FinmaxFX – a review of one of the best forex and CFD trading platforms Min. deposit 100$ Demo account Yes Currency EUR RUB USD Supported languages Eng Rus Active No * The amount that will be credited to the account in the case of a successful deal FinmaxFX, headquartered in Russia, is one of the world’s most popular Forex/CFDs trading platforms. The broker is fully regulated by the Financial Services Authority (FSA) – a quasi-judicial body responsible for the regulation of the financial services industry.The company’s office address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles.Telephone:• +7 (495) 040-01-53 – Moscow• +44 (203) 807-59-55 – London• +38 (044) 592-14-52 – Kiyv FinmaxFX OverviewFinmaxFX’s official website address is at www.finmaxfx.com/. The website interface is designed very professionally and attractively. There is a “open an account” button that can easily be seen at the top right-hand corner of the home page, allowing potential investors to quickly open a new Forex trading account. FinmaxFX doesn’t accept traders in the following countries: Belgium, Israel, Japan, Benin, Canada, Uganda, and USA.After finishing registration and email confirmation, FX traders can directly access the broker’s trading system. Based on MetaTrader4 software, the world’s leading Forex platform, FinmaxFX’s trading platforms could be used on any PCs and mobile devices. Over 500 financial instruments can be traded both online and by phone, including currency pairs, individual stocks, commodity futures, indices, metals, energy carriers and cryptocurrencies. The maximum leverage of FinmaxFX is up to 300:1. The broker offers a commission-free service and charges tight spreads from 3 pips on most of the major currency pairs.What makes FinmaxFX dominant is that there are no rejections or re-quotes of trading positions because the broker has a real-time market execution. Orders are entered instantly after the trading buttons are hit. FinmaxFX offers a variety of educational materials, including, webinars, e-books, market analyses & reviews, video tutorials, investment strategies, trading advices and a multilingual economic calendar, helping traders flexibly follow market changes. AccountsAt FinmaxFX, there are four account types that clients can pick as follows:Demo: opening a Demo account requires no initial deposit.Micro: in order to open a Micro account, traders need to make an initial deposit of $100.Gold: a Standard account can be opened with a minimum deposit of $2,000.Premium: opening a Premium account requires a minimum deposit of $25,000.All account types are based on the 1:50 to 1:300 leverage. The minimum spread charged is as low as 3 pips. The accounts’ currency options include the US Dollar, the Euro, and the Ruble.Customer SupportFinmaxFX specialists can be contacted 24 hours on 5 business days by telephone, via email, live chat or the web-based contacting form.Deposits and WithdrawalsThe minimum deposit amount required to start trading with FinmaxFX is $100. Account funding is 100% automatic and could be done using various modern payment methods: Bank Transfer, Credit Card, Yandex Money, Webmoney, Skrill, Neteller and QiWi Wallet. There are no fees charged on deposits. The minimum withdrawal amount is as low as $1. Withdrawals are made in the same manner as deposits. A completion of identity verification is required before withdrawal requests are executed.Pros & ConsPros• Licensed in the EU.• A wide range of tradable assets.• Tight spreads from 3 pips.• No commissions.• Real-time market execution.• Free deposits and withdrawals.• Quick withdrawal process.• 24/5 Support.• Rich educational materials.Cons• No support for ECN Trading.ConclusionWith lots of benefits mentioned above, FinmaxFX has quickly gone through its early development stage and shown itself to be a progressive, prestigious and professional Forex broker. Choosing FinmaxFX, traders can enjoy a secure trading service as well as opportunities to improve investing skills and profit from the foreign exchange market in the long run.