Finpari is one of the best binary options brokers for US and International traders. What makes this broker unique is the possibility to deposit using Paypal and Bitcoin. This broker has a good reputation in the industry.
- Generous $250 Welcome Bonus
- Great Payouts: 90%
- Powered by SpotOption
Top Rated Broker
- Web site
- Online since
- Scotland / Seychelles
- – Paypal and Bitcoin Deposits
- – Great Support Team
- – US Also Welcome
- – Unclear regulation
Finpari is a partly UK based binary options broker founded in the year of 2014 has a headquarter in Scotland. Finpary is owned by two companies: Norske Inter LP (HQ in Aberdeen, Scotland) and Lerona Impex SA (HQ in Seychelles). The broker is very popular in the US, Europe and Asia.
Finpari offers more than 100 assets including stocks, currency pairs, commodities and indices. Every day, Finpari processes over 10,000 transactions and they accept traders from the USA as well as payment via paypal. Paypal binary options brokers are pretty rare and Finpari is the best paypal friendly broker.
The broker is powered by SpotOption and offers secure trading, 1 hour withdrawals and mobile trading. This also means that the broker is compatible with many signal providers. Finpari is also one of the few brokers that integrated ZuluTrade, where you can get signals from thousands of other traders. The ‘follow the trader’ feature allows you to trade based on the style of the most successful traders. There are over 10,000 trading signals from traders around the world.
Finpari Trading Platform
Finpari if powered but the SpotOption 2.0 platform. This trading platform is available as a web based platform and mobile users can download the finpari app to trade on their smartphones. You can use the chart to learn about the price movement of a specific asset within a selected period. The payout rate is listed clearly on the right side of the platform. Finpari offers returns up to 90%, which is one of the highest in the industry.
Finpari will return 10% of guaranteed monthly income for traders who open the fixed income account and they offer all kinds of options contracts including:
- standard options
- short term
- long term
- one touch
There are many expiry time frames to choose from including:
- 60 seconds
- 30 minutes
- 1/2/4/8 or 12 hours
- end of day
The mobile platform can be used to trade regular binary options, short term and one touch options. You can easily view your trading history through your account. The mobile platform features live charts, and instant trade execution.
Initially, this binary options broker started out focusing on Russian and Asian customers that are from Russia and Asia but it later expands into other countries. While reviewing Finpari we found out that they are not licensed by Cysec. Their homepage says “regulated broker” however we are not sure which regulation that is.
Finpari Trading Accounts
Finpari offers several types of trading accounts including
- Bronze Trader Account: The Bronze account is for traders who want to deposit in between $250 – $1000. With Bronze account, you can get a 20% welcome bonus.
- Silver Trader Account: The Silver account has a minimum deposit requirement of $1000 – $3000. The Silver account offers a 50% welcome bonus.
- Gold Trader Account: Gold account requires a minimum deposit of between $3000 – $50,000. The Gold account offers 100% welcome bonuses for customers. The maximum limit for the bonus is $100,000.
Both Silver and Gold accounts feature master class courses and and unique deposit bonuses. Gold account users have the most benefits as well as an individual account manager.
Demo account is available for all account types. The demo account requires you to deposit at least $250. It is very easy to use the demo account to test different trading strategies. When opening an account, you can choose from two types of currencies: EUR and USD.
Deposits and Withdrawals
Traders can deposit or withdraw funds from their accounts through several methods including:
- Credit/debit card
- Qiwi Wallet
- Perfect Money
- Bank wire
Paypal is one of the most popular deposit methods on Finpari. You will be charged with a commission fee of 2.5% if you fund your account through credit or debit card. Finpari offers 100% secure trading that features 256 bit SSL certificate and 3D Digital . The clients funds are protected in a bank based in Europe. The customer representatives will process your withdrawal request within 1 hour.
The minimum amount you can deposit into your account is $100. You have to provide documentation if you want to withdraw more than $1,800. After they have approved your withdrawal request, it will take another 5 – 6 days for the funds to arrive in your account. International withdrawal will be charged with a fee of $50. If you want to withdraw the bonus in your account, you must reach the wager rate of the original bonus amount (read their terms before accepting any bonuses).
Binary Options Education Center
The education center provides tutorials on binary options basics. The tutorials provide tips on how to trade the different types of assets including binary option, One Touch, Option Builder, Pairs and Sixty Seconds.
The video tutorial offers an overview of the features in the trading platform. There are also video tutorials that provide free binary options trading tips including trading techniques, trading models, and best trading time.
Finpari Review: Customer Support
Finpari offers 24/7 customer support through live chat, email, and telephone. It provides international telephone customer support for USA, Russia, Hong Kong, Thailand, Singapore and Australia. You can use the online web contact form to email the customer representatives if you have any query. The 24/7 live chat customer support guarantees that you will get a response within a time frame of 45 seconds.
Is Finpari a legit broker?
As you can see in this review, Finpari is great binary options broker that offers a reliable trading environment as well as unique features like Paypal deposits, integrated ZuluTrade and high returns of up to 90%.
This broker managed to attract a large number of traders in a short time because it offers many advantages over other brokers. In addition, it has a responsive customer support team that will respond to customers’ request within a short time frame. There is really no reason why you shouldn’t give Finpari a try.