✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the Finaxis broker, is a Forex, CFDs and Cryptocurrency broker. Is Finaxis really recommended for making 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 made a review on Finaxis… 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, providing key information about the company, we disclose information that every investor should know before deciding or not, to invest with an investment company.
We do this review and assessment, because 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: does not mention it.
As to its location, The broker mentions being based in: Luxembourg, although if true it should be regulated by the Luxembourg financial regulator, which does not seem to happen, which makes us doubt its real location.
If we analyze the regulation of the broker: it mentions being a regulated broker on numerous occasions, but never provides the regulation number or the regulator that regulates it, so we believe that it is an unregulated broker.
If now we go on to analyze account types that Finaxis offers, we note that they offer 6 different types of account: the Start Account, the Progress Account, the New Horizon Account, the Classic Account, the Investor Power Account and the Finansist Account. We leave an image with a little information about each type of account.
Start account: minimum initial deposit of $ 250, micro-lot trading, fixed or floating spreads, personal account manager, free signals ...
Progress account: minimum initial deposit of $ 500, micro-lot trading, fixed and variable spreads, personal account manager, free signals for one month, account assurance ...
New Horizon Account: minimum initial deposit of $ 1.000, micro-lot trading, fixed and variable spreads, personal account manager, free signals for one month, account assurance, exclusive training program ...
Classic account: minimum initial deposit of $ 2.500, micro-lot trading, fixed and variable spreads, personal account manager, VIP signals, account assurance, exclusive training program, deposit bonus, risk manager ...
Investor Power account: $ 5.000 minimum initial deposit, micro-lot trading, fixed and variable spreads, personal account manager, VIP webinars, VIP signals,, account assurance, exclusive training program, deposit bonus, risk manager, e-books , VIP analyst ...
Finansist account- $ 5.000 minimum initial deposit, micro-lot trading, fixed and variable spreads, personal account manager, VIP webinars, VIP signals,, account assurance, exclusive training program, deposit bonus, risk manager, advanced technique risk control, exclusive training program, VIP investment analyst ...
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 Finaxis offers are: MT4.
We will now analyze the different resources and aids for traders that Finaxis provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
Finaxis provides the following help or resources to traders or interested parties: explanation about the products that Finaxis offers, news about financial events and analysis, explanation of some basic concepts of the world of trading, really not much more than this ...
Other information about Finaxis
Some more information in case you want to contact the company, or see its website for yourself.
Website: finaxis.io/en/
Telephone: +34-95-404-87-61, +44-203-807-45-64
Email: [email protected]
>>> Evaluation of Finaxis <<
Ending with this section, in our opinion Do we believe that the Finaxis 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 does not mention which company it belongs to, it is not clear where it is based, it is an unregulated broker when looking for other reviews or evaluations about Finaxis, we find mostly negative evaluations.
For these reasons, we believe that Finaxis is not a recommended broker. In other words, we always recommend working only with duly 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?
Update August 2019: CNMV (Spanish financial regulator) has issued a warning against Finaxis.
Update September 2019: CSSF (Luxembourg Financial Regulator) has issued a warning against Finaxis.
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.
[democracy id = ”239 ″]
Sons of bitches
Hello Maikol, what happened, did they scam you? Explain in detail how everything happened, how you decided to invest, how they played you, that way you will help many people not to fall into the trap of these scammers and we hope to get closure. of the company from the courts or through the police.
Greetings.
I tried the chargeback services suggested here and luckily it went well. I was scammed out of €17.000 and I was able to recover almost all of it, I don't know what I was going to do if I didn't recover it, try. Thank you all, God bless you.
Hello Edwin, Great!!!, thank you very much for letting us know, we are very happy that you achieved it, now be careful if you invest again, check the brokers before trusting one, we have almost all of them here.
For others who want to get their money back, they should try talking to our chat or click on this link:
https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/
If you want to see our ranking of the recommended brokers 2021 click HERE
Greetings and good luck.
Hello, I am at the stage where I must close the account and the agreed commission (10%), they ask me to have it paid into my virtual wallet that operates in Chile, so that they can later transfer the BC to my virtual wallet. It is the only strange thing in all this, since for a year there was an evolution in the account balance, always increasing.
I came to FINAXIS through an Instagram advertisement and registered the account with the minimum start of $250. I have gone through 2 advisors, Juan Carlos the first and David Snaider the second, they have used this whatapp: +357 96640541.
I am now at the point where I must transfer $9k to pay the commission and in response they transfer the BC to my virtual wallet. They sent me some documents to sign called “ WITHDRAWAL AUTHORIZATION ” with the heading FINAXIS & LONDON STOCK EXCHANGE, the sheet has signatures of Calvin Lambert (CEO Financial Department) and Peter Smith (CEO Trading Department).
Everything seems legal, the only strange thing is that the commission must be paid before the transfer and they do not accept to deduct it from the amount generated in the trading.
I cannot make that transfer until I obtain assurance that the transfer will actually be made to my account.
Hello Julio, thank you for sharing your experience with Finaxis. If you have more information about the company, we ask you to share it with us, especially if it is information that you think could help other people by investing with this company.
Do you have emails from which they have contacted you? Do you remember how you found this broker in the first place? The transfer thing sounds really bad, if I were you we wouldn't do it.
regards
Hello. I have also been scammed by Finaxis, or rather by the broker (he called himself Sergei Chekhov), they scammed me out of €7000.
Hello Ana, thank you for sharing your experience with Finaxis. If you have more information about the company, we ask you to share it with us, especially if it is information that you think could help other people by investing with this company.
Do you have numbers, emails from which you have been contacted?
regards
I have also been scammed by these people, more than €5000. I found them with an ad and nothing...I registered until I lost everything. Later I found out that they don't have a license or anything.
A certain Sara was my advisor, those who called me from English numbers like +44 2038074564 and +4(420) 808-99233
Looking for information, the company is in Luxembourg but the regulation number does not appear. We must report it to the Police, I reported it and they told me that the more of us the better, the more they can do, and that they are receiving many more complaints like these each time. I made an email to get together and put an end to these scammers, reporting them all together: [email protected]
Hello José, thank you for sharing your experience with Finaxis. If you have more information about the company, we ask you to share it with us, especially if it is information that you think could help other people by investing with this company.
Do you have emails from which they have contacted you? Regarding Luxembourg, as you mention, not having regulation in our opinion is because they really have no base there.
regards
All those people who say that they have done very well with this company are infiltrators of the same company who enter the forum to continue deceiving people and make them believe that everything works well... people, please don't fall for it.
Hello Marcos, thank you for sharing your experience with Finaxis. If you have more information about the company, we ask you to share it with us, especially if it is information that you think could help other people by investing with this company.
Do you have numbers, contact names, emails from which you have been contacted?
regards
Hello, look what it says to me about was sap
Yes, paying taxes. Once the taxes have been paid, you will receive the capital in 48 hours at most, by bank transfer.
Hello again Sorin, nothing guarantees that paying them will deposit you, remember that we are talking about an unregulated broker, already warned by various European regulators. We would never do it.
regards
Forgetting to turn on the ring: September 13, Alex Fisher
Anydesk main page:
anydesk.com
Hello again, my name is Sorin and as I told you on 19/01/2020 about the account that I could not open, in the end we managed and I decided to withdraw an amount of money, I insisted for a while for you to answer me and in the end they answered us If we want to withdraw all the capital because they are going to create the platform in Spain, we have to deposit €1400 as procedures and commissions and in 48 hours we make the deposit.
The number we have always contacted +357 96 878552 and it says his name is Alex Fisher
The personal account advisor.
I don't know how to act and do
Thanks a greeting
Hello Sorin, thank you for sharing your experience with Finaxis. If you have more information about the company, we ask you to share it with us, especially if it is information that you think could help other people by investing with this company.
Being asked for money to withdraw is a very bad sign. How are they going to create the platform in Spain? What does this mean? It doesn't make much sense either. We recommend extreme caution.
regards
I salute all the companions of misfortune that these people were responsible for causing harm.
I suggest that we create a WS group to be in communication or by email to be able to exchange information and we can do something to recover our money, on face I am José Esteban González or my direct email is @[email protected]
Thanks to recommended brokers for being a communication window for all these scammers.
Pay attention to José's message.