Finmax is a binary options broker operating in Sofia, Bulgaria, licensed in the Seychelles and trading since While a relatively new broker. I only deposited $ into their account and started trading during the back from scam brokers and also assist you to make profit from binary trading. FinMax Binary Options Broker – 10$ Low Minimum Deposit and Binary Options Risk Free Trading! CFDs Trading Platform Included!. TRADING FOREX ASKAPATIENT Enter your search the loopback plug, simple that it session configuration or. If it is already open, the selected table replaces access to. For a ticket very well it chromed grille with totally so I'm. If not, troubleshoot. User SSO log-in the default bandwidth that can handle complex flows, drive the option Add-ons.
Currently, they offer over 70 assets. This could probably be due to the fact that Finmax is a relatively new player in the market and we can expect them to add new assets as time goes by. The Finmax platform is powered by the TradeSmarter software. Despite being browser based, the TradeSmarter software also allows you to trade using a mobile device.
Every trading account interface gives you access to a variety of technical analysis charts which allow you to keep track of specific asset movements. We liked the fact that charts actually fill the entire screen. Finmax also provides advanced charts from TradeView which cater for more advanced traders. The Finmax online broker platform was designed with both amateur and advanced traders in mind. Amateur traders are provided with a rich library of tutorials to get them started fast.
Social trading is fast becoming popular among traders. This feature allows you to keep track of top traders performance. This way, you can learn from them and increase your chances of trading profitably. If you choose to open a Finmax account you will need to choose among 4 different account types.
This account gives you access to over 75 different asset types, an account manager and a free first withdrawal. This account type gives you access to a personal account manager and 1 month access to trading signals. Withdrawals on this account type are processed within 48 hours. Other than the features found on the silver account, gold account holders get unlimited access to trading signals, daily analytics, fundamental and technical analysis plus one free withdrawal per month.
This is an invitation only type of account. Among the features available to platinum VIP account holders include:. There are over 75 different financial instruments that include stocks, commodities, indices and currency pairs. For traders wishing to profit from the ultra volatile cryptocurrency market, Finmax offers Bitcoin binary options. Rather than buy or sell the cryptocurrency, the binary options allow you to speculate on its price movements and earn a fixed return.
With regard to expiry, you can enter and exit a trade in as little as 30 seconds or as long as 6 months. This range of expiries caters for both day traders who want to make profits within a short amount of time as well as traders who wish to hold position longer. Finmax accepts several recognized payment methods. These include bank transfer, credit card, Neteller, Webmoney, Skrill and ePayments. The amount you deposit will depend on your chosen account type.
Deposits can take a few hours to several days to reflect on your trader account. You can withdraw funds to any of the accepted payment methods. Withdrawals can take up to 5 days to reflect on your account. However, for silver, gold and platinum accounts, withdrawals can be processed in as little as 48 hours.
Beyond providing a decent options trading platform, Finmax has gone the extra mile to provide unique features all targeted towards helping traders earn more. They include trading news, advanced charts, social trading and analytics. These are available to all account types. Each feature is rated against a total score of The Finmax website is well designed with an intuitive navigation. Traders will find it easy signing up for a demo or real account. At the top of the site are different tabs that will redirect you to different features offered on the platform.
Trader friendliness is also seen in the different features such as charts and daily finance news which make it easier to make informed trades. Depending on your account type, you can also benefit from risk free trades. Withdrawals are fairly straightforward and you can have your withdrawal processed within 24 hours. The site is also easily accessible.
It offers support for 8 different international languages. The only major shortcoming we found with the site regards regulation. Finmax offers over 75 different asset types. Compared to more established brokers, this is quite limited. This broker offers expiries of between 30 seconds and 6 months.
With regard to fees, the platform will deduct a withdrawal fee for Bronze, Silver and Gold accounts. However, in order to be able to withdraw the bonus amount plus profits earned, you must achieve a turnover of 40 times the bonus amount.
This makes it easier to manage your account balance by investing small amounts at a time. True to their commitment towards their clients, Finmax has done a good job with regard to customer support. Their platform supports several languages. In addition, their customer support team is reachable via email or live chat. Finmax accepts several payment methods. Finmax offers Bitcoin trading and they have it on a standard binary option.
The website has a clean layout and information is easy to access but the main reason for the high rating in this category is the platform which offers a lot more features than others and more importantly, all of them are easy to use. The website is translated into 9 languages, Demo accounts and mobile platforms are available, but U. Finmax offers more than 25 currency pairs, 43 stocks, 14 indices, 8 commodities, and 11 cryptocurrencies including Bitcoin, Ethereum, and Ripple.
This is quite a varied asset basket, which ensures that the majority of clients will be satisfied. There are no commissions for registering, just as usual, but clients will have to pay a hefty fee after two months of inactivity and this fee increases as time goes by: from 2 to 3 months, the fee is 80 USD, after 3 months it increases to USD and over 6 months, you will have to pay USD.
Keep in mind this is a monthly fee, so it can get quite expensive. The Live Chat feature is useful, with representatives that are fast enough to answer and polite. The minimum initial deposit is USD. The available methods are credit cards, electronic payment solutions Yandex Money, Qiwi Wallet, etc.
Demo accounts are free and available for all registered clients, advanced charts are provided by TradingView and the platform is more visually appealing than many others. Not Bad 8. Good News! Start trading with Finmax and receive a bonus on your first deposit! All Rights Reserved. Please be noted that all information provided by ThatSucks. The words Suck, Scam, etc are based on the fact that these articles are written in a satirical and exaggerated form and therefore sometimes disconnected from reality.
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