Finmax
ninjatrader brokerage
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Overview
Finmax was founded in 2008 and is headquartered in Bulgaria, while ninjatrader brokerage was established in 2018 and is based in GRENADINES. Finmax holds licences including Financial Services Authority (FSA), while ninjatrader brokerage is regulated by Financial Conduct Authority (FCA) among others. Finmax serves 10,000+ clients worldwide; ninjatrader brokerage has 10,000+. The minimum deposit is $0 at Finmax and $250 at ninjatrader brokerage.
| Feature | Finmax | ninjatrader brokerage |
|---|---|---|
| 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-F285 |
| Founded | 2008 | 2018 |
| Country | Bulgaria | GRENADINES |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Finmax and ninjatrader brokerage, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $250 at ninjatrader brokerage). 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 | ninjatrader brokerage |
|---|---|---|
| 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 ninjatrader brokerage supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. ninjatrader brokerage supports social and copy trading features, which Finmax does not offer. Finmax edges ahead on platform breadth and functionality in our scoring.
| Feature | Finmax | ninjatrader brokerage |
|---|---|---|
| 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 ninjatrader brokerage compare. ninjatrader brokerage runs regular live webinars; Finmax does not. ninjatrader brokerage has a video library; Finmax does not. ninjatrader brokerage publishes daily market commentary; Finmax does not. ninjatrader brokerage integrates third-party research tools (Trading Central, Autochartist); Finmax does not. ninjatrader brokerage maintains an archive of past webinars for on-demand viewing. ninjatrader brokerage scores higher overall in education and research.
| Feature | Finmax | ninjatrader brokerage |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
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 ninjatrader brokerage supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ninjatrader brokerage uniquely supports PayPal and Skrill and Neteller among the two brokers. ninjatrader brokerage scores higher on deposit and withdrawal flexibility.
| Feature | Finmax | ninjatrader brokerage |
|---|---|---|
| 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 ninjatrader brokerage offer live chat support. Both provide phone support. Email support is available at both brokers. Finmax supports 2 languages and ninjatrader brokerage supports 8, giving ninjatrader brokerage broader global reach. Both brokers are comparable on support quality.
| Feature | Finmax | ninjatrader brokerage |
|---|---|---|
| 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 |