FINSAI Trade Review SummaryFounded2015Registered Country/RegionUnited Arab EmiratesRegulationNot regulatedMarket InstrumentsForex, Indices, Shares, Commodities, CryptoDemo Account/LeverageUp to 1:500SpreadFrom 0.2 pipsTrading PlatformFinsai Trader (Windows, Android, Apple)Min Deposit$50Customer SupportEmail: Contact@finsaitrade.comContact number– 0502833300Physical Address– Shuraa Business Center Branch, full 29th floor, Prime Tower, Business Bay, Dubai, UAE. Fax: 043510078, PO. Box. no. 79998.FINSAI Trade Information FINSAI Trade, a financial services company registered in United Arab Emirates, offers trading in forex, indices, commodities, and cryptocurrencies. While it boasts low commissions, swap-free trading, and a user-friendly platform, a major drawback is the lack of regulation by any well-known financial authority.Pros & ConsProsConsLow minimum deposit ($50)Lack of regulationUser-friendly trading platformNo MT4 or MT5 platform support$0 commissions and swap-free accountsIs FINSAI Trade Legit ? Although, FINSAI Trade claims they are operated under FINSAI TRADE LTD, A Financial Services company authorized and regulated by the ISA – International Services Authority of Nauru, with license No. 052943-033, and it's registered in Republic of Nauru under company number 003112024. However, its regulatory information cannot be found on the websites of ISA, and it has not been regulated by other well-known regulatory authorities.What Can I Trade on FINSAI Trade? Invest in a range of financial instruments, including forex, stocks, commodities, indices, and cryptocurrencies. Finsai offers innovative financial solutions tailored to your unique needs.Tradable InstrumentsSupportedForex✔Indices✔Shares✔Metals❌Commodities✔ETFs❌Crypto✔Bonds❌CDFs❌Account Type Finsai Trade provides three account types to suit various trading needs. The Finsai Smart Choice account is suitable for beginners, it needs a minimum deposit of $100, and offers spreads starting from 0.2 pips, with leverage of up to 1:500. It has low commissions and essential features such as negative balance protection, swap-free trading, and a 100% margin call / 80% stop-out level. While it doesn't support copy trading, algorithmic trading, or VPS, it is a solid option for traders seeking simplicity. For more advanced options, Smart Pro and Smart ECN accounts are available with higher minimum deposits of $1000 and $5000 respectively.·FINSAI Trade Fees Finsai Trade's fee structure is competitive in terms of spreads and commissions. Trading Fees The spread of FINSAI Tradeis from 0.2 pips for the Smart Choice account. And the spreads are generally tighter for the Smart Pro and Smart ECN accounts, catering to more experienced traders and institutions. As for commission, it is $0 per $100K traded for all account types. Swaps All Finsai Trade accounts are swap-free, so you won't be charged any overnight interest in your positions.Trading PlatformsTrading PlatformSupportedAvailable DevicesSuitable for which type of tradersMT4❌//MT5❌//Finsai Trader✔Windows, Android, AppleOne Click TradingFast ExecutionPartial Order FillingLimit & Stop Orders20+ IndicatorsHedging & NettingVWAP ExecutionsDay TradersSwing TradersSeasoned tradersDeposits & Withdrawals Deposit OptionsDeposit OptionsMin. DepositFeesProcessing TimeLocal Bank Transfer$50NoneOne Working DayVisa & MasterCard$50NoneInstantHelp2Pay$50NoneInstantSkrill$50NoneInstantNeteller$50NoneInstantCrypto$50NoneInstant Withdrawal OptionsWithdrawal OptionsMax. WithdrawalFeesProcessing TimeVisa & MasterCard$5,000None1 Working DayHelp2PayUp to $10,000None1 Working DaySkrill$50,000 or equivalentNone1 Working DayNeteller$50,000 or equivalentNone1 Working DayCryptoUnlimitedNone1 Working Day