Finotrade Review 2021
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| Start trading forex and CFD products on the MetaTrader 4 platform at Finotrade. | ||
Finotrade is broker that gives traders access to Forex, CFDs, indices, commodities. Finotrade allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.
In terms of features offered to traders, Finotrade has Demo Accounts, Islamic Accounts, Signals and Auto Trading but is missing Social Trading.
Finotrade is regulated by the FCA here in the UK. The FCA is known to be a strong and dependable regulator, which should reassure traders that their funds are safe.
Finotrade Summary
Start trading forex and CFD products on the MetaTrader 4 platform at Finotrade.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, CFDs, indices, commodities |
| Demo Account | ✓ |
| Min. Deposit | $1,000 |
| Min. Trade | 0.01 lots |
| Regulated By | FCA |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✗ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | ✓ |
| Auto Trading | Yes (EAs) |
| Trade Signals | ✓ |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✓ |
CFD Trading
Buy and sell on the financial markets with Finotrade CFDs.
| Leverage | 1:30 |
|---|---|
| FTSE Spread | Floating |
| GBPUSD Spread | Floating |
| Oil Spread | Floating |
| Stocks Spread | Floating |
Forex Trading
Trade currencies from around world with floating spreads.
| GBPUSD Spread | Floating |
|---|---|
| EURUSD Spread | Floating |
| EURGBP Spread | Floating |
| Assets | 34 |
Payment Methods
Finotrade accepts the following payment methods:
- Wire Transfer
- UnionPay
- SafeCharge
FAQ
Is Finotrade Safe?
Yes, most likely, as we gave Finotrade a trust score of 70% in our review. The main positive factor in this score is that Finotrade is regulated by our own FCA here in the UK. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does Finotrade Accept PayPal?
No, Finotrade does not accept PayPal payments.
Is Finotrade Halal?
Yes, Finotrade does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does Finotrade support?
Finotrade only supports the MetaTrader 4 trading platform at this time.
Is Finotrade Regulated?
Yes, Finotrade is regulated by FCA. Being regulated by the FCA is the best possible case for UK traders.
Finotrade vs Other Brokers
If you want to compare Finotrade with other brokers, use the detailed comparisons below.
- Ayondo vs Finotrade
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- eToro vs Finotrade
- Finotrade vs 12Trader
- Finotrade vs CrescoFX
- Finotrade vs Gemini
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| Start trading forex and CFD products on the MetaTrader 4 platform at Finotrade. | ||