FinmaxFX review
FinmaxFX review: regulation (No), minimum deposit 250, leverage up to 1:200, platforms and current bonuses. Compare the latest forex bonuses, trading…
Trading conditions
- Broker type
- STP/ECN
- Minimum deposit
- 250
- Maximum leverage
- 1:200
- Minimum spread
- 0.3 pips
- Platforms
- Finmax FX MT5 Desktop, Finmax FX MT5 Web, Finmax FX MT5 Mobile
- Account currencies
- USD,EUR,GBP
Bonuses
- No deposit bonus
- No
- Welcome bonus
- Yes
- Other promotions
- Yes
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- No
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc.
- Withdrawal methods
- Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc.
Company
- Regulation
- No
- Founded
- 2019
- Country
- SVG
- Address
- Financial Services Centre, Stoney Ground, Kingstown, St. Vincent & the Grenadines
- Website languages
- English, Russian and more
- Phone
- +44 (208) 089-25-75
- Email or Skype
- [email protected]
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FinmaxFX pros and cons
Pros
- Regulated by No
- Raw spreads from 0.3 pips
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
- Trading platforms: Finmax FX MT5 Desktop, Finmax FX MT5 Web, Finmax…
Cons
- No no-deposit bonus at the moment
- Conditions and bonuses can differ by regulated entity
FinmaxFX FAQ
Is FinmaxFX a safe and regulated broker?
FinmaxFX was founded in 2019 and is regulated by No. Your protection depends on which FinmaxFX entity opens your account.
What is the minimum deposit at FinmaxFX?
The minimum deposit at FinmaxFX is 250. Payment providers may set their own minimum amount.
What is the maximum leverage at FinmaxFX?
FinmaxFX offers leverage up to 1:200. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does FinmaxFX offer a no deposit bonus?
No. FinmaxFX does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.
Which trading platforms does FinmaxFX offer?
FinmaxFX supports Finmax FX MT5 Desktop, Finmax FX MT5 Web, Finmax FX MT5 Mobile. Mobile trading is available.
Does FinmaxFX allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does FinmaxFX offer an Islamic (swap-free) account?
Yes. FinmaxFX offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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FinmaxFX at a glance
- RegulationNo
- PlatformsFinmax FX MT5 Desktop, Finmax FX MT5 Web, Finmax FX MT5 Mobile
- Account currenciesUSD,EUR,GBP
- LanguagesEnglish, Russian and more
- Phone+44 (208) 089-25-75
- Email / Skype[email protected]
- FaxNo
- Head officeFinancial Services Centre, Stoney Ground, Kingstown, St. Vincent & the Grenadines