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Finam review

Finam


On-line since: 2002
Country of origin: Russia
Regulation: the Cyprus Securities and Exchange Commission (CySEC)
Payment options: WebMoney, bank wire, payment cards
Minimum account size: $100
Minimum lot size: 0.05 lot
Leverage: 1:500
Spreads: floating from 1 pip (no swap)

About the company:

Finam is one of the largest brokerage companies in Russia. Currently, it controls over 18% of the the country’s investment market. The broker’s total trading turnover on the stock market exceeds $145 billion. Finam services are available in 97 cities of Russia.
Finam is a member of NASDAQ, the US electronic stock exchange. The company has branch offices across the United States and the European Union as well as in the largest countries of Southeast Asia. The broker also provides financial services to Japanese and Chinese investors operating in the Russian securities markets.
Finam Holdings has received a number of prestigious awards such as Financial Olympus, Financial Elite of Russia, and Elite of Stock Market.

Finam 6/10 (votes 3912)
Author of Finam: Bonahor | Date 2021-07-27
Opening an account on Finam is so easy and fast. I like their web-platforms and specially the way I can manage my trades. The deposit and withdrawal methods are also very easy so fast. The support was very helpful when I had a few questions in mind. I highly recommend this broker to all.
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Author of Finam: Decherv | Date 2021-05-17
Finam offers decent trading services but I feel that their payment methods are a little limited. Personally, I do not want to used my personal bank accounts to invest on Forex and it is disappointing that Finam does not accept transactions from my e-wallet.
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Author of Finam: Jepun | Date 2020-12-04
I'm so disappointed with Finam broker. They stole my money. I have been trading with them for five months. Everything was going well in the beginning, but day by day their service quality is terrible. I have earned a profit, and I wanted to withdraw it. I have sent a withdrawal request, but they didn't process it. I called customer support, and they said I couldn't withdraw the fund. I asked them for a reason, but they keep telling the unclear reason. I have lost All profit I gained in 5 months. I decided to close my account at this broker. To all traders, better stay away from this broker before they steal your money.
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Author of Finam: Fakhril | Date 2020-06-25
I am also extremely impressed with their fastest Deposit and withdrawal method. I feel my money safe because they have a high level of security. I'm not a professional trader yet and but I mostly win as I always use smart analytical section. I'm 100% satisfied with them. Those who want to deposit no need to worry they will have no any problems with Finam.
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Author of Finam: Reone | Date 2020-04-23
I am with Finam for 4 months. I invested $500 on another real account. Right now, my monthly income form forex is around $300. Trading is always smooth with them, no problems with the platform or charts, trades are instantly executed. Another important thing that when I choose a broker who provide technical support. Technical support of Finam works 24/7, you can get answers to any questions. Deposits and withdrawals are pretty fast so there is nothing more to ask for.
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Author of Finam: Natalia | Date 2020-01-30
With only a hundred dollars, I was able to start a trading account at Finam. When I started, I a had a lot of doubts but these were all wiped away by my account manager who reassured to assist me all the way. Indeed, he regularly provided me with advice and recommendations on what I could do to have winning trades. He was a huge help and I am earning quite well now in a consistent manner.
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Author of Finam: Nando | Date 2019-12-17
I am a client of Finam with a Micro trading account and a first deposit of $900. I had a recommendation from a friend regarding this broker. Their MetaTrader 4 platform works fast, there aren't delays even in volatility times, no re-quotes and real time prices. The broker is not manipulating the prices during volatility times. I trade with them metals, commodities and shares. I applied for Welcome Bonus within 2 working days in my account. My monthly profit is $1140. I trade also EUR/USD for which I have an EA. Till now I am pleased with their services.
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Author of Finam: Kristin Juliana | Date 2019-09-12
I have been trading with Finam Brokers 9 months ago and I am happy with their trading environment. Low spreads and cheap commissions. Good executions, they are geared towards professional traders. I never has disconnecting problem, or freezing chart problem. I keep $700 account there with 55% monthly average return. Until now I have made 10+ withdrawal and my every withdrawal were processed within 24 hours. My last withdrawal $400 and the payment was made after 4 hours via WebMoney. Everything is ok prefect
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Author of Finam: Hpear | Date 2019-08-07
Finam is definitively the best forex broker I have used. I am running about 2 EA's with average of about 40% a month profit return without any hassle. Last month using scalping strategy on volatile market, I have made more 10 orders, with total profit close to $347. Apart from this, they do not take time to process my withdrawal request. My last withdrawal was $250 through Skrill and they took 4hours to processed it. I hope they will keep up this good work.
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Author of Finam: Fita | Date 2019-06-18
Finam is a good choice of broker for beginners. They have a reasonable minimum deposit required and tight spread. I have been with this broker for six months and I am pleased with my trading experience. They offer multiple platform versions and they are all working in good condition. I have tried withdrawing once with the amount of $100 and it was processed within just 2 days.
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