Finetero.com Review
4.524 •
9 REVIEWS
Out of business FINPLEX GROUP LTD
Updated: Dec 11, 2022
•
Finetero is a forex broker. Finetero offers the MT4, WebTrader and Mobile forex trading top platform. Finetero.com offers over 45 forex currency pairs, cfds, commodities, stocks, indices, gold, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.
Website is down. Company seems to be out of business.
Out of business
Broker Details
Minimum Trade Size: | 0.01 |
---|
Maximum Leverage: | 30:1 |
---|
Minimum to Open Live: | $200 |
---|
Established: | 2018 |
---|---|
Address: | Elscot House, Arcadia Avenue, London, N3 2JU, United Kingdom |
Contact: | support@finetero.com, +442038076849 |
Regional offices: | |
Regulators: | |
Prohibited countries: |
Trading platforms: | MT4, WebTrader, MobileTrader (MobileApp) |
---|
Web Trading: | ✅ Yes |
---|---|
Mobile Trading: | ✅ Yes |
ECN: | ✅ Yes |
Currencies: | (45+) |
---|---|
Cryptocurrencies: | (5+) Bitcoin, Litecoin, Ethereum |
CFD: | (90+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities |
Trading Conditions |
|
EAs/Robots: | ✅ Yes |
---|---|
News Trading: | ✅ Yes |
Scalping: | ✅ Yes |
MAM: | ✅ Yes |
---|---|
PAMM: | ✅ Yes |
ZuluTrade: | ✅ Yes |
Copy Trading: | ✅ Yes |
Deposit Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Ether/Ethereum, Litecoin, Neteller, Other Crypto Currencies, PayPal, Tether (USDT) |
---|
Withdrawal Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Ether/Ethereum, Litecoin, Neteller, Other Crypto Currencies, PayPal, Tether (USDT) |
---|
4.524 •
9 REVIEWS
Recent User Reviews of Finetero.com
X
Xavier Pépin
Paris, France,
May 28, 2021,
Guest
Service use: Live
Length of use: 0-3 Months
The first month I was losing money on the market and tended to suspect the broker in being guilty. Nevertheless, the recent month with it's incredible volatillity has boosted the performance of my strategies and now I see that it's all true that measuring trading performance needs to be done on a longer period. Few weeks is not enough to make final conclusions. I think half a year statistics would be a better ground for final conclusions.
Normal broker. Nice leverage for cryptos, good fees, awesome support! I can recommend it to fellow traders no doubt.
Normal broker. Nice leverage for cryptos, good fees, awesome support! I can recommend it to fellow traders no doubt.
J
Joel Johnston
Birmingham, United Kingdom,
May 13, 2021,
Guest
the first try turned out to be successful
Service use: Live
Length of use: 0-3 Months
I can't say I've worked long enough and tried all the services that the brokerage offers, yet what I tried has all satisfied my demands. And I can note here that I'm quite a demanding customer.
There are not that many benefits like "free money" in the form of bonuses that some brokers promote, however, the work of customer support was really professionaland the executions were exactly as fast and accurate as it is promised at the official website. I can recommend the broker.
There are not that many benefits like "free money" in the form of bonuses that some brokers promote, however, the work of customer support was really professionaland the executions were exactly as fast and accurate as it is promised at the official website. I can recommend the broker.
M
Mike Crooks
Brisbane, Australia,
May 10, 2021,
Guest
Not an ordinary one
Service use: Live
Length of use: 0-3 Months
The issue is that not all brokers are same. If they were, only top 3 brokers would have got customers. Finetero will suit scalpers and algotraders in my opinion. I can totally recommend it in case you are trading in this style. Nice leverage is one but not the only pro of this broker.
G
Gregor Hallas
Portaria, Greece,
May 3, 2021,
Guest
When executions matter above all
Service use: Live
Length of use: 0-3 Months
As a quant trader I've been working long enough on the strategies that required specific trading conditions to yield profits. Even though backtest results were showing excellently smooth rquity curves, when I started trying the same strategies on live accounts with different brokers - none of them could ensure the decent enough quality of trading to make it worth running the strategies on a live account.
Finetero was not in the top of brokerage rankings, so I hesitated a little when it was advised to me by fellow traders. Nevertheless, the experience says that the review of a colleague is worth more than all the brokerage rankings worldwide.
With this broker my stratagy runs smooth for the first time on a live account. It's been working nearly three months already and I can clearly see that slippages and wrong executions no longer affect the effectiveness of my trading. Backtests still show a slightly better result as they are based on the fact that limit orders get eecuted as if they were market ones. But still, for the first time in my life I feel obliged to write a brokerage review. Thank you guys! You do a great job!
Finetero was not in the top of brokerage rankings, so I hesitated a little when it was advised to me by fellow traders. Nevertheless, the experience says that the review of a colleague is worth more than all the brokerage rankings worldwide.
With this broker my stratagy runs smooth for the first time on a live account. It's been working nearly three months already and I can clearly see that slippages and wrong executions no longer affect the effectiveness of my trading. Backtests still show a slightly better result as they are based on the fact that limit orders get eecuted as if they were market ones. But still, for the first time in my life I feel obliged to write a brokerage review. Thank you guys! You do a great job!
H
Harry Walsh
Hayes, United Kingdom,
Apr 23, 2021,
Guest
Service use: Live
Length of use: 3-6 Months
It seems the company is doing not that bad. I didn't really expect the fantastic timing on the executions to be true but I've run some algos already and they really are! I have to not though that I've been using VPS server for this purpose that has got some really nice internet connection and no technical issues could happen on my side eaither. I now many traders do this mistake - expect the broker to have no latency but forget about the latency their internet provider can give.
A
Aroldo Bianchi
Florence, Italy,
Apr 9, 2021,
Guest
Scalping opportunities for crypto assets
Service use: Live
Length of use: 0-3 Months
This is exacly how I perceive this broker. The combination of nice leverage on crypto assets along with excellent executions gives the opportunitiy to take advantage of scalping techniques on crypto market, which was not really possible with other brokers from what I know.
I've not been trading long here but in 3 weeks that I used the service no troubles were detected so now I feel more or less safe to recommned the company to fellow traders.
I've not been trading long here but in 3 weeks that I used the service no troubles were detected so now I feel more or less safe to recommned the company to fellow traders.
R
Robert Koenig
Bonn, Germany,
Mar 25, 2021,
Guest
Service use: Live
Length of use: 3-6 Months
I don't really know about the speed of executions (the company promises 7ms on average) but what I definitely can make use of is the Bitcoin leverage.
I used to trade cryptos with no leverage, then I switched to the company that offered 1:5 for BTCUSD. What I have at Finetero is 1:100 and there is more variety in what you can trade here. Its not just a Bictoin but there are other cryptos as well. The feel is totally different and the efforts pay back much faster and better with increased leverage. That's what I liked most with the broker.
I used to trade cryptos with no leverage, then I switched to the company that offered 1:5 for BTCUSD. What I have at Finetero is 1:100 and there is more variety in what you can trade here. Its not just a Bictoin but there are other cryptos as well. The feel is totally different and the efforts pay back much faster and better with increased leverage. That's what I liked most with the broker.
S
Silvio Trentini
Cirimido, Italy,
Mar 21, 2021,
Guest
Unusual broker
Service use: Live
Length of use: 0-3 Months
I started considering this broker for cryptotrading because of tghe leverage. Soon I found out that it suits algorithmic trading and at the moment this is my goal #1 to automate what I currently have to do manually.
I can't say that this broker will suit everyone as the features are quite specific. Yet, definitely its worth considering if you:
a) trade cryptos
b) need leverage for that
c) want to automate your trading
I can't say that this broker will suit everyone as the features are quite specific. Yet, definitely its worth considering if you:
a) trade cryptos
b) need leverage for that
c) want to automate your trading
D
Deangelo Tromp
Sydney, Australia,
Mar 19, 2021,
Guest
Bitcoin gets leveraged
Service use: Live
Length of use: 3-6 Months
The broker is suitable for traditional forex trading, yet I found the leveraged crypto trading to be the mostg appealing feature of the platform.
Normally brokers don't offer over 1:2 or 1:10 leverage for BTCUSD. 1:100 here sounded like an opportunity not to be missed.
So what's I've found to be improved here:
- the customer support. No live chat available, so you've got to reach them out by e-mail.
- there are some crypto assets available, but I wish there was more variety
The good points are:
- leverage for cryptos
- very nice execution speed which allows running scalping algos
Overall I'm rather pleased with the opportunities that get opened here. Someone might find it interesting to take advantage of them too.
Normally brokers don't offer over 1:2 or 1:10 leverage for BTCUSD. 1:100 here sounded like an opportunity not to be missed.
So what's I've found to be improved here:
- the customer support. No live chat available, so you've got to reach them out by e-mail.
- there are some crypto assets available, but I wish there was more variety
The good points are:
- leverage for cryptos
- very nice execution speed which allows running scalping algos
Overall I'm rather pleased with the opportunities that get opened here. Someone might find it interesting to take advantage of them too.