Finpari is a new binary options broker site that has been trending has caught our sight. We decided to give it a review to confirm its level of professionalism and security. Our team confirmed that the website portrays a high level of integrity and user-friendliness. You only have to go through a few easy steps to sign up with the broker. Whatever the level of your income, you can find a package that best suits your needs. Funding and withdrawing from the account is a simple, secure and comfortable process since Finpari has done all it takes to make sure the depositing and withdrawal processes are stress-free. Their trading platform that fits in many devices just amazed us when we tried it. Also Finpari is fully compatible with signals system of binary option robot.
A website that demonstrates professionalism and elegance is one of the things you need to consider when going for a broker that values integrity. Finpari is a broker that has a website that shows professionalism.
Once you land on the homepage of the website, you do not have to guess your way to a page you want. The dashboard has buttons that will take you whenever you want. For example, if you are new to the platform and binary options trade, you are just a click away from trading once you have located the ‘How to Start” icon. From there, the site will direct you to open an account, elaborate to you the types of accounts it offers, the funding and withdrawal methods. You can easily locate their education center without any hustle. Registering, funding account and prediction of market directions are as easy as one-two-three since the processes are explained on the homepage. The broker has displayed these and many other features on the website in a way that shows a high level of seriousness.
The website does not bombard visitors with screaming letters that beg for attention. The colors and layout of the different sections are cool and comfortable to the eye. Hence, a user will find it relaxing to search whatever he/she wants on the website.
Getting Started With Finpari
Our team found it impressive when it comes to opening an account with Finpari broker. A client just needs to fill in some basic information such as Name, Country of residence, contacts, email address and preferred currency. After reading and agreeing to the terms and conditions, you are good to go. It will take you less than a minute to complete the process.
Once you have registered, you receive your trading account and whatever tool you require for successful trading. The broker surprised us with a gift of free binary options video lessons upon registering for an account that we used to test the platform. We found the lessons extremely versatile since their informative insights give a starter the way forward. Before entering to the real trading, we suggest you go through the lessons.
After an introduction on the trading overview of Finpari binary options, the next lesson will elaborate to you the main terms and features of binary options. Hence, you will not shudder when you stumble upon a strange term. After reviewing the different types of options, you will have a chance to learn how to calculate the win ratio and go through risk and money management principles. What should you use when trading? What is the best time of trading? What are the most optimal trading strategies and models? These and many other questions are addressed in the lessons.
The lessons made us conclude that the website is worth considering since they demonstrate a willingness to walk with users at every stage of their trading experience with the platform.
Whether you are a new or top-notch trader in binary options, Finpari has a place for you. You can select the account type that best suits your needs. The account types include trading account and fixed income account.
The Trading Account has three levels: Bronze, Silver, and Gold. Each package offers withdrawals for one hour and comes with the most demanded services for your convenience, depending on the amount of your initial trading deposit. Be sure to get more features, advantages and bonuses when you sign up for higher-level accounts.
Finpari Bronze account
For starters and those who want to try the platform before proceeding to higher levels, we suggest you open the Bronze account. It requires only a minimum deposit of $250. The account entitles you to sign up bonus of 20%. You also receive a trading course that includes a video and a book to enlighten you on trading with the broker in a profitable way. Additionally, you get access to a free Demo account to train in real trading without having to deposit anything.
Finpari Silver Account
A silver account is the most popular package that Finpari offers. If you have some experience in trading and want to explore more moneymaking opportunities, we recommend Silver account.
All you need to do is to sign up by depositing a minimum deposit of $1000. The account level comes with a sign-up bonus of 50%, a trading course (book and video) and a Demo account. The account also entitles you to a master class that includes a web session.
Additionally, your first three trades will be risk-free. Therefore, if you get negative trading outcomes, Finpari will compensate the risk-free trades by giving you a trading bonus.
The broker also gives free trading protection to traders at this level. In case you experience negative trades, you will get 10% of the trades back to your trading account. You may activate this feature upon preliminary request with a consequential decrease in payouts. However, only certain options types are entitled to this trading protection.
Finpari Gold Account
If you are a professional and hardcore trader, only the sky will be your limit. The level needs a minimum deposit of $3000 for you to get started.
It comes loaded with a sign-up bonus of 100%, a trading course that includes books and videos, a demo account, and a master class. Like at the Silver level, your first three trades will be risk-free, and the broker guarantees protection on your trading. However, gold account has many more features to offer:
For example, you get full access to an individual account manager that will advise you on investments and manage your funds. Additionally, you receive a free Swiss prepaid card.
Secure Banking and Fund Transfers
Banking is one area where every professional broker needs to pay attention to ensure clients trade binary options with great comfort and security. In our view, Finpari has the best banking and payment system in the industry. The broker has joined hands with the most popular banking providers to offer reliable and fast transfers.
Our review found out that the broker has a Secure Socket Layer (SSL) certificate. SSL creates an encrypted connection between the Finpari’s web server and your web browser. Therefore, financial and any other type of information you share with the broker is private and secure. You can rest assured there is no message forgery, data tampering or eavesdropping when transferring funds. Hence, this is good news to traders given the increased level of cyber insecurity.
Finapari has not stopped at just encrypting clients’ financial information in the secure server. It also keeps traders’ funds in Europe Bank, a trusted financial institution that ensures the funds are safe and ready when required. Finapari segregates its funds from clients’ funds. It uses only its money for hedging and other purposes not directly related to traders. They agree that your money is yours and not for their use.
In addition, the broker has a 3D Secure authentication as an extra fraud prevention scheme. It makes online fund transfers via credit cards to be more secure. The system will have to authenticate every cardholder’s identity at the time of withdrawing funds, through the likes of MasterCard SecureCode and Verified by Visa.
Available Funding and Withdrawal Methods
Finpari offers a variety of ways in which you can deposit your funds to your account. It charges less and ensures maximum security to clients’ funds. Be sure to select the method of funding that best suits your needs.
You can use your debit or credit cards to make a fast, secure and easy deposit to your account. They currently support MasterCard and Visa cards. Although they charge a commission of 2.5% on every card funding, this method is fast, easy and worldwide.
The broker also allows sending and receiving of money via PayPal. For locals, it is free to fund payments by the sender’s PayPal balance, debit card or bank account. If you use a credit card, you will have to pay a fee of 3.4%+ 80 cents. For international clients, the cost of PayPal transactions ranges from 0.3 to 3.3% based on the location of the user.
If you prefer wire transfer payment method, be sure to consult your personal bank account. You need to take into account the processing time of your bank and additional fees.
For Neteller, it costs nothing to transfer funds from Neteller wallet to Neteller wallet. However, you have to part with a fee of 2.95% if the process requires conversion. When you want to fund Neteller wallet via cash in terminals, mobile phone stores, ATMs, bank transfers and other payment systems, the commission will be 2.5%. Withdrawals from Neteller wallet to bank account/card charge 2.95% + 3.95.
Finpari also accepts the use of WebMoney, Qiwi Wallet, OkPay and Perfect Money as payment methods. You just have to choose a payment method that will work best for you. The secure and wide range of methods ensures you do not experience a stressful, time-consuming and insecure funding process.
Finpari employs a high level of professionalism and user-friendliness in every part of customers’ trading experience. As such, they have implemented Spot 2.0, one of the most popular binary options trading platforms.
You can easily avail the platform in three versions: Android, iPhone, and Web. Therefore, you can access the platform via various devices such as a smart-phone, tablet, and laptop. Whatever the device you use, you can access every feature to make a trade, deposit, withdraw, contact support service or do anything else without sweating. We found this to be versatile since it means you can trade with the broker even on the go via your smart-phone. You will never miss a trading opportunity when you use the Finpari’s trading platform.
The Spot 2.0 makes the maximum use of your display screen in a way that most platforms fail.
Web Trading Platform
On this platform, the first row displays the Binary Options you want to trade. They include pairs, long term, sixty seconds, and one touch. Hot assets are in the second row. They are currencies, commodities, indices, and stocks. It is so fast and simple to understand and use the platform when placing a trade.
First, at the top of the main grid, you simply select the asset you want to trade (for example EUR/ USD) and your desired expiry time from the Dropdown menus. An asset chart will appear to show you the performance of the asset price in real time over the selected period. Below the chart is trader’s choice, a percentage display of the present number of those who buy (bulls) and sell (bears) the asset. Such a virtual representation helps clients to make informed choices.
Second, you will enter an amount you want to trade in a box that is easily accessible on the top right of the platform.
Third, choosing the direction you think the asset will move is as easy as one-two-three. If you think the asset’s price will be higher at the time of expiry, click “CALL.” Otherwise, click “PUT.” You will see the potential payout in amount and percentage, and the remaining amount of time.
Traders who are on their feet most of the time will find this very helpful. With their Android and IPhone smart-phones and tablets, they can always stay connected with the global market and make use of every opportunity that comes their way.
The mobile application comes with features such as Regular binary options, 60 seconds, one touch, my account, and my portfolio. You can execute trades with a click of a button. The app avails live charts of every available option and allows you to view your entire trade history.
If you thought you have to change your login information, you are wrong. The login information is the same as the web-based platform. As much as you may have to part with your network provider’s download charges, Finpari will not charge you for downloading their app.
Spotfollow- Follow the Leaders
In our quest to become successful in many areas, we need to follow experts that have proved worth following. Binary options trading is not an exception. Traders should emulate experts and try to copy their strategies.
On their trading platform, Finpari provides traders a chance to follow their leaders. Just click the ‘Follow Me’ button and you are good to go. The broker believes people can learn great insights from experts. If you are new to binary options or have failed to make significant profits, this is great news for you. In our view, “Follow the Leaders” is a great feature that makes Finpari stand out from the rest of the perk in the industry. With this social trading concept, users can scan and identify Top Leading Traders in every asset. The users can follow another trader’s actions and open positions that are similar to the user under defined algorithms.
You do not have to search manually for pro traders since the system automatically searches for you as you select your asset, follow me, and duration of the Spotfollow. You can follow up to five leaders of your choice for a particular asset.
In all the review we have carried so far, we think Finpari has the greatest range of trading assets. Their stocks assets on offer are so many that we cannot mention all of them in this review. The broker’s assets also include currencies, commodities, and indices.
Stocks include Rolls Royce, Bae Systems, Reuters, IBM, Nissan Motor, Teva Pharma, Tesco, Turkcell, Tata Motors and many other stock assets.
Currencies include EUR/USD, GBP/USD, NZD/USD, USD/CHF, USD/JPY, USD/CAD, EUR/JPY, EUR/GBP, USD/TRY, USD/RUB , USD/ZAR, and USD/SGD.
You can also trade in commodities like sugar, platinum, oil, gold, silver, coffee, and wheat.
Indices on offer are also so many. They include Dow, S&P 500, and Nasdaq from the US; DAX (Germany), CAC (France), FTSE 100 (UK) and many others.
Therefore, traders have access to rich varieties of assets to trade to make a great profit in their trading experience.
If you are a novice in the world of binary options trade, you need not worry. As said earlier, our review found out Finpari to be a professional website that is willing and able to walk with every trader at every stage. The broker has a rich library of information, strategies, tips and illustrations in its Education Center.
Be sure to go through the Trading Basics before making a trade ensure you are on the right track. The guide takes you through steps in placing trades when it comes to Binary Option, One Touch, Pairs, Option Builder and Sixty Seconds options. The steps include selecting the asset, choosing the desired expiry date, entering the amount of trade, choosing the direction, and managing the trade.
Video Tutorials are also available to ground you further in the world of binary options. Much of them were discussed earlier in this review. ‘Trading with Professional’ is another versatile tool that provides ‘master class’ lessons to silver and gold traders. The lessons consist of theoretical as well as practical trading insights and ideas.
The FAQ subsection of the education center is another great place to go for answers to questions that are frequent among traders on the platform. It covers answers concerning offers, account, getting started, trading, and safety of funds. Almost 90% of all common questions have answers in the FAQ section.
If, in any case, you fail to get an answer to your question, you can easily contact their professional support team through the live chat, phone call, or email. The support team is one of the most professional, understanding, patient and knowledgeable support staff in the industry. It ensures every question gets the maximum attention it deserves.
The platform supports English, French, Spanish and two other main languages. Therefore, many clients worldwide can access the platform without having to worry about language barrier.
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Finpari is a website that every serious trader needs to consider. The broker offers professional services that most binary brokers out there have failed to offer. Their website demonstrates a feel of professionalism and easiness. Their trading platform, Spot 2.0, is one of a kind in the industry. If you have been looking for a broker that enables traders to make a wide variety of choices and explore their prowess, you have reached the right place. They will walk with you through all the steps by offering you with video tutorials, answering your questions, and giving you juicy offers. Their deposit amounts are pocket-friendly, and their payment processes are secure and top-of-the-industry. We give Finpari two thumbs up!
Overall review we will give Finpari 4,5 stars out of 5 as a binary options broker site.
Michael Allen is the main author at www.binaryoptionrobotinfo.com. He holds a PhD in Economics and has worked in investment banking for 24 years.
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