FINMAX Review (Platform Analysis)

FINMAX is a binary options broker that boasts of simplifying the process of trading and making profits to provide a successful trading experience. The broker promises 100% transparency in their transactions, where each trader is in full control of their account. They are popular, because they offer more than 70 assets while minimizing risk and maximizing on profits.

The company is located at 14 Tsar Osrobaditel blvd. Sofia 1000, Bulgana. For inquiries, you can reach them on email address support@finmaxbo.com.

FINMAX Review

The popularity of the Binary Options broker has continued to grow fast and wide. This growth comes with the mushrooming of both legit and fraudulent brokers. As such, before investing in a given broker, you need to verify that it is reliable and it best suits your needs. On that account this article will review FINMAX binary option, to highlight its features and why it has proven to be a legit broker.

Education

To start, the broker is well known for its adequate educational materials on matters concerning binary trading. The company offers e-books, articles, analytical notes, videos and Webinars of high quality that educate you on trading strategies among other issues. As such, if you are a beginner in trading, you can easily learn the does and don’ts of the industry and start your trading career.

Instruments

To be a successful trader, you have to be informed about the state of economies of different nations as well as other trading news. FINMAX has made your work easier by providing, real-time trading news, daily analytics and even advanced trading charts. Therefore, even the gurus remain informed of when to make a trading move according to the economic news. With this feature, the broker has proved to be rooted to give the best trading experience for its client’s rather than just making profits.

Competing Brokers

Here are some of the competing binary options brokers:

• ProofOption
• CX Markets
• Binary Cent
• Binary.com

Social Trading

FINMAX offers a new option known as social radar. With social radar, you can choose a professional trader and follow their trading strategies through their website. The company guarantees you a customized interaction between you and your professional trader of choice. In addition, you have full control of your investments and you can set the limits. The broker is designed for both the gurus and the beginners. With the social trading feature, you can easily learn how to trade.

CFD Trading

The company prides itself with their CFD trading feature. This feature allows you to trade without having physical assets and by only predicting the fluctuating value of assets. The broker allows trade in currency pairs, shares, indices and commodities. With this tool, you have the rare opportunity of joining the financial market without having real capital and increased leverage for profits. In addition, unlike other brokers, FINMAX does not charge a commission for using CFD Trading tools. Therefore, this proves that the broker is not only interested in having your money but also in making sure you benefit from trading.

Account types

The broker offers different types of account which have different features customized for your needs. The accounts include bronze, silver, Gold, Platinum and VIP. The company has highlighted the different features of the accounts on their website. As such clients are well informed of the different accounts and the best to invest in.

Regulation and Safety

To get a reliable broker, it is very important to check on its regulations and safety features. FINMAX is regulated by Binary option and forex by IFMRRC. This proves that the broker is not fraudulent.

Moreover, the company claims to invest in the latest security feature for computer storage, paper files and other records. As such, any information used to join the broker remains safe from unauthorized users and loss as long as you are their customer. The website is secured by SSL, Comodo Secure and VeriSign Trusted.

Mobile Trading

FINMAX has a mobile app for trading which is supported on Android, Windows Mobile and iOS. Therefore trading is brought closer to your home and you can trade easily wherever you are.

Payments

First and foremost, transactions are made through either bank accounts, electronic payment or credit cards. The maximum amount allowed for deposits is $5000 and the minimum is $5. You, therefore do need a lot of money to start trading.

Other than that, all trading transactions are executed within the least time possible and withdrawals are processed within 48hours.

Support

FINMAX has built a good reputation in providing Personal Managers as part of their support team. Similarly, they claim to have a support team that works 24/7 to ensure all your inquiries and needs are attended to fast and efficiently.

Conclusion

First, note that this review is based on our personal extensive research as well as the testimonials of the other users. Based on the above highlighted features as well as their different awards won, FINMAX has proved to be a reliable binary trading option for both beginners and gurus.

As I conclude, note that trading in binary options is always a risk. Therefore, be sure to trade only what you can afford to lose. All the best in your trading experience