Finansia Forex Broker

Finansia Forex Broker - Complete Information Guide

1. Broker Overview

　　Finansia is a forex brokerage firm officially known as Finansia Syrus Securities Public Company Limited, established in 2009. The company is headquartered in Bangkok, Thailand, specifically located on the 18th floor of Central World, 999/9 Rama I Road, Pathumwan, Bangkok 10330. As a private entity, Finansia operates primarily within the retail forex trading sector, catering to both individual and institutional clients.

　　Over the years, Finansia has developed a reputation for offering a variety of trading services, including access to foreign exchange (forex), contracts for difference (CFDs), commodities, and indices. The firm has been active in the financial markets for over 15 years, marking significant milestones in its growth trajectory. The company aims to broaden its services, recently partnering with GTN to enhance its trading offerings and expand its market coverage to 29 global markets.

　　Finansia operates under a business model that focuses on retail foreign exchange trading while also providing institutional services. The firm emphasizes making global investment opportunities accessible to Thai investors, aligning its operations with the evolving needs of the market.

2. Regulatory and Compliance Information

　　Finansia operates as an unregulated broker, which raises concerns regarding investor protection and operational transparency. The company does not hold licenses from major regulatory bodies, which is a significant factor for potential clients to consider.

• Regulatory Bodies: Currently, Finansia is not regulated by any recognized financial authority, which means it lacks the oversight typically provided by such institutions.
• Regulatory Numbers: Specific regulatory numbers and licenses have not been disclosed, highlighting the absence of formal regulatory status.
• Client Fund Protection: There is no indication of client fund segregation policies or participation in investor compensation schemes, which further emphasizes the risks associated with trading through an unregulated broker.
• Compliance Measures: While the firm may implement KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, detailed information regarding these compliance measures is not publicly available.

　　The lack of regulatory oversight means that traders should exercise caution when considering opening accounts with Finansia.

3. Trading Products and Services

　　Finansia offers a diverse range of trading products and services, catering to various trading preferences and strategies.

• Forex Pairs: The broker provides access to numerous forex currency pairs, although the exact number has not been specified. Traders can expect to find major, minor, and exotic pairs available for trading.
• CFD Products: Clients can trade CFDs across various categories including:
• Indices: Major global indices are available for trading.
• Commodities: A selection of commodities, likely including precious metals and energy products.
• Stocks: CFDs on individual stocks from different markets.
• Cryptocurrencies: Digital currencies are also part of the trading offerings, allowing speculation on popular assets like Bitcoin and Ethereum.
• Unique Products: Details on any unique or proprietary trading products have not been provided, indicating that the main offerings are standard market instruments.
• Product Updates: There is no specified frequency for product updates or the introduction of new trading instruments.
• Retail Trading Services: The firm primarily focuses on retail trading services, making it accessible to individual traders.
• Institutional Client Services: While details on institutional services are sparse, the firm does cater to institutional clients, providing necessary trading solutions.
• White Label Solutions: Information regarding white label solutions has not been disclosed.
• Asset Management Services: There is no mention of asset management services being offered by the broker.

　　Overall, Finansia broker provides a variety of trading products that aim to meet the needs of its diverse clientele, although the lack of detailed information may require potential clients to conduct further inquiries.

4. Trading Platforms and Technology

　　Finansia offers multiple trading platforms to accommodate different trading styles and preferences.

• MetaTrader Support: The broker does not support MetaTrader 4 or MetaTrader 5, which are popular platforms among forex traders.
• Proprietary Platform: Finansia has developed its proprietary trading platform known as Finansia Hero, which is designed to be user-friendly, especially for beginners. However, detailed features of this platform are not extensively covered.
• Web-Based Platform: The availability of a web-based trading platform has not been specified.
• Mobile Applications: The broker provides mobile trading applications compatible with both iOS and Android, allowing traders to manage their accounts and execute trades on the go.
• Execution Model: The execution model employed by Finansia has not been clearly defined, leaving potential clients uncertain about the nature of trade execution (ECN, STP, or Market Making).
• Server Infrastructure: Details regarding server locations and the technological infrastructure supporting the trading platforms are not available.
• API Access: Information about API integration for automated trading has not been provided.

　　The technology and platforms offered by Finansia broker are designed to support a range of trading activities, yet the lack of specific details on execution and infrastructure may present challenges for more advanced traders.

5. Account Types and Trading Conditions

　　Finansia offers several types of trading accounts to cater to different trader profiles.

• Standard Account Conditions: The standard account requires a minimum deposit of THB 10,000 with spreads starting from 0.6 pips. Specific commission structures are not detailed.
• Advanced Account Types: The broker offers advanced account types, including:
• VIP Account: Designed for high-volume traders, requiring a minimum deposit of THB 100,000.
• Premium Account: Available for traders willing to invest THB 50,000.
• Special Accounts: An Islamic account is available, adhering to Sharia principles, with a minimum deposit of THB 10,000.
• Demo Account Policy: Information regarding the availability of demo accounts is not specified.
• Leverage Ratios: The maximum leverage offered by Finansia is up to 1:400, although the specific leverage ratios may vary depending on the asset class.
• Minimum Trade Size: The minimum trade size has not been disclosed.
• Overnight Fees: Details on overnight fees or swap policies are not provided.

　　Finansia broker provides a range of account types with varying conditions, allowing traders to select an option that aligns with their trading strategies and risk tolerance.

6. Fund Management

　　Finansia facilitates various methods for clients to manage their funds effectively.

• Deposit Methods: The broker supports several deposit methods, including:
• Bank Wire Transfer
• Credit Cards
• Debit Cards
• QR Code Payments
• ATM Options
• Minimum Deposit Requirements: Different account types have varying minimum deposit requirements, starting from THB 10,000 for standard and Islamic accounts.
• Deposit Processing Times: Specific processing times for deposits have not been disclosed.
• Deposit Fees: Information regarding any deposit fees is not provided.
• Withdrawal Methods and Restrictions: Multiple withdrawal methods are available, but specific details about withdrawal restrictions have not been mentioned.
• Withdrawal Processing Times: The processing time for withdrawals is not specified.
• Withdrawal Fees Structure: Details on withdrawal fees are not provided.

　　The fund management options available through Finansia broker aim to provide convenience and flexibility for traders, although the lack of specific details may require further clarification from the broker.

7. Customer Support and Educational Resources

　　Finansia offers various channels for customer support to assist its clients.

• Support Channels: Clients can reach customer support through:
• Phone: +66 2 782 2400
• Email: cxcenter@fnsyus.com
• Social Media: Active presence on platforms like Facebook and Twitter.
• Service Hours and Time Zone Coverage: The operating hours for customer support are not specified.
• Multilingual Support: The primary language of support appears to be Thai, with no indication of additional language support.
• Educational Resources: The broker does not provide extensive educational resources such as webinars or tutorials.
• Market Analysis Services: Daily market analysis and news updates are likely available but not explicitly detailed.
• Trading Tools: The availability of trading tools such as calculators and signal services has not been specified.

　　The customer support structure at Finansia broker aims to assist clients, but the limited educational resources may pose challenges for novice traders seeking guidance.

8. Regional Coverage and Restrictions

　　Finansia primarily serves clients within Thailand, with plans to expand its reach to international markets.

• Main Service Markets: The broker focuses on the Thai market, offering services tailored to local investors.
• Regional Offices: Additional office locations outside Thailand have not been specified.
• Countries/Regions Not Accepted: Specific countries or regions from which clients are not accepted have not been disclosed.
• Special Restrictions: There are no special restrictions mentioned regarding trading or account opening.

　　In summary, while Finansia broker has established itself as a player in the Thai financial market, potential clients should consider the regulatory environment and the available services when deciding to engage with this broker.