Fintech is one of the new binary robots that are recently released in the binary market. If you have already heard about Fintech, then you probably know it is based on trading algorithms and on complex trading indicators that claim to bring high profits to its traders.
Besides powerful indicators, Fintech relies on the effective data analysis that is very important for all traders that are into binary options. Read our Fintech review below and find out most important facts about this binary software.
What is Fintech Software?
Fintech software is a binary auto trading robot that trades on behalf of trading algorithms. Traders are welcome to trade for free and trade both manually and automatically. This robot is easy to use and it is suggested for beginners too. According to the Fintech website, this software won’t be free forever, so better hurry up and make the most of this opportunity. Fintech has ensured a various assortment of trading assets from DowJones, Nasdaq, Nikkei 225 and others.
According to the Fintech website, traders can make profits up to $2,500 per day. This algo system is integrated with innovative technology and their algorithms generate thousands of data inputs on various financial markets. Traders don’t have to know anything about technical or fundamental analysis or know how to read charts. Fintech software is here to calculate, predict and place trades for you.
How to Open Account With Fintech?
We have created a Fintech account in order to test this platform and show traders most important trading features of this algo robot. After filling most basic personal information, we have been required to complete step 2 before continuing.
Deposit with a broker and trade with Fintech
This means that Fintech wants you to deposit funds in order to use and see its trading platform. Traders can enter Fintech platform, where they will be informed they must deposit with a StoxMarket broker. We always prefer to check trading platform before making any deposits with binary brokers.
This is important for traders because they want to see how platform looks and if they like it or not. We think Fintech could allow traders to see trading platform before they make the first deposit with a broker. The fact where traders are immediately connected with a broker is positive because it removes additional steps of searching and registering with a broker. This will especially benefit trading newbies that can start trading right away.
The first broker is automatically assigned to Fintech account. In our case, we have been assigned with StoxMarket broker.
Registration with Fintech and adding brokers
Fintech traders are welcome to trade with some of the registered broker names like:
- Banc de Binary
Besides regulated brokers, traders can choose to trade with unregulated brokers: OptionFM, PorterFinance, Magnum Options, OptionBit, Tropical Trade, StoxMarket and more. BinaryRobot.org does not recommend traders to trade with unregulated brokers.
How to Start Trading with Fintech?
There are just three steps that will lead traders towards trading with Fintech. The first step is to create personal Fintech trading account. This step is simple and traders can register in just a few seconds. According to the Fintech website, there are only 7 available trading accounts per day. If there are no Fintech slots available, traders are recommended to join Fintech on next day.
We have registered with Fintech to analyse trading software from the inside and to provide most accurate information for traders that are interested in trading with Fintech. Registration with Fintech is free and traders won’t be charged any extra fees.
After registration with Fintech is finished, traders need to activate their account before trading. According to the Fintech website, traders will be provided with most reputable brokers from the binary market. Step three is to monitor personal Fintech account.
What are Fintech Trading Features?
Fintech has the variety of useful, but simple trading features. Perfect for those who have no time or no earlier trading experience. The feature we like the most is having a mobile platform that brought the ability to trade from anywhere. Mobile trading has become very important and without that, traders cannot constantly monitor their trades. Fintech is available on both laptops, Android and iOS devices and tablets. It is a web-based software that needs no downloads.
Fintech risk levels enable traders to define preferred percentage of risk they are willing to experience while trading. Beginners can always choose low-risk trading, while those who prefer more risks in their trading portfolio, can choose higher risks. The most important thing about Fintech is that traders have more options to choose from.
Another thing we appreciate is trading platform being supported in English, Spanish, Russian, German, Dutch and French. Some traders have difficulties with English language and it is easier for them to use the platform in their native language.
Among the variety of trading features, we have found Fintech offers social trading too, which has become a trend in binary options market.
In our Fintech review, we have found out there is also a manual trading tool available, which will especially cheer up traders with more trading experience.
Fintech has shown that it provides both features for beginners, but for experienced traders too, which is a great advantage.
Fintech VIP Account
We haven’t found Fintech offers any additional trading accounts like we are used with some other binary robots that provide VIP account. Looking from the beginner’s perspective, this is not so important, while traders need only basic features that will satisfy their needs.
Fintech Broker Partners
According to our Fintech review analysis, we haven’t found more than one available brokerage company traders could trade with. The only broker Fintech will connect you with is a StoxMarket broker. Again, from the beginners perspective, one broker account is not a bad thing, as trader needs to learn about trading and he will be satisfied with less trading options. But, when we focus on traders with more experience, this fact can be a negative thing, because they will easily feel bored.
Fintech Customer Support
Behind every good algo trader, there is also a good customer support service. Fintech has ensured basic support, where traders can contact Fintech agents through the simple contact form. We are used to having more support options, especially to be supported with live chat. This is one negative fact Fintech can work on in future.