Boston Merchant Financial Vs AvaTrade

Boston Merchant Financial and AvaTrade in Detail

The Boston Merchant Financial online trading platform gives traders from all over the world access to over 12,000 financial instruments, AvaTrade include over 1,000 available instruments. There are over 90,000+ registered customers that have taken advantage of the Boston Merchant Financial platform.

Boston Merchant Financial are regulated by FSP (Financial Service Provider New Zealand) (328066), Vanuatu Financial Services Commission (40202).

AvaTrade is a renowned Ireland financial trading brokerage established in 2006.

AvaTrade serves customers globally and are regulated by Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA). Depending on the country you are trading from Boston Merchant Financial may serve you from a different business entity to comply with its financial regulators.

AvaTrade is not listed on any stock market, does not disclose its yearly report on its website. This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Financial regulation is the most important thing to consider. Boston Merchant Financial is not listed as a PLC.

AvaTrade is a popular well known financial trading platform serving over 400,000 customers.

Benefits of Boston Merchant Financial and AvaTrade Compared

Below, we will give you a summary of the benefits Boston Merchant Financial and AvaTrade offer side by side.

Boston Merchant Financial offers a minimum deposit of 50 while AvaTrade have a 100 minimum deposit.

Why smaller trading deposits are good and how Boston Merchant Financial and AvaTrade compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either Boston Merchant Financial or AvaTrade. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. Boston Merchant Financial requires a minimum deposit of 50, whereas AvaTrade mandates a minimum deposit of 100. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's Boston Merchant Financial or AvaTrade, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

Boston Merchant Financial allows traders to trade up to 12,000 financial instruments while AvaTrade have around 1,000 on their trading platform.

The more instruments available on Boston Merchant Financial and AvaTrade trading platforms the more potential financial instruments you can buy or sell for your portfolio. 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 seriously do not want to miss out on a trading opportunity due to the limitations of Boston Merchant Financial or AvaTrade.

The Boston Merchant Financial trading platform has 37 stocks listed while AvaTrade has 1,000 stocks listed.

Boston Merchant Financial allows retail traders to trade the following assets Forex on the Boston Merchant Financial MT4, Mobile Apps, iOS (App Store), Android (Google Play), Web, Web Trader trading platforms.

Alternatively AvaTrade allows retail traders to trade Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading on the AvaTrade MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) trading platforms.

Compare Boston Merchant Financial and AvaTrade in more detail below.

Drawbacks of Boston Merchant Financial and AvaTrade Compared

Below we compare what drawbacks Boston Merchant Financial and AvaTrade have side by side.

Various potential downsides can be associated with certain brokers, including Boston Merchant Financial and AvaTrade. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by Boston Merchant Financial compared to AvaTrade. High trading fees and commissions must be factored into your profit loss of each live trade. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of Boston Merchant Financial versus AvaTrade.

Boston Merchant Financial Vs AvaTrade Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with Boston Merchant Financial or AvaTrade. A diversified portfolio with Boston Merchant Financial or AvaTrade can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like Boston Merchant Financial or AvaTrade, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as Boston Merchant Financial and AvaTrade.

Boston Merchant Financial Vs AvaTrade Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both Boston Merchant Financial and AvaTrade, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both Boston Merchant Financial and AvaTrade offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with Boston Merchant Financial or AvaTrade is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with Boston Merchant Financial or AvaTrade could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on Boston Merchant Financial, AvaTrade, and all brokers are subject to regulation.

We compare Boston Merchant Financial vs AvaTrade Crypto options below side by side.

Boston Merchant Financial Vs AvaTrade Commission and Fees

knowing your trading and commission fees with Boston Merchant Financial vs AvaTrade is extremely important. For the majority of the Boston Merchant Financial 12,000 financial instruments and AvaTrade 1,000 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with Boston Merchant Financial and AvaTrade. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with Boston Merchant Financial and AvaTrade before you invest because you must know what you are paying.

You ideally want to choose a broker like Boston Merchant Financial or AvaTrade that does not charge too much for withdrawal fees. High trading fees and commissions must be taken into your profit loss calculations. The fees will be noticeable if you have a low budget and do not intend to invest so much with Boston Merchant Financial or AvaTrade. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential Boston Merchant Financial and AvaTrade fees, of course. Make sure you do your research and check the commission and fees with both Boston Merchant Financial and AvaTrade before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with Boston Merchant Financial or AvaTrade be aware of or 3rd party payment provider fees and currency conversion fees.

Both Boston Merchant Financial and AvaTrade do charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant Boston Merchant Financial and AvaTrade accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your Boston Merchant Financial or AvaTrade account, or choose to close it.

Usually, the associated fees for dormant Boston Merchant Financial or AvaTrade accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live Boston Merchant Financial or AvaTrade trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like Boston Merchant Financial or AvaTrade you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay Boston Merchant Financial or AvaTrade nothing for this. If this is the case, it can be a big problem. Constant deposit fees can potentially add up, so this will take some consideration before you sign up.

Let's see how Boston Merchant Financial vs AvaTrade compare side by side for commissions and fees.

Boston Merchant Financial Vs AvaTrade Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the Boston Merchant Financial and AvaTrade platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an Boston Merchant Financial or AvaTrade demo account.

Boston Merchant Financial Vs AvaTrade Mobile Trading

Trading on your mobile with Boston Merchant Financial and AvaTrade can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and Boston Merchant Financial and AvaTrade mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with Boston Merchant Financial or AvaTrade. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with Boston Merchant Financial or AvaTrade can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with Boston Merchant Financial or AvaTrade is essential. Likewise, if you have an android phone, it's crucial to verify if Boston Merchant Financial or AvaTrade broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if Boston Merchant Financial and AvaTrade have trading apps compatible with your device.

Boston Merchant Financial Vs AvaTrade Trading Account Types Offered

Boston Merchant Financial Vs AvaTrade Demo Account

A demo account with Boston Merchant Financial or AvaTrade is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an Boston Merchant Financial and AvaTrade demo account.

Boston Merchant Financial Vs AvaTrade Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if Boston Merchant Financial or AvaTrade offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

Both Boston Merchant Financial and AvaTrade do offer Micro accounts.

Boston Merchant Financial Vs AvaTrade Standard Account

A standard account is available on Boston Merchant Financial and AvaTrade to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both Boston Merchant Financial and AvaTrade do offer clients Standard accounts.

Boston Merchant Financial Vs AvaTrade MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with Boston Merchant Financial or AvaTrade or alternative.

Boston Merchant Financial does not offer clients MAM accounts, while AvaTrade does offer clients MAM accounts.

Boston Merchant Financial Vs AvaTrade ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with Boston Merchant Financial or AvaTrade or alternative.

Boston Merchant Financial does offer clients ECN accounts, while AvaTrade does not offer clients ECN accounts.

Boston Merchant Financial Vs AvaTrade Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with Boston Merchant Financial or AvaTrade or alternative.

Both Boston Merchant Financial and AvaTrade do offer clients Islamic accounts.

Boston Merchant Financial Vs AvaTrade STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with Boston Merchant Financial or AvaTrade or alternative.

Boston Merchant Financial does offer clients STP accounts, while AvaTrade does not offer clients STP accounts.

Boston Merchant Financial Vs AvaTrade Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

Both Boston Merchant Financial and AvaTrade do not offer clients Managed accounts.

Boston Merchant Financial Vs AvaTrade Withdrawal and Funding Methods

Boston Merchant Financial and AvaTrade have multiple deposit and withdrawal options. Funding and withdrawing from your Boston Merchant Financial and AvaTrade accounts to your chosen payment method should be straightforward. Lets see how Boston Merchant Financial and AvaTrade compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from Boston Merchant Financial or AvaTrade.

Boston Merchant Financial Vs AvaTrade Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of Boston Merchant Financial or AvaTrade support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the Boston Merchant Financial and AvaTrade support is always available when needed. Boston Merchant Financial and AvaTrade customer support is not just useful. broker customer support is crucial to your trading success!

Boston Merchant Financial Vs AvaTrade Live Chat

Live chat is important for several reasons. When you encounter a problem with Boston Merchant Financial or AvaTrade trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

Both Boston Merchant Financial and AvaTrade offer livechat support.

Boston Merchant Financial Vs AvaTrade Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either Boston Merchant Financial or AvaTrade you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the Boston Merchant Financial or AvaTrade support team to answer satisfactorily. Email support with Boston Merchant Financial and AvaTrade will be needed.

Both Boston Merchant Financial and AvaTrade offer email support.

Boston Merchant Financial Vs AvaTrade Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either Boston Merchant Financial or AvaTrade. We can get straight to the point, saving us time and frustration.

Both Boston Merchant Financial and AvaTrade offer phone support.

Lets see how Boston Merchant Financial and AvaTrade customer support compare side by side.

Boston Merchant Financial Vs AvaTrade Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether Boston Merchant Financial and AvaTrade are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that Boston Merchant Financial or AvaTrade have these in place, please be extremely cautious before you proceed with them.

We compare Boston Merchant Financial Vs AvaTrade financial regulation and licensing side by side below.

Boston Merchant Financial Vs AvaTrade Education Resources Compared

We compare Boston Merchant Financial and AvaTrade educational resources below.

Boston Merchant Financial Vs AvaTrade Risk Management Features

When trading with either Boston Merchant Financial or AvaTrade you will want to understand and make full use of all the risk management features on your Boston Merchant Financial or AvaTrade trading platforms.

We compare side by side the trading risk management features offered by Boston Merchant Financial and AvaTrade below.

Boston Merchant Financial Vs AvaTrade Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

Both Boston Merchant Financial and AvaTrade do offer clients hedging.

Boston Merchant Financial Vs AvaTrade Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both Boston Merchant Financial and AvaTrade do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on Boston Merchant Financial or AvaTrade. You must still monitor any live trades and your financial exposure and financial risk.

Boston Merchant Financial Vs AvaTrade Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both Boston Merchant Financial and AvaTrade do offer clients limit orders.

Boston Merchant Financial Vs AvaTrade Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Both Boston Merchant Financial and AvaTrade do offer clients negative balance protection.

Boston Merchant Financial Vs AvaTrade Verdict

We hope this Boston Merchant Financial Vs AvaTrade guide has helped you decide who is best to trade with out of Boston Merchant Financial and AvaTrade.

When choosing a broker like Boston Merchant Financial or AvaTrade for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with Boston Merchant Financial or AvaTrade are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as Boston Merchant Financial or AvaTrade, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with Boston Merchant Financial or AvaTrade.

Also, before you sign up with online brokers like Boston Merchant Financial or AvaTrade, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with Boston Merchant Financial or AvaTrade before investing money into something.

Beware of the risks that come with trading with Boston Merchant Financial or AvaTrade. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all Boston Merchant Financial and AvaTrade educational resources and financial research tools. If you are new to trading, sign up for a demo account with Boston Merchant Financial and AvaTrade to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using Boston Merchant Financial or AvaTrade will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if Boston Merchant Financial and AvaTrade fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with Boston Merchant Financial or AvaTrade if your investment strategy is more long-term.

Boston Merchant Financial and AvaTrade Alternatives

If Boston Merchant Financial and AvaTrade are not what you are not quite what you are looking for we list some of the best Boston Merchant Financial and AvaTrade alternatives below.

Other Boston Merchant Financial and AvaTrade Vs Comparisons

If you are still looking for an alternative to Boston Merchant Financial and AvaTrade and want to see how Boston Merchant Financial or AvaTrade compares Vs other brokers check out the Boston Merchant Financial Vs and AvaTrade Vs list below.

Boston Merchant Financial Vs Alternatives

Still not happy have a look at some of our alternative Boston Merchant Financial Vs side by side comparisons below

• Boston Merchant Financial vs IC Markets
• Boston Merchant Financial vs Roboforex
• Boston Merchant Financial vs eToro
• Boston Merchant Financial vs XTB
• Boston Merchant Financial vs XM
• Boston Merchant Financial vs Pepperstone
• Boston Merchant Financial vs AvaTrade
• Boston Merchant Financial vs FP Markets
• Boston Merchant Financial vs easyMarkets
• Boston Merchant Financial vs SpreadEx

AvaTrade Vs Alternatives

Still not happy have a look at some of our alternative Boston Merchant Financial Vs side by side comparisons below

• AvaTrade vs IC Markets
• AvaTrade vs Roboforex
• AvaTrade vs eToro
• AvaTrade vs XTB
• AvaTrade vs XM
• AvaTrade vs Pepperstone
• AvaTrade vs FP Markets
• AvaTrade vs easyMarkets
• AvaTrade vs SpreadEx
• AvaTrade vs FxPro

Boston Merchant Financial Vs AvaTrade Frequently Asked Questions

We answer some of the most frequently asked Boston Merchant Financial Vs AvaTrade questions below.

Is Boston Merchant Financial any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is Boston Merchant Financial legit? - Boston Merchant Financial are regulated by FSP (Financial Service Provider New Zealand) (328066), Vanuatu Financial Services Commission (40202) and have been in business since 1988

Is AvaTrade any Good?

AvaTrade are regulated by Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) and have been in business since 2006.

Which is better Boston Merchant Financial or AvaTrade?

Boston Merchant Financial does not have a high rating, while AvaTrade does not have a high rating.

Is Boston Merchant Financial a con?

Boston Merchant Financial is regulated by FSP (Financial Service Provider New Zealand) (328066), Vanuatu Financial Services Commission (40202) and have been in business since 1988. We recommend looking at a Boston Merchant Financial alternative that has more financial regulation.

Is AvaTrade a con?

AvaTrade is regulated by Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) and have been in business since 2006. We recommend looking at a AvaTrade alternative that has more financial regulation.

What happens if Boston Merchant Financial or AvaTrade go bust?

Boston Merchant Financial and AvaTrade are regulated, which means that as part of their regulatory obligations Boston Merchant Financial and AvaTrade have to offer a certain level of financial protection to their clients. Boston Merchant Financial and AvaTrade should by law keep client funds separate from Boston Merchant Financial and AvaTrade funds. If either Boston Merchant Financial or AvaTrade goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the Boston Merchant Financial and AvaTrade websites and regulators.

Are Boston Merchant Financial or AvaTrade good for beginners?

Boston Merchant Financial and AvaTrade offer low deposits and access to a selection of market insights and news resources. Both Boston Merchant Financial and AvaTrade offer demo accounts. Demo trading accounts are a big plus for Boston Merchant Financial and AvaTrade as it shows they are interested in their customers.