Binary options are prohibited in the European Economic Area. 83% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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76% OF RETAIL INVESTOR ACCOUNTS LOSE MONEY WHEN TRADING CFDS BINARY OPTIONS ARE PROHIBITED IN EEA

FinMarket Broker Review

FinMarket

FinMarket is an online broker specialized in the trading with Forex and CFDs. Also, other services offered by FinMarket includes currency pairs, commodities and indices trading. FinMarket broker is based in Cyprus and it is owned by K-DNA Financial Services Ltd. The transparency and tight spreads along with the efficient platform have brought more popularity among traders and placed FinMarket for one of the most popular brokers around. In this review, we will explain to traders all the benefits, tools and features that broker provides so we advise keep reading.

Account Features

The advantage of each broker is the ability to trade in a different way, with a certain amount of deposits and the terms corresponding to traders.

FinMarket provides its users with 4 account types that we will present to you below:

Mini Account

  • Minimum Deposit $250
  • 24 Hours Support
  • Demo A/C
  • Margin 40%
  • 24 FX pairs
  • 10 Commodities & Indices
  • Leverage 1:50
  • Negative Balance protection

Standard Account

  • Min Deposit $1,000
  • 10 Commodities & Indices
  • 24 Hours Support
  • 26 FX pairs
  • Daily Market News
  • Dedicated A/C Manager
  • Demo A/C
  • Islamic A/C
  • Leverage 1:50
  • Margin 40%
  • Negative Balance protection
  • Personalized Updates
  • SMS Alert
  • VOD Library

VIP Account

  • Min Deposit $5,000
  • 24 Hours Support
  • 28 Fx pairs
  • Automatic Notifications
  • Daily Analyst Tips
  • Daily Market News
  • Dedicated A/C Manager
  • Demo A/C
  • Direct Access to Trading Manager
  • Full range of Commodities & Indices
  • Islamic A/C
  • Leverage 1:50
  • Margin 30%
  • Negative Balance protection
  • Personalized Updates
  • SMS Alert
  • VIP Trading
  • VOD Library
  • Hedging Permitted

Premium Account

  • Min Deposit $100,000
  • 24 Hours Support
  • 28 Fx pairs
  • Automatic Notifications
  • Daily Analyst Tips
  • Deep Liquidity
  • Daily Market News
  • Dedicated A/C Manager
  • Demo A/C
  • Direct Access to Trading Manager
  • Full range of Commodities & Indices
  • Islamic A/C
  • Leverage 1:50
  • Margin 25%
  • Negative Balance protection
  • Personalized Updates
  • SMS Alert
  • VIP Trading
  • VOD Library
  • Hedging Permitted

 

With the utmost diversity among accounts, we are sure that all traders, starting from beginner to expert to find an account that will provide all their needs. Also, at any time, you can contact the FinMarket support team or ask the account manager for more details explaining everything you are interested in.

FinMarket Bonus & Promotions

In terms of bonuses or promotions, FINMARKE the offers bonus that is specialized for quailifed traders:

  • No Spreads
  • No Commissions
  • Temporary benefit

However, we advise traders to contact their account manager and see all the information provided for the bonus. Also, in Terms and Conditions section, traders can educate theirself about the bonus and all information provided by the FinMarket team.

Trading Software & Assets

To help traders with their maximum trading flexibility, FinMarket has provided traders with a choice of 3 different trading platforms. From now, traders can choose between MetaTrader4 platform, the WebTrader, and the Mobile Trader. The last one becomes really popular because traders can trade ‘on the go’ in every moment.

FinMarket MetaTrader4

This platform is the most popular trading platform in the online trading community. It is developed by MetaQUotes and it is used by more than 90% of the forex brokers in the industry. MetaTrader4 is easily integrated with a broker and have advanced trading tools that are the key reason why this trading platform is so popular among the traders.

FinMarket WebTrader

This web-based trading platform allows traders to access directly their trading dashboard without downloading or installing any additional software or plugin. Since this platform is enabled with any internet devices, it gives traders an opportunity to trade whenever they want to.

The key features of this trading platform include:

  • Real-Time Charts
  • Social Trading Feature
  • Visual Trends
  • One-click Trading
  • Friendly Interface

FinMarket Mobile Trading

With the FinMarket mobile trading option traders are able to fully maximize their trading potential at any moment. This platform has been designed with all sophisticated trading features from WebTrader and MT4 platform and this way traders can use it onto the screens of the smartphone, Android, and any web device. This way, traders will not miss any trade or opportunity which can increase profit and trading efficiency.

Support Information

As we already know, customer support is an important part of a huge number of traders. The traders usually want to know a lot of information and get educated about the product. Apart from 24/5 access to the customer support, FinMarket also provided their customers with education tab on the website. This way, traders can access all the educational videos, webinars and articles through the academy created just for the traders.

In addition to contacting live chat support, traders can get the necessary information through:

  • Email
  • Web Contact Form
  • Telephone

Banking & Company Information

Payment Methods available with FinMarket Broker are standard as with most brokers in the market. The options offered for deposit with FinMarket are:

  • Bank Wire
  • Credit Card
  • Debit Card
  • Western Union
  • cashU
  • WebMoney

The withdrawal process usually lasts from 3-5 business days. The most common withdrawal method is most often the one with which you made a deposit.

FINMARKET is regulated by CySEC under the CIF license number 273/15