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Finzolo -

Score

1.43 /10
Danger

Finzolo

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://finzolo.com

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Business Index6.37

Risk Management Index0.00

Software Index4.00

License Index0.00

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No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

Finzolo

Company Abbreviation

Finzolo

Platform registered country and region

United Kingdom

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Company summary

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Finzolo · Company summary

Note: Finzolo's official website: https://finzolo.com/ is currently inaccessible normal.

FinzoloReview Summary
Founded2020
Registered Country/RegionUnited Kingdom
RegulationNot regulated
Market InstrumentsForex currency pairs, commodities, stocks, cryptocurrencies, and indices
Demo Account/
LeverageUp to 1:1000
EUR/USD SpreadFrom 1.4 pips
Trading PlatformWeb-based
Min Deposit$200
Customer SupportTel: +44 7451288007
Email: support@finzolo.com
Social media: Facebook, WhatsApp, Instagram

Registered in United Kingdom, Finzolo is an unregulated broker, offering trading in forex currency pairs, commodities, stocks, cryptocurrencies, and indices with leverage up to 1:1000 and spread from 1.4 pips via a web-based platform. The minimum deposit requirement to open a live account is $200.

Pros and Cons

Pros Cons
Various trading assetsInaccessible website
Popular payment optionsNo regulation
No MT4 or MT5
High minimum deposit
Withdrawal fee charged

Is Finzolo Legit?

No, Finzolo operates without regulation. Traders should be cautious because Finzolo is not supervised by any financial authorities.

No license

What Can I Trade on Finzolo?

Tradable Instruments Supported
Forex currency pairs✔
Commodities ✔
Stocks ✔
Cryptocurrencies ✔
Indices ✔
Bonds❌
Options ❌
ETFs❌

Leverage

Finzolo's leverage is capped at 1:1000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spread

The minimum EUR/USD spread of Finzolo is 1.4 pips.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web-based ✔Web/
MT4❌/Beginners
MT5❌/Experienced traders

Deposit and Withdrawal

Traders can deposit via credit cards, debit cards, Skrill, Neteller, PayPal, GPay, American Express, and a BTC wallet. There is a 2% commission on all withdrawals. The processing time is around 3 days tops.

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凉城不暖少年心.
more than one year
I've been using Finzolo for a while now and while their trading platform is decent, I have to say I'm really disappointed with their really high spreads. The bid-ask spread on major currency pairs is often wider than what I've seen with other brokers, and it makes it harder to make a profit on trades.
I've been using Finzolo for a while now and while their trading platform is decent, I have to say I'm really disappointed with their really high spreads. The bid-ask spread on major currency pairs is often wider than what I've seen with other brokers, and it makes it harder to make a profit on trades.
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2023-03-20 10:16
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田凤莲
more than one year
Finzolo's trading conditions don't appeal to me. The spread is too high, which will greatly increase my transaction costs. Before choosing a broker, I will definitely calculate the transaction cost to choose the best company.
Finzolo's trading conditions don't appeal to me. The spread is too high, which will greatly increase my transaction costs. Before choosing a broker, I will definitely calculate the transaction cost to choose the best company.
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2023-03-07 14:59
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