Score
Russia
|
5-10 years
| https://www.finam.ru/
Website
Rating Index
Influence
AA
Influence index NO.1
Russia 9.51
LicensesLicensed Entity：Общество с ограниченной ответственностью "ФИНАМ ФОРЕКС"
License No. 045-13961-020000
Single Core
1G
40G
1M*ADSL
Russia Russia finam.ru Russia Russia| FINAM Review Summary | |
| Founded | 1998 |
| Registered Country/Region | Russia |
| Regulation | CBR |
| Market Instruments | Stocks, bonds, futures, precious metals |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | FinamTrade, COMON, Transaq, TSLab, QScalp, MT4, MT5, Quick, Tradematic Trader, Volfix, PirateTrade Traders' Diary, Trade API |
| Min Deposit | / |
| Customer Support | Mon-Fri: 09:30–21:00 (no break), Sat: 10:00–16:00 |
| Live chat | |
| Tel: +7 (495) 796-93-88 (open an account), +7 (495) 1-346-346 | |
| Address: 127006, Moscow, Nastasinsky lane, 7, building 2 | |
FINAM was registered in 1998 in Russia, specializing in stocks, bonds, futures, and precious metals markets. It supports a number of trading platforms, and it also provides demo accounts. Besides, this company is regulated in Russia. However, it does not reveal much information about account and trading details on its official website.
| Pros | Cons |
| Long operation time | Unclear fee structure |
| Regulated by CBR | Unknown payment options |
| Diverse tradable assets | |
| Demo accounts available | |
| MT4 and MT5 supported | |
| Various trading platforms | |
| Live chat support |
Yes. FINAM is regulated by Central Bank of Russia (CBR).
| Regulated Authority | Current Status | Regulated Country | License Type | License No. |
| Central Bank of Russia (CBR) | Regulated | Russia | Retail Forex License | 045-13961-020000 |
WikiFX field survey team visited FINAM's regulatory address in Russia, and we found its physical office.
FINAM provides a variety of products, including stocks, bonds, futures, and precious metals.
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Bonds | ✔ |
| Futures | ✔ |
| Precious Metals | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptos | ❌ |
| Options | ❌ |
| ETFs | ❌ |
FINAM supports a number of trading platforms, among which MT4 and MT5 are included.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, web, mobile | Beginners |
| MT5 | ✔ | PC, web, mobile | Experienced traders |
| FinamTrade | ✔ | PC, web, mobile | / |
| COMON | ✔ | / | / |
| Transaq | ✔ | / | / |
| TSLab | ✔ | / | / |
| QScalp | ✔ | / | / |
| Quick | ✔ | / | / |
| Tradematic Trader | ✔ | / | / |
| Volfix | ✔ | / | / |
| PirateTrade Trader's Diary | ✔ | / | / |
| Trade API | ✔ | / | / |
FINAM offers stocks, bonds, futures, and precious metals, which I find appealing if I’m focused on these specific markets. However, since they don’t offer forex, commodities, or cryptocurrencies, I’d personally be disappointed if I were looking to trade more diversified assets like FINAM Forex or cryptocurrencies. That being said, if I’m interested in those instruments, this could still be a good option for me.
One thing I’d be cautious about is the lack of transparency around fees and payment options. As a trader, I find this frustrating because it’s hard to plan for potential costs without clear information. If I were to use FINAM Forex, I’d be concerned about hidden fees and unclear deposit or withdrawal options, which could be an issue when managing funds on a regular basis.
FINAM provides a range of platforms, including MT4, MT5, and custom tools like FinamTrade. For me, this is a significant advantage because I like having options depending on my trading strategy. MT4 is great for beginners, and MT5 offers more advanced features, which is appealing to experienced traders like myself. If I were using FINAM Forex, I’d be glad to have these options available to suit different needs and preferences.
Yes, FINAM is regulated by the Central Bank of Russia (CBR). For me, this regulation provides a certain level of security, especially for traders based in Russia. However, if I were an international trader, I’d still be a bit cautious about the level of protection offered by the CBR compared to other top-tier regulators like the FCA. In my experience, regulation is important, but the specifics of each country's financial oversight play a big role in deciding whether I’d feel comfortable with the broker.
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FX2511275637
Hong Kong
Deduct my money for no reason. Deduct my hard-earned money for no reason.
Exposure
龙的传人45289
Peru
A friend of mine recommended this company to me and I think it really deserves it. Your transaction costs are within reasonable limits. The amount of spreads and commissions are not very high, which I really like
Positive
单云涛
Hong Kong
This broker is only asking for a low deposit of $100, and it uses MT4 trading platform, you should also notice that this platform is not stable, and sometimes you can easily lose your money. Its spreads offered are not that tight in real trading environment, you may experience high slippage, thus leading to a loss.
Neutral
FX1021479401
Hong Kong
So easy to get started with FINAM! I have just opened an live account without $100. Before that, i have been trading with my demo MT4 account. Now it is a new start for my forex investing life! 🙏🙏🙏
Positive