B

Boston Merchant Financial

6.1/10

Evans and Partners

6/10
7/10WinnerRegulation5/10
10/10WinnerFees0/10
7/10PlatformsWinner9/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Boston Merchant Financial was founded in 1988 and is headquartered in Dubai, while Evans and Partners was established in 2012 and is based in USA. Boston Merchant Financial holds licences including Australian Securities and Investment Commission (ASIC), while Evans and Partners is regulated by Unregulated among others. Boston Merchant Financial serves 10,000+ clients worldwide; Evans and Partners has 10,000+. The minimum deposit is $50 at Boston Merchant Financial and $500 at Evans and Partners.

Boston Merchant Financial wins this category
FeatureBoston Merchant FinancialEvans and Partners
Min. Deposit$50$500
RegulationAustralian Securities and Investment Commission (ASIC)Unregulated
Founded19882012
CountryDubaiUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Boston Merchant Financial and Evans and Partners, directly affecting your bottom line as a trader. Boston Merchant Financial has a lower barrier to entry with a minimum deposit of $50 (vs $500 at Evans and Partners). Neither broker charges withdrawal fees. Evans and Partners applies inactivity fees on dormant accounts; Boston Merchant Financial does not. Overall, Boston Merchant Financial scores higher on fees in our assessment.

Boston Merchant Financial wins this category
FeatureBoston Merchant FinancialEvans and Partners
Min. Deposit$50$500
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoYes

Platforms

Boston Merchant Financial offers MT5, cTrader, while Evans and Partners supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Boston Merchant Financial supports social and copy trading features, which Evans and Partners does not offer. Evans and Partners edges ahead on platform breadth and functionality in our scoring.

Evans and Partners wins this category
FeatureBoston Merchant FinancialEvans and Partners
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Web Trader, Tablet & Mobile appsMetaTrader 4,MetaTrader 5

Education & Research

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

Evans and Partners wins this category
FeatureBoston Merchant FinancialEvans and Partners
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

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 Evans and Partners supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureBoston Merchant FinancialEvans and Partners
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 Boston Merchant Financial and Evans and Partners 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
FeatureBoston Merchant FinancialEvans and Partners
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese