Forex F1 Finexo Review

Finexo Review

Details and review of Finexo

In the following section you can find a detailed information about Finexo Forex broker. Afterwards company and trading information you will find customer reviews and at the end of the page you can also rate and review Finexo Forex broker.

Finexo Forex broker company details
Forex broker nameFinexo
Forex broker rating4.8(6 votes)
Forex broker logo
Company long name
Founded2003
RegulationBaFin
TypeMM
Broker description
Finexo Overview
Finexo were founded in 2003 and the headquarters are based in Nicosia, Cyprus. Since March 10th, 2010, Finexo has been operated by SafeCap Investments Limited who is regulated by CySEC and MiFID. Finexo provide multiple trading platforms including MetaTrader 4, MobileTraders and Finexo AutoTrader. It is user friendly and offer one-click trading and trailing stops. Phone orders are accepted. Customer support is available 24 hours a day through live chat as well as by phone and email and available in English, Spanish, German, French, Russian and Arabic.
Deposits and Withdrawal
Finexo accept a number of payment methods including Visa, MasterCard and Diners Club credit and debit cards, wire transfers, Webmoney and have some local payment options available. Withdrawals can be made to a bank account via wire transfer or to a credit card only if it was used to fund the account.
Promotions and Bonuses
Finexo generally offer bonuses on initial deposits with conditions attached linking it to the volume of trade. Other bonuses or promotions may be offered from time to time.
Positives
- $100 minimum required to open an account - Free demo account available - Competitive spreads - Automated trading is allowed - Mobile trading available
Negatives
- Withdrawing funds is limited to credit card and wire transfer and can be slow - Scalping is not allowed - No mobile alerts available - Does not accept US based traders
Conclusion
Finexo provide some tools to help traders and provide some education material for new traders, but both areas could be improved. Overall, Finexo offer a solid trading platform where both new traders and experienced traders can have confidence in its reliability.
Finexo Forex broker contact informations
WebsiteVisit Finexo website
EmailEmail
Live chat
Phone+49-211-23956121
Fax+49 211 2049 162
AddressMorsenbroicher Weg 191 40470 Dusseldorf
CountryGermany
Finexo Forex account details
Minimum depositUS$ 100
Leverage100 : 1
Spreads on majors3-4 pips
CommissionNo
Minimum trade size10000 units
Currenc pairs57
Payment optionsCredit card
PlatformWindows, Web
Demo accountOpen a demo account
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eToro Forex broker reviews and ratings
Average rating
52008-04-22 07:50:59Andrew
I like their quotes: "Finally trading makes sense" "Forex trading has evolved. No more complex charts, painful platforms and daunting lingo. " That's funny. I prefer using my charts as backup but I'll give them a shot. you gotta give them points for innovation... theior support is very good also.
52008-11-20 18:30:06Joe N
Good and stable trading system. Support very helpful. have been with them for 3 months and very happy so far.
52009-06-30 09:48:06JoeK
Good broker, great support. Have been using them for 2 years
52009-06-22 05:38:55Steve
I\'ve been trading with etoro for almost a year and only had a few minor problems which were always fixed promptly. The first time I withdrawn money it took longer, but afterwards withdrawals were quick. eToro is a great platform and I highly recommend it to all traders!
5 2010-09-25 18:14:14ejiyemi ayodele
it is good and i was love that,but that is wow
52011-08-14 04:18:14Nick
I have been trading on the Etoro platform now for just over a year and started there as a total novice that did not even know what a chart should look like. Had it not been for things such as the online chat with fellow traders and the Real Etoro staff that pop in from time to time, I would still have been clueless. Sure we have platform freezes but are much more stable then when I started. I am sure that anyone that knows something about the IT world that nothing runs perfectly all the time....There are just too many variables...Bottom line..........I am happy with Etoro and will remain there for life.
52012-02-06 15:57:11 matuwucymi