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FinMax Broker Review: Is finmaxbo.com Scam or Trustworthy?

FinMax Broker Review: Is finmaxbo.com Scam or Trustworthy?

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Have you heard of this new broker called FiNMax? And if yes, do you think they have what it takes to fulfill your dreams as far as trading binary options is concerned?

Well, you can be sure of the fact that this trading platform is very reliable. Notice their professionalism, which is also an indication of how serious this company is in running its operations.

FiNMax has also built for itself a good name in the course of its operation. They’ve won a few awards here and there, plus they are assuring their clients of safe, transparent trading where everyone ultimately wins.

It’s easier said than done, which is why you should read this FiNMax review to find out if they are worth your time and investments.

Background of FiNMaxbo

Website: https://finmaxbo.com/en

The first thing that we always look for when analyzing reputable companies is their background.

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At least we know that FiNMax is run by a company called IK Partners LTD. The parent company is regulated by Financial Market Relations Regulation Center or FMRRC. This organization was created to regulate the markets and those who participate in it.

Even though FMRRC is not a mainstream regulator, it is certainly encouraging to learn that a regulation exists where this company operates from.

What we love about FiNMax in a nutshell

We’ve never encountered any serious complaints directed against this company. If it was a scam, we would have at least heard of cases where clients were either treated poorly or stolen from.

So far, they’ve implemented a nice trading platform for binary options. The user interface is well polished and neat. Useful buttons are strategically positioned for the convenience of their traders.

In fact, we also noticed that their mobile user interface was way better than what we currently have in the market right now.

Interactivity is smooth and everything works like the fine working of a Swiss watch.

Also, it’s worth noting that the advanced charts offered by FiNMax are provided by TradingView. This means that we can afford a host of indicators as well as other features that facilitate convenient trading.

What are the features offered by FiNMax?

First off, let’s talk about the most important things, which is the account types being offered here.

There are 4 types of accounts so far. These have been named Bronze, Silver, Gold and Platinum VIP respectively.

Bronze account was designed for starters who want to start trading with a minimum of $250. It still has great features though. These include over 75 different assets to trade, 25% bonus, educational materials, economic calendar, and a host of other features.

If that account doesn’t sufficiently address your needs, you can upgrade to Silver as well. It needs a minimum investment of $1000. It comes with all features that are found in the Bronze account. But you also get the benefit of a personal account manager and quicker withdrawal times.

Bonuses are more generous here. In fact, the more you upgrade, the more bonuses you are entitled to. However, for clients who can afford VIP treatment, the best account to go for is the Platinum status account. Inquire from FiNMaxbo to learn how much you can invest to get started with this account.

Other critical features which gives FiNMax an edge

It seems that FiNMax is always striving to beat the competition because they are fairly new. They’ve only been around for close to 2 years now. However, their achievements are so far remarkable.

On that same note, we can see that FiNMax is offering a demo account for traders who would love to get a hang of it before deciding to open a live account.

We also realize that FiNMax is dealing with a wide range of assets and contracts that expire in 30 seconds, all the way to 6 months.

finmaxbo features
finmaxbo features

The kind of trading that you choose on this platform depends on whether you are aggressive or just a conservative trader.

The minimum investment for purchasing a contract is $5 only. This is very affordable, plus it gives everyone a fair chance to take part in the markets — even those who invest as little as $250.

Finally, FiNMaxbo is assuring their clients of instant executions and zero spreads. These trading conditions are conducive to traders of all levels. You can rest assured that FiNMaxbo is a transparent broker who doesn’t get involved in dirty games behind the curtains.

Banking options

FiNMaxbo has put in place a number of banking options to facilitate convenient funding and cashing out. They support nearly all payment methods you can think of.

We are actually talking of a broker who accepts MasterCard, Visa, Wire Transfer, and e-Wallets. You can never run out of options when it comes to funding your account or cashing out your profits.

Withdrawal of funds

A normal withdrawal from a basic account will take up to 5 days. This is a big limitation for those who will choose to open this account.

However, if you choose the top-tier accounts, this period can be dramatically shortened to 48 hours or even 24 hours depending on the account which you hold.

It is also important to note that FiNMaxbo has strict anti-money laundering policy which requires that you must submit all identification documents before using their platform to conduct your trading activities.

These documents can also be requested from time to time whenever you’re cashing out.

Commission, support and return on investment

The broker says that no commission will be charged on contracts. As a client of FiNMaxbo, you will get returns in the excess of 90% of the sum invested on a contract.

They’ve since added a live support which can be accessed in the chatting function. It seems you can chat with them round the clock. You can also leave messages behind which will be responded to without fail.

Website extras

FiNMaxbo has a user-friendly education center where all users can learn a thing or two. Whether you are a newcomer or all too familiar with trading binary options, this section of the site will still be of good use to you.

Another thing is that their bonuses are extremely generous. Sometimes clients even get 100% bonus on deposits. This gives them full advantage and capacity to take even more trades since they have a huge financial capacity to do so.

finmaxbo.com
finmaxbo.com bonuses

Finally, the platform is visually appealing, which should put in you the urge to trade even more with them.

Conclusion

Lots of online reviews have painted a positive review concerning this broker. FiNMaxbo seems to be doing everything right, and this may be the reason why they are getting 5 stars in other reviews.

Keep in mind that they are still new, which is why we don’t have people talking bad things about them. But even then, 2 years of operation is a very long time. Scams do more damage in one day, so let’s forget what they can do in a span of 2 years.

We like FiNMaxbo broker because they have a different approach from many other brokers in the market. Their platform for trading is developed in-house, plus they really pay attention to what traders want. For example, if you love the charts, you will get plenty of it here. Myriads of features have also been added to embellish the platform and make it overly attractive. Sign up with them here.

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15 Replies to “FinMax Broker Review: Is finmaxbo.com Scam or Trustworthy?”

  1. Been trading here since 2016 and have some comments as follows:
    – Finmax’s platform is pretty fast and stable, with very few disconnections.
    – The number of tradable a**ets are average compared to other brokers
    – Spread-free service, however it charges fee for common accounts.
    Hope it’s helpful for you when deciding to trade here

    1. The most important thing when trading CFDs is that you must count everything accurately. Too big leverage can make your investment burned very fast.

  2. I liked the Expertoption broker. Although I work in this industry relatively recently, I was satisfied with the results of my work. At least, everything works without any problems.

  3. Quite a good Expertoption broker. Problems in the process of work did not arise – everything works fine. In my opinion, the company is quite worthy of attention.

  4. It’s quite profitable to work with Expertoption. Yes, and just try to give everyone an opportunity, because the deposit is so small

    1. Finmax muss geschlossen werden. Ich wurde von dem Finmax Mitarbeiter Martin Meier nach unten getradet und habe dann nur einen Teil ausgezahlt bekommen und das nur unter Androhung Interpol und die Staatsanwaltschaft einzuschalten. Finmax ist Betrug. Ich bitte alle Opfer zur Einleitung einer Sammelklage sich an [email protected] schriftlich zu wenden.

  5. Finmax muss geschlossen werden. Ich wurde von dem Finmax Mitarbeiter Martin Meier nach unten getradet und habe dann nur einen Teil ausgezahlt bekommen und das nur unter Androhung Interpol und die Staatsanwaltschaft einzuschalten. Finmax ist Betrug. Ich bitte alle Opfer zur Einleitung einer Sammelklage sich an [email protected] schriftlich zu wenden.

  6. agree with this article as i have being a victim of these fake brokers. I invested about $590K MAGNUM option and
    all could do in my first withdrawal was $59k. Then my money started going down the drain till i was left with only
    the bonus they said i couldn’t withdraw until i fund my account again. The trend continued and i lost everything.

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