Fine XO: reviews and profiles
Finexo company was founded in 2003 by a group of professionals in the global financial sector. The purpose of the base was a union willing to invest and earn profit from trading in the Forex market. Today Finexo is one the fastest growing online brokers in the Forex market. In 2004, the company became Whıte Label Saxo-Bank. The company is committed to providing its customers with the output and simple terms of trade. Traders company offers information from the world's leading banks. The opportunity to monitor the traders account online 24 hours a day. The company offers the privacy of customer information, and their contributions. Brokerage Firm Finexo has liquid funds to cover deposits and is fair trade.
Since March 2010, the website of the Cyprus Finexo owned investment company SafeCap Investments Limited. The minimum deposit in the company is 100 euros.
Fine XO company has branches:
- Germany;
- UK;
- Spain;
- France.
License Fine XO:
Headquartered in Cyprus alresu: Treppides Tower, 6th Floor Kafkasou 9, Aglantzia; POBox 26522, CY 2112, Nicosia, Cyprus. Finexo registered company in Cyprus, in the area of offshore jurisdictions. Finexo owned SafeCap Investment Limited and operates under its control. SafeCap Investment Limited is regulated by the Securities and Exchange Commission of Cyprus (CySEC) with license number 092/08. Thus, the company adheres to a strict compliance with the rules in the financial activities of companies under its control. SafeCap company is licensed and operating under the provisions of the Directive on markets in financial instruments (MiFID) - European Union law, which regulates the provision of investment services in the 30 member states of the European Economic Area.
SafeCap Company is licensed FSA (Financial Services Authority), registration number 507,880. The company is also registered with the BaFin (Germany), is licensed CNMV (regulator of stock markets in Spain), is regulated in Italy, CONSOB, as well as in the Netherlands AFM (The Netherlands Authority For The Financial Markets).
| Position | Paragraphs | Points |
| League | League 2 | | | Year of creation | 2003 | 105 | | Regulators | AFM - 10
BaFin - 10
CySEC - 30
MIFID - 30
FSA - 70
| 150 | | Broker Awards | | 0 | | Local Branches | 0 | 0 | | Branches worldwide | 4 | 8 | | PR in the media | 0 | 0 | | Rating vote Rector Masterforex-V Academy | 0.00 | 0.00 | | Rating vote Academy students Masterforex-V | 0.00 | 0.00 | | Rating vote of Internet users | 0.00 | 0.00 | | The number of positive reviews online traders | 0 | 0 | | Number of non-payment of profit traders | 0 | 0 | | Number of traders claims | 0 | 0 | | Spread EUR / USD | 3.00 | 2 | | Spread GBP / USD | 4.00 | 0 | | Spread USD / CHF | 4.00 | 0 | | Spread EUR / GBP | 4.00 | 0 | | Spread GBP / JPY | 7.00 | 2 | | Traders contests, monthly prize ($ 1,000 = 1 point) | 0.0 | 0.0 |
| General points: | | 267.00 |
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To work to its customers the company offers the following trading platforms:
- MetaTrader 4;
- Finexo WebTrader;
- MT4 Mobile Trader;
- Mobile Platform Features;
- Finexo MobileTrader;
- Finexo AutoTrader.
Education forex and stock trading :
- Finexo company provides individual investors with training and advice. On the Web site there are tutorials and books. Also, customers can go through the process of training in the form of on-line webinars.
- When registering a welcome bonus from 50 - 200 euros.
- Information about the competitions on the website available.
Trading instruments and brokerage Fine XO:
- 47 Forex currency pairs;
- Gold and silver;
- OIL;
- Index;
- SHARES;
- Commodities;
- BONDS.
Trading conditions of Fine XO:
- Minimum deposit of 100 Euros;
- Fixed and floating spreads from 2 pips
- Free market reports;
- Minimum lot size - 0.1 lot;
- Immediate execution;
- Leverage up to 1:200;
- The rollover long and short positions;
- Robust support for sales department;
- Scalping is not allowed;
- Hedging is not allowed;
- Education and bonuses;
- Deposit and withdrawal of funds via:
- Fast Wire Transfer;
- Liberty Reserve;
- WebMoney; 4
- Credit / Debit card;
- Bank transfer;
- Moneta.
The company offers customers to open a demonstration account, and the real ones:
- Mini account (from 100 euros);
- Standard Account (2000 Euro);
- Platinum Account (10,000 EUR);
- Account VIP (10,000 euros).
Advantages of:
- convenient web-based platform;
- good bonuses to lure customers;
- competent Support
Disadvantages of:
- The terminal is not adequate for proper analysis;
- Often the terminal tends to hang;
The presence of the "black list brokers":
- Blacklisted forex broker company Finexo not seen. Non-payment of profit facts weren’t found.
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Voting and feedback traders in the forex broker rating Company Fine XO:
- students at Masterforex-V Academy
- Internet users
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