Finveo Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-10-24 19:05Abstract：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.
| 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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