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FINAM -

Score

6.99 /10
Average

FINAM

Russia

5-10 years

Regulated in Russia

Retail Forex License

Global Business

Medium potential risk

https://www.finam.ru

Influence

AAA

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index6.67

Business Index7.86

Risk Management Index8.90

Software Index6.00

License Index6.67

Time Machine
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

FINAM

Company Abbreviation

FINAM

Platform registered country and region

Russia

Company website

X

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Company summary

Pyramid scheme complaint

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WikiFX Survey

Good

FINAM

Russia

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
FINAM · Company summary
FINAM Review Summary
Founded1998
Registered Country/RegionRussia
RegulationCBR
Market InstrumentsStocks, bonds, futures, precious metals
Demo Account✅
Leverage/
Spread/
Trading PlatformFinamTrade, COMON, Transaq, TSLab, QScalp, MT4, MT5, Quick, Tradematic Trader, Volfix, PirateTrade Traders' Diary, Trade API
Min Deposit/
Customer SupportMon-Fri: 09:30–21:00 (no break), Sat: 10:00–16:00
Live chat
Tel: +7 (495) 796-93-88 (open an account), +7 (495) 1-346-346
Address: 127006, Moscow, Nastasinsky lane, 7, building 2

FINAM was registered in 1998 in Russia, specializing in stocks, bonds, futures, and precious metals markets. It supports a number of trading platforms, and it also provides demo accounts. Besides, this company is regulated in Russia. However, it does not reveal much information about account and trading details on its official website.

FINAM's homepage

Pros and Cons

Pros Cons
Long operation timeUnclear fee structure
Regulated by CBRUnknown payment options
Diverse tradable assets
Demo accounts available
MT4 and MT5 supported
Various trading platforms
Live chat support

Is FINAM Legit?

Yes. FINAM is regulated by Central Bank of Russia (CBR).

Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Central Bank of Russia (CBR)RegulatedRussiaRetail Forex License045-13961-020000
Regulated by CBR

WikiFX Field Survey

WikiFX field survey team visited FINAM's regulatory address in Russia, and we found its physical office.

WikiFX Field Survey

What Can I Trade on FINAM?

FINAM provides a variety of products, including stocks, bonds, futures, and precious metals.

Tradable Instruments Supported
Stocks✔
Bonds✔
Futures✔
Precious Metals✔
Forex❌
Commodities❌
Indices❌
Cryptos❌
Options❌
ETFs❌
What Can I Trade on FINAM?

Trading Platform

FINAM supports a number of trading platforms, among which MT4 and MT5 are included.

Trading PlatformSupported Available Devices Suitable for
MT4✔PC, web, mobileBeginners
MT5✔PC, web, mobileExperienced traders
FinamTrade✔PC, web, mobile/
COMON✔//
Transaq✔//
TSLab✔//
QScalp✔//
Quick✔//
Tradematic Trader✔//
Volfix✔//
PirateTrade Trader's Diary✔//
Trade API✔//
Trading Platform 1
Trading Platform 2
Trading Platform 3
Trading Platform 4
Trading Platform 5
Trading Platform 6

User Reviews

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User comment

4

Comments

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龙的传人45289
more than one year
Un amigo mío me recomendó esta empresa y creo que realmente se lo merece. Sus costos de transacción están dentro de límites razonables. La cantidad de spreads y comisiones no son muy altas, cosa que me gusta mucho
Un amigo mío me recomendó esta empresa y creo que realmente se lo merece. Sus costos de transacción están dentro de límites razonables. La cantidad de spreads y comisiones no son muy altas, cosa que me gusta mucho
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2022-11-24 14:16
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单云涛
more than one year
This broker is only asking for a low deposit of $100, and it uses MT4 trading platform, you should also notice that this platform is not stable, and sometimes you can easily lose your money. Its spreads offered are not that tight in real trading environment, you may experience high slippage, thus leading to a loss.
This broker is only asking for a low deposit of $100, and it uses MT4 trading platform, you should also notice that this platform is not stable, and sometimes you can easily lose your money. Its spreads offered are not that tight in real trading environment, you may experience high slippage, thus leading to a loss.
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2022-11-21 10:46
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