Finmax is putting a lot of effort into creating as customized as possible trading accounts. Finmax review showed that there are 4 accounts to choose from. All of them are created with a certain type of trader in mind – from beginner to a professional.
UPDATE: Finmax also offers Micro-Deposit account with a minimum deposit in the amount of $10, with $1 minimum trade. Traders who opt for this account will have limited access to educational materials, social trading and signals until they reach cumulative $250 deposit.
Bronze account is the cheapest account that requires only $250 deposit. Traders get full access to all features as well as up to 25% bonus. They can take educational courses, and talk with the account manager, and even use the economy calendar. First withdrawal is free.
Silver account requires a deposit in the amount of $1,000. Traders get all benefits available with Bronze account, but can also enjoy 50% bonus and enjoy 48h withdrawals. Silver traders at Finmax, according to the review, can also take advantage of risk-free trades up to 25% of the deposited amount. Free webinars and one month of trading signals are also included.
Gold account can be opened with $5,000 deposit and has many useful features. Traders get + 2% return on all trades, and up to 75% bonus. Withdrawals are processed within 24 hours and there is assistance by personal account manager available. Unlimited access to trading signals, economic calendar, daily analytics, market reviews, technical and fundamental analysis are also available.
Platinum VIP account is available upon request, so minimum deposit remains a mystery. There are two senior analysts ready to assists Platinum VIP traders and manager that is available 24/7. VIP webinars, 4% returns per each trade and up to 100% bonus. Educational videos, free webinars, unlimited access to daily signals and other benefits. No fees are charged for withdrawals.
AS it was noted in Finmax broker review, there are many bonuses available for all traders. Bonus rules are listed in terms and conditions, but according to them, there is also a special Bonus Policy available. However, it was impossible to find it. Terms and conditions state that the required volume is x30 for every $1 bonus. There is no irregular withdrawal, once the bonus is accepted, and traders have to fulfill trading volume completely before requesting one.
Bonus terms are somewhat vague and it is not recommended to accept bonus unless trader understands all conditions that come with the bonus. Good news is that there is a free demo available. The demo account lasts for 7 days only and is equipped with $1,000 virtual money. Risk-free trades are also available, but terms and conditions remain unknown. General terms are never considering this feature.