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Finmax Review

First impressions

Finmax is a binary options service that suits both beginners and professional traders. It induces a solid impression probably due to the well-thought web design, platform features, and customer support responsibility. The broker has more account types, so that it could make the difference between amateur traders who want to try their luck in the financial world and professional ones, who are ready to spend significant amounts on deposits.

The broker can be trusted since it’s licensed by the Russian Financial Relations Regulation Center – FMRRC. This means that your money will be kept in safe conditions and that you will be able to withdraw it freely based on the stipulated conditions.

Bonuses

In order to motivate beginners and expert traders, Finmax comes with different types of bonuses, such as the first deposit bonus, the size of which directly depends on the deposit. The bonuses can reach:

  • 25% with the Bronze account that requires a deposit of at least $250
  • 50% with the Silver account that requires at deposit of no less than $1000
  • 75% with the Gold account that has to be funded with at least $5000
  • 100% with the Platinum VIP account. The deposit is discussed in particular with Finmax

Also, there is the risk-free trade option which allows you to get a refund on your first investment in case it gets out of money.

Trading Platform

Finmax has a top class trading system which is web-oriented and fully responds to the trader’s basic needs. It also has some additional features that are not generally specific for most of the binary brokers – such as technical analysis indicators, early closure option, different chart types and more.

The platform is fast and doesn’t require a complex knowledge related to trading techniques – it’s really intuitive and convenient for use.

There is also the mobile version, which was created for those who want to enjoy full flexibility when trading. The mobile version is compatible with Android, iOS, and Windows systems.

Other Features

Finmax is not a regular binary options broker. They have a list of special features that help them become a leading service.

One of these features are the trading signals, an option that can be activated by those who fund their account with no less than $1000, which means that trading signals are available with the Silver account and up.

Another great feature, at this time available for everyone, is the so called Social Radar, a unique social trading system in which you can monitor and copy the trades of professional traders. By doing this, beginners can learn to make smart decisions and manage the risks.

Customer Service

The customer service team is available from 08:00 GMT to 20:00 GMT and can help you in any situation. You can contact them by using one of the following communication means:

  • Online chat via the website;
  • Email – support@finmaxbo.com
  • Skype – finmaxbo.com
  • +359 (2) 491-36-24 – Main Office

Assets

When you analyze the asset index of Finmax, you understand that it’s a full-service broker that wants to cover as many markets as possible. You can trade all types of assets, like Forex pairs, stocks, indices and commodities. Here is the asset index of Finmax:

  • 30 stocks: Sony, Amazon, Facebook, Siemens, Alphabet, and more;
  • 14 indices, such as Dow Jones, NASDAQ, S&P 500, DAX 30, Nikkei 225, etc;
  • 25 Forex pairs, like EUR/USD, USD/CAD, USD/JPY, and more;
  • 8 commodity assets that derive from 5 commodities – gold, silver, oil, gas, copper.

We would say that it’s more than enough to start a successful trading journey.

Final thoughts

We were surprised to find out that Finmax is a complete binary options service. It’s not just about a basic trading platform where you click PUT and CALL. The broker has a full package of education materials, strategies, webinars, instructional videos, and more.

With the minimum deposit of $250 for the Bronze Account and with a high return rate, we think that this may be the ideal choice for those who want a profitable trading experience.

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