| Finexo is a powerful forex broker based in Germany. Finexo is well known due to the small minimum deposit requirements of only $25 and the wide range of deposit and withdrawal methods accepted. Above that, Finexo is a quality broker offering all the tools needed to succeed as a trader. |
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Rating: |
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Bonus: |
N/A |
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US Traders: |
YES |
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Established: |
2003 |
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Country: |
Germany |
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Leverage: |
1:200 |
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Website: |
www.finexo.com |
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Summary
Launched in retail Forex business in 2003, Finexo becomes a “white label” partner of Saxo Bank in 2004. Finexo offers some nice features to the retail forex trader, making the entry into the foreign exchange market easier for beginners. Finexo was designed with a clear purpose: to guide and educate investors while providing a unique trading platform that anyone can understand and use.
Finexo headquarters is in Germany, and the company is regulated by the financial authorities of Germany, BaFin.
Finexo accepts clients from all over the world, including US customers.
Trading platform
Finexo’s WebTrader is one of the fastest and most efficient online Forex trading platforms. It does not require any download or installation making possible to trade Forex, using your Finexo account, from any computer.
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| The workspace its designed to be flexible, being very easy to customize and organize it as you feel more comfortable.
The prices, graphs and charts are updated in real-time and the one-click trading feature ensures a fast execution, giving you the chance to take advantage of every trading opportunity in that instant.
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Trading Info
The 1:200 leverage maximizes your earning potential while the minimum trade size is $1,000. The spread starts from 2 pips (0.0002) on the EUR/USD pair.
At Finexo you can trade 155 currency pairs, the tradable instruments available reaching over 47.
For Mini Trading Accounts the minimum deposit is $25 and you can leverage your funds 1:200, like common accounts. Finexo uses only USD as account currency.
Finexo offers many deposit and withdrawal options to choose from: Visa, MasterCard, Diners Club, Wire Transfer, PayPal, Click and Buy, MoneyBookers, NETELLER and Liberty Reserve.
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| Special features
Finexo has a Mobile Platform that can give you instant access to the Forex market. The Mobile Platform is easy to use and provides you news, charts and market updates, making possible to trade over 60 currency pairs from your mobile phone. You can see all your positions, open orders, create basic charts, create new positions and alter existing ones, set limits and stops. The Mobile Platform functions on G3 mobile phones with internet access using a standard mobile browser.
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| To increase your trading experience Finexo offers you some useful tools: pivot calculator, calendar of international economic events, market reviews, Forex professional charts and daily audio market reviews.
For beginner traders or for new customers that want to check out the trading platform first, Finexo offers you a free Demo Account with $15,000 to trade. |
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More Info
The language used for trading platform and Customer support is English. The Customer Support is available 24 hour a day, seven days a week, even outside trading hours. The Customer Support is available through Live Chat, telephone and email (only using a contact form).
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