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FxFinance review

On-line since: 2012
Country of origin: Russia
Regulation: -
Payment options: credit cards (Visa/MasterCard), payment systems such as WebMoney, OKPAY, LiqPay, PBR Money, PayPal, Sberbank, and Yandex.Money
Minimum account size: $1
Minimum lot size: 0.00 lots
Leverage: 1:100
Spreads: Forex — from 3 pips, CFDs — from 5 pips

About company:

FxFinance renders services for working in the world financial markets, teaches how to trade, provides analytical materials and reviews as well as advises on investments and financial capital management.

The broker offers one account type which enables trading currencies, gold, silver, and binary options on the MetaTrader 4 and UTIP platforms.

The company's offices are located in many cities of Russia from Vladivostok to Kaliningrad, as well as in the European and the CIS countries such as Spain, France, Switzerland, Germany, Greece, Belgium, Austria, Hungary, Kazakhstan, Azerbaijan, Armenia, etc.

Some special conditions are offered to VIP-clients. Currently, there are 2 VIP statuses, GOLD (for deposits from $50,000 to $100,000) and PLATINUM (from $100,000). VIP clients can join a professional club, attend private functions, master classes, training courses and seminars and also have access to the analytical centre.

For beginning traders, FxFinance has prepared various promotions, including bonus of $100 into a no deposit account.  In order to gain it, a trader needs to join the official FxFinance's group in Vkontakte, open a trading account and fill in a simple request form for receiving the bonus. When the company's managers have the information verified, the bonus will be credited to the trader's account.

The broker belongs to FxFinance PLC (GC FxFINANCE) and is regulated neither in Russia nor in any other country.

Please leave your FxFinance-reviews which will help others to assess the broker's work.

FxFinance 3/10 (votes 1992)
Comments Interested in other brokers?
Author of FxFinance: Mc Laura | Date 2017-11-06
I am still waiting for my profit withdrawal of a $500 from Liqpay system and it has been 2 week of waiting already. Previously, process was quite fast but recently they are having down time approval and I have to wait for so long. I just cannot wait and already contacted to support team but answer totally not helpful. On June 17, I have lost $200 when they cancelled my profit without any appropriate reason. I did received an e-mail from their manager about profit has been cancelled due to invalid trading method also I have violated their term at the same time. It is not make sense, in fact I know I never break any of the rules stated in the trading contract. Due to that, I will close my account no point to wait anymore. Wish more profitable trades with new broker platform soon.
Author of FxFinance: wandik | Date 2017-10-24
https://fxfinance-pro.com/ scam brokers withdrawal not processed for 3 weeks and finally make accused fraud account to client, stay away from this broker, not regulated broker, looking for reason to not pay withdrawal.
Author of FxFinance: fxhanameuho | Date 2017-10-12
I'm new be, and I joined FxFinance 3 weeks ago and I made good earnings with this broker in the first week, about 25% from the deposit, so I decided to make a trading again without withdraw my profit. But my account was blocked and I was rejected to make a withdraw request. Beside that I noticed there are slippages and sometimes my account freezes. I ask to their customer support about the trouble I get, and they told me that my problem is being processed and I hope it is solved soon. I wait until a weeks without their confirmations and what happened is my account has been shut down without any notification from them. If they wish to maintain services like this without making any improvement I think many traders have left them.
Author of FxFinance: buangao chOi! | Date 2017-09-13
It's been two weeks already, but haven't received my money yet! All I got from the is a generic response. They told me to wait and wait and wait...But how long should I really wait? Anyway, the money that I requested to withdraw was not my profit, but own funds. I don't want to continue my trading activities with them after they cancelled my profits worth $96.74 on August 27, 2017 without valid a explanation. They just told me that I extremely violate the rules, and they could not point out which rules I heavily violated! It's totally unfair, because I never used any methods that would endanger my account. I am not an idiot! Yeah, I want money, but it doesn't mean that I would use a prohibited method/strategy just to get what I want! My conscience is clear and again I DID NOT VIOLATE ANY OF THEIR RULES. I plead, but nothing happens. So, I decided to withdraw the money left in my account worth $345.60. That was August 29, 2017 when I told them that I would close my account and withdraw my funds. They told to send my documents for verification purposes, I did, but still they kept holding my money.
Author of FxFinance: Robert | Date 2017-08-16
This broker offers some good terms like different forms to deposit and withdraw your money, and a very affordable mininum deposit, but their spreads are very high and not competititve starting from 3,0 pips, Also I did not enjoyed trading in their platform too much slippages and slow execution sometime it takes 10-15 seconds to process, what means a huge loss depending on the market. Also, because spreads are high you have to make a higher deposit and be careful with your trades, because you start losing money, I deposited 60USD via Paypal I lost with comissions and also lost because of bad trading conditions. For the reasons described I do not operate with this broker anymore.
Author of FxFinance: Sayh | Date 2017-07-06
I've had funds with FxFinance for 3 months now. for about $320 I was lured in at a trade expo months back in Singapore and can safely say there are not many people there who know what they're talking about. I decided to join them and give it a try with just $50. However, I just realize this broker has no responsible with the spread. They just make an ads that their spread is very low. They are really good in talking sales but if you try to trade it at night, then you know what I mean. They just make an ads that their spread is very low. Try to trade it at night, then you know what I mean. My most recent account stop-out is the strangest and most unusual because one moment my perfectly hedged account. All positions were closed in perfect but it was widened and my account was was wiped out with a negative -AUD10.27 balance. There was no margin call but in a flash, my account was blown up. I called the support many times asking how it happened but I am not satisfied with their response. I am now very unhappy and will never recommend them.
Author of FxFinance: honestishwar | Date 2017-06-16
I am an experience trader and wanted to see if this broker is quite good so I tested it and for the past 7 hours of trading today i turned my 100 deposit into $863USD.. Their platform is not the best however this broker seems to be much better than the other broker. They are deinitely not a scam, infact i have withdrawn the profit i made today and I decided to continue my trading here.

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