Finetero Review – Fine-Tuned FX Trading Capabilities?

About the company

Finetero is an online platform designed for efficient trading services, founded in 2018, and providing a multitude of benefits for traders based in more than 150 different countries. The brand wants to remain committed to creating a dynamic and most innovative trading environment that equips users with all the necessary tools for their trading activity. 

Since orders are executed in less than 7.12 ms on average, and since there is an industry-leading trading engine with real-time risk management and a secure and powerful infrastructure powered by Amazon AWS, Finetero has already proven it has a customer-oriented approach. 

Although it has been around for only two years, the brand has already managed to win 6 different international awards, showing that providing high-quality trading services is a top priority for Finetero. 

 

Trading platforms

One of the most important benefits when trading with Finetero comes from the high-quality trading platforms currently supported. The MetaTrader 4 is available, as well as a WebTrader developed by the brand. 

There is also a mobile trader developed for both Android and iOS devices. Finetero believes that traders need the best software when trading volatile markets and because of that, continues to rely on platforms with an established reputation and consistency. 

Finetero WebTrader

Account types

Trading with Finetero means access to online chat support, funds stored in segregated bank accounts, STP/ No Dealing Desk execution, up to 1:200 leverage, a 50% stop out level, variable spreads starting from 0.1 pips, and educational resources such as webinars and seminars.

The trading benefits provided are dependent on the account type chosen. Traders have the ability to open a Bronze, Silver, Gold, Platinum, or Premium account, and take advantage of benefits associated with each one. 

A minimum initial deposit of €200 is required to start trading on a Bronze account, although Finetero advises its customers to deposit more for proper risk management and efficient trading. 

Trading conditions

The forex broker Finetero provides access to tens of different currency pairs, all available with competitive spreads, ultra-fast execution, and for all customers, regardless of the account type chosen. One of the main benefits when trading with this provider comes from the variety of assets that are currently covered.

On top of FX, Finetero offers stocks, indices, commodities, and a rich selection of cryptocurrency instruments. Diversifying or finding the right assets is not an issue for clients, as they can trade whatever suits them best. 

Access to Trading Central Premium Signals and Daily Newsletters, a private account manager, the one-on-one trading academy, access to the Event Room, SMS trading notifications, and more are part of the Finetero offer and are available depending on the account type chosen. 

Finetero advantages

 

Pros

  • Supporting the popular technical analysis tool Trading Central
  • Access to educational resources for all customers
  • Access to Event Room for Gold, Platinum, and Premium accounts

 

Cons

  • Finetero does not cover instruments based on bonds and ETFs
  • VIP services available for Premium account holders only
  • Not regulated by any financial regulator

Summary

Fully aware that there are multiple competitors in the online trading world, Finetero comes with a personalized offer and so far has managed to attract the attention of traders based in more than 150 different countries. The awards it has received until now are an acknowledgment of the hard work and dedication of the team working at the firm. Trading with Finetero offers multiple benefits and since anybody can open an account with a small deposit, the brand is truly working to democratize online trading for everybody. 

 

 

 

1.00 avg. rating (48% score) - 1 vote

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