FINEXO is a Cyprus-based online trading broker that offers over 2100 financial instruments across various asset classes, such as stocks, forex, cryptocurrencies, indices, commodities, bonds, ETFs, and CFDs for online trading using a range of trading platforms. FINEXO creates a simple and easy-to-use trading environment for all levels of traders. Traders are provided with a range of trading and learning tools, as well as a client support team to aid the trading process.
FINEXO Review Introduction
In this FINEXO review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including FINEXO.
FINEXO Platforms & Tools
FINEXO offers traders the opportunity to trade multiple instruments with the MetaTrader 4 trading platform, which is one of the most widely used online trading platforms among forex and CFD traders. It is fully customizable and has a user-friendly interface, a quick learning curve, and a vast array of built-in trading tools, so the platform is suitable for beginner traders as well as experienced traders. There are multiple technical indicators and drawing tools, three chart types, and nine timeframes. The MT4 trading platform is available as desktop, web, and mobile versions.
There is also the WebTrader platform that is built with various trading tools and capabilities, including multi-chart display windows with independent chart functions. It offers access to quick and comprehensive overviews on trending assets. It runs directly on most modern web browsers, so you don’t have to install an application before using it.
On the broker’s website, there is an economic calendar, which displays upcoming economic events and their expected impacts on the financial markets.
FINEXO Research & Education
There is an FAQ section on the broker’s website. It has instant answers to the most common questions that traders may have.
FINEXO Trading Accounts
The broker offers a selection of different trading account options to meet the individual trading needs of clients. The least amount needed to operate an account is $100. The spreads are variable and quite low, starting from 0.02 pips. The live trading account types are Micro, Silver, Gold, Platinum, and Exclusive Accounts. There is also the demo account, which is designed to enable beginner traders to test out the broker’s platforms and practice risk-free trading with virtual funds before opening a live trading account.
FINEXO Account Funding
FINEXO supports fast deposits and withdrawals through a range of payment methods, including credit/debit cards, fast bank transfers, and E-payments.
FINEXO Customer Service
The broker’s multilingual client support team is always available to respond to clients’ inquiries through the following contact channels: telephone, email, and Live Chat.
FINEXO is owned and operated by Trade Capital Markets (TCM) Limited, which is authorized and regulated by the Cyprus Securities and Exchange Commission with license number 227/14.
FINEXO Review Summary
FINEXO is an online financial services provider that was launched in 2014 in Cyprus. They provide traders with multiple trading platforms for trading over 2100 financial markets. Traders get to make use of a range of trading and learning materials provided on the broker’s website. There are several trading account options with a required minimum deposit of $100. A multilingual client support team is also on hand to assist traders at every point.
It is worth mentioning that some of the trading products and services in this FINEXO review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the FINEXO broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.