Finbitex Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-18 18:06

Abstract：Finbitex is an unregulated trading platform basethe d in Marshall Islands that offers its clients access to a comprehensive suite of financial instruments across various asset classes, such as Forex, CFDs, and cryptocurrency.

　　Note: Finbitexs official website: https://finbitex.com is currently inaccessible normally.

Finbitex Review Summary
Founded	2018
Registered Country/Region	Marshall Islands
Regulation	Unregulated
Market Instruments	Forex, CFDs, Cryptocurrencies
Demo Account	❌
Leverage	/
Spread	/
Trading Platform	Web Trader, Desktop Platform, Mobile Platforms (Android, iOS)
Min Deposit	$250
Customer Support	Email: support@finbitex.com

Finbitex Information

　　Finbitex offers trading services for cryptocurrencies, CFDs, and forex. Although the platform is unlicensed and presents dangers to investors, it offers five different account types with a range of perks and tools.

Pros and Cons

Pros	Cons
Wide range of tradable instruments	Not regulated
Multiple account types with bonuses	High minimum deposit for some accounts
User-friendly platforms for all devices	No demo or Islamic (swap-free) accounts

Is Finbitex Legit?

　　Finbitex has no active financial licenses and is unregulated. Despite having a Marshall Islands registration, it is not subject to the supervision of respectable financial authorities like the Australian Securities and Investments Commission (ASIC) or the Financial Conduct Authority (FCA).

　　On January 28, 2018, the domain finbitex.com was registered. Its last upgrade is planned for October 8, 2024, and it will expire on January 28, 2025.

What Can I Trade on Finbitex?

　　By providing trading in Forex, CFDs, and cryptocurrencies, Finbitex gives users access to a wide range of financial products.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Cryptocurrencies	✔

Account Types

　　Five distinct active account kinds are available from Finbitex, each with special benefits and initial deposits. Demo accounts and Islamic (swap-free) accounts are not specifically mentioned by the broker.

Account Type	Basic	Silver	Gold	Platinum	Black (VIP)
Minimum Deposit	$250	$1,000	$5,000	$10,000	Managed Account
Bonus	20% Welcome Bonus	60% Welcome Bonus	80% Welcome Bonus	100% Welcome Bonus	Special Bonus
Features	Access to education center, market reviews	Webinars and market research	Advanced tools and arbitrage opportunities	Personalized support and trading tools	Signals on demand, managed funds
Suitable For	Beginners with minimal investment	Intermediate traders	Experienced traders	High-volume traders	VIP clients and large investors

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
Web Trader	✔	Web Browsers	Traders preferring browser-based trading
Desktop Platform	✔	Windows/Mac	Professional traders requiring advanced tools
Mobile Platform (Android)	✔	Android Devices	On-the-go traders using Android devices
Mobile Platform (iOS)	✔	iOS Devices	Apple users looking for mobile trading