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Fin Exchange-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2024-10-21 17:59

Abstract:Fin Exchange purportedly operates as a forex broker without valid regulations, and holds registration in the Marshall Islands. It offers a trading software. But their website is not available.

Note: Fin Exchange' official website: https://finexchnge.com is currently inaccessible normally.

Fin Exchange Review Summary
Founded2022
Registered Country/RegionMarshall Islands
RegulationUnregulated
Market Instruments/
Demo Account❌
LeverageUp to 1: 400
Spread/
Trading PlatformTrading software
Min Deposit/
Customer SupportPhone:+44 1618181500
Email: support@fin-exchnge.com
Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960

Fin Exchange purportedly operates as a forex broker without valid regulations, and holds registration in the Marshall Islands. It offers a trading software. But their website is not available.

Fin Exchange

Pros and Cons

Pros Cons
NoneUnregulated
Inaccessible website
No MT4 or MT5
Not a legit broker

Is Fin Exchange Legit?

Fin Exchange has no regulations. The domain finexchnge.com was registered on February 9, 2022, and is currently set to expire on February 9, 2025. It is currently in a “clientTransferProhibited” status, indicating that domain transfers are not allowed at this time. Whats worse, their website is not available.

Domain information

Account Type

Fin Exchange offers three types of accounts including the Platinum, Gold and Silver accounts. However, the account features are unknown.

Leverage

Fin Exchange offers 1:400, 1:300 and 1:200 for their Platinum, Gold and Silver accounts.These flexible leverages can facilitate their traders to choose different trading conditions.

Trading Platform

Fin Exchange claims that traders can have access to their own trading software – available in desktop, mobile, and web versions. But recently, their platforms are not well functional due to inaccessible website.

Deposit and Withdrawal

Fin Exchange accepts credit and debit card deposits. But any withdrawal requests made prior to achieving the specified turnover will be rejected. This practice is highly unusual and would not be expected from a reputable broker.

Deposit and Withdrawal
LeverageBrokerCurrency PairDealerFutureForex tradingForex BrokerForex Currency pairleverage in forexforex marketStock

Related broker

No Regulation
Fin Exchange
Company name:Market Star Ltd
Score
1.53
Website:https://finexchnge.com
2-5 years | Suspicious Regulatory License | Self-developed | Suspicious biz area
Score
1.53

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