Finmax
noor capital markets
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Overview
Finmax was founded in 2008 and is headquartered in Bulgaria, while noor capital markets was established in 2019 and is based in USA. Finmax holds licences including Financial Services Authority (FSA), while noor capital markets is regulated by UAE Securities and Commodities Authority (SCA) among others. Finmax serves 10,000+ clients worldwide; noor capital markets has 1,000,000+. The minimum deposit is $0 at Finmax and $250 at noor capital markets.
| Feature | Finmax | noor capital markets |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Regulation | Financial Services Authority (FSA) | UAE Securities and Commodities Authority (SCA) |
| Founded | 2008 | 2019 |
| Country | Bulgaria | USA |
| Clients | 10,000+ | 1,000,000+ |
Fees
Fees are a critical factor when choosing between Finmax and noor capital markets, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $250 at noor capital markets). 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 | noor capital markets |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Finmax offers MT4, MT5, cTrader, while noor capital markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. noor capital markets supports social and copy trading features, which Finmax does not offer. The two brokers are closely matched on platform offering.
| Feature | Finmax | noor capital markets |
|---|---|---|
| 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 noor capital markets compare. noor capital markets runs regular live webinars; Finmax does not. noor capital markets has a video library; Finmax does not. noor capital markets publishes daily market commentary; Finmax does not. noor capital markets integrates third-party research tools (Trading Central, Autochartist); Finmax does not. noor capital markets maintains an archive of past webinars for on-demand viewing. noor capital markets scores higher overall in education and research.
| Feature | Finmax | noor capital markets |
|---|---|---|
| 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 noor capital markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). noor capital markets uniquely supports PayPal and Skrill and Neteller among the two brokers. noor capital markets scores higher on deposit and withdrawal flexibility.
| Feature | Finmax | noor capital markets |
|---|---|---|
| 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 noor capital markets offer live chat support. Both provide phone support. Email support is available at both brokers. Finmax supports 2 languages and noor capital markets supports 8, giving noor capital markets broader global reach. Both brokers are comparable on support quality.
| Feature | Finmax | noor capital markets |
|---|---|---|
| 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 |