Finex Trades Review
29
Review
Fast Facts
Contact Info and Support
Traffic information
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About Finex Trades
FINEX TRADE (operating via domain finex‑trade.com) is not authorised by the UK Financial Conduct Authority (FCA) and has been officially flagged as an unauthorised firm in the FCA Warning List dated 19 November 2025. It is advised to avoid engaging with this firm. If you deal with it, you will not have access to UK protections such as the Financial Ombudsman Service or Financial Services Compensation Scheme.
Finex Trades (through domain finextrades.com) claims to be based in the UK, offering instruments such as currencies, stocks, indices, and cryptocurrencies via MetaTrader 4 (desktop). It advertises a minimum deposit of USD 10, maximum leverage up to 1:500, and support via email (support@finextrades.com). However, it operates without regulatory oversight from any recognised authority.
Pros and cons
Pros
- Offers a range of instruments: currencies, stocks, indices, cryptocurrencies.
- Utilises the widely used MetaTrader 4 platform.
- Low entry barrier: minimum deposit of USD 10.
Cons
- Unregulated—no licence from FCA, ASIC, or any recognised authority, leading to no investor protection schemes.
- High maximum leverage (1:500), which is often restricted by regulated brokers due to risk concerns.
- Limited customer support—email only, no physical presence or transparent company information.
