Finmax Alternatives: Pros, Cons, And How It Stacks Up for 2024
This alternatives to Finmax guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to Finmax to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to Finmax like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their users. If you feel that Finmax is not quite right for you then it would be worth getting a demo account with some of the best Finmax alternatives and check if they are a better fit for you before moving any money around.
The most complete guide to Finmax alternatives online
There are many reasons Finmax may not be a good fit for your trading needs. Whatever reason you are hunting for a new Finmax alternative or Finmax competitor with better services, we will always try to give you as much helpful information so you can find what it is you need. Below you will find the top Finmax alternatives.
For each of our alternative to Finmax, we break down the key differences to Finmax and for each section show you the best alternatives. For every Finmax alternative online trading platform listed we also have detailed broker reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with Finmax, let us show you some great alternative brokeragesbrokers|online trading platforms|brokerages.
Using a professional and dependable broker is crucial to your trading success. All of the Finmax alternative platforms we list in this Finmax alternatives guide have good reputations and can fit what you are looking for.
Alternatives With Lower Minimum Deposit
Finmax has a minimum desposit of $0, you should check how the minimum deposit requirements of Finmax compare with the minimum deposits of Finmax competitors. Brokers offer lower minimum deposits to get users to join with them, but having higher a minimum deposit requirement isn’t always a bad thing, it all depends on your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
Finmax |
$0 | |
| freetrade |
$0 | |
| ThinkMarkets |
$0 | |
| Spreadex |
$0 | |
| XTB |
$0 |
Alternatives Offering Virtual Portfolio Accounts
Finmax offers demo accounts so you can learn their systems before risking any real money. Inexperienced traders can open a demo account in order to better understand the aspects of Forex trading and test out some of the company’s features before getting a live account.
Below we show some of the best alternatives to Finmax that have demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
Finmax |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
Finmax doesn't provide negative balance protection. If your balance is negative, Finmax suggests that you contact customer services. Then you are able to correct any imbalances in your own account.
Below we list some of the best alternatives to Finmax that have negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
Finmax |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
Finmax regrettably, does not provide guaranteed stop loss. Finmax gives a chance for its dealers to close their trades in their given price. Aside from that, Finmax doesn't offer guaranteed stop loss.
Below we show some of the best Finmax alternatives that offer guaranteed stop loss available for their customers.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
Finmax |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
Finmax do allow scalping. Several traders across the world choose Finmax due to their services that are trading. They offer trading on MT4,MT5 which let this.
Below we detail some of the top alternatives to Finmax that allow scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
Finmax |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
Finmax do permit hedging. Several traders across the world select Finmax for their large range of services. They offer trading on MT4,MT5.
Below we detail some of the best alternatives to Finmax that allow hedging services to their customer base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
Finmax |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Unfortunately, Finmax does not offer social trading.
Below we detail some of the best alternatives to Finmax that has social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
Finmax |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Regretably, Finmax does not offer copy trading.
Below we show some of the top Finmax alternatives that allow copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
Finmax |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare Finmax To All Other Brokers