Finotec Reviews and User Ratings

Add to compare
  • Overview
  • Information
  • Video
  • Specification
  • Review score

Finotec General Information


Broker Name
Finotec
Established
1998
Country
United Kingdom
Min Deposit
$200
Max Leverage
1:200
Regulation
FCA, FSA
Email
contact@finotec.com
Telephone
44 203 514 0406
Fax
44 207 613 0807
Website Language
English
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer

back to menu ↑

Description


Finotec Background

Finotec has been in operation since 1998 and has been promoting its web-based platform since 2001; it is regulated by Financial Conduct Authority (FSA). Finotec offers real-time online trading in currencies as well as options, Stocks, Commodities and CFDs. It was developed by a team of internet and Forex professionals.

Features of Finotec

  • Finotec offers a free Demo account which makes use of the company’s standard platform. This account enables one to assess the account using the virtual money that the account is bankrolled with before depositing real money with the account.
  • There is a host of technical information such as analysis that can be accessed from the website’s dropdown menu.
  • Finotec’s Standard account comes with leverages of up to 1:200.
  • Finotec offers clients with cutting edge trading platforms including the widely used MT4, well known for its great features which enhance trading experiences. Currenex trading platform is also offered at Finotec.

When one visits Finotec for the very first time, the impression he or she gets is that of a Forex website with a consumer look and touch which is quite enticing especially to the new traders.

Conclusion

Finotec is a good place to start Forex trading. Traders stand to get a positive Forex trading experience.

back to menu ↑

Video


back to menu ↑

Features and Trading Instruments


Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
back to menu ↑

Pros and Cons


Finotec offers clients with 24/5 live support in multiple languages including English, Arabic, Russian, Chinese, German, French, Spanish and Vietnamese among others. The traders can also seek for help via email and phone.

PROS:
  • Finotec clients have unlimited access to streaming news feeds, email and mobile alerts.
  • High speed execution and clearance.
  • Enhanced access to liquidity pool.
  • Relatively low flat fee commission.
  • Registration with Finotec is not only easy but also fast.
CONS:
  • Finotec does not accept traders from the US as at the moment.
back to menu ↑

Account Type


  • Minimum Account Size: $200
  • Spread: Low/ Fixed
  • Trading Instruments: Forex, CFDs
  • Trading Platforms: MT4, Currenex, Sky Trader

  • Minimum Account Size: $10000
  • Spread: Low/ Fixed
  • Trading Instruments: Forex, CFDs
  • Trading Platforms: MT4, Currenex, Sky Trader

back to menu ↑

Finotec Review Score


Finotec Reviews and User Ratings
6.5 Total Score
5 reviews
Add your review
Web Design
6.8
Reliability
7.0
Platform
6.2
Customer Support
6.2
Withdrawal
6.6
Broker Name
Finotec
Established
1998
Country
United Kingdom
Min Deposit
$200
Max Leverage
1:200
Regulation
FCA, FSA
Email
contact@finotec.com
Telephone
44 203 514 0406
Fax
44 207 613 0807
Website Language
English
Support Methods
Email
Telephone
Live Chat
Skype
24/7 Support
Deposit Options
Credit Cards, Debit Cards, Wire Transfer
Withdraw Options
Credit Cards, Debit Cards, Wire Transfer
Features
Hedging
Scalping
Margin Interest Rate
Trailing Stop
Web Based Trading
Pending Orders
One Click Execution
Mobile Trading
US Traders
Automated Trading
Islamic Account
Swaps
Segregated account
Affiliate Program
Trading Contest
PAMM
Trading Instruments
Oil
Gold
Metal
Indices
ETFs
CFDs
Stocks
Commodities
Finotec Reviews and User Ratings
6.5 Total Score
5 reviews
Add your review
Web Design
6.8
Reliability
7.0
Platform
6.2
Customer Support
6.2
Withdrawal
6.6

Subscribe to Receive Notifications

Get Notified With Good Content and Promotion

5 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    Joaquin Casio
    June 21, 2016 at 9:00 am
    4.3
    Web Design
    90
    Reliability
    80
    Platform
    90
    Customer Support
    80
    Withdrawal
    90

    Finotec is just the most versatile broker I have had the pleasure of working with, at least in terms of the number of platforms they provide. They have SkyTrader, MT4, Boker/Hedge Fund Managers Trading System, Currenex and FIX API. That’s just an incredible number of trading platforms to trade wherever you are and whichever you are most comfortable with. Just amazing innovations right there.

    Helpful(0) Unhelpful(0)You have already voted this
  2. Reply
    TheNoogieMachine
    June 6, 2016 at 2:20 pm
    3.8
    Web Design
    80
    Reliability
    80
    Platform
    70
    Customer Support
    80
    Withdrawal
    70

    Since 2003 I have already been trading with Finotec which makes one hell of a statement as to how stable and reliable this broker is. In almost 12 years of trading with Finotec I have never had any problems with them and even their system. I was there when they were making innovations and they just kept getting better and better as the years wore on.

    Helpful(0) Unhelpful(0)You have already voted this
  3. Reply
    Bobby Joe
    June 19, 2014 at 4:57 pm
    2.7
    Web Design
    50
    Reliability
    60
    Platform
    50
    Customer Support
    60
    Withdrawal
    50

    As far as I’m concerned Finotec isn’t awful and it isn’t the bomb either as a broker. Admittedly, Finotec is fairly well-rounded offering multiple trading instruments and their services aren’t too shabby either, withdrawals and deposits are quite fast and so on. Problem is it just doesn’t have that defining characteristic that separates it from the other brokers. It’s just a rebranded generic broker.

    Helpful(0) Unhelpful(0)You have already voted this
  4. Reply
    Matthias Ilgauskas
    April 30, 2014 at 2:40 pm
    1.9
    Web Design
    40
    Reliability
    50
    Platform
    30
    Customer Support
    20
    Withdrawal
    50

    I’ve been trading with Finotec for a fair bit of time now and all I have to say is these guys just don’t know how to get with the times. I mean seriously, we’re in the digital age where everybody likes doing things on the go. The fact that Finotec can’t come up with a mobile app for trading just shows that their lacking in innovation.

    Helpful(0) Unhelpful(0)You have already voted this
  5. Reply
    MamaIJustKilledAMan
    April 11, 2014 at 1:00 pm
    3.7
    Web Design
    80
    Reliability
    80
    Platform
    70
    Customer Support
    70
    Withdrawal
    70

    I am a broker who just loves integration and diversity in investments and that’s why I fell in love with Finotec, they provide multiple trading instruments that allow me to do all my trading with one account. Whether I want to trade in metals, oil, gold, indices, stocks, commodities, ETFs, CFDs; Finotec simply has it all.

    Helpful(0) Unhelpful(0)You have already voted this

Leave a reply

Your total score

Login/Register access is temporary disabled
Compare items
  • Forex Broker (0)
  • Binary Options (0)
Compare
0