B

Blackwell Global investments

6.2/10

Finmax

5.6/10
6/10WinnerRegulation3/10
0/10FeesWinner10/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Blackwell Global investments was founded in 2004 and is headquartered in United States, while Finmax was established in 2008 and is based in Bulgaria. Blackwell Global investments holds licences including Unregulated, while Finmax is regulated by Financial Services Authority (FSA) among others. Blackwell Global investments serves 10,000+ clients worldwide; Finmax has 10,000+. The minimum deposit is $10000 at Blackwell Global investments and $0 at Finmax.

Blackwell Global investments wins this category
FeatureBlackwell Global investmentsFinmax
Min. Deposit$10000$0
RegulationUnregulatedFinancial Services Authority (FSA)
Founded20042008
CountryUnited StatesBulgaria
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Blackwell Global investments 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 Blackwell Global investments). Blackwell Global investments charges withdrawal fees while Finmax does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Finmax scores higher on fees in our assessment.

Finmax wins this category
FeatureBlackwell Global investmentsFinmax
Min. Deposit$10000$0
Withdrawal FeesYesNo
Inactivity FeesYesYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Blackwell Global investments offers MT4, MT5, cTrader, while Finmax supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureBlackwell Global investmentsFinmax
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsBlackwell Trader MT4, MobileMT4,MT5

Education & Research

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

Blackwell Global investments wins this category
FeatureBlackwell Global investmentsFinmax
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. Blackwell Global investments 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
FeatureBlackwell Global investmentsFinmax
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 Blackwell Global investments 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
FeatureBlackwell Global investmentsFinmax
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese