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/10

FinCryptoMarket

China China | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://fincryptomarket.com/

Website

Rating Index

Contact

https://fincryptomarket.com/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
China
Operating Period
2-5 years
Company Name
FinCryptoMarket
Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • fincryptomarket.com
    13.225.183.14
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

FinCryptoMarketReview Summary
Founded2022-09-06
Registered Country/RegionChina
RegulationUnregulated
Market InstrumentsForex/Indices/Stocks/Metals
Demo Account
LeverageUp to 1:200
SpreadFrom 1 pip
Trading Platform/
Min Deposit€50000

FinCryptoMarket Information

FinCryptoMarket is a broker. The tradable instruments include forex, indices, stocks, and metals. The broker also provides three accounts with a maximum leverage of 1:200. The minimum spread is from 1 pip and the minimum deposit is €50000. FinCryptoMarket is still risky due to its unregulated status.

FinCryptoMarket Information

Pros and Cons

Pros Cons
Leverage up to 1:200Unregulated
Demo account availableMT4/MT5 unavailable
Various tradable instrumentsInaccessible official website
Unspecific transfer time and fee information
Unclear swap fee

Is FinCryptoMarketLegit?

FinCryptoMarket is not regulated, making it less safe than regulated brokers.

Is FinCryptoMarketLegit?
Is FinCryptoMarketLegit?

What Can I Trade on FinCryptoMarket?

FinCryptoMarket offers a wide range of market instruments, including forex, indices, stocks, and metals.

Tradable Instruments Supported
Forex
Indices
Stocks
Metals
Cryptocurrencies
Commodities
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on FinCryptoMarket?

Account Type

FinCryptoMarket has three account types: presidential, platinum, and executive. Traders who want low spreads can choose a presidential account, while those with a small budget can open a platinum account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type PresidentialPlatinumExecutive
Minimum Deposit€250000€50000€100000
LeverageTailored Leverage200200
Spread0.5-11.5-21-1.5

FinCryptoMarket Fees

The spread is from1 pip. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:200 meaning that profits and losses are magnified 200 times.

Deposit and Withdrawal

The minimum deposit is €50000. FinCryptoMarket accepts Visa, Maestro, UnionPay, Safecharge, and WebMoney for deposit and withdrawal. However, the official website is inaccessible, so transfer processing times and associated fees are unknown.

Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is FinCryptoMarket safe and reliable?

Based on the available information, FinCryptoMarket exhibits a high-risk profile. According to WikiFX data, it holds a low score of 1.43, reflecting its unregulated status and operation from a region with a noted 'Suspicious Scope of Business.' The broker lacks oversight from any recognized financial authority, which means client funds are not protected by standard compensation schemes. While user reviews mention profitable trading, this should be weighed against the fundamental absence of formal regulatory safeguards.

04-12
United States

Is FinCryptoMarket regulated?

FinCryptoMarket is not a regulated entity. The broker operates without any valid forex trading licenses from major regulatory bodies such as the FCA, ASIC, or CySEC. Its regulatory index is scored at 0.0 by WikiFX. The firm is registered in China and is categorized as having a 'Suspicious Scope of Business,' indicating a significant lack of credible financial oversight.

04-12
United States

What is the minimum deposit of FinCryptoMarket?

FinCryptoMarket offers a tiered account structure with varying minimum deposits. The entry-level 'Green' account requires a €5,000 deposit, while the 'Presidential' account has a high entry condition of €250,000. Other tiers include the 'Premium' (€15,000), 'Platinum' (€50,000), and 'Executive' (€100,000) accounts.

04-12
United States

Does FinCryptoMarket support MT4 or MT5?

Information regarding the specific trading platform(s) offered by FinCryptoMarket, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not available in the current dataset. It is advisable to consult the broker's official website for details on its trading software.

04-12
United States
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