Rating Index
Pros
Offers a variety of trading options, including forex, cryptocurrency, and CFDs.
Provides resources and aids for traders on their website, enhancing the trading experience.
Has a referral program that allows users to earn additional income through referrals.
Cons
Unregulated broker, which poses significant risks to investors' funds and safety.
Numerous complaints and reports of withdrawal difficulties, indicating potential issues with fund access.
Negative reviews and warnings from regulatory bodies suggest a lack of trustworthiness and possible fraudulent activities.
Finiko broker Accounts
Finiko Account Type
Finiko offers a range of account types tailored to different trading needs. The available accounts include:
- Standard Account
- Minimum Deposit: $100
- Leverage: Up to 1:500
- Spread: As low as 1.6 pips
- No commission
- Hedging allowed
- Minimum trade size: Micro
- Maximum trade size: 5.0
- Gold Account
- Minimum Deposit: $1,000
- Leverage: Up to 1:400
- Spread: As low as 1 pip
- No commission
- Hedging allowed
- Minimum trade size: Micro
- Maximum trade size: 20.0
- Platinum Account
- Minimum Deposit: $5,000
- Leverage: Up to 1:200
- Spread: As low as 0.4 pips
- No commission
- Hedging allowed
- Minimum trade size: Micro
- Maximum trade size: 50.0
- ECN Pro Account
- Minimum Deposit: $10,000
- Leverage: Up to 1:200
- Raw spread
- Commission: $5 per lot
- Hedging allowed
- Minimum trade size: 0.1
- Maximum trade size: 50.0
- Visit the Website: Go to the official Finiko website.
- Fill in the Registration Form: Provide your email address, password, phone number, referral ID, and country.
- Confirm Terms: Review and accept the terms of use and cookie policy.
- Choose Confirmation Method: Select a confirmation method via Telegram or SMS.
- Identity Verification: Complete the identity verification process by providing your passport details and uploading a clear photo of yourself holding your ID.
- Wait for Verification: The verification process typically takes up to 72 hours.
- Deposit Funds: Once verified, you can deposit funds into your account and start trading.
Finiko Broker Account Opening Process
To open an account with Finiko, follow these steps:
Make sure to complete all fields accurately to avoid delays in the verification process.
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