Finveo Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.finveo.com/en/create-account, the company's legitimate regulatory information MontenegroSCMNMarket Making(MM), to enhance the security of the company's address Cetinjska 11, 81000 Podgorica, Montenegro.
Finveo Forex Broker
Basic information
France
2-5 years Regulated in Montenegro Market Making(MM) MT4 Full License Regional BrokersCompany profile
Finveo Information
Finveo is an unregulated broker, offering trading on forex, commodities, indices and shares with leverage up to 1:500 and spread from 0.0 pips on the MT4/MT5 platform. The minimum deposit requirement is $100.
Pros and Cons
| Pros | Cons |
| Demo accounts available | No regulation |
| Various contact channels | |
| MT4/MT5 platform | |
| Various trading products |
Is Finveo Legit?
No. It is registered in France. It has no valid regulations currently.
What Can I Trade on Finveo?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| Cryptos | ❌ |
| Bonds | ❌ |
Account Type
Here are four account types Finveo offers:
| Account Type | Min Deposit |
| STANDARD | $100 |
| GOLD | $1000 |
| PLATINUM | $5000 |
| ECN PRO | $10000 |
Leverage
Finveo offers flexible leverage options, varying by account type.
| Account Type | Max Leverage |
| STANDARD | 1:500 |
| GOLD | 1:400 |
| PLATINUM | 1:200 |
| ECN PRO | 1:200 |
Finveo Fees
Trading Fees
| Account Type | Spread | Commission |
| STANDARD | As low as 1.6 pips | ❌ |
| GOLD | As low as 1 pip | ❌ |
| PLATINUM | As low as 0.4 pips | ❌ |
| ECN PRO | Raw spread | $5 per lot |
Non-Trading Fees
The broker do not charge any transaction fees for deposits/withdrawals as those are fully covered by the Company.
Swap Rates
The broker offers swap-free accounts, which allows clients to trade without paying overnight swaps.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, Mac, Android | Beginners |
| MT5 | ✔ | PC, Mac, Linux, Android | Experienced traders |
Deposit and Withdrawal
The broker accepts payments done via bank transfers, credit/debit cards, and e-wallets.