Finmax
taylor collison limited
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Overview
Finmax was founded in 2008 and is headquartered in Bulgaria, while taylor collison limited was established in 2015 and is based in Cyprus. Finmax holds licences including Financial Services Authority (FSA), while taylor collison limited is regulated by Financial Conduct Authority (FCA) among others. Finmax serves 10,000+ clients worldwide; taylor collison limited has 30,000+. The minimum deposit is $0 at Finmax and $250 at taylor collison limited.
| Feature | Finmax | taylor collison 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-F318 |
| Founded | 2008 | 2015 |
| Country | Bulgaria | Cyprus |
| Clients | 10,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between Finmax and taylor collison 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 taylor collison limited). Neither broker charges withdrawal fees. Finmax applies inactivity fees on dormant accounts; taylor collison limited does not. Overall, Finmax scores higher on fees in our assessment.
| Feature | Finmax | taylor collison limited |
|---|---|---|
| Min. Deposit | $0 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Finmax offers MT4, MT5, cTrader, while taylor collison limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. taylor collison limited supports social and copy trading features, which Finmax does not offer. The two brokers are closely matched on platform offering.
| Feature | Finmax | taylor collison 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 taylor collison limited compare. taylor collison limited runs regular live webinars; Finmax does not. taylor collison limited has a video library; Finmax does not. taylor collison limited publishes daily market commentary; Finmax does not. taylor collison limited integrates third-party research tools (Trading Central, Autochartist); Finmax does not. taylor collison limited maintains an archive of past webinars for on-demand viewing. taylor collison limited scores higher overall in education and research.
| Feature | Finmax | taylor collison limited |
|---|---|---|
| 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 taylor collison limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). taylor collison limited uniquely supports PayPal and Skrill and Neteller among the two brokers. taylor collison limited scores higher on deposit and withdrawal flexibility.
| Feature | Finmax | taylor collison 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 taylor collison limited offer live chat support. Both provide phone support. Email support is available at both brokers. Finmax supports 2 languages and taylor collison limited supports 8, giving taylor collison limited broader global reach. Both brokers are comparable on support quality.
| Feature | Finmax | taylor collison 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 |