Finexo review: Regulations, Platforms, Trading Instruments and Broker Ratings.
What is Finexo?
Finexo is a CySEC and FSCA South Africa regulated CFD broker, a trade name of Trade Capital Markets.
Finexo (Trade Capital Markets) offers platforms like MetaTrader 4 (MT4), and a proprietary WebTrader for traders to trade CFDs on over 55 forex currency pairs, stocks, indices, bonds, commodities, gold, silver, oil, bitcoin and other cryptocurrencies etc.
Please read Finexo Reviews below and share your live trading experiences with this CFD broker.
NOTICE: December 2014. Safecap Investments has threatened to "pursue action" against the FPA if two forums threads about Markets.com are not removed. The FPA does not hide member complaints or negotiate while under legal threat. The two threads are HERE and HERE.
The FPA recommends against doing business with companies which use legal threats to try to hide information.
Broker Details
Minimum Trade Size: | 0.01 |
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Maximum Leverage: | 30:1 |
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Minimum to Open Live: | $100 |
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Established: | Unknown |
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Address: | 148 Strovolos Avenue, 1st floor, Nicosia, CY 2048, Cyprus |
Contact: | support@finexo.com, +357 22 030446 |
Regional offices: | |
Regulators: | CySEC #227/14, FSCA # 47857 |
Prohibited countries: |
Trading platforms: | MT4, WebTrader |
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Web Trading: | ✅ Yes |
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Mobile Trading: | ✅ Yes |
Currencies: | (55+) |
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Cryptocurrencies: | (10+) Bitcoin, Litecoin, Ethereum |
CFD: | (470+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Bonds, Oil, Other Commodities |
Trading Conditions |
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EAs/Robots: | ✅ Yes |
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Deposit Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, ePay (epay.bg), EPS, Giropay, iDEAL, Multibanco, Neteller, Przelewy24, SafetyPay, Skrill, SOFORT |
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Withdrawal Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, ePay (epay.bg), EPS, Giropay, iDEAL, Multibanco, Neteller, Przelewy24, SafetyPay, Skrill, SOFORT |
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Recent User Reviews of Finexo
All in all it took me well over a month of going in circles with them to get my money out , all this was met with excuse upon excuse.
One time they even said to me 'we have no interest in keeping your funds here'
To which I replied ' well you seem to be doing a good job of it'
Finally I got fed up to the back teeth of the constant running around and promised I would report them to CYSEC if funds were not in my account within 3 days with a confirm.
Amazingly that done the trick , I suggest others who are having this issue also go down this route as its the only way they will action.
Fair spread..
Account status : UNKNOWN .
Money : NOT WITHDRAWN.
If you loss money in trading they don't need to scam you.
Because you already loss money.
But if you win they will not pay you.
Also if you don't or earn after two months they will close your account..
Chat and support only reply to does who just joined or inquiring.
If you already invested they blacklist your email and username.
So that you can't complain to them..
I tried to use my username and I can't chat with them.
But when I try to fake my username chat support works and even teach me how to deposit. but when I change the conversation asking her why my account was been block suddenly she says good bye in a hurry.
scammers
good luck every body and lots of pips
Review Moderation Team Note: 5 Star rating removed. This review was not left from Lebanon. It was left from Finexo's offices in Israel.
Finexo, please stop trying to spam the FPA's reviews.