Degiro
Finmax
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Overview
Degiro was founded in 1934 and is headquartered in Netherlands, while Finmax was established in 2008 and is based in Bulgaria. Degiro holds licences including Financial Conduct Authority (FCA), while Finmax is regulated by Financial Services Authority (FSA) among others. Degiro serves 600,000+ clients worldwide; Finmax has 10,000+. Both brokers share the same minimum deposit of $0.
| Feature | Degiro | Finmax |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Regulation | Financial Conduct Authority (FCA), The Netherlands Authority for the Financial Markets (AFM), The Dutch Central Bank (DNB) | Financial Services Authority (FSA) |
| Founded | 1934 | 2008 |
| Country | Netherlands | Bulgaria |
| Clients | 600,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Degiro and Finmax, directly affecting your bottom line as a trader. Both require a minimum deposit of $0. Neither broker charges withdrawal fees. Finmax applies inactivity fees on dormant accounts; Degiro does not. The two brokers are broadly comparable on fee structure.
| Feature | Degiro | Finmax |
|---|---|---|
| Min. Deposit | $0 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Degiro offers MT4, MT5, cTrader, while Finmax supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Degiro | Finmax |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | MT4,MT5 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Degiro and Finmax compare. Degiro has a video library; Finmax does not. Degiro integrates third-party research tools (Autochartist); Finmax does not. Degiro scores higher overall in education and research.
| Feature | Degiro | Finmax |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Degiro 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 | Degiro | 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 Degiro 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 | Degiro | Finmax |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |