Finpari | Binary Options Brokers

Finpari Review

Finpari
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Overview

Finpari is a binary options broker that has only recently started, and our review makes sure you get to know it better. Finpari was established in the year 2014 and…

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Details

Broker Finpari
Website URL http://www.finpari.com
Founded 2014
Headquarters 306 Premier Building, Albert Street, Victoria, Mahe, Seychelles
Support Number +1 646 8849563
Support Types Phone , Live-Chat , Call Back , e-Mail Form
Languages English , Russian , Thai , Spanish , French
Trading Platform SpotOption
Minimum 1st Deposit $250
Minimum Trade Amount $10
Maximum Trade Amount $10,000
Bonus Unlimited Welcome Bonus
Payout 90%
Free Demo Account Yes
Regulated Yes
Regulation UK Regulated
Account Types Bronze , Silver , Gold
Deposit Methods VISA , MasterCard , Paypal , WebMoney , Qiwi Wallet , OK Pay , Perfect Money , Wire Transfer , Neteller
Withdrawal Methods VISA , MasterCard , Paypal , WebMoney , Qiwi Wallet , OK Pay , Perfect Money , Wire Transfer , Neteller
Trading Methods Web , Android , iPhone
Number of Assets 58
Expiry Times 60 Sec , 30 Min , 1 Hr , 24 Hr+ , End of Day , End of Week , End of Month
Types of Assets Stocks , Currencies , Commodities , Indices
Option Types Binary Options , Pairs , Long Term , Sixty Seconds , One Touch , Ladder , Spot Follow
Trading Currency USD , EUR , RUB , GBP
Account Currency USD , EUR , RUB , GBP
US Traders Allowed Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 92

Screenshots

Screenshot 1 Screenshot 2

Pros

  • Guaranteed withdrawals within 1 hour
  • Binary Contests
  • Transparent daily trading statistics
  • Possibility to trade over weekends
  • Accept US traders

Cons

  • Relatively new broker

Full Review

Trustworthy Binary Broker SealFinpari is a binary options broker that has only recently started, and our review makes sure you get to know it better. Finpari was established in the year 2014 and has successfully brought forward an amazing trading platform for all its traders in really less time. Not only do the traders get various educational resources, but they also get a wide range of trading assets to trade with.  Please kindly note that Finpari accepts traders from the US. To know more, read the entire review down below.

Finpari Special Features

Being new to the game, Finpari offers accounts that have the power to attract new traders. The minimum deposit starts with $250 and there are three different types of accounts with this broker. We noticed in our Finpari review that apart from all the good features, this broker also accepts traders from the United States, which is really rare these days. Here are the available accounts one can register for:

  • Bronze Account: A user gets a bronze account if the deposit ranges from between $250 – $999. This account enables users to receive their withdrawals in only one hour. Most of the brokers require at least 24 – 72 hours to process withdrawals, but Finpari does it in only one, which makes it really unique and favorable. The bonuses that traders can claim begin with a 20% bonus of the deposited amount. Besides, all the traders receive an initial trading course through a video and other material provided by Finpari. This really helps the new traders learn and get more efficient before they actually start trading.
  • Silver Account: A user gets a silver account if their deposit ranges from between $1000 – $2999. This account is recommended for traders who have some experience and are aware of the binary options trading rules. Users receive advanced educational material and a fast one-hour withdrawal service. Moreover, with a silver account, a user also gets a demo account with the help of which traders can get to know trading strategies and get along with the interface as well. Besides, a user with a silver account receives three risk-free trades and also falls under the trading protection. However, we recommend you to take a detailed look at the terms and conditions section before making any moves as rules will always apply and you would not want any surprises. The bonuses with a silver account could reach as high as 50%.
  • Gold Account: A user gets a gold account if their deposit amount is $3000 or greater. The bonus goes as high as 100%, fast withdrawals within an hour, one of a kind educational material, including everything from the Silver account but with additional features are the perks of this account. An individual account manager is granted to every trader holding this account. The manager helps by giving his expert trading advice and with the Swiss prepaid card.

Users can also go on a “fixed income account” with Finpari which is a unique investment offer. Here, the rate of return is basically pre-defined and a complete refund is guaranteed by the broker regardless of what the current market trends look like.

As we have already mentioned in the above sections, users get a bonus ranging from 20% to 100% on the basis of what account they own. However, some conditions apply here. All the bonuses should reach a 20 times turnover in less than 3 months before they can be withdrawn. In case this requirement is not met, the bonus is not considered and the amount is deducted from the account.

However, Finpari offers a really detailed user agreement about all its bonus policies so you will not have any issues reading and comprehending them before registration. In case a trader accepts a bonus mistakenly, the trader will just have to contact the support in 3 working days and the bonus will immediately be deducted from the account.

Finpari YouTube Video Review

Finpari Trading Software and Assets

Finpari possesses a user-friendly and nicely designed trading platform powered by SpotOption. All the bold colors you will witness do the job of representing the dynamic binary options world perfectly while the website’s appearance remains to be as beautiful as it can get at the same time. In our Finpari broker review, we were able to witness that this trading platform also gives users an opportunity to keep an eye on all their trades by giving a brief overview.

Moreover, users can also gain inspiration from other successful traders by following them and feel free to come up with their own strategies on that basis, which is a feature by SpotFollow. The options available to the users are 60 seconds, one touch, long term, pairs, ladder, high/low and a wide range of expiry times.

Users can either download the desktop platform or download the application for their smartphones (Android or iOS) from their respective application stores. With the help of this, traders can always keep an eye on their trades regardless of what time or location it is for them. One can carry out 60 seconds, one touch and other such regular binary options via phone, and can also check out their portfolio and account. However, not all the options are available on the phone version as they are on the desktop version, but that does not make the phone version inefficient. We found it really efficient and recommend you to use it so you can trade on the go.

Auto trading is yet another option and can be used in case you are not sure what move should you make next. The auto trading works via Binary Options Robot, which is probably the number one automatic trading software globally. The safety and ease of use remain high, so a beginner would really have no issues making decisions and can learn this way.

Finpari Support and Services

The Finpari platform comes in five different languages namely English, French, Spanish, Russian and Thai. This way, non-English speaking users will not have to worry. We saw that the Finpari support team can be contacted in two ways. First of all, one can simply give them a phone call. There are six telephone lines available, one each for Australia, Hong Kong, Russia, Singapore and Thailand), so it is up to the users according to their convenience to choose the number. Secondly, the live chat option which is easy to use and always generates a quick response.

In case you are more of a researcher and would rather find your answers yourself, the FAQ section is going to be your best friend. However, we noticed during our Finpari review that the FAQ section was rather less detailed. Only the basic questions regarding trading, user account, general binary options trading questions, safety, available trades, etc. were answered. That still does not make the FAQs not worth reading. They most likely will answer your concerns, and if they do fail, the customer support team has got your back.

Finpari Banking and Company

Finpari assures you that you do not have to worry about the safety of all your transactions. Your deposits can be made via several payment methods. This broker accepts payment modes such as bank wire, Neteller, OKPay, Qiwi Wallet, WebMoney, PayPal, Perfect Money and all major credit and debit cards. On the basis of what method you have chosen, a fee might be charged. You can find more information about this in the guide provided by Finpari regarding payment methods are shown on the website.

All the above-mentioned methods can also be used for withdrawal, and the minimum withdrawal mark is $50, which does not seem too high as it falls on the average compared to other brokers. However, a user who has not accepted a bonus can make a withdrawal only after it reaches a minimum of one turnover. Finpari has a small fee on withdrawals, i.e. 1% or $20, whichever is higher.

Traders accepting any bonus offers will be charged a fee of $20 or 3.5%, whichever is higher. If a withdrawal is done via bank wire, a fee of $50 is charged. A fee of 20% is charged if a trader wishes to withdraw his money before he has fulfilled the turnover requirements.

Despite promising fast processing of withdrawals, Finpari does not guarantee that your funds will be transferred on the very same day. The broker wishes to make you aware that it could also take about ten working days on the basis of what time of the year it is, what method was selected, etc. However, it usually is between 5 – 6 working days.

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Paul Graber

I was born in Manchester in 1967. I am an Economist with a Ph.D. degree. I have been working in the financial trading industry as a professional since 2003. I am a fan of Manchester United team. I am married and have a little princess.

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