Boston Merchant Financial
CM Trading
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Overview
Boston Merchant Financial was founded in 1988 and is headquartered in Dubai, while CM Trading was established in 2011 and is based in Seychelles. Boston Merchant Financial holds licences including Australian Securities and Investment Commission (ASIC), while CM Trading is regulated by Financial Sector Conduct Authority (FSCA) among others. Boston Merchant Financial serves 10,000+ clients worldwide; CM Trading has 10,000+. The minimum deposit is $50 at Boston Merchant Financial and $250 at CM Trading.
| Feature | Boston Merchant Financial | CM Trading |
|---|---|---|
| Min. Deposit | $50 | $250 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial Sector Conduct Authority (FSCA) |
| Founded | 1988 | 2011 |
| Country | Dubai | Seychelles |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Boston Merchant Financial and CM Trading, directly affecting your bottom line as a trader. CM Trading has a lower barrier to entry with a minimum deposit of $250 (vs $50 at Boston Merchant Financial). Neither broker charges withdrawal fees. CM Trading applies inactivity fees on dormant accounts; Boston Merchant Financial does not. Overall, Boston Merchant Financial scores higher on fees in our assessment.
| Feature | Boston Merchant Financial | CM Trading |
|---|---|---|
| Min. Deposit | $50 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Boston Merchant Financial offers MT5, cTrader, while CM Trading supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. CM Trading edges ahead on platform breadth and functionality in our scoring.
| Feature | Boston Merchant Financial | CM Trading |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Sirix, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Boston Merchant Financial and CM Trading compare. CM Trading has a video library; Boston Merchant Financial does not. CM Trading integrates third-party research tools (Autochartist); Boston Merchant Financial does not. CM Trading scores higher overall in education and research.
| Feature | Boston Merchant Financial | CM Trading |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Boston Merchant Financial accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while CM Trading supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Boston Merchant Financial | CM Trading |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Boston Merchant Financial and CM Trading 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.
| Feature | Boston Merchant Financial | CM Trading |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |