Finex Review SummaryFounded2012Registered Country/RegionIndonesiaRegulationBAPPEBTIMarket Instruments78+, Forex, Metals & Energy, Indices, and SharesDemo Account✅Leverage1:500EUR/USD SpreadFrom 0.5 pipsTrading PlatformMT5Min Deposit$10Customer Support7/24 live chatTel: +62 021-50101569Email: customer@finex.co.idFax: +62 21-5010-1046WhatsApp: 62 811 8105 688Facebook: https://www.facebook.com/finexbrokerInstagram: https://www.instagram.com/finex_forex/YouTube: https://www.youtube.com/c/FinexBerjangkaPhysical address: SOHO PANCORAN TOWER SPLENDOR FL. 30 UNIT 3005 Jl. Letjen MT Haryono Kav 2 - 3 Tebet, South Jakarta 12810 Registered in Saint Vincent and the Grenadines in 2012, Finex operates as a broker that offers services in Forex, Metals & Energy, Indices, and Shares. It provides three types of accounts, with a minimum deposit requirement of $10 and leverages up to 1:500. However, this broker is under an abnormal regulatory status, holding an offshore license.Pros and ConsProsConsRegulated by BAPPEBTILimited payment optionsDemo accountsMultiple trading choicesMT5 trading platformLow minimum depositNo fees for deposits and withdrawals24/7 live chatComprehensive contact channelsIs Finex Legit? Yes, Finex is a legitimate broker. It holds a Retail Forex License numbered 47/BAPPEBTI/SI/04/2013, issued by the Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI), which means that it will strictly comply with the laws and regulations of Indonesia.Regulated CountryCurrent StatusRegulated AuthorityRegulated EntityLicense TypeLicense NumberRegulatedBadan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan (BAPPEBTI)PT. Finex Bisnis Solusi Futures d/h PT. FINEX BERJANGKARetail Forex License47/BAPPEBTI/SI/04/2013What Can I Trade on Finex? Finex offers a wide range of market instruments, including Forex, Metals & Energy, Indices, and Shares. Below are some detailed types of these instruments. For more information, you can visit its website. Forex pairs: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/JPY, CHF/JPY... Metal & Energy: XAG/USD, XAU/USD, XTI/USD Indices: DE30, HK50, JP225, UK100, US100... Share: Alcoa Inc, Apple Inc, Adobe Inc, Adidas AG, American International Group Inc...Tradable InstrumentsSupportedForex✔Metals & Energy✔Indices✔Shares✔Cryptocurrencies❌Bonds❌Options❌ETFs❌Account Type/Leverage/Fees Finex offers only one live account with a low minimum deposit of $10 and leverage up to 1:500. Spreads starts from 0.5 pips and commission is set at $1 per lot. In addition, Finex provides a free demo account for you to refine your trading skills in a risk-free environment.How to Open an Account on Finex? To open an account on Finex, you need to enter some personal information, such as your email and phone number, and then set your passwords. After that, they will send a confirmation email to your address. You simply need to confirm your registration to complete the account opening process.LeverageAsset ClassMax LeverageForex1:500Metals1:500Indices1:200Energies1:200Stocks1:100 It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Trading Platform Finex has secured a full license from MetaTrader 5, a prominent global trading platform accessible via both PCs and mobile devices, including Android and iOS systems. With this platform, you gain instant access to a multitude of trading opportunities, allowing you to fully leverage its sophisticated features and capabilities.Trading PlatformSupportedAvailable DevicesSuitable forMT5✔Windows, Web, Android, iOSExperienced tradersMT4❌/BeginnersDeposit and Withdrawal Finex only accepts deposits and withdrawals through leading Indonesian banks such as BCA, CIMB Niaga, Mandiri, and BNI. While there are no commissions associated with making deposits or withdrawals, Finex has established a minimum deposit requirement of $10 and a minimum withdrawal amount of $1.