|Rating||Finex does not participate in the Forex Rating|
|Trading software||Meta Trader 4|
Finex forex broker was established in 2006 to provide trading services mainly on The Financial Futures and Options Division of the New York Cotton Exchange (NYCE). Broker finex offers trading most FINEX contracts and some other trading assets including shares, futures, precious metals and CFDs. The company offers its customers trading on its proprietary trading platform which is called Finex trader, the web version of the software is also available. The company is not regulated by any major financial regulators and works under a local license of Finex bank.
Finex forex offers medium comfortable trading conditions including minimum deposits starting from $500 and variable spreads ranging from 2 to 6 for major currency crosses. The minimum position size at the broker is 0.01 lot. The trading accounts can be opened in such currencies as Euro, Dollar and British Pound. The depositing and withdrawal is allowed via PayPal, Neteller,WebMoney and several other payment systems.
On the company’s profile page you can leave a review of your personal trading experience with the broker as long as you can read the reviews posted by other traders.
Editorial office note: the company does no longer provides its services as long as it was liquidated.
Finex Trading Information 2021
|Digits after the dot in quotes||4|
|Minimum position size||0.01|
|Pip spread on majors||1-3|
|Standard account, $||100|
|Mini account, $||100|
|Popular payment methods||Credit Cards, Wire Transfer, WebMoney|
|Account currencies||USD, EUR, JPY, GBP|
Finex Reviews and Comments
Gosh! Haven’t heard of them for ages. I had a trading account with them several years ago when they still worked. No I see that they have closed and I’m not a little bit surprised as it was one of the most substandard brokers I had the chance to trade with during my life.
Maxx 3 Mar 2016 Reply
I’m a customer of Finex and have been very happy. FInex is not going bankrupt and not being shut down. They are being acquired by a bank in Germany.
Wald 13 Oct 2007 Reply
See this is the perfect example of a scam broker just like Admiral Markets and others offering the worthless metatrader system. Finex went bankrupt. Congrats Martin S and franco, you should have worked on your buisiness instead of messing around on forums and posting lies, thats what you get.
Perfect Example 11 Oct 2007 Reply
I am looking forward to the new bank partnership with Finex. I have been treated fairly by Finex in the past now I will get further security of a bank. Finex promises to continue managing the automated system dealing so that my execution will not change.
Jack 10 Oct 2007 Reply
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Finex is temporarly shut down. The swiss banking authority (sfbc) is shutting down brokerage after brokerage (globex, tradex, finex,etc.) for no real reason. Although i have never traded at Finex i mostly heard good things about them so this gets me very concernd about swiss brokerages in general!
Dom 5 Oct 2007 Reply
I am not sure at all… )))
Flary 5 Oct 2007 Reply
Finex is partnering with Bank and they will offer more products, I am looking forward . They are oing to bit Saxo Ya——hoo!!!!!!!!!!!!!!!!!!!!!!!!!
suisse trader 4 Oct 2007 Reply
Friday I was trading with Finex and guess what, they had great execution, no increasing margin level, like in Saxo, I closed my account at Saxo and moved to Finex. I will stay here a little bit. I am getting got live support service. They earn good reputation because of good job they are doing.
Reality Show 22 Aug 2007 Reply
I like their ultra fast execution, never had with other brokers. Also I like that they don’t requote. Sometimes I will try to close my position and will get offqoute and next second I will try again and I will get even 1 or 2 pip on my favor. It does explain that they are running automatic
Wallter 7 Aug 2007 Reply
Finex is ok by most standards, but certainly not perfect. Once you get used to them you won’t really mind their high spread.
Johnny 15 Jul 2007 Reply
All Finex Reviews