B

Bailieu

6.3/10

Finmax

5.6/10
7/10WinnerRegulation3/10
1/10FeesWinner10/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bailieu was founded in 2012 and is headquartered in Australia, while Finmax was established in 2008 and is based in Bulgaria. Bailieu holds licences including Australian Securities and Investment Commission (ASIC), while Finmax is regulated by Financial Services Authority (FSA) among others. Bailieu serves 10,000+ clients worldwide; Finmax has 10,000+. The minimum deposit is $10000 at Bailieu and $0 at Finmax.

Bailieu wins this category
FeatureBailieuFinmax
Min. Deposit$10000$0
RegulationAustralian Securities and Investment Commission (ASIC)Financial Services Authority (FSA)
Founded20122008
CountryAustraliaBulgaria
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bailieu and Finmax, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $10000 at Bailieu). Neither broker charges withdrawal fees. Finmax applies inactivity fees on dormant accounts; Bailieu does not. Overall, Finmax scores higher on fees in our assessment.

Finmax wins this category
FeatureBailieuFinmax
Min. Deposit$10000$0
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Bailieu offers MT5, cTrader, while Finmax supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Finmax edges ahead on platform breadth and functionality in our scoring.

Finmax wins this category
FeatureBailieuFinmax
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopMT4,MT5

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bailieu and Finmax compare. Bailieu runs regular live webinars; Finmax does not. Bailieu has a video library; Finmax does not. Bailieu publishes daily market commentary; Finmax does not. Bailieu integrates third-party research tools (Trading Central, Autochartist); Finmax does not. Bailieu maintains an archive of past webinars for on-demand viewing. Bailieu scores higher overall in education and research.

Bailieu wins this category
FeatureBailieuFinmax
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bailieu accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Finmax supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBailieuFinmax
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bailieu and Finmax offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureBailieuFinmax
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese