Finmax Review

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Finmax Review
Finmax Review

This article is about Finmax review, one of the popular binary options broker in the market.

Binary options are innovative financial instruments that satisfy traders looking to earn profits in near-term. And, choosing a trusted broker to start investing and earning is the very first step of every person who wants to participate in this potential market. Finmax, an international broker established in 2015, is one of the most favorite among hundred of binary options companies nowadays.

Overview

Company address: 14 Tsar Osvoboditel Blvd. Sofia 1000, Bulgaria.

Website: finmaxbo.com

Regulating organization: Financial Market Relations Regulation Center (FMRRC).

Features

Since this broker is founded by a team of professional, experienced traders and analysts, trading conditions offered here are almost perfect as the founders know exactly what market participants need. The trading platform with lots of outstanding advantages is based on TradeSmarter, one of the world’s leading platform providers for financial companies. There are many obvious benefits that traders will immediately realize once they access the trading system:

  • A wide range of financial assets: Over 70 tradable assets are available for trading at Finmax. This broker is one of the few options brokers allowing traders to trade cryptocurrency futures including Bitcoin, Etherium, Litecoin, and Ripple.
  • A variety of expiries: Finmax offers various expiries, ranging from 30 seconds to 1 year.
  • High payouts: Finmax’s payouts are up to 90%, 10 to 20% higher than the average percentage in the binary options industry.
  • Low minimum investment: The minimum investment amount at Finmax is only $5.
  • Instant order execution: Real-time market execution here enables traders to trade anytime despite volatility.
  • No spreads, no commissions.
  • Demo account: To help clients be familiar with Finmax’s trading system, Finmax offers a demo account with a virtual $1,000 once their clients finish registration.
  • Advanced education center: Clients are free to use rich educational materials selected and provided by Finmax’s financial experts.

Registration

To start trading at Finmax, traders need to open a new trading account by clicking on the “Sign Up” button at the top right-hand corner of the homepage. The broker is highly appreciated by customers all over the world for its simplicity in registration.

Traders can choose to open their accounts in USD, EUR, or RUB. The account’s currency can’t be changed after registration.

Once activation is finished, the trading system can be accessed directly. Traders can decide to trade with real money or test the platform with a virtual $1,000.

The platform’s functions are displayed transparently, allowing traders to enter the market with ease. They just need to choose the asset, set the expiration time, input the willing investment amount and buy the option.

Besides the desktop version, Finmax also offers a mobile platform compatible with Windows Mobile, iOS, and Android.

Below are where traders can finish identity registration by uploading required documents.

Account Types

There are typically four types of real trading account that potential clients can pick at the broker. Each account type requires different initial deposits as well as containing individual benefits.

Bronze – $250

Silver – $1,000

Gold – $5,000

Platinum VIP – Negotiable deposit, but not less than $25,000

Promotions

In addition to educational materials, clients will be offered welcome bonuses, risk-free trades, high-quality trading signals as well as support from personal account managers. Benefits depend on client’s account type; the higher-level the account type is, the more generous the offers are.

Deposits/Withdrawals

Finmax offers plenty of transaction methods for traders to choose from, including Visa and MasterCard, Wire Transfer, Qiwi, Neteller, Skrill, Webmoney, and Yandex. Minimum deposit amount is $250.

$25 is the minimum withdrawal amount. Withdrawals are processed within 24 to 48 hours to the payment method which is used for making deposits. Completing identity verification is a must before withdrawal requests are implemented.

Support

The broker’s specialists can be contacted 24 hours on 5 business days via email, telephone, and live chat. Finmax supports 7 languages: English, Russian, Arabic, Polish, Italian, German, and Spanish.

Conclusion

Finmax is one of the world’s most professional and prestigious options brokers, recognized by many traders all around the world. Choosing Finmax to start learning and earning from binary options trading is a very wise decision.

JOIN FINMAX NOW