Finaguide Feview

Finaguide Feview

General Information

Broker Name: Finaguide

Broker Type: CFD

Country: Saint Vincent and the Grenadines

Operating since year: 2022

Regulation: /

Address: Beachmont, 320 Kingstown, Saint Vincent and the Grenadines

Broker status: Active

 

Customer Service

Phone: +18009516353

Email: [email protected]

Languages: English

Availability: 24/5

Trading

The Trading platforms: Proprietary

Trading platform Time zone: /

Demo account: No

Mobile trading: Yes

Web-based trading: Yes

Bonuses: No

Other trading instruments: Yes

Account

Minimum deposit: $250

Maximal leverage: 1:400

Spread: Floating

Scalping allowed: Yes

REVIEW CONTENT

  • General Information & First Impressions
  • Fund and Account Security
  • Registration at finaguide.com
  • The Trading Accounts
  • Finaguide’s Trading Platform
  • Funding and Pricing
  • Finaguide’s Trading Products
  • Customer Service at Finaguide
  • Conclusion

 

Broker Review: Finaguide

Broker Review: Finaguide

General Information & First Impressions

Finaguide is a new online brokerage that started operating in 2002. It aims to be a midrange broker, attracting traders that are already self-sufficient to an extent. Our Finaguide review will take a deep dive into a variety of the broker’s core features, such as safety, pricing, and versatility. We’ll present our findings so that you can form an accurate opinion of the company.

One thing that’s noticeable straight off the bat is that Finaguide values clarity quite highly. We can see that from the way it set up its website, with an easy-to-follow structure and richness of information. It doesn’t drown the user in useless data, severely reducing the time you need to absorb information. Also, it doesn’t waste as much time as you don’t need to rifle through meaningless content to get to what’s important.

So naturally, that’s a good starting point for our finaguide.com review. However, it’s also important to note that Finaguide is a CFD broker. While some may not prefer that, we believe it strengthens the broker’s service significantly. First, it lets it organize a vast library of trading assets, giving traders more options. Secondly, it avoids potential liquidity issues and things such as slippage. As such, the CFDs create a more streamlined experience without really taking away anything.

So as far as function and security go, Finaguide passed our initial screening with flying colors. It has numerous qualities we can laud and checks out as a company. It prominently displays its address and contact info, meaning you can easily locate the company. Also, it operates from Hong Kong, which is a fairly strict regulatory area.

Fund and Account Security

Fund and Account Security

Safety should always be among your first concerns when choosing a new broker. The online financial world has a lot of bad players in it, and that isn’t only limited to hackers. Namely, a lot of scam companies have been popping up, many of them offering unreal trading services. Sadly, it’s mostly up to the trader to inspect such companies as there’s often very little protection against them. Here in our Finaguide review, we’ll see how trustworthy the broker is and how it handles safety.

As we said earlier, Finaguide checks out on multiple fronts as far as trust and security go. A good part of that comes from its location in Hong Kong alone. As we know, companies need to adhere to their local legislation to carry out their operations. And Hong Kong is much stricter than most popular broker locations, ensuring the validity of Finaguide’s operations.

Furthermore, the way the broker set up its website and legal docs is more proof of its honest intentions. The no-nonsense approach lends the broker credibility as it looks to be trying hard to inform potential customers. That sets it apart from scams that try and obscure as much as they can without tipping victims off.

That approach is also noticeable in the legal documents at finaguide.com. You won’t be thrilled to read them, but you can get through and comprehend them without a legal professional. That’s all you can really ask a broker to do, and it’s another sign of goodwill from Finaguide.

As far as external measures go, the broker does well to protect its users against hackers with measures such as encryption and authentication. That, along with its internal safety protocols, goes a long way towards preventing intrusions.

Registration at finaguide.com

Registration is a fairly simple process at Finaguide, and you can initiate it via the start trading button. It’s in the top right of your screen and is in purple-pink hues against a black background, so it’s quite noticeable. There are also numerous other buttons that do the same thing, and they’re all aptly named. Overall, navigating to the registration form shouldn’t present an issue to anyone.

Once you do so, you’ll need to submit some basic data about yourself. It includes your name, age, and address, which is the minimum a broker can ask for. Of course, that’s for later identification purposes as well as ensuring you’re within the broker’s service requirements. You’ll need to be of legal age, and traders from North Korea and the USA won’t be able to join Finaguide. That also applies to traders who can’t form legally binding contracts with the broker due to their country.

The registration screen includes some useful secondary options, such as determining whether you want to receive communication from Finaguide. There’s also an option that allows you to select your account’s base currency, as well as a referral code field.

The Trading Accounts

As we said earlier in our Finaguide review, the broker is midrange, meaning its base account requires a $2,500 deposit. That’s still not a massive ask in the finance world, but may be a bit daunting to first-timers. Nevertheless, the account is well worth the price point, as the broker made sure the features matched the requirement. It omits any extra fees from transactions, unlocks the educational material compendium, and offers curated insights. As some are aware, assistance features like that usually come much later in a broker’s account structure.

The accounts scale gradually instead of having massive jumps between them. That allows traders to feel a sensible progression as they become more confident with the broker. The $5,000 option unlocks Islamic accounts and some extra features, and the follow-ups unlock additional luxury. So if you’re a high-end trader that’s used to brokers pampering you a bit, Finaguide still has something for you.

Overall, the structure creates a fair experience regardless of knowledge level and allows everyone to compete. The broker offers versatile conditions and affordable pricing to everyone, so you won’t feel goaded into depositing larger sums. The best account at Finaguide really comes down to your personal preference, and you can upgrade at any time.

Here are some of the account properties at finaguide.com:

Beginner

  • $2,500
  •  Basic access to trading instruments
  •  One-click trading enabled
  •  Mobile trading allowed
  •  No extra fees on transactions
  •  EUR, USD base currencies
  •  Educational resources and tools
  •  Daily market analysis and insights

Standard

  • $5,000
  •  Basic access to trading instruments
  •  Islamic/swap-free trading accepted
  •  One-click trading enabled
  •  No extra fees on transactions
  •  EUR, USD base currencies
  •  Educational resources and tools
  •  Daily market analysis and insights

Intermediate

  • $25,000
  • Basic access to trading instruments
  •  Islamic/swap-free trading accepted
  •  One-click trading enabled
  •  No extra fees on transactions
  •  Educational resources and tools
  •  Daily market analysis and insights
  •  Financial markets coverage

Advanced

  • $50,000
  • Key market SMS & Push alerts
  •  One-click trading enabled
  •  No extra fees on transactions
  •  Educational resources and tools
  •  Daily market analysis and insights
  •  Financial markets coverage
  •  Exclusive market updates

Integral

  • $100,000
  •  Full access to trading instruments
  •  Private account management
  •  Key market SMS & Push alerts
  •  Educational resources and tools
  •  Daily market analysis and insights
  •  Financial markets coverage
  •  Exclusive market updates

VIP

  •  $250,000
  •  Custom access to trading instruments
  •  Private account management
  •  Receive our very best prices
  •  Trading strategies allowed
  •  Exclusive events and promotions
  •  Real-time priority support
  •  Exclusive market updates

Finaguide’s Trading Platform

Finaguide's Trading Platform

Finaguide has an innovative and technically sound platform you can access via a downloadable terminal, WebTrader, or Android/iOS apps. It has trading and charting tools with a broader range of markets and quick execution. It also minimizes trading costs via tight spreads, thus offering a transparent trading experience. It’s also worth noting the interface is excellent, meaning it’s easy to adapt to using finaguide.com’s proprietary platform.

Funding and Pricing

We’ve mentioned the broker’s affordable pricing multiple times throughout our Finaguide review, but it’s time to reiterate. The broker omits any extra costs while depositing or withdrawing money while providing tight spreads. That does wonders for your bottom line, as it minimizes the actual cost of using the service. Getting to keep more money in your pocket is always good, so it’s quite a significant benefit.

Funding your account is similarly great, as it’s simple to navigate to the deposit/withdrawal page. Once you’re there, the broker presents you with a variety of different options you can use to move funds. It includes many popular methods, so we’re confident you’ll find one you’re content with.

It’s also important to note that all the transactions process quickly. That’s especially meaningful when switching from another broker, which can cause downtimes while you transfer funds. Those downtimes can cause missed opportunities, and Finaguide eliminates that risk.

Finaguide’s Trading Products

Finaguide’s total selection of assets comes up to over 1,200 entries. As we said earlier in our finaguide.com review, the broker’s CFDs allow it to create that versatile library. That has numerous trading experience implications, from making it easier to find undervalued assets to simpler portfolio diversification. Overall, the broker’s broad selection plays into its versatility and openness. Here are the asset classes you can expect on finaguide.com:

  • Currencies
  • Commodities
  • Indices
  • Digital Pairs
  • Stocks

Customer Service at Finaguide

You can reach Finaguide’s responsive team easily during most trading hours. The support operates 24/5, and you can reach it via telephone, live chat, or email.

Phone: +18009516353

Email: [email protected]

Customer Service at Finaguide

Conclusion

Finaguide is one of the rare new brokers that actually prove their value to customers. While a lot of brokers coast along with standard conditions and rely on marketing or chance to attract users, Finaguide approaches them differently. It organized a strong trading feature catalog that promises a comfortable and profitable experience to users. On top of that, it also included various security features that are sure to keep customer funds secure.

Overall, we predict Finaguide will grow quite a bit in the future as it stands out against the grain. To wrap up our Finaguide review, we’d suggest trying the broker out as it has exceptional qualities.