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/10

FINMAX CRYPTO

Bulgaria Bulgaria | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://finmaxtradeoption.com/

Website

Rating Index

Contact

https://finmaxtradeoption.com/
14 Tsar Osvoboditel blvd. Sofia 1000, Bulgaria

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Bulgaria
Operating Period
5-10 years
Company Name
FINMAX
Address
14 Tsar Osvoboditel blvd. Sofia 1000, Bulgaria
Verified Site
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Official Website

Verified Site

  • finmaxtradeoption.com
    172.67.139.249
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
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    Creation Date
    --
    Website Name
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FINMAX CRYPTO

Related Companies

"ФИНМАКС" ЕООД(Bulgaria)
Bulgaria
"ФИНМАКС" ЕООД(Bulgaria)
Active
Bulgaria
Registration No. 202580689
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

FINMAX Review Summary
Founded2015
Registered Country/RegionVilnius
RegulationUnregulated
Market InstrumentsCryptoForex currency pairsStocksIndicesCommodities
Demo Account/
Leverage/
Spread/
Trading PlatformTrading View
Min Deposit/
Customer SupportPhone:+44 (208) 068-53-32
24/7 service
Physical Address: 14 Tsar Osvoboditel blvd. Sofia 1000, Bulgaria。
Email:support@finmaxtradeoption.com

FINMAX Information

FINMAX was officially established in 2015 and registered in Vilnius. Currently, FINMAX lacks valid regulations. FINMAX offers five asset classes, including forex currency pairs, stocks, indices, commodities and crypto. It also supports the self-developed trading platform.

FINMAX Information

Pros and Cons

Pros Cons
Customer support via emailMT4 and MT5 are not supported
Lacks valid regulation
Less information on the main website
Demo accounts are not available

Is FINMAX Legit?

FINMAX is an unregulated brokerage.

Is FINMAX Legit?

What Can I Trade on FINMAX ?

FINMAX offers five asset classes, including forex currency pairs, stocks, indices, commodities and crypto.

Finmax offers to trade with crypto assets (BTC, LTC, ETH, Ripple) but only CFD's.

Tradable Instruments Supported
Crypto
Indices
Forex currency pairs
Stocks
Commodities
ETF
What Can I Trade on FINMAX ?

Account Types

Information about account types is not disclosed on the official website.

To open an account, users will need to fill out personal information on this page, including name, password, email, referral Id (optional) and phone number.

then press the ‘SIGN UP’ button to complete the account creation process.

Account Types

FINMAX Fees

Accounts that have not traded for a certain period of time will be considered inactive by the company. These dormant accounts will be charged a maintenance fee.

If the balance is zero, no fees will be charged.

FINMAX Fees

Trading Platform

FINMAX offers traders trading view platform.

Trading PlatformSupported Available Devices
Trading ViewWeb,mobile
MT5/
MT4/
Trading Platform

Deposit & Withdrawal

Trading СFD may generate profit, which requires Finmax clients to deposit money on their online accounts. Profits can be withdrawn from the online account.

Deposit Policy

Deposits will be made via bank transfer, PayPal, Western Union.

The Company shall credit the relevant amount to the Customer's account within one business day of the bank account being cleared for the relevant amount.

Withdrawal Policy

Withdrawal requests can only be made through the personal account on the website and must be confirmed by the Client's nominated manager either verbally or in writing (in case of problems with the service provider).

After the confirmation, the withdrawal will be completed within 7-10 business days.

Deposit & Withdrawal

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

What is the regulatory status and risk profile of FINMAX CRYPTO?

FINMAX CRYPTO operates without valid authoritative forex trading licenses and is not overseen by any mainstream financial regulator, which constitutes a significant risk factor as it lacks the formal oversight that governs fund security and dispute resolution.

04-02
United States

Is FINMAX CRYPTO suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose FINMAX CRYPTO or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with FINMAX CRYPTO?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

¿Qué es WikiFX y cómo puede ayudar a los inversores?

WikiFX es una plataforma independiente que proporciona servicios de consulta de información sobre brókers de divisas y alertas de riesgo. Integra datos regulatorios, comentarios de usuarios y registros históricos, y realiza evaluaciones mediante un modelo multidimensional para ayudar a los inversores a comprender la situación general de un bróker y sus posibles riesgos. Este tipo de herramientas permite realizar una verificación preliminar antes de elegir un bróker.

Three days ago

¿Cómo se calcula la puntuación de WikiFX?

La puntuación de WikiFX se calcula mediante un modelo multidimensional que incluye el índice regulatorio, el índice de licencias regulatorias, el índice de capacidad operativa, el índice de control de riesgos y el índice tecnológico de la plataforma. La escala oscila entre 0 y 10 puntos. Además, la puntuación se actualiza dinámicamente en función de cambios regulatorios, tratamiento de reclamaciones y rendimiento histórico.

Three days ago

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

04-02
United States

Apa saja yang perlu diperhatikan saat memilih broker yang aman?

Saat memilih broker yang aman, investor perlu memperhatikan status regulasi, keamanan dana, dan transparansi kondisi trading. Disarankan memilih broker yang diawasi oleh regulator utama seperti FCA, SEC, atau ASIC. Selain itu, penting juga memastikan apakah dana klien disimpan secara terpisah, struktur biaya transparan, dan apakah terdapat catatan masalah penarikan dana atau keluhan pengguna. Skor WikiFX dan ulasan pengguna dapat menjadi referensi tambahan.

Three days ago
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