FINEX TRADE Forex Broker provides real users with * positive reviews, 2 neutral reviews and * exposure review!
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FINEX TRADE's website is closed, friends, so don't waste your time here.
I see this company has sold their domain name, that's why you won't get anything wasting your time and energy here.
In the world of forex trading, choosing the right broker is crucial for success. This review of Finex Trade in 2025 highlights both the strengths and weaknesses of this Indonesia-based brokerage. While it offers low minimum deposits and a user-friendly trading platform, concerns about regulatory oversight and customer service persist.
Note: It is important to recognize that various entities operate under the name "Finex" across different regions, which can lead to confusion regarding their legitimacy. This review is based on a thorough examination of available data to ensure fairness and accuracy.
| Category | Score (out of 10) |
|---|---|
| Account Conditions | 7.0 |
| Tools and Resources | 6.5 |
| Customer Service and Support | 5.0 |
| Trading Setup (Experience) | 6.0 |
| Trust Level | 5.5 |
| User Experience | 6.0 |
We evaluate brokers based on a combination of user feedback, expert analysis, and factual data.
Established in 2012, Finex Trade has positioned itself as a forex and futures broker based in Indonesia. The broker operates under the supervision of Bappebti (Badan Pengawas Perdagangan Berjangka Komoditi), the primary regulatory authority for commodity futures trading in Indonesia. Finex Trade utilizes the popular MetaTrader 5 (MT5) platform, allowing traders to access a range of trading instruments, including forex pairs, commodities, and stock CFDs. However, it lacks the robust regulatory framework typically associated with more established brokers.
Finex Trade is primarily regulated by Bappebti in Indonesia, but it does not have the same level of oversight as brokers regulated by tier-one authorities like the FCA or ASIC. This raises concerns about the safety of client funds, as many sources indicate that regulatory protections are minimal. According to BrokersView, "none of the regulatory bodies listed for Finex issue licenses for forex trading," thus categorizing it as an unregulated broker.
Finex Trade supports deposits and withdrawals primarily through local Indonesian banks, with no fees for transactions. The minimum deposit requirement is set at a modest $10, making it accessible for new traders. However, the lack of alternative payment methods, such as e-wallets or credit cards, may limit flexibility for some users.
Traders at Finex can expect floating spreads starting from 0.5 pips, with a commission of $1 per lot. While these costs are competitive, they are slightly higher than those offered by some of its peers. Users have noted that the commission structure can be confusing, particularly for those accustomed to spreads without additional fees. As stated in a review on WikiFX, "the spreads highlighted on their website are often considered fake," further complicating the cost analysis.
Finex Trade offers leverage up to 1:500, which is attractive for traders looking to maximize their positions. However, such high leverage comes with increased risk and is often associated with unregulated brokers. The MT5 platform provides a range of trading tools and resources, but some users have reported issues with platform stability and execution speed, particularly during volatile market conditions.
Customer support at Finex Trade has received mixed reviews. While the broker offers 24/7 assistance via online chat and WhatsApp, many users have expressed dissatisfaction with the response times and the quality of support provided. As highlighted in user comments, "the support is fine but slow," indicating a need for improvement in this area.
Overall, the user experience at Finex Trade is generally positive, with many users appreciating the educational resources available, including webinars and tutorials. However, the limited range of trading instruments and the absence of advanced trading features may deter more experienced traders. A review on Forex Ratings noted that "the broker has been doing business for over 10 years, which solidifies its reliability," but this is countered by concerns over regulatory compliance.
In summary, the Finex Trade 2025 review reveals a broker that offers competitive trading conditions and a user-friendly platform but is hindered by regulatory concerns and customer service issues. While it may be suitable for beginner traders looking for low-cost entry into the forex market, those seeking a more secure and regulated trading environment may want to explore alternative options.
