Finetero Review

Details

Broker Finetero
Website URL https://www.finetero.com/Home
Founded 2018
Support Number 1-718-488-5710
Support Types Email and Phone
Languages English
Trading Platform MT4 | WebTrader | Mobile Trader
Minimum 1st Deposit € 200
Minimum Account Size € 200
Bonus No bonus
Leverage Up to 1:200
Spread Variable
Free Demo Account Yes
Account Types Bronze , Silver , Gold , Platinum , Premium
Deposit Methods Credit/debit card , Wire transfer , Cryptocurrency , e-wallets
Withdrawal Methods Credit/debit card , Wire transfer , Cryptocurrency , e-wallets
Number of Assets 1,000+
Types of Assets Forex, Shares, Indices, Commodities, and Cryptocurrencies
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 91

Pros

  • Competitive trading conditions for a broad range of instruments
  • Trusted platforms currently supported
  • Enhanced security features available

Cons

  • Limited trading features for Bronze accounts
  • 3.5% withdrawal fee via credit/debit card

Finetero is a CFD trading provider, currently working for customers based in more than 150 countries. The brand has a global presence and alongside the London headquarters, it runs operations via multiple other offices, based in large cities like Limassol, Cyprus.

Finetero logo

Its main target markets are the European Economic Area, the United Kingdom, Australia, and plenty of other countries where local regulations are not contrary to the trading services provided by Finetero.

With CFDs based on forex, stocks, indices, commodities, and cryptocurrencies, Finetero is a true multi-asset trading brand, ensuring that customers get to benefit from the market volatility by gaining diversified exposure on a handful of assets.

Innovative trading software, multiple account types, educational resources, customer support, and other notable trading conditions will be covered in our Finetero review, designed specifically to provide a comprehensive analysis of the provider.

Trading Platforms

Because it is an awarded online trading brand, Finetero relies on some of the most reputable trading platforms. MetaTrader 4 is still a top pick among retail CFD traders, thanks to its rich pack of tools and features. Traders can use any technical analysis strategy or some of the free expert advisors available thanks to MetaQuotes.

 

MT4 can be used not just for FX trading, but also for stocks, indices, commodities, and cryptocurrencies, the other asset classes currently supported by Finetero. Volatile market conditions are not an issue for MT4, a platform with more than 16 years of existence.

The trading offer is well-diversified and because of that, traders can use a WebTrader alongside MT4. Sirix is an award-winning trading platform offering all the trading functionalities one would expect from optimal software. It can be customized based on each trader’s tastes and at the same time, it does not require any installation.

While on the go, traders need to keep a close eye on their trading accounts, especially when they hold open positions. The Finetero Mobile Trader had been designed specifically for that task. On an Android or iOS device, this solution can work smoothly, ensuring traders can adapt to changing market conditions.

Account Types

Traders working with Finetero have the ability to choose between 5 different account types, tailored towards different trading needs. While trading is available from deposits of €200, the brand recommends its Bronze account starting from a low €1,000 deposit.

It is up to each trader to decide how much should be deposited. Each account has several features such as a relationship manager, premium signals from Trading Central, a private one-on-one trading academy, and some other premium features available for those that can upgrade to a higher account.

Finetero account types

The Finetero trading offer currently includes Bronze, Silver, Gold, Platinum, and Premium accounts. All accounts receive online chat support, demo account, segregated bank accounts, STP/no dealing desk, access to all trading platforms, up to 1:200 leverage, access to an online education center, webinars, seminars, and variable spreads starting at 0.1 pips.

Trading Conditions

What traders need to consider is that trading conditions will heavily depend on the account type chosen. However, as previously mentioned, there are multiple benefits available for all customers. The Finetero market news will keep them updated with the latest market developments.

One of the main trading benefits is the TipRanks Stock widget, consisting of three modules (analyst consensus & price target, hedge fund activity, and insider transactions).

European traders need to know that according to the latest regulatory requirements, Finetero will categorize them as retail or professionals. The maximum retail leverage is 1:30, while for professionals it can go as high as 1:200.

Customer Support

All registered customers will benefit from a relationship manager that can assist with any issue regarding the services provided by Finetero. On top of that, the customer support service is available via email or a phone number available on the official website.

Finetero offers customer support in English. There is a team of professionals currently available, standing ready to act 24/5 each time clients need their assistance.

Summary

We conclude our analysis by saying that Finetero is an award-winning online trading brand and with that, there can be no doubt about the quality of the trading services provided. FX CFD traders, as well as those who want diversified exposure to a broad range of assets, will find at Finetero a customer-oriented approach and willingness to satisfy all demands.

As a global trading brand, Finetero is flexible enough to provide different trading conditions, via multiple trading platforms and accounts, combined with other educational resources and trading tools designed to help traders throughout their daily operations. We believe Finetero is a brand you can trust.

 

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