FinvizPro-Overview of Minimum Deposit, Leverage, Spreads

General Information

FinvizPro is allegedly an online trading broker of currencies and derivatives based in the UK that provides its clients with cTrader and MetaTrader, leverage up to 1:400, variable spreads on over 300 tradable financial products, as well as a choice of six different live account types.

Market Instruments

FinvizPro advertises that it offers more than 300 trading instruments across 4 different asset classes in financial markets, including forex, stock indices and oil, metals and bonds.

Account Types

There are six live trading accounts offered by FinvizPro, namely Micro, Mini, Standard, Master, Expert and VIP. Opening a Micro account requires the minimum initial deposit amount of $250, while the other five account types with the much higher minimum initial capital requirements of $1,000, $10,000, $25,000, $100,000 and $250,000 respectively.

Leverage

The maximum leverage ratio provided by FinvizPro is much higher than most brokers, up to 1:400. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads are influenced by what type of accounts traders are holding. FinvizPro reveals that the spread on the Micro account starts from 3 pips, while the clients on the Master or Expert account experience fixed spreads. As for commissions, the broker only reveals that the Micro account with no commission, yet no more specific involved directly on its official site in the absence of login.

Trading Platform Available

When it comes to trading platforms available,FinvizPro gives traders two choices: FinvizPro cTrader and MetaTrader, available on desktop, the Web (support Windows, Mac or Linux operating systems) and mobile terminals. cTrader is advertised as a leading multi-asset forex and CFD trading platform, offering a friendly customer user interface, rich charting tools, advanced order types, level II pricing, and fast entry and execution. While with their mobile versions, trading can be done from anywhere and at any time through the right mobile terminals.

Customer Support

FinvizPros customer support can be reached through telephone: +442045259388, email: support@finvizpro.org. Registered address: Suite 305, Griffith Corporate Centre, PO BOX 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines.