eToro vs Finmax, Who's Better?
Read our In-Depth eToro vs Finmax Review - Updated for 2025
This review comparing eToro and Finmax has been updated to reflect any changes for 2025 by industry experts with extensive expertise across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of eToro vs Finmax does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
Finmax Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs Finmax
Each trading platforms has some ups and downs, so a complete review of eToro and Finmax should not be complete without having a balanced approach.
Compare eToro and Finmax to understand just how they stack up against one another before you decide to create an account. Performing a side-by-side comparison can put things in perspective in order that you remain informed about what you should anticipate.
So you are looking for an online trading platform and are choosing between eToro or Finmax. Which one is best in 2025?
Our eToro vs Finmax comparison contains the most recent information so you can easily compare Finmax against eToro.
If you are a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough understanding. You will acquire proficient at all the concepts of broker as you continue trading. For starters, you have to choose the ideal broker who'll be clear with you always.
In this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to create hefty returns. eToro and Finmax are two such platforms that will take you along with your investment to great heights. It is important to compare eToro vs Finmax until you trust them with your money.
Our eToro vs Finmax comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and Finmax side by side.
Our full eToro vs Finmax Review covers all you need to learn about trading using either eToro or Finmax. A fantastic agent can multiply your first investments and give you favorable profits. If you want to earn profits, you should trade with a broker service that contrasts with your investing goals.
There is no sure-fire method to guarantee profits; thus, you must carefully analyze your broker before you choose them. It is a common misconception that all agents will be the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.
eToro and Finmax are both brokers which have paved their way successfully into the brokerage world. In this review, we've tried to collate some of the vital facets of both eToro and Finmax. This review will help you to understand whether either Finmax or eToro is a fantastic match for your own investments or not. We've attempted to breakdown all the features and charges for your advantage.
Benefits of eToro and Finmax Compared
eToro has a minimum deposit of $50 while Finmax has a $0 minimum deposit.
Why smaller minimum deposits are good and how eToro and Finmax 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.
eToro allows you to trade around 100 financial instruments while Finmax has around 100 on their platform.
The more instruments you can trade on the eToro and Finmax 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 should never want to miss out on a trading opportunity due to the limitations of eToro or Finmax.
eToro and Finmax Contact Details
Being able to contact your broker through many ways is important. eToro and Finmax have the following contact details and social medias that you can use.
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Broker | eToro | Finmax |
Telephone Number | ||
support@etoro.com | ||
Address | 24th floor, One Canada Square, Canary Wharf, London, E14 5AB | |
eToro Twitter Account | Finmax Twitter Account | |
eToro Facebook Page | Finmax Facebook Page | |
eToro Instagram Account | Finmax Instagram Account | |
eToro LinkedIn Page | Finmax LinkedIn Page | |
YouTube | eToro YouTube Channel | Finmax YouTube Channel |
Find Out More |
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Finmax and eToro Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of eToro and Finmax we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start 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?
eToro vs Finmax - Awards
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Broker | eToro | Finmax |
Awards |
eToro have won several industry awards over the years they have been operating as a financial broker. We show the most notable awards for eToro here.
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At the time of writing this Finmax review, and despite Finmax’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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eToro vs Finmax - Frequently Asked Questions
eToro vs Finmax - Headquarters And Year Of Founding
eToro was founded in 2007 and has its headquaters in Cyprus, UK.
Finmax was founded in 2008 and has its headquaters in Bulgaria.
What is the minimum deposit for Finmax or eToro
The minimum deposit for eToro is $50.
The minimum deposit for Finmax is $0.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both eToro and Finmax are a good choice.
eToro vs Finmax - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
Finmax is regulated by Financial Services Authority (FSA).
Both eToro and Finmax have a strong set of rules for ensuring honest trading onto their platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare eToro vs Finmax Commission And Fees
eToro and Finmax are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the amount of customers they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 different types of fees for this purpose.
The first kind of fees to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In such instances, you are spending a spread, funding speed, or a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight prices are those who are charged when you hold a leveraged position for more than daily.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake in your account. They're charged for surgeries like depositing money, not trading for long periods, or withdrawals.
Generally, neither eToro or Finmax charge high fees in comparison to other online agents. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who regularly trade, for example weekly or daily trading.
But, non-trading fees charged by eToro and Finmax are relatively higher. Consequently, you are charged more for non-trading activities in your trading account, such as deposits and withdrawal. These aren't related to the purchase and sale of resources.
This eToro vs Finmax review for 2025 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For eToro And Finmax
What Languages Do eToro And Finmax Support?
Being able to talk easily with your online broker is a key part of comparing online brokers to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key factor to success when trading forex.
Here you can find the languages that both eToro and Finmax support.
How Many Clients Do eToro and Finmax Have?
Both eToro and Finmax are well established with their client base. It is really important to work with a broker you can trust 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 clients eToro and Finmax are working with
What Payment Methods Do eToro and Finmax Accept?
eToro and Finmax 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 eToro and Finmax
What Can You Trade With eToro and Finmax?
eToro offers 100 trading instruments and Finmax offers 99.
Below you will find a full breakdown of what both eToro and Finmax offer.
eToro Review
eToro vs Finmax:
Table Of Contents
- Compare eToro vs Finmax
- Benefits of eToro and Finmax Compared
- Finmax and eToro Mobile App Comparison
- eToro vs Finmax - Awards
- eToro vs Finmax - Frequently Asked Questions
- What is the minimum deposit for Finmax or eToro
- eToro vs Finmax - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And Finmax
- What Languages Do eToro And Finmax Support?
- How Many Clients Do eToro and Finmax Have?
- What Payment Methods Do eToro and Finmax Accept?
- What Can You Trade With eToro and Finmax?