Finotec reviews

Finotec_logo Finotec 6/10 (votes 2895)

On-line since: 2001
Country of origin: United Kingdom
Regulation: FCA
Payment options: wire transfer, Visa, MasterCard, WebMoney, PayPal, CreditCard
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: from 1:200
Spreads: from 3 pips

Finotec is a branch of FinotecTradingInc established in 1998 in the United Kingdom. In 2001, the company’s specialists developed the Finotec trading platform that allows corporate clients and individuals to enter the global currency market. Finotec is one of the first companies that provided online trading. Thanks to the Finotec platform, traders can see tables and forex rates as well as open deals and monitor open positions. Software is available in eleven languages, including English, French, German, Spanish, Portuguese, Arabic, Turkish, Polish, Chinese, Russian, and Hebrew. The broker’s clients can trade options, CFDs, and stocks.

Finotec has the following advantages:

  • three types of trading accounts;
  • the lowest and commission free spreads on most currency pairs;
  • ZuluTrade;
  • SMS notification of the market situation;
  • special trading platform Finotec.

If you have already worked with Finotec, do not hesitate to leave your feedback. Your comments will help other traders choose a reliable broker.

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Comments about broker

Surra trader
review Finotec

In my opinion, I do not recommend Finotec broker because of their poor systems which offered to their clients. Their server had many re-quotes during the trading time and placing orders. Thus my trades were delayed in traffic time. Moreover, the trading platform was not good and unstable. Sometimes, it was crashed and froze. I also have accepted some drastic movement of spreads but the slippage that is almost 30 pips is unreasonable.

Jayya trader
review Finotec

Trading with Finotec is suffering for me now. For two months, all their trading conditions have been changes. Their platform is shaky and unstable, and the platform started delay to execute my orders. I always got a different position when I was about to close the mining position. Their SL and TP also not working properly, and once I got lose because of their SL was error. I don't think trading with them is still productive, so I decided to close my account at this broker.

Larra trader
review Finotec

The overall trading experience at Finotec is okay. Basically, I am earning decently despite some issues. I am not a fan of their ZuluTrade. It is difficult to operate and there are tremendous delays in the charts.

Jishan trader
review Finotec

I have positive impressions with Ifinotec platform so far! although I've found a profitable trading life on their platform ion the MT4 platform, besides their low spread, live price chart, solid order execution, advanced tools and social trading platform give me the happiest trading experience in the market. Finotec has the fastest withdrawal service. So I would like to say that Finotec is the best trading platform for me.

Sarah trader
review Finotec

One of the best brokers that I've been trading with. I am from UK and Finotec is getting more popular here because of their reliable services. All their services have a very good trading conditions, especially the trading competition. I won from one of the trading contests, and the profit was credited to my account #57XXX6. Though, it requires every participant to pay a participation fee, but it's not a problem for me the contest is really worth it. It improves my trading skills and adds more money in my pocket. Thanks to Finotec.

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