Finveo Review 2022
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| Finveo is a regulated online broker with ZuluTrade social trading features, educational libraries and the ever-popular MT4 and MT5 platforms. | ||
Finveo is broker that offers traders CFD, Forex, Cryptocurrency and Stocks. With Finveo traders can use both the MetaTrader4 and MetaTrader5 platforms.
In terms of features offered to traders, Finveo has Demo Accounts, Social Trading and Auto Trading but is missing Islamic Accounts and Signals.
Finveo also gives traders access to 5 cryptocurrencies: BTC, BCH, ETH, XRP and LTC.
Finveo 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.
Finveo Summary
Finveo is a regulated online broker with ZuluTrade social trading features, educational libraries and the ever-popular MT4 and MT5 platforms.
Ratings
| Bonus | None |
|---|---|
| Instruments | CFD, Forex, Crypto, Stocks |
| Demo Account | ✓ |
| Min. Deposit | $100 |
| Min. Trade | 0.01 lots |
| Regulated By | CMA |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✓ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✓ |
| Mobile Apps | iOS & Android |
| Auto Trading | ✓ |
| Trade Signals | ✗ |
| Social Trading | ✓ |
| Copy Trading | ✓ |
| Islamic Account | ✗ |
CFD Trading
Finveo clients can trade a variety of contracts for difference, encompassing commodities, forex, indices, equities and cryptos.
| Leverage | 1:500 |
|---|---|
| FTSE Spread | Variable |
| GBPUSD Spread | Variable |
| Oil Spread | Variable |
| Stocks Spread | Variable |
Forex Trading
Finveo clients that wish to speculate on the currency markets may do so through more than 60 forex pairs, including major, minor and exotic couplings.
| GBPUSD Spread | Variable |
|---|---|
| EURUSD Spread | Variable |
| EURGBP Spread | Variable |
| Assets | 60 |
Cryptocurrency Trading
Finveo boasts a variety of cryptocurrency CFDs that can be traded on MT4 and MT5 with leverage to speculate on the performance of different digital tokens.
| Spread | Variable |
|---|---|
| Coins | BTC, BCH, ETH, XRP, LTC |
Payment Methods
Finveo accepts the following payment methods:
- Wire Transfer
- Debit Card
- Credit Card
- Neteller
- Skrill
FAQ
Is Finveo Safe?
In our review we gave Finveo 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 Finveo is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.
Does Finveo Accept PayPal?
No, Finveo does not accept PayPal payments.
Is Finveo Halal?
Probably not, as Finveo does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.
What trading platforms does Finveo support?
With Finveo you can trade on 2 different platforms: MetaTrader 4 and MetaTrader 5.
Is Finveo Regulated?
Yes, Finveo is regulated by CMA.
The fact that Finveo 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.
Finveo vs Other Brokers
If you want to compare Finveo with other brokers, use the detailed comparisons below.
Finveo vs |
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| Finveo is a regulated online broker with ZuluTrade social trading features, educational libraries and the ever-popular MT4 and MT5 platforms. | ||