Reviewing Finexro – Why Traders Consider It Safe, Flexible, and Extensive

Finexro
  • Overall Score
4.2

Summary

If you sign up with Finexro, you will notice that you are getting access to two trading platforms. You can choose the one that you are most comfortable with. I think you should pick the one that makes you most productive. To be precise, you will have SIRIX and MetaTrader 4 trading platforms to pick from.

Finexro Review

Finexro logoSo, if you notice the title of my review, you will notice that I am about to talk about Finexro. This broker has been on my radar for some time, in a good sense. I have been looking at all the features that it provides to its traders and I think its traders are saying the right thing about it. All the traders that I have met who signed up with this broker think that it is extensive, flexible, and safe. These are the three most important qualities that I have always believed should be in every online broker. To see that the traders are talking about these three elements has been surprising for me.

If you are also thinking about trading, I think you should also focus on these three important factors. These factors will help you choose a broker that you can stay with for a long time. Now, I consider it my responsibility and job to provide you with all the important details about this broker because I have completed by research. I think my research should help you reduce the time you will be spending on researching. So, let us go and talk about this broker in detail to know if the claims of it being so flexible and safe are true.

Broker Finexro
Owned By Strongex LTD
Products Forex, Indices, Commodities, Stocks, Crypto
Trading Tools Index, FX, and Crypto Price Charts, Bitcoin Leverage, Long/Short Trading
Trading Platform MetaTrader 4 and SIRIX
Trade From Mobile, Desktop, Tablet, Online
Account Types Bronze, Silver, Gold, Platinum, Premium
Trading Available With 200 EUR
Demo Account Yes
Training Private Sessions, Webinars, Seminars
Deposits Maestro, Visa, MasterCard, Wire Transfer
Customer Support Phone, Email, Contact Form

Why Consider Finexro Flexible, Safe, and Extensive

Extensive in Trading Platform Options

This is the first thing that I would like to mention about this broker. I have seen dozens over dozens of online brokers that provide trading services. Some of them are providing you with forex trading, while others provide you with CFD or futures trading. In all cases, I have noticed that they pick one trading platform, which then you have to sign up with and trade on. There is no way for you to change the trading platform you are using because that’s the option you have been given by the broker. In some cases, I have seen traders changing the broker only to find a better trading platform.

This gave me a quick understanding that for some traders, the trading platform is everything. I think a great way online brokers can tackle this particular problem is by offering a choice to their traders. Is that possible? Well, of course. The broker that I am talking about right now has done exactly that. If you sign up with this broker, you will notice that you are getting access to two trading platforms. You can choose the one that you are most comfortable with. I think you should pick the one that makes you most productive. To be precise, you will have SIRIX and MetaTrader 4 trading platforms to pick from.

Source: https://www.finexro.com/, Finexro
Source: https://www.finexro.com/, Finexro

I don’t want to talk specifically about a particular trading platform here because I am not here to review the trading platforms. All I can say is that both these trading platforms are considered the best in the online trading industry. They are consider the best because of the easy interfaces they offer and the amazing features that you will get access to when you are on them. However, the most important part that I think should matter to every trader is that these trading platforms can easily become a part of your daily lifestyle.

If you are someone who likes to take out some time from your schedule only for trading, you should go with this broker. This broker will offer you the downloadable desktop version of the trading platform that you can use on your computer. However, if you want to be able to trade on the go, you can go with the trading platform in the form of a mobile application. Yes, the broker has created a mobile application of the trading platform so you can trade wherever you are.

The best thing that this broker has done with its traders is that it has provided them with a web trading platform as well. A trading platform that’s available to you in the web is there for you from any location and device. You can use this trading platform from any device without downloading it there. You will not even lose your settings on the trading platform because you will access the same one from all the locations. This trading platform does not cause any problems just because the operating system on your computer or mobile device is different.

Safety of Funds and Information

So, since safety is one of the points that we are discussing in this review, I have to talk about the safety features from this broker. There is something I want to tell you here before I talk about the important options that this broker provides you with. Now, what I want to say here is that you must not take your security for granted when you are online. I am not talking about online brokers only. It does not matter which type of website you are on. When it comes to the security of your information and money, you have to pick the most reliable and the best option.

In this particular case, I can tell you that Finexro is one of the best brokers out there. It has all the measures, steps, and systems in place to protect the information that you provide on the website. When you insert your information on the website, it gets encrypted. The information that you provide to the broker does not go to the broker without encryption. Encryption ensures that every piece of letter or number that you have written in your information gets converted into a code that no unauthorized party can understand. This way, your information is safe from the world while it travels on internet lines.

You will notice on the website that the broker has proper SSL certificates installed. In addition to that, you have to worry about the money as well. Are you putting your money in safe hands? Is your broker going to protect the money that you deposit in your trading account? Most importantly, is the broker taking all the measures to make sure that it does not let your information be used by someone else to sign up in your name?

We have already talked about how the broker protects your information. But I also have to tell you that the broker takes proper information from you under the KYC policy. This ensures that no one who has stolen your information can sign up with the broker. Last but not least, all the money that you deposit in your account goes into segregated funds. This protects your money in every possible way.

Pick Assets of Your Choice

We are going to touch upon the factor of extensiveness yet again while talking about Finexro. So, when you sign up with an online broker, you have to make sure that you have all the asset options with you that will allow you to make your portfolio diversified. That’s the first thing that comes in the mind of a trader who has been in this activity for a long time. So, you see, when you sign up with a broker and start trading, you have to make sure that you distribute your losses and risks across a variety of assets. This means when an asset goes down, you don’t lose all the money.

On the other hand, if you have invested all your money in the same asset, you will lose it all when this asset goes down. When you have your money invested in many assets, you will still hopes of profits and recovery because one of your assets will start going up. This really helps when you go with the hedging technique, in which you specifically pick assets that are correlated. When one asset goes down, the other one comes up and vice versa.

Now, the most important thing that needs to be mentioned here is that the broker has provided you with a lot of assets to trade from. You have assets from many classes that you can trade from the same trading platform. Are you thinking about trading currency pairs from all around the world? Yes, you will get them all in your reach when you are with a broker like Finexro that brings them all from all over the world. No more will you have to trade USD just because you don’t have any other currency pair without this currency.

You can now trade cryptocurrencies as well, which means you will be trading in a market that’s going to become stronger in the coming years. You can trade Bitcoin, which is the biggest cryptocurrency in the world. You can also trade Ripple, Litecoin, Ethereum, and some other crypto assets with this broker. The commodity class contains many different types of assets including but not limited to palladium, oil, gas, silver, gold, etc. So, when you sign up with this broker, you have all the options from all around the world available for you to trade.

Crypto Trading - Finexro

Proper Education for All

When you sign up with a broker, you have to make sure that you use this opportunity to learn everything about trading. A lot of the times, I have noticed that traders sign up with online brokers, start trading, and then lose their heart. They don’t want to trade anymore. When you talk to them about their weird decisions, you realize that they lost all the money they have in trading. But if you look closely, you will always find out that they did not pay attention to learning how to trade. You can’t really trade properly unless you know how trading works.

This is something that your broker will do for you. It will provide you with all the material that you need for learning how to trade. Fortunately, this broker is among the best because of its training material. There are different people who want to learn trading and they have different minds. And that’s why the broker has proper ebooks and videos in place for you to learn trading the way you want. But that’s not it. The broker has also arranged for seminars for you. Attend these seminars and listen to the best traders in the industry and learn from them.

If you don’t have time to attend seminars, you can go with the webinar option as well. Yes, you can learn from the comfort of your bedroom and learn from people who really understand trading. They will provide you with the knowledge of trading in the cryptocurrency, stocks, forex, etc. market. In addition to that, they will listen to your questions and answer them to clarify any confusion that you might have in your mind about trading.

What impresses me the most about this broker is that it has arranged for personal training sessions as well. Sometimes, you just don’t want to be in a class where you have so many other people. Perhaps, that’s distracting for you and you want to make the most of your time that you are spending in learning.

That’s where I think the one-on-one training from this broker comes in handy. You might not feel like learning trading if you have already become experienced. However, I can tell you that even a trader who has been a part of the industry for 20 years will learn a lot from the training material from this broker. You can join one-on-one training session that will help you learn trading like never before.

Variable Tight Spreads and Big Leverages

Are you thinking about trading and making a lot of money? Of course, the money that you make on your trades depends on their success. However, there are some other things that you have to pay attention to. If you want to make the most of trading, you have to make sure that you understand these concepts. So, you have to learn about margins first. If you talk about margin, it is the minimum amount that you have to have in your trading account before you can enter a trade. The margin call requirements are some of the most flexible from this broker.

However, what I admire more about Finexro is that it has some really tight spreads. I have been associated with the online trading industry for many years. I can tell you about the times when brokers used to take money from their trades on every move. You had to pay them money for trading on their trading platform, for entering a particular trade, and even when you thought about withdrawing or depositing your funds. With this broker, all you have to worry about is the spread on your trade. The spreads can start from 0.1pips, which is the best that I have seen an online broker offering.

In addition to that, you also have the broker providing you with some big leverages. The first thing you will notice on the trading accounts page is that there is leverage for you on your trades, which is equal to 1:30. This means for every dollar that you spend on trading, you will get 30 dollars from you broker. This contribution will help you increase the amount of money that you invest in a trade. If you are successful with your trade, you will get a lot of money because the leverage amplifies your profits. However, it also does the same with your losses, you have to be careful when you use this option.

Now, things will get even better for you if you go with a professional or advanced account. With these accounts, you can get huge discounts on the amount that you pay to the broker in the form of a commission. Yes, the commission is there but when you sign up with the right broker, you will see the commission decreasing with every account type.

Easy Entry Point

The broker has also made sure that you enter trading with ease when you sign up with. There are many brokers online that are always calling you to sign up with them. However, you cannot sign up with them all at once. You are going to end up losing your money in that case. So, what you want to make sure is that you sign up with the broker with such a small amount that it does not take a dent on your finances. Of course, there is always going to be some amount that you will have to pay to the broker when you sign up with.

However, this broker has made sure that the amount you pay is not too big. So, if you go with the first account on the list, you will notice that the amount you have to deposit is only 5000 EUR. The silver account, which is the second account in the list, requires you to deposit only 10,000 EUR in the account. I would like to get your attention to a very important matter here. What I want to tell you is that you can start trading with ease even without paying that amount. If you notice on the accounts page, you are ready to go and trade once you have deposited only 200 EUR in your account.

Finexro customer support

The Great Customer Support

I will consider my review of Finexro incomplete if I don’t provide you with information on this particular matter. When you sign up with an online broker, you have to use its trading platform. In addition to that, you will have to deposit some funds in your accounts to activate it. Once your account has been activated, the broker will provide you with a list of assets that you can trade. After that, you can start trading and learn on the go. However, you will always run into some problems when you sign up with an online broker.

You can have issues related to the account you have on your trading platform. Perhaps, you have sent some money to the broker to deposit in your account, but you can’t see the amount in your account after several hours. In that case, you have to look at the customer support that your broker is providing you with. I can tell you that the people on the other side of the phone are very polite. You can talk to them like I did by just clicking on the option on the website. You can use the email address that’s on the Contact Us page of the website. You can also use one of the two phone numbers on the website to get all the help that you need.

The Tools That Will Help You

Are you getting any tools from this broker to help you with your trades? Yes, you are getting all the tools that will help you with your trades. The broker has made sure that you get only the tools that you can trust. In addition to that, you will love these trading tools because they are so straightforward. First of all, you will get access to all the price charts of all the assets that you can trade with the broker. You can always look at the live chart of the market to know where an asset is standing. In addition to that, you will also learn about long and short position when you are on the website of the broker.

I think I should also count the option of minimizing your risks here because I think this broker really cares about your money. It will not push you into any trade that does not make sense. So, the stop loss option when you are trading with this broker is nothing less than a blessing.

Final Thoughts

Now, I have talked in detail about all the features that I think are great in this broker. I leave the decision to you. You can decide if you really find this broker easy, extensive, and safe. Yes, the options are there and I just talked about them. However, it will always be more helpful for you to check these details yourself before you agree to sign up and spend your money on your first trade. 

Isacco Genovesi

Author: Isacco Genovesi

Isacco writes news articles, reviews and guides about cryptocurrencies including technical analysis, blockchain events, coin prices marketcap and detailed reviews on crypto exchanges and trading platforms.

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