FiNMAX is an offshore binary options and Forex CFD broker that opened in 2016.
They are currently owned by: Max Capital Limited, PO Box 1276, Port Vila, Vanuatu. They operate two different websites, one for CFD trading and the other for Binary Options. Contact phone number in the United Kingdom is: +442045770530, customer service 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 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.
FinmaxFX is a MetaTrader5 broker, which is the new trading platform for Forex brokers.
The Finmax trading platforms and website is available in English and Russian, as they primary deal with clients from Russia. Their minimum deposit requirement for a new trading accounts is $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.
Finmax Brokers License
When the scam broker investigator reviews a Forex or 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 officially licensed in Vanuatu by the Vanuatu Securities and Exchange Commission, with license number 41072.
They were formerly owned by: FinmaxBO; Morris Processing LTD, located at 14 Tsar Osvoboditel Blvd, Sofia 1000, Bulgaria. FinmaxFX; Max Capital Limited, located at: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles.
You can find reviews of all licensed Forex brokers listed here.
Compare Forex Brokers
It is always a good idea to tryout a few different brokers and see which trading platform you are most comfortable using.
They offer MT4, MT5 and cTrader platforms, with the tightest spreads on Forex & Bitcoin trading. Go try a Free Demo Account, signup here.