Finexo is a renowned and reputable online Forex broker. Finexo has been established since 2003 – long before the boom in the Forex trading market. With Finexo, you chose a FX broker that runs one of the most award-winning Forex platforms. The trading platform was elected by FX Week three years in a row as the best platform; EuroMoney chose Finexo for two consecutive years as the best “Forex Service Provider”.
Safety is the primary concern of Finexo. Therefore, their security measures go significantly beyond legal requirements. Finexo belongs to the Safecap Investments Ltd. Safecap is an EU-regulated financial services provider and is monitored and approved by the CySEC (Securities and Exchange Commission of Cyprus). As the SEC of an EU Member State, the CySEC ensures that their regulated brokers strictly follow the legal framework.
As a beginner you can start trading FX with no risk, as you can open a free demo practice account with $100,000. If you are inexperienced in FX trading, we recommend you to use this free opportunity to gain experience in Forex trading.
Besides English, the website of Finexo is available in German, French, Spanish and other languages. This proves that Finexo is an international and established FX broker. Finexo enables you to trade directly in the browser. It is therefore not necessary to download and to install software on your PC or Mac. If you prefer to use trading software that you already know, you can use Metatrader, as Finexo supports MT 4.
You can also trade currencies with your mobile device. The Finexo Mobile Trader offers:
- Instant access to the global markets
- Never miss an opportunity to trade
- Check your positions anytime, anywhere
- User-friendly interface allows you to examine information quickly
- Trade the most popular currencies from the palm of your hand
- Receive news and market updates
- Access to real time prices, charts and graphs
- Sound alerts to inform you about instant changes in the market
When trading with Finexo, helpful support staff is at your disposal. The customer support can be reached by phone or by live chat immediately.
Finexo Bonus and Bonus Codes
New customers receive a first deposit bonus 10% of the paid-in amount. The bonus is limited to a maximum of $2,000, which was just recently increased from $500. It is not necessary to enter a bonus code when registering at Finexo.
Finexo Deposit Options
As an established online broker, Finexo offers significantly more deposit options than the competition. Deposits can be made by credit cards (MasterCard, Visa and Diners Club) as well as with Fast Wire Transfer, Webmoney, Neteller, Moneybookers, PayPal, Liberty Reserve and Click and Buy.
Finexo Trading Figures
Maximum Leverage: 200:1
Minimum Margin: 0.5%
Spread: 3 pips on $ EUR/USD
Available currency pairs: 47
Commodities: Yes (gold, silver, corn, wheat, coffee, soybeans, sugar, cotton, oil, gas)
Indices: Yes (S&P 500, DJ 30, Nasdaq, CAC 40, Dax 30, FTSE 100, Nikkei 225 and others)
Stocks: Yes (Apple, Cisco, eBay, Google, Microsoft, Oracle and about 100 others)
If you are convinced of Finexo, you can advertise this FX broker to friends. With the refer-a-friend program, Finexo rewards you with $50 to $400 per referral. The bonus amount you receive depends on the first deposit amount of your friend. By referring friends, you can earn money without having to trade by yourself!
Finexo Review Conclusion
Finexo is a very good choice if you are looking for a reputable FX broker that is already active in the market for several years, as Finexo was established in 2003. Finexo offers trading of a wide range of currency pairs, and you can also trade commodities, indices and stocks. You can trade directly in your web browser (no download and installation of software necessary), or you can trade with Metatrader 4 or on your mobile device with the Finexo Mobile Trader.
|+ Reputable FX broker, established in 2003||– Bonus limited to 10% of first deposit|
|+ Free demo practice account|
|+ Metatrader 4 and mobile tradin app|