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Finam

7/10 (votes 100)

On-line since 2012
Country of origin Russia
Regulation Cyprus Securities and Exchange Commission (CySEC)
Payment options WebMoney, wire transfer, credit/debit cards
Minimum account size $10
Minimum lot size 0.01 lots
Leverage up to 1:500
Spreads from 1 pip
FINAM is a popular and widely recognized Russian brand that belongs to Finam Holdings. Finam Investment Company is one of the oldest participants of the foreign exchange market in Russia as the history of this financial holding started over 15 years ago. The brokerage company can boast an impressive trading turnover on the Russian stock market. According to experts’ estimates, FINAM controls 18% of the country’s brokerage market and takes the lead in stock market turnover among other Russian investment brands.
The company considers high-quality customer service its top priority. FINAM was proud to receive several prestigious awards including the Financial Elite of Russia award. Moreover, the broker was recognized as the most customer-focused organization operating in the currency exchange sector. FINAM’s branch offices can be found in 90 Russian cities.
FINAM is a member of NASDAQ, the US electronic stock exchange. It has representative offices in the United States and the European Union as well as the largest countries of Southeast Asia. The broker facilitates trading operations with Russian securities conducted by Japanese and Chinese investors.
The brokerage company provides its clients with a wide selection of trading platforms including QUIK, MetaTrader 4, MetaTrader 5, Multi Exchange, FinamTrade, Transaq, HFT, Livetrade Professional, and Volfix.
Author of Finam review: Ricky. Date and time of Finam review: 2018-06-16 06:13:48
I had a friend reach out to me on finam crypto side and she. Asking for a withdrawal it was a struggle the second time after investing over 40k I was told all the company could do was 15k after sent i told finam (Raymond fortson) that we wanted to see full amount he lost it took $97,000 and blocked me so I could not communicate with him this is %100 a scam I have all the proof in the world please reach out to me before using this company kuhrricky@gmail.com
Author of Finam review: anwar Vh. Date and time of Finam review: 2016-08-25 03:27:25
My orders were cancelled today! Had to review my trading history to know the reason behind this and I am also expecting their end that they'll investigate this matter otherwise I will withdraw my deposits and close my accounts.
Author of Finam review: fxtosin. Date and time of Finam review: 2016-08-09 16:22:43
I don't recommend this broker at all, the charge for minimal account is just too high, their platform is too difficult ,and very bad when it comes to execution . They are totally unprofessional.
Author of Finam review: Cahill. Date and time of Finam review: 2016-08-09 15:03:27
Personally, I don’t like it, when brokers mess up with trader’s accounts and then don’t explain what and why happened. Plus the whole service was not running smooth. I won’t be depositing more money here.
Author of Finam review: Sobechi. Date and time of Finam review: 2016-07-21 01:07:06
when you are trading with bonus they will disconnect your paltform many times,when you do compounding or anything else which make you gain much profit they will cancel your profit.
Author of Finam review: pipcupcupap. Date and time of Finam review: 2016-06-24 02:29:42
Finam have made me disappointed because my request to profit withdrawal was no response at all. I also tried to contact their support department but there was no response too, either through email or through call center, they seem didn't helped me to withdraw or at least provide a solution to me what should I do.
Author of Finam review: Kronos12. Date and time of Finam review: 2016-06-14 04:22:12
I've been using Finam for quite a while. Spreads are somewhat tight but taking into consideration the poor execution of the trades. Terrible slippage issues because their feeds are delayed and by the time the trade gets executed, it’s too late. Their server is too leggy. Support isn't always the best.
Author of Finam review: Salafo. Date and time of Finam review: 2016-06-13 20:55:11
Their website has useful news and iunfortmation for traders, for now I am using a demo account, but I think their deposit is very afforable, And downloaded their MT4, spreads supposedly are low. Till now nothing to say about them.
Author of Finam review: ofrail_dren. Date and time of Finam review: 2016-06-10 03:32:34
To those who want to open an account with this company, I suggest you to please do some research. I was deceived by them, the staff told me that I can get rebates when I referred more clients. I referred more than 15 clients and suddenly, they disabled my account. It was closed without any explanations.
Author of Finam review: fxberpaling. Date and time of Finam review: 2016-06-09 07:42:24
I joined finam few months ago. Their customer service is good, but their trading system VT Trader connection drop every 3 minutes. They have recently published MetaTrader4 but it’s used margin is high in compared with other company. So they need developing their system .
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