Finpari Review

Finpari is a newly launched binary options broker with very promising feature. Sounds impressive but does it really deliver? Let’s find out in this detailed review:

Advantages
1. Withdrawals in 1 hour
2. Up to 100% welcome bonus
3. Free risk trades for beginners
4. Minimum deposit of only $250
5. Free trading lessons
6. Deposits via Paypal and BitCoin
7. Easy to use trading platform
8. Free entrance to weekly contest with the prize fund of $20,000
9. Consultations with market expert over the phone or Skype
10. Free tools: Fundamental Analysis, Markets News, Expert commentary, trade partner ideas
11. USD/EUR trading on weekends
Disadvantages
1. Not regulated

 

Read the Bottom Line! 
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(4/5)

Minimum Deposit

A minimum deposit of $250 is required to open an account with Finpari. This is a little close to the 43% of the brokers in the industry today that require a standard minimum deposit of $200.

Finpari minimum deposit

The type of account and the benefits will depend on the amount that was deposited:

  1. Individual account manager: This person will be the one who will handle your account and other transactions.
  2. Withdrawals in 1 hour: This means immediate refunds
  3. Risk-free trades: You can get 3 risk-free trades if you’re a Gold member

 

Minimum Deposit

EZTrader ($200)
anyoption ($200)
BDSwiss ($100)
24option ($250)
Finpari ($250)
TopOption ($100)

 

(4/5)

Design and Layout

The overall design is the ideal layout for trading. It’s very pleasing to the eyes and has the right colors making it more engaging and more interesting to use. It loads perfectly and only takes a few seconds.

Finpari platform design

(5/5)

Banking Methods

They accept the most common payment methods and this includes credit cards, wire transfers, PayPal, Skrill, WebMoney and Neteller. This gives a lot of convenience in transferring funds into the account since there are a lot of ways to do it.

(5/5)

Minimum Trade

32% of brokers in the market today require a minimum trade size of $25 but with Finpari, you only need to invest $1 which is a good advantage for managing the trading funds and lowering down the risks.

 

Minimum Trade

EZTrader ($25)
anyoption ($25)
BDSwiss ($5)
24option ($24)
Finpari ($1)
TopOption ($5)

 

(5/5)

Available Assets

They have more than 150 tradable assets, which is the average total number in the market today. It’s good to know that they have covered all the 4 categories giving plenty of opportunities to make differentiated trades.

Finpari assets

 

Available Assets

EZTrader (91)
anyoption (97)
BDSwiss (68)
24option (104)
Finpari (151)
TopOption (180+)

 

(10/10)

Trading Platform

Around 12% of brokers in the industry today use the new Spot 2.0 platform and Finpari is one of them. This is one of the most advanced platforms in the market today.

Finpari platform

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(9/10)

Quotes

After doing several tests on their platform, I never encountered any issues with the market prices that they are displaying on their interface. I’ve made several comparisons and generally, the feeds are synchronized with real-time financial data.

(10/10)

Payout Rate

The maximum payout that you can get out of a regular binary option trade is 90%. This is competitively higher than what most brokers can offer. In fact 33% of the brokers today only offer an average rate of 85%.

Finpari payout rate

 

Payout Rate

EZTrader (81%)
anyoption (75%)
BDSwiss (85%)
24option (88%)
Finpari (90%)
TopOption (85%)

 

(10/10)

Withdrawal Processing Time

With Finpari, processing of refunds is done in a matter of 1 hour. No other broker in the market can actually achieve this kind of speed! This is a far cry to the average waiting time of 10 days that is followed by 21% of the brokers in the market.

Finpari withdrawal processing time

 

Withdrawal Processing Time

EZTrader (Up to 7 days)
anyoption (Up to 7 days)
BDSwiss (Up to 7 days)
24option (Up to 3 days)
Finpari (1 day)
TopOption (Up to 7 days)

 

(9/10)

Customer Service

Even their customer service quality is way above the industry standards. They have trained their agents to provide answers in less than 45 seconds, something that most brokers can’t do. And to see if they can really achieve this, I tried contacting them several times and to my surprise, they were very consistent!

(5/10)

Regulation

Although they belong to the 41% of brokers that are not regulated, they have actually submitted their application for a license. This is a good indication that they are serious in making business with their clients and that they will abide by the strict rules to be granted with this license.

(13/15)

Brand Reputation

Finpari may only be new in the business but they have actually won the approval of many traders and financial experts. Their ability to process withdrawals in 1 hour is far superior than any other broker and their excellent customer service quality has been praised by binary traders from all across the globe including those who are based in Singapore, Hong Kong, Indonesia, Malaysia and Ireland.

Our verdict (90/100)

Finpari has only been in the industry for less than a year yet it has already made a lot of innovations that are incomparable to most brokers today. Their fast withdrawal processing time is impressive and their support quality is definitely hard to beat. Clearly, this broker is off to a good start and their features are no doubt the best in this competitive world of binary options trading.

Visit Finpari! ►

8 Responses

  1. Michael A
    Michael A at |

    One of the reasons why I signed-up with Finpari is that they support Paypal. It’s rare to find a broker that supports this payment method. I deposited 250 usd and the funds were transferred in less than an hour.

    Reply
    1. Simon Quinn
      Simon Quinn at |

      Same here. It’s also nice to know that they won’t charge you with any transfer fees.

      Reply
  2. Willard King
    Willard King at |

    Withdrawing money was indeed faster with Finpari compared to other brokers. I was able to get the funds back on my Visa credit card.

    Reply
  3. Paul Pagé
    Paul Pagé at |

    Do you accept canadian traders?

    Reply
  4. Liam Edmunds
    Liam Edmunds at |

    Finpari do have a very good platform with a very dedicated support staff that will help you in times of need.

    Reply
    1. Sam McDonald
      Sam McDonald at |

      They are indeed very prompt in replying to calls and emails sent to them. You may immediately see that they are working really hard to give you results.

      Reply
  5. Carl Alsop
    Carl Alsop at |

    Finpari have this trading contest going on right now, it is with regards to 40 up players with highest number of trades.

    Reply
  6. Gordon Carr
    Gordon Carr at |

    Finpari is one trusted brokers with a lot of positive reviews and I attest that this broker have a high dependability rate from most of its traders.

    Reply

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