FINMAX

General Information

Founded in 2015, FINMAX is allegedly a Bulgaria-based binary options broker that provides its clients with a web-based trading platform, various tradable assets, as well as a choice of five different account types.

Market Instruments

FINMAX advertises that it offers a wide-variety of trading instruments in financial markets, including options, CFDs on cryptocurrencies (BTC, LTC, ETH, Ripple), forex currency pairs, stocks, indices and commodities.

Account Types

There are five trading accounts offered by FINMAX, apart from demo accounts, namely Bronze, Silver, Gold, Platinum and VIP. Opening a Bronze account requires the minimum initial deposit amount of $250, while the other four account types with the minimum initial capital requirements of $1,000, $5,000, $25,000 and $100,000 respectively.

Trading Platform Available

When it comes to trading platforms available, instead of the industry standard MetaTrader4 and MetaTrader5 platform, FINMAX only gives traders a web-based binary options trading platform.

Deposit & Withdrawal

From the logos showed at the bottom of home page on FINMAXs official website, we found that this broker accepts payment methods via PayPal, Western Union, Bank Transfer. The minimum deposit amount is $250. Withdrawal requests usually can be processed in 7-10 business days.

Customer Support

FINMAXs customer support can be reached through email: support@finmaxtradeoption.com or online chat. Company address: 14 Tsar Osvoboditel blvd. Sofia 1000, Bulgaria.