Boston Merchant Financial
invest az
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Boston Merchant Financial was founded in 1988 and is headquartered in Dubai, while invest az was established in 2018 and is based in United Kingdom. Boston Merchant Financial holds licences including Australian Securities and Investment Commission (ASIC), while invest az is regulated by Financial Conduct Authority (FCA) among others. Boston Merchant Financial serves 10,000+ clients worldwide; invest az has 10,000+. The minimum deposit is $50 at Boston Merchant Financial and $250 at invest az.
| Feature | Boston Merchant Financial | invest az |
|---|---|---|
| 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-F261 |
| Founded | 1988 | 2018 |
| Country | Dubai | United Kingdom |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Boston Merchant Financial and invest az, directly affecting your bottom line as a trader. invest az has a lower barrier to entry with a minimum deposit of $250 (vs $50 at Boston Merchant Financial). Neither broker charges withdrawal fees. invest az 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 | invest az |
|---|---|---|
| Min. Deposit | $50 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Boston Merchant Financial offers MT5, cTrader, while invest az supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Boston Merchant Financial supports social and copy trading features, which invest az does not offer. invest az edges ahead on platform breadth and functionality in our scoring.
| Feature | Boston Merchant Financial | invest az |
|---|---|---|
| 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, 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 invest az compare. invest az runs regular live webinars; Boston Merchant Financial does not. invest az has a video library; Boston Merchant Financial does not. invest az publishes daily market commentary; Boston Merchant Financial does not. invest az integrates third-party research tools (Trading Central); Boston Merchant Financial does not. invest az maintains an archive of past webinars for on-demand viewing. invest az scores higher overall in education and research.
| Feature | Boston Merchant Financial | invest az |
|---|---|---|
| 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 invest az supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). invest az uniquely supports PayPal and Skrill and Neteller among the two brokers. invest az scores higher on deposit and withdrawal flexibility.
| Feature | Boston Merchant Financial | invest az |
|---|---|---|
| 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 invest az offer live chat support. Both provide phone support. Email support is available at both brokers. Boston Merchant Financial supports 2 languages and invest az supports 8, giving invest az broader global reach. Both brokers are comparable on support quality.
| Feature | Boston Merchant Financial | invest az |
|---|---|---|
| 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 |