Finexo Review 2021

Finexo is a multi-asset online broker regulated by the CySEC.

Finexo is broker that offers traders Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds. Finexo allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

In terms of features offered to traders, Finexo has Demo Accounts, Islamic Accounts, Signals and Auto Trading but is missing Social Trading.

Finexo also gives traders access to 4 cryptocurrencies: BTC, LTC, ETH and DASH.

Finexo is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

Finexo Summary

Finexo is a multi-asset online broker regulated by the CySEC.

Ratings

30%
Trust
83%
Instruments
71%
Features
BonusNone
InstrumentsForex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds
Demo Account
Min. Deposit$100
Min. Trade0.01 lots
Regulated ByCySEC
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Trade online CFDs across multiple markets with up to 1:30 leverage.

Leverage1:30
FTSE Spread2
GBPUSD Spread3
Oil Spread0.05
Stocks SpreadVairable

Forex Trading

Trade major, minor and exotic FX pairs.

GBPUSD Spread3
EURUSD Spread3
EURGBP Spread4
Assets55+

Cryptocurrency Trading

Go long and short on cryptocurrency coins.

SpreadVariable
CoinsBTC, LTC, ETH, DASH

Binary Options Trading

Payout Percent

Payment Methods

Finexo accepts the following payment methods:

  • Neteller
  • Skrill
  • Visa
Risk Warning – Your capital is at risk

FAQ

Is Finexo Safe?

In our review we gave Finexo a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that Finexo is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does Finexo Accept PayPal?

No, Finexo does not accept PayPal payments.

Is Finexo Halal?

Yes, Finexo does offer an Islamic trading account and should thus be Halal to trade with.

What trading platforms does Finexo support?

Finexo only supports the MetaTrader 4 trading platform at this time.

Is Finexo Regulated?

Yes, Finexo is regulated by CySEC.

The fact that Finexo is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.

Finexo vs Other Brokers

If you want to compare Finexo with other brokers, use the detailed comparisons below.

Finexo vs
Finexo is a multi-asset online broker regulated by the CySEC.