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/10

FinMarket

Cyprus|5-10 years|
Suspicious Regulatory License|MT4 Full License|Regional Brokers|High potential risk|

https://finmarket.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
FinMarketCY-Server MT4
Server Location Germany

Contact

(+)357 2505 6431
support@finmarket.com
https://finmarket.com/
Georgiou Griva Digeni 56, Limassol, Cyprus

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

(+)357 2505 6431

Broker Information

More

Company Name

K-DNA Financial Services Ltd,

Company Abbreviation

FinMarket

Platform registered country and region

Cyprus

Company website
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Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-14
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

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Sources

FinMarket · Company Summary

Company Summary

Company profile

General Information & Regulation

FinMarket, owned and operated by K-DNA Financial Services Ltd, is an online broker for trading Forex, Commodities, and Indices CFDs. FinMarket currently holds a straight-through license from the Cyprus Securities and Exchange Commission (license number: 273/15).

Markets Instruments

FinMarket offers traders popular financial trading instruments, including Forex, stocks, indices, CFDs, commodities, and cryptocurrencies.

Minimum Deposit

FinMarket offers five different trading accounts for traders to choose from. The most basic account among these five is the Blue one, with the minimum deposit of $250, slightly higher than sector standards. Silver (minimum deposit of $ 5,000), Gold (minimum deposit of $20,000), Elite Membership (minimum deposit of $50,000).

FinMarket Leverage

FinMarket, being a Cyprus-regulated broker, offer the maximum leverage lever for forex trading is up to 1:30, while for professional traders, they can apply for the higher leverage up to 1:200 after their trading knowledge and skills are fully confirmed.

Spreads & Commissions

Spreads vary depending on different trading accounts. The Silver account offers the spread of 1.6 pips on EURUSD, 2.1 pips on GBPUSD, and 1.9 pips on AUDUSD. The Gold account offers a narrower spread condition, with 1.4 pips on EURUSD pair, 1.9 pips on GBPUSD, and 1.7 pips on AUDUSD.

Trading Platform

FinMarket offers traders the flexibility to choose from mobile trading tools, web trading tools, and the market-leading and highly regarded MT4 trading platform.

Deposit & Withdrawal

Traders can withdraw and deposit funds from their FinMarket accounts via wire transfer, Visa/MasterCard, Maestro, Skrill, Neteller, Giropay, etc.

User Reviews

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User comment

4

Comments

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汉弘Stone 穿戴科技全球加盟
more than one year
Don’t come, guys. FinMarket is nothing but a scammer. they don’t even have a physical company address. Nowadays, many online scammers come out to defraud people, beware.
2023-02-20 09:30
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0
0
FX1100093040
more than one year
This FinMarket company has sold their domains for a staggering $172,500... I hope no broker gets scammed. At least I haven't seen any victims revealing their illegal behavior on this website... I hope everyone can be more vigilant and don't get fooled!
2022-12-06 10:29
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0
0
K线图
more than one year
Maybe they used to be a good broker, but obviously, since they shut down their website and absconded, they don't deserve the good reviews online anymore! Forever despise these scammers!
2022-11-29 18:21
Reply
0
0
五月桃
more than one year
haven’t traded with this broker yet, its website design quite confusing, After spending several minutes looking through its website, I cannot firgue out what does this broker do?
2022-11-29 17:14
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0
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