FinFX Review
Note: FinFX has closed and is no longer operating. We recommend clients explore other quality brokerage options available on our site. You can view our other quality broker listings here.
FinFx brand, FinFx.com and bcfxbroker.com are brands and domain names operated by Best Choice FBC ltd, a Cyprus Investment Firm regulated by the Cyprus Securities and Exchange Commission (CySEC) under license # 234/14.
Finfx.com and BCFXBroker.com are operated in accordance with MiFID of the European Union. FinFx brand is one of the most known ECN/DMA currency and commodities broker specializing in online trading services for international clients. It has gained significant status in the international forex markets for a long time and is growing steadily. Every day new traders open accounts with FinFX/BCFXBroker and start investing in the currency market.
Typical Spread on Majors
| EUR/USD | 0.5 |
| GBP/USD | 1.1 |
| USD/JPY | 0.6 |
- Company Info
| Headquarters | Limassol, Cyprus |
| Type of Broker | ECN/STP & DMA/STP |
| Founded | 2010 |
| Regulated By | Regulated By CySEC (Cyprus) |
| Offices In | Cyprus |
| Supported Languages | English, Russian, German, Croatia, Serbian, Bosnian, Greek, Slovenian, Finnish, Romanian, Hungarian, Hindi, Urdu, Arabic, Japanese, Korean, Italian, French, Vietnamese, Spanish, Slovak, czech, Polish, Portugese, bangla, turkish |
| ESMA Regulation ? | This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | EUR, USD, GBP, CHF |
| Minimum Deposit | $100 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | No |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | $3.5/Lot (ECN account) per side, $3/Lot (ECN Pro account) per side |
| VIP Accounts Offered | Yes |
| VIP Account Requirements | $10,000 Minimum Deposit |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | Yes |
| API Solutions | Yes |
| Mobile Trading | Yes |
| Web Based Trading | No |
| Funding Methods | Credit/Debit Cards, Wire Transfer, Skrill |
| Withdrawal Methods | Wire Transfer, Skrill |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 for Mac, MetaTrader 4 iOS, MetaTrader 4 Android |
| NO of Pairs | 50 |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | No |
| Email Alerts | No |
| Mobile Alerts | No |
| Trading Server Time | GMT + 0 |
| Demo Account Expiry | 30 Days of inactivity |
| VPS Offered | Yes |
| Free VPS Conditions | Free for ECN Pro Accounts |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 200:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Execution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | No |
| Option of FIFO | No |
| Liquidity Providers | 10+ |
| Negative Balance Protection | No |
- Additonal Instruments
| Metals | Yes |
| Oil | Yes |
FinFX Reviews
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