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FinmaxFX Review

Broker Information Security Popularity Payment Spec Instruments Score
Security E
Popularity E
Payment A
Spec E
Instrument D
E
E
A
E
D
score 32
FinmaxFX
  Regulation 10
VFSC
  Security 38
Established 6-10 years
  Instrument 64
Forex
Crypto
  Platform 38
MetaTrader 5
  Payment 92
Credit/debit card
Neteller
WebMoney
Skrill
Qiwi
Wire
  Features 50
Bonus
Automated trading
  Spec 29
Fixed Spread

💲 Min Deposit $250

Year Established 2017

💼 Regulation

💡 Min Position 0.01 lot

🌐 Website affiliate.wow-partners.com

🌎 Country RussiaVanuatu

Max Leverage 1:200

💰 Bonus offers

FinmaxFX is a well-established broker since 2017. FinmaxFX has headquarters in Russia and Vanuatu. FinmaxFX to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by FMRRC (Russia) TSRF RU 0395 AA V0150 and VFSC 41072.


Account Information

Apart from the forex demo account, this broker offers Micro and VIP. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by FinmaxFX is up to 1: 200. Meanwhile, you can open an account with a starting capital of $250.

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Min Deposit

$250

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Max Leverage

1:200

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Spread

Fixed and Variable

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



💲 Min Deposit $250

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

💸 Commission

Instruments Traded

Besides lots of currency pair, FinmaxFX also offers some instruments you would like to trade on, such as Forex and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Micro account, FinmaxFX specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Crypto

Crypto
1:10


💲 Min Deposit $100000

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

💸 Commission

Instruments Traded

Besides lots of currency pair, FinmaxFX also offers some instruments you would like to trade on, such as Forex and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for VIP account, FinmaxFX specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Crypto

Crypto
1:10

Payment Methods

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

QIWI : Qiwi is an e-wallet or electronic payment service provider from Rusia that is introduced in 2007. The service is mainly used by individuals and businesses in Russia, Ukraine, Kazakhstan, Moldova, Belarus, Romania, the US, and the UAE.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

FinmaxFX also provides payment with Credit/debit cards and YooMoney



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitability by placing well-planned trades.

Hereby, FinmaxFX offers you MetaTrader 5.

Customer Support

Do you have any question or find any trouble related to FinmaxFX? If you do, you should reach FinmaxFX's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Arabic
English
Italian
Polish
Russian
Spanish
Thai

Office Support

Email Support

Call Support

Chat Support



FAQ About FinmaxFX

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if FinmaxFX is a good broker for you or not by reviewing the criteria. In general, FinmaxFX provides trading service in Forex and Crypto . As for the payment methods, you can choose between Credit/debit cards, Neteller, QIWI, Skrill, WebMoney, Wire transfer and YooMoney. The customer support is available via Email, Live chat, Phone and Web form.


The starting capital in FinmaxFX is $250.


FinmaxFX is regulated by FMRRC (Russia) TSRF RU 0395 AA V0150 and VFSC 41072. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


FinmaxFX is a brokerage company offering trading services for clients since 2017 with offices in Russia and Vanuatu.