Finotec forex broker review and detailed information
How does Finotec compare with its competitors? Check out also our comprehensive and fully interactive comparison of forex brokers. If you do not know what the terms in the following tables mean, read the tutorial about forex brokers first.
Basic information about Finotec
| Website | Visit Finotec |
| Type | ECN |
| Regulated by | FSA |
| Country | UK |
| Established in | 1998 |
| Live chat | yes |
Trading terms
| Commission (pips) | 0.55-1.50 |
| Fixed spread | no |
| Variable spread | yes |
| Spread on majors (pips) | 0.0-2.0 |
| Leverage | 200:1 |
| Minimum deposit (USD) | 200 |
| Minimum trade size (USD) | 10000 |
| Accepts scalping | yes |
Available features
| Number of currency pairs | 36 |
| Precious metals (gold & silver) | yes |
| Oil | yes |
| Stocks, Indices, and/or CFDs | yes |
| Hedging | yes |
| Trailing stop | yes |
| Free automated trading | yes |
| MetaTrader 4 | yes |
| Mobile trading | yes |
Forex account
| Demo account | yes |
| Interest on unused balance | no |
| Islamic swap-free accounts | yes |
| Segregated accounts | yes |
| Accepts U.S. citizens | |
| Payment by Bank wire | yes |
| Payment by Credit card | yes |
| Payment by PayPal | no |
| Payment by check | no |
| Other payment options | |
| Account in USD | yes |
| Account in Euro | yes |
| Account in GBP | yes |
| Account in CHF | no |
| Account in JPY | no |
| Account in AUD | no |
| Account in CAD | no |
| Account in NZD | no |
| Account in CZK | no |
| Account in DKK | no |
| Account in HKD | no |
| Account in ILS | no |
| Account in NOK | no |
| Account in PLN | no |
| Account in RMB | no |
| Account in RUR | no |
| Account in SEK | no |
| Account in SGD | no |
| Account in ZAR | no |
Languages
| Arabic | yes |
| Chinese | yes |
| Czech | no |
| Dutch | no |
| English | yes |
| French | yes |
| German | no |
| Greek | yes |
| Hebrew | yes |
| Indonesian | no |
| Italian | no |
| Japanese | no |
| Korean | no |
| Malaysian | no |
| Polish | yes |
| Portuguese | no |
| Russian | yes |
| Spanish | yes |
| Turkish | yes |
Finotec customer reviews
Are you a satisfied customer? Or you want to share a scary story? Tell the world about your real-life experience with this forex broker! While writing your review, please also specify for how long time you have been trading with them and what trading style you use (for example news trading, grid trading, scalping, etc.). Readers with a similar trading strategy will pay more attention to your comment. Only genuine broker reviews will be published; posts promoting a website and generic comments will be removed.
Maria Mandelena
2010-07-20
Have been Trading with FINOTEC for about 4 months now, i have no complaints with them.
customer service is very good, i really like there new platform, i think its called SKYTRADER. plus i get daily and weekly market news and analysis.
thanks for your recommendation.
Yesaae
2010-04-30
Finotec 5 Main points:
# Advanced and unique on-line trading platforms - downloadable platform, web platform and mobile platform- only available with Finotec.
# Transparency and easy access to the world’s trading financial products - Forex, Commodities, CFD’s and Stocks.
# Tight spreads, customized leverage accounts, Partial closure, hedging tools, automatic Margin Call.
# Professional and individual support solutions for each client – includes personal dealer, SMS alert systems and monthly trading benefits.
# Regulated by FSA.
i hope this helps everyone
yesaae
2010-04-28
Very satisfied with the above company. have been trading with them for a few months now and no problems at all.
very nice platform, and helpful dealing desk.
recommended
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