Finpari is considered as scam broker in binary options industry. Choose a reliable broker from our binary options brokers list
Finpari is a new binary broker in the industry, launched in 2014. This broker’s HQ are in Lerona Impex SA, Seychelles.
To traders worldwide, including those in South Africa, this broker offers trading platform with numerous trading features and services, available to use.
In our Finpari review, we will provide our readers with a variety of trading instruments and services, significant for successful binary options experience.
In this Finpari review, we noticed following characteristics for this broker. Traders across the globe can place trades in EUR and USD. Minimum deposit to start trading binary options with Finpari is $250.
Maximum bonus in unlimited and required bonus trading terms are 20x turnover. Minimum investment amount is $10 and maximum is $1000, while highest return is amazing 90%.
Finpari Demo Account
Finpari review shows they offer traders a SpotOption platform, very popular one in binary options industry. SpotOption is an excellent software which will enable Finpari to offer top notch trading services, that our readers can see below in our Finpari review. Unlike many other binary brokers, Finpari accepts traders residing in USA. This way, they are able to join Finpari trading platform and enjoy in many advantages and feature that this broker offers. Entire site is very simple and adapted for all levels of trader, whether we are talking about professional traders or those who have just joined binary options world. This broker is one of the those who offer traders auto trading experience and traders in South Africa should know that Finpari is connected to BinaryOptionRobot.
Finpari Trading Features and Services
Traders can use preferred trade options among many available on SpotOption platform. Depending on preferences, they can choose following: 60 Seconds, One Touch, High/Low, Pair Options, Long Term, Ladder Options and ProFollow. Available expiration times when trading with Finpari are: 60 seconds, 30 minutes, 1 hr, 24 hr+, end of day, end of week and end of month. Traders do not have to download any software to begin trading binary options and there is also no registration fee so platform is free to use. Traders only have to register and make a deposit for binary options process to begin.
During Finpari review, we noticed how graphic looks very appealing and entire site provides traders with a positive environment for trading binary options and maximize profit during the process. With Finpari, traders can place trades with different underlying assets, which include 19 stocks, 12 currency pairs, 7 commodities and 20 indices.
Excellent two trading services that we discovered during our Finpari review are demo account and possibility to use mobile trading. With demo account, traders beginners can experience how the real binary trading process looks like and can use different strategies at no risk. Trading at no risk is possible only with demo version of the platform because demo enables traders to place trades with virtual money, instead of real one.
This way, beginners traders can try out strategies they find attractive the most and check if it is possible to maximize profit, without experiencing any money loss. Second exquisite feature is mobile app. Traders in South Africa can select this app from Apple or Android Store, depending on which type of device they have. Finpari mobile app enables traders to continue trading binary options through smartphones and ipads, as well as on computers.
Finpari Trading Accounts
To traders in South Africa and other worldwide countries, Finpari offers 3 account types: Bronze, Silver and Gold Account. More on account types, read below in Finpari review.
Bronze Account
- Minimum deposit $250
- guaranteed withdrawal within 1 hour
- bonus + 20%
- ebook + video tutorials
Silver Account
- deposit $1000 – $3000
- guaranteed withdrawal within 1 hour
- bonus + 50%
- ebook + video tutorials
- web sessions master class
- first 3 trades – risk free
- trading protection (trader receives 10% from negatives trades done, if any, back to his trading account)
Gold Account
- deposit $3000 – $5000
- guaranteed withdrawal within 1 hour
- bonus + 100%
- ebook + video tutorials
- web sessions master class
- first 3 trades – risk free
- trading protection
- Swiss prepaid card
- personal account manager
Besides 3 trading accounts, Finpari also offers a FIA (Fixed Income Account). This is an investment opportunity to Finpari users with a predetermined return rate. Invested funds are managed by their trading department team who take care of investors’ returns.
Certain conditions have to be fulfilled to be able to use FIA. Monthly income of 10% and minimum of 1 month investment period are the basics of trading with Fixed income account. Maximum investment duration is unlimited, while minimum investment is set to $500. However, daily return settlement is on daily basis. Withdrawals are possible within 1 hour.
Tip: Read our IQ Option review and try IQ Option instead – the best regulated broker for South African traders with a minimum deposit of only $10!
Finpari Scam
Finpari scam has been reported by many traders and we do not recommend to trade with this broker
For binary options traders worldwide, Finpari trading platform is available on 5 languages, such as English, Spanish, Russian, French and Thai. Such diversification is important, especially when you have traders from around the world who perhaps aren’t fluent in English.
During Finpari review, we came across several different communication channels. Traders can contact Finpari through email [email protected], live chat, web form and via telephone. Phone communication is available for following countries: USA, Australia, Russia, Hong Kong, Singapore and Thailand.
We had a positive experience during Finpari review regarding customer support, which is available 24/7. The most popular way to contact them is to via live chat. On their modern platform, Finpari offers great FAQs. Traders can follow trading steps from signing up over trading process to withdrawal process, all explained in details.
Finpari Banking Info
Trading binary options with Finpari review has very high security level, due to SSL encryption (Secure Socket Layer). Minimum withdrawal amount is set to $50 and traders first have to submit a withdrawal request that is processed within 1 hour. However, cashout time is usually estimated between 5 to 6 business days until the money is visible on trader’s account. Traders who accepted provided bonuses will be charged with $20 commission. For each withdrawal, Finpari charges $20 fee.
Traders can deposit with Finpari through several different payment methods; credit cards (Mastercard and Visa) and bank wire. But the most widespread is payment via e-wallets.
Most used e-wallet providers that we found out in Finpari review are: WebMoney, PayPal, QIWI, OKPay, Neteller and PerfectMoney. Depending on preferred payment option, different fee amounts are available. Wide range of fees is available on their site under Funding/Withdrawal Methods section on the bottom of homepage.
