FinCryptoMarket Forex Broker

FinCryptoMarketReview SummaryFounded2022-09-06Registered Country/RegionChinaRegulationUnregulatedMarket InstrumentsForex/Indices/Stocks/MetalsDemo Account✅LeverageUp to 1:200SpreadFrom 1 pipTrading Platform/Min Deposit€50000FinCryptoMarket Information FinCryptoMarket is a broker. The tradable instruments include forex, indices, stocks, and metals. The broker also provides three accounts with a maximum leverage of 1:200. The minimum spread is from 1 pip and the minimum deposit is €50000. FinCryptoMarket is still risky due to its unregulated status.Pros and ConsPros Cons Leverage up to 1:200UnregulatedDemo account availableMT4/MT5 unavailableVarious tradable instrumentsInaccessible official websiteUnspecific transfer time and fee informationUnclear swap feeIs FinCryptoMarketLegit? FinCryptoMarket is not regulated, making it less safe than regulated brokers.What Can I Trade on FinCryptoMarket? FinCryptoMarket offers a wide range of market instruments, including forex, indices, stocks, and metals.Tradable Instruments Supported Forex✔Indices✔Stocks✔Metals✔Cryptocurrencies❌Commodities❌Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type FinCryptoMarket has three account types: presidential, platinum, and executive. Traders who want low spreads can choose a presidential account, while those with a small budget can open a platinum account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.Account Type PresidentialPlatinumExecutiveMinimum Deposit€250000€50000€100000LeverageTailored Leverage200200Spread0.5-11.5-21-1.5FinCryptoMarket Fees The spread is from1 pip. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:200 meaning that profits and losses are magnified 200 times.Deposit and Withdrawal The minimum deposit is €50000. FinCryptoMarket accepts Visa, Maestro, UnionPay, Safecharge, and WebMoney for deposit and withdrawal. However, the official website is inaccessible, so transfer processing times and associated fees are unknown.