|Headquartered||FinFx Trading Oy Tainionkoskentie 14 55100 Imatra FINLAND|
FinFx Trading is the leading forex and commodities broker in Finland. The broker specializes in trading services for traders from all over the world. During the years of operation the company gained quite important status on the international financial markets. Since 2010 th
|Address||FinFx Trading Oy Tainionkoskentie 14 55100 Imatra FINLAND|
|Free phone||+358 10 281 0100|
|24 hour support|
|Forex contests, competitions|
|Trading by phone|
|24 hour trading|
|Accepts US traders|
|Digits after the dot in quotes||5|
|Minimum position size||0.01|
|Pip spread on majors||1-3|
|Standard account, $||100|
|Mini account, $||100|
|Other payment methods|
|Popular payment methods||Credit Cards, WebMoney, Wire Transfer|
|Account currencies||USD, EUR, GBP, CHF, JPY|
FinFX added three new features to our website that are 1) Forex pip calculator, 2) Margin calculator and 3) Profit calculator. Consequently, we decided to change the name of Analytics section to Trading Tools, as it suits better with all the new features...Brokers news
Spreads are fair, not too big and not the smallest among Cyprus FX brokers. About the execution, it's clearly not the fastest but fair enough not to complain on it! Platforms are working fine and i like it. What i don't like is to receive promotions in emails. To be truly honest - I think broker can offer much better conditions. Some companies in comparison offer slightly better service so I see no reason why to stay with FinFX forever. It's not leading firm in forex trading. And one more point not to consider them as your long term partner is they are not regulated by FCA or SEC/NFA. For long terms, it's not what i'm looking for.
Almost for 3 years I have been trading with FinFX. The only unpleasant thing with it is too high charge for withdrawals. Starting with micro account soon I changed it to ECN with comparatively large minimum initial deposit – 1000 EUR. Though floating spreads are the tightest here and equal to 0.0 points. The Market execution is fast and without any troubles. I’ve also tried signal platform for automated trading where signals from successful traders are used to understand their techniques. I choose those, who I want to follow, all by myself, and that is a big advantage!
So far I was not impressed on their execution of trades, delayed for about 1-2 minutes. Charts are just to unreliable, makes it very difficult to have any succesful trades. Also be aware they practices stop hunting, I've been a victim of stop hunting at least 3 times costing me some $100 dollars
FinFx is extremely good. I have been trading with this forex broker for two years already. Even got some profit with them and has withdrawn it. The trading conditions on the ECN accounts are very pleasant. The spread is very tight and commissions are low. Sometimes there are minor technical problems, but they are always solved quickly.