FinexTrader-Overview of Minimum Deposit, Leverage, Spreads

General Information & Regulation

FinexTrader is allegedly a forex and CFD broker founded on March 27, 2013, and registered in the United Kingdom that claims to provide its clients with 1200 trading assets with spreads from 0.0 pips on the MetaTrader4 trading platforms. Here is the home page of this brokers official site:

As for regulation, it has been verified that FinexTrader 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 1.08/10. Please be aware of the risk.

Market Instruments

FinexTrader advertises that it offers access to 1200 trading assets, including forex pairs, real stocks, indices, stock CFDs, cryptocurrencies, commodities, futures and ETFs.

Spreads

FinexTraders website claims on its home page that the spread starts from 0.0 pips.

Trading Platform Available

The platform available for trading at FinexTrader is the leading MetaTrader4, compatible with desktop, iOS, Android and web terminals. 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

FinexTrader says to accept deposits and withdrawals via Visa, Neteller and Skrill. The minimum initial deposit requirement is said to be €250. Deposits or withdrawals via Visa will be charged €1 commission, while Neteller is 2% commission (min-€1, max-€30) and Skrill is 1% plus €0.32 commission. All deposit and withdrawal requests are said to be processed in 15-20 minutes (max 2 days for Visa, while max 48 hours for Neteller and Skrill).

Customer Support

FinexTraders customer support can be reached by telephone: +44 8938906785, WhatsApp: +44 7424 701379, email: info@finextrader.com or send messages online to get in touch. Company address: 173 Latchmere Road, London, SW11 2JZ, United Kingdom.

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.