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Overview

Company FinFX started its activities in 2010, focusing on the provision of high-quality services in the field of brokerage services.

The Head Office of the company is located in Imatra, Finland, and the official site is available in Finnish, German, Russian, English and Spanish.

Broker enables clients to trade on some of the most favorable conditions, and this is confirmed of a large number of accounts with different parameters, starting from Micro and ending with PAMM. FinFX offers various trading platforms for trading, including the world famous MT 4, as well as two platforms, designed for automated trading.

Beginners in Forex trading have the opportunity to pass free training, taking advantage of the numerous video tutorials that are available in different languages.

Customers who do not want to trade themselves or use platforms for automated trading may invest finances in PAMM-accounts of professional managers.

Bonuses

FinFX does not hold promotions and contests for its clients, which allow traders to win various free Forex bonuses for making a deposit or successful trading.

Training

Novice traders can pass free training on the official website of the FinFX using numerous video tutorials, divided into three categories:

- Meta Trader 4

- for novice traders

- Forex trading strategies.

Meta Trader 4:

Lesson #1. Installation of the trading platform. The main features of the platform.

How to install MT4, what are its main advantages, and to do individual settings.

Lesson #2. Platform interface. Trading orders.

Familiarization with the terminal. Closed lots view. Opening and closing of trading positions on Forex.

Lesson #3. Pending orders.

Stop loss and changes in profit indicators.

Lesson #4. Chart addition. Creation of Forex indicators

How to add charts and how to create your own Forex trading strategy, as well creating new technical indicators.

Lesson #5. Charts. Analysis of the foreign exchange market.

Installation of chart templates. Combining of charts for the comprehensive analysis.

Training for novice traders:

Lesson #1. Main advantages of the highly liquid foreign exchange market.

Opportunities that are provided by the Forex market.

Lesson #2. Terms, used in Internet trading.

Terms of the Forex market and its basic principles.

Lesson #3. Order types on the Forex market.

Familiarization with all order types. What are rollover and breakout?

Lesson #4. Efficient trading strategies.

Main concepts of speculative trading. Strategies of successful traders.

Lesson #5. Terms and financial tools.

The most frequently used terms of the foreign exchange market. Analysis of financial tools.

Trading Forex strategies:

Lesson #1. Strategies that are intended for beginners.

Basic principles of the trading strategies creation. Analysis of existing strategies.

Lesson #2. Strategies that are intended for experienced traders.

Improvement of the trader's own strategy, based on the analysis of already elaborated strategy.

Lesson #3. Strategies that allow trading in semi-automatic mode.

Examples of semi-automatic strategies and rules of their use for trading currency pairs.

Demo accounts can be opened after registration for free. Demo accounts are designed for trading using real foreign exchange rates, but with virtual dollars. They provide the opportunity to sharpen skills in trading currency pairs, without risking traders' own finances, and test new Forex indicators, expert advisors and trading strategies.

Terms of trading

FinFX offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- the minimum deposit is $100

- the leverage is up to 1:200

- forty three currency pairs, gold, silver

- spread is fixed from 2 points (the floating one is from 0.4 points)

- no slippages

- no requotes.

MetaTrader 4

- multi-language support

- order execution - Instant and Market Execution

- one click trading

- a wide range of embedded Forex indicators

- addition of new technical indicators

- MetaQuotes Language 4 (operations with Forex trading advisors)

- quotes export via DDE

- chart printing.

Currensee

- automated online trading

- elite managers

- express copying of trading signals

- risk management

- absolutely transparent and controlled trading.

Signal Trader

- trading platform for automated trading

- free subscription to signals of professional traders

- rankings of the most profitable traders

- notification about transactions by e-mail.

Company FinFX offers the following accounts for trading:

- Micro

- ECN

- ECN Pro

- Signal Trader

- PAMM.

Trading account Micro:

- the minimum deposit is $100

- the minimum transaction size is 1,000 (0.01 lots)

- the leverage is 1:200

- spread is 1.6 points

- stop out is 100%

- margin call is 150%

- no commission fee

- no free VPS.

Trading account ECN:

- the minimum deposit is $1,000

- the minimum transaction size is 10,000 (0.1 lots)

- the leverage is 1:100

- spread is from 0 points

- stop out is 100%

- margin call is 150%

- commission fee is $7 for 1 lot

- no free VPS.

Trading account ECN Pro:

- the minimum deposit is $10,000

- the minimum transaction size is 10,000 (0.1 lots)

- the leverage is 1:100

- spread is from 0 points

- stop out is 100%

- margin call is 150%

- commission fee is $6 for 1 lot

- free VPS.

Trading account Signal Trader:

- the minimum deposit is $5,000

- the minimum transaction size is 1,000 (0.01 lots)

- the leverage is 1:200

- spread - Micro + 0.7 points

- stop out is 100%

- margin call is 150%

- no commission fee

- free VPS.

Trading PAMM-account:

- the minimum deposit is $2,000

- the minimum transaction size is 10,000 (0.1 lots)

- the leverage is 1:100

- spread is from 0 points

- stop out is 100%

- margin call is 150%

- commission fee is according to the agreement with the broker's employees

- free VPS.

Forex indicators (recommended)

- Goiler

- Trendwave Indicator

- Steinitz Fractal Breakout

- Executive

- Buy Sell Magic.

Forex expert advisors (recommended)

- FX Nostradamus (an automated Forex expert advisor, based on a technical indicator Parabolic and moving averages, allowing it to set it up both for short-term and long-term distances, but it shows the highest efficiency in the time frame M5 for the currency pair EUR/USD)

- Progressor (a universal Forex expert advisor, which can be adjusted to any currency pair and any time frame; it also can be used as an efficient scalper)

- VSignale v2 (an automated Forex expert advisor that trades using the famous Martingale method, and has been proven itself to be very effective in case of operations with such currency pairs as GBP/USD/EUR/USD).

Investments

FinFX offers its customers to use PAMM-accounts of professional traders, i.e. to invest in them a certain amount for making a profit in the future from trust management. Trading on the PAMM-accounts is completely transparent, and investors can always be aware of the actions of the manager. The managing trader trades on the PAMM-accounts with investors' money, receiving an interest from the obtained profit. Broker undertakes the calculation of the manager's reward for his work on the PAMM-accounts, and its further payment.

Unique features

Online calculators that allow traders to facilitate trading on the foreign exchange market should be mentioned among the unique features of the FinFX.

Forex online calculators:

- Mrgin Calculator

- Profit Calculator

- Pip Calculator

Clients of the broker can participate in an affiliate program, which is designed for obtaining profits from new customers.

Broker offers natural persons to become IB Representatives and attract new customers to the FinFX, who after starting speculative trading on the financial markets will always bring profits to partners who have invited them.

The direction White Label was designed especially for legal persons. This direction provides opening the partner's own business in the field of brokerage services under its own brand, but using all resources available in the FinFX.

Add/withdraw funds

FinFX customers can fund their trading accounts in the following ways: Visa Electron, JCB, American Express, Diners Club, Visa, MasterCard, Moneybookers and bank transfers.

Contacts

FinFX provides customers with the full support via online chat, by e-mail [email protected] (general questions), [email protected] (questions about the Forex market and trading on it), as well as by international phone +358 10 281 0100.

Cons and pros

+ the fast growing European broker

+ the minimum deposit is $100

+ small spread

+ good video tutorials about Internet trading

- small leverage

- no Forex deposit bonuses

- no contests for traders.

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