B

Finpro

5.6/10

speedtrader

7.9/10
3/10RegulationWinner10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Finpro was founded in 2008 and is headquartered in GRENADINES, while speedtrader was established in 2017 and is based in Netherlands. Finpro holds licences including Unregulated, while speedtrader is regulated by Financial Conduct Authority (FCA) among others. Finpro serves 10,000+ clients worldwide; speedtrader has 3,500,000+. The minimum deposit is $0 at Finpro and $250 at speedtrader.

speedtrader wins this category
FeatureFinprospeedtrader
Min. Deposit$0$250
RegulationUnregulatedFinancial 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-F308
Founded20082017
CountryGRENADINESNetherlands
Clients10,000+3,500,000+

Fees

Fees are a critical factor when choosing between Finpro and speedtrader, directly affecting your bottom line as a trader. Finpro has a lower barrier to entry with a minimum deposit of $0 (vs $250 at speedtrader). Neither broker charges withdrawal fees. Finpro applies inactivity fees on dormant accounts; speedtrader does not. speedtrader charges deposit fees; Finpro does not. Overall, Finpro scores higher on fees in our assessment.

Finpro wins this category
FeatureFinprospeedtrader
Min. Deposit$0$250
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

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

Tied
FeatureFinprospeedtrader
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4MT4, 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 Finpro and speedtrader compare. speedtrader runs regular live webinars; Finpro does not. speedtrader has a video library; Finpro does not. speedtrader publishes daily market commentary; Finpro does not. speedtrader integrates third-party research tools (Trading Central, Autochartist); Finpro does not. speedtrader maintains an archive of past webinars for on-demand viewing. speedtrader scores higher overall in education and research.

speedtrader wins this category
FeatureFinprospeedtrader
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. Finpro accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while speedtrader supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). speedtrader uniquely supports PayPal and Skrill and Neteller among the two brokers. speedtrader scores higher on deposit and withdrawal flexibility.

speedtrader wins this category
FeatureFinprospeedtrader
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Finpro and speedtrader offer live chat support. Both provide phone support. Email support is available at both brokers. Finpro supports 2 languages and speedtrader supports 8, giving speedtrader broader global reach. Both brokers are comparable on support quality.

Tied
FeatureFinprospeedtrader
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic