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Independent rating of Forex broker FinFX

3/10 (votes 100)

On-line since
since 2010
Country of origin
Finland
Regulation
CySEC, FSA
Payment options
wire transfer, payment cards
Minimum account size
$100
Minimum lot size
0.01
Leverage
1:200
Spreads
from 0 pips
FinFX is a Finnish ECN/DMA brokerage company providing access to online foreign currency trading. Unlike most other brokers, FinFX is headquartered in Europe and acts in accordance with the laws of Finland and the European Union.
In order to expand trading opportunities and make working in the Forex market as efficient and convenient as possible, the company offers traders the platforms MetaTrader 4, MetaTrader Mobile and FIX API for trading popular currency pairs and spot commodities in the Forex market.
You can open four types of accounts with FinFX: a micro account for beginners, an ECN account for professionals, an ECN Pro account for traders looking to use scalping strategies, and a ZULUTRADE account for traders using expert advisors and trading signals right in the platform.
All orders are executed in the market and are referred to the world’s largest banks through Integral Multi Bank FX Grid. That way traders get high liquidity, low spreads and reliable execution. Besides, FinFX, together with BeeksFX, offers its customers free VPS hosting.
FinFX cooperates with the automated trading system Currensee Trade Leaders that makes it possible to follow and copy successful traders’ operations.
To ensure maximum security of customers’ funds, FinFX collaborates with Scandinavian bank Nordea, one of the world’s largest credit institutions.
Learn about the company’s pros and cons from the reviews on FinFX. Please rate the quality of the broker’s services and help us create an objective rating.

Comments

Author: FxJullian Date: 2022-06-23 06:22:16 (UTC+3)
I have had very bad trading experiences with FinFX broker. They have irrelevant analyses and also slow orders execution, which does not make much of a difference on long time frames, but on shorter ones, you can actually lose a lot of money. Their technical support also lacks knowledge about the market processes. FinFX is not a reliable broker, the worst part is they didn't set my withdrawal of $250 since 2 weeks. I think FinFX is scam.
Author: Julian Date: 2022-02-11 06:52:57 (UTC+3)
My trading conditions with FinFX are currently not good. Problems always occur, but they don't have ideas to overcome them. They are so ignorant. Three weeks ago, I lost some of my money. I have often suffered losses, but I still stick with this broker stupidly. Until I closed my account at this broker. I have to find another broker, which is better than this broker. And I don't recommend this broker to traders. They are not a good broker.
Author: SindhuFX Date: 2021-10-22 03:00:12 (UTC+3)
FinFX is not a reliable broker when it comes to withdrawals. From my trading experience, my withdrawal has been pending almost 3 weeks using OKPAY. I made a withdrawal of $400 using OKPAY on October 1st but then until now, the request is still pending. I don't get any feedback from FinFX because I've made a report to their finance department after a week pending for withdrawal. They said I've to wait another 3 working days for them to solve the problem, but it seems like it is just a word to make me silent and keep asking about my money. FinFX should not take this matter as a small matter because if they didn't solve my small amount withdrawal, how do they manage bigger requests than me? I have already lost my trust in using this broker's services.
Author: Corihom Date: 2021-09-17 05:17:30 (UTC+3)
When I had an account at FinFX, the experience was terrible. Their platform malfunctioned all the time and the spreads were not narrow at all. In the end, I just had to close the account before I lose all the money I invested.
Author: Priya Date: 2021-06-18 06:30:18 (UTC+3)
I'm still facing withdrawal problem with FinFX. Three months ago, I make deposit of $875, and during these three months I made around $500 profits. Also, end of the last month when I asked for withdrawal of $300 they blocked my account saying that the account has been blocked because of unusual activity. till now, I am unable to withdrawal my funds from this broker, and support don't response me.
Author: Catanyu Date: 2021-05-27 08:09:35 (UTC+3)
I am having troubles with the payment system of FinFX. Aside from the fact that their payment options are limited, they also have an inefficient system. For some reason, the transfer of my funds is always delayed. The longest that it has been delayed is a week.
Author: Tabitha Date: 2021-02-18 02:11:08 (UTC+3)
FinFX is the most unreliable and scam broker I have ever used. For the past three months I've used them, I have not made any tangible withdrawal. I see manipulated prices, I try to scalp but spread kills it. Also, The server gets disconnected during important trading times, especially around the news or if I have big trades or lots open. The support team is terrible, they ignore my complaint and couldn't fix it. Better stay away from them and don't take a risk.
Author: Danika Date: 2021-02-01 05:56:25 (UTC+3)
The spread at FinFX is changing enormously. I understand why some brokers do not have fixed spreads but having as high as 15pips per transaction is just too much. I closed my account at this broker simply because of this reason. It's just not worth it.
Author: Kemtul Date: 2020-12-10 06:25:31 (UTC+3)
I was newbie when I joined FinFX broker. At the beginning I was started with a demo account and after one month later I opened a real account with $450. I lost my money because that time I was trading without any analysis but this is not the broker’s liability. One day I got a call from their client support and propose me for an account manager. So I allow them and they assign for me an account manager is always so there when I need her. I learn a few technical analysis but I fill convenient with long-term trades. I changed my attempt to trading in direction of long-term trades and able to earn constantly. Now I am able to earn 50%-60% profit every month. I am very glad with my monthly income from here. By the way, their withdrawal is very quick. I am using Bank Wire for withdrawal usually I received my money within same days. I do not have any complain about FinFX broker service.
Author: Vaye Date: 2020-10-22 02:53:26 (UTC+3)
FinFX is not a recommended broker. Their platform is very unstable, it hangs all the time and it's really affects my trading activities. I thought they would fix it, but they didn't. Three weeks ago, I made a withdrawal request but until now I still waiting for the money to be credited to my account. I've emailed customer support many times, but it doesn't seem like useful. They chose to ignore me and when I called them, they kept saying it's still in process. How could withdrawal process take three weeks? it's really wasting my time.

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