Rating Index
Pros
User-friendly interface that caters to both novice and experienced traders.
Responsive customer support with quick response times to inquiries.
Fast processing for withdrawals and deposits, allowing for timely access to funds.
Cons
Lack of regulation and legitimacy, raising concerns about the safety of investments.
Negative reviews indicating potential scams and fraudulent practices.
Limited asset diversity, particularly in exotic options and cryptocurrencies.
FINESTRO broker Accounts
Finestro Account Types
Finestro offers a variety of trading accounts tailored to meet the needs of different traders. Here are the main account types available:
- Classic Account
- Minimum Opening Deposit: $1,000
- Maximum Leverage: 1:100
- Minimum Trade Size: 0.01 lot
- Spreads: From 1 pip
- Trading Instruments: Forex, indices, commodities, shares, and CFDs
- Maximum Total Trade Size: 5 standard lots
- Maximum Simultaneous Open Orders: 150
- Commission: No
- Execution Type: Market execution
- Basic Account
- Minimum Opening Deposit: $2,500
- Maximum Leverage: 1:100
- Minimum Trade Size: 0.01 lot
- Spreads: From 1 pip
- Trading Instruments: Forex, indices, commodities, shares, and CFDs
- Maximum Total Trade Size: 5 standard lots
- Maximum Simultaneous Open Orders: 150
- Commission: No
- Execution Type: Market execution
- Gold Account
- Minimum Opening Deposit: €25,000
- Maximum Leverage: 1:150
- Minimum Trade Size: 0.01 lot
- Spreads: From 1 pip
- Trading Instruments: Forex, indices, commodities, shares, and CFDs
- Maximum Total Trade Size: 60 lots
- Maximum Simultaneous Open Orders: 150
- Commission: No
- Execution Type: Market execution
- Platinum Account
- Minimum Opening Deposit: €100,000
- Maximum Leverage: 1:200
- Minimum Trade Size: 0.01 lot
- Spreads: From 1 pip
- Trading Instruments: Forex, indices, commodities, shares, and CFDs
- Maximum Total Trade Size: 60 lots
- Maximum Simultaneous Open Orders: 150
- Commission: No
- Execution Type: Market execution
- VIP Account
- Minimum Opening Deposit: €500,000
- Maximum Leverage: 1:200
- Minimum Trade Size: 0.01 lot
- Spreads: From 1 pip
- Trading Instruments: Forex, indices, commodities, shares, and CFDs
- Maximum Total Trade Size: 60 lots
- Maximum Simultaneous Open Orders: 150
- Commission: No
- Execution Type: Market execution
- Visit the Website: Go to Finestro's official website.
- Select Account Type: Choose the type of account you wish to open (Classic, Basic, Gold, Platinum, or VIP).
- Fill Out Application Form: Complete the online application form with your personal and financial details.
- Submit Identification Documents: Provide necessary identification documents, such as a government-issued ID and proof of residence.
- Fund Your Account: Make the initial deposit based on the account type you selected.
- Account Approval: Wait for the approval process, which typically takes a short time.
- Start Trading: Once your account is approved and funded, you can start trading on the platform.
Finestro Broker Account Opening Process
Opening an account with Finestro is a straightforward process. Here are the steps to follow:
By following these steps, you can easily set up your trading account with Finestro and begin your trading journey.
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