Finmax
FX Primus
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Overview
Finmax was founded in 2008 and is headquartered in Bulgaria, while FX Primus was established in 2009 and is based in Cyprus. Finmax holds licences including Financial Services Authority (FSA), while FX Primus is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Finmax serves 10,000+ clients worldwide; FX Primus has 10,000+. The minimum deposit is $0 at Finmax and $100 at FX Primus.
| Feature | Finmax | FX Primus |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Financial Services Authority (FSA) | Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID) |
| Founded | 2008 | 2009 |
| Country | Bulgaria | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Finmax and FX Primus, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $100 at FX Primus). FX Primus charges withdrawal fees while Finmax does not, giving Finmax an edge for frequent withdrawers. Finmax applies inactivity fees on dormant accounts; FX Primus does not. FX Primus charges deposit fees; Finmax does not. Overall, Finmax scores higher on fees in our assessment.
| Feature | Finmax | FX Primus |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Finmax offers MT4, MT5, cTrader, while FX Primus supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FX Primus supports social and copy trading features, which Finmax does not offer. The two brokers are closely matched on platform offering.
| Feature | Finmax | FX Primus |
|---|---|---|
| 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, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Finmax and FX Primus compare. FX Primus runs regular live webinars; Finmax does not. FX Primus has a video library; Finmax does not. FX Primus publishes daily market commentary; Finmax does not. FX Primus integrates third-party research tools (Trading Central); Finmax does not. FX Primus maintains an archive of past webinars for on-demand viewing. FX Primus scores higher overall in education and research.
| Feature | Finmax | FX Primus |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 FX Primus supports 3 (bank transfer, credit/debit card, Neteller). FX Primus uniquely supports Neteller among the two brokers. FX Primus scores higher on deposit and withdrawal flexibility.
| Feature | Finmax | FX Primus |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| 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 FX Primus offer live chat support. Both provide phone support. Email support is available at both brokers. Finmax supports 2 languages and FX Primus supports 8, giving FX Primus broader global reach. Both brokers are comparable on support quality.
| Feature | Finmax | FX Primus |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian |