FiNMAX is an unlicensed binary options broker that opened at the beginning of 2016. Finmax is owned by Morris Processing LTD, located at 14 Tsar Osvoboditel blvd. Sofia 1000, Bulgaria.
Their phone numbers in United Kingdom is:+44 (203) 868 5758 and in Canada (437) 889-3209. The email address is firstname.lastname@example.org.
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 them.
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 that we trade, we found available on their site including; individual shares, metals, oil, market indexes and of course currency pairs.
Finmax is available multiple languages like: English, Русский, Español, Français, Deutsch, Italiano and Polski, since they are a popular broker in Russia and Germany. Minimum deposit requirement for a new trading accounts is only $250.
They are currently offering traders a few special promotions. Either you can get a signup bonus, which is 25% – 100% of your initial deposit, or you can get a risk free trade.
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.
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 not a licensed broker.
You can see review of all licensed binary option brokers here.
It is always a good idea to tryout a few different brokers and see which trading platform you are most comfortable using.