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FinoTrend -

Score

1.39 /10
Danger

FinoTrend

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://finotrend.com

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Score

Regulatory Index0.00

Business Index6.07

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Warning

EE FSA
2022-02-02
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Broker Information

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Company Name

FinoTrend

Company Abbreviation

FinoTrend

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FinoTrend · Company summary

General Information

Registered in the United Kingdome, FinoTrend is an online broker, offers a wide range of trading instruments. However, please note that there is no evidence that FinoTrend is regulated by FCA or other regulatory agencies, be aware of the risk.

General

Market Instruments

With FinoTrend, traders can get access to a wide range of trading instruments. Different types of trading assets, including foreign exchange, indices, metals, energies, futures, shares, are all available through this brokerage platform.

Account Types

A total of five account types are available with both retail and professional accounts: Beginners, Traders, Expert, VIP and Exclusive. The minimum initial deposit to open a Beginner account is absurdly high 5,000 EUR to 9,999 EUR, Besides, account services are almost same, including dedicated account manager. Trading signals are only available with Expert, VIP and Exclusive accounts.

Aside from five accounts mentioned above, the Islamic account is also available.

Account

Leverage

The trading leverage differs depending on trading accounts. The leverage offered by five trading accounts ranges from 1:10 to 1:50. It is important for forex traders to select the level of leverage that they feel most at ease with. Low leverage like 5:1 or 10:1 may be more acceptable if you're more conservative and don't enjoy taking numerous chances or are still learning how to trade currencies.

Trading Platform

In terms of trading platforms, FinoTrend only offers its clients access to a WebTrader

Deposit & Withdrawal

FinoTrend allows its clients to make a deposit and withdrawal through Bank Wire Tranfer, Credit Card, as well as Debit Card.

Customer Support

Traders with any inquiries or trading related issues can get access to FinoTrend through email: support@fina-trend.com.

User Reviews

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User comment

2

Comments

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微18872749193
more than one year
Do not fall for this scam. Constant lies and he has an answer for everything. Yes, we were naive but I cannot let anyone else go through the same thing. He'll constantly call you "my friend" all the while stealing your money. Trying to take your money out is a joke!
Do not fall for this scam. Constant lies and he has an answer for everything. Yes, we were naive but I cannot let anyone else go through the same thing. He'll constantly call you "my friend" all the while stealing your money. Trying to take your money out is a joke!
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2022-12-13 17:05
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FX1119282805
more than one year
I wonder who give this broker the courage to ask for €5000 to get started? Are they insane? A legit broker only requires around $100 to open a standard account. Guys, be wary of this broker, for it may hurt you so much.
I wonder who give this broker the courage to ask for €5000 to get started? Are they insane? A legit broker only requires around $100 to open a standard account. Guys, be wary of this broker, for it may hurt you so much.
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2022-12-09 15:57
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