Finmax was once a go-to name in the binary options space for Russian traders, especially around 2017–2019. It offered binaries with a sharp-looking platform, Russian-language support, and a well-targeted marketing push across CIS trading forums. But as of 2025, Finmax’s relevance has faded—and not for good reasons.
It still exists, sort of. You can find traces of it online (usually as FinmaxBO), and some affiliate links still push it. But between slow withdrawals, bonus traps, and regulatory heat, most Russian traders have quietly moved on to more stable (or at least more transparent) platforms.
Here’s what you need to know if you’re considering Finmax in 2025.
Is Finmax Legit?
No, not really—not anymore.
Finmax operated under Mediacorp Ltd, registered in St. Vincent and the Grenadines, like most offshore binary brokers. There was also FinmaxFX, which focused on forex and CFDs, claiming a license from IFMRRC (a fake, self-regulated registry that doesn’t mean anything).
Finmax used to be:
- Offshore and unregulated
- Aggressive with bonuses
- High-pressure on deposits
- Slow with withdrawals, especially on large sums
As of now:
- The binary platform is hard to access, and may redirect to unrelated sites
- Old accounts are mostly inactive, with users reporting zero support
- There are no active regulators involved in oversight
- The brand is largely abandoned, though still used by some affiliates
In other words, you’re on your own if you use Finmax in 2025.
Binary Options Trading on Finmax
Back in its active years, Finmax offered:
- Classic binary options (Up/Down)
- 60 seconds to 1-hour expiry
- Assets: Forex, stocks, indices, commodities
- Payouts: Typically around 70–85%
The minimum trade was $5
The minimum deposit was $250
The platform was web-based and relatively clean—but today, most links to it are broken, and the binaries section is largely abandoned.
If you can even get in, expect:
- No updates
- No real-time support
- Trade execution delays
- No mobile trading compatibility
It feels like it’s running on autopilot.
Why Russian Traders Used Finmax (Back Then)
A few years ago, Russian traders liked Finmax for:
- Russian-language support
- Aggressive affiliate bonuses
- Full website and platform localization
- Easy crypto and e-wallet deposits
- Big Telegram promotions
But that trust began to erode after:
- Bonus terms locked withdrawals
- Customer support went cold
- Withdrawal delays increased
- Reports of account blocking surfaced in forums
These days, very few Russian traders still use Finmax, and most recommend staying away.
Deposits and Withdrawals
Back when it worked:
- Minimum deposit: $250
- Minimum withdrawal: $50
- Funding methods:
- Credit/debit card
- Crypto (BTC, LTC)
- eWallets like WebMoney, QIWI, Yandex.Money
Problems reported:
- Withdrawals taking weeks to months
- Accounts flagged for bonus “abuse”
- High withdrawal thresholds
- Unresponsive support during withdrawal delays
Now? Even crypto deposits are risky. No guarantee of platform stability or withdrawal success.
Bonuses and Promotions
Finmax pushed bonuses hard:
- Up to 100% deposit bonuses
- Trading volume requirement of 40–50x the bonus
- Bonuses often auto-applied, making withdrawal nearly impossible until traded out
This was one of the biggest user complaints—traders couldn’t get their own deposits out after unknowingly triggering a bonus.
Some claimed support told them bonuses couldn’t be removed once accepted, even if they didn’t knowingly request them.
Today, bonus offers still show up via archived affiliate links—but no reliable way to verify or manage them anymore.
Copy Trading and Social Features
Finmax tried launching a copy trading tool that showed “top traders” and allowed new users to follow their trades. Like most offshore social features, it was non-transparent, unverifiable, and likely used as a marketing tool.
There is no working copy trade system left on the site, and old user data appears wiped.
Platform and Mobile Experience
Once upon a time, Finmax had:
- Web-based trading platform
- Basic charts and technical indicators
- Mobile app (Android/iOS) for binary options
As of now:
- The mobile apps are delisted or non-functional
- The binary platform is mostly unreachable
- Users report expired SSL certificates, 404 errors, and login problems
Even if you can access it, it’s not safe to trade there anymore.
Support and Russian Language Access
Support used to include:
- Russian-speaking staff
- Email, chat, and phone support
- Telegram group chats and VK promotions
Now?
- Live chat is offline
- Emails go unanswered
- Russian traders report no response for weeks
- No active Russian-language help desk
Basically, support has vanished, and there’s no way to escalate issues.
Security and Regulation
- No real regulation
- No client protection
- No fund segregation
- No oversight of pricing or trade execution
The platform relied entirely on its own policies—and now that most of the team appears to be gone, even those don’t apply.
Should Russian Traders Use Finmax in 2025?
No.
Finmax had its time—but that time is over.
It was never regulated, but it did function for a while. Today, it’s basically an abandoned shell with no working support, unstable access, and outdated systems. There are far better (and more active) binary options brokers still open to Russian users—like Olymp Trade, Quotex, Pocket Option, and GC Option.
Final Verdict:
- Binary Options Available: ❌ (Barely functional)
- Russian Traders Accepted: Not reliably
- Russian Language Support: ❌ (Inactive)
- Crypto Deposits: ⚠️ (Not recommended)
- Minimum Deposit: $250 (outdated)
- Bonuses: ❌ (Toxic, with withdrawal blocks)
- Regulation: ❌
- Support: ❌
Finmax is no longer a viable choice for Russian binary options traders. It had a decent run years ago, but today, it’s not just risky—it’s practically defunct. If you find a Finmax link online in 2025, do yourself a favor: close the tab and look elsewhere.