Finpari review

Finpari is a binary options broker established in 2014 and based in Scotland. Is Finpari a scam broker? This might be the question on your mind. In this Finpari review you will discover why Finpari is a top rated binary options broker, based on our trading experience. Finpari operates in accordance to local and regulatory laws. Its one of the things we look out for and recommend before signing on to a broker. When dealing with them we found out that they are very transparent. T

Platform

finpari trading platform

Finpari operates on the Spot 2.0 platform which is easily navigable and user friendly. The platform is also available in Android, Iphone and Ipad and Web for mobile users, this gives the trader flexibility to trade anytime on the go without relying on a pc. There are numerous assets that can be traded on with different binary options type which include 60 seconds, One touch, Pairs, Long term, Ladder. The platform is also integrated with ZuluTrade which provides signals from numerous top traders. With their SpotFollow feature you could monitor the activities of top traders and copy their trades to be successful.finpari social trade

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Pros(Advantages)

  • Trading can be done over the weekend
  • Fast withdrawal in 1hr
  • Trader insurance
  • 3 risk free trade
  • Trading courses
  • Minimum trade amount of $1
  • Maximum payout of 90%
  • Bitcoin accepted

One major thing that stands Finpari out is the possibility of traders to trade even on weekends, this is not available with majority of brokers and it gives the traders possibility of earning on weekends when most of the market is closed. In trading over the weekends take note that it’s not all the assets that would be available but quite a handful.

A source of worry in binary options trading is the number of days withdrawal requests are processed with most brokers taking days to pay, Finpari has advantage in this area over other brokers in that withdrawals are processed in 1hour, which is a good news for traders. There is also trading insurance in which traders get back 10% from a lost trade, but to enable this feature the payout would be decreased and also it is only available for Silver and Gold account types and not for Bronze. For the risk free trades traders are compensated in the form of a trading bonus in case of a negative trade. They also provide trading courses in book, video and web session formats.

 

Cons(Disadvantages)

  • Demo account can only be assessed when you have opened an account and deposited.
  • Minimum deposit of $250

 

 Tradable Assets

  • Stocks

Rolls Royce(London)

BAE SYSTEMS(LONDON)

REUTERS(US THOMSON REUTERS)

IBM

NISSAN MOTORS

TEVA PHARMA

TESCO

TURKCELL(TURKEY)

TATA MOTORS(INDIA)

HSBC HOLDINGS(LONDON)

COCA COLA(US)

SBERBANK(RUSSIA)

LUKOIL(RUSSIA)

BP(BRITISH PETROLEUM)

GAZPROM(RUSSIA)

NIKE(US)

APPLE(US)

MICROSOFT(US)

CITI(US)

  • Currency pairs

EUR/USD

GBP/USD

USD/JPY

USD/CAD

EUR/JPY

EUR/GBP

USD/TRY

USD/RUB

USD/ZAR

USD/SGD

NZD/USD

USD/CHF

  • Commodities

SILVER

PLATINUM

OIL(LIGHT SWEET CRUDE)

SUGAR

COFFEE

WHEAT

GOLD

  • Indices

DOW(US)

S&P 500(US)

NASDAQ(US)

DAX(GERMANY)

CAC(FRANCE)

FTSE 100(UK)

ISE 30(ISTANBUL STOCK EXCHANGE)

RTS(RUSSIAN TRADING SYSTEM)

MSM 30(OMAN)

TADAWAL(SAUDI STOCK EXCHANGE)

 

Account types

  • Bronze: With a minimum deposit of $250 you can open the bronze account, the trader gets a 20% bonus and a free demo account. Trading courses both in book and video formats are also available for this account type
  • Silver: This account type comes with all the features of the Bronze account. In addition this account type has a master class in form of web sessions and also has first 3 risk free trades and trading protection. The trader also enjoys a welcome bonus of 50%.The minimum deposit for this account type is $1000
  • Gold: This is the highest type of account and it has a whopping bonus of 100%, all the features of the silver account plus an individual account manager and also the privilege to get a Swiss prepaid card. With a minimum deposit $3000 you can open this account.

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Funding and Withdrawal method

finpari payment options

Finpari is one of the few brokers that accepts bitcoin. Minimum withdrawal $50 and withdrawal is processed within 1 hour.

Trader support

This broker knows what it takes to keep customers satisfied. Their response is fast and traders can reach them on phone, live chat, emails. When it comes to customer support we rank Finpari the best

Our Verdict

Based on our experience we can truly say that Finpari is not a scam broker.

Start-trading

 

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