Finmax is a binary options broker that emphasizes on the beginner traders. Since I’m a beginner too, I have enjoyed trading with this broker particularly thanks to two great features that it offers – the trading signals and the Social Radar.
Finmax provides great trading signals, which makes the trading process look much easier and convenient. You can access the trading signals service in the ‘Instruments’ section on the official website.
I have to say that their signals did a really good job at finding the exact entry and exit points of my trading positions. In this way, the trading process was greatly simplified. I have to recognize that I don’t have much experience in conducting technical analysis, but with the trading signals provided by Finmax, everything was easy and straight.
Now, here is what you should know about their trading signals service. First of all, this opportunity is not available for everyone – you have to fund your deposit with at least $1000, which suggests that the trading signals service starts with the Silver account type. However, if you consider the great benefits and the huge profits you can generate, then this deposit requirement doesn’t seem such exaggerated.
Finmax’s trading signals can at some degree automate the trading process. Well, it doesn’t mean you will get a robot that can execute the orders on its own, but at least you may get the precise entry and exit points. During a single day, you can get over 200 signals, which is more than enough to boost your profits.
The signal service is integrated with the trading platform of Finmax, so you will get the alerts directly on your system. I was really satisfied to see how this works. The signals differ in reliability, and if you want to feel more comfortable about your positions, you can opt for the signals that show fewer risks.
Social Radar and copytrading
Another great feature that Finmax traders can enjoy is the Social Radar. You may wonder what you can use this for – does it measure something? No, the Social Radar is the broker’s exclusive application that is used for social trading.
Now, what is social trading about? Well, this is a relatively recent product that has already become very popular in the binary options industry. The social trading platform brings traders together like in a social network site. You can think about the Social Radar like the facebook of the binary traders. The main idea is that traders can track what everyone else is doing and can copy the most successful trades and strategies. This is why social trading got the second name of copy trading.
Social Radar presented by Finmax is a type of social trading system in which beginners can track the experienced traders and copy their trades. On the other hand, professional traders can build their reputation by collecting more followers.
In short, binary options social trading is a system in which traders don’t just go on their own, but can socialize, exchange ideas and trading experiences, and of course – copy the best strategies and trading approaches.
The Social Radar feature helped me to make several successful trades. I was really glad to know that I can base my decisions on popular traders with vast experience.
Is there something more about Finmax?
Yes! Finmax is a complete binary service. It doesn’t just offer you the platform – it comes to help you learn the basic trading techniques.
Social Radar and trading signals are not the only features Finmax can boast with. There are more great features, such as trading news, economic calendar, market analysis, analytics, and more. All of these are available in the ‘Instruments’ section on the Finmax website.
I hope you will enjoy all of them!
Ho visto il loro banner quasi su tutti i siti della finanza e siccome c’e’ cosi tanta pubblicita’ ho pensato di scegliere proprio questo broker per cominciare la mia esperianza come trader. Adesso dopo un mese di trading posso dire che ho fatto bene a scegliere loro. Apparte alcuni piccoli problemi con la registrazione tutto e andato bene. Mi hanno aiutato gia’ dal primo momento e continuano a farlo con i segnali e le operazioni che mi suggeriscono. Adesso capisco perche’ ho visto il loro banner ovunque.
I’ve tried Finmax and the social radar is extremely useful. I learned the basics on their site and learned the advanced techniques from the community. Definitely recommended.
Finmax makes binary option a lot easier to understand and they have some helpful tips that make binary option less intimidating for a beginner