Cons
WARNING: The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.

FinmaxFX is a regulated trading broker that offers its clients access to trade over 400 financial instruments across different asset classes, such as indices, currencies, forex, commodities, and stocks via the highly advanced MetaTrader 5 trading platform. They offer competitive spreads from 1 pip and leverage of up to 1:200.

show 1 FinmaxFX Review, Pros & Cons 2 FinmaxFX Overview 3 FinmaxFX Regulation 4 FinmaxFX Countries 5 FinmaxFX Platforms 5.1 MetaTrader 5 6 FinmaxFX Trading Tools 7 FinmaxFX Education 8 FinmaxFX Instruments 9 FinmaxFX Accounts & Fees 10 FinmaxFX Support 11 FinmaxFX Deposit & Withdrawal 12 FinmaxFX Account Opening 13 FinmaxFX Summary

FinmaxFX Review, Pros & Cons
  • The sophisticated MetaTrader 5 trading platform
  • A range of trading tools
  • A selection of educational resources
  • Multiple account funding options
  • Over 400 trading instruments
  • Broker is located offshore
  • No US clients
  • Not the lowest spreads
  • No live chat support
  • In this detailed FinmaxFX review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

    FinmaxFX Overview

    FinmaxFX is an online financial services provider that offers forex and CFD trading through award-winning trading platforms, with reasonable spreads, rapid trade execution speeds, and 24-hour live support. Clients also get access to a range of trading tools and educational resources.

    FinmaxFX Regulation

    FinmaxFX is the trading name of Max Capital Limited, which is authorized and regulated by the Vanuatu Securities and Exchange Commission (VSEC) with license number, 41072 and is also authorized by the Vanuatu Financial Services Commission (VFSC). The broker also has the official regulation of the International Financial Market Relations Regulations Center (IFMRRC).

    FinmaxFX Countries

    The broker states that it does not open accounts for residents of certain jurisdictions, including Japan, Canada, and the USA.

    Some FinmaxFX features and products mentioned within this FinmaxFX review may not be available to traders from specific countries due to legal restrictions.

    FinmaxFX Platforms

    MetaTrader 5

    The broker provides traders with the sophisticated MetaTrader 5 trading platform. It is widely used by traders around the world for its intuitive and user friendly interface. The platform offers advanced financial trading functions, as well as superior tools for technical and fundamental analysis. It supports automated trading using trading robots and copying trading signals.

    MT5 is available as a desktop application for Windows and Mac computers; a WebTrader that runs directly on most modern web browsers, and a mobile app that works on Android and iOS devices. The mobile trading platform is useful for those who need to access their trading account and manage positions whilst on the go from anywhere in the world provided there is an internet connection.

    mobile trading platform

    FinmaxFX MT5 Platform

    FinmaxFX Trading Tools

    The broker provides clients with a range of useful trading tools, which are geared towards enhancing their overall trading experience. They include analytical tools, such as Financial News, Technical Analysis, Market Reviews, Trading Signals, and an Economic Calendar.

    FinmaxFX Financial News

    FinmaxFX Education

    On the broker’s ’Education’ page, you will find a good selection of educational resources to help you hone your trading skills, including webinars, glossary, video lessons, and E-books.

    FinmaxFX Instruments

    FinmaxFX offers over 400 financial instruments across different asset classes, including indices, currencies, forex, commodities, and stocks for trading online.

    FinmaxFX Accounts & Fees

    The broker offers a wide variety of trading account types, which are designed to suit each trader’s needs and capital. The account types include Micro, Mini, Standard, Premium, and VIP Accounts. The required minimum deposits range from $250 on the Micro to $100,000 on the VIP Accounts.

    trading account types

    As broker fees can vary and change, there may be additional fees that are not listed in this FinmaxFX review. It is imperative to ensure that you check and understand all of the latest information before you open a FinmaxFX broker account for online trading.

    FinmaxFX Support

    The broker’s customer support is available during working hours (08:00 to 2:00 — GMT +3) via telephone and email.

    FinmaxFX Deposit & Withdrawal

    The broker accepts the following payments methods:

  • Bank transfer
  • Credit/Debit Cards (Visa, MasterCard, Maestro)
  • E- Payment Processors — such as Neteller, Skrill, QIWI, YandexMoney, Webmoney, and more.
  • FinmaxFX Deposit & Withdrawal Methods

    FinmaxFX Account Opening

    To open a trading account, click on the ’Open Account’ icon and fill out the form and submit. You will need to verify your documents and fund your account to start trading online.

    start trading online

    FinmaxFX Account Registration

    It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.

    FinmaxFX Summary

    FinmaxFX is a multi-regulated broker that offers over 400 tradable assets for trading via the MT5 platform. They provide traders with educational resources and some helpful trading tools. The broker is located offshore and the trading brokers review team did not find them to have the lowest spreads whilst there is no online chat support.

    trading brokers review

    Trading Forex and CFDs on margin carries a high level of risk due to leverage and may not be suitable for everybody. You could sustain a loss of some or all of your initial trading capital and therefore you should not deposit money that you cannot afford to lose.

    Min $250 Deposit

    FinmaxFX is an online financial services provider that offers Forex & CFD trading via intuitive trading platforms, along with competitive trading conditions, trading tools & educational resources.

    Finmax Review Details

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    Finmax Review
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