easyMarkets vs Boston Merchant Financial, Who's Better?
Charles Seymour
Last Updated: 08-Sep-2024
Read our In-Depth easyMarkets vs Boston Merchant Financial Review - Updated for 2024
Our review comparing easyMarkets and Boston Merchant Financial has been refreshed for 2024 from knowledgeable insiders with considerable expertise across Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of easyMarkets vs Boston Merchant Financial does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
Boston Merchant Financial Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs Boston Merchant Financial
All platforms for online trading will have a few pros and cons, and a complete analysis of easyMarkets vs Boston Merchant Financial would not be complete without having a balanced approach.
Compare Boston Merchant Financial and easyMarkets in order to understand the way these platforms line up against one another prior to you decide to create an account. Performing a comparative analysis can place factors in perspective so that you're aware of the expectations.
So you are looking for a professional broker and are choosing between easyMarkets or Boston Merchant Financial. Who is better in 2024?
Our easyMarkets vs Boston Merchant Financial comparison contains the latest information so you can easily compare Boston Merchant Financial against easyMarkets.
If you are a new entrant in the realm of trading and brokers, so many nuances will be perplexing for you. Getting into the world of trading requires expert analyzing skills and comprehensive understanding. You'll acquire proficient at all of the concepts of brokerage since you keep trading. For starters, you need to select the right agent who'll be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment program has the potential to create hefty returns. easyMarkets and Boston Merchant Financial are just two such companies that will take you and your investment to great heights. It's crucial that you compare easyMarkets vs Boston Merchant Financial until you trust them with your cash.
Our easyMarkets vs Boston Merchant Financial comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and Boston Merchant Financial side by side.
Our entire easyMarkets vs Boston Merchant Financial Review covers everything you need to know about trading with either easyMarkets or Boston Merchant Financial. A good agent can multiply your initial investments and provide you positive profits. If you would like to make profits, you must trade with a broker service that contrasts with your investment goals.
There is no sure-fire way to ensure profits; therefore, you must carefully analyze your agent before you select them. It's a common misconception that all agents will be the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
easyMarkets and Boston Merchant Financial are both brokers which have found their way successfully into the brokerage world. Within this review, we have attempted to collate some of the vital facets of both easyMarkets and Boston Merchant Financial. This review will allow you to know whether either Boston Merchant Financial or easyMarkets is a good match for your investments or not. We've tried to breakdown all of the features and charges for your advantage.
Benefits of easyMarkets and Boston Merchant Financial Compared
easyMarkets offers a minimum deposit of $100 while Boston Merchant Financial offers a $50 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and Boston Merchant Financial 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.
easyMarkets has around 200 financial instruments while Boston Merchant Financial has around 200 financial instruments available.
The more financial instruments you can trade on the easyMarkets and Boston Merchant Financial 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 easyMarkets or Boston Merchant Financial.
easyMarkets and Boston Merchant Financial Contact Details
Being able to contact your broker through many ways is vital. easyMarkets and Boston Merchant Financial have the following contact details and social medias that you can use.
Broker | easyMarkets | Boston Merchant Financial |
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Telephone Number | +357 25 828 899 | |
support@easymarkets.com | ||
Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | |
easyMarkets Twitter Account | Boston Merchant Financial Twitter Account | |
easyMarkets Facebook Page | Boston Merchant Financial Facebook Page | |
easyMarkets Instagram Account | Boston Merchant Financial Instagram Account | |
easyMarkets LinkedIn Page | Boston Merchant Financial LinkedIn Page | |
YouTube | easyMarkets YouTube Channel | Boston Merchant Financial YouTube Channel |
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Boston Merchant Financial and easyMarkets 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 easyMarkets and Boston Merchant Financial will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
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?
easyMarkets vs Boston Merchant Financial - Awards
Broker | easyMarkets | Boston Merchant Financial |
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Awards |
easyMarkets have won a lot of industry awards over the years they have been running as an online broker. We detail the most recognised awards for easyMarkets below.
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At the time of writing this Boston Merchant Financial review, and despite Boston Merchant Financial’s impressive offering, the company has surprisingly not garnered any awards to date. |
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easyMarkets vs Boston Merchant Financial - Frequently Asked Questions
easyMarkets vs Boston Merchant Financial - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
Boston Merchant Financial was founded in 1988 and has its head office in Dubai.
What is the minimum deposit for Boston Merchant Financial or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for Boston Merchant Financial is $50.
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 easyMarkets and Boston Merchant Financial are a good option.
easyMarkets vs Boston Merchant Financial - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Boston Merchant Financial is regulated by Australian Securities and Investment Commission (ASIC).
Both easyMarkets and Boston Merchant Financial have a strong collection of rules for ensuring honest trading on their individual platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with 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 easyMarkets vs Boston Merchant Financial Commission And Fees
easyMarkets and Boston Merchant Financial are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled much better. That is, an online broker isn't necessarily affected by the number of clients they have.
But this doesn't 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 penalties for this objective.
The first kind of charges to keep an eye out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you're spending a spread, financing rate, or 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 other hand, a spread refers to the gap between the buying and selling price. Financing or overnight rates are people who are billed when you maintain a leveraged position for longer than a day.
Aside from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake in your account. They're billed for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither easyMarkets or Boston Merchant Financial charge high fees in comparison to other online agents. For operations other brokers fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who regularly exchange, such as weekly or daily trading.
However, non-trading fees billed by easyMarkets and Boston Merchant Financial are relatively lower. As a result, you're charged more for non-trading actions on your trading accounts, like deposits and withdrawal. These aren't related to the purchase and sale of assets.
This easyMarkets vs Boston Merchant Financial review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For easyMarkets And Boston Merchant Financial
What Languages Do easyMarkets And Boston Merchant Financial Support?
Being able to chat completely with your trading platform is a key element when comparing brokers to find your perfect broker. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading online.
Here you will find all the languages that both easyMarkets and Boston Merchant Financial offer communication in.
How Many Clients Do easyMarkets and Boston Merchant Financial Have?
Both easyMarkets and Boston Merchant Financial are well established with their client base. It is really important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many clients easyMarkets and Boston Merchant Financial are active on their platform
Broker | easyMarkets | Boston Merchant Financial |
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Clients / Users | 142,500+ | 10,000+ |
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What Payment Methods Do easyMarkets and Boston Merchant Financial Accept?
easyMarkets and Boston Merchant Financial 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 easyMarkets and Boston Merchant Financial
What Can You Trade With easyMarkets and Boston Merchant Financial?
easyMarkets offers 200 trading instruments while Boston Merchant Financial offers 100.
Below you will find a full breakdown of what both easyMarkets and Boston Merchant Financial offer.
easyMarkets Review
easyMarkets vs Boston Merchant Financial:
Table Of Contents
- Compare easyMarkets vs Boston Merchant Financial
- Benefits of easyMarkets and Boston Merchant Financial Compared
- Boston Merchant Financial and easyMarkets Mobile App Comparison
- easyMarkets vs Boston Merchant Financial - Awards
- easyMarkets vs Boston Merchant Financial - Frequently Asked Questions
- What is the minimum deposit for Boston Merchant Financial or easyMarkets
- easyMarkets vs Boston Merchant Financial - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And Boston Merchant Financial
- What Languages Do easyMarkets And Boston Merchant Financial Support?
- How Many Clients Do easyMarkets and Boston Merchant Financial Have?
- What Payment Methods Do easyMarkets and Boston Merchant Financial Accept?
- What Can You Trade With easyMarkets and Boston Merchant Financial?