According to our team’s research, FinMax does NOT provide demo accounts. We also found out that they do not rate highly in Google Trends and there is no significant data about them. As an alternative we selected the top brokers that provide a Demo account for free.
Top10BinaryDemo cannot confirm that FinMax can offer you a demo account. In order to avoid risking real money you can Proceed to an Approved Broker with Demo Account OR choose from the Top Demo Brokers:
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FinMax – Full Broker Review
FinMax is a newly released binary trading broker. Its main statement is related to high profitability, good customer support service and user-friendly interface of the trading platform. It will be difficult for this brokerage to become one of the most popular and preferred online trading partners as there are already some other really exceptional platforms on the market. However, if this broker really provides traders with good service and profitable trading results, it has it chances. In this review, we are going to take a look at the online trading platform in order to find out whether it is a scam or legit.
This broker consists of a team of market professionals assembled specifically in order to provide the best possible trading conditions to online investors. In addition, these specialists have been involved in the development of the technical specification in order to provide traders with an up-to-date platform that is suitable for both beginners and experienced traders.
Also, the online binary options brokerage have sufficient educational center. There are many e-books, videos, and webinars. They give you all the needed information for a successful trading process to be commenced. In addition to this training, there are also different news, analytic tools, economic calendar and market reviews.
However, due to the fact that this online binary options trading platform is still new and there is no feedback available, we cannot confirm the reliability of these statements and promises.
FinMax – Scam or Legit Broker?
As the platform is just recently launched on the online trading market, it is very difficult to find information about its trading process and performance. We only revealed that the broker is not licensed and regulated. There are also no users’ testimonials to confirm or deny the legit status of the trading tool.
Whatever the case, you need to be careful even with the most reliable brokers, because online binary options trading is always related to significant risk level. Therefore, we would advise you to read carefully the terms of the agreement with this broker when you make a registration and also to pay specific attention to the section about the bonuses.
However, at least for now it would be better for you to avoid dealing with FinMax and find another and really proven to work online trading partner.
Account Types at FinMax Broker
Bronze – the required minimal initial deposit amount for this account type is only $250. In addition, traders get up to 25% bonus, over 75 tradable assets, account manager, economic calendar, and free first withdrawal.
Silver – the needed investment here is set to $1,000. In addition to all features that are included in the Bronze account type, traders also get up to 50% bonus, fast withdrawals and rusk free trader up to 25% from your deposit amount.
Gold – investors must invest at least $5,000 in order to unlock this account type. They also receive up to 75% bonus, one free withdrawal per month, market reviews and unlimited trading signals.
Platinum – the most proficient account type. The bonus here can go up to 100%.
After our research we concluded that FinMax does not provide a demo account.
The lack of practice account and risk free trading makes this broker unsuitable for traders who want to learn how to trade without losing their investment.
I am David Raines, a Binary Options trader with years of experience in online trading. I write reviews of Binary Options Brokers, Auto Trading Software and Signals Providers.