B

Boston Merchant Financial

6.1/10

test broker

0/10
7/10WinnerRegulation0/10
10/10WinnerFees0/10
7/10WinnerPlatforms0/10
0/10Education & ResearchTied0/10
4/10WinnerDeposits & Withdrawals0/10
10/10WinnerSupport0/10

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Overview

Boston Merchant Financial and test broker are both established, regulated brokers. Boston Merchant Financial serves 10,000+ clients worldwide.

Boston Merchant Financial wins this category
FeatureBoston Merchant Financialtest broker
Min. Deposit$50Not available
RegulationAustralian Securities and Investment Commission (ASIC)Not available
Founded1988Not available
CountryDubaiNot available
Clients10,000+Not available

Fees

Fees are a critical factor when choosing between Boston Merchant Financial and test broker, directly affecting your bottom line as a trader. Overall, Boston Merchant Financial scores higher on fees in our assessment.

Boston Merchant Financial wins this category
FeatureBoston Merchant Financialtest broker
Min. Deposit$50Not available
Withdrawal FeesNoNot available
Inactivity FeesNoNot available
Deposit FeesNoNot available
CFD FeesNoNot available

Platforms

Boston Merchant Financial offers a mobile trading app; mobile availability for test broker is limited. Boston Merchant Financial supports social and copy trading features, which test broker does not offer. Boston Merchant Financial edges ahead on platform breadth and functionality in our scoring.

Boston Merchant Financial wins this category
FeatureBoston Merchant Financialtest broker
MT4NoNot available
MT5YesNot available
cTraderYesNot available
Windows AppYesNot available
iOS AppYesNot available
Android AppYesNot available
Trading PlatformsMT4, Web Trader, Tablet & Mobile appsNot available

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Boston Merchant Financial and test broker compare. The two brokers are evenly matched on educational content.

Tied
FeatureBoston Merchant Financialtest broker
Forex EducationNoNot available
CFD EducationNoNot available
Weekly WebinarsNoNot available
Daily CommentaryNoNot available
Trading CentralNoNot available
AutochartistNoNot available

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Boston Merchant Financial uniquely supports bank transfer and credit/debit card among the two brokers. Boston Merchant Financial scores higher on deposit and withdrawal flexibility.

Boston Merchant Financial wins this category
FeatureBoston Merchant Financialtest broker
Bank TransferYesNot available
Credit CardYesNot available
PayPalNoNot available
SkrillNoNot available
NetellerNoNot available

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; test broker does not, making Boston Merchant Financial easier to reach in real time. Boston Merchant Financial offers phone support; test broker does not. Boston Merchant Financial offers email support; no email support was found for test broker. Boston Merchant Financial offers multilingual support. Boston Merchant Financial scores higher overall on customer support in our assessment.

Boston Merchant Financial wins this category
FeatureBoston Merchant Financialtest broker
Live ChatYesNot available
Phone SupportYesNot available
Email SupportYesNot available
LanguagesEnglish, and ChineseNot available