Boston Merchant Financial
Exante
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Overview
Boston Merchant Financial was founded in 1988 and is headquartered in Dubai, while Exante was established in 2011 and is based in Malta. Boston Merchant Financial holds licences including Australian Securities and Investment Commission (ASIC), while Exante is regulated by Malta Financial Services Authority (MFSA) among others. Boston Merchant Financial serves 10,000+ clients worldwide; Exante has 10,000+. The minimum deposit is $50 at Boston Merchant Financial and $11700 at Exante.
| Feature | Boston Merchant Financial | Exante |
|---|---|---|
| Min. Deposit | $50 | $11700 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA |
| Founded | 1988 | 2011 |
| Country | Dubai | Malta |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Boston Merchant Financial and Exante, directly affecting your bottom line as a trader. Exante has a lower barrier to entry with a minimum deposit of $11700 (vs $50 at Boston Merchant Financial). Exante charges withdrawal fees while Boston Merchant Financial does not, giving Boston Merchant Financial an edge for frequent withdrawers. Overall, Boston Merchant Financial scores higher on fees in our assessment.
| Feature | Boston Merchant Financial | Exante |
|---|---|---|
| Min. Deposit | $50 | $11700 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Boston Merchant Financial offers MT5, cTrader, while Exante supports MT4, MT5, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Boston Merchant Financial supports social and copy trading features, which Exante does not offer. Exante edges ahead on platform breadth and functionality in our scoring.
| Feature | Boston Merchant Financial | Exante |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, WEB, desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Boston Merchant Financial and Exante compare. Exante maintains an archive of past webinars for on-demand viewing. The two brokers are evenly matched on educational content.
| Feature | Boston Merchant Financial | Exante |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
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 Exante supports 1 (bank transfer). Boston Merchant Financial uniquely supports credit/debit card among the two brokers. Boston Merchant Financial scores higher on deposit and withdrawal flexibility.
| Feature | Boston Merchant Financial | Exante |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| 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. Boston Merchant Financial offers live chat; Exante does not, making Boston Merchant Financial easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Boston Merchant Financial scores higher overall on customer support in our assessment.
| Feature | Boston Merchant Financial | Exante |
|---|---|---|
| Live Chat | Yes | No |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |