Finex - Forex Broker information, rating, reviews

Finex
Status
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

WWW
Address
Headquarters
Free phone
Digits after the dot in quotes 4
Minimum position size 0.01
Spread Type
Pip spread on majors 1-3
Leverage 500:1
ECN, $
Standard account, $ 100
Mini account, $ 100
Other payment methods
Popular payment methods Credit Cards, Wire Transfer, WebMoney
Account currencies USD, EUR, JPY, GBP
Other instruments
Other languages
Languages English
Platforms MetaTrader 4
Broker type
Regulation not regulated
Foundation 2006
Finex latest reviews
Review rating - 2  

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 March, 2016  
Review rating - 1  

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 October, 2007  
Review rating - 2  

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 October, 2007  
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Review rating - 2  

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 October, 2007  
Review rating - 2  

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 October, 2007  
  


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