FiNMAX Review

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83%/ 100

FiNMAX Review

Overview

FiNMAX is a broker offering online trading in binary options. It is run and controlled by Morris Processing Ltd. The broker has various regional offices in different parts of the […]

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Full Review Details

Broker FiNMAX
Website URL NEW https://finmaxbo.com/en
Founded 2016
Headquarters Bulgaria
Support Number +359 (2) 491-36-42
Support Types email, live chat, telephone
Languages Multi Languages
Trading Platform Webtrading
Minimum 1st Deposit 250
Minimum Account Size 250
Minimum Trade Amount $1
Maximum Trade Amount $1000
Bonus Welcome
Payout 83%
Free Demo Account Yes
Account Types Bronze, Silver, Gold, VIP
Deposit Methods Skrill, Debit/Credit Card, Fast Bank Transfers and other local Payment methods
Withdrawal Methods Skrill, Debit/Credit Card, Fast Bank Transfers and other local Payment methods
Trading Methods Multiple
Number of Assets 70+
Expiry Times 30-sec, 60-sec, 1-min, 5-min
Types of Assets Currencies, Stocks, Indices, Metals
Option Types Multiple
Trading Currency USD, GBP, JPY
Account Currency USD, GBP, JPY
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 83%

Screenshots

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Pros

  • Great Customer Support, Quick Withdrawals, User Friendly Interface

Full Review

FiNMAX is a broker offering online trading in binary options. It is run and controlled by Morris Processing Ltd. The broker has various regional offices in different parts of the world with its headquarters located in Bulgaria. The broker offers its clients to trade in more than 70 assets under the heads including stocks, commodities, indices, and currencies. To ensure the safety of client’s fund, the broker keeps the funds in segregated bank accounts. The brokers also use state-of-the-art technology such as SSL and HTTP protocols for the security of sensitive information that passes over the internet. The broker offers four types of accounts with different services and features available in each account. A range of deposits and withdrawals methods is available at FiNMAX. Traders are also offered a demo account to practice their trading strategies and learn different trading skills using common money management strategies.

FiNMAX Trading Platform

The broker has a user-friendly web based platform available for its clients. All basic and advanced features and tools considered necessary for purposeful trading are available at FiNMAX trading platform. Traders can access it using a computer connected to the internet from any part of the world, without needing it to install on their PC. The trading platform is supported for windows, android and iOS based mobile phones and tablets. The supported app of FiNMAX trading platform is available to download at App Store and Play Store.

How Does FiNMAX Trading Platform Work?

It is as simple to use as following a three step procedure. Traders need to select the amount of a trade they wish to place. Then they need to predict the direction of the price movement and finally selecting an asset along with the contract’s expiry timing will make them done. Now, wait for the results, in case you have predicted the right price direction, you win. The profits will accumulate in your account. On the other hand, if you’ve predicted the wrong direction, don’t panic. There is still a lot more to go.

Account Types

Bronze: Traders with limited fund available to invest are usually offered the bronze account. It requires traders to deposit a minimum of $250 to get started. Traders can trade more than 70 available assets. The broker allows full access to all basic features offered in a bronze account. Traders are also offered a dedicated account manager, a calendar for economic events, a bonus of up to 25%, and educational resources. Traders can also have their first withdrawal for free.

Silver: It is a type of account offered to traders having surplus funds available. A minimum deposit of $1000 is required to open a silver account. Additional services available in the account include risk-free trading up to 25% of the deposit amount, fast withdrawals, free webinars, free access to trading signals for one month, and a bonus of up to 50%. The account is offered to both skilled and novice traders.

Gold: It is a special account with some advanced services and features offered to advanced level traders. Traders having large funds available to invest prefer to open a gold account. The minimum amount required to open the account is $5000. All other services are same in the gold account as that of bronze and silver accounts. However, some exceptional services such as a return of 2% per trade, market reviews, daily analysis of the market, fundamental as well as technical analysis, unlimited access to free trading signals are available in the gold account. Traders are also offered a one free withdrawal per month, risk free trading of up to 50% of the amount deposited, and a bonus of up to 75% in the account.

Platinum: The elite class of accounts available at FiNMAX is known as Platinum or VIP account. Traders with heavy investments are offered the platinum account with some premium services available. Premium services such as one-on-one sessions with two senior analysts, a dedicated account manager, free access to all VIP webinars, 4% return on each trade, a bonus of up to 100% of deposit amount and absolutely free withdrawals processed within 24-hours are available in the account.

Note: The broker offers a demo account for all type of account holders.

FiNMAX Promotional Offers

Currently, the broker is running a deposit bonus promotional campaign. Traders receive bonuses as per their deposit amounts. Traders with deposits of up to $1000, $5000, $25000 and plus receives 25%, 50%, 75% and 100% bonus respectively.

Deposit and Withdrawals

There is a range of deposit and withdrawals methods available for traders. The broker ensures a quick and hassles free deposit and withdrawal procedure. Traders have the option to select their preferred method for deposits and withdrawals. To see the available methods, traders may need to login their account and press the withdrawal tab. It will redirect traders to the broker’s page displaying the available methods for deposits and withdrawals. Usually supported methods include Skrill, web money, Fast Bank transfers, Debit/Credit cards, and other local payment methods.

Customer Support

Customer support is deemed necessary to play its role in the success of a business. Satisfied customers ensure the viability of going concern of the business even if the company is not doing well. Paying particular attention to the client’s support, the broker offers 24/7 online assistance. To address the issues faced by customers on run time basis, a live web chat feature is available at FiNMAX. Traders can also contact the company via telephone at +359 (2) 491-36-42. Clients can also send emails at [email protected]

Conclusion

We have investigated FiNMAX thoroughly and concluded that it is the best broker available in the market. It is not an easy task to investigate any broker, but since we realize our social responsibility to create awareness among the masses and to expose fraudulent entities. We, therefore, try our level best to bring a positive solution to the clients who find it difficult to select a good broker. After reviewing FiNMAX, we are now satisfied and suggest traders join them with full confidence and make your way towards successful trading and make some good profits.

 

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RISK WARNING: The past or recent trading performance of any stock, security, commodity or derivative is not necessarily indicative of future profits/losses. We do not and can not guarantee that use of our Services will generate you profits. We do not and can not take responsibility for any losses to your accounts. You must trade and take sole responsibility to evaluate all information provided by this website and use it at your own risk. All trading information we provide is intended as trade assistance only.

Risk warning: Trading in financial instruments carries a high level of risk to your capital with the possibility of losing more than your initial investment. Trading in financial instruments may not be suitable for all investors, and is only intended for people over 18. Please ensure that you are fully aware of the risks involved and, if necessary, seek independent financial advice. You should also read our learning materials and risk warnings.

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