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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

FINEXO

Cyprus Cyprus | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.finexo.com/

Website

Rating Index

Influence

Influence

D

Influence index NO.1

Belarus Belarus 2.58
Surpassed 15.80% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

https://www.finexo.com/
148 Strovolos Avenue, 1st floor, CY 2048, Nicosia, Cyprus

license Forex License

risk

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

Keywords 4
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
Cyprus
Operating Period
5-10 years
Company Name
Trade Capital Markets (TCM) Limited
Abbreviation
FINEXO
Company employee
--
Customer Service Email Address
support@finexo.com
Company Address
148 Strovolos Avenue, 1st floor, CY 2048, Nicosia, Cyprus
Account
Biz Area
Website
Company Summary
Wiki Q&A
Comment

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Official Website

Website

Most visited countries/areas
BulgariaBulgaria
  • finexo.com
    199.83.128.40
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    Bulgaria Bulgaria
    Domain Effective Date
    2003-11-26
    Website
    WHOIS.GODADDY.COM
    Company
    GODADDY.COM, LLC

Company Profile

Company Profile

Review summary

General Information & Regulation

FINEXO is a trademark name operated by Leadcapital Markets Ltd, a Cyprus registered online forex and CFD brokerage firm, currently regulated by CySEC in Cyprus, holding its full license authorized by it, regulatory number: 227/14. FINEXO do not establish accounts to residents of certain jurisdictions including Japan, Canada and USA.

Markets Instruments

FINEXO platform to provide financial trading assets covers foreign exchange, stocks, indices, cryptocurrencies, commodities, bonds, exchange-traded funds.

Minimum Deposit

There are four different types of CFD trading accounts available on the FINEXO platform: Silver (minimum initial deposit of $100), Gold (minimum initial deposit of $10,000), Platinum (minimum initial deposit of $50,000), and Exclusive (minimum initial deposit of $100,000). Objectively speaking, the opening amount required for FINEXO's Gold, Platinum, and exclusive accounts is too high, and investors should be aware of the risks involved.

image.png

FINEXO Leverage

When it comes to trading leverage, the maximum trading leverage is 1:30 for major currency pairs, 1:20 for minor pairs, stock 1:5, indices 1:20, Gold 1:20, commodities other than Gold 1:10, bonds 1:5, and ETFs 1:5.

Spreads & Commissions

Spreads and commissions vary depending on various trading accounts. Silver accounts offer a spread of 0.6 pips on Gold, 1.9 pips on EURUSD, 1.9 pips on USDJPY, and 5 pips on DJ30. Gold accounts offer a spread of 1.5 pips on EURUSD, 0.56 pips on Gold, 1.5 pips on GBPUSD, and 4.5 pips on DJ30. Platinum accounts offer a spread of 1.2 pips on EURUSD and 0.5 pips on Gold, and the spread of DJ30 is 4.0 pips. The spread of Gold in the exclusive account is 0.4 pips, EURUSD 1 pips, GBPUSD 1 pip, and the spread of the DJ30 index is 3 pips.

Trading Platforms

FINEXO provides traders with two trading platform options, WebTrader (online trading platform) and MT4 trading platform. MT4 trading platform has powerful charting tools, a large number of built-in technical indicators, and supports traders to create their own trading strategies.

Trading Tools

FINEXO provides clients with some useful trading tools, such as the Economic Calendar, which shows scheduled economic events and their expected impacts on the financial markets.

Deposit & Withdrawal

FINEXO accepts traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard, Maestro, Skrill, Neteller, and other payment methods.

image.png

Customer Support

FINEXO customer support team is available to give instant responses to traders' inquiries through telephone, email, and Live Chat. FINEXO's website is also available in 9 different languages.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

How is the fund security of FINEXO evaluated?

FINEXO’s fund security profile is evaluated as high-risk, characterized by a SkyEye score of 1.58 and an absence of verified retail client regulation, meaning client funds lack the protective oversight and compensation schemes of a credible regulatory framework.

Yesterday 14:40
United States

What is the license number of FINEXO?

FINEXO, operating as Trade Capital Markets (TCM) Limited, holds a Cyprus Securities and Exchange Commission (CySEC) license numbered 227/14, categorized as a 'Market Making License (MM)'. It is critical to note that this license is currently flagged as 'Unverified' on the regulator's register and does not constitute a standard authorization for providing investment services to retail clients.

Yesterday 14:40
United States

How can I contact FINEXO?

Contact details for this broker, including specific address, phone, and email, are not currently publicly disclosed in standard business directories.

Yesterday 14:40
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Yesterday 16:02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Yesterday 16:02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Yesterday 16:02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Yesterday 16:02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

Yesterday 16:02
United States
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