easyMarkets
Finmax
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Overview
easyMarkets was founded in 2003 and is headquartered in Cyprus, Australia, while Finmax was established in 2008 and is based in Bulgaria. easyMarkets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Finmax is regulated by Financial Services Authority (FSA) among others. easyMarkets serves 142,500+ clients worldwide; Finmax has 10,000+. The minimum deposit is $100 at easyMarkets and $0 at Finmax.
| Feature | easyMarkets | Finmax |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Financial Services Authority (FSA) |
| Founded | 2003 | 2008 |
| Country | Cyprus, Australia | Bulgaria |
| Clients | 142,500+ | 10,000+ |
Fees
Fees are a critical factor when choosing between easyMarkets 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 easyMarkets). Neither broker charges withdrawal fees. Finmax applies inactivity fees on dormant accounts; easyMarkets does not. Overall, Finmax scores higher on fees in our assessment.
| Feature | easyMarkets | Finmax |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
easyMarkets offers MT4, MT5, cTrader, a proprietary platform, while Finmax supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. easyMarkets supports social and copy trading features, which Finmax does not offer. easyMarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | easyMarkets | Finmax |
|---|---|---|
| MT4 | Yes | 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 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how easyMarkets and Finmax compare. easyMarkets runs regular live webinars; Finmax does not. easyMarkets has a video library; Finmax does not. easyMarkets publishes daily market commentary; Finmax does not. easyMarkets integrates third-party research tools (Trading Central, Autochartist); Finmax does not. easyMarkets maintains an archive of past webinars for on-demand viewing. easyMarkets scores higher overall in education and research.
| Feature | easyMarkets | 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. easyMarkets accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Finmax supports 2 (bank transfer, credit/debit card). easyMarkets uniquely supports Skrill and Neteller among the two brokers. easyMarkets scores higher on deposit and withdrawal flexibility.
| Feature | easyMarkets | Finmax |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both easyMarkets and Finmax offer live chat support. Both provide phone support. Email support is available at both brokers. easyMarkets supports 5 languages and Finmax supports 2, giving easyMarkets broader global reach. Both brokers are comparable on support quality.
| Feature | easyMarkets | Finmax |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Arabic, Chinese, Spanish and Polish | English, and Chinese |