FinoCapital-Overview of Minimum Deposit, Leverage
Abstract：FinoCapital is a forex broker, and it claims to be owned and operated by Lollygag Partners Ltd-a company supposedly based in the Commonwealth of Dominica. FinoCapital advertises a top platform for investing in the financial markets, a variety of trading tools, and attractive bonuses.
Official Website Unavailable
Due to FinoCapital 's inaccessibility at the moment, we could only collect some useful information from another website in order to get a rough picture of this broker.
General Information
FinoCapital is a forex broker, and it claims to be owned and operated by Lollygag Partners Ltd-a company supposedly based in the Commonwealth of Dominica. FinoCapital advertises a top platform for investing in the financial markets, a variety of trading tools, and attractive bonuses.
Markets Instruments
With FinoCapital, traders can get access to an array of trading instruments, including forex pairs, commodities, indices, and stocks.
Minimum Deposit
FinoCapital has set its minimum deposit at $250, which is, more or less, the average for the industry. Note, however, that many well-regulated and reliable brokers require less. FXTM, for example, allows you to get started with just $5, and Tickmill, a major forex provider, requires $100.
Inactivity Fees
An inactive trading account will be charged a 10% monthly fee if it remains inactive for six months. A percentage fee may result in a substantial deduction from your account.
Leverage
For EUR/USD, the leverage is 1:100. Such leverage is also high compared to licensed brokers in the EU that cannot offer leverage above 1:30, and to US brokers that cannot offer leverage above 1:50.
Trading Platforms Available
FinoCapital claims to support cTrader, as well as some webtrader, but this information cannot be verified. We doubt that FinoCapital supports cTrader.
Customer Support
Fino Capital customer support can be reached at 44203670254, and via email: support@finocapital.co.
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