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Reviews on binary options trading in finmax, FiNMAX Review

Back to Top Review Finmax, founded inis a binary option broker domiciled in Bulgaria.

It provides an innovative platform that offers traders more than 75 assets for trading in indices, equities, commodities and currency pairs on major financial markets. Finmax offers options with expiry times ranging from 30 seconds to 1 year.

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The company services both the Bulgarian and foreign markets and uses one of the best software platforms in the industry. Accounts There are four different account types to choose from at Finmax.

What is Cashback?

A Platinum VIP account may be opened with a negotiable, larger minimum deposit. Silver account holders and up receive dedicated account managers. Gold and Platinum account holders receive unlimited free signals, while Platinum account holders also get a free withdrawal service.

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Unusually for a binary options broker, Finmax offer a demo account option so you can try it out without risking any money for a week. These are the criteria which determine whether the option is a winning or losing trade.

Trading is offered in 30 individual stocks, 14 stock indices, 25 Forex currency pairs, and 8 commodities. Finmax offers trading using only its own proprietary trading platform.

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Finmax provides a selection of educational videos and trading strategies, as well as webinars. A comprehensive range of free market analysis is also given, as well as an up-to-date economic calendar.

Finmax: A Trustworthy Binary Options Broker? – Review 2020

Education and Analytics The Finmax all profitable binary options strategies offers a wide choice of educational material. There are a range of videos on several topics including trading psychology and options trading reviews on binary options trading in finmax, as well as a platform overview and binary e-book.

This section of the site also includes five illustrated trading strategies, most of which incorporate candlestick chart analysis. The webinars on offer are restricted to clients with live accounts.

General Information

A fairly wide range of up to date market analysis is also offered. Bonuses and Promotions Finmax offers all its new clients a risk-free trade as their first trade. Withdrawals may be made in the same manner as deposits.

Customer Support Customer support is maintained in the U. Traders can contact a Finmax representative by telephone or skype during working hours and can use email anytime of the day.

Much of the information can be found by scrolling down on the landing page and there are few tabs to click. The choice of different trading accounts is attractive and the welcome bonuses are very generous. Still, there is a feeling that this is a relatively new broker and there are some features that are missing.

  • In your workspace, you will see a graph that you can switch to a preferred view — a schematic or a candle, and temporal scales, the most popular assets, selected assets, all kinds of expiration, the RSI indicator Relative Strength Index and SMA simple moving averagemanagement tools and risk information on opened and closed trades.
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  • There are over 75 different financial instruments that include stocks, commodities, indices and currency pairs.
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Back to Top Features Finmax has many attractive features including the website itself which uses colorful snapshots and easy access to information. The best feature of this broker is its wide choice of trading accounts and very generous bonuses.

Back to Top Platforms The only trading platform offered by Finmax is their proprietary platform.

  1. Every trader from around the world is free to join the platform and enjoy a quality binary trading experience.
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The platform is intuitive and user friendly, with many features. No download is necessary and the platform can be accessed by clicking the platform tab after completing the account registration. The standard payouts are well-placed in the market.

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Back to Top User Reviews Did you have a good experience with this broker? A bad one? Tell our team and traders worldwide about your experience in our User Reviews tab.

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