Broker Name: Finfx
On-line Since: 2010
Payment Option: Wire Transfer, Credit card, Debit Card, Skrill
Minimum Account Size: Micro- 100 USD, ECN- 1000 USD, ECN Pro- 10000 USD, Signal Trader- 2000 USD
Minimum trade Size: Micro- 0.01 lots (1000), ECN- 0.1 lots (10000), ECN Pro- 0.1 lots (10000), Signal Trader- 0.01 lots (1000)
Default Leverage: Micro- 1: 200, ECN- 1 : 100, ECN Pro- 1 : 100, Signal Trader- 1 : 400
Spread: Micro- 1.6 pips, ECN- 0 pips, ECN Pro- 0 pips, Signal Trader- Micro + 0.7 pips
Regulated By: Cyprus Securities and Exchange Commission (CySEC), license no. #234/14.
Finfx is a well known and well acclaimed international forex broker based on Cyprus specialized in online foreign exchange trading. Finfx broker is being operated in accordance with European Unions’ MiFID. Finfx review shows that finfx broker mostly known for its ECN/DMA currency and commodities trading on an online based business platform. Finfx broker has four kinds of accounts system for the people who want to be involved in forex trading. These four types of account is designed for the different levels of forex traders.
The customer base of Finfx is from around the world consisting more than 120 countries. The leverage of finfx is relatively high with a ration of upto 1:200 for currency and commodities trading. Finfx provides its customers market price and feeds from prime banks on a real time basis and also in a award winning Meta Trader 4 platform.
If a forex trader wants, he or she can trade with finfx in three trading platform. Finfx broker offers Meta trader 4 which is the most popular forex trading platform for the most of the forex traders, Meta trader 4 mobile is another trading platform provided by finfx by which customers can trade from anywhere with a iOS or Android based device, Signal trader is the best possible automated mirror trading solution provided by finfx broker.
Advantages that the forex trader can get by doing foreign exchange trading with finfx broker is, the trader can do trading with portable devices like iPhone, iPad, iPod touch and with many other Android and iOS devices. Finfx broker offers customer support service for the convenient of their customers.
Demo account is an interesting feature provided by finfx. By this demo accounts a new trader can open an account and trade with virtual money to learn about the scenario and techniques of trading.
Disadvantages of trading with finfx is if a new forex trader wants to trade with Finfx, it will be difficult for many traders as the minimum account size as 100 USD. Finfx provides 24/5 customer support service like most of the forex broker. But the forex broker review shows that people wants 24/7 customer service.
Finfx has a team of dedicated employees who works real hard to ensure the safety and security of the clients of finfx with a great offering of customer service. If a trader wants to trade in foreign exchange market finfx can be a good choice of trading with.