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Unverified
Score
1.28 /10
Danger
ginFi
1-2 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
D
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Comparison
Expose
Exposure
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Website
Score
Regulatory Index0.00
Business Index5.21
Risk Management Index0.00
Software Index4.00
License Index0.00
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Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
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40G
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Warning: Low score, please stay away!
3
Previous Detection :
2026-01-12
- This broker lacks valid forex regulation. Please be aware of the risk!
- The South Africa FSCA license (License No. 50354) claimed by the broker has not been verified. Please be aware of the risks!
WikiFX Verification
| GinFi Review Summary | |
| Founded | 2016 |
| Registered Country/Region | South Africa |
| Regulation | FSCA Exceeded |
| Market Instruments | Forex, stocks, commodities, indices, cryptocurrencies |
| Demo Account | ✅ |
| Spread | / |
| Leverage | / |
| Minimum Deposit | / |
| Trading Platform | MT5, GinFi webtrader |
| Customer Support | Address: Regus Dainfern 1st floor, Dainfern Square, CNR Winnie Mandela Drive & Broadacres, Johannesburg – Gauteng, 2191, South Africa |
| Email: support@ginfi.com | |
| Contact form, live chat | |
| Restricted Area | United States |
GinFi Information
GinFi is a brokerage company operated by the Cyprus- based company Demeterer (PTY) LTD t/a GINFI. It entered the trading market in 2016 and offers trading services in forex, stocks, commodities, indices, and cryptocurrencies.
The broker provides a demo account for practicing before actual trading and 3 tiered live accounts for different client groups. To protect customer funds, GinFi implements segregated accounts to separate client assets from operational funds.
Furthermore, the broker offers educational videos, articles and market analysis to equip customers with necessary knowledge and information for successful trading.
However, Demeterer (PTY) LTD t/a GINFI is now under the regulation status of FSCA exceeded, which should raise your great attention when deciding to trade with them
Pros and Cons
| Pros | Cons |
| Demo accounts available | FSCA exceeded |
| Tiered accounts | Limited info for trading conditions |
| Educational resources available | Trading commissions charged |
| Fund segregation | Regional restrictions |
| MT5 platform |
Is GinFi Legit?
The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. Though Demeterer (PTY) LTD t/a GINFI holds an FSCA (Financial Sector Conduct Authority) license with number 50354.
Nevertheless, the license status is “Exceeded”, which indicates possible violation of business scope and regulation of FSCA. Investors should choose GinFi with caution to avoid losing money.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | FSCA | Exceeded | DEMETERER (PTY) LTD | Financial Service Corporate | 50354 |
What Can I Trade on GinFi?
GinFi offers 2,000+ trading assets:
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type & Fees
To start with GinFi, you are suggested to start with a free demo account with virtual money to practice and get familiar with the platform first.
While for live trading, there are 3 tiered accounts available: namely STP Bronze, STP Gold and STP Silver. However, regretful that the broker does not disclose more information on trading conditions on each account. All we know is that the broker charges commissions as below:
| Account Type | Commission |
| STP Bronze | $5/lot |
| STP Gold | ❌ |
| STP Silver | $2/lot |
Trading Platform
GinFi offers a proprietary trading platform “GinFi webtrader” which can be accessible via web.
Additionally, the well-acclaimed MetaTrader 5 is also available through Mac, Windows and Web.
| Trading Platform | Supported | Available Devices | Suitable for |
| GinFi webtrader | ✔ | Web | / |
| MT5 | ✔ | Mac / Windows/ Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit & Withdrawal
As is shown on the broker's mainpage, payment methods include MasterCard, Maestro, VISA, VISA Electron, Skirill and Neteller.
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