Finaguide Review and Information 2023

Launched in 2022, Finaguide is an online broker that caters to traders taking on markets, including currency, stock, index, commodity, and cryptocurrency. It also delivers market research and advanced trading tools that may appeal to new and professional traders alike. Finaguide provides a proprietary trading platform for desktop, web, and mobile devices, offering a range of investment options on thousands of asset classes – including digital currencies. In addition, its app is properly designed and equipped with multiple research tools, advanced charting, predefined watchlists, and more.

While it is currently unlicensed, Finaguide follows appropriate practices to protect client information, utilizing up-to-date data encryption technology to safeguard traders' funds and sensitive details.   

Trading Products 

Offering more than 1,200 tradeable instruments on the platform, Finaguide provides access to the following markets:

• Currencies
• Stocks
• Indices
• Commodities
• Spot Precious Metals
• Digital Pairs

The platform supports trading in over 80 currencies, including majors, minors, and exotic pairs. Its index offerings also allow traders to perform international trading, while access to cryptocurrencies may interest some of today's modern traders. 

Furthermore, Finaguide supports trading in futures, one of the lesser-offered asset classes, putting it among the few brokers who accept traders looking to bet on one of the quickest and riskiest securities in the market.

Account Types

Finaguide offers various account types designed to meet certain needs of traders and deliver unique trading conditions.

Finaguide's account types:

• Beginner
• Standard
• Intermediate
• Advanced
• Integral
• VIP

Beginner and Standard Account

For those with little to no trading experience yet, opening the Beginner or Standard account first would be the best option. The Beginner account needs to be funded a minimum of $2,500, while the Standard account requires a minimum funding of $5,000. Another difference between these two is that the Standard account accepts Islamic/swap-free trading, making it suitable for traders who need to comply with the Sharia Law.

However, mobile trading is not available on the Standard account, unlike the Beginner account.

Features accessible on both the Beginner and Standard accounts:

• Basic access to trading instruments
• One-click trading enabled
• No extra fees on transactions
• EUR, USD base currencies
• Educational resources and tools
• Daily market analysis and insights

Intermediate Account

Using the Intermediate account would be a better choice for traders who are not on their first day of trading. Starting from $25,000, the Intermediate account offers features provided by the Beginner and Standard account, plus extra resources including:

• Basic access to trading instruments
• Islamic/swap-free trading accepted
• One-click trading enabled
• No extra fees on transactions
• Educational resources and tools
• Daily market analysis and insights
• Financial markets coverage

Advanced and Integral Account

The Advanced and Integral accounts are for professional traders seeking excellent opportunities and innovative trading resources.

For a minimum deposit of $50,000, Finaguide's Advanced account delivers adequate features and benefits such as:

• Key market SMS & Push alerts
• One-click trading enabled
• No extra fees on transactions
• Educational resources and tools
• Daily market analysis and insights
• Financial markets coverage
• Exclusive market updates

On the other hand, the broker's Integral account, which can be opened by meeting the minimum deposit of $100,000, offers some upgrades to the Advanced account features.

Integral account features:

• Full access to trading instruments
• Private account management
• Key market SMS & Push alerts
• Educational resources and tools
• Daily market analysis and insights
• Financial markets coverage
• Exclusive market updates

VIP Account

Finally, for high-net-worth traders who are looking for premium trading features and can meet the funding minimum of $250,000, the VIP account provides the following features:

• Custom access to trading instruments
• Private account management
• Receive the very best prices
• Trading strategies allowed
• Exclusive events and promotions
• Real-time priority support
• Exclusive market updates  

Trading Platforms

Finaguide has created a proprietary platform to let traders perform modern and secured trading. The platform is also designed to provide a desktop, web, and mobile experience that traders, beginners, or professionals, may find satisfying.  

Finaguide trading platform's main features and benefits:

• Multi-asset trading
• Direct access to 1,200+ assets, advanced charting, and trading tools
• High-quality fast execution, and low trading costs
• Broader range of markets with greater flexibility
• Accessible trades and charts via Mobile or Web apps
• Expanding market conditions and superior trading data protection

While Finaguide's trading app is not yet as advanced as the trading apps provided by the leaders in this particular market, there is still room for significant improvements that could better the broker's trading app.

Deposits and Withdrawals 

Finaguide offers different deposit and withdrawal methods, including several credit and debit cards, bank wire transfers, electronic payment systems, and exchanges. This broker also doesn't charge fees or commissions for any deposits in trading accounts. Additionally, the minimum deposit varies depending on the trader's chosen type of account. For example, the Beginner account requires the smallest deposit of $2,500, while the minimum deposit to open a VIP account is $250,000.

Withdrawals at Finaguide could take a few business days, which is similar to nearly every online broker. Withdrawal times can also vary depending on the withdrawal method used by the trader.  

Finaguide Summary: Is it worth it?

Overall, Finaguide's platform, ease of use, range of markets, mobile app, research, and trading tools could be worth trying. With over 1,200 tradeable products spanning a wide range of market and asset classes, Finaguide could be an option for global traders looking for an excellent trading experience.

Moreover, its trading platform shows quite the potential. Competitive pricing is also available for traders, although any discounts or rebates could vary depending on the user's country of residence.