FINMARKET review
FINMARKET review: regulation (THE CYPRUS SECURITIES AND EXCHANGE COMMISSION UNDER…), minimum deposit 1000, leverage up to 1:500, platforms and current…
Trading conditions
- Broker type
- ECN/STP
- Minimum deposit
- 1000
- Maximum leverage
- 1:500
- Minimum spread
- 0.6 pips
- Platforms
- MetaTrader 4
- Account currencies
- USD, EUR & More
Bonuses
- No deposit bonus
- No
- Welcome bonus
- Yes
- Other promotions
- Yes
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Bank transfer, credit card, Skrill, Neteller
- Withdrawal methods
- Bank transfer, credit card, Skrill, Neteller
Company
- Regulation
- THE CYPRUS SECURITIES AND EXCHANGE COMMISSION UNDER LICENSE NUMBER 273/15.
- Founded
- 2017
- Country
- Cyprus
- Address
- 56 GRIVA DIGENI AVENUE, ANNA TOWER, FIRST FLOOR, 3063, LIMASSOL, CYPRUS.
- Website languages
- English
- Phone
- +357-251-23320
- Email or Skype
- [email protected]
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FINMARKET pros and cons
Pros
- Regulated by THE CYPRUS SECURITIES AND EXCHANGE COMMISSION UNDER…
- Raw spreads from 0.6 pips
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
- Trading platforms: MetaTrader 4
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:500 magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
FINMARKET FAQ
Is FINMARKET a safe and regulated broker?
FINMARKET was founded in 2017 and is regulated by THE CYPRUS SECURITIES AND EXCHANGE COMMISSION UNDER LICENSE NUMBER 273/15.. Client funds are held in segregated accounts. Your protection depends on which FINMARKET entity opens your account.
What is the minimum deposit at FINMARKET?
The minimum deposit at FINMARKET is 1000. Payment providers may set their own minimum amount.
What is the maximum leverage at FINMARKET?
FINMARKET offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does FINMARKET offer a no deposit bonus?
No. FINMARKET does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.
Which trading platforms does FINMARKET offer?
FINMARKET supports MetaTrader 4. Mobile trading is available.
Does FINMARKET allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does FINMARKET offer an Islamic (swap-free) account?
Yes. FINMARKET offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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FINMARKET at a glance
- RegulationTHE CYPRUS SECURITIES AND EXCHANGE COMMISSION UNDER LICENSE NUMBER 273/15.
- PlatformsMetaTrader 4
- Account currenciesUSD, EUR & More
- LanguagesEnglish
- Phone+357-251-23320
- Email / Skype[email protected]
- FaxNo
- Head office56 GRIVA DIGENI AVENUE, ANNA TOWER, FIRST FLOOR, 3063, LIMASSOL, CYPRUS.