Exante
Finmax
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Overview
Exante was founded in 2011 and is headquartered in Malta, while Finmax was established in 2008 and is based in Bulgaria. Exante holds licences including Malta Financial Services Authority (MFSA), while Finmax is regulated by Financial Services Authority (FSA) among others. Exante serves 10,000+ clients worldwide; Finmax has 10,000+. The minimum deposit is $11700 at Exante and $0 at Finmax.
| Feature | Exante | Finmax |
|---|---|---|
| Min. Deposit | $11700 | $0 |
| Regulation | Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA | Financial Services Authority (FSA) |
| Founded | 2011 | 2008 |
| Country | Malta | Bulgaria |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Exante and Finmax, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $11700 at Exante). Exante charges withdrawal fees while Finmax does not, a notable advantage for frequent withdrawers. Finmax applies inactivity fees on dormant accounts; Exante does not. Overall, Finmax scores higher on fees in our assessment.
| Feature | Exante | Finmax |
|---|---|---|
| Min. Deposit | $11700 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Exante offers MT4, MT5, a proprietary platform, 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 | Exante | Finmax |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, WEB, desktop | MT4,MT5 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Exante and Finmax compare. Exante maintains an archive of past webinars for on-demand viewing. The two brokers are evenly matched on educational content.
| Feature | Exante | Finmax |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Exante accepts 1 of the tracked payment methods (bank transfer), while Finmax supports 2 (bank transfer, credit/debit card). Finmax uniquely supports credit/debit card among the two brokers. Finmax scores higher on deposit and withdrawal flexibility.
| Feature | Exante | Finmax |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | 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. Finmax offers live chat; Exante does not, making Finmax easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Finmax scores higher overall on customer support in our assessment.
| Feature | Exante | Finmax |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |