FINMAX-Some Important Details of This Broker

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

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.

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.

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 Profits can be withdrawn from the online account.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.