B

Finpro

5.6/10
Westpac logo

Westpac

8.8/10
3/10RegulationWinner9/10
10/10FeesTied10/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Finpro was founded in 2008 and is headquartered in GRENADINES, while Westpac was established in 2008 and is based in Austrailia. Finpro holds licences including Unregulated, while Westpac is regulated by Financial Conduct Authority (FCA) among others. Finpro serves 10,000+ clients worldwide; Westpac has 10,000+. The minimum deposit is $0 at Finpro and $50 at Westpac.

Westpac wins this category
FeatureFinproWestpac
Min. Deposit$0$50
RegulationUnregulatedFinancial Conduct Authority (FCA), Prudential Regulation Authority (PRA)
Founded20082008
CountryGRENADINESAustrailia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Finpro and Westpac, directly affecting your bottom line as a trader. Finpro has a lower barrier to entry with a minimum deposit of $0 (vs $50 at Westpac). Neither broker charges withdrawal fees. Finpro applies inactivity fees on dormant accounts; Westpac does not. Westpac charges deposit fees; Finpro does not. The two brokers are broadly comparable on fee structure.

Tied
FeatureFinproWestpac
Min. Deposit$0$50
Withdrawal FeesNoNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoNo

Platforms

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

Tied
FeatureFinproWestpac
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4Desktop,Mac,iPhone,Android,WEB

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Finpro and Westpac compare. Westpac runs regular live webinars; Finpro does not. Westpac has a video library; Finpro does not. Westpac publishes daily market commentary; Finpro does not. Westpac integrates third-party research tools (Trading Central, Autochartist); Finpro does not. Westpac maintains an archive of past webinars for on-demand viewing. Westpac scores higher overall in education and research.

Westpac wins this category
FeatureFinproWestpac
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 Westpac supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureFinproWestpac
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 Finpro and Westpac 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
FeatureFinproWestpac
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese