Trading of binary options has become a steady cash cow for investors who like trading on financial markets. However the US market has always faced hitches with trading of binary options. This is directly attributed to the stringent conditions that the financial brokers have been forced to adhere. This has seen the brokers flee from this market and the American traders have been left with few brokers. Cases of fraudulent brokers and non compliant brokers have reduced and only few brokers have been left. For this reason Finpari (a binary broker) has set foot in this market and has gained all the credibility from the US traders. Their success is attributed to the following factors.
Trading platform, payouts and assets
With its simple and well-designed platform, Finpari .com has had a fast growth in a short period of less than two years. The platform is user friendly with a straight forward graphical interface to enable new users to navigate freely without any technical help. It has a mobile trading platform where traders can trade through their smartphones, tablets or iPhones. It might be inconvenient for some since it is not available in many languages, there are only three available that are; English, Thai and Russian.
The website is secured and protected by GODADDY to prevent user personal data from being stolen leading to online frauds. Finpari option is linked with Reuters to provide clients with and accurate trading information. This is because trading information is a tool of trade and professional traders understand the key roles of data, statistical, press and news release.
Finpari offers a high of up to 83% payout ratio to traders, and for those who are using the one touch can enjoy as high as 500% payout ratios.
With 57 assets, finpari.com provides an opportunity to trade all the major assets. The most traded assets include stock, commodities, currencies and Indices. Traders can have EUR or USD accounts to be able to trade from. This might not be a disadvantage since most of brokers use the EUR or USD currencies for their international recognition as standard exchange currencies.
Banking and account types
Deposits and withdrawal of funds takes a maximum of 1 hour and can be done though Credit/Debit card, PayPal, Web Money, QIWI Wallet, OK Pay, Perfect Money, Neteller and bank Wire Transfers to offer users a wide payment channels that are convenient to them. They however, have fees on withdrawals and deposits of a rate of 3%. This might be a major setback since it might affect your profit levels.
There are various account types that are available to traders with each account having its advantage and client satisfaction.
Fixed income account (FIA): In this type of account, traders are required to be Finpari clients who are active and regular traders; the clients receive a 10% return monthly of their investments and all trades are done by the Finpari team and not the clients. The minimum months that you can invest is $500 and for one month.
Gold account: it’s a customized account, offering VIP services to traders; the minimum deposit amount is $3000.
Silver account: this is a standard account for traders; it has a minimum deposit of $1000
Bronze account: it is the smallest trading account where traders can deposit a minimum of 250 and have access to a demo account.
With the use of screenshots, Finpari have enhanced the appearance of their academy sector to help new traders not only to understand trading strategies but also to have an idea to navigate around the website easily. They offer a live chat, webinars and forums, eBooks and professional managers.
There are various option types that are offered at Finpari.com and they vary the strategy the user uses. Each type has a different functionality and serves a specific purpose on how they place their trades. They include:-
Pairs: A trader takes a comparison between two pairs let’s take EUR/USD for instance, if the Euro performs well the trader may select a call action and selects an expiring time after which he may enjoy his profits.
Long term: it is similar to the normal binary option but the expiring times are a bit longer e.g. 1 week, month or year.
Sixty seconds: the expiring time ranges from 60 seconds to 5 minutes.
One touch: It is a high yielding Option with up to 500% payout rations. Traders using one touch are required to predict a particular asset if it will attain a particular amount at least once.
Ladder: the concept is the same with one touch but in this case traders are required to predict if the asset will reach a particular level in multiple times.
Spot follow: it is similar to social trading where a trader selects a particular performing trader and tailors his trades.
There are two main tools that are used at Finpari.com; the option builder and social trading. Option builder is a common strategy that is used by many brokers. It is a sophisticated tool linked to the trading platform enabling traders to analyze the trades they prefer. There is no universally accepted strategy but traders can personalize their strategies to fit their trading habits, pair’s selections and the expiring times.
Social trading this is strategy is mostly used by new traders who want to attain profits that are equivalent to expert traders. The traders will select a particular trader and follow his lead of historical trades, strategies, or even his real time trades. His trade selection will be similar to the expert.
Bonuses and Promotions
Bonuses at Finpari.com are offered on the basis of the account type you have. Traders with bronze accounts will not have same bonuses as those on silver or gold. Gold traders have all the benefits that other account holders have such as 100% bonus on deposits, first three free risk trades and a Swiss prepaid card, and an account manager.
Finpari.com has had a consistent growth due to their customized customer care. They have a well-established customer service system that is available 24/7. You can contact them using various channels such as email, live chats, telephone conversations and visiting their headquarters in 306 Premier Building, Albert Street, Victoria, Mahe, Seychelles.
Finpari has distinguished itself from other brokers by offering the US clients a safe and cool environment for trading. Profit withdrawal is seamless and the available withdrawal methods are common in use in America. What’s holding you back from joining Finpari? Visit Finpari today.