Compare Maxco Vs Finex: Which is the Better Forex Broker in 2024?
Maxco Vs Finex, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Maxco Vs Finex, here is the direct comparison:
Compare | Maxco | Finex |
General Rating |
1.00/5 |
1.00/5 |
Score | ||
Trustpilot | ||
πΌ Regulation | ||
β Info | ||
β Established | 1990 | 2012 |
π² Min Deposit | $100 | $10 |
β Max Leverage | 1:400 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $1 per lot | $1 |
π‘ Min Position | 0.1 lot | 0.01 lot |
π³ Payment | Bank Transfer | Bank Transfer (Indonesian local banks - BCA, CIMB Niaga, Mandiri and BNI) |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | Indonesia |
πͺ Trade Now | Open Maxco | Open Finex |
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Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, Maxco provides their pricing with Variable spread while Finex offers Variable spread.
Maxco vs Finex: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, Maxco enables trading with MetaTrader 4. The offer is supported with . In comparison, Finex provides trading with MetaTrader 5 with the support of Trailing stop.
Is Maxco or Finex better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, Maxco supports trading with Forex, Gold, Silver, Stock, while Finex presents the ability of trading with Forex, Gold, Oil, Indices, Stocks.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to Maxco and Finex:
- Compare Maxco vs FXOpen
- Compare Maxco vs HF Markets
- Compare Maxco vs FP Markets
- Compare Finex vs MTrading
- Compare Finex vs Markets4you
- Compare Finex vs RoboForex
For more comparisons, visit this page.