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FinoCapital-Overview of Minimum Deposit, Leverage

WikiFX | 2022-04-25 17:20

Abstract:FinoCapital is a forex broker, and it claims to be owned and operated by Lollygag Partners Ltd-a company supposedly based in the Commonwealth of Dominica. FinoCapital advertises a top platform for investing in the financial markets, a variety of trading tools, and attractive bonuses.

Official Website Unavailable

Due to FinoCapital 's inaccessibility at the moment, we could only collect some useful information from another website in order to get a rough picture of this broker.

General Information

FinoCapital is a forex broker, and it claims to be owned and operated by Lollygag Partners Ltd-a company supposedly based in the Commonwealth of Dominica. FinoCapital advertises a top platform for investing in the financial markets, a variety of trading tools, and attractive bonuses.

Markets Instruments

With FinoCapital, traders can get access to an array of trading instruments, including forex pairs, commodities, indices, and stocks.

Minimum Deposit

FinoCapital has set its minimum deposit at $250, which is, more or less, the average for the industry. Note, however, that many well-regulated and reliable brokers require less. FXTM, for example, allows you to get started with just $5, and Tickmill, a major forex provider, requires $100.

Inactivity Fees

An inactive trading account will be charged a 10% monthly fee if it remains inactive for six months. A percentage fee may result in a substantial deduction from your account.

Leverage

For EUR/USD, the leverage is 1:100. Such leverage is also high compared to licensed brokers in the EU that cannot offer leverage above 1:30, and to US brokers that cannot offer leverage above 1:50.

Trading Platforms Available

FinoCapital claims to support cTrader, as well as some webtrader, but this information cannot be verified. We doubt that FinoCapital supports cTrader.

Customer Support

Fino Capital customer support can be reached at 44203670254, and via email: support@finocapital.co.

LeverageBrokerDealerForex tradingForex Broker

Related broker

No Regulation
FinoCapital
Company name:Lollygag Partners LTD.
Score
1.50
Website:https://finocapital.co
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.50

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