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FinMax Binary Trading
FinMax is a young broker, which began its operations in early 2020. The company’s management consists of professional analysts and traders, who not only had time to become familiar with the digital options market but literally stood at its source participating in its development. They were able to create a trading platform, in which they took into account the strengths of financial instruments and fixed weaknesses.
First of all, we should note in our FinMax review, that the founders of this company engaged in security solution of their customers and their funds. In addition to the privacy of personal information, the revolutionary system was implemented by employees of the provider, which deprives management consultants access to personal accounts of traders. This means that no employee will know the password to your account. It is no secret that there were stories that the staff of well-known brokers performed manipulations with the accounts of their users, and “poured” traders’ money. With FinMax broker, such situations are completely excluded.
FinMax Binary Trading – Instruments
FinMax binary trading provides an innovative, intuitive and just a very convenient trading platform, where literally everything is in sight. In your workspace, you will see a graph that you can switch to a preferred view – a schematic or a candle, and temporal scales, the most popular assets, selected assets, all kinds of expiration, the RSI indicator (Relative Strength Index) and SMA (simple moving average), management tools and risk information on opened and closed trades. On the one side of the trading platform, there is a trade management window that will allow you to open trades in just 1-2 clicks.
At this moment, you can use two tools for trading – High / Low and one Ladder type of option, which is called Above / Below. Expiry time ranges from 30 seconds to days, and all timeframes with potential payouts are right in front of your eyes, which allows to diversify your strategy and to choose the most profitable deal for you.
It is worth mentioning in our FinMax review that this broker provides excellent tools for managing trading risks. The “hedge” automatically opens a trade in the opposite direction if you start to doubt the correctness of your previous decision. Thus, you will bring your losses from unsuccessful decisions to a minimum. If everything goes according to plan, you have the option to double your bet, thus you will not miss the opportunity to earn more in a shorter amount of time. Last but not the least important function is to sell an option or as it is called: Early Closure. This option will help you to reduce loss or earn less, but surely.
|Minimum Trade Size||$5|
|Account Types||Bronze, Gold, Platinum VIP, Silver|
|Traders From USA|
|Option Types||Above/Below, High-Low|
|Touch Options (Max Rates)||0%|
|Educational tools||Advanced In-Depth Course Beginner Economic Calendar Beginner Video Tutorials Intermediate Webinars Intermediate Economic Calendar Intermediate Video Tutorials Advanced Webinars Advanced Daily Market Analysis Advanced Trading Lessons Advanced Interactive Course Advanced Glossary Extras Economic News Extras Expiry Prices Extras FAQ Extras|
|Assets||Commodities, Forex Pairs, Indices, Stocks,|
|Forex Pairs||EUR/USD, EUR/CHF, GBP/JPY, AUD/CAD, AUD/USD, AUD/JPY, USD/JPY, EUR/CAD, GBP/CAD, AUD/CHF, CAD/CHF, GBP/USD, EUR/JPY, GBP/CHF, CHF/JPY, USD/RUB, EUR/GBP, EUR/AUD, USD/CHF, NZD/USD, USD/SEK, USD/CAD, GBP/CAD, USD/NOK, CAD/JPY, USD/BRL|
|Stocks||BARCLAYS, HSBC-HK, TOTAL S.A., SANOFI AVENTIS, BNP PARIBAS, SAP, SIEMENS AG, BBVA, BANCO SANTANDER, RENAULT, BMW, VOLKSWAGEN, BP, RBS, GAZPROM, IBM, APPLE, AMAZON, EBAY, GOOGLE, TESLA, YAHOO, NETFLIX, CHINA LIFE INSURANCE, TWITTER, MICROSOFT, ALIBABA, FIAT, COCA COLA, STARBUCKS, GENERAL MOTORS, MCDONALD’S, LINKEDIN, AIG, EXXON MOBIL, DISNEY, BANK OF AMERICA, CITIGROUP, GOLDMAN SACHS, FACEBOOK|
|Commodities||Crude Oil Futures, Copper Futures, Natural Gas Future, Gold, Silver, Gold/GBP|
|Indices||DAX 30 FUTURE, FTSE 100 FUTURE, S&P 500 FUTURE, NASDAQ 100 Futures, DOW JONES 30 FUTURE, NIKKEI 225 FUTURE, MICEX Futures, IBEX 35 FUTURE, HANG SENG FUTURE, NIFTY FUTURE, Tokyo Stock Exchange Tokyo Price Index TOPIX (TPX:, TEL AVIV 25|
Touch Options Payout (Max)
To complete the registration with a broker, you will need to pass the verification of identity, in order in the future, not to be encountered in unpleasant situations, especially when you want to make FinMax withdrawal. This step once again emphasizes the fact that the firm’s management is most meticulously suited to all the nuances of the business, especially for its shortcomings, to facilitate the work of its users. To make a deposit, you can use the popular credit cards as Visa and MasterCard, and electronic wallets as QiWi or Yandex, as well as a bank transfer. It should be remembered that FinMax withdrawal proceeds in the same manner as the account funding. The process of the withdrawal can take up to 48 hours, which can not but rejoice.
FinMax Minimum Deposit
In addition to the demo account, the company offers its users a choice of two trading accounts. Demo account requires registration, but you will not need to deposit money into the account, which sets FinMax apart from other brokers that require a deposit to access the demo. You can use this demo service for one week, after which you will be prompted to open Real or VIP accounts.
Real account will provide you with all the features of the platform, including more than 75 types of assets, help of consultant manager, training courses, including video materials, as well as a bonus of up to 50%. FinMax minimum deposit is only $ 250.
The Best Binary Options Broker 2020!
Perfect For Beginners!
Free Demo Account!
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Good choice for experienced traders!
VIP account will require from you FinMax minimum deposit of $ 1000, and in addition to all the benefits listed in the Real type of account, it includes a personal manager, the opportunity to attend webinars, rapid FinMax withdrawal (up to 48 hours) and a bonus of up to 100%.
Regarding the bonuses, in our FinMax review we should mention that the longer you work with a broker, the more bonus you can get – up to 150% of the deposit amount. Bonus Terms require turnover to $ 30 per each bonus dollar to get an ability to withdraw funds. The platform has a great graphic design of your progress to simulate the bonus. Do not forget that if you try to withdraw money before you make a turnover of the whole bonus, you can lose the entire bonus, and all the profits made with the help of it.
FinMax Binary Trading – Support
Broker’s platform has two interface languages – English and Russian while it is oriented mainly on the Russian-speaking traders so that communication with the consultants is precisely in Russian. You can contact them by all available ways: e-mail, by phone, via a web form, online chat and Skype. The broker has a phone number in the Russian Federation, Ukraine and Kazakhstan. Its customer service is 24/7, allowing you to get an answer to any question beginning with the consultations on the work of the platform, ending the issue of cooperation.
Besides, we would like to mention in this FinMax review that it provides an intensive training system, which is divided into levels, starting from the basic, ending the training of technical analysis and advanced webinars. During training, your progress will be rendered to you, so you can easier track your progress. Plus, the broker provides its customers with a variety of analytical tools, which include market and assets reviews, news about the latest developments in the world of finance, economic calendar and trading signals. Signals can help advanced traders to switch over their trade in semi-automatic mode, and it can help beginners to get started in the world of binary trading.
Since the broker is a newcomer on the market, it is very difficult to find any reviews about FinMax scam and evaluate its reliability or probability to get on FinMax scam. And even though this provider currently has no license, we have no reason not to trust this broker. Moreover, if we pay attention to the work done to improve the security of traders, including an automated process of identity verification and the protection of customers from interference by personal managers.
Whatever the case, you need to be careful even with the most reliable brokers, because binary trading is always connected with high incomes and corresponding risks. We advise you to read carefully the terms of the agreement with this company when you make a registration with the company and to pay great attention to the section about the bonuses, and it is one of the key features of never getting on FinMax scam
FiNMAX review – Is finmaxbo.com scam or good forex broker?
FiNMAX is a binary options broker, which is not authorized to offer any services on regulated markets like the European Union, Australia, Canada, the U.S. or Japan. On top of that we are not entirely sure who owns the broker – whether an offshore company based on the Seychelles or a firm registered in Lithuania, so if you are thinking about opening a trading account with them better read this review first.
|Account type||Min. deposit||Max. leverage||Spread s|
|Gold Account||$5 000||n/a||n/a|
|Platinum Account||$25 000||n/a||n/a|
|VIP Account||$100 000||n/a||n/a|
Lots of underlying
One possible advantage about the broker could be the comprehensive list of underlying assets on which one can buy binary options – lots of stocks, 14 indices, gold, silver, copper, natural gas, oil, 25 currency pairs and even crypto coins like Bitcoin, Ethereum, Litecoin and Ripple.
Binary options, however, are banned on the European market altogether, but if you want to trade the forex markets, or buy crypto assets, here you may always check our list of forex brokers offering bitcoin CFDs:
Not regulated, unclear ownership
On its homepage we read that FiNMAX is owned by Max Capital Limited, which is supposedly registered on the Seychelles, while from their Terms and Conditions we learn that the company behind the broker is based in Lithuania and is called Gatelinas, UAB. Also for some reason FiNMAX says its operational address is in Bulgaria – see for your self:
In any case, we checked the registers of the official financial regulators both in Lithuania and Bulgaria and were unable to find the above mentioned companies there.
Have in mind that the financial markets in the European Union are strictly regulated and any company offering financial services there should be licensed and authorized by a legit national regulator such as the Financial Conduct Authority (FCA) in the UK or the Cyprus Securities and Exchange Commission (CySEC).
A legit forex license guarantees your money will be handled properly and that you will not become a victim of a scam. And European brokers are even required to participate in client compensation schemes – for example if you trade with a FCA broker your account will be insured for up to 85 000 GBP, which will be payed back to you in case you broker happens to be insolvent. Here you may check our list of brokers regulated in the UK:
We understand that since the European Securities and Markets Authority (ESMA) banned the sale of binary options in July last year, brokers offering such services had to go offshore. May be this is the case with FiNMAX and yet, we can not recommend a unregulated broker, because of the unreasonably high risks involved.
FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.
FinMax review – 5 things you should know about Finmaxbo.com
Beware! FinMax is an offshore broker! Your investment may be at risk.
RECOMMENDED FOREX BROKERS
Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.
FinMax is Forex brokerage registered in Seychelles. It focuses on binary options trading and provides a web-based trading platform. We could see a maximum payout of 83 percent which falls short to what we would consider favorable for traders. The required minimum deposit is the standard $250.
FinMax regulation & safety of funds
The company behind FinMax is registered in the Republic of Seychelles with the name Max Capital LTD. Here is a screenshot:
We learn through the website that the brokerage is regulated by the Financial Services Authority of Seychelles. Here we remind readers that the financial regulator of Seychelles – the FSA – cannot compare with prestigious regulatory agencies in Europe, most importantly because it does not provide participation in a financial mechanism by which client’s losses may be recovered in case of bankruptcy or fraud. There is also no assurance for the segregation of accounts which exposes the clients to the possibility of commingling – combining the broker’s finances with that of the client. Furthermore, the agency requires a starting capital of the meager $50 000 while CySEC requires at least $730 000.
The brokerage does provide a web based trading platform and offers a test-drive as well, which isn’t something common with scammers. Through the demo account we were able to get a glimpse of the platform. Here is a screenshot:
On it we could see that the maximum payout is at 83 percent on EUR/USD which is quite low and disappointing. We remind readers here that throughout Europe binary options trading has been banned and offshore brokerages are those that mostly provide this service to traders. Of course there are unregulated EU brokerages that are operating illegally which also offer it, however, we urge readers to steer clear of such firms.
Putting all that aside, the lack of credible regulation inclines us to suspect that potential clients of the brokerage may be open to substantial risk.
Traders needn’t have to worry themselves with such risk if they choose to trade with a brokerage regulated and authorized by a prestigious regulatory agency. Such agencies are the FCA in the UK or CySec in Cyprus which have been leading names in Forex trading for some time now. Their regulatory framework is composed of a number of strict rules which prevent clients from falling victims to fraud. Such rules include the segregation of accounts which assures that commingling with the client’s money is not possible. Furthermore, a license by such a regulatory body entails participation in a financial mechanism by which clients may be compensated if they suffer losses due to fraud or bankruptcy. With the FCA the compensation is up to 85 000 pounds, where as with CySEC it is up to 20 000 euro per person.
FinMax deposit/withdrawal methods and fees
Potential clients of the brokerage may deposit or withdraw via the standard Visa and MasterCard, as well as bank transfer and e-wallets Neteller, Skrill, QIWI, WebMoney and Yandex, as well as Santrapay.
In the terms and conditions the brokerage openly states that there are withdrawal fees. Here is a screenshot:
The brokerage has nicely outlined the fees for every payment method which we view as an advantage. They are as follows: 3.5 percent for credit cards, Neteller, QIWI and Yandex, $25 for wire transfer, 2 percent for Perfect Money and Skrill, as well as 0.9 percent for Webmoney and 7 percent for Bitcoin. Furthermore, we read that there bonus withdrawal conditions. Here is a screenshot:
It is quite common for Forex brokerages to tie a bonus promotion with trading volume requirement. With the case of FinMax, however, the trading volume requirement is unspecified which works in favor for the brokerage, but not so for the trader. If we had to guess – the trading volume requirement is absurdly high on purpose so that withdrawing is pretty much impossible.
This is why we remind readers of all the ways a trader may test the brokerage’s intentions. Firstly, traders are advised to always put up only the required minimum deposit, instead of risking a bigger amount with no certainty. Afterwards, they may also try to withdraw a small amount in order to check for any unexpected fees or delays. Such fees and delays are usually the signs of a scammer.
How does the scam work?
Besides judging the brokerage beforehand through the info given on its website, a valuable piece of information in the trading world would be precisely how a scam would go about. Here is a description of the typical three steps:
Through clicking an ad with promises for fast money, you will be redirected to a website such as Bitcoin Evolution or Crypto Cash where registration will require you to give your address, email and phone number. After sharing your personal information, you will being receiving calls from brokers, compelling you to invest with them and win big. After a few minutes hearing their pitches, you decide to deposit some $200-250. And just like that – the scammers take a fat commission from this initial deposit.
After they are done with you, senior scammers begin working you into putting even more money. They say it’s the only way to profit from trading even more. After making the mistake of investing even further, you’ll begin wanting to get out of this and withdraw what you have left.
Unfortunately, the con-artists have no such thing in mind. They will now begin persuading you to wait it out and not withdraw right now. The motive here is quite straightforward – traders have a limited time window for filing a chargeback with their bank and get their money back. The “recovery department” will simply want to mislead you into missing this crucial period and, along the way, losing any chance you might have of getting the money back.
What to do when scammed?
As was mentioned above, scamming is quite the common in the trading world and, sadly, even you might suffer from it. In such an unfortunate case there still may be some available options for you.
You may contact your bank or credit card provider and file a chargeback. The growth of scammers that are spawning everyday in forex trading has forced both financial services giants Visa and Mastercard to step up and take action. MasterCard has already increased the previous time period of six months for filing a chargeback to a year and a half, effectively bypassing the “recovery department” part of the scam.
If, however, you have provided the broker with your credit card number and CVV code, immediately cancel your credit card.
If you have given information regarding your online banking pass – you should switch it asap!
Beware of potential calls from self-described “recovery agencies”! They prey on scammed and vulnerable traders who are desperate to recover their losses. They will require an “up-front” payment to help you, but after paying them, no such help will be coming your way!
Честный обзор методов заработка в сети!
В наши дни становится всё сложнее и сложнее найти реальные отзывы о какой-либо компании, особенно, если в продвижение вкладываются внушительные средства. finmaxbo.com является стабильным клиентом ботоферм: за копейки люди, которые даже не подозревают о реальном положении дел на этом фейковом брокере, выступают на его защиту, рассказывают о своём положительном опыте и перспективах развития. Их очень легко вычислить: вместо адекватной реакции и предоставления доказательств собственной успешной торговли, они начинают отправлять вас на платформу для того, чтобы вы убедились в её порядочности сами.
Ситуация не улучшается лишь потому, что мошенники вкладывают огромные средства в продвижение. Как мы упоминали, торговать на FinMax можно и другими способами, но исход будет идентичным. И наличие регуляции ЦРОФР вообще не имеет какого-либо значения, ведь, по официальным данным, контора базируется в Болгарии, а Болгария относительно недавно стала часть ЕС. Правда, в Европейском Союзе уже давно жёстко зарегулировали торговлю бинарными опционами, но мошенников это вообще не останавливает.
Таблица лидеров состоит из случайных имён и сумм. Все награды и отзывы аферисты придумали себе сами, так что не стоит доверять хотя бы одному их слову. И, когда они будут заливать вам в уши сладкие рассказы об успехе, помните о том, что никто не выводит деньги из finmaxbo.com .
Мастера и менеджеры сами свяжутся с вами для эффективного обучения. Адрес сомнительный, телефонов горячей линии нет, техническая поддержка вряд ли решит вам помочь.
Обзор и тестирование
Первый способ: вы новичок и кладёте от 5000 долларов для того, чтобы просмотреть как работают местные помощники. Они будут стабильно проигрывать ваши деньги, игнорировать вас и отказываться выводить средства. Когда поймут, что больше денег из вас не вытянуть – отправят считать звёзды на небе, то есть разбираться самостоятельно, что, как правило, завершается блокировкой вашего аккаунта.
Второй способ: вы опытный трейдер и пополняете счёт на 100-1000 долларов для того, чтобы проверить качество поставляемых услуг. Вам обязательно дадут менеджера, и он сольёт часть вашего баланса. К счастью, от него можно отказаться. Когда вы отыграетесь и соберётесь вывести деньги, «помощник» проведёт две минусовых сделки на весь ваш баланс (без вашего ведома), так что выводить будет нечего. И напоследок прочтите, как аферисты сливаются, за всю ответственность, за которую они обязаны отвечать:
Сайт bezobmana24.com не рекомендует данный товар.
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