CFD Review: Finexo

Important Facts 
  • Regulation: Finexo is one of the trading names of Safecap Investments Ltd. who hold a full Cysec licence which allows Finexo to accept clients from throughout the European Union. 
  • Instruments: Forex, Stocks, Commodities, Indices and Bonds. 
  • Features: A range of trading platforms and a impressive range of instruments, as well as demo accounts. 
  • Leverage: Up to 200:1 on Forex, Up to 100:1 on Commodities & Bonds, Up to 20:1 on Stocks.  
  • Minimum Deposit: $100 
The Platform 
As Finexo is a brand in the Safecap Investments stable, the offering is pretty similar to that offered by it’s sister sites ECMarkets, & ForexYard. At the core of the Finexo offering is the well known MetaTrader 4 platform which is still a favorite among many traders even with the advent and rise of MetaTrader 5. The MetaTrader 4 platform offered by Finexo functions just as one would expect and allows traders to use Expert Advisors without any trouble the only problem being that Stop Losses must be set a 80pips away from the current price when using an Expert Advisor. Their is of course a standard web trading platform which works perfectly well even if it’s not the best solution in the world and allows one to trade when they are not on a computer equipped with Finexo’s MetaTrader software. Their is also the option to use the Mobile Version of the MetaTrader 4 platform which I have to say has pretty decent functionality for a mobile trading platform and allows you to trade on the move quite easily. In addition to these platforms clients can opt to use Finexo’s AutoTrader which I believe is powered by AutoChartist a well known social trading platform but not quite as comprehensive as other social trading platforms out there. 

Special Features 
Their is nothing particularly unique about Finexo in comparison to it’s sister sites. However, the Safecap Investments offerings have a number of benefits. For one Safecap Investments offer a wide array of instruments for trade including a number of bonds which is not something that is availiable everywhere. They also offer a number of different platforms to trade through, while again hardly being unique its still something that may be valuable to the trader. 

Again being a member of the Safecap Investments group Finexo spreads do not differ from those of the other companies in the group. While Finexo’s spreads aren’t the most competitive in the industry they are still tighter than the spreads on offer at number of well known European Regulated brokerages. The spreads on offer on the Stocks and Commodities vary greatly depending on the instrument with some of these spreads being very competitive while other spreads not being being particularly great. It should also be pointed out that Finexo only offers fixed Spreads on Forex and a number of Commodities, so spreads are liable to change during periods of high volatility.  

Customer Service 
Customer service at Safecap Investments companies is generally understood to be pretty decent. Their are a number of different ways that one can get into contact with the customer service staff at Finexo firstly they provide several different telephone lines for major European Countries to phone into, as well as providing Live Chat 24/5 and various email addresses. Every time I have dealt with customer services at Safecap Investments I haven’t had any major problems and have had my inquiries dealt with properly, therefore I don’t have anything negative to say about the customer service at Finexo. 

Finexo is the trading name of Safecap Investments Ltd. who hold a full Cysec licence. As Cyprus is a member state of the European Union this allows Finexo to operate and accept clients from all 27 EU member states. While Cysec regulation isn’t considered the toughest regulatory regime in the world, Cysec regulated companies are meant to operate in full accordance with the MiFID directives which provides a good level of basic protection. As far as I know Safecap Investments has not received any fines or penalties from Cysec in regards to breaches of regulation.

Overall, Finexo would be make for a decent brokerage to pick depending on what instrument you wish to trade.


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