Read Reviews on Finmax com Before You Buy

You can download app for iOS from Apple App store and for Android devices from Google Play. You can claim a gold account after depositing $5000. The minimum deposit for the account is $250 (up to $999). This material is not intended for viewers from EEA countries .

Finmax review

Finmax is a leading online broker launched in 2015 that offers Binary Options, CFD, FX, and Cryptocurrency trading. The website is owned and operated by Max Capital Limited, a Vanuatu-based company regulated by the Vanuatu Financial Services Commission and by the IFMRRC with licence number TSRF RU 0395 AA V0150. Based on our own experiences and on the opinions of many clients who have been scammed by Finmax, we must clearly state that Finmax is not legitimate. Many traders complain about the lack of regulation and about huge losses. The broker scores 1 out of 5 possible stars in our review. The withdrawal of your profit is very easy too.Use the same payment method as your deposit for the withdrawal. In my test, the withdrawal takes only 48 hours to process.

Binary/Forex recovery

In conclusion, the broker offers tools that are needed by traders. It is possible to trade any strategy on Finmax by using indicators and technical analysis. There are no lags and the trade execution is quite fast. MT5 is deployed for all devices to make sure traders can place orders anytime, anywhere.

Their website is clear and easy to navigate which means that you can enjoy your trading experience and benefit from a good user experience. They offer everything you need to enjoy successful binary options trading including a wide range of educational tools. The trade types are simple, and if you are new to trading, there is the option to start low. With licensing and a good trading platform, we think that this is a great broker. With a deposit of $25,000, platinum account holders can benefit from several additional features offered to gold account holders including +4% of return per each trade. This account is more suited to the more serious binary options trader that has a certain degree of experience in trading. Educational tools including webinars, videos, daily analytics and unlimited trading signals are also available to those who open a platinum account.

Finmax review

All information on is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Suddenly not arrived and never posted Forex brokers to my account – the money just disappeared! Even the bank Epayblock (Vilnius – Lithuana)do not cooperate. Based on our findings and research Finmax website is unavailable to reach, so probably Broker no longer operates.

Assets Available

Like most other brokers, Finmax offers a deposit bonus to each client. With other account types, the bonus can be up to 100%. Another special of the broker is the risk-free trades.

  • Even the bank Epayblock (Vilnius – Lithuana)do not cooperate.
  • I think they really don’t know what this platform is all about and the benefits to be made safely and conveniently in the long run.
  • Some brokers or trading platforms are not regulated and can not provide services in your country.
  • But in fact, the broker is regulated by two organizations that will not help you in case of fraud or force majeure.

There is also an FAQ section covering common questions that clients can refer to instead of spending time trying to directly contact the company. At FINMAX, they aim to make your trading life Forex brokers easier – and if youre new to the world of trading , you can use the demo version and practise with $1,000 of virtual funds. Finmax is regulated for Binary Options and Forex by the IFMRRC.

Is FINMAX Scam or Legit Broker?

Traders can customise the virtual fund within and freely trade with no risk. This account is unlimited in using time so you can make use of it anywhere, anytime.

This particular broker offers returns of 70-80%, which are realistic, but there are higher payouts available for platinum or VIP account holders. When choosing a broker, be careful not to be drawn into those that are offering more than 90%. As the name would suggest, high/low trades are when you predict whether the price of the asset currently will go up or down in the specified expiry time. Otherwise known as call/put options, the call is when the price goes above and put is when the price goes below the cost of the asset at the time of placing the trade. To withdraw funds to your bank using wire transfer, they charge a whopping 53 usd. On top of that, they say wire transfer takes 30 days to process. Beware of all get rich quick offers rendered by Finmax.

Compare Forex Brokers

We may receive compensation from the companies we write about. Always verify that your broker, is licensed by your local financial regulator. FINMAX allows Indian traders to open accounts and trade. However, FINMAX has no mention of complying with any Indian regulators on its website. Here you can find the Best Forex Trading Platform in India for you. The broker is not regulated by any regulatory body in India, that’s why money safety may be the issue here. Take note that FINMAX only offers customer support from 8 in the morning to 8 in the evening (GMT +3).

You can choose between long and short expiry times. Finmax offers a unique trading fin max com platform.From my experience, the platform is very flexible and user-friendly.

Editor’s Note: Why Finmax Sucks In 50 Words

They offer a live customer service channel for an easy and professional resolution to any customer complaints. The live chat feature is pretty functional, support team response so fast within 1 minute but they are only available for 12 hours a day and five days a week. Their personal manager are not very clever, couldn’t provide a good trading directive and appropriate for me, all the strategies that they employ were wrong, and made me got a lot of losses. I have closed my account I don’t want to lose any of my money again. They are not serious and lack of several things, starting from good spreads.

Tags: No tags

Add a Comment

Your email address will not be published. Required fields are marked *