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FINMAX

Bulgaria|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://finmaxbo.com/en

Website

Rating Index

Contact

+44 (204) 577-05-30
support@finmaxbo.com
https://finmaxbo.com/en
https://www.facebook.com/finmaxcom/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+44 (204) 577-05-30

French

+44 (203) 769-07-54

Spanish

+34 (93) 737-03-85

Russian

+7(499) 703-03-48

Broker Information

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Company Name

FINMAX

Company Abbreviation

FINMAX

Platform registered country and region

Bulgaria

Company website
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Facebook

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-03-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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FINMAX · Company Summary

General Information & Regulation

Finmax is a relatively new online binary options broker. Launched in 2015, its a subsidiary of the Morris Processing Limited. The holding company is registered in the UK with their headquarters located in London. Finmax also has an operational office located in Sofia, Bulgaria. Finmax is not subject to any regulate at this stage.

Markets Instruments

Finmax advertises that 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.

Minimum Deposit

There are four different account types to choose from at Finmax. The Bronze account can be opened with a deposit of as little as $250, and $1000 is sufficient to open a Silver account. Opening a Gold account requires a minimum deposit of $5000, and A Platinum VIP account may be opened with a negotiable, larger minimum deposit.

Commissions

Like most online brokers, Finmax doesnt charge a commission on trades. With regard to fees, the platform will deduct a withdrawal fee for Bronze, Silver and Gold accounts.

Trading Platform Available

The only trading platform offered by Finmax is their proprietary platform. No download is necessary and the platform can be accessed by clicking the platform tab after completing the account registration. The platform comes with an inbuilt, unique app called “Social Radar”, which adds a social trading element to the Finmax experience. It allows a user to spot Finmaxs leading traders and to copy what these winners are doing to a certain extent, including making the same trades as them in real time.

Deposit& Withdrawal

The minimum deposit amount is $250 or its equivalent in another currency. Funding can be done using credit and debit cards--Visa and MasterCard, as well as Qiwi Wallet and WebMoney. Withdrawals may be made in the same manner as deposits.

Customer Support

Customer support is maintained in the U.K., Bulgaria, Cyprus, Australia and Canada. Traders can contact a Finmax representative by telephone or skype during working hours and can use email anytime of the day.

Educational Resources

The Finmax website offers a wide choice of educational material. There are a range of videos on several topics including trading psychology and options trading strategies, as well as a platform overview and binary e-book.

User Reviews

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2

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FX1246641995
more than one year
There is no need to waste time here, friends, the company's website is no longer open. I think there's a good chance it's a scammer, or just incapable of continuing its business. Anyway the company has disappeared.
2023-02-20 15:31
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0
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人无完人
more than one year
They scam you into making a deposit promising high returns.... once you deposited the money, they say that you have to deposit more before you can draw your profits... don't fall for this its a scam... I’m still trying but it is difficult to track down these scammers...
2023-02-16 13:44
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