Fin Exchange Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-21 17:59

Abstract：Fin Exchange purportedly operates as a forex broker without valid regulations, and holds registration in the Marshall Islands. It offers a trading software. But their website is not available.

　　Note: Fin Exchange' official website: https://finexchnge.com is currently inaccessible normally.

Fin Exchange Review Summary
Founded	2022
Registered Country/Region	Marshall Islands
Regulation	Unregulated
Market Instruments	/
Demo Account	❌
Leverage	Up to 1: 400
Spread	/
Trading Platform	Trading software
Min Deposit	/
Customer Support	Phone:+44 1618181500
	Email: support@fin-exchnge.com
	Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960

　　Fin Exchange purportedly operates as a forex broker without valid regulations, and holds registration in the Marshall Islands. It offers a trading software. But their website is not available.

Pros and Cons

Pros	Cons
None	Unregulated
	Inaccessible website
	No MT4 or MT5
	Not a legit broker

Is Fin Exchange Legit?

　　Fin Exchange has no regulations. The domain finexchnge.com was registered on February 9, 2022, and is currently set to expire on February 9, 2025. It is currently in a “clientTransferProhibited” status, indicating that domain transfers are not allowed at this time. Whats worse, their website is not available.

Account Type

　　Fin Exchange offers three types of accounts including the Platinum, Gold and Silver accounts. However, the account features are unknown.

Leverage

　　Fin Exchange offers 1:400, 1:300 and 1:200 for their Platinum, Gold and Silver accounts.These flexible leverages can facilitate their traders to choose different trading conditions.

Trading Platform

　　Fin Exchange claims that traders can have access to their own trading software – available in desktop, mobile, and web versions. But recently, their platforms are not well functional due to inaccessible website.

Deposit and Withdrawal

　　Fin Exchange accepts credit and debit card deposits. But any withdrawal requests made prior to achieving the specified turnover will be rejected. This practice is highly unusual and would not be expected from a reputable broker.