Finpari
WebSite | finpari.com |
Mobile application | no |
Demo account | Yes - after first deposit |
Min. Deposit | $250 |
Social trading | No |
Bonus | up to 100% |
Min. Deal | $1 |
Payments and Withdrawal methods | PayPal, Wire Transfer, Bank Cards, Webmoney, Neteller, Perfect Money, Qiwi, Bitcoin, OKPAY and Alipay. |
Account currency types | GBP, USD, EUR, RUB |
Finpari Review
This review is fully devoted to overview of at a strong and reliable player in the market of binary options brokerage. Finpari has started its existence back in 2014, when it was initially established. Since the very beginning, the Finpari platform has managed to catch the attention of public with help of their 1 hour withdrawals policy. Generally, with this broker you can enjoy not only a rich variety of trading assets, but also a free-of- charge participation in contest every week, where you stand a chance to win $20,000.
In addition, Finpari offers its customers educational package, technical analysis, market news, fundamental analysis, trade pattern ideas, weekends trading and even expert commentary.
Finpari is also able to accept diversified methods of payment, such as: PayPal, Wire Transfer, Credit Cards, Webmoney, Neteller, Perfect Money, Qiwi, Bitcoin, OKPAY and Alipay.
Finpari deal with US traders, which is not attainable for other competitors.
General information:
Online presence since: 2014
Official jurisdiction: United Kingdom
Software support: SpotOption
Max Returns: 90%
Bonus: 100% + $250 as Welcome Bonus
Minimum Deposit amount: $250
Minimum Investment amount: $1
Maximum Investment amount: $1500
Available currency: GBP, USD, EUR, RUB
Mobile: Yes
Countries coverage: All nations
Advantages:
– Able to deal with US traders
– Withdrawals within 1 hour only
– Weekly contests with $20,000 prize
– Accepts PayPal
– Free consultation with market experts via phone call or Skype
– Free technical analysis, fundamental analysis, expert commentary, market news, weekends trading and ideas on trade patterns
– Impressive deposit bonus
– High ROI (Returns on Investment)
– Low minimum investment required
– Exceptionally cozy and user friendly interface of the trading platform
– Long list of available options
Accounts types
1. Bronze Account
Basic Finpari Bronze Account requires a min. deposit of $250 and guarantees a quick process of funds withdrawal within 1 hour. It is a drastic improvement comparing to competitors, where traders usually have to wait 24 – 72 hours. The lowest bonuses result in additional 20% of revenue. In addition, all registered traders are entitled for an educational training per each video together with additional reading material. That is very helpful for less experienced traders, who just start their binary options brokerage campaign.
2. Silver Account
Silver Account is the most popular type available on this platform. It is basically designed for traders, who have a minimum experience with binary options. Silver account at Finpari requires a minimum deposit of $1000. In return you receive a quick withdrawal within 1 hour, as well as educational programs and Master Class. The advantage of silver account is that it comes with a demo account that is designed to teach basic trading strategies and help all the newbies to familiarize themselves with the procedures, user interface and navigation. Likewise, the first 3 trades are risk- free and include trading protection. All bonuses start at the lowest mark of +50%. However, it is highly recommend to familiarize yourself with Terms & Conditions and understand the rules that apply to said bonuses.
3. Gold Account
By using a well-known among trading platforms approach of progressive accounts, Finpari offers Gold Account, which basically includes everything that is available in Bronze and Silver accounts (together with quick withdrawals and educational materials). Bonuses in Gold Account may reach up to 100%. In addition, Finpari offers an additional special feature: every owner of Gold account receives a dedicated account manager, who is always eager to support and advice in any questionable situation. Gold account holders also receive Swiss prepaid trading card. Required minimum deposit amount is $3000. Finpari also provides its traders with a special Fixed Income Account, which includes a predefined return rate as well as full refund, which is guaranteed regardless of situation in markets. Finpari provides all its traders with bonuses, but it is still advised to read through the small print prior to start trading in order to familiarize yourself with details. Likewise, bonuses are to reach a turnover of 20x in a three-months period of time and withdrawal is allowed only after that. In case if the trader fails to achieve the total turnover goal, then bonus gets canceled and also deleted from the account. Traders who unintentionally accept the bonus, while not meeting the said requirements, are required to contact Finpari’s customer services within 3 days and request for assistance to remove the bonus from the account.
Software for Assets and Trading
Finpari includes SpotOption platform, which is exclusively designed and simple in use and navigation. The entire website is easy on the eye and does not create and distortion or irritation. Each part of the website is designed with main purpose of creating a cozy and friendly environment for traders. Special SpotFollow option helps traders to monitor closely their own trades and provides the ability to follow other successful players in order to learn from their success and applied strategic decisions.
Standard trading options are offered to traders and include the following: High/Low, 60 Seconds, Ladder and Pair, One Touch and Long Term, as well as variety of expiration times. All the said options should be familiar to traders by now.
The platform is fully compatible with iOS and Android and can function easily on regular desktops too. This provides an additional advantage to traders, who are often on the move and need to check their accounts or portfolios, track down trading process and stay constantly in touch with the market of options trading. Mobile access generally is a very useful feature for everyone, but it is limited to regular binary options, 60 Second and One Touch trade.
Finpari has got a Binary Option Robot – the software, which enables auto-trading. This software is one of the best auto-trading applications across the globe. It will definitely help those traders, who can’t make up their minds or are short of time to make a proper decision regarding their options trading. The software is absolutely safe and very suitable for newbies at the binary markets trading.
Support and Services
Finpari platform basically provides three methods of getting in touch with customer support: in addition to general support via Email, Finpari has come up with a marvelous LIVE CHAT option. It ensures fast and effective tete-a- tete communication, advices and answers to any queries of yours. And let’s not forget about traditional, yet efficient Telephone Service. Customers are free to select out of six numbers available in Hong Kong, Thailand, Australia, Russia and Singapore. With help of multilingual options, it is possible to communicate in English, French, Spanish, Russian and Thai.
However, there might be some traders, who prefer to solve the issues by themselves. For such cases Finpari has created a user-friendly FAQ page at their website, which is easy to navigate through. Recent review has revealed that FAQ page is not detailed enough and covers basic facts related to user accounts, trader safety, trading options and available trades only. But don’t lose heart too soon, because FAQ can be a very good start prior to joining any sort of platform or website. However, it is still advised for users to directly contact customer support, if any serious issues arise.
Company and Payment Methods
Nowadays, all online brokers do their best in order to conduct money transfers in a safe, simple and secure manner. Finpari is not an exclusion too. Its platform is able to accept debit and credit cards, as well as transfers via Qiwi Wallet, OKPay, Paypal, Perfect Money, Webmoney and, of course, wire transfers.
The same rules are applied to withdrawals –minimum allowed withdrawal amount of $50. In case, if users didn’t accept the bonus, then they are allowed to withdraw funds only after reaching minimum one turnover. A fee of $20 per withdrawal is to be charged in such cases. Otherwise 1% fee is applied, depending on which amount is larger.
If traders accept the bonus offer, then they are charged at a higher rate of 3.5% or $20 fee, depending on which of them is higher. Wire transfers are charged with an extra $50 surcharge. If traders want to withdraw funds prior to reaching the stated turnover, then they are to pay an extra fee of 20%.
Even though Finpari mentions withdrawals within short period of time, do not expect to have payouts on the same day. The broker’s website states clearly that payout may take on average 5-6 days, but can also reach up to 10 days, which depends on payment methods used or the time of year.
Review Summary
Finpari binary options platform is able to offer all types of standard services, which means you are dealing with a competent, serious and professional player in the market of options trading. The provision of an Education Center is really helpful and, as result, attracts a lot of new traders and also the traders, who plan to continuously improve their current knowledge. Finpari’s website is very attractive, eye catching and provides easy navigation, interactive webpages, a lot of useful and helpful information and materials, which are of a high quality and efficiency. FAQ page is deficient in terms of details and payout speed is relatively moderate. These are two major cons that were identified earlier. Regardless of minor disadvantages, Finpari platform looks very professional, hardworking and quite promising. It has all chances to hold leading positions among major players of binary options brokerage worldwide. Make sure you read the small print carefully (this rule applies to other platforms as well). After fully understanding the functionality and reading the Terms & Conditions you can join without any hesitation. In addition, you can also find this broker on Binary Option Robot.
Additional information
Customer Service: Email: [email protected] / Callback /Live Chat
Supported Languages: English, Spanish, Russian, French, Thai
Trading Options: One Touch, High / Low, Long Term, 60seconds, Ladder Options, ProFollow, Pair Options
Available Assets: Stocks, Currency, Commodities, Indices
Early Close: Yes
Expiry Time: 60 sec, 30 min, 1 hr, 24 hr++, End of Month, End of Week, End of Day
Deposits and Withdrawals Options: Mastercard, Visa, Bank Wire, WebMoney, Paypal, Neteller
Withdrawal Time: 1 hour
Demo Account: Yes
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