FiNMAX is a new binary options broker that opened at the beginning of 2016. Finmax is owned by IK Partners LTD, located at C&H Towers, Corner of Great Marlborough and Great George Street, Roseau, 00152 Dominica.
Their phone numbers in United Kingdom is:+44 (203) 868 5758 and in Canada (437) 889-3209. The email address is [email protected].
The unique aspect of Finmax is the trading software that they offer traders and clients. It was developed by the Trade Smarter company, and it was customized exclusively for Finmax.
They offer binary options of High/Low and Above/Below. The returns are in the 70% to 80% range. What we really like about their trading platform is the wide variety of expiration available. They have high speed options which expire in 60 seconds, along with daily, weekly and monthly options going out four months.
All the assets we trade we found available at Finmax, including individual shares, metals, oil, market indexes and of course currency pairs.
Their minimum deposit requirement for new accounts is the standard $250, see here.
A major source of complaints against binary option brokers stems from traders not understand the terms and conditions in withdrawing the money after receiving a bonus. It is important for you to understand a bonus before accepting one.
Trading signals are available for all clients with an account with over $1,000, see here.
When the scam broker investigator reviews a binary options broker to see if they are a scam or legit, the first thing we look for is a licensed from a government regulator.
Finmax is licensed and regulated by FMRCC in Russia under their corporate name IK Partners Ltd, see here.
You can see review of all licensed binary option brokers here.
Traders from America are not allowed to trade here! Find a broker at the Best Brokers Page.
It is always a good idea to tryout a few different brokers and see which trading platform you are most comfortable using.
24Option (read review) is a very large European licensed broker with a huge $24,000 trading contest this month, see details. Many people who like automated trading robots with use 24option with the software from OptionRobot.com.