Abstract:Fintech Global FX, a trading name of Fintech Global FX, is allegedly a forex broker registered in the United Kingdom that claims to provide its clients with various tradable financial instruments with flexible leverage and variable spreads on the MT5 for PC, MT5 for Android and MT5 for iOS trading platforms, as well as a choice of five different real account types and 24/5 customer support service.
General Information & Regulation
Fintech Global FX, a trading name of Fintech Global FX, is allegedly a forex broker registered in the United Kingdom that claims to provide its clients with various tradable financial instruments with flexible leverage and variable spreads on the MT5 for PC, MT5 for Android and MT5 for iOS trading platforms, as well as a choice of five different real account types and 24/5 customer support service. Here is the home page of this brokers official site:
As for regulation, it has been verified that Fintech Global FX does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.57/10. Please be aware of the risk.
Market Instruments
Fintech Global FX advertises that it offers access to multiple financial products, which include forex, metals, energies, indices, shares and commodities.
Account Types
Apart from demo accounts, Fintech Global FX claims to offer five types of real trading account types, namely Micro, Mini, Classic, Premium and ECN. The minimum initial deposit amount is only $10 for the Micro account, while the other four account types have much higher minimum initial capital requirements of $100, $200, $500 and $1,000 respectively.
Spreads & Commissions
Fintech Global FX claims that different account types can enjoy quite different spreads. Specifically, the spread on the Micro account starts from 1.6 pips, while on the Mini, Classic, Premium and ECN accounts is 1.2 pips, 1.1pips, 1.0pip and raw separately. The Standard spread is variable from 1.1 pips, while the ECN spread is raw.
As for commissions, there is a $5 commission on the Micro account, while other account types have no commission charged.
Trading Platform Available
Platforms available for trading at Fintech Global FX are MT5 for PC, MT5 for Android and MT5 for iOS. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
Fintech Global FX appears to accept deposits and withdrawals via Bank Transfers, Visa, MasterCard, Skrill, Neteller and PayPal. The broker says that there is no minimum deposit or withdrawal requirement, no maximum deposit or withdrawal amount and no deposit or withdrawal fee. The deposit and withdrawal processing time is said to be within 30 minutes.
Customer Support
Fintech Global FXs customer support can be reached by WhatsApp, telephone: +44 7451 282140, email: support@fintechglobalfx.com, live chat or send messages online to get in touch. You can also follow this broker on social media platforms such as Twitter, Facebook, Instagram, YouTube and LinkedIn. Registered Address: 6-8, Park Lane, Torquay TQ1 2AU.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.