FinoTrend Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-02 14:31

Abstract：Registered in the United Kingdom, FinoTrend is an online broker, offers a wide range of trading instruments. However, please note that there is no evidence that FinoTrend is regulated by FCA or other regulatory agencies, be aware of the risk.

　　Note: FinoTrend's official website - https://finotrend.com/ is currently inaccessible normally.

FinoTrend Review Summary
Founded	/
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex, indices, metals, energies, futures, shares
Demo Account	/
Islamic Account	✅
Leverage	1:10 - 1:50
Spread	/
Trading Platform	WebTrader
Min Deposit	5,000 EUR
Customer Support	24/5 support
	Tel: +44 7897042815
	Email: support@fino-trend.com

　　Registered in the United Kingdom, FinoTrend is an online broker, offers a wide range of trading instruments. However, please note that there is no evidence that FinoTrend is regulated by FCA or other regulatory agencies, be aware of the risk.

Pros and Cons

Pros	Cons
Various tradable assets	Unavailable website
Multiple account types	Unregulated
Conservative leverage	No MT4/5
Popular payment options	High minimum deposit

Is FinoTrend Legit?

　　No, FinoTrend is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

What Can I Trade on FinoTrend?

Tradable Instruments	Supported
Forex	✔
Indices	✔
Metals	✔
Energies	✔
Futures	✔
Shares	✔
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　A total of five account types are available with both retail and professional accounts: Beginners, Traders, Expert, VIP and Exclusive. The minimum initial deposit to open a Beginner account is absurdly high 5,000 EUR to 9,999 EUR, Besides, account services are almost same, including dedicated account manager. Trading signals are only available with Expert, VIP and Exclusive accounts.

　　Aside from five accounts mentioned above, the Islamic account is also available.

Account Type	Min Deposit	Max Deposit
Beginner	€5,000	€9,999
Trader	€10,000	€24,999
Expert	€25,000	€49,999
VIP	€50,000	€99,999
Exclusive	€100,000+	/

Leverage

　　The trading leverage differs depending on trading accounts. The leverage offered by five trading accounts ranges from 1:10 to 1:50.

Account Type	Max Leverage
Beginner	1:10
Trader	1:20
Expert	1:30
VIP	1:40
Exclusive	1:50

　　It is important for forex traders to select the level of leverage that they feel most at ease with. Low leverage like 5:1 or 10:1 may be more acceptable if you're more conservative and don't enjoy taking numerous chances or are still learning how to trade currencies.