Boston Merchant Financial
pro finance service
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Overview
Boston Merchant Financial was founded in 1988 and is headquartered in Dubai, while pro finance service was established in 2017 and is based in Geneva. Boston Merchant Financial holds licences including Australian Securities and Investment Commission (ASIC), while pro finance service is regulated by Financial Conduct Authority (FCA) among others. Boston Merchant Financial serves 10,000+ clients worldwide; pro finance service has 150,000+. The minimum deposit is $50 at Boston Merchant Financial and $250 at pro finance service.
| Feature | Boston Merchant Financial | pro finance service |
|---|---|---|
| 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-F296 |
| Founded | 1988 | 2017 |
| Country | Dubai | Geneva |
| Clients | 10,000+ | 150,000+ |
Fees
Fees are a critical factor when choosing between Boston Merchant Financial and pro finance service, directly affecting your bottom line as a trader. pro finance service has a lower barrier to entry with a minimum deposit of $250 (vs $50 at Boston Merchant Financial). pro finance service charges withdrawal fees while Boston Merchant Financial does not, giving Boston Merchant Financial an edge for frequent withdrawers. pro finance service applies inactivity fees on dormant accounts; Boston Merchant Financial does not. pro finance service charges deposit fees; Boston Merchant Financial does not. Overall, Boston Merchant Financial scores higher on fees in our assessment.
| Feature | Boston Merchant Financial | pro finance service |
|---|---|---|
| Min. Deposit | $50 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Boston Merchant Financial offers MT5, cTrader, while pro finance service supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Boston Merchant Financial supports social and copy trading features, which pro finance service does not offer. pro finance service edges ahead on platform breadth and functionality in our scoring.
| Feature | Boston Merchant Financial | pro finance service |
|---|---|---|
| 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 pro finance service compare. pro finance service runs regular live webinars; Boston Merchant Financial does not. pro finance service has a video library; Boston Merchant Financial does not. pro finance service publishes daily market commentary; Boston Merchant Financial does not. pro finance service integrates third-party research tools (Trading Central, Autochartist); Boston Merchant Financial does not. pro finance service maintains an archive of past webinars for on-demand viewing. pro finance service scores higher overall in education and research.
| Feature | Boston Merchant Financial | pro finance service |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 pro finance service supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). pro finance service uniquely supports PayPal and Skrill and Neteller among the two brokers. pro finance service scores higher on deposit and withdrawal flexibility.
| Feature | Boston Merchant Financial | pro finance service |
|---|---|---|
| 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 pro finance service offer live chat support. Both provide phone support. Email support is available at both brokers. Boston Merchant Financial supports 2 languages and pro finance service supports 8, giving pro finance service broader global reach. Both brokers are comparable on support quality.
| Feature | Boston Merchant Financial | pro finance service |
|---|---|---|
| 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 |