Introduction
Finarix.com is a website that provides online trading services for FX and CFD instruments. The company is based in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC). The website was launched in 2009 and has since then provided its services to over 200,000 clients from all over the world. The company has a strong focus on safety, security, and customer support. In this Finarix review, we will take a look at the company’s services, fees, account types, and more. We will also provide our own rating for the company based on our findings.
What is Finarix?
Finarix is an online broker that offers trading in forex, commodities, and indices. The company is headquartered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). Finarix was founded in 2010 and offers its services to clients from all over the world.
The main advantages of Finarix are that it is a regulated broker, it offers a wide range of tradable instruments, and it has a user-friendly platform. The main disadvantages of Finarix are that it does not offer MetaTrader 4 (MT4) trading platform and it has high minimum deposit requirements.
The Pros of Finarix
Finarix is an online broker that offers a variety of features and services that can be beneficial for investors. Some of the pros of using Finarix include:
-A wide variety of investment options: Finarix offers a wide variety of investment options, which can be helpful for investors who are looking to diversify their portfolios.
-Competitive pricing: Finarix offers competitive pricing on its products and services, which can help investors save money.
-A user-friendly platform: The Finarix platform is designed to be user-friendly, which can make it easier for investors to manage their accounts and make trades.
The Cons of Finarix
There are a few cons to Finarix that should be considered before signing up for an account. First, the company is not regulated by any major financial regulator, so there is some risk involved in trading with them. Additionally, the spreads on currency pairs are slightly higher than average, and the company does not offer any promotions or bonuses at this time. Finally, customer support is only available during business hours, so if you have questions or concerns outside of those times you will need to wait until the next business day to get a response.
Traders Ratings
Finarix.com is an online broker that offers a variety of financial products and services. The company is headquartered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). Finarix.com offers trading in forex, CFDs, and binary options on a variety of underlying assets.
The broker provides its clients with a web-based trading platform that is available in English, Russian, and Arabic. Finarix.com also offers mobile trading apps for Android and iOS devices.
Finarix.com has received mixed reviews from traders. Some traders have praised the broker for its low spreads and fast execution speeds. Others have criticized the broker for its lack of customer support and limited account types.
Conclusion
All in all, Finarix is a reliable and user-friendly trading platform that offers a wide variety of assets to trade with. The customer support is responsive and helpful, and the overall experience of using the site is positive. However, there are some drawbacks to consider, such as the high minimum deposit amount and lack of educational resources. If you’re looking for a new trading platform to try out, we recommend giving Finarix a chance.