User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
No Regulation
Score
1.46 /10
Danger
FinexArena
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.60
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
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
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
Previous Detection :
2024-12-25
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| FinexArenaReview Summary | |
| Founded | 2023 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Cryptocurrency |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | / |
| Min Deposit | / |
| Customer Support | Tel: 847-204-3661 (free call) |
| Email: support@finexarena.com | |
FinexArena was registered in 2023 in Saint Vincent and the Grenadines. It mainly focuses on cryptocurrency trading. However, its official website does not reveal much information about trading accounts and details. More importantly, it is not regulated, which means potential risks may be high.
Pros and Cons
| Pros | Cons |
| None | No regulation |
| Lack of transparency | |
| Limited market instruments |
Is FinexArena Legit?
FinexArena is not regulated by the financial services regulatory authority in Saint Vincent and the Grenadines, which means that the company lacks regulation from its registration site.
What Can I Trade on FinexArena?
FinexArena mainly focuses on cryptocurrency trading. Other popular trading asset classes like forex, commodities, indices and stocks are not available.
| Tradable Instruments | Supported |
| Cryptocurrency | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
start to write first comment