Finpari Broker Analysis
Finpari is a platform for binary options trading. The brand is owned by 2 companies, one of which is situated in Scotland, Norske Inter LP, and the second one, Lerona Impex that is based on Seychelles.
Although the broker has a short history, due to its high-quality services, it can beat even the platforms existing for 7 years on the market. There are diverse asset types that can be traded with Finpari: stocks, commodities, currencies, indices, etc.
Categories of Accounts & Promotions
Different categories of accounts provide diverse benefits, which vary in the frames of 20% - 100% of a deposited sum. Moreover, the newcomers have a chance to earn money on the account with fixed income.
On bronze account, the minimum deposit level is employed equals $250 - $999. If you open such an account, you get an access to a demo version, a welcome bonus, and tutorials on trading. The time of withdrawal processing is 1 hour.
On silver account, the sum you can deposit correlates between $1.000 and $2.999. There is also a 50% bonus, 3 risk-free trades, and web training. In addition, one can use the services of a personal manager and prepaid card.
The oldest one is a golden account that comes with a full value bonus. Deposited sum varies between $3.000 and $50.000. The further benefits are a prepaid card and the assigned account manager.
The special account is a fixed income system, which may be opened only by active Finpari users. Deposit required equals $500 - $50.000. The balance is handled by a finance department and a monthly 10% return is guaranteed. The main advantage is the safety of a capital. The minimal investing period is one month and withdrawal processing lasts 1 hour. The settlement of the return level is sustained on a daily basis and investing can be performed within unlimited time frames.
The Types of Options
Binaries (prediction of the value direction within a specific period with a return that may maximally reach 83%).
Pairs (comparison of the assets’ functioning and a selection of a beneficial one).
Long term (the ones with long expirations that may last seven days or more).
60 seconds (binaries with expiries from 1 to 5 minutes).
One touch (prediction concerning a certain asset reaching a specific period in the set period, which can bring maximally 500%).
Ladder (the options that resemble one touch, with a lot of levels that are likely to be reached).
Spot follow (tracking the activity of specialists, which aims at the determination of average winning trades. Is recommended for newcomers).
Indices (MICEX 10, Nikkel 225, Tel Aviv 25, KL Future, TOPIX, Dow, S&P, TADAWUL, Kuwait, Bombay SE, NASDAQ, CAC, ISE 30, MSM 30, RTS, FTSE 100, Hang Seng).
Commodity types (Platinum, Coffee, Gold, Silver, etc.)
Currencies (USD/RUB, EUR/JPY, EUR/USD, USD/CHF, etc.)
Stocks (Microsoft, Apple, Nike, TurkCell, Coca Cola, etc.)
Trading Resources & Instruments
There is a well-developed FAQ page, as well as different types of tutorials, on Finpari platform, which may be handy for the new users. Moreover, there is a section with the strategies’ description that may be accessed on the page.
In order to make trading easy and sustainable from different places, Finpari developed the applications for iOS and Android-based devices.
Depositing & Withdrawing
Among depositing and withdrawing possibilities, on Finpari, one may found PayPal, Ok Pay, Neteller, Wire Transfer, Debt and credit cards, Perfect and Web Money.
The smallest deposit that may be placed on Finpari equals $250. The minimal investing sum is $1 and the biggest equals $1.500. The currencies that may be employed are EUR and USD.
In specific cases, there are fees imposed on the actions sustained by traders. They, usually, are not higher than 3% and a small commission in addition.
The traders, who are active on Finpari broker, can not withdraw the sum that is smaller than $50. Do not forget that there might be a commission imposed on a withdrawal. The determination of the fee sum is dependent on the type of withdrawal and deposition, which you use, as well as on the destination of the transfer or its source of generation.
If you wish to withdraw the money received as a bonus, you must meet the conditions of volume determination. Moreover, the trading volume must be not smaller than 100% of a deposited sum.
The support team of Finpari can be reached in different ways. The channel options include email, online chat, contact form or telephone.
Through the live chart section, the traders may forward their questions to support team in a 24/7 regime. The form for contacting may be found in a “contact us” section.