B

Finmax

5.6/10
Windsor Brokers logo

Windsor Brokers

7.2/10
3/10RegulationWinner7/10
10/10WinnerFees8/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Finmax was founded in 2008 and is headquartered in Bulgaria, while Windsor Brokers was established in 2005 and is based in Cyprus. Finmax holds licences including Financial Services Authority (FSA), while Windsor Brokers is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Finmax serves 10,000+ clients worldwide; Windsor Brokers has 10,000+. The minimum deposit is $0 at Finmax and $100 at Windsor Brokers.

Windsor Brokers wins this category
FeatureFinmaxWindsor Brokers
Min. Deposit$0$100
RegulationFinancial Services Authority (FSA)Cyprus Securities and Exchange Commission (CySEC)
Founded20082005
CountryBulgariaCyprus
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Finmax and Windsor Brokers, directly affecting your bottom line as a trader. Finmax has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Windsor Brokers). Neither broker charges withdrawal fees. Finmax applies inactivity fees on dormant accounts; Windsor Brokers does not. Overall, Finmax scores higher on fees in our assessment.

Finmax wins this category
FeatureFinmaxWindsor Brokers
Min. Deposit$0$100
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoNo
CFD FeesNoYes

Platforms

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

Tied
FeatureFinmaxWindsor Brokers
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,MT5MT4, Mirror Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Finmax and Windsor Brokers compare. Windsor Brokers has a video library; Finmax does not. Windsor Brokers integrates third-party research tools (Autochartist); Finmax does not. Windsor Brokers scores higher overall in education and research.

Windsor Brokers wins this category
FeatureFinmaxWindsor Brokers
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
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 Windsor Brokers supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureFinmaxWindsor Brokers
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 Windsor Brokers 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
FeatureFinmaxWindsor Brokers
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese