FinmaxFX Review 2023 Detailed Information about FinmaxFX Forex Broker

FinmaxFX Review 2023 Detailed Information about FinmaxFX Forex Broker

finmax review

It provides an innovative platform that offers traders more than 75 assets for trading in indices, equities, commodities and currency pairs on major financial markets. Finmax offers options with expiry times ranging from 30 seconds to 1 year. The company services both the Bulgarian and foreign markets and uses one of the best software platforms in the industry. Moreover, Finmax FX’s trading platforms are user-friendly and feature advanced tools, such as charting and technical indicators, and mobile apps for trading on the go. The broker’s customer support team is available 24/5 to assist clients with any inquiries or issues they may have. All in all, Finmax FX is a dependable broker for traders who seek a secure and comprehensive trading experience.

Mobile Trading

Funding can be done using credit and debit cards–Visa and MasterCard, as well as Qiwi Wallet and WebMoney. Finmax provides a selection of educational videos and trading strategies, as well as webinars. A comprehensive range of free market analysis is also given, as well as an up-to-date economic calendar. The ‘Advanced charts’ page is available for analysis only. Weeks were gone and the money “never” arrived – my bank confirmed me 100% that the Bank from Finmax should receive the money, but the Lady told me everytime no we dont received the money…

finmax review

Fees, Payouts and Trading Features

finmax review

There are terms and conditions stipulated on the website on how to withdraw the bonus money. Accounts with a balance of less than $ 5 will have the amount reduced to zero after a one-month period of inactivity. Traders that request a deposit with no trading activity will be charged a 5% fee.

Get Your Money Back From These Scammers!

I decided in Nov 2020 to withdraw the funds remaining of $320 as I was moving away from trading. 3 weeks later, still no contact so I sent them a message and was told I had a new account manager, who i spoke to and they tried to get me to stay on board but I refused and wanted my money back. I told her that I just wanted my money as the previous 2 account managers did not do anything. I was then inundated with calls to invest with Crypto saying I was showing interest in their services. I checked the account this month and now they have taken money out my account as a “inactivity fee” for the last 3 months which meant I had $8 left in my account. These cowboys keep stalling you and stalling you until you just give up and then they can take the money in “fees”.

Can you trade energies with Finmax?

Finmax offers all its new clients a risk-free trade as their first trade. Up to $1,000 may be risked on this trade, but the maximum amount is also governed by the proportion of the total amount deposited in the account. Finmax offers trading using only its own proprietary trading platform.

If you’ve ever fallen victim, you should seek help and report them to asset recovery companies like ewealthrefunds(dot)org, they are one of the best chances of getting your money back. If you are Having issues on your account, seek help from someone you trust like Com for your withheld funds. I consulted him for help after making my personal research on the expert and now, he puts me through on any investment I plan to make. Also, make your own personal background checkup on any platform before you invest and hope for good things to happen. FinmaxFX has just been on the market since 2015; however, thoroughly researching this company, we found that its services and reputation are not inferior to long-standing brokerage firms.

  1. For more information, beginners can watch video tutorials or ask the support for service.
  2. Our proprietary rating algorithm takes all of the datapoints to generate the rating.
  3. The broker requires a $250 minimum deposit, and withdrawal times vary by account type.
  4. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as Pepperstone and TMGM.

If you are unwilling to trade with real money right away, you can start with a demo account. This is a free account with $1,000 virtual money, allowing you to practice trading without risks. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to our users.

One of the attractive points of FinmaxFX is that it offers a generous welcome bonus and plenty of promotions. The higher-level your account is, the bigger the bonus and promotions are. The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply. Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.

You can ask them for a 1 v 1 coaching or trading tutorials. In addition, there are webinars and daily analyses for each customer. Improve your own strategies or search for trading ideas from Finmax. At finmaxbo you can easily deposit and withdraw within 24hours.

After choosing your order type and position details, leverage, and getting the spread, your order appears in the window below. Regulators ensure that brokers under their supervision maintain the highest standards of security and transparency for customer information, funds, and their own web assets and trading platforms. What results is an ecosystem where traders are confident that the system is working towards their best interests. The broker does not ignore traders with little experience. This is why it offers a demo account, which is made only for training needs.

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