摘要:Fyntura, an international brokerage firm headquartered in the Seychelles, provides a broad selection of financial instruments. These include Forex, indices, crypto, metals. It currently operates without valid regulatory oversight, which raises concerns about its legitimacy and liability.
Fyntura Review Summary in 10 Points | |
Founded | 2023 |
Registered Country/Region | Seychelles |
Regulation | Unregulated |
Market Instruments | Forex, indices, crypto, metals |
Demo Account | Available |
Leverage | Up to 1:500 |
EUR/USD Spread | From 0.0 pips |
Trading Platforms | MT4 |
Minimum Deposit | USD 10 |
Customer Support | Live chat, phone, email, address, contact us form, FAQ |
Fyntura, an international brokerage firm headquartered in the Seychelles, provides a broad selection of financial instruments. These include Forex, indices, crypto, metals. It currently operates without valid regulatory oversight, which raises concerns about its legitimacy and liability.
In our upcoming article, we will present a comprehensive and well-structured evaluation of the broker's services and offerings. We encourage interested readers to delve further into the article for valuable insights. In conclusion, we will provide a concise summary that highlights the distinct characteristics of the broker for a clear understanding.
Pros | Cons |
• Multiple account types | • Unregulated |
• Low spread | • Limited deposit/withdrawal methods by cryptos |
• Demo account available | • Not accept clients from certain countries |
• MT4 trading platform | |
• Stop-loss/margin call/segregated funds implemented |
Multiple account types: Fyntura offers a variety of account types tailored to different trading preferences and levels of experience. This allows traders to choose an account that best suits their needs and trading style, whether they prefer tighter spreads, lower commissions, or higher leverage.
Low spread: Fyntura boasts competitive and low spreads across its account types starting from 0.0 pips, which can help traders optimize their trading costs and potentially increase their profitability.
Demo account available: The availability of a demo account allows traders to practice trading strategies and familiarize themselves with the platform's features and tools without risking real money. This is especially beneficial for novice traders who are new to the market.
MT4 trading platform: Fyntura offers the widely acclaimed MetaTrader 4 (MT4) platform, known for its user-friendly interface, advanced charting tools, and support for automated trading strategies. MT4 is a popular choice among traders worldwide due to its reliability and versatility.
Stop-loss/margin call/segregated funds implemented: Fyntura prioritizes risk management and security by implementing features such as stop-loss orders, margin calls to prevent excessive losses, and segregated funds to ensure client funds are kept separate from the broker's operational funds, enhancing overall safety and trust.
Unregulated: Fyntura operates as an unregulated broker, which raises concerns for some traders about the level of oversight and protection provided by regulatory authorities.
Limited deposit/withdrawal methods by cryptos: While Fyntura offers the convenience of funding accounts with major cryptocurrencies, the selection of supported cryptocurrencies for deposits and withdrawals is limited, restricting options for some traders who prefer traditional methods such as credit cards, bank transfers etc.
Not accept clients from certain countries: Fyntura may not accept clients from specific countries such as Afghanistan due to regulatory restrictions, limiting access to its services for traders in those regions. T
When considering the safety of a brokerage like Fyntura or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
Regulatory sight: Currently, this broker operates without any legitimate regulatory oversight, raising concerns about transparency and accountability.
User feedback: To get a deeper understanding of the brokerage, it is suggested that traders explore reviews and feedbacks from existing clients. These shared insights and experiences from users can be accessed on reputable websites and discussion platforms.
Security measures: Fyntura employs segregated accounts, ensuring clients' assets are held separately from the company's operational funds. This measure enhances security by safeguarding client investments in the event of financial insolvency or mishap.
In the end, choosing whether or not to engage in trading with Fyntura is an individual decision. It is advised that you carefully balance the risks and returns before committing to any actual trading activities.
Fyntura boasts a comprehensive suite of market instruments designed to meet the diverse needs of investors across various asset classes.
With a focus on flexibility and accessibility, traders can engage in over 70 Forex currency pairs, benefitting from RAW spreads starting at 0.0 pips alongside a competitive commission structure of $2 per $100K traded.
Diversification is made easy through the ability to trade global stock indices (CFDs) via PC or mobile device, extending trading hours to capture opportunities around the clock.
Investors seeking to hedge against inflation can turn to Fyntura's selection of precious metals, including Gold and Silver, offering a tangible store of value in uncertain economic climates.
For those intrigued by the rapidly evolving landscape of digital assets, Fyntura provides access to various cryptocurrencies, notably Bitcoin, recognized as a modern-day hedge against both inflation and deflation.
Fyntura provides a range of account types tailored to accommodate varying trading preferences and investment levels.
With the Zero account, traders can start with a minimum deposit of $10, ideal for those looking to begin trading with minimal initial investment.
For more experienced traders seeking enhanced features and capabilities, the Pro account offers similar accessibility with same minimum deposit requirement of $10.
For those looking to amplify their trading potential, the Prime account presents a premium option with a minimum deposit of $100, unlocking additional benefits and privileges.
Moreover, Fyntura extends its services beyond individual accounts, catering to PAMM/MAM (Percentage Allocation Management Module/Multi-Account Manager) structures for those interested in managing multiple accounts efficiently. PAMM managers can initiate with just 3 or more investors and a cumulative deposit of $5,000 or more.
Additionally, Fyntura accommodates Corporate and Joint accounts, streamlining the process for entities by simply requiring the submission of an Incorporation Certificate to establish a corporate account.
To open an account with Fyntura, you have to follow below steps:
Visit the Fyntura website, locate and click on the 'Sign Up'.
Fill in the necessary personal details required.
Complete any verification process for security purposes.
Once your account has been approved, you can set up your investment preferences and start trading.
Fyntura empowers traders with leverage of up to 1:500, providing significant amplification of trading power to capitalize on market opportunities. This high leverage ratio enables traders to control larger positions with a relatively small amount of capital, potentially magnifying profits.
However, it's crucial for traders to apply prudent risk management strategies since higher leverage also entails increased exposure to potential losses.
Fyntura offers a transparent and competitive fee structure across its account types. With the Zero account, traders enjoy spreads starting from 0.7 pips, coupled with commission-free trading, making it an attractive option for those seeking cost-effective trading with a minimal initial deposit requirement of $10.
For traders preferring tighter spreads, the Pro account presents an option with spreads starting from 0.0 pips, albeit with a commission of $2 per $100k traded.
The Prime account further enhances trading conditions with spreads also starting from 0.0 pips and a reduced commission of $1 per $100k traded, requiring a slightly higher minimum deposit of $100.
Account Type | Spread (Minimum) | Commission | Min. Deposit | Max. Leverage | Trading Platforms |
Zero | 0.7 pips | $0/100k | $10 | Up to 500x | MT4 (Desktop, Web, Phone) |
Pro | 0.0 pips | $2/100k | $10 | Up to 500x | MT4 (Desktop, Web, Phone) |
Prime | 0.0 pips | $1/100k | $100 | Up to 500x | MT4 (Desktop, Web, Mobile) |
Fyntura's trading platform is anchored by the renowned MetaTrader 4 (MT4), available across desktop, web, and mobile devices. This comprehensive accessibility enables traders to seamlessly engage with markets, accessing real-time data, advanced charting tools, and executing trades with ease. MT4's intuitive interface is suitable for traders of all levels, offering a suite of analytical tools, customizable indicators, and expert advisors for automated trading strategies.
Whether at home, in the office, or on the move, traders can rely on MT4's reliability and functionality to make informed decisions and navigate the complexities of financial markets with confidence and precision.
Fyntura equips traders a comprehensive Trading Calculator which serves as an indispensable resource, empowering traders to accurately assess various aspects of their trades, such as potential profits, losses, margins, and risk exposure.
By inputting relevant parameters, such as position size, entry and exit prices, and leverage, traders can swiftly calculate key metrics to make informed decisions and manage their positions effectively. The Trading Calculator enhances precision and efficiency in trade planning and execution, enabling traders to optimize risk-reward ratios and adhere to their trading strategies with confidence.
With this essential tool at their disposal, traders can navigate volatile markets with greater clarity and precision, ultimately enhancing their overall trading experience and potential for success.
Clients can fund their accounts to Fyntura effortlessly by using major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), Dogecoin (DOGE), and True USD (TUSD), without incurring any fees.
Cryptocurrency deposits are swiftly processed within 30 minutes, while withdrawals are typically completed within 12 to 24 business hours, ensuring efficient access to funds for trading activities.
Fyntura offers a robust array of customer service channels, including live chat, phone support, email assistance, and a comprehensive contact us form.
Additionally, traders can find helpful resources and answers to common inquiries through the FAQ section, ensuring prompt and reliable support across multiple communication avenues.
Address: Vistra Corporate Sevices Centre, Suite 23, 1st Floor, Eden Plaza, Eden Island, Mahe, Republic of Seychelles;
89, AIA Capital Center Building, Unit 2004 - 2007, 20th Floor, Ratchadaphisek Road, Dindaeng, Dindaeng, Bangkok 10400.
Phone: +66 2 105 6119.
Email: contactus@fyntura.com; compliance@fyntura.com.
In summary, Fyntura is an online brokerage firm based in the Seychelles, providing a variety of trading instruments such as Forex, indices, metals, and cryptos. It is not regulated by any valid regulatory bodies, which raises concerns about its liability and commitment to client safety.
As such, interested investors should tread cautiously, perform detailed research, and seek for alternative brokers if possible.
Q 1: | Is Fyntura regulated? |
A 1: | No, its been confirmed that the broker is currently under no valid regulation. |
Q 2: | Is Fyntura a good broker for beginners? |
A 2: | No, it isn't a good broker because its not regulated by any authorities. |
Q 3: | Does Fyntura offer the industry leading MT4 & MT5? |
A 3: | Yes, it offers MT4 on Windows, web and phone. |
Q 4: | Does Fyntura offer demo accounts? |
A 4: | Yes. |
Q 5: | What is the minimum deposit for Fyntura? |
A 5: | The minimum initial deposit to open an account is $10. |
Q 6: | At Fyntura, are there any regional restrictions for traders? |
A 6: | Yes, it does not offer services to residents of certain countries such as the Afghanistan, Belarus, Burundi, Cuba, Congo, Sudan, Sri Lanka, North Korea (Democratic People's Republic of Korea) and Yemen or a country where such distribution or use would be contrary to local law or regulation. |
Online trading involves significant 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 provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.