Fyntura Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-02-18 21:17Abstract：Fyntura is an unregulated broker, offering trading on forex, indices, metals, cryptos with leverage up to 1:500 and spread from 0 pips on MT4. The minimum deposit requirement is $10. However, it does not provide services for residents in certain areas.
| FynturaReview Summary | |
| Founded | 2021 |
| Registered Country/Region | Seychelles |
| Regulation | No regulation |
| Market Instruments | forex, indices, metals, cryptos |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0 pips |
| Trading Platform | MT4 |
| Minimum Deposit | $10 |
| Customer Support | Live chat, Contact form, 24/5 customer support |
| Email:compliance@fyntura.com | |
| Address: Oliaji Trad Centre 1st floor, Victoria, Mahé, Republic of Seychelles | |
| Regional Restrictions | The United States of America, Israel, New Zealand, Iran, Afghanistan, Belarus, Burundi, Cuba, Congo, Sudan, Sri Lanka, North Korea |
Fyntura Information
Fyntura is an unregulated broker, offering trading on forex, indices, metals, cryptos with leverage up to 1:500 and spread from 0 pips on MT4. The minimum deposit requirement is $10. However, it does not provide services for residents in certain areas.
Pros and Cons
| Pros | Cons |
| Islamic accounts offered | No regulation |
| Demo accounts offered | With regional restrictions |
| MT4 platform | Commission fees charged |
| Low minimum deposit of $10 | Only accepts cryptocurrency deposits |
| Live chat support | |
| Bonus offered | |
| No deposit and withdrawal fees |
Is Fyntura Legit?
No. Fyntura currently has no valid regulations. Please be aware of the risk!
What Can I Trade on Fyntura?
Fyntura offers trading on forex, indices, metals, cryptos.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Cryptos | ✔ |
| Bonds | ❌ |
| Futures | ❌ |
| Options | ❌ |
| Stocks | ❌ |
| ETFs | ❌ |
Account Type
Fyntura offers Zero accounts, Pro accounts and Prime accounts. Besides, it also offers demo accounts and Islamic accounts.
| Account Type | Minimum Deposit | Maximum Leverage |
| Zero | $10 | 1:500 |
| Pro | $10 | 1:500 |
| Prime | $100 | 1:500 |
Leverage
Fyntura offers maximum leverage at 1:500. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
Fyntura Fees
| Account Type | Commissions | Spreads |
| Zero | $0 per $100K | 0.7 pips |
| Pro | $2 per $100K | 0 pips |
| Prime | $1 per $100K | 0 pips |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Web, mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Fyntura accepts payments from major cryptocurrencies.
Fyntura offers deposit methods via Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), Dogecoin (D) and True USD (TUSD).
Fyntura does not charge any fees for deposits and withdrawals.
All cryptocurrency deposits are processed within 30 minutes and it takes 12-24 business hours for withdrawals to get processed.
The processing of withdrawal requests can take up to 24 hours on business days.
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