Score

1.43 /10
Danger

FinoMarkets

United Kingdom

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.37

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Regulatory disclosure

Broker Information

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Company Name

FinoMarkets

Company Abbreviation

FinoMarkets

Platform registered country and region

United Kingdom

Company website

WhatsApp

  • +44 7534 932434

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FinoMarkets · Company summary

General Information

FinoMarkets is forex broker registered in the United Kingdom, offering its clients forex and CFD products, as well as 24/5 multilingual support. The company behind FinoMarkets is not disclosed to all, and there is no evidence that this broker is subject to any regulation.

General

Market Instruments

With FinoMarkets, traders can trade CFDs, Forex, and Stocks against Bitcoin or a wide range of other cryptocurrencies and keep track of your gains or losses in real-time.

Account Types

There are three trading accounts to choose from: Silver, Gold and Platinum. The Silver account is a perfect choice for beginners, including personalized analyst, private sessions with analyst every month, weekly reviews of market and financial research. The Gold account includes personalized analyst, a money management plan, private sessions with analyst every week, as well as weekly review of market and financial research. The Platinum account is idea for well-seasoned traders to refine their skills, with a series of account features including: direct contact with account analyst, a long-term money management plan, private sessions with analyst every week, weekly review of market and financial research, up to 5 protected trades with assistance from your account analyst.

While some important account details, like the minimum initial deposit for each account are not mentioned yet.

Trading Platform Available

Fino Markets says it offers MetaTrader platform, which can be downloaded on Windows, Mac, Android, IOS devices.

The weird thing is that there is no detailed description of trading platform it offered, only a download link as well login page popping up like the picture below.

So we are not sure if MetaTrader are offered by this brokerage firm.

Trading

Trading Tools

Some simple trading tools are on offer, including Bitcoin Graph and Economic Calendar.

Customer Support

Traders with any inquiries and any trading-related problems can reach out Fino Markets 5x24 multilingual customer support through the following channels:

Telephone: support@finomarkets.com

Email: support@finomarkets.com

WhatsApp: support@finomarkets.com

Company Address: 51 Southwark Bridge Road, London, SE1 6FJ, United Kingdom

There is also a contact form for you to fill out some required details, then waiting to be connected.

Besides, you can also follow this brokerage on some popular social media platforms including Facebook, Linkedin and Youtueb.

News

NewsWikiFX report: Why FinoMarkets is a Reliable and Genuine Trading Platform?

Are you seeking for a trustworthy trading platform? If that's the case, you've come to the correct place. If you want to invest in a trading platform, FinoMarkets is the finest option. FinoMarkets enables you to trade without squandering time or money.

WikiFX
2022-04-18 14:56
WikiFX report: Why FinoMarkets is a Reliable and Genuine Trading Platform?

NewsWikiFX report: Fino Markets and Aga Trading websites blocked in Italy

Italy’s Companies and Exchange Commission (CONSOB) today announces that it has ordered the blocking of access to six more websites that offer financial services without having the necessary license to do so.

WikiFX
2022-04-18 14:54
WikiFX report: Fino Markets and Aga Trading websites blocked in Italy

NewsWikiFX report: A Total Scam! Three Financial Regulators Warned Against FinoMarkets

Scams exist in all financial markets, including the FX market. Scammy forex brokers are still deceiving traders in 2022. How will investors be able to spot rogue brokers? Apart from examining the blacklists of forex brokers on the websites of global regulators, we can also learn from investors who have shared their scammed trading experiences with some fraudulent brokers.

WikiFX
2022-04-15 16:11
WikiFX report: A Total Scam! Three Financial Regulators Warned Against FinoMarkets

User Reviews

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FX1371741629
more than one year
I find it strange because when I was looking at the "Account Types" on the FinoMarkets website, I found that they didn't state the minimum amount to open an account. Isn't this the most basic information? So this company failed to leave a good impression on me. I think they lack some basic sincerity.
I find it strange because when I was looking at the "Account Types" on the FinoMarkets website, I found that they didn't state the minimum amount to open an account. Isn't this the most basic information? So this company failed to leave a good impression on me. I think they lack some basic sincerity.
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2023-03-15 15:50
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EK92965
more than one year
Without prewarning I was locked out of my account around Christmas time. Resetting the password did not work. Thought I had been hacked and contacted them by phone and email. No response for months.
Without prewarning I was locked out of my account around Christmas time. Resetting the password did not work. Thought I had been hacked and contacted them by phone and email. No response for months.
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2023-02-24 16:16
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