Score
Finotrade
https://finotrade.com
Website
Rating Index
Contact
Forex License
No forex trading license found. Please be aware of the risks.
- The declared United Kingdom FCA license (License No. 470392) has been confirmed as a clone firm. Please be aware of the risks and stay vigilant to avoid harm!

WikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.

WikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.
Account Info 

This section presents the core trading conditions for each account type offered by this broker, including trading environment, maximum leverage, minimum deposit, minimum trade size, spreads, commissions, deposit and withdrawal methods, account currency, EA support, and available trading instruments. It helps users quickly compare account requirements, trading costs, and product coverage, so they can decide whether a specific account type fits their trading needs before opening an account.

This section presents the core trading conditions for each account type offered by this broker, including trading environment, maximum leverage, minimum deposit, minimum trade size, spreads, commissions, deposit and withdrawal methods, account currency, EA support, and available trading instruments. It helps users quickly compare account requirements, trading costs, and product coverage, so they can decide whether a specific account type fits their trading needs before opening an account.
- Trading Env.--
- Currency--
- Maximum Leverage--
- SupportedEA
- Minimum Deposit$100,000
- Minimum Spread--
- Depositing Method--
- Withdrawal Method--
- Minimum Trade Size--
- Commission--
- Trading Instruments--
Users who viewed Finotrade also viewed..
AvaTrade
ACY Securities
FXCM
Mitrade
Verified Site 


This section presents the broker's verified website information, including official websites across different countries and regions, visitor location distribution, and related IP information. Users can use this section to identify the broker's official channels and regional websites, avoid unofficial or impersonation websites, and reduce access and trading risks.

This section presents the broker's verified website information, including official websites across different countries and regions, visitor location distribution, and related IP information. Users can use this section to identify the broker's official channels and regional websites, avoid unofficial or impersonation websites, and reduce access and trading risks.
finotrade.com
209.15.195.106Server LocationCanada
ICP Registration No.--Top Visitor Locations--Creation Date--Website Name--Company--
Company Profile
BASIC INFORMATION:
Finotrade is a trading name of Finotec UK Limited, a broker based in London and was established in 2007. Finotrade has since gained 10,000 clients who have invested $100 million. The company offers forex and CFDs on indices and commodities on the MetaTrader 4 platform. The broker also provides some additional tools, such as an economic calendar, calculators and a forex training academy.
MARKETS
Finotrade offers 34 major, minor and exotic currency pairs, such as EUR/GBP and USD/TRY, 11 CFD indices such as NASDAQ and FTSE 100, plus commodities including gold and oil.
MINIMUM DEPOSIT
There are 4 account types available at Finotrade: Classic, Gold, Platinum and VIP. The Classic starter account requires a minimum deposit of $1,000, which is high in comparison to other brokers.
The Gold account requires a $10,000 minimum deposit, the Platinum, $25,000 and the VIP, $100,000. These accounts include competitive spreads and additional benefits, such as webinars, an account manager and premium customer care.
The broker also offers a Multi-Account Manager (MAM) account for fund managers, as well as Islamic swap-free accounts.
LEVERAGE
The maximum retail leverage permitted at FCA-regulated brokers is 1:30 on major forex pairs.
TRADING PLATFORMS
Meta Trader4
PAYMENT METHODS
Finotrade accepts deposits and withdrawals via local wire transfers, SafeCharge and UnionPay. Processing fees start from 2.95% for SafeCharge deposits up to $500,000 and 3.5% plus $0.35 for Union Pay. Local bank charges may apply if youre using wire transfers.
Processing times may vary depending on the payment method; details of these can be provided by the customer support team.
ACCEPTED COUNTRIES
Finotrade accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
TRADING HOURS
Trading sessions for forex and commodities are open 21:05 – 00:00 GMT and are closed from 00:00 – 20:55 GMT. For indices, trading sessions run from 00:00 to 20:55 GMT.
CUSTOMER SUPPORT
The customer support team is available via telephone, email or live chat. Note that the live chat service is managed by a chatbot which, when tested, was not able to answer many of our queries.
· Telephone – +44 2033 187 716
· Email – support@finotrade.com
· Address – Finotrade UK, 1-4 Bury Street, Holland House, London EC3A 5AW, United Kingdom
Company Profile
- 5-10 years
- Questionable Regulatory License
- Suspicious Operational Region
- Clone Firm United Kingdom
- High Potential Risk

Share your experience
Required...


Chrome
Chrome Extension
Global Forex Broker Regulation Query
Browse the forex broker websites and identify the legit and fraud brokers accurately

Install

