Year established: 2012
Country: Russia
Regulation: Cyprus Securities and Exchange Commission (CySEC)
Payment options: WebMoney, wire transfer, payment cards
Minimum initial deposit: $10
Smallest lot size: 0.01 lot
Leverage: up to 1:500
Spreads: from 1 pip

FINAM LIMITED is a Russian broker which proved to be a reliable and professional intermediary between clients and the market. The company was established near a decade ago. Finam’s offices are located in Russia as well as in other countries such as Cyprus.

The broker offers its clients to trade through the MetaTrader 4, the most popular trading platform. Besides, the company has designed its own platform Finam Multi Exchange and another version, FinamTrade.

FINAM LIMITED provides brokerage services under the brand name Whotrades. The founders of the company describe it as a social network for traders and investors. Traders can access stock exchanges available with this broker through the client cabinet.

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Comments about broker

Kacang trader
review Finam

Nice relationship marketing. They also give a very good spread condition to trade in crossed pairs, Plus after I verified they gave me a Welcome bonus of $250 welcome bonus, which means we don't even have to invest our own capital. The best thing about Finam is its leverage of 1:500 for small traders like me which is very good for making big profits in a small investment. Execution is smooth - has very minimal slippages, no requotes. I never regret to choose Finam and I highly recommend this broker to traders

June trader
review Finam

A few minutes after I had made a deposit to top up my trading account. My equity dipped below the bonus level, because my deposit payment did not immediately show up on my account. My internet connection is very simple and I haven't experiences problems such as requotes, freezes, etc so far. They provided good leverage: 1:500 – 1:1000 and make me got almost 45% profit in my every trading process. Besides, their always gives best execution that done very quickly and accurately. The customer service of Finam has proven to be responsive and helpful.

Benzka trader
review Finam

The trading platform of Finam is terrible. I don't know why the company doesn't take action on this but it always crashes. I have spoken with other clients through a forum and we all experience the same thing. Trading is becoming very difficult because of this.

Natanael trader
review Finam

The spreads of this company are affordable for everyone. In short, they are consistent and do as what they advertised. The company truly cares for the progress of their clients so they make sure that we get a productive and pleasant trading experience. I also always enjoy profit from Finam. Maybe I will stick with this broker. I hope there are no big problems later on. I never had a problem while trading with Finam. So I say they are safe for trading in the market. I get confident that I could better so again I deposited $1000. Every day I opened 10+ trades and my profit up with 180%. I withdraw $1500 though Wire Transfer and they send it within 2 hours into my account. I will stay with this broker.

Timberwood trader
review Finam

I have a little experience with Finam broker on their TradeX platform. Really I have experienced a great execution and service in the market so far. Actually their Wide range of trading tools and Instant order execution on the platform, tight spreads just awesome for me. I have no serious problems with the TradeX platform. I am satisfied with the payment system too. I can withdrawals my money within three business days via wire transfers to appear in my bank account. Finam is a profitable broker for me.

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