Finpari is one of the most well known binary trading platforms for the investors. The platform is well known for its support and innovative technology. They give you a $6000 welcome bonus and an iPad for opening your account. This is one of the reasons why customers are flocking towards them with their trading and investment needs. They are becoming the most popular way of trading among the investor community. Let us have a look at what Finpari has in store for you.
Finpari Genral Information
Founded in: October 2012
Minimum Deposit: $100
Minimum Trade Amounts: $20
Maximum per Option: $5,000
Traders from USA: Allowed
Languages supported- English, French, Italian,German, Arabic, Spanish, Russian and Swedish.
This is the easiest account opening platform in the trading universe. You also get a $6000 bonus and an iPad free. Who would not want to be a part of this process then? Moreover, no money is required for registering the account and this happens in seconds. You don’t even have to give a debit or credit card number for this. This makes the process fairly easy and it becomes easier for you to open an account and start trading.
Website Extras 7/10
The most important thing about this platform is that it is quite simple to use and pretty innovative as well. There are not many stocks and commodities to trade in, but whatever combinations are available are all great enough. The platform is very intuitive as well. Therefore all traders, whether beginners or advanced traders, find it a very good platform to invest their money. What is particularly likable about them is that provide ample trading resources as well. In such a case, if there are new traders, they will always be able to find help with Finpari.
Selection Of Assets 7/10
There is honestly not a very wide assortment of assets to be traded in. However, there are still 7 pairs of currencies, 3 commodities, 15 indices and 20 stocks. Therefore, we can say that as compared to the other trading platform, there is not much to choose from and the users might feel crunched at times. However, they are very good at what they do and this is the reason why Finpari has been such a great hit among the users.
Fees and Commissions 7/10
Finpari is known for not charging any hidden fee from the consumers. All their plans are laid out perfectly and it is very easy to withdraw money as well. For wire transfers, they charge a fee of $25. However, if you are choosing CashU instead, no fees will be charged. Therefore, it is better to choose CashU for all your transactions instead of wire transfers or debit cards.
Effective Return 8/10
This is another place where Finpari is able to hit the ace. The profitability ranged from 80%-91% to a whopping 500%. This means that it is highly profitable a platform to invest your money. There are great bonuses on all your investment as well. You can get bonuses from 30 percent to as much as 75 percent on different amounts of profits that are being earned by you. This way, you are able to earn double profit.
Types of Binary Options 8/10
You get High/Low Options, One Touch Options, Boundary Trades, High Yield Binary Options, Double Up, Roll Over and Early Trade Closure. They provide more options as compared to other platforms in the market. Therefore, even when the trading options are limited, there are many ways through which you can trade. Therefore, it is a better platform as compared to others. The High Yield Trading options refer payouts that are as high as 500%. Therefore, when it comes to the security of your investment and getting better results, the ratings go up.
Support Quality 8/10
Customer support is always very good. They provide Live Chat on the Home Screen. You can also call them on phone or also by emails. Moreover, there is live video support through Skype as well. The support is also available in multiple languages like French, German and Italian apart from English. There will be more languages in the future. There is also 24/7 support that is available to the users. The customer support executives are also very friendly and they ensure that you only get the right kind of help. There have never been any problems related to hanging up of phones or likewise.
Overall, Finpari is a new and quite nice trading platform for all. They have ample incentives to bring and keep the traders glued to their entirely web based platform. However, a mobile app would add to better reviews.