Finmax
shaw and partners limited
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Overview
Finmax was founded in 2008 and is headquartered in Bulgaria, while shaw and partners limited was established in 2014 and is based in Switzerland. Finmax holds licences including Financial Services Authority (FSA), while shaw and partners limited is regulated by Financial Conduct Authority (FCA) among others. Finmax serves 10,000+ clients worldwide; shaw and partners limited has 250,000+. The minimum deposit is $0 at Finmax and $250 at shaw and partners limited.
| Feature | Finmax | shaw and partners limited |
|---|---|---|
| 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-F305 |
| Founded | 2008 | 2014 |
| Country | Bulgaria | Switzerland |
| Clients | 10,000+ | 250,000+ |
Fees
Fees are a critical factor when choosing between Finmax and shaw and partners limited, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $250 at shaw and partners limited). 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 | shaw and partners limited |
|---|---|---|
| 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 shaw and partners limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. shaw and partners limited supports social and copy trading features, which Finmax does not offer. The two brokers are closely matched on platform offering.
| Feature | Finmax | shaw and partners limited |
|---|---|---|
| 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 shaw and partners limited compare. shaw and partners limited has a video library; Finmax does not. shaw and partners limited integrates third-party research tools (Autochartist); Finmax does not. shaw and partners limited scores higher overall in education and research.
| Feature | Finmax | shaw and partners limited |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| 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 shaw and partners limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). shaw and partners limited uniquely supports PayPal and Skrill and Neteller among the two brokers. shaw and partners limited scores higher on deposit and withdrawal flexibility.
| Feature | Finmax | shaw and partners limited |
|---|---|---|
| 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 shaw and partners limited offer live chat support. Both provide phone support. Email support is available at both brokers. Finmax supports 2 languages and shaw and partners limited supports 8, giving shaw and partners limited broader global reach. Both brokers are comparable on support quality.
| Feature | Finmax | shaw and partners limited |
|---|---|---|
| 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 |