FinoTrade Fees Spreads and Commission vary according to the account type that the trader is using. FinoTrade and Finotec spread list start from 0.0 pips.
FinoTrade at a glance
| 🔍 Broker's Name | Finotrade |
| 🏛 Headquartered | London, UK |
| 📅 Year Founded | 2007 |
| 🏛 Regulating Authorities | The Financial Conduct Authority (FCA) |
| 🌐 Countries not accepted for trade | None listed |
| ☪️️ Islamic Account (Swap Free) | Yes |
| 📒 Demo Account | Yes |
| 📒 Institutional Accounts | Yes |
| 💻 Managed Accounts | Yes |
| 📊 Leverage | 1:30 |
| 💰 Minimum Deposit | $1000 |
| ZAR | R16 000 ZAR |
| 💳 Withdrawal Options | Safe Charge, Union Pay, Wire transfers |
| 💻 Platform Types | MetaTrader 4 |
| 📲 OS Compatibility | PC and Mac OS, mobile for Android and IOS |
| 📊 Tradable Assets | Forex, indices, and commodities |
| 🌐 Languages supported | English, Spanish, Italian, French |
| ☎ Customer Service Hours | 24/5 |
Min Deposit
USD 1,000
Regulators
FCA
Trading Platform
MT4
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our FinoTrade Fees Spreads and Commission below.
FinoTrade Fees Spreads and Commission Revealed – A Key 9 Point Quick Overview
- ✅FinoTrade at a glance
- ✅FinoTrade Overview
- ✅FinoTrade Fees and Spreads
- FinoTrade Additional Trading Fees
- FinoTrade Broker Fees
- FinoTrade Pros and Cons
- FinoTrade Customer Reviews
- Conclusion
- Frequently Asked Questions
Here is our overview of the FinoTrade Fees Spreads and Commission as well as the features that are offered, which could effect your trading.
FinoTrade Overview
FinoTrade is an FCA-regulated UK broker headquartered in London that was established in 2007 to provide brokerage services to retail and institutional clients and trades under Finotec Limited. FinoTrade provides traders with access to three popular asset classes, namely Forex, indices, and commodities, which can be traded on the popular MetaTrader 4 platform.
Unfortunately, FinoTrade does not publish its spread list or commission structure, so there is no information available regarding at what price these instruments can be traded. FinoTrade offers a good range of account options, but they come with an extremely high minimum deposit. Many beginner retail traders may find this too high as an initial investment.
Still, FinoTrade offers a broad selection of resources for beginners, and advanced traders have comprehensive analytical resources. All traders will benefit from the broker’s securely regulated trading environment.
FinoTrade Fees and Spreads
The spread list from FinoTrade is published on the main broker’s website, Finotec. spread lists start from 0.0 pips
| 📉 FinoTrade spread list: | 0.0 pips |
FinoTrade Additional Trading Fees
FinoTrade does not disclose the pricing regarding its non-trading fees, such as maintenance fees, account fees, or inactivity fees. FinoTrade does charge swap fees, also referred to as overnight fees. A swap or rollover fee is the net interest return on a currency position held overnight by a trader.
| 💳 Overnight Fees | ☑️ |
| 💳 Deposit Fees charged | ☑️ |
FinoTrade does not appear to charge withdrawal fees, although deposit fees are charged. These start from 2.95% for SafeCharge deposits up to $500,000 and 3.5% plus $0.35 for Union Pay. Furthermore, Finotrade’s limited selection of deposit currencies means that traders depositing in smaller currencies will likely incur conversion fees.
FinoTrade Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution. As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency which is different from their account base currency.
| 💰 Spread betting fees | None |
As FinoTrade is not a spread betting broker, and so spread betting fees will not apply.
FinoTrade Pros and Cons
| ✔ PROS | ❌ CONS |
| No deposit fees | FinoTrade does not publish its spread list or commission structure |
| Limited deposit currencies will lead to conversion fees for many traders |
FinoTrade Customer Reviews
Good customer support
Finotrade gives the best support service so I will trade easily . thank you FinoTrade . I feel very fortunate to be part of this unique broker – Ben
No specified account offerings…
Great website with service offerings, more detail is required for live/trading options.. – pamela
Affiliate and IB program on website
I enjoy the opportunities to earn an income through IB and White label programs offered by forex brokers – Dan
Min Deposit
USD 1,000
Regulators
FCA
Trading Platform
MT4
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Overall, Finotrade would be a good choice for high-volume traders and investors of a bigger size. The broker makes is clear about its strive for lower costs and tailored solutions with the opportunity to choose either fixed, variable or war spread with commission charges. It is a reliable company due to its FCA license and the customized solutions they do offer. Finotrade is a UK forex brokerage that offers access to the forex and CFD market through the MetaTrader4 platform.
The broker is part of the Finotec Group and operates TopWellCG, DragonGain (a brand of Finotec Trading UK Limited, which targets mainly Japanese investors), CSI-FX, Sky Clearing, Ballistic Markets, 121 Clearing, and Noa Prime. The main advantage of Finotrade over many of its competitors is the fact that it holds a license from UK’s FCA.
The Financial Conduct Authority FCA applies several requirements to licensed entities, which guarantees the security of their client’s funds.
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Frequently Asked Questions
How do the FinoTrade fees and spreads compare to similarly regulated brokers?
FinoTrade fees are fairly high compared to other similar FCA-regulated brokers.
Does spread betting cost apply to FinoTrade?
FinoTrade is not a spread betting broker therefore no spread betting costs apply.
Does FinoTrade charge overnight fees?
Yes, FinoTrade charges overnight fees for positions held longer than 24 hours.
What spreads can I expect with FinoTrade?
Spreads with Finotrade under Finotec start as fixed spreads from 0.0 pips.
What is the cost of trading with Finotrade?
The cost of trading with FinoTrade starts at $1000.
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