Boston Merchant Financial
Invast Global
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Overview
Boston Merchant Financial was founded in 1988 and is headquartered in Dubai, while Invast Global was established in 1960 and is based in Australia. Both brokers are regulated by Australian Securities and Investment Commission (ASIC), among other authorities. Boston Merchant Financial serves 10,000+ clients worldwide; Invast Global has 10,000+. The minimum deposit is $50 at Boston Merchant Financial and $25000 at Invast Global.
| Feature | Boston Merchant Financial | Invast Global |
|---|---|---|
| Min. Deposit | $50 | $25000 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Australian Securities and Investment Commission (ASIC) |
| Founded | 1988 | 1960 |
| Country | Dubai | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Boston Merchant Financial and Invast Global, directly affecting your bottom line as a trader. Invast Global has a lower barrier to entry with a minimum deposit of $25000 (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 | Invast Global |
|---|---|---|
| Min. Deposit | $50 | $25000 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Boston Merchant Financial offers MT5, cTrader, while Invast Global supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Boston Merchant Financial supports social and copy trading features, which Invast Global does not offer. Invast Global edges ahead on platform breadth and functionality in our scoring.
| Feature | Boston Merchant Financial | Invast Global |
|---|---|---|
| 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, |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Boston Merchant Financial and Invast Global compare. Invast Global has a video library; Boston Merchant Financial does not. Invast Global integrates third-party research tools (Autochartist); Boston Merchant Financial does not. Invast Global scores higher overall in education and research.
| Feature | Boston Merchant Financial | Invast Global |
|---|---|---|
| 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 Invast Global supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Boston Merchant Financial | Invast Global |
|---|---|---|
| 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 Invast Global 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 | Invast Global |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |