FINMAX-Some Important Details of This Broker
摘要：Founded in 2015, FINMAX is allegedly a Bulgaria-based binary options broker that provides its clients with a web-based trading platform, various tradable assets, as well as a choice of five different account types.
| FINMAX Review Summary | |
| Founded | 2015 |
| Registered Country/Region | Vilnius |
| Regulation | Unregulated |
| Market Instruments | CryptoForex currency pairsStocksIndicesCommodities |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | Trading View |
| Min Deposit | / |
| Customer Support | Phone：+44 (208) 068-53-32 |
| 24/7 service | |
| Physical Address: 14 Tsar Osvoboditel blvd. Sofia 1000, Bulgaria。 | |
| Email:support@finmaxtradeoption.com | |
FINMAX Information
FINMAX was officially established in 2015 and registered in Vilnius. Currently, FINMAX lacks valid regulations. FINMAX offers five asset classes, including forex currency pairs, stocks, indices, commodities and crypto. It also supports the self-developed trading platform.
Pros and Cons
| Pros | Cons |
| Customer support via email | MT4 and MT5 are not supported |
| Lacks valid regulation | |
| Less information on the main website | |
| Demo accounts are not available |
Is FINMAX Legit?
FINMAX is an unregulated brokerage.
What Can I Trade on FINMAX ?
FINMAX offers five asset classes, including forex currency pairs, stocks, indices, commodities and crypto.
Finmax offers to trade with crypto assets (BTC, LTC, ETH, Ripple) but only CFD's.
| Tradable Instruments | Supported |
| Crypto | ✔ |
| Indices | ✔ |
| Forex currency pairs | ✔ |
| Stocks | ✔ |
| Commodities | ✔ |
| ETF | ❌ |
Account Types
Information about account types is not disclosed on the official website.
To open an account, users will need to fill out personal information on this page, including name, password, email, referral Id (optional) and phone number.
then press the ‘SIGN UP’ button to complete the account creation process.
FINMAX Fees
Accounts that have not traded for a certain period of time will be considered inactive by the company. These dormant accounts will be charged a maintenance fee.
If the balance is zero, no fees will be charged.
Trading Platform
FINMAX offers traders trading view platform.
| Trading Platform | Supported | Available Devices |
| Trading View | ✔ | Web,mobile |
| MT5 | ❌ | / |
| MT4 | ❌ | / |
Deposit & Withdrawal
Trading СFD may generate profit, which requires Finmax clients to deposit money on their online accounts. Profits can be withdrawn from the online account.
Deposit Policy
Deposits will be made via bank transfer, PayPal, Western Union.
The Company shall credit the relevant amount to the Customer's account within one business day of the bank account being cleared for the relevant amount.
Withdrawal Policy
Withdrawal requests can only be made through the personal account on the website and must be confirmed by the Client's nominated manager either verbally or in writing (in case of problems with the service provider).
After the confirmation, the withdrawal will be completed within 7-10 business days.
