FinFx reviews




Average: 3.4 based on 7 reviews
3.42857
FinFx
FinFx Forex broker reviews

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  • Website: www.finfx.fi
  • Year since: 2010
  • Headquarters: Imatra, Finland
  • Company registration: FinFx Trading Oy, Finland
    Business ID: 2306687-0
  • Regulation: Not regulated.
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    REVIEWS & RATINGS

    Rating interpetation



    United States, KingKiller

    May 7, 2012



    >1 years Total
    1 day Live with this Broker
    1


    The spreads in the Micro account are much too high, and the ECN account has a minimum lot size of 0.1. If your trading style requires tight spreads and small lot sizes, don't even think twice, as customer service isn't willing to work with you at all. Worst broker I have dealt with so far.


    USA, Mark F.

    April 16, 2012



    over 5yrs Total
    demo for over 3 months with this Broker
    2


    At the beginning quotes were timely. But now as I am about to go live I am having problems on requotes "trade context is busy". This has happened during days and slow Asian periods. This afternoon it took over an hour to close a winning trade that turned into a loser. I have been told that it is just a tempory problem demo and will not happen on a live acct. Who wants to take that kind of chance! Same thing happen during the early Asian period. I hate to say it but it seems like it is a case of good broker gone bad!


    Italy, Christian D.

    January 6, 2012



    6 years Total
    2 years with this Broker
    5


    I'm a professional trader, and i work with them since the day they were born.

    Reliable, precise, perfect customer service.


    United State, Mark

    November 6, 2011



    7 years Total
    4 Months with this Broker
    4


    When the 50:1 rule went into effect in US I first moved to MIG, then they stopped accepting US customers so I then found FinFx. I have been very happy with them so far after 4 months.
    Pros-
    -Good spreads
    -Deposits usually credited almost instantly
    -I have withdrawn a substantial amount of profit via wire no problems

    Cons-
    -Some slippage on entry orders but I have seen it go in my favor also so its not a dishonesty thing.
    -Only way to deposit via credit/debit card is through MoneyBookers which I am not a fan of. I would like to see PayPal as well or some other method.


    USA

    July 17, 2011



    5 Total
    2 Months with this Broker
    5


    I have used them on a live account and have had no issues at all. I have used so many crooked brokers or problems with the platforms in the past and am so far please with them. I hope the service continues like its been.


    Poland, sds2010

    March 10, 2011



    6 years Total
    3 months with this Broker
    5


    Very good support, fine spreads


    US

    January 31, 2011



    2 years Total
    3 months with this Broker
    2


    I have experienced MT4 being "disconnected" and "off quotes" several times in the past 2 weeks. Not good when you are trying to close a trade. They have great spreads and reasonable commissions ($7/lot round trip) -- totals about 1.5 pips on EURUSD and 2.1-2.7 pips on GBPUSD. But with the recent connection issues, I'm looking for a new broker.