Finpari reviews

Finpari_logo Finpari 6/10 (votes 2449)

On-line since: 2014
Country of origin: UK
Regulation: -
Payment options: Visa/Mastercard bank cards, JCB, American Express, China Union Pay, Neteller, Perfect Money, Web Money, Qiwi Wallet, Yandex.Money, Bitcoin, Alipay, Ok Pay
Minimum account size: $250
Minimum lot size: -
Leverage: -
Spreads: -

Finpari has been operating in the forex industry since 2014. The broker’s activity is not subject to any supervisory agency. However, the company’s performance complies with the UK legislation. The broker ensures high quality of its services.

The broker’s official website is designed with the idea of simple navigation so that traders do not face troubles.

Apart from educational materials and market updates, rookie traders can get to know Forex, trading on a demo account before investing their own money.

All deals are executed through SpotOption, a popular trading platform to trade binary options. Trading is available on PCs, laptops, and mobile devices (Android or iOS). A client is required to invest at least $1 whereas the biggest amount to invest is $1,500. So traders can afford to deposit any means to trade with the broker.

The company offers a variety of trading instruments: currency pairs, shares, commodities, and indices. Clients can choose one account from the following account types: Bronze, Silver, and Gold. Bonuses are provided for all account types.

Clients trade several types of option contracts such as classic put/call options, Sixty seconds, One touch, Option builder, and Pairs. Finpari offers a wider choice of binary options compared to other brokers.

  • Put/call option is one of the most popular types of binary options. A trader needs to decide whether an asset price will go up or down.
  • Long-term options mean that an option term lasts for a few weeks or months.
  • Sixty seconds expires/closes in one minute.
  • One touch means that an investor has to foresee whether an asset’s price will touch a certain value.
  • The option type called Pairs enables a client to gain a profit, trading two assets in parallel.
  • Option builder is a version of the classical put/call option that allows a trader to take a profit after a price reaches a specified level.

The broker accepts USD, EUR, GBP, and RUB for trading. Finpari does not charge commissions for depositing and withdrawing money.

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Comments about broker

Laloke trader
review Finpari
29-07-22

Finpari has one of the most poor platform available today. Last week I placed an order on USDCHF and one hour latter market moves in the opposite way so I was trying to close the position but I was unable because the platform crashed. I tried on friend’s computer but could not reload it for up to 15 minutes. I lost over $338 just in one trade. I also contact with their support via live chat but they refuse to accept that was their platform problem. Anyway I am going to leave Finpari broker.

Mikaella trader
review Finpari
19-10-21

Finpari is a ridiculous broker. I have an ECN account with them with a deposit of $300. I started trading with my paid EA, and I earned a profit of $215, and my total balance reached $515. Then, they canceled the deposit profit value of $215. When I contacted them, they told me that profit cancel because of using an EA. After that, I tried to withdraw my deposit of $280 then they blocked my account. I didn't feel secure trading with Finpari as they are an unregulated broker. So my advice, never trade with this broker.

Shayla trader
review Finpari
11-08-21

The best thing about Finpari is their mobile platforms. I am so happy that I finally found a broker that offers a mobile platform that works properly. It has a simpler interface than the desktop platform but it is still complete with tools.

Vesamonto trader
review Finpari
24-03-21

I had a very bad occurrence with Finpari. I use their SpotOption platform for binary trading. Last month, I was execute around 80 options on EUR and USD related pairs and around 60 orders closed with profit and I earned $534 just in one month. Next day while I was trying to login my account it showing that, “account has been blocked by their finance department”. Straight away, I email them and respond me back that they blocked my account because they found bizarre activity in my trading account. That means making income is bizarre activity for them. This is intolerable - stay away from Finpari!

Justin trader
review Finpari
27-01-21

I want to share my trading experience with Finpari broker. Since the beginning I trade with them, I found that they don't have a good trading condition. Their platform also not working great, the spread could get so high, and leverage is not competitive. Also, they used to delays executing my orders, which is affects my trading activity. When I get into trading trouble, I called their support team, but they didn't fix the trouble directly. Even sometimes, it's hard to reach their customer support. It's the same as another broker for the deposit, but for withdrawal, they took a big fee for that. They also have hidden commission.

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