FinCryptoMarket Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-31 18:26

Abstract：FinCryptoMarket is a broker. The tradable instruments include forex, indices, stocks, and metals. The broker also provides three accounts with a maximum leverage of 1:200. The minimum spread is from 1 pip and the minimum deposit is €50000. FinCryptoMarket is still risky due to its unregulated status.

FinCryptoMarketReview Summary
Founded	2022-09-06
Registered Country/Region	China
Regulation	Unregulated
Market Instruments	Forex/Indices/Stocks/Metals
Demo Account	✅
Leverage	Up to 1:200
Spread	From 1 pip
Trading Platform	/
Min Deposit	€50000

FinCryptoMarket Information

　　FinCryptoMarket is a broker. The tradable instruments include forex, indices, stocks, and metals. The broker also provides three accounts with a maximum leverage of 1:200. The minimum spread is from 1 pip and the minimum deposit is €50000. FinCryptoMarket is still risky due to its unregulated status.

Pros and Cons

Pros	Cons
Leverage up to 1:200	Unregulated
Demo account available	MT4/MT5 unavailable
Various tradable instruments	Inaccessible official website
	Unspecific transfer time and fee information
	Unclear swap fee

Is FinCryptoMarketLegit?

　　FinCryptoMarket is not regulated, making it less safe than regulated brokers.

What Can I Trade on FinCryptoMarket?

　　FinCryptoMarket offers a wide range of market instruments, including forex, indices, stocks, and metals.

Tradable Instruments	Supported
Forex	✔
Indices	✔
Stocks	✔
Metals	✔
Cryptocurrencies	❌
Commodities	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　FinCryptoMarket has three account types: presidential, platinum, and executive. Traders who want low spreads can choose a presidential account, while those with a small budget can open a platinum account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type	Presidential	Platinum	Executive
Minimum Deposit	€250000	€50000	€100000
Leverage	Tailored Leverage	200	200
Spread	0.5-1	1.5-2	1-1.5

FinCryptoMarket Fees

　　The spread is from1 pip. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:200 meaning that profits and losses are magnified 200 times.

Deposit and Withdrawal

　　The minimum deposit is €50000. FinCryptoMarket accepts Visa, Maestro, UnionPay, Safecharge, and WebMoney for deposit and withdrawal. However, the official website is inaccessible, so transfer processing times and associated fees are unknown.