CFD Trading with Finmax https://finmaxbo.com/ Financial broker Finmax offers its clients to enter into contracts for difference (CFDs) in addition to trading binary options. We wrote about the advantages and distinctive features of CFDs from binary options in a separate article. Finmax offers to enter into CFD transactions on currency pairs and cryptocurrencies, and you can choose the leverage for each transaction: 1:50, 1:100, 1:150 or 1: 200 (for cryptocurrencies 1:5 or 1:6). The minimum amount of the transaction, and the duration of the transaction is automatically set for a period of 14 days, after which the contract will be closed. The trading platform is almost identical to the one developed by the broker for binary options trading, but there are no additional Finmax services such as social radar, signals and Social part. A total of 35 different CFD assets are available.
Like most brokers today, Finmax has developed a number of mobile applications for convenient trading from smartphones and tablets that work on the iOS, Android and Windows Mobile platforms. The Finmax mobile app is quite different from the browser version. It seemed to us that the mobile version has a slightly smaller number of assets available, there are no indicators, which is quite reasonable due to the size of mobile gadgets, but there is also no social radar and signals in the applications. The application works mainly in a vertical position, which is not very convenient (the chart is not so large), since the entire terminal does not fit in a horizontal position and you need to scroll the screen slightly down to make transactions. On the other hand, the limited functionality and very simple design allows the mobile application to work very quickly, we did not notice any delays during testing. At the moment, we recommend that you still work with the finmax broker through their browser version, which by the way works quite well in most smartphones and tablets. Therefore, there is almost no need for a separate finmax application when they have invested a large amount of money and time in developing a high-quality platform that works in a regular browser.