Finmax vs Interactive Investor, Who's Better?
Finmax Rating
|
Interactive Investor Rating
|
Your capital is at risk |
Losses can exceed deposits |
Finmax vs Interactive Investor Guide |
Read our In-Depth Finmax vs Interactive Investor Review - for 2024
Our Finmax vs Interactive Investor review has been revised for 2024 by knowledgeable insiders with significant expertise in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of Finmax vs Interactive Investor does not apply to all countries as follows:
Finmax Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Interactive Investor Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Finmax vs Interactive Investor
All trading platforms feature certain pros and cons, so a complete review of Finmax and Interactive Investor would not be regarded as thorough without adopting a balanced approach.
Compare Finmax and Interactive Investor to understand the way these platforms line up to each other before you open an account. A comparative analysis can bring aspects in perspective in order that you're aware of what you should anticipate.
So you are looking for an online trading platform and are choosing between Finmax or Interactive Investor. Who is better in 2024?
Our Finmax vs Interactive Investor comparison contains the most recent information so you can easily compare Interactive Investor against Finmax.
If you're a new entrant in the realm of trading and brokerages, so many nuances will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You'll acquire adept at all of the concepts of brokerage as you continue trading. For starters, you have to choose the ideal broker who will be transparent with you always.
In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment program has the potential to create hefty returns. Finmax and Interactive Investor are just two such stages which will take you and your investment to great heights. It's important to compare Finmax vs Interactive Investor before you trust them with your cash.
Our Finmax vs Interactive Investor comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Finmax and Interactive Investor side by side.
Our full Finmax vs Interactive Investor Review covers everything you will need to learn about trading using either Finmax or Interactive Investor. A fantastic agent can multiply your first investments and give you positive profits. If you want to make profits, you should trade with a broker service that contrasts with your investing goals.
There is no sure-fire way to ensure profits; therefore, you must carefully assess your broker before you choose them. It's a common misconception that all agents will be the same, but that's not true. Wrong judgment, in the beginning, can set your investments in danger.
Finmax and Interactive Investor are both brokers that have forged their way successfully to the broker world. Within this review, we have tried to collate a number of the important facets of both Finmax and Interactive Investor. This review will help you to know whether either Interactive Investor or Finmax is a fantastic fit for your own investments or not. We have tried to breakdown all of the features and fees for your advantage.
Benefits of Finmax and Interactive Investor Compared
Finmax has a minimum deposit of $0 while Interactive Investor has a $1 minimum deposit.
Why smaller minimum deposits are good and how Finmax and Interactive Investor compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Finmax allows you to trade around 99 financial instruments whilst Interactive Investor allows you to trade around 99 available.
The more financial instruments you can trade on the Finmax and Interactive Investor trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of Finmax or Interactive Investor.
Finmax and Interactive Investor Contact Details
Being able to contact a broker through many ways is important. Finmax and Interactive Investor have the following contact details and social medias that you can use.
Broker | Finmax | Interactive Investor |
---|---|---|
Telephone Number | ||
Address | ||
Finmax Twitter Account | Interactive Investor Twitter Account | |
Finmax Facebook Page | Interactive Investor Facebook Page | |
Finmax Instagram Account | Interactive Investor Instagram Account | |
Finmax LinkedIn Page | Interactive Investor LinkedIn Page | |
YouTube | Finmax YouTube Channel | Interactive Investor YouTube Channel |
Find Out More |
|
|
Interactive Investor and Finmax Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing Finmax and Interactive Investor will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
Finmax vs Interactive Investor - Awards
Finmax vs Interactive Investor - Frequently Asked Questions
Finmax vs Interactive Investor - Headquarters And Year Of Founding
Finmax was founded in 2008 and has its headquaters in Bulgaria.
Interactive Investor was founded in 1995 and has its head office in UK.
What is the minimum deposit for Interactive Investor or Finmax
The minimum deposit for Finmax is $0.
The minimum deposit for Interactive Investor is $1.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Finmax and Interactive Investor are a good option.
Finmax vs Interactive Investor - Regulation And Licencing In More Detail
Finmax is regulated by Financial Services Authority (FSA).
Interactive Investor is regulated by Financial Conduct Authority (FCA).
Both Finmax and Interactive Investor have a powerful set of rules for ensuring honest trading on their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their individual privacy policies, client information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Finmax vs Interactive Investor Commission And Fees
Finmax and Interactive Investor are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled better. In other words, an internet broker is not necessarily affected by the amount of customers they have.
But this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily 3 types of penalties for this purpose.
The first sort of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In these instances, you are spending a spread, financing rate, or even a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are those who are billed when you maintain a leveraged position for more than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake in your accounts. They're charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither Finmax or Interactive Investor charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who regularly trade, such as weekly or daily trading.
However, non-trading fees billed by Finmax and Interactive Investor are comparatively competitive. As a result, you are charged more for non-trading actions on your trading account, such as withdrawal and deposits. These are not related to the purchase and sale of assets.
This Finmax vs Interactive Investor review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For Finmax And Interactive Investor
What Languages Do Finmax And Interactive Investor Support?
Being able to chat completely with your online broker is a key element when comparing brokers to find the best trading partner. Not only for support but to be sure you understand everything on their site and inside their application as it is a key factor to success when trading forex.
Below you can find the languages that both Finmax and Interactive Investor support.
Broker | Finmax | Interactive Investor |
---|---|---|
Languages Supported | English, and Chinese | English, and Chinese |
Find Out More |
|
|
How Many Clients Do Finmax and Interactive Investor Have?
Both Finmax and Interactive Investor are well established with their client base. It is really important to work with a broker that is professional and one of the easiest ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many users Finmax and Interactive Investor are active on their platform
Broker | Finmax | Interactive Investor |
---|---|---|
Clients / Users | 10,000+ | 10,000+ |
Find Out More |
|
|
What Payment Methods Do Finmax and Interactive Investor Accept?
Finmax and Interactive Investor both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Finmax and Interactive Investor
What Can You Trade With Finmax and Interactive Investor?
Finmax offers 99 trading instruments whilst Interactive Investor offers 100.
Below you will find a full breakdown of what both Finmax and Interactive Investor offer.
Finmax Review
Finmax vs Interactive Investor:
Table Of Contents
- Compare Finmax vs Interactive Investor
- Benefits of Finmax and Interactive Investor Compared
- Interactive Investor and Finmax Mobile App Comparison
- Finmax vs Interactive Investor - Awards
- Finmax vs Interactive Investor - Frequently Asked Questions
- What is the minimum deposit for Interactive Investor or Finmax
- Finmax vs Interactive Investor - Regulation And Licencing In More Detail
- Compare Broker Fees For Finmax And Interactive Investor
- What Languages Do Finmax And Interactive Investor Support?
- How Many Clients Do Finmax and Interactive Investor Have?
- What Payment Methods Do Finmax and Interactive Investor Accept?
- What Can You Trade With Finmax and Interactive Investor?