Finmax
forex4you
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Overview
Finmax was founded in 2008 and is headquartered in Bulgaria, while forex4you was established in 2020 and is based in UK. Finmax holds licences including Financial Services Authority (FSA), while forex4you is regulated by Financial Conduct Authority (FCA) among others. Finmax serves 10,000+ clients worldwide; forex4you has 142,500+. The minimum deposit is $0 at Finmax and $250 at forex4you.
| Feature | Finmax | forex4you |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Regulation | Financial Services Authority (FSA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F227 |
| Founded | 2008 | 2020 |
| Country | Bulgaria | UK |
| Clients | 10,000+ | 142,500+ |
Fees
Fees are a critical factor when choosing between Finmax and forex4you, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $250 at forex4you). 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 | Finmax | forex4you |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Finmax offers MT4, MT5, cTrader, while forex4you supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. forex4you supports social and copy trading features, which Finmax does not offer. The two brokers are closely matched on platform offering.
| Feature | Finmax | forex4you |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,MT5 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Finmax and forex4you compare. The two brokers are evenly matched on educational content.
| Feature | Finmax | forex4you |
|---|---|---|
| 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. Finmax accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while forex4you supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). forex4you uniquely supports PayPal and Skrill and Neteller among the two brokers. forex4you scores higher on deposit and withdrawal flexibility.
| Feature | Finmax | forex4you |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Finmax and forex4you offer live chat support. Both provide phone support. Email support is available at both brokers. Finmax supports 2 languages and forex4you supports 8, giving forex4you broader global reach. Both brokers are comparable on support quality.
| Feature | Finmax | forex4you |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |