FinFX Forex Broker review

FinFX forex broker is one of the many trading company which was opened looking at the growing forex market and was established in the year 2010. The company also started its online forex trading the same year and is based in Finland. The company is not regulated and hence is a cause of concern for some traders. However, the company had made a reputation of itself in the market and is trusted for its honesty. They offer a lot of features essential for smooth and successful trading like PAMM accounts, segregated accounts, affiliate program, trailing stops, pending orders and automated trading. The various payment options offered by the company is credit cards, debit cards, MoneyBookers and wire transfer. You can have Euro, Swiss Franc and United States Dollar as the account currencies. Their website and customer support service is available in English, Finnish and Russian language. The customer support service can be availed through email, live chat and phone.

The demo account is also made available to the clients free of cost and the trading platform offered is Meta Trader 4 which is limited to 30 days of inactivity. The same trading platform is also available for real trading and is the most preferred trading platform in the forex market. They offer different types of trading accounts like Micro, ECN and ECN Pro. The minimum amount required to open an account with them is $150 and the minimum position size is 0.01 lots. The spread is variable and the typical spread on EUR/USD is 2.3 and the minimum spread on EUR/USD is 2. They also allow their clients to hedge and scalp. They also allow the use of expert advisor. The number of currency pairs offered by the company is 19 and it includes many major pairs.

The reviews have become the best medium to know about the quality of service offered by a company. The reviews for FinFX posted by different users shows that it has many happy customers and the most talked about feature of the company is that the minimum amount required to open an account with them is $150 and the minimum position size is 0.01 lots. Their customer support service is also very supportive and is very responsive. They have been trained well to handle any trading related issue. Their service is available in English, Finnish and Russian and is liked by many native speakers. However, a few cons mentioned by various users is that the company is not regulated by any regulating authority. A few other cons are that the payment options are very limited. Also the number of currency pairs offered for trading is very limited. They do not offer any trading instrument other than forex to trade and has been mentioned as a concern by many. However, many of them like their trading platform which is fast and makes the execution of trade very fast and successful. The overall reviews are good and the average ratings given to the company by its users is 5.4 out of 10.

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