Finmax
justforex
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Overview
Finmax was founded in 2008 and is headquartered in Bulgaria, while justforex was established in 2010 and is based in UK. Finmax holds licences including Financial Services Authority (FSA), while justforex is regulated by Financial Conduct Authority (FCA) among others. Finmax serves 10,000+ clients worldwide; justforex has 1,000,000+. The minimum deposit is $0 at Finmax and $250 at justforex.
| Feature | Finmax | justforex |
|---|---|---|
| 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-F265 |
| Founded | 2008 | 2010 |
| Country | Bulgaria | UK |
| Clients | 10,000+ | 1,000,000+ |
Fees
Fees are a critical factor when choosing between Finmax and justforex, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $250 at justforex). justforex charges withdrawal fees while Finmax does not, giving Finmax an edge for frequent withdrawers. Finmax applies inactivity fees on dormant accounts; justforex does not. Overall, Finmax scores higher on fees in our assessment.
| Feature | Finmax | justforex |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Finmax offers MT4, MT5, cTrader, while justforex supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. justforex supports social and copy trading features, which Finmax does not offer. Finmax edges ahead on platform breadth and functionality in our scoring.
| Feature | Finmax | justforex |
|---|---|---|
| MT4 | Yes | No |
| 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 justforex compare. justforex runs regular live webinars; Finmax does not. justforex has a video library; Finmax does not. justforex publishes daily market commentary; Finmax does not. justforex integrates third-party research tools (Trading Central); Finmax does not. justforex maintains an archive of past webinars for on-demand viewing. justforex scores higher overall in education and research.
| Feature | Finmax | justforex |
|---|---|---|
| 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 justforex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). justforex uniquely supports PayPal and Skrill and Neteller among the two brokers. justforex scores higher on deposit and withdrawal flexibility.
| Feature | Finmax | justforex |
|---|---|---|
| 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 justforex offer live chat support. Both provide phone support. Email support is available at both brokers. Finmax supports 2 languages and justforex supports 8, giving justforex broader global reach. Both brokers are comparable on support quality.
| Feature | Finmax | justforex |
|---|---|---|
| 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 |