In this section we will analyze the broker Finarix (also called FINARIX.COM), is a Forex and CFD broker. Is Finarix really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we did a review on Finarix. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
It should be noted that the Finarix website does not have a Spanish version, we have also received messages from Spanish-speaking clients.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Zolarex Ltd and Global Prime Management EOOD.
As to its location, the broker mentions being based in: Marshall Islands and Bulgaria.
If we analyze the regulation of the broker: they do not mention anything about being a regulated company, which makes us think that it is an unregulated broker.
If now we go on to analyze account types offered by Finarix, we noticed that they offer 4 different types of account / plans: Takeoff Account, Standard Account, Premium Account and Elite Account. We leave an image with a little information about each type of account.
Takeoff account- $ 250 minimum initial deposit, up to 25% bonus, daily market analysis, customer service, email alerts, webinars.
Standard Account- Minimum initial deposit of $ 2.500, bonus up to 50%, daily market analysis, customer service, email alerts, webinars, personal advisor, 2 weeks of trading signals.
Premium account- Minimum initial deposit of $ 10.000, bonus up to 75%, daily market analysis, customer service, email alerts, webinars, personal advisor, 3 weeks of trading signals.
Elite Account: it is necessary to contact Finarix to know the details of this type of account.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that Finarix offers are: Finarix's own platform.
We will now analyze the different resources and aids for traders that Finarix provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
Finarix provides the following aids or resources to traders or interested parties: explanation of some basic concepts of the world of trading, FAQ section, some informative articles, really not much more than this.
| Other information about Finarix |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: unmentioned
>>> Assessment on Finarix <<
Ending with this section, in our opinion Do we believe that the Finarix company is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is based in unsafe countries (Marshall Islands, Bulgaria), when looking for other reviews about Finarix we mostly find negative reviews, the FCA (financial regulator of United Kingdom) has added Finarix to its blacklist, the CNMV (Spanish financial regulator) has marked Finarix as a financial chiringuito. We suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.