Financika Review

Financika Logo

Founded in 2014, Financika is an online trading broker that operates the STP execution model. The broker is based in Vanuatu; they provide traders with the intuitive PROfit trading platform for trading forex, CFDs, stocks, commodities, indices, and other trading instruments. Their clients are offered essential trading conditions, such as zero commission, multiple payment methods, low spreads, leverage of up to 1:200, easy account opening process, and more. They provide traders with helpful trading tools, learning materials, and a client support team. The minimum deposit required to start trading is $200.

Financika Review Introduction

In this Financika review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including Financika.

Financika Platforms & Tools

PROfit Trading Platform

Financika allows traders to buy and sell the available financial markets using the intuitive PROfit trading platform. Thanks to its plethora of built-in tools, the PROfit trading platform provides traders with an enhanced trading experience, including direct platform support, advanced charts, one-click trading, and more. With a user-friendly interface, the PROfit trading platform is suitable for amateur and advanced traders alike. The PROfit trading platform is available as a WebTrader that runs directly on modern web browsers — Chrome, Safari, Firefox, and Edge — without needing to download or install additional software, and a mobile app that is designed for smartphone devices running on Android and iOS.

Financika Review Trading Platforms
Financika Review Trading Platforms

To ensure traders get an enhanced trading experience, the broker makes available a good selection of standalone trading tools, such as Economic Calendar, Advanced Charts, AutoChartist, and more.

Financika Research & Education

There are various learning resources — learning articles, announcements, video tutorials, and an FAQ section — on the broker’s website to improve clients’ trading skills.

Financika Review Video Tutorials
Financika Review Video Tutorials

Financika Trading Accounts

The Standard account is the only account option offered by Financika. The account requires a minimum deposit of $200, and the maximum leverage is capped at 1:200.

Financika Account Funding

Traders can deposit and withdraw funds to and from their trading accounts using any of the following payment methods: bank wire transfer, credit/debit cards, and some online payment processors, such as Neteller, Skrill, and more.

Financika Review Deposit and Withdrawal Methods
Financika Review Deposit and Withdrawal Methods

Financika Customer Service

All clients’ general, technical, and account-based inquiries are sent to a knowledgeable client support team. The support team can be contacted via telephone, email, and online form.

Financika Regulation

Financika is owned by Financika (Sharp Trading) Ltd. The Financika Group consists of Cubbon Services Limited, a European entity that is duly registered in Cyprus with registration number 219627. It operates the website in conjunction with the international affiliate, Financika (Sharp Trading) Ltd, which is registered in Port Vila, Vanuatu, and licensed by the Vanuatu Financial Services Authority with license number 12898.

Financika Review Summary

Operating from Vanuatu, Financika is a retail trading broker that provides traders with the PROfit trading platform to buy and sell various financial assets with ease. The broker offers useful trading tools, educational resources, and a knowledgeable client support team.  The minimum deposit required to start trading is $200. The maximum leverage is pegged at 1:200, and no commission is charged on trades.

It is worth mentioning that some of the trading products and services in this Financika review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Financika broker website, which you can visit by using the link below.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Financika

7

Spreads

7.0/10

Liquidity

7.0/10

Commissions

7.0/10

Support

7.0/10

Regulation

7.0/10

Features

  • Premium trading platform
  • AutoChartist and other useful trading tools
  • Educational resources
  • Multiple financial instruments