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Finaguide -Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2024-12-31 14:51

Abstract:Registered in Saint Vincent and the Grenadines, Finaguide is an online forex broker offering a series of trading instruments, including currency pairs, commodities, index, stocks, as well as digital pairs. With Finaguide, investors have the flexibility to choose from five trading accounts, and the minimum deposit to invest with this broker is really high, reaching up to $2,500. Finaguide is officially managed by Finaguide Ltd., with a business address at Two International Finance Center 8 Finance Street Hong Kong, with Business Number 26713BC2022. What Finaguide offers is not the industry-leading MT4 or MT5 trading platform. Finaguide is not authorized or regulated by any regulatory authorities, please be aware of the risk involved.

Finaguide Review Summary
Founded2-5 years
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsCurrency pairs, Commodities, Index, Stock,Digital Pairs.
Demo AccountN/A
LeverageUp to 1:400
SpreadN/A
Trading PlatformIts own platform
Min Deposit$2,500
Customer SupportEmail: info@finaguide.comPhone: +18009516353

Finaguide Information

Registered in Saint Vincent and the Grenadines, Finaguide is an online Forex broker that offers a range of trading instruments including currency pairs, commodities, indices, stocks as well as digital currency pairs. With Finaguide, investors have the flexibility to choose from six trading accounts, but the minimum deposit for investing with this broker is very high, up to $2,500.

Pros and Cons

Pros Cons
Multiple instruments providedUnregulated state
Inaccessible official website
Unclear information on fees and payment method
High minimum deposit

Is Finaguide Legit?

Finaguide is not regulated by any effective financial institution.

What Can I Trade on Finaguide?

Finaguide offers traders the opportunity to trade Currencies, Spot metals, Commodities, Indices, Digital pairs and Stocks.

Currencies: Trade over 80 major and foreign currency pairs, accessible 24 hours a day.

Spot metals: Trade gold, silver and other popular metals

Commodities: The trading range includes agricultural and energy commodities such as WTI crude oil, Brent crude oil, coffee and wheat.

Index: Invest in a range of stocks by trading some of the world's leading indices, including DJI, UK100 (FTSE) and German 40 (DAX).

Digital pairing - Trading popular trading assets such as Bitcoin, Ethereum, Solana and Ripple.

Stocks: Trading leading stock companies, such as Tesla, Alibaba, and Netflix.

Tradable Instruments Supported
Currencies✔
Spot metals✔
Commodities✔
Index✔
Digital pairing✔
Stocks✔
Mutual Funds❌
Futures❌

Account Types

Finaguide offers six types of trading accounts to meet the different trading needs of customers, including Beginner, Standard, Intermediate, Advanced, Intergral and VIP.

To open a beginner account, the minimum deposit is $2,500 in funds.

Leverage

Finaguide allows traders to use leverage up to 1:400.

Trading Platform

Finaguide provides its own proprietary trading platform that can be used on web and mobile devices.

Trading PlatformSupported Available Devices Suitable for
Own Trading Platform✔Web and Mobile devicesInvestors of all experience levels
Forex tradingForex Broker

Related broker

No Regulation
Finaguide
Company name:Finaguide Ltd
Score
1.45
Website:https://finaguide.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.45

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