Rating Index
Pros
Low minimum deposit requirement, making it accessible for new traders.
Claims to offer a wide range of tradable assets, including forex, cryptocurrencies, and commodities.
Promotes a modern trading platform, which may appeal to tech-savvy users.
Cons
Lacks regulation from recognized financial authorities, raising concerns about legitimacy and safety.
Numerous user complaints about difficulties with fund withdrawals and unresponsive customer support.
Reports of aggressive sales tactics and hidden fees, contributing to a negative trading experience.
Finavex broker Accounts
Finavex Account Type
Finavex offers a variety of trading account types to cater to different trading needs. The account types include:
- Standard Account
- Minimum Deposit: $100
- Leverage: Up to 1:500
- Spread: As low as 1.6 pips
- Commission: No commission on trades
- Gold Account
- Minimum Deposit: $1,000
- Leverage: Up to 1:400
- Spread: As low as 1 pip
- Commission: No commission on trades
- Platinum Account
- Minimum Deposit: $5,000
- Leverage: Up to 1:200
- Spread: As low as 0.4 pips
- Commission: No commission on trades
- ECN Pro Account
- Minimum Deposit: $10,000
- Leverage: Up to 1:200
- Spread: Raw spread
- Commission: $5 per lot
- Visit the Website: Go to the official Finavex website.
- Choose Account Type: Select the type of account you wish to open (Standard, Gold, Platinum, or ECN Pro).
- Fill Out Application: Complete the online application form with your personal information, including your name, date of birth, and contact details.
- Submit Identification Documents: Upload the required documents for verification, such as a government-issued ID, proof of address, and any additional documents necessary for your chosen account type.
- Verification Process: Finavex will review your application and documents, which may take up to 15 minutes.
- Account Activation: Once approved, you will receive confirmation, and your account will be activated, allowing you to deposit funds and start trading.
Each account type is designed to provide traders with specific benefits suited to their trading strategies and capital.
Finavex Broker Account Opening Process
Opening an account with Finavex is a straightforward process that can be completed in a few simple steps:
This efficient process ensures that clients can quickly access the trading services offered by Finavex.
Finavex Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
Finavex accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .