In our Finpari review, we will introduce traders to the new player in the binary options industry. Finpari is a relatively new broker, established in 2014, who has managed to create a great platform for many traders who have recognized its potential in really short time. This new broker offers a great variety of trading assets, but also an amazing educational center that is useful as well.
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As a relatively new broker, Finpari had to create appealing accounts that will attract new trades. Today, this broker has three account types in its portfolio with $250 being a minimum deposit. In our Finpary review, we realized that one of the many amazing features this platform offers is that it is open for US traders which can be considered quite rare nowadays.
Bronze Account can be open with minimum $250 deposit, and it guarantees really fast money withdrawal within 1 hour. This withdrawal period is incredibly and unusually short, since it usually lasts between 24 and 72 hours. Traders can expect bonuses starting from +20% deposit amount. All traders get initial trading course via video and reading the material, what is great for inexperienced traders who have a lot to learn before placing the first trade.
Silver Account is created for traders who already know rules of binary options trading. Minimum deposit is $1,000, and it enables fast 60-minute withdrawal and educational materials that include Master class as well. What is interesting is that Silver Account has a demo account that helps traders to learn more about trading strategies, but also gives them the opportunity to get familiar with the interface. With Silver Account first 3 trades are risk-free and there is trading protection, but make sure to read Terms & Conditions well, since there are some rules that apply. The bonus is up to 50%.
Gold Account offers not only fast withdrawals, great educational materials, bonus up to 100%, and everything mentioned in the description of the Silver account, but some interesting and unique features as well. Every trader gets an individual account manager that helps him with trading advices and Swiss prepaid card. Minimum deposit for this account is $3,000.
Finpari has also a Fixed income account that is special investment offer. It has a pre-defined rate of return and the broker guarantees giving full refund no matter what the market trends are.
As can be seen in our Finpari review, a bonus is offered to every trader, no matter the account type, but there are some conditions that apply. Every bonus must reach 20 times turnover within 3 months before withdrawing. If the turnover is not achieved, the bonus is cancelled and removed from the account. This broker’s User Agreement is really detailed when it comes to bonus policies so be sure to read it before accepting a bonus. If trader accepts bonus by mistake, all they need to do is contact the customer support within 3 working days, and broker will remove the bonus from the account.
Recently, Finpari added the possibility of entering special competition with the prize fund of $20,000 in order to make binary trading even more interesting. In Finpari review, FBO found out that this broker accepts US customers.
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Finpari uses SpotOption platform that is very well designed and easy to use. The combination of bold colors well represents the dynamic world of binary options, but the website is still pleasant to the eyes. Durinf the Finpari broker review, we noticed that traders can easily monitor their trades and even follow other successful traders and develop strategies based on their trades thanks to SpotFollow. Traders can choose between traditional trading options such as High/Low, one touch, 60 seconds, Long Term, Pair options and Ladder options and various expiry times.
The Finpari platform also provides free tools that can help traders achieve better results: there are tools for technical and fundamental analysis, market news, expert commentaries, trade pattern ideas and USDEUR trading during weekends. Traders can also copy the trades from the most successful traders and profit from their knowledge.
This broker offers desktop platform, and Android and iOS apps as well. This enables traders to always have a preview of their trades on the palm of their hand, no matter when and where. Mobile app features several types of trading like regular binary options, one touch and 60 seconds, but traders can change also check their account and portfolio. Even though, traders can place only several types of trades on the mobile version of the platform it is still a great feature to use when on the go.
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Finpari platform is available in 5 languages: English, Russian, Spanish, French and Thai which is very convenient for users who don’t speak English fluently. During Finpari review, we found out that there are two ways to contact customer service. One way is a classic phone call, and Finpari offers customer support via six telephone numbers (Russia, Hong Kong, Thailand, Singapore), so users can contact the one they prefer. There is also a live chat option which is always fast and convenient.
In the recent past, Finpari also added the possibility to contact market expert over phone or skype. The expert will provide additional information to all traders who have inquiries about market changes and movements.
For those who prefer to find solutions by themselves, there is FAQ section on the website. Even though it is well designed and easy to use while doing Finpari review we noticed it is not very detailed. It answers only basic questions about trades available, user account, trading, safety and binary options trading in general. FAQ can be a good starting point for research before signing up with the broker, but in case od any serious problem definitely contact customer support, since it doesn’t provide detailed information.
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Finpari promises safe and reliable transfer of money. Minimum deposit of $250 can be placed by using many different methods. This broker accepts credit cards and debit cards, PayPal, Webmoney, Qiwi Wallet, Perfect Money, OKPay, Wire transfer and many more. Depending on the method chosen, various fees may apply, so be sure to read their great guide about funding methods that is available on the website.
Same methods can be used for money withdrawal with minimum withdrawal being $50 which is usually the average amount among brokers, but withdrawing money for users who didn’t accept bonus is possible only after it has reached at least one turnover. Our Finpari broker review showed that Finpari charges 1% or $20 fee (whichever is bigger) for every withdrawal.
Traders who accepted the bonus offer will be charged with 3,5% or $20 fee, whichever is bigger. For every withdrawal that includes wire transfer, there is additional $50 fee. If a trader wants to withdraw money before reaching required turnover, there is another 20% fee.
Even though Finpari promises fast processing of withdrawal requests it doesn’t mean that money will be transferred the same day. The broker reminds the traders that sometimes it takes up to 10 working days, depending on the selected method, time of year etc., but usually it is between 5 and 6 days.
Finpari is located in Scotland, Aberdeen, United Kingdom
We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!
