General Information & Regulation
FinMarket, owned and operated by K-DNA Financial Services Ltd, is an online broker for trading Forex, Commodities, and Indices CFDs. FinMarket currently holds a straight-through license from the Cyprus Securities and Exchange Commission (license number: 273/15).
Markets Instruments
FinMarket offers traders popular financial trading instruments, including Forex, stocks, indices, CFDs, commodities, and cryptocurrencies.
Minimum Deposit
FinMarket offers five different trading accounts for traders to choose from. The most basic account among these five is the Blue one, with the minimum deposit of $250, slightly higher than sector standards. Silver (minimum deposit of $ 5,000), Gold (minimum deposit of $20,000), Elite Membership (minimum deposit of $50,000).
FinMarket Leverage
FinMarket, being a Cyprus-regulated broker, offer the maximum leverage lever for forex trading is up to 1:30, while for professional traders, they can apply for the higher leverage up to 1:200 after their trading knowledge and skills are fully confirmed.
Spreads & Commissions
Spreads vary depending on different trading accounts. The Silver account offers the spread of 1.6 pips on EURUSD, 2.1 pips on GBPUSD, and 1.9 pips on AUDUSD. The Gold account offers a narrower spread condition, with 1.4 pips on EURUSD pair, 1.9 pips on GBPUSD, and 1.7 pips on AUDUSD.
Trading Platform
FinMarket offers traders the flexibility to choose from mobile trading tools, web trading tools, and the market-leading and highly regarded MT4 trading platform.
Deposit & Withdrawal
Traders can withdraw and deposit funds from their FinMarket accounts via wire transfer, Visa/MasterCard, Maestro, Skrill, Neteller, Giropay, etc.