Finantiko Review

Finantiko Review

General Information

Broker Name: Finantiko
Broker Type: Forex
Country: St. Vincent and the Grenadines
Address: First Floor, St. Vincent Bank Ltd Building, James Street, Kingstown, St Vincent, and the Grenadines.

Customer Service
Phone: +441865679025
Email: [email protected]
Languages: English, German, Polish, French, Slovak, Czech
Availability: 24/7
Trading
Platforms for trading: Sirix Trading Platform
Demo account: YES
Mobile trading: YES
Web-based trading: YES
Bonuses: YES
Account
Minimum deposit ($): N/A

 

Finantiko Review: Conquer the Markets
with Finantiko

Online trading broker Finantiko offers various financial instruments in different asset classes, including metals, forex, futures, indices, shares, and CFDs, for online trading.

In this detailed Finantiko review, our online broker research team covered some of the most critical aspects for future users to consider when choosing the best broker for their online trading needs.

Finantiko Review

What is Finantiko?

Finantiko is a new CFDs provider. The Company is in Saint Vincent and the Grenadines. Finantiko is an ECN trading broker that provides its clients with more than 10,000 financial instruments in different asset classes, including metals, forex, futures, indices, shares, and CFDs.

Besides, the broker allows traders to access various trading features, like fast withdrawals without extra fees, secure payment options, and flexible leverage of around 1:400. In fact, several account options can suit each trader’s needs.

Moreover, they allow traders to connect with trade stocks and financial markets, currency, indices, cryptocurrency, and commodities at the highest level of excellence.

Their trading experts are highly trained and have the experience to answer any question, despite its simplicity or complexity. Moreover, they will work with you and help you strategize and improve results professionally, with friendly manners.
The main goal of Finantiko is to serve traders with an optimal trading environment.
They value simplicity, experimentation, and direct innovation to achieve the ultimate trading methodology.

What Do They Do?

Finantiko grew within a decade from a mere idea to an entire trading enterprise.

They continuously help their clients achieve their goals, short- and long-term.

They provide expert assistance and guidance to beginners and seasoned traders. Even if you want to take up trading as a side hustle, they have the tools to optimize your profits and help you enter a proper trading mindset.

Their clients’ success is their success as well.

They never stop improving and implementing strategies and new tools to their platform. With more than 200,000 satisfied clients, they continue to grow and become better and better.

Find and benefit from high-profit opportunities

Broker Regulations: Finantiko and MiFID II in Europe

The European Parliament and Council adopted MiFID II – The Directive on Markets in Financial Instruments 2014/65/EU that came into effect on January 3, 2018. It regulates the markets with financial instruments to provide investment services and activities within the European Union and European Economic Area. MiFID II aims to harmonize the governing of financial markets and increase efficiency, increase competition, enhance financial transparency, and offer more excellent consumer protection in investment services.

Under MiFID law, an investment firm might freely provide its services within the territory of another member state or a third country, provided that this investment firm’s authorization covers such services. An authorized company fully complies with Europe-wide requirements of good conduct and transparency. Therefore, it is allowed to provide cross-border services. In addition, this investment firm fully complies with the applicable requirements from MiFID II.

Finantiko Regulation

Finantiko Limited operates as a financial investment company under St. Vincent and the Grenadines laws, where the Company is registered. In fact, the Company’s registered address is Saint Vincent and the Grenadines, James Street, first floor, First St. Vincent Bank LTD Building.

However, you can not find regulatory information on the broker’s website. In fact, most users and traders don’t risk and avoid trading with an unregulated broker if they can not offer the level of protection as a regulated broker can offer.

Finantiko All Over the World: Trading Countries

Finantiko allows traders from different countries to open an account with them if their residence permit permits online trading with international brokers. However, the broker does not offer services to users from some countries, such as North Korea, the Islamic Republic of Iran, and the United States of America.

In fact, some Finantiko products and features mentioned in this Finantiko review might not be available to traders from some countries because of some legal restrictions.

Investnmrnt products

Finantiko Review: Investment Products

Currencies – On the Forex Market, you can trade currencies one against another. You could use one money to speculate on another currency’s value. You will learn basic Forex terms, advanced trading strategies, and end-game trading methodologies with the Company’s advisors.

Stocks – Stocks are tiny portions of the Company. The more stocks you own of a specific business, the more potential profits you gain. Moreover, having stocks related to portfolio diversity is less likely to surprise the market and lose your investment.

Indices – By combining several different stocks, you get Indices. Globally-known indices are Dow Jones Industrial Average, FTSE 100, and CAC 40.

Commodities – Commodity trading is similar to stock trading. Investors divide commodities into two categories – Soft and Hard Commodities. You can engage them with Futures Contacts, but those are highly speculative.

Cryptocurrency – They are exhilarating, volatile, and carry huge profit potential. With Finantiko, you have access to thousands of cryptocurrencies to trade on crypto exchanges.

 

Trading Platforms

The Company designed its trading platforms to ease the trading process and allow quicker trading.

  • Platform station, along with Platform Mobile and Platform Web, is the Latest PLATFORM Version
  • All features are accessible on any device.
  • It is User-friendly, with a high level of customization available
  • New trading tools, economic calendar, with an option for One-Click trading

Finantiko Review: tarding platforms

 

Finantiko Broker Review of Trading Education

 

The broker’s website also contains educational resources that can improve traders’ knowledge and trading skills. Moreover, the broker provides its clients with some free training tools and market analysis. There is also a section for frequently asked questions on the broker’s website that shows instant answers to the common questions that clients might have.

Instruments

The broker allows traders to access online trading of around 10,000 financial instruments in different asset classes, including forex, metals, futures, shares, CFDs, and indices.

Finantiko.net: Broker  Accounts and  Fees

The broker offers traders various choices of different trading accounts to satisfy the trading needs of traders of all levels. In fact, it provides each account type operated with varying currencies that traders can choose. However, if your preferred currency or local currency is not available, you might still use the available currencies, and it can automatically convert your deposits and withdrawals. You should also note and accept that the broker can not control conversion rates as they are systematically computed.

Finantiko Review: broker accounts

Withdrawal and Refund Policy

  1. A Refund will be made in the same currency and to the same account from which the card initially deposited the funds. The Company can cancel the Withdrawal request in 7 business days if a Client does not provide the Company with the banking account details for a withdrawal request through wire transfer. It must be an official document with the stamp and logo of the Client’s Bank. In fact, the official document must include the following information: IBAN /account number, SWIFT/BIC; routing number, client name, bank name, and address.
  2. The Company might also charge a commission on deposits to the Trading Account and refunds, including fees for transfers. Depending on the payment solution, the cost will be 25 – 60 Euro for every transfer or withdrawal request.
  3. You should submit the Withdrawal requests through the Company’s website. It is not the Company’s obligation to process Withdrawal requests transmitted by any other means.
  4. In case of a Withdrawal request made by the Client, the Company must transfer the requested amount within seven Business Days after the Client was identified by the Company subject to the Margin requirements, as set by the Client Company.
  5. The Company can also cancel the Withdrawal request if, according to the Company’s discretion after the refund, the remaining balance is not sufficient to guarantee the open trades in the Trading Account.

Additional details

In exceptional defined circumstances, the Company might make refunds to the card from which the funds came from:

After a card transaction, the Client was not verified within 14 business days. Moreover, the Company identifies that a third person made a transaction. In fact, the Brokerdetermines that a Client breaks accepted Client Agreement Terms&Conditions. Therefore, Finantiko also will not deduct any commissions from the card refund.

Finantiko.net Broker  Deposit & Withdrawal Options

  • Credit/Debit Cards – Visa, MasterCard, and Maestro
  • Standard Payment Processors include American Express and more
  • The accounts are in USD, GBP, EUR, and AUD.
  • Some payment methods might not be available to some specific countries

The transaction limits, fees, and processing time might vary, depending on the payment method or provider

 

FinantikoRview: Customer Support

The broker also has a dedicated customer service team available 24/5 to answer clients with technical, general, or account-based inquiries. In addition, clients can reach the customer service team via email, telephone, and online Live Chat.

customer support

Finantiko.net Broker: Account Opening

Opening a live trading account with the broker is easy that involves three simple steps:

First, click on the sign-up on the broker’s website and fill the form while supplying the required relevant information.

Secondly, one should verify their identity by uploading an identity card and proof of address documents registering to their Bank ID.

Once you receive the approval of your trading account, you can fund and start trading online the various assets the broker offers.

It is essential to know that you read all of the broker’s terms, conditions, and policies when you are going through a broker application. Only continue if you fully understand and agree to the terms and conditions.

The Review Conclusion

Finantiko is an online trading broker operating from Saint Vincent and the Grenadines. The Company provides clients with more than 10,000 financial instruments in different asset classes. The broker offers traders various trading conditions, including secure payment options, flexible leverage of more than 1:400, and fast withdrawals without extra fees. In addition, they provide different account options to suit each trader’s needs. In fact, the safety of the Client’s capital is the highest priority for the Company, and all customers’ investments are protected. To keep it short, you can consider trading with Finantico if you are looking for a potential broker.

It would be best to consider if your experience and knowledge are suitable for trading derivatives and if you can afford to take all the risks involved in trading.