It Has Been Verified: FinmaxFX Operates Https://finmaxfx.com/through The Website, And This Domain Name Was Registered On December 5, 2016.
The Company's Website Is Currently Defunct, Appears To Be Closed, And Details About The Company Are Not Immediately Available. Traders Are Requested To Be Extremely Cautious In Case They Are Deceived And Their Funds Are Damaged.
As For Regulation, It Has Been Verified That FinmaxFX Does Not Currently Have Any Valid Licenses.
You Can Approach FinmaxFX By Email: Support@finmaxfx.com, Or By Phone: + 44 (204) 577-05-30.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As A Phone Number Or Company Address.
Note: FinmaxFX As An Unregulated Broker Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible When Choosing A Dealer.
A Query Via The Internet Shows:
FinmaxFX Is A Forex And CFDs Broker Based In Vanuatu. It Is Operated By Max Capital Limited And Licensed By The Vanuatu Financial Services Commission (vfsc) Under License Number: 41072 And International Financial Marekt Relationship Regulatory Centre (ifmrrc) Under License Number: Tsrf Ru 0395 Aa V0150.
Market Tools
FinmaxFX Offers Investors A Range Of Financial Instruments Including Forex, Stocks, Cryptocurrencies, Energy Carriers, Spot Metals, Stock Indices, Commodity Futures, Bonds, And More.
Accounts & Leverage
Finmax FX Offers 6 Different Account Types. These Are Micro, Mini, Standard, Standard +, Premium, And VIP Account Types. Just Deposit $250 To Open A Micro Account.
$1,000 Is Enough To Open A Mini Account. A Minimum Deposit Of $25,000 Is Required To Open A Premium Account. The Trading Base Currencies For All Account Types Are USD, EUR And RUB. Maximum Leverage Is Up To 1:200. The Starting Spread For VIP Accounts Is 0.8 Pips And 1.8 Pips For The Other Five Accounts.
Trading Platform
FinmaxFX Provides Customers With Access To The Metatrader 5 Trading Platform Available For Desktop And Mobile Devices.
Deposits And Withdrawals
FinmaxFX Does Not Charge Any Withdrawal Fees. However, It Is Not Possible To Withdraw Money Without Passing The Verification Procedure. Traders Can Deposit And Withdraw Profits Using Credit Cards, Telegraphic Transfers, As Well As Electronic Payments From Skrill, Neteller, Webmoney, Yandex Money, Qiwi Wallet And Epayments.
Trading Hours
The Forex Market Allows Trading 24/7 From Monday To Friday. On Weekends And Holidays, The Market Is Closed. Trading Hours In The Forex Market Depend On The Trading Session. For Example, During The Asian Session, The Forex Market Centers In Tokyo, Hong Kong And Singapore Open From 00:00 To 08:00. During The European Session, The London Center Opens From 05:00 To 13:00. During U.S. Hours, The New York Center Is Open From 12:00 To 20:00.
Accepted Countries
FinmaxFX Does Not Open Accounts To Residents Of Certain Jurisdictions, Including Japan, Canada, And The United States.
Customer Support
Broker Customer Support Is Available By Phone And Email During Business Hours (08:00 To 20:00 - GMT + 3).
Education
On The Broker's Education Page, You'll Find A Range Of Educational Resources To Help You Hone Your Trading Skills, Including Webinars, Glossaries, Video Lessons, And E-books.
Risks
Trading On Margin Forex Carries A High Level Of Risk, Can Lead To Losses, And May Not Be Suitable For Everyone. High Leverage Can Work Against You Or Against You. Before Deciding To Trade Forex Or Contracts For Difference (CFDs), You Should Carefully Consider Your Trading Objectives, Level Of Experience, And Risk Appetite.
