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No valid regulatory information, please be aware of the risk!
FINCORD ASSET 1178860315
General Information & Regulation
FINCORD ASSET is allegedly a forex broker registered in the United States that claims to provide its clients with various tradable financial instruments with leverage up to 50.5x on the web-based trading platform, as well as a choice of four different live account types. Here is the home page of this brokers official site:
As for regulation, it has been verified that FINCORD ASSET does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.11/10. Please be aware of the risk.
FINCORD ASSET advertises that it offers 100+ trading instruments, including currencies, commodities, stocks, and cryptocurrencies.
Apart from demo accounts with $10,000 virtual funds, FINCORD ASSET also offers four different live trading account types, namely Starter, Premium, Delux and Exclusive, with minimum initial deposit requirements of $2,500, $5,000, $10,000 and $50,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.
The maximum leverage provided by FINCORD ASSET is up to 50.5x. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform Available
Platforms available for trading at FINCORD ASSET are seemed to be web-based, and compatible with Android, iOS, Web and Windows devices. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
FINCORD ASSET says to offer 29+ deposit and withdrawal methods, consisting of Bitcoin, Litecoin, Stellar, Ethereum, Perfect Money, WebMoney, Payeer, Advcash, Bitcoin Cash, Ripple, ZCash and Wire Transfer. There are no deposit and withdrawal commissions. The minimum deposit and withdrawal amount are $500, while the minimum investment amount is up to $2,500.
FINCORD ASSET‘s customer support can be reached by email: firstname.lastname@example.org, email@example.com or live chat. You can also follow this broker on social networks such as Telegram, Twitter, Facebook, Instagram and YouTube. Company address: 1425 Champa St, Denver, CO 80202, USA. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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