FinuTrade Review – Is FinuTrade Scam or Legit?

FinuTrade Review

You want to trade with a broker that is innovative and trustworthy, but you do not know how to find one. Is this the thing that’s bothering you and keeping you away from stepping into the world of online trading? Don’t worry it is the case with every new trader. When it comes to choosing a broker for trading, newcomers find it really difficult to select the right broker as there are thousands of brokerage firms operating online. Out of these tons of brokers, there are only a few that have actually proven to be trustworthy and reliable; the rest of them are full-fledged scams. So, it must be a difficult task to choose the perfect broker when you have plenty of brokers at your disposal.   

But as you have come here looking for help, it is my duty to ease your difficulty in this case. And I can do that by leading you towards a broker you can actually trust. The broker I am going to introduce you to is FinuTrade. If you are a beginner and want to change your financial life, then this brokerage, without any doubt, is the best fit for you to start your trading voyage with.  You must be wondering why I am so sure about this broker. The reason is I already have analyzed and checked out its services, and I have found all of them very accommodating and user-friendly. My detailed review of FinuTrade will help you to examine this brokerage and evaluate its features and services that it offers to facilitate your trading.

Without any further delay, let’s start our review. Here are the key points of my discussion:

  • FinuTrade Introduction
  • Social Trading
  • Proprietary Web-based Trading Platform
  • Trade Forex, Stocks, Commodities, Metals, And Cryptocurrencies With FinuTrade
  • Convenient Sign-Up Process
  • Different Account Options
  • Professionals And Financial Advisors For Your Guidance
  • Security
  • Customer Support Service
  • Conclusion

FinuTrade Introduction

FinuTrade is a forex and Contract for Difference (CFD) broker that was founded ten years ago by an experienced and professional team with the goal of providing trading opportunities to traders from across the entire world. FinuTrade is aimed at making all of its traders and investors confident. And it does that by offering them top-quality trading services, which make trading easier. 

Since the year of its establishment, this broker has attracted the attention of a large number of traders and investors who came from across the whole world to trade with it. It is a real fact, and the particular reason behind this is the broker’s quality of being sensitive to the trading requirements of its clients. By offering the industry’s top-level trading services integrated with intuitive and advanced trading technology, it tries to win the trust of its customers.

It has become a top-reputed brokerage firm due to its features and services as they are remarkable and facilitative. What are these features, and why are they impressive? Let’s find out. 

FinuTrade Offers These Features And Services To Its Clients:

Social Trading

Before I move ahead with other key features of FinuTrade, I want to talk about a very distinctive feature offered by this broker. This feature is called Social trading. Not all of the brokers out there offer you this feature. Only top-ranking brokers provide their clients with an opportunity to access Social trading. One of them is FinuTrade. Is Social Trading beneficial for you? Yes, it can prove really advantageous for you. Social trading allows you to copy other traders and the way they execute their trades. When you choose to use the feature of Social trading, the broker allows you to join the Social Trading Community. As a member of this community, you are allowed to see other traders’ profiles. The market where you trade is flooded with a lot of top-performing and professional traders. You can follow them in trades and grow your capital easily. If you are a trader of FinuTrade, you can begin your social trading from as low as $5 without paying any performance fees or hidden costs. This feature is most beneficial for those traders who are unable to listen to the updates in the market neither they read charts due to the lack of time. 

Proprietary Web-based Trading Platform

If you are trading online with a brokerage, you cannot neglect the importance of a trading platform. It is one of the basic requirements of trading. In order to execute trading easily and profitably, traders must have a trading platform that is advanced and innovative. What brokers do in most cases is that they bombard traders with plenty of features. But they show negligence in the case of the trading platform. These kinds of brokerages do not come into the category of good brokers. If a broker is unable to provide you with the most important feature of trading, then why trade with that. When you select a broker, you need to make sure that the broker you are signing up with takes care of every facility you need, either it is a trading platform or any other requirement. 

I have evaluated a lot of brokers in recent times. I checked out their trading platforms too, but out of them all, the trading platform of the FinuTrade broker impressed me the most. Unlike other brokers, it has chosen to develop its own proprietary web-based trading platform using cutting-edge technology. Called Web Trader, this amazing trading platform of the broker helps you to make your trading experience profitable and easier. Most of the brokers require you to install their trading platforms. But this is not the case with FinuTrade as you do not need to install it. You can instantly download it and start trading on it. 

When you start trading using the trading platform of FinuTrade, you get to use every basic tool needed for the successful execution of trading as the broker has enriched its trading platform with a wide range of easy-to-use trading tools such as technical indicators, the option of multiple chart view, economic calendar, in-depth market categories, and various others. You are also provided with daily market updates. Moreover, the broker has made the interface of its trading platform so simple and straightforward that anyone can use it. It is user-friendly, and you can navigate it easily. The best thing about this broker is that you can access it on all operating systems. 

Trade Forex, Stocks, Commodities, Metals, And Cryptocurrencies With FinuTrade

It is worth to check out the asset index of a broker before signing up with it. If you sign up with a broker without exploring its asset index, you may find yourself in trouble later on. There might be only a few assets available for trading on the platform of that broker. And what if you do not find the asset you want to trade with? What will you do in that case? There is nothing that you can do if you have caught yourself in such kind of situation. Therefore, it is better to look into the asset index of the broker. What you have to notice is how much variety is available in that asset index. If you are not satisfied with the asset offering, you can choose not to sign up with that broker. On the contrary, you should go for a broker whose asset offering is not limited to only one asset and is expanded to many assets. 

You can check out the asset index of FinuTrade you will find a wide variety in its asset offering. There are many assets available for you to trade with. There are more than one hundred different assets available at your disposal. This makes it easy for you to trade with the asset of your choice. There is a wide range of trading products present at the marketplace of this broker. First of all, you have forex to trade. Everyone is aware of the popularity of forex in the world of trading, and every trader wishes to trade in the forex market. But in most cases, traders are not provided access to the major forex markets. However, FinuTrade provides this opportunity to its customers. When you trade with this broker, you have the opportunity to trade with the famous forex trading pairs. Some of these are USD/RUB, USD/EUR, EUR/GBP, EUR/AUD, and USD/CHF. Most of the users choose to trade with the USD/EUR trading pair as it is the top-traded one in the financial market. 

Moving on ahead, you have stocks trading at your doorstep. As there are traders of different kinds so their choices will also differ from each other. Keeping this fact in view, the FinuTrade broker has added the option of stock trading for its customers. The broker has chosen to include the stocks of big companies from across the entire globe, such as Netflix, Amazon, Visa, Google, Apple, and various others. With the assistance of FinuTrade, you can earn massive profits through stock trading and can improve your financial condition. Then, there are commodities and precious metals available at the platform of the broker. FinuTrade provides you access to both soft and hard commodities. Some of the famous commodities are Gold, Coffee, Soybeans, Wheat, Rubber, Oil, Corn, Sugar, and many others. 

Apart from these assets, FinuTrade also deals with digital currencies as well. The team behind this broker has noticed that the interest of traders and investors in cryptocurrencies has been increasing potentially for the past few years. Therefore, it decided to include cryptocurrency trading into its list of asset offerings. In the category of cryptocurrency trading, you have a lot of digital assets to trade with. Bitcoin (BTC), the world’s first-ever decentralized digital currency, and Ethereum (Ether ETH), the second-largest cryptocurrency in the world in terms of market cap, are the two most popular and top-traded cryptocurrencies that are available for you along with some others.  

As there are hundreds of assets available at your doorstep, you can go for diversification as well and can make a good asset portfolio. You can include top-traded assets from each financial instrument to make it lucrative. You are open to add any assets you desire. 

Convenient Sign-Up Process

In the case of some brokers, traders waste much of their time on the sign-up process as they have to go through a series of steps. Beginner traders even take a lot of time to understand the sign-up procedure as there are complex steps involved. However, the FinuTrade broker does not put its customers in trouble and provides relaxation and the comfort of mind at the sign-up stage. There are not too many prerequisites demanded by the broker in the registration process. It has made the procedure of registration very simple, straightforward, and convenient. All of the steps involved in the process can be understood easily by every trader. There are simple steps that you have to follow. First of all, you will have to visit the broker’s official website. A sign-up form is given on the website you have to fill in this form to complete your registration. It will ask you to provide some of your personal information such as your full name (first name plus last name), your country of residence, your email address, and your contact number. That is it. There is nothing additional demanded by the broker. As soon as you have filled in the form, you are done with your registration. 

Different Account Options

Sometimes, there are traders whose financial background is not strong, and they have a low budget. With their low budget, they cannot afford to trade with a broker whose account deposit fee is high and above their range. Some brokers do not cater to the needs of below-average traders and only focus on high-class traders and investors. But not all of the brokers out there are similar. FinuTrade, for instance, prioritizes the needs of every kind of trader either you are a professional with years of experience or just have entered into the trading world like a newborn baby, you will find the broker accommodative to you. In order to cater to the different requirements of its customers, it has developed different trading account options on its platform. You have three trading account types at your disposal, including Micro Account, Standard Account, and Big Account.

Micro Account: As I have mentioned above that FinuTrade has designed these account types to serve each kind of its customers. So this account type is for those traders whose budget is low. The broker offers them relief by asking them to deposit only $250. With this small deposit amount, the broker grants them access to the so-called Micro Account, which is the first account type of broker. However, traders cannot go low below this amount as it is the minimum deposit requirement set by the broker. Mostly, newbie or traders of the beginning level choose to go with this trading account. This account type is filled with some basic trading features. You are provided with good trading leverage starting from 1:1 to 1:100. Moreover, the broker provides you with a tight spread as low as one pip. There is an Islamic account for you available as optional whether you want to use it or not, that is up to you. Hedging is allowed to you in this trading account. Moreover, the broker offers the service of an account manager to you as well. 

Standard Account: The second account known as the Standard account has been introduced for intermediate traders who have earned some exposure to trading and the financial market. The broker asks them to deposit an amount of $5000 in order to open this account for them. The features of this trading account are tight spread as low as one pip, trading leverage starting from 1:1 up to 1:1001, the service of an account manager, Islamic account as optional, and hedging is also allowed to the owners of this trading account as well. 

Big Account: This is the third and final account type that you will come across at the trading marketplace of this brokerage. Known as Big Account, this account is affordable to highly-professional traders as their budget is high, and they can deposit the required amount easily. The minimum deposit amount for accessing this account is $20,000. This account contains all of the features of the first two accounts.

Professionals And Financial Advisors For Your Guidance

It becomes easy to trade when you have the proper guidance of professional traders or advisors who have spent years while trading in the financial market. As FinuTrade is working for the past ten years, therefore, it has put together a vast team of professionals and financial advisors. All of them are ready to guide you when you become a trader of this broker. They help you to execute your trades effectively so that you can earn maximum profits. With their help, you can understand the complex nature of the financial market. They also polish your trading skills in order to help you to become a skilled trader so that you can trade on your own in the market and with confidence. You are open to discuss your trading matters with these highly-qualified professionals. 

Security

If you are new to the online trading world, then I will suggest you go through the security features of the broker you are going to trade with. The reason is that all of your personal information and financial data is in the control of that very broker. And if the security system of that broker is not strong enough to provide protection to your personal information, then it will not be a wise decision to trade with it. Try to choose a broker whose security system is unbreakable and strong. In the case of the security of clients and their personal data, FinuTrade is the best out of all as it has implemented highly-advanced security techniques on its platform for the protection of users and their funds. It keeps your information encrypted to reduce the risk of hacking incidents. Your funds are kept in segregated accounts. Moreover, the broker implies the policies of Anti-Money Laundering (AML) and Know Your Customer (KYC) as well. 

Customer Support Service

In addition to the security of its trading platform, another thing to which this brokerage has paid attention the most is its customer support service. It tries to satisfy its clients by offering them customer support service. To provide customer support service to its users is also one of the broker’s priorities. Its team is available to you 24/6. You can get assistance from the team whenever you want using the support channels such as email, phone calls, and live chat. The broker’s user-friendly team strives to answer your queries immediately.

Conclusion 

If we categorize brokers on the basis of the level of accommodation, FinuTrade will come on the top spot as all of its trading features and services are accommodative. If you want to use these impressive features of FinuTrade, you can immediately sign up with it.

Michael Ellis

Author: Michael Ellis

Michael is an avid cryptocurrency enthusiast and writer. He is the main writer for Cryptocoin Stock Exchange.

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