Boston Merchant Financial
Wilsons Advisory And Stockbroking
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 Wilsons Advisory And Stockbroking was established in 2008 and is based in Australia. Boston Merchant Financial holds licences including Australian Securities and Investment Commission (ASIC), while Wilsons Advisory And Stockbroking is regulated by Unregulated among others. Boston Merchant Financial serves 10,000+ clients worldwide; Wilsons Advisory And Stockbroking has 10,000+. The minimum deposit is $50 at Boston Merchant Financial and $100 at Wilsons Advisory And Stockbroking.
| Feature | Boston Merchant Financial | Wilsons Advisory And Stockbroking |
|---|---|---|
| Min. Deposit | $50 | $100 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Unregulated |
| Founded | 1988 | 2008 |
| Country | Dubai | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Boston Merchant Financial and Wilsons Advisory And Stockbroking, directly affecting your bottom line as a trader. Wilsons Advisory And Stockbroking has a lower barrier to entry with a minimum deposit of $100 (vs $50 at Boston Merchant Financial). Wilsons Advisory And Stockbroking charges withdrawal fees while Boston Merchant Financial does not, giving Boston Merchant Financial an edge for frequent withdrawers. Wilsons Advisory And Stockbroking applies inactivity fees on dormant accounts; Boston Merchant Financial does not. Wilsons Advisory And Stockbroking charges deposit fees; Boston Merchant Financial does not. Overall, Boston Merchant Financial scores higher on fees in our assessment.
| Feature | Boston Merchant Financial | Wilsons Advisory And Stockbroking |
|---|---|---|
| Min. Deposit | $50 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Boston Merchant Financial offers MT5, cTrader, while Wilsons Advisory And Stockbroking supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Boston Merchant Financial supports social and copy trading features, which Wilsons Advisory And Stockbroking does not offer. Wilsons Advisory And Stockbroking edges ahead on platform breadth and functionality in our scoring.
| Feature | Boston Merchant Financial | Wilsons Advisory And Stockbroking |
|---|---|---|
| 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 | Metatrader 4 - desktop, iOS and Android versions available. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Boston Merchant Financial and Wilsons Advisory And Stockbroking compare. Wilsons Advisory And Stockbroking has a video library; Boston Merchant Financial does not. Wilsons Advisory And Stockbroking integrates third-party research tools (Autochartist); Boston Merchant Financial does not. Wilsons Advisory And Stockbroking scores higher overall in education and research.
| Feature | Boston Merchant Financial | Wilsons Advisory And Stockbroking |
|---|---|---|
| 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 Wilsons Advisory And Stockbroking supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Boston Merchant Financial | Wilsons Advisory And Stockbroking |
|---|---|---|
| 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 Wilsons Advisory And Stockbroking 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 | Wilsons Advisory And Stockbroking |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |