Finex Forex Broker Review and Rating 2024. Detailed Finex information with traders reviews for 24 April 2024

	Finex
Voting Rating	Finex does not participate in the Forex Rating Submit Forex Broker
Reviews Rating
Status	Closed
Regulation
Trading software	Meta Trader 4
Headquartered

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 2024

Digits after the dot in quotes	4
Minimum position size	0.01
Pip spread on majors	1-3
Maximum Leverage	500:1
Standard account, $	100
Mini account, $	100
Popular payment methods	Credit Cards, Wire Transfer, WebMoney
Account currencies	USD, EUR, JPY, GBP
Languages	English
Platforms	MetaTrader 4
Regulation	not regulated
Foundation	2006

Finex Traders' Reviews

So my experience with this scammish company was a horrific ordeal. I was preyed upon by a male that goes by ***. After weeks of turning his offer down to invest with Finex I took the bate and i vested $200. He said the $200 would give me an earning of $1755 in a week. I thought it was kind of strange that he gave such a detailed amount, but my dumb self was smitten right before Christmas. He then went on to say, a day or so after I sent the $200, that I need to pay $155 for the withdrawal fee. For days I refused to pay anymore money and I requested to get my $200 back. A day before the bogus withdrawal was supposed to happened he said he had $50 in his online wallet that he would put towards the withdrawal fee. I said okay maybe he is legit and I sent the remainder of the money. Mind you there are also fees attached to sending this money to a wallet like $20-$30 fees on top of the money you need to invest. So he kept saying I would be able to withdraw my earnings the next day by the end of trade time. Long story short. I then get an email stating that my withdrawal was ready and I needed to deposit $523 as the 20 percent fee from the earnings and the money would be available for immediate withdrawal. Bottom line is I wasnt giving another dime. I don’t believe for one second that this money would have been released. Do not send a penny to this company or to this guy! They are scammers.
Nikki 23 Dec 2023 Reply