BrokAIr Reviews

Finmax Review

"Finmax has been accused of unethical practices when it comes to trading, such as price manipulation and creating false trading volumes. But is this enough to stop traders from choosing them as their go-to online broker?"

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Finmax Review: Overview

Finmax is an online broker that provides clients with access to the world’s financial markets. Founded in 2015, Finmax has quickly become one of the most popular and reliable online brokerages. Finmax offers a wide range of trading products including forex, CFDs, binary options, stocks and commodities. The company is regulated by the Financial Market Relations Regulation Center (FMRRC) which ensures that all its activities are safe and secure for its clients.

Top Pros and Cons of Finmax

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Founders of Finmax

Finmax was founded by a group of entrepreneurs from Russia with backgrounds in finance, technology and trading. The founders have over 25 years of experience in the financial markets. They set out to create an online brokerage that provides clients with access to the world’s financial markets at competitive prices.

Public Opinion of Finmax

Overall, Finmax has received positive reviews from its clients. The company's user-friendly trading platform, competitive spreads and commissions, and excellent customer service are among the most cited reasons for their satisfaction. Some clients have also reported good experiences with their account managers who provide helpful advice.

However, some clients have expressed dissatisfaction with the limited number of payment methods accepted, as well as the high minimum deposit requirement. Additionally, some clients have complained about the lack of education and research tools available.

News About Finmax

Finmax regularly updates its website with news about the company.

. For instance, in 2019, Finmax was awarded a certificate by the FMRRC which recognizes the company’s adherence to international standards of client protection. In 2020, Finmax launched its own mobile trading platform allowing users to trade on the go. Recently, Finmax opened a new office in London giving European customers access to local customer service.

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