Finmax
Wilsons Advisory And Stockbroking
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Overview
Finmax was founded in 2008 and is headquartered in Bulgaria, while Wilsons Advisory And Stockbroking was established in 2008 and is based in Australia. Finmax holds licences including Financial Services Authority (FSA), while Wilsons Advisory And Stockbroking is regulated by Unregulated among others. Finmax serves 10,000+ clients worldwide; Wilsons Advisory And Stockbroking has 10,000+. The minimum deposit is $0 at Finmax and $100 at Wilsons Advisory And Stockbroking.
| Feature | Finmax | Wilsons Advisory And Stockbroking |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Financial Services Authority (FSA) | Unregulated |
| Founded | 2008 | 2008 |
| Country | Bulgaria | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Finmax and Wilsons Advisory And Stockbroking, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Wilsons Advisory And Stockbroking). Wilsons Advisory And Stockbroking charges withdrawal fees while Finmax does not, giving Finmax an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Wilsons Advisory And Stockbroking charges deposit fees; Finmax does not. Overall, Finmax scores higher on fees in our assessment.
| Feature | Finmax | Wilsons Advisory And Stockbroking |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Finmax offers MT4, MT5, cTrader, while Wilsons Advisory And Stockbroking supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Finmax | Wilsons Advisory And Stockbroking |
|---|---|---|
| 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 | Metatrader 4 - desktop, iOS and Android versions available. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Finmax and Wilsons Advisory And Stockbroking compare. Wilsons Advisory And Stockbroking has a video library; Finmax does not. Wilsons Advisory And Stockbroking integrates third-party research tools (Autochartist); Finmax does not. Wilsons Advisory And Stockbroking scores higher overall in education and research.
| Feature | Finmax | Wilsons Advisory And Stockbroking |
|---|---|---|
| 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 Wilsons Advisory And Stockbroking supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Finmax | Wilsons Advisory And Stockbroking |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Finmax and Wilsons Advisory And Stockbroking 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.
| Feature | Finmax | Wilsons Advisory And Stockbroking |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |