CIM Banque
Finmax
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Overview
CIM Banque was founded in 1995 and is headquartered in Geneva, while Finmax was established in 2008 and is based in Bulgaria. CIM Banque holds licences including Financial Industry Regulatory Authority (FINRA), while Finmax is regulated by Financial Services Authority (FSA) among others. CIM Banque serves 10,000+ clients worldwide; Finmax has 10,000+. The minimum deposit is $100 at CIM Banque and $0 at Finmax.
| Feature | CIM Banque | Finmax |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Securities Investor Protection Corporation (SIPC) | Financial Services Authority (FSA) |
| Founded | 1995 | 2008 |
| Country | Geneva | Bulgaria |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CIM Banque and Finmax, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $100 at CIM Banque). Neither broker charges withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Finmax scores higher on fees in our assessment.
| Feature | CIM Banque | Finmax |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
CIM Banque offers MT4, MT5, cTrader, while Finmax supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. CIM Banque supports social and copy trading features, which Finmax does not offer. The two brokers are closely matched on platform offering.
| Feature | CIM Banque | Finmax |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android ,iPhone,Mac,iPade | MT4,MT5 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how CIM Banque and Finmax compare. CIM Banque runs regular live webinars; Finmax does not. CIM Banque has a video library; Finmax does not. CIM Banque publishes daily market commentary; Finmax does not. CIM Banque integrates third-party research tools (Trading Central, Autochartist); Finmax does not. CIM Banque maintains an archive of past webinars for on-demand viewing. CIM Banque scores higher overall in education and research.
| Feature | CIM Banque | Finmax |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CIM Banque accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Finmax supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | CIM Banque | Finmax |
|---|---|---|
| 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 CIM Banque and Finmax 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 | CIM Banque | Finmax |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |