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FxFinance review

FxFinance


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)
Author of FxFinance: Simon | Date 2022-11-17
My trading experience is horrible on FxFinance’s platforms. I can't open any positions at a live price quote or I can't close profitable orders. So I have lost almost $650 so far. Now I am stoped trading with them and withdrawing my $1K investment. Overall FxFinance's service is awful to me.
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Author of FxFinance: Slolo | Date 2021-10-12
I have been trading with FxFinance for a year, and they always have satisfying services for traders. I'm using their MT4 platform, which is stable and working perfectly. I like their advanced trading tools, it's really helpful. I have calculated my profit since I joined them, I managed more than $2000 profit during trading with FxFinance. They have low-cost trading and no hidden commission.
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Author of FxFinance: Bhobes | Date 2021-10-07
I do not like FxFinance. For trades execution it takes a bit longer compared to other brokers. They never let me closed profitable trades. Besides this, after requesting a withdrawal, they cancelled my trading account. My effort and my time were wasted trading with this broker.
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Author of FxFinance: Lydan | Date 2021-07-29
Out of the many brokers in the market, I decided to open an account at FxFinance because not only do they have a good reputation, their trading conditions are also favorable. Their minimum initial deposit is reasonable, the platform is stable, the fees are low, and the payment system is efficient.
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Author of FxFinance: Evgeni | Date 2020-09-18
I'm happy trading with FxFinance. Based on my experience I can say that they are an honest broker. In the beginning time, I open an account and I requested for $100 no deposit bonus. After two days, I received that bonus. That $100 credited to my account, it was really nice beginning for me. From that money, I started to trade and finally managed to profits. I have stable profit now, I earned mostly $300 monthly. With a good quality trading platform, they also process deposit and withdrawal fast and on time. What a good broker, they never give me bad experience since I joined them.
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Author of FxFinance: Fose | Date 2020-08-14
I just want to shared my bad experienced to this broker, i really don't like their support because they keep me waiting in funds withdrawal. Online software is not reliable despite several bug fixes, it still keeps hanging and they will not compensate for the errors that occurred from their online platform.
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Author of FxFinance: Matt Edelman | Date 2020-06-10
FXFINANCE UTIP Trader is a painful and bogus platform I have ever seen in the market. Last six months I have traded with FxFinance broker in a UMAM account, but their platform failed to given a good result so far. Here I can't set my desire position and always the orders executed 20 to 40-sec delay. So I always get 10 to 20 pips requotes, sometimes the platform is too busy that it was disconnected from the server. So my customized EA didn't work. I also found they charged much spread in the high volatility market. Besides for their bad service, I have seen many negative reviews on Facebook and forums. Therefore I have moved from FxFinance broker, so I think also you don't want to become angry with them.
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Author of FxFinance: Khun Mae | Date 2020-05-08
Trading platform that they use is very unstable, a lot of distractions. But their customer support can only be reached at a time when a certain time, not online 24 hours and the service unfriendly. I often had difficulty opening the website provided by Fx Finance. should provide crucial information to all traders who have joined with this broker. Now you must close your account here.
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Author of FxFinance: Rosana | Date 2020-02-03
I don’t know what happens with this broker, I have had several losses 3 weeks ago due to collapses of the platform at the time of setting the prices. I set buy orders on EUR/USD with corresponding SL and TP and the order was automatically changed to a sell order without my consent! The conditions were not adequate to fix sell orders, I had a loss of $230! That is not acceptable for me. I contacted to support team by chat, email, and phone but they are unreachable. I am really disappointed with this broker.
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Author of FxFinance: Bayi | Date 2019-12-06
I tried the demo account at FxFinance and they offer the MT4 platform which is favored by most traders. The trading experience went well as well. The platform lagged at times but it is still in good condition most of the time. However, the reason I did not open a live account at this broker is the fact that they are not regulated. I don't want to risk my money on a broker which I know lacks security. Of course, I want to make sure that my investment would be safe.
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