Finexo Review |
Finexo, established in 2003, brings to the online Forex market one of the most critically acclaimed and award winning trading platforms in the industry. With one of the largest reaches in the Forex market, broadcasting in fourteen languages, Finexo offers all of their customers a wide range of services such as Instant SMS updates on breaking news, PDA enabled trading and 24-hour customer support.
Finexo provides real-time trading services to Professional Traders as well as private individuals with little or no experience. It markets online Forex Trading, Forex Options, CFDs on stocks and indices, Stocks and Futures, while providing 24/7 client support.
Depositing and withdrawing funds are made simple and easy, giving a choice of depositing methods such as Credit Cards and Wire Transfers along with online transfer mechanisms such as Paypal, MoneyBookers and Liberty Reserve.
Finexo enables you to trade from your computer and also from your iPhone and Blackberry. They are a one-stop-shop solution for virtually all the online traded instruments in the world using a single trading platform, using the most advanced online trading technology available, constant market updates and supports many languages.
There are no commissions on most instruments except the bid/offer spread that you see on your screen, giving you continuous, cheap, real-time prices.
Finexo now has a promotion by offering everyone an opportunity to take part in the online Forex trading by providing a 10% bonus on initial deposits.
Name: Finexo
Established: 2003
Instant SMS updates on breaking news direcly to your phone
No demo account
Website: www.finexo.com
Platform: web-based
No MetaTrader 4 platform
Located: Germany
$25 deposit to open account
Accepted Deposits:
Credit Card, Wire Transfer, PayPal, Liberty Reserve, MoneyBookers
Pips: as low as 3
Languages Supported: English, Arabic, Turkish, French, Dutch, German, Chinese, Russian, Portugese, Indonesian, Japanese, Hungarian, Spanish
Maximum Leverage: 200:1
The ForexTrader platform enables the trader to follow their portfolio’s progress in real-time, 24 hours a day, either via the internet, cellular phone or Finexo’s dealing room.
Finexo’s web-based platform
Finexo allows customers to begin to trade immediately and because there is no download, a user can trade from any computer using their secure login name and password. The flexibility that this offers is vital when trading as you can close open positions and capitalize on braking market news from wherever you are.
Is it Safe to Invest with Finexo?
Finexo is a white label of Saxo Bank which means they are under the watch of the European Union Forex regulatory agency. The laws governing those under the agency’s watch require that there needs to be enough capital in their reserves and that a strict set of rules regarding the intake and execution of trades must be followed. For customers, this means that their funds are safe and that their trades are conducted fairly.
A minimum of just $25 is needed to begin trading.
Customer service
Customer service is open during trading hours and the reps are very helpful and knowledgeable. Another useful tool available is the online chat, which is extremely useful for quick answers to problems.
Who is Finexo’s target market?
It is Finexo’s belief that the market is not just for institutional and experienced traders, but that everyday investors should have the same kind of access, and to the same kind of analysis and trading tools. With that, Finexo set out to introduce the inexperienced investor to the world of currency trading. Through a series of educational tools and a highly trained staff that is made up of some of the most experienced Forex traders, Finexo is working towards expanding the awareness of the Forex Market to everyone.
The Final Verdict
Finexo is dedicated to ensure that each of their customers has the information needed to succeed at currency trading. Having the number one rated trading platform, three years in a row is a big step towards that goal. The software has been named the best platform three years in a row by FX week, best Forex service provider by EuroMoney two years in a row and Forex provider of the year by World Finance. We really liked the video tutorials offered and the live Forex webinars. This site is perfect for the beginner Forex investor.
The platform is user-friendly and easy to learn.
Click here to open an account with Finexo >>
About the author: DayTradeListings.com
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