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This web resource is meant for accomplished traders who are interested in changing their broker and also beginners who are in search of their first broker. Every visitor to ForexRating can compare forex brokers available in the market nowadays and choose the best company to suit their needs. Apart from a comparative analysis of forex brokers, the web resource contains an honest rating of forex brokers which are ranked entirely on the grounds of your votes. By ForexRating, you can judge a degree of trust that traders put in a particular forex broker.

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Finotec reviews

6/10 (votes 2895)

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On-line since: 2001
Country of origin: United Kingdom
Regulation: FCA
Payment options: wire transfer, Visa, MasterCard, WebMoney, PayPal, CreditCard
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: from 1:200
Spreads: from 3 pips

Finotec is a branch of FinotecTradingInc established in 1998 in the United Kingdom. In 2001, the company’s specialists developed the Finotec trading platform that allows corporate clients and individuals to enter the global currency market. Finotec is one of the first companies that provided online trading. Thanks to the Finotec platform, traders can see tables and forex rates as well as open deals and monitor open positions. Software is available in eleven languages, including English, French, German, Spanish, Portuguese, Arabic, Turkish, Polish, Chinese, Russian, and Hebrew. The broker’s clients can trade options, CFDs, and stocks.

Finotec has the following advantages:

three types of trading accounts;
the lowest and commission free spreads on most currency pairs;
ZuluTrade;
SMS notification of the market situation;
special trading platform Finotec.

If you have already worked with Finotec, do not hesitate to leave your feedback. Your comments will help other traders choose a reliable broker.

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Comments about broker

Surra trader

review Finotec

11-01-22

In my opinion, I do not recommend Finotec broker because of their poor systems which offered to their clients. Their server had many re-quotes during the trading time and placing orders. Thus my trades were delayed in traffic time. Moreover, the trading platform was not good and unstable. Sometimes, it was crashed and froze. I also have accepted some drastic movement of spreads but the slippage that is almost 30 pips is unreasonable.

Jayya trader

review Finotec

22-04-21

Trading with Finotec is suffering for me now. For two months, all their trading conditions have been changes. Their platform is shaky and unstable, and the platform started delay to execute my orders. I always got a different position when I was about to close the mining position. Their SL and TP also not working properly, and once I got lose because of their SL was error. I don't think trading with them is still productive, so I decided to close my account at this broker.

Larra trader

review Finotec

09-04-21

The overall trading experience at Finotec is okay. Basically, I am earning decently despite some issues. I am not a fan of their ZuluTrade. It is difficult to operate and there are tremendous delays in the charts.

Jishan trader

review Finotec

26-01-21

I have positive impressions with Ifinotec platform so far! although I've found a profitable trading life on their platform ion the MT4 platform, besides their low spread, live price chart, solid order execution, advanced tools and social trading platform give me the happiest trading experience in the market. Finotec has the fastest withdrawal service. So I would like to say that Finotec is the best trading platform for me.

Sarah trader

review Finotec

08-06-17

One of the best brokers that I've been trading with. I am from UK and Finotec is getting more popular here because of their reliable services. All their services have a very good trading conditions, especially the trading competition. I won from one of the trading contests, and the profit was credited to my account #57XXX6. Though, it requires every participant to pay a participation fee, but it's not a problem for me the contest is really worth it. It improves my trading skills and adds more money in my pocket. Thanks to Finotec.

Diclaim

Trading in the foreign exchange market and using leverage involve considerable risks and may cause a partial or complete loss of funds.

Make sure you possess sufficient skills and experience for this activity and are aware of possible risks.

Finotec reviews

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