FINMAX CFD Review for 2019

FINMAX CFD Rated 3/5
FINMAX CFD have a low rating. We recommend you look at one of their alternative brokers.
Good alternatives to FINMAX CFD

FINMAX CFD Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of FINMAX CFD we break down the pros and cons. What FINMAX CFD are able to offer, what countries FINMAX CFD are available in. Who FINMAX CFD are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Open FINMAX CFD's Website

As with any investment your capital is at risk, losses can exceed deposits.

At the bottom of this review you can also learn about some pretty good alternatives to FINMAX CFD

With this review we hope to help you see if FINMAX CFD is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding FINMAX CFD that will help you get off to a good start in the world of online trading.

FINMAX CFD what you should know

FINMAX CFD offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

With FINMAX CFD you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with FINMAX CFD platform.

FINMAX CFD are able to accommodate various levels of traders whether you are experienced or a beginner.


Are FINMAX CFD safe?

When choosing a broker like FINMAX CFD the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in , and in operation for 2019 years FINMAX CFD have a head office in Bulgaria.

FINMAX CFD is regulated. This means FINMAX CFD are supervised by and is checked for conduct by the International Financial Market Relations Regulation Centre regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to FINMAX CFD, this will be honored. If FINMAX CFD violate any regulatory rules their regulated status could be stripped.

Any payments funded to FINMAX CFD accounts by traders are held in a segregated bank account.

For added security FINMAX CFD use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with FINMAX CFD. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit FINMAX CFD

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like

  • Used by over 10,000 traders
  • Established in
  • Regulated by International Financial Market Relations Regulation Centre
  • Min. deposit from $0
  • unlimited demo account

What we don't like

FINMAX CFD General Fees

  • FINMAX CFD withdrawal fees varies on payment method
  • FINMAX CFD does charge inactivity fees

FINMAX CFD Commissions

  • FINMAX CFD does charge commission on CFD shares

What can you trade with FINMAX CFD?

You can trade a wide variety of instruments with FINMAX CFD over 99 instruments infact.

If you are looking at trading currency pairs FINMAX CFD offer over currency pairs.

Compare FINMAX CFD with Interactive Brokers and XTB below.

FX / Currencies finmaxcfd IB XTB
# of forex pairs offered 10 50
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes
Exotic forex pairs Yes Yes
Cryptocurrencies Yes No Yes
Commodity CFDs FINMAX CFD Interactive Brokers XTB
# of commodities offered 0
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs FINMAX CFD Interactive Brokers XTB
# of Stocks offered 1500
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
finmaxcfd's
Instruments
IB's
Instruments
XTB's
Instruments

Trading on FINMAX CFD web platforms and other applications

FINMAX CFD is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.

FINMAX CFD also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See finmaxcfd's platforms

FINMAX CFD Trading benefits :

  • Low min deposit

FINMAX CFD Trading Accounts offered:

  • Standard account
  • Islamic account

Can I try FINMAX CFD before I buy?

FINMAX CFD offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do FINMAX CFD accept?

FINMAX CFD offer the below funding payment methods. learn more about FINMAX CFD

  • Credit cards

How can I start trading with FINMAX CFD?

When opening a trading account with FINMAX CFD, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on FINMAX CFD trading platforms here.

Performing trades with FINMAX CFD

FINMAX CFD allow you to execute a minimum of trade of $ 1. This may vary depending on the account you open. FINMAX CFD allow you to execute a maxium trade of varies.

As a market maker, FINMAX CFD may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, FINMAX CFD offer margin up to % on currencies.

Support at FINMAX CFD

FINMAX CFD support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with FINMAX CFD

As FINMAX CFD is regulated by International Financial Market Relations Regulation Centre, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore FINMAX CFD's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with FINMAX CFD you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://finmaxcfd.com on 12th August 2018.

FINMAX CFD Frequently Asked Questions

Can I try FINMAX CFD before I buy?

FINMAX CFD do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do FINMAX CFD accept?

FINMAX CFD offer the below funding payment methods accept Credit cards, among other payment methods. Learn more here

How can I start trading with FINMAX CFD?

When opening a trading account with FINMAX CFD, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on FINMAX CFD trading platforms here.

Is my money safe with FINMAX CFD?

FINMAX CFD is regulated by International Financial Market Relations Regulation Centre. One of the most important criteria for traders when choosing a broker like FINMAX CFD is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to FINMAX CFD, this will be honored. If they violate any regulatory rules their regulated status can be stripped.