Finior Capital is a newly regulated broker that onboards professional traders and investors. Real trading is possible with a minimum deposit of $1 000. The Finior Capital website is available in English, Arabic and Chinese.
What do we cover in our Finior Capital Review?
|General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.|
Basic information about the broker
- Website address: www.FiniorCapital.com
- Instruments: CFDs- Forex, shares, commodities, indices
- Minimum deposit: $1 000
- Demo account: Yes, free of charge
- Methods of deposit and withdrawal: Wire Transfer
Finior Capital Trading Platform
For FX and CFD trading, Finior Capital offers MT5. A popular platform used not only for executing trades but also for analyzing financial markets and automated trading. MT5 can be downloaded to any computer or can be accessed via just a web browser or a mobile application. The trading platform gives access to around 100 trading assets.
Finior Capital Spreads
As any other CFD broker, Finior Capital charges a spread fee. For the most current spread charges, please visit the Finior Capital.com website. Here is a spread comparison table that contrasts Finior Capital spreads with popular industry competitors.
*Spreads could not be recorded because the broker does not provide any information about them on their website **Spreads recorded on 26.09.2019 at 11:26 GMT from the trading platform of the broker.
Finior Capital regulation
The broker Finior Capital is licensed by the Abu Dhabi Global Market (ADGM) (license number 170018) as well as by the Financial Services Regulatory Authority. Due to the licenses the company holds, they can onboard only traders who can prove they own 500,000 USD or more in net assets.
Advantages and disadvantages
Every Broker has its pros and cons, let’s have a look at the ones that elevate & denounce Finior Capital.
Finior Capital Pros
Finior Capital Cons
- Only proffesional clients (who own more than 500,000 USD in assets)
- Not regulated in the EU/Australia
To sum up the Finior Capital Review
Finior Capital is a newly regulated company that is not very transparent from our point of view. We would appreciate if they could inform their visitors what are the spread charges at least on major currency assets. The broker is also only for professional clients, so be sure you can prove that you own more than 500k USD in assets because the broker is going to verify this. The number of assets is not particularly attractive as the broker features just the most popular assets.
Your review can make a difference to other traders, please leave a comment if you have any personal experience with Finior Capital.
- CFD Trading vs ETF Trading – explained for dummies - January 26, 2021
- Best Brokers That Accept ITIN - December 20, 2020
- Top Hidden Factors Influencing Choosing a Bitcoin Exchange - December 3, 2020