FinmaxFX Journal

Journal status: live
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FinmaxFX Profile
Year
2017
Country
Vanuatu
Branches
1
Regulation
VFSC Vanuatu
Registration
VFSC Vanuatu, IFMRRC Russia
Investor protection
Fund protection
IFMRRC Russia
Publicly traded
no
Restricted in
Not serving
х Canada, Japan, US
Broker type
MM
Dealing book
A+B hybrid book
Tier
3
Execution speed
0 ms
LPs total
0
LPs quality
none
LPs names
none

FinmaxFX Accounts
MM
Minimum Deposit
250 $
Leverage
200 : 1
Minimum Lot
0.01 lots
EURUSD spread
1.8 pips
Commission
0 $/lotRT
Volume
...
Margin Call
100 %
Stop Out
50 %
Execution
Instant
Spread
floating
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, QIWI, WebMoney, Yandex.Money, EPayments
Base currency
USD, EUR, RUB
Segregated accounts
...
Interest on margin
no
Inactivity fee
after 2 months
Update broker

Is FinmaxFX safe?

  • Investor protection: IFMRRC Russia
  • Regulation: VFSC Vanuatu
  • Registration: VFSC Vanuatu, IFMRRC Russia
  • Publicly traded: no
  • Segregated account: ...
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is FinmaxFX trusted?

  • Information transparency: high ★★★★★
  • Customer service: not so helpful ★★
  • FinmaxFX website: semi-detailed, updated ★★★
  • FinmaxFX popularity (by visitor count): low visits ★★

How FinmaxFX works



We are the principal to every order you place with us and therefore we are the only execution venue.

The Company may hedge our liability to you by opening similar positions in other institutions or in the underlying market.

Arbitrage and scalping strategies or the use of such delays on the Internet cannot be used in an OTC market where the customer buys or sells directly from a market maker.



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