Finbitex Forex Broker

Note: Finbitexs official website: https://finbitex.com is currently inaccessible normally.Finbitex Review SummaryFounded2018Registered Country/RegionMarshall IslandsRegulationUnregulatedMarket InstrumentsForex, CFDs, CryptocurrenciesDemo Account❌Leverage/Spread/Trading PlatformWeb Trader, Desktop Platform, Mobile Platforms (Android, iOS)Min Deposit$250Customer SupportEmail: support@finbitex.comFinbitex Information Finbitex offers trading services for cryptocurrencies, CFDs, and forex. Although the platform is unlicensed and presents dangers to investors, it offers five different account types with a range of perks and tools.Pros and ConsPros Cons Wide range of tradable instrumentsNot regulatedMultiple account types with bonusesHigh minimum deposit for some accountsUser-friendly platforms for all devicesNo demo or Islamic (swap-free) accountsIs Finbitex Legit? Finbitex has no active financial licenses and is unregulated. Despite having a Marshall Islands registration, it is not subject to the supervision of respectable financial authorities like the Australian Securities and Investments Commission (ASIC) or the Financial Conduct Authority (FCA). On January 28, 2018, the domain finbitex.com was registered. Its last upgrade is planned for October 8, 2024, and it will expire on January 28, 2025.What Can I Trade on Finbitex? By providing trading in Forex, CFDs, and cryptocurrencies, Finbitex gives users access to a wide range of financial products.Tradable Instruments Supported Forex✔CFDs✔Cryptocurrencies✔Account Types Five distinct active account kinds are available from Finbitex, each with special benefits and initial deposits. Demo accounts and Islamic (swap-free) accounts are not specifically mentioned by the broker.Account TypeBasicSilverGoldPlatinumBlack (VIP)Minimum Deposit$250$1,000$5,000$10,000Managed AccountBonus20% Welcome Bonus60% Welcome Bonus80% Welcome Bonus100% Welcome BonusSpecial BonusFeaturesAccess to education center, market reviewsWebinars and market researchAdvanced tools and arbitrage opportunitiesPersonalized support and trading toolsSignals on demand, managed fundsSuitable ForBeginners with minimal investmentIntermediate tradersExperienced tradersHigh-volume tradersVIP clients and large investorsTrading PlatformTrading PlatformSupported Available Devices Suitable for what kind of tradersWeb Trader✔Web BrowsersTraders preferring browser-based tradingDesktop Platform✔Windows/MacProfessional traders requiring advanced toolsMobile Platform (Android)✔Android DevicesOn-the-go traders using Android devicesMobile Platform (iOS)✔iOS DevicesApple users looking for mobile tradingDeposit and Withdrawal There are no fees for deposits or withdrawals stated clearly by Finbitex. $250 is the minimum deposit.