B

Finmax

5.6/10

Personal Capital

6.1/10
3/10RegulationWinner5/10
10/10WinnerFees1/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Finmax was founded in 2008 and is headquartered in Bulgaria, while Personal Capital was established in 2008 and is based in USA. Finmax holds licences including Financial Services Authority (FSA), while Personal Capital is regulated by Unregulated among others. Finmax serves 10,000+ clients worldwide; Personal Capital has 10,000+. The minimum deposit is $0 at Finmax and $100000 at Personal Capital.

Personal Capital wins this category
FeatureFinmaxPersonal Capital
Min. Deposit$0$100000
RegulationFinancial Services Authority (FSA)Unregulated
Founded20082008
CountryBulgariaUSA
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Finmax and Personal Capital, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $100000 at Personal Capital). Neither broker charges withdrawal fees. Finmax applies inactivity fees on dormant accounts; Personal Capital does not. Overall, Finmax scores higher on fees in our assessment.

Finmax wins this category
FeatureFinmaxPersonal Capital
Min. Deposit$0$100000
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Finmax offers MT4, MT5, cTrader, while Personal Capital supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Personal Capital supports social and copy trading features, which Finmax does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureFinmaxPersonal Capital
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,MT5Desktop,Android,Tablet,iPhone

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Finmax and Personal Capital compare. Personal Capital runs regular live webinars; Finmax does not. Personal Capital has a video library; Finmax does not. Personal Capital publishes daily market commentary; Finmax does not. Personal Capital integrates third-party research tools (Trading Central, Autochartist); Finmax does not. Personal Capital maintains an archive of past webinars for on-demand viewing. Personal Capital scores higher overall in education and research.

Personal Capital wins this category
FeatureFinmaxPersonal Capital
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

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 Personal Capital supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureFinmaxPersonal Capital
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Finmax and Personal Capital offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureFinmaxPersonal Capital
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese