Headquartered in Cyprus, FinMarket is an online trading broker that provides traders with some favourable trading conditions, such as deep liquidity, a fully transparent trading model, multiple account options, low spreads from 0.8 pips, leverage of up to 1:30, and more. The broker offers the following trading instruments: forex, indices, commodities, CFDs, stocks, and cryptocurrency. Trades are carried out on the MetaTrader 4 trading platform, which is available in different versions. They offer some helpful trading and learning tools and also provides a customer support team to assist traders. The minimum deposit required to open a live trading account is $250.
FinMarket Review Introduction
In this FinMarket 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 FinMarket.
FinMarket Platforms & Tools
FinMarket offers access to trade on the sophisticated MetaTrader 4 trading platform. The MT4 trading platform is used by most forex and CFD traders around the world owing to its fully customisable and user-friendly interface. It features different useful trading tools and functionalities, including charting, technical analysis, support for trade automation via expert advisors, and more.
The broker makes the MT4 trading platform available as a desktop application for Windows and Mac computers; WebTrader that can run directly on modern web browsers, including Chrome, Safari, Firefox, and Edge; and a mobile app that is designed for Android and iOS devices. The mobile app caters to traders who would want to trade on their mobile devices while on the move, and they can be downloaded from the respective app stores.
Traders also benefit from some useful trading tools that are designed to enhance their trading experience, and they include Economic Calendar, Daylight Saving Trading Hours, Holiday Trading Hours, and more.
FinMarket Research & Education
The broker provides traders with several learning resources to improve their trading skills and also keep them informed on the latest happenings in the financial markets. These include trading webinars, daily news, and more.
FinMarket Trading Accounts
The following trading account options are available to FinMarket’s clients: Silver, Gold, Platinum, Diamond, and Elite accounts. Traders are allowed to choose the account type that best suits their individual trading objectives and capital. The least deposit requirements range from $250 on the Silver Account to $250,000 on the Elite Account.
FinMarket Account Funding
Traders can deposit and withdraw funds with any of the following payment methods: bank wire transfer, credit/debit cards, and e-payments.
Some payment methods may not be available in certain countries, while the transaction processing time may vary depending on the payment method.
FinMarket Customer Service
The broker’s client support team is available to respond to traders’ general, technical, and account-based inquiries through any of the following contact channels: telephone, email, Live Chat, online form, and social media.
FinMarket is a brand owned and operated by K-DNA Financial Services Limited. It is regulated by the Cyprus Securities and Exchange Commission with license number 273/15. FinMarket also complies with MiFID.
FinMarket Review Summary
FinMarket is an online trading broker that is regulated by CySEC. They provide traders with the MT4 platform for trading multiple financial assets. Clients also benefit from trading tools, educational resources, and a knowledgeable client support team. There are multiple trading account options to choose from, while the minimum deposit required to open a live account is $250.
It is worth mentioning that some of the trading products and services in this FinMarket 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 FinMarket 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.