FinuTrade Review – What Makes this Broker Different?

FinuTrade Review

FinuTrade logoAre you looking for a FinuTrade review? It is understood that if you are searching for broker reviews, it means that you have made up your mind to start trading online. To be honest, there are millions of people around the world who have always wanted to get their feet wet in the financial markets. But, they were not able to do so due to a number of factors. Some people were stuck in a 9-to-5 job rut and couldn’t break away because of their financial struggles. Others didn’t have the huge amount of capital that was needed to begin.

Similarly, there were also people who didn’t have the knowledge or the experience to begin trading in the financial markets. This was before the concept of online trading became prevalent and changed the entire landscape. With this introduction, it became possible for anyone and everyone to dive into the financial market of their choice, even with a small sum, and without quitting their existing job. Experience and knowledge are vital for success, but they are not a prerequisite. You don’t have to show your degrees or qualifications to anyone in order to start trading. But, how do you get started?

Where do you go to access the financial markets and make your trades? The answer to these questions lies in the services of an online broker. Indeed, just like these brokerages were part of the traditional trading activities, they have transitioned to the digital space as well. You need their services when you want to trade in the financial markets online. Hence, people turn to Google because that’s how you search for the options available and pick the one you deem suitable. The problem is the staggering number of companies you will find, with every single one of them promising to be the best.

Most people become very confused and abandon the idea of trading altogether, missing out on opportunities. Some make a random choice and then end up struggling because it doesn’t turn out to be the right fit for them. You could do this with several companies until you find one you can stick with, but you have to keep in mind that not only is it a waste of time, it can also cause you monetary losses. If the broker doesn’t have the right features and tools, you will find it difficult to make good decisions and can lose your capital.

How To Get Your Money Back?

Get your money back from any scam broker!
Fill in the contact form on the page in this link and you will get the help you need in order to recover your stolen money! You will be guided through the whole refund process by the customer support of a recommended scam recovery service after which a case will be opened for you by a personal case manager.

FinuTrade website

Also, you will miss out on lots of potentially profitable trades while you are switching companies. This is something no one wants to face, particularly when they are in it to make maximum profits. So, how do you avoid all this hassle? Most companies appear similar and you cannot possibly sign up with all of them, so the best way to make your decision is to figure out what distinguishes one from the rest. You can apply this when you come across FinuTrade, a broker that was founded by MarCo Global Properties LTD, which is operating out of the Marshall Islands.

According to FinuTrade, their goal is to enable their clients in trading efficiently and safely, while tapping into the opportunities in the financial markets. Whether you are a retail trader, or an investor, they claim to fulfill your needs through state-of-the-art brokerage services. Even though FinuTrade has only been around since 2017, it has managed to surpass the popularity of many older platforms and this is because of its dedication and efforts. So, what makes them different from the others? Read this review to find out:

Broker FinuTrade
Trading Accounts Three Account Types; Silver, Gold and Platinum
Minimum Deposit $250
Assets Coverage Forex currency pairs, Stocks, Cryptocurrencies, Indices and Commodities
Trading Tools Trading Indicators, Trading Calendar, Calculator, Signals, Live Charts, Technical Analysis Tools and Reports, Price Alerts, Market Research, Economic Calendar, Financial News and Risk Management Tools
Education and Training Yes; e-books, online video courses, webinars, seminars, tutorials, in-depth research and glossary.
Customer Support 24/5 support via email address, phone number, live chat and online contact form. An FAQ section is also available.
Security Policy KYC (Know Your Customer) and AML (Anti-Money Laundering)
Parent Company MarCo Global Projects LTD

100 tradeable assets

If there is one feature that has helped FinuTrade in standing out in the crowd, it is the 100 or so tradeable assets they are offering to their clients. Who doesn’t want to diversify their investment portfolio? Even a novice is aware that diversification is key for minimizing your trading risks, which are significant due to the volatility of the financial markets. When you spread out your investment across different markets, you can balance your risks because the gains in one can offset the losses in another, allowing you to make the most profits in the long run.

In addition, a quick look at the list of trading instruments at FinuTrade indicate that they give their clients access to some of the biggest and most profitable financial markets in the world. This is another advantage because it ensures that you will be on course to achieve your financial trading goals in the shortest span of time. Even if you want to start out with just one market or instrument, you can do so and later have the option of spreading out when you are comfortable. This actually saves you from having to change brokers later on, or opening another trading account with a different one since it is not very practical.

When you have everything in one place, it becomes easier to explore the opportunities the financial markets have to offer and get closer to your goals. Check out what options you will have to trade when you choose FinuTrade as your broker:

Forex currency pairs: The daily trading volume of the foreign currency market is higher than $5 trillion, which means its volatility provides numerous trading opportunities to people. There are plenty of fiat currency pairs to be found, including major, minor and even exotic ones. You can choose from EUR/USD, NZD/AUD, GBP/USD, USD/CAD, USD/JPY and EUR/GBP.

Cryptocurrency: One of the most popular financial markets these days is the cryptocurrency market, which is making a lot of headlines due to its extremely high volatility. These digital currencies have drawn a lot of attention from traders and investors globally, so FinuTrade have added some notable names to their offerings. These include Bitcoin, Litecoin, Tether, Ethereuem, Dogecoin, Ripple, NEO, Monero and Bitcoin Cash.

Stock: A financial market that has always been associated with the world of trading is the stock market. Many people have made their fortunes through this market because it gives people the opportunity of trading stocks of some of the top companies in the world. You will be able to choose from names like Amazon, eBay, Google, Apple, Sony, Alibaba, Goldman Sachs, JPMorgan, Pfizer and more.

Indices: If you are an investor who looks at the big picture and is interested in lucrative opportunities, the indices market is the one to explore. Some of the top global indices have been added by FinuTrade to their asset list and these include NASDAQ 100, FTSE 100, S&P 500, CAC 40 and Nikkei 225.

FinuTrade tradeable assets

Commodities: Traders who have a low risk tolerance, or are looking for instruments to balance their portfolio, will find the commodity market to be a perfect fit. There are a wide range of commodities that can be found at FinuTrade and these belong to different categories, like hard and soft. The former refers to precious metals like gold and silver, while the latter comprises of agricultural products like wheat, sugar, coffee and cotton. You can also choose from energy commodities like natural gas and crude oil.

The MT4 trading platform and more

It is true that the assets you can trade via a broker play a very crucial role in your decision, but you shouldn’t choose a company based on their tradeable assets alone. Next to the assets, the most vital feature that has to be considered is their trading platform, which is the feature that people engage with the most when they are using their services. This is basically the software that you are given for accessing the financial market of your choice, opening and closing trades and for using trading tools that help during the process.

You will come across complaints by many traders about brokers that don’t offer a robust trading platform. If it lags or breaks down, it can affect your trading performance because you will not be able to trade promptly and this results in losses. In case there aren’t appropriate trading tools available, you will not be able to make good and wise decisions either. Thus, a capable and modern trading platform is a must and this is another area where FinuTrade has distinguished itself quite well. Rather than providing a single solution to their clients, they have given them the option to choose from several, thereby ensuring that everyone can find a platform that can meet their needs.

As long as you have an internet connection, you can access a trading platform on any device at your disposal. More than 200,000 traders all around the globe are using one of the FinuTrade’ offerings to trade in the financial markets. First off, you will find a WebTrader, which is a platform you can access via the browser and does not need to be downloaded or installed on any device. It is simple and easy to navigate, thanks to its user-friendly features and a customizable dashboard.

You can also find a desktop-based platform provided by FinuTrade and this is one of the best ones that exist in the financial market; the MetaTrader4. The MT4 trading platform is renowned all over the globe and is a favorite of all professional traders because of it use of advanced and cutting-edge technology that enables it to offer fast trade execution, along with one-click trading features. You can also take advantage of EAs (Expert Advisors) for building your own trading system. The platform is available for both Mac and Windows devices, so you can download it according to your preference.

Other than these two options, you will find that FinuTrade has also added mobile trading apps that can be downloaded on both Android and iOS devices. You can get notifications and alerts on your smartphone or tablets, no matter where you are and be able to tap into any price movements that appear favorable. This allows you to trade on the move and always be in control of your trading account. A multitude of trading tools have also been added to each of these platforms to help traders in making the most of their trading journey.

You will have access to a complete range of technical analysis tools, and you can also find various risk management tools that can minimize your risks. An economic calendar has also been developed by FinuTrade for helping their clients in remaining up-to-date about important events and highlights in the financial markets. You can also find trading signals, custom indicators, advanced charts in several time frames, graphs, price alerts as well as the latest market news updates.

Safety of funds and data

No matter how good the asset index, or trading platform of a broker may be, it would be moot if you are not provided with the right security. There are cybersecurity risks that you have to face when you are trading online and these need to be mitigated in the best possible way for you to be able to focus on your trading. You have to share your personal and financial details with a brokerage and also deposit your money, both of which can be stolen by cybercriminals and used for illegal activities. Subsequently, you should ensure that the company you are trusting can provide safety of funds and data.

The security at FinuTrade can reassure you because they have been very proactive in this area. They understand the importance of maintaining the integrity of their clients’ sensitive information, along with their hard-earned money. They do the former by using SSL (Secure Socket Layer) technology for monitoring and encrypting website traffic and full-data encryption for protecting all data they accumulate. Even if their system is compromised, no one will be able to use the data because it will be encrypted.

As far as the safety of your funds is concerned, you should know that FinuTrade uses the services of the top and most reputable banks for keeping them. This minimizes the risk of theft because it will be difficult for anyone to gain access to them. Moreover, they also follow customer account segregation rules, which means all accounts are kept separate from the company’s own books. This ensures that no one can misappropriate your funds and you will only use them for trading activities and nothing else. Apart from these measures, a Privacy Policy is also given to tell you what information is taken and how.

You will also discover that FinuTrade is compliant with AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies. These internationally-used security policies are very effective in deterring criminal activities because anyone who opens and account with the broker has to provide proof of ID and proof of address. This means they have to submit a driving license, national ID card issued by the government, or an international passport. It has to be valid and should show your picture and name clearly. This is good for proof of identity.

Proof of residence can be given by sharing a utility bill like electricity, gas and water, or a bank statement, showing your name and address and not more than three months old. No fake accounts can be created on FinuTrade due to these requirements. Plus, this effectively reduces the chance of identity theft, financial fraud and money laundering.

Simple and straightforward registration

How do you sign up for any online service? There is a process for registering on their platform and this is no different in the case of an online broker. You will first need to register yourself with them before you can use their services, but how you do it can vary. There are no rules applicable here, which means companies can come up with their own procedure, as they deem fit. This is another area where traders have had some complaints because some companies tend to add numerous prerequisites and traders have to jump through a lot of hoops to register.

Of course, this is something you want to skip at all costs and just want to complete the process quickly. This is how FinuTrade distinguishes itself yet again because they have a simple and straightforward registration process. You don’t have to worry about any complications whatsoever because they only ask you to fill a form given on their website. There is no extensive paperwork involved and this is definitely an advantage. The form itself is very short and ask for simple details that you can enter within a couple of minutes.

These include name, surname, email, country and phone number. You will find that FinuTrade supports five languages in order to welcome traders from different areas of the globe and you can choose one that you are comfortable with. These choices include English, Russian, Polish, Spanish and German. You have to be 18 years old and not a resident of the United States. The final step is to agree with the Terms & Conditions that have been mentioned on the broker’s website.

Three trading account choices

You cannot start trading just yet because you have to open an account with FinuTrade first. Account choices are usually developed because not every trader has the same risk tolerance, trading style, or capital, and the choices help them select the account they can use comfortably and achieve their goals with it. The same strategy has been used here as well, as you will find three trading account choices, each of which are aimed at a specific type of trader. The account choices can be differentiated on the basis of the leverage they offer to their clients. Let’s take a look:

Account 1: The first account is known as Silver and FinuTrade has developed this for beginner traders with minimal or no trading experience. The leverage offered in this account varies for every financial market, starting with 1:200 for the foreign currency market and 1:50 for precious metals like gold and silver, commodities and indices. Equities/stocks get leverage of 1:20.

Account 2: The second account is named Gold and this choice at FinuTrade is for intermediate traders, so they get a bit higher leverage than in the previous account. It begins at 1:300 for the foreign currency market and increases to 1:100 for commodities, indices and precious metals like gold and silver. As for equities/stocks, the leverage goes up to 1:40.

Account 3: The third account that you will find on FinuTrade is named Platinum and this one is for professional and skilled traders. Consequently, it offers the highest possible leverage to the users, starting with 1:400 that’s given for the foreign currency market. As for precious metals, including gold and silver, indices and commodities, the leverage is 1:125. Stocks/equities are given a leverage of 1:50 in this account choice.

Other than leverage, account features that FinuTrade offers include news alerts, free VPS, fifth decimal, support for hedging, customer care, webinars and videos and a dedicated account manager. They also offer an Islamic account to Muslim traders, which is interest-free. The Gold and Platinum accounts are also given swap discounts of 25% and 50%, respectively.

The Final Decision

Along with these features, you will also find top-notch customer support available at FinuTrade through numerous channels, educational resources that can be very useful, a range of payment options and transparent and tight spreads that can help you in making the most of your trading experience.

How To Get Your Money Back?

Get your money back from any scam broker!
Fill in the contact form on the page in this link and you will get the help you need in order to recover your stolen money! You will be guided through the whole refund process by the customer support of a recommended scam recovery service after which a case will be opened for you by a personal case manager.