Finarix review explores an offshore broker that offers forex and CFD trading via a proprietary web platform. Despite marketing itself as a modern trading solution with access to global markets, Finarix operates without regulatory oversight and has been associated with multiple investor warnings from European financial authorities. Concerns over fund safety and transparency persist.

Regulation and Safety

Finarix is not regulated by any recognised financial authority. It has previously claimed incorporation in offshore jurisdictions such as Saint Vincent and the Grenadines, but no verifiable license or operational oversight exists. The UK Financial Conduct Authority (FCA) and Belgium’s FSMA have both issued public warnings advising investors to avoid Finarix due to unauthorised activities. There is no client compensation fund or guaranteed fund segregation.

Execution Model and Trading Platforms

Finarix offers trading via a proprietary web-based platform and does not provide access to industry-standard platforms like MetaTrader 4 or 5. The execution model is not transparently stated, but based on the structure, Finarix appears to operate as a Market Maker (MM).

Key platform features include:

• Browser-based access only (no desktop or mobile apps)
• Basic charts and limited indicators
• No support for Expert Advisors or automation
• No VPS or FIX API access

Markets and Instruments

Finarix provides access to a modest range of CFDs across common asset classes:

• Forex – major and minor currency pairs
• Indices – US30, NAS100, GER30
• Commodities – oil, gold, silver
• Cryptocurrencies – BTC, ETH, LTC
• Shares – select global equities (unverified)

No detailed asset list is provided, and spreads or margin requirements are not transparently disclosed.

Accounts, Spreads and Leverage

Finarix promotes several account types, often structured to encourage larger deposits:

• Basic: Minimum deposit $250, standard spreads
• Silver: $5,000 minimum, lower spreads and support
• Gold: $25,000+, premium support, faster withdrawals
• VIP: Negotiated conditions, tighter spreads

Key trading terms include:

• Leverage: up to 1:400 (unverified)
• Spreads: Not disclosed, typically wide
• Stop-out and margin levels: Not stated
• Islamic account: Not available

Funding and Base Currencies

Deposits are accepted in USD or EUR via the following methods:

• Credit/debit cards
• Wire transfers
• Bitcoin and crypto wallets

Numerous user reports highlight delays and denials of withdrawal requests. No specific timeframe for processing is published. The broker’s lack of regulatory oversight makes fund recovery nearly impossible in the event of disputes.

Client Protections and Features

Finarix lacks the foundational protections found in licensed brokers. Clients do not benefit from:

• Negative balance protection
• Fund segregation assurances
• Dispute resolution mechanisms
• Regulatory reporting or audits

Security is limited to login credentials, with no mention of 2FA or biometric access. There are no investor safety nets in place.

Institutional and Retail Offering

Finarix targets retail clients only, particularly those in non-EU jurisdictions. There is no support for institutional services such as FIX API, MAM/PAMM accounts, white-label brokerage, or liquidity provisioning. Education and analysis tools are minimal, consisting mostly of basic tutorials and introductory content.

Pros and Cons

Pros

• Web-based trading interface for basic access
• CFD trading on major markets and crypto
• High leverage promoted (unverified)

Cons

• Unregulated – flagged by FCA and FSMA
• Withdrawal issues and poor transparency
• No MT4/MT5, FIX, or professional tools
• Wide spreads and high minimum deposit
• No client protection mechanisms or dispute resolution

Frequently Asked Questions

Is Finarix regulated?

No, Finarix is not regulated by any financial authority. It has received investor warnings from the FCA and FSMA.

What platform does Finarix offer?

Finarix offers a proprietary web-based trading platform. It does not support MT4 or MT5.

Is it safe to trade with Finarix?

No. Finarix lacks regulation, transparency, and client fund protection. Multiple reports indicate withdrawal issues and questionable practices.

Does Finarix offer crypto trading?

Yes, Finarix offers cryptocurrency CFDs, including Bitcoin, Ethereum, and Litecoin, though trading conditions are opaque.

What is the minimum deposit at Finarix?

The minimum deposit for the Basic account is $250. Higher account tiers require significantly larger capital outlay.