Glossary of the binary options trader terms finmax
The company is based in London, UK, and offers binary trading on currency pairs, crypto pairs and stocks. Traders can fund their accounts with a number of e-wallets, including Skrill and Neteller, as well as Bitcoin wallet. Finmax is currently offering only binary options products, but the company aims to also add forex trading and CFDs in the near future.
Thus far, it glossary of the binary options trader terms finmax some interesting features, such as Social trading, which allows users to copy trades from the top traders on the platform. There are more than 75 assets available for trading binary options on a simple High or Low prediction. Traders can easily choose a favourite glossary of the binary options trader terms finmax between currency pairs, crypto pairs, stocks and indices.
This platform comes with additional features, Social trading and Trading signals, implemented on the charts. Finmax uses the TradeSmarter platform, developed by a Singapore-based company. TradeSmarter works to simplify trading with solutions for the Forex and Derivatives industry. The platform allows traders to profit on currency pairs, crypto pairs and stocks.
Once you open a contract with a fixed return, you can manage risk with additional tools: Hedge, Sell back and Double up. The expiry time includes the popular second, second, 5-minute and 1-hour options. In fact, for each contract, traders can choose from 27 different expiries that include End of the day, End of the week and End of the month.
Finmax offers over 75 trading assets that include currency pairs, crypto pairs, indices, stocks and commodities. The price quotes are delivered by Leverate. The platform chart has some basic tools, and you can switch between area and candlesticks.
The timeframes are 1h, 2h and 5h. You can also check the Trader Sentiment for each trading asset. The Finmax app is available only for android devices, and it is currently not listed in the App Store. The app allows you to trade all types of binary options but misses many features on the web platform.
Social trading and Signals service. You can make the deposit before verifying the account, but if you want to place trades, you will have to pass through verification. Once you send a copy of the documents, your trading account should be verified in less than 24 hours. There are four different accounts at Finmax, and traders can switch between accounts by simply adding more funds.
If you need technical indicators, you will have to use the Meta Trader or TradingView platforms. The Finmax chart only offers basic indicators. Finmax allows traders to fund accounts with Bitcoin wallets, as well as the following e-wallets: Neteller, Skrill and Webmoney.
You can also use MasterCard or Visa, as well as wire transfer. Client support is quick via live chat. You receive instant and direct answers to all kinds of questions concerning the trading platform and your account. You may also contact Finmax via e-mail or phone. Beginners can watch free educational videos to become familiar with the trading platform and possible strategies. The broker also runs weekly webinars that you can join for free. Currently, Finmax does not accept clients from the following countries: Finmax seems to be a trusted broker among the majority of binary traders but still has room to improve.
Finmax should definitely speed up the withdrawal process up to 24 hours maximum. Glossary of the binary options trader terms finmax to main content. Finmax Review You are here Home. Currencies, Crypto, Stocks, Indices, Commodities.
Expiry time The expiry time includes the popular second, second, 5-minute and 1-hour options. Assets Finmax offers over 75 trading assets that include currency pairs, crypto pairs, indices, stocks and commodities.
Chart The platform chart has some basic tools, and you can switch between area and candlesticks. Mobile App The Finmax app is available only for android devices, and it is currently not listed in glossary of the binary options trader terms finmax App Store. Customer Support Client support is quick via live chat.