FinmaxFX does not provide the online trading service for residents in the USA, Canada, Belgium, France, Israel, Singapore, Turkey, Ukraine, Turkey and Brazil.
- All Special Features At FINMAXFX
- Open FINMAXFX Account Via Hercules.Finance
All Special Features At FINMAXFX
Founded by Max Capital Limited, FINMAXFX has 5 years operating as an online forex broker.
With the base in Vanuatu, FINMAXFX is authorized and regulated by the Vanuatu Securities and Exchange Commission (VFSC) under the registration number 41072.
Besides, this broker also has an international license granted by the International Financial Market Relations Regulation Center (IFMRRC) – an independent regulator.
FINMAXFX is also an initiator of the National Association of Forex Dealers (NAFD).
For commercial offers, FINMAX’s clients have over 400 underlying assets to choose from 8 categories:
- Crypto Currencies
- Energy Carriers
- Share indexes
- Commodity futures
The maximum leverage trader can get is 1:200.
All trading activities are carried out via the most advanced platform MetaTrader 5.
In terms of safety and security of funds, FINMAXFX commits to keeping its clients’ money in a segregated account for the trading purpose only.
Negative balance protection is also implemented to prevent traders from losses beyond their affordability.
Special Features At FINMAX
Based on the deposit amount, FINMAXFX clients are classified into 5 account types:
- Micro: Start from $250
- Mini: Start from $1,000
- Standard: Start from $5,000
- Premium: Start from $25,000
- VIP: Start from $100,000
Each one comes with specific offers of bonuses and withdrawal fee and time, but for any account types, you will have all of these below features for free.
1. Trading course
FINMAXFX always wants all traders to treat Forex as a serious investment.
This reflects in the education course they provide for registered clients.
- Where you can find the definitions and examples of financial terms
- Cover all financial markets basics, trading methods, typical strategies and more. New traders should learn from ebooks to have an overview of what they intend to invest.
- Video lessons
- There are topics on all aspects of the trading world, each of which contains a series of short videos with illustrations and commentary.
- Online workshops where experts share experiences or introduce trading opportunities. The biggest advantage of webinars is the interaction, you can discuss and get quick answers for any questions. All webinars are scheduled weekly and even when you miss them, you can still rewatch on FINMAXFX youtube channel.
This trading course aims to provide all clients with the basic knowledge about the nature of trading, financial markets and strategies.
Most traders fail in this industry not because they are unlucky but they lack education and preparation.
Besides, FINMAXFX clients can also access regular market analysis, advice and strategies guides as well as relevant articles to have an edge on their trades.
2. Trading group
Trading is never an easy job; it requires practices, repetitions and experience.
For new traders, even when finishing the education course, it’s very likely that they still find it hard to start a trade.
If you take trading as gambling, it’s just a game of luck, just bet and wait for the result.
But when you know how to consider market conditions, news and relevant factors, every decision of yours is made much more carefully.
Thus, it sometimes becomes a dilemma when you face trading opportunities, you can’t decide whether to instantly place the order or wait for more signs or just stay aside.
That’s why you need a trading group and advisors.
Right after finishing opening the real account, you will be assigned with an account manager.
He or she will give you the answers to all of your questions relating to the trading activities.
If you are a freshman with no trading knowledge, they will help you to adapt to the market step by step.
Besides, you are also invited to an online trading group where you can discuss with other members and get trading advice from senior forex experts.
The group is held online on social networks like Telegram.
Another benefit in these groups is trading signals which are quite essential for new traders because of the aforementioned reasons.
Trading signals, generated by the experts, inform you where and when to place your order.
Following the experienced one’s decision is a wise choice when you just start trading.
3. Risk-free trade
Risk-free trade or no risk trade means you will get compensated in case you lose the trade.
Of course, this is not unlimited. For new clients opening accounts, FINMAXFX offers up to 3 no risk trades within a specific period.
This policy is invaluable for new traders who have never been in a real trade.
Since their first times are prone to losses, risk-free trades are indeed their lifeguards. .
Newcomers should make use of risk-free trades to identify what mistakes they have just made to complete their trading plans and strategies.
Usually, most of the mistakes are basic faults coming from the lack of trading experience like setting a stop loss level too close to the entry point or placing the order quickly without considering the price movement.
4. Earning 100% dividends
Have you ever heard about passive income? Yes, it means you have to do nothing but still get the money regularly.
Dividend from company share is an example of passive income.
In simple words, when a company works well, they can extract a part of the profits to tribute their shareholders for investing in the company.
If you buy well-known stocks like Apple, Coca Cola, or Visa with FINMAXFX, you can receive dividends.
This is a special feature that FINMAXFX offers, this broker provides dozens of company stocks including the most famous ones.
The interesting thing is you also have leverage for trading stocks.
This magnifies the profit you gain from dividends making it a significant return.
The dividends are normally served after the regular financial reports.
Before these events, you are noticed in your trading group or got the information via webinars.
There are 4 important dates in the order you should take into account when getting dividends:
- Declaration date
- The day the company announces its dividend.
- Ex-dividend date
- The day the stocks started to trade without dividend. Normally, this day also marks the drop in the price of the stock. To get dividends, traders need to own the stocks prior to this day to be eligible to get paid.
- Date of record
- The day the company records which shareholders are eligible to be paid dividends.
- Pay date
- They day the shareholders receive the money.
For example, the VISA is now $200 and the dividend rate will be $3.
With the leverage ratio of 1:20, if you invest $1,000 before the ex-dividend date, you will have 100 VISA shares.
When the pay date comes, you will get paid $3 x 100 shares = $300 in dividend, which means you get 30% return on your original $1,000, an impressive number for any investment.
FINMAXFX FX uses MT5 as the trading platform, which offers trading stocks, as such, you can buy the stock directly via this broker server.
And don’t worry, you don’t have to study all complex financial reports of companies to choose which stock to buy since there are FINMAXFX experts taking care of that.
Their job is evaluating the stock and analysing companies to determine whose stocks are profitable and have an ideal dividend rate.
These specialists always contact you before these events come, they will show you which stock to buy and steps to do.
All you need to do is to prepare your fund and wait for the signals.
This is a quite easy way to get passive income and it even becomes a signature investing style of many traders.
Again, that’s another reason why you need the telegram signal group and webinars where the senior traders don’t let you miss any profitable chances.
Open FINMAXFX Account Via Hercules.Finance
For further reviews about FINMAX, you can read the relevant articles on Hercules.Finance.
That’s where you can get information on:
- How to open an account and get bonuses
- Comparison between account types
- Deposit + withdrawal method and fees
- Leverage ratios and spreads
- Trading assets: Categories, numbers of assets
- Free trading tools: quotes, calculators, financial calendar, etc.
- Customer support: working time, language supports
You can also open your account and make the deposit via this site.
Here are two exclusive offers you can receive by registering for FINMAXFX account at Hercules.Finance:
- 100% bonus from deposit + access to FINMAXFX web broker courses and strategies + access to live webinars with successful traders
- No-risk trade + coaching session with trading expert + access to FINMAXFX web broker courses and strategies + access to live webinars with successful traders
If you are confident in your trading skill and eager to trade, choose the first option where you can get a 100% bonus to increase your capital.
This 100% bonus promotion is exclusively applied for clients opening and funding accounts via Hercules.Finance with the minimum deposit from just $250 – an affordable amount for newcomers.
On the other hand, if you are a cautious trader and want a back up, choose the second option to get no risk trades.
Another benefit in this option is that you will have a trading lesson with the expert to have the best preparation for your trading career.