Boston Merchant Financial
fbs inc
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Overview
Boston Merchant Financial was founded in 1988 and is headquartered in Dubai, while fbs inc was established in 2018 and is based in Australia. Boston Merchant Financial holds licences including Australian Securities and Investment Commission (ASIC), while fbs inc is regulated by Financial Conduct Authority (FCA) among others. Boston Merchant Financial serves 10,000+ clients worldwide; fbs inc has 10,000+. The minimum deposit is $50 at Boston Merchant Financial and $250 at fbs inc.
| Feature | Boston Merchant Financial | fbs inc |
|---|---|---|
| Min. Deposit | $50 | $250 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F225 |
| Founded | 1988 | 2018 |
| Country | Dubai | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Boston Merchant Financial and fbs inc, directly affecting your bottom line as a trader. fbs inc has a lower barrier to entry with a minimum deposit of $250 (vs $50 at Boston Merchant Financial). Neither broker charges withdrawal fees. Overall, Boston Merchant Financial scores higher on fees in our assessment.
| Feature | Boston Merchant Financial | fbs inc |
|---|---|---|
| Min. Deposit | $50 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Boston Merchant Financial offers MT5, cTrader, while fbs inc supports 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. The two brokers are closely matched on platform offering.
| Feature | Boston Merchant Financial | fbs inc |
|---|---|---|
| MT4 | No | No |
| 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, MT5, Mac, ZuluTrade, Web Trader, cTrader, 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 fbs inc compare. fbs inc runs regular live webinars; Boston Merchant Financial does not. fbs inc has a video library; Boston Merchant Financial does not. fbs inc publishes daily market commentary; Boston Merchant Financial does not. fbs inc integrates third-party research tools (Trading Central); Boston Merchant Financial does not. fbs inc maintains an archive of past webinars for on-demand viewing. fbs inc scores higher overall in education and research.
| Feature | Boston Merchant Financial | fbs inc |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 fbs inc supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fbs inc uniquely supports PayPal and Skrill and Neteller among the two brokers. fbs inc scores higher on deposit and withdrawal flexibility.
| Feature | Boston Merchant Financial | fbs inc |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 fbs inc offer live chat support. Both provide phone support. Email support is available at both brokers. Boston Merchant Financial supports 2 languages and fbs inc supports 8, giving fbs inc broader global reach. Both brokers are comparable on support quality.
| Feature | Boston Merchant Financial | fbs inc |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |