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No Regulation
Score
2.00 /10
Danger
Finveo
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index5.90
Risk Management Index0.00
Software Index8.21
License Index0.00
Open Account
Website
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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Warning: Low score, please stay away!
Previous Detection :
2024-11-06
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| FinveoReview Summary | |
| Founded | 2018 |
| Registered Country/Region | France |
| Regulation | No regulation |
| Market Instruments | Forex, indices, commodities, shares |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | 1.6 pips (Standard account) |
| Trading Platform | MT4/MT5 |
| Min Deposit | $100 |
| Customer Support | Phone: +382 20 436 698, +230 212 9800 |
| Email: customer.support@finveo.mn, info@finveo.mn, finveo@finveo.mu | |
| X, Facebook, Instagram, Linkedin | |
| Q&A service | |
Finveo Information
Finveo is an unregulated broker, offering trading on forex, commodities, indices and shares with leverage up to 1:500 and spread from 0.0 pips on the MT4/MT5 platform. The minimum deposit requirement is $100.
Pros and Cons
| Pros | Cons |
| Demo accounts available | No regulation |
| Various contact channels | |
| MT4/MT5 platform | |
| Various trading products |
Is Finveo Legit?
No. It is registered in France. It has no valid regulations currently.
What Can I Trade on Finveo?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| Cryptos | ❌ |
| Bonds | ❌ |
Account Type
Here are four account types Finveo offers:
| Account Type | Min Deposit |
| STANDARD | $100 |
| GOLD | $1000 |
| PLATINUM | $5000 |
| ECN PRO | $10000 |
Leverage
Finveo offers flexible leverage options, varying by account type.
| Account Type | Max Leverage |
| STANDARD | 1:500 |
| GOLD | 1:400 |
| PLATINUM | 1:200 |
| ECN PRO | 1:200 |
Finveo Fees
Trading Fees
| Account Type | Spread | Commission |
| STANDARD | As low as 1.6 pips | ❌ |
| GOLD | As low as 1 pip | ❌ |
| PLATINUM | As low as 0.4 pips | ❌ |
| ECN PRO | Raw spread | $5 per lot |
Non-Trading Fees
The broker do not charge any transaction fees for deposits/withdrawals as those are fully covered by the Company.
Swap Rates
The broker offers swap-free accounts, which allows clients to trade without paying overnight swaps.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, Mac, Android | Beginners |
| MT5 | ✔ | PC, Mac, Linux, Android | Experienced traders |
Deposit and Withdrawal
The broker accepts payments done via bank transfers, credit/debit cards, and e-wallets.
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