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Score

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The WikiFX Score of this broker is reduced because of too many complaints!

FintechFX

United States|5-10 years|
Scam Brokers|Suspicious Regulatory License|Suspicious Scope of Business|Australia Investment Advisory License Revoked|Suspicious Overrun|High potential risk|

https://fintechfx.com/?lang=en

Website

Rating Index

Contact

support@fintechfx.com
https://fintechfx.com/?lang=en
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

Licensed Institution:MY GROUP FINTECH CO PTY LTD

License No.:493603

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

This platform is a Ponzi Scheme. Please stay away!
2024-12-22
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
5

Basic information

Registered region
United States
Operating period
5-10 years
Company Name
My Group Fintech Co Pty Ltd
Abbreviation
FintechFX
Company employee
--
Keywords 7
Scam Brokers
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
Australia Investment Advisory License Revoked
Suspicious Overrun
High potential risk
Account Information
Website
Company Summary
Disclosure
Review

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Website

Most visited countries/areas

  • Singapore
  • Malaysia
  • Indonesia
  • fintechfx.com

    Server Location

    Turkey

    Most visited countries/areas

    Indonesia

    Website Domain Name

    fintechfx.com

    Website

    WHOIS.NAMECHEAP.COM

    Company

    NAMECHEAP, INC.

    Domain Effective Date

    2013-05-07

    Server IP

    185.42.173.248

Company Summary

FintechFX Review Summary
Founded2013-05-05
Registered Country/RegionUnited States
RegulationRevoked
Market InstrumentsForex/Commodities
Demo Account
LeverageUp to 1:100
SpreadNot mentioned
Trading PlatformMT4(Windows/Mac)
Min DepositNot mentioned
Customer SupportSocial Media: Facebook,Instragram, Twitter

FintechFX Information

FintechFX is a financial platform. The tradable instruments with a maximum leverage of 1:100 include forex and commodities. FintechFX provides standard and ultimate ECN accounts with unspecific fee information. FintechFX is risky due to its Revoked status and bad reviews.

FintechFX Information

Pros and Cons

Pros Cons
MT4 availableRevoked
Leverage up to 1:100Inaccessible office website
No fee information
Negative feedback

Is FintechFX Legit?

ASIC regulatesFintechFX but the status is revoked, which makes it less safe than regulated brokers.

Is FintechFX Legit?
Is FintechFX Legit?

What Can I Trade on FintechFX?

Traders can choose different investment directions because the broker provides forex and commodities.

Tradable Instruments Supported
Forex
Commodities
Stocks
Cryptocurrencies
Precious Metals
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on FintechFX?

Account Type

FintechFX provides standard and ultimate ECN accounts with swap free accounts.

Account Type StandardUltimate ECN
Leverage1:1001:100
Trading instrumentForex/CommoditiesForex/Commodities
Commission00
Margin Call/Stop Out100%/50%200%/100%
Swap Free AccountAvailableAvailable
Account Type

FintechFX Fees

The commission is free and swap starts from 0.

Leverage

The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.

Trading Platform

FintechFX has an authoritative MT4 trading platform for Windows and Mac. Junior traders prefer MT4 over MT5.

Trading PlatformSupported Available Devices
MT4Windows/Mac
Trading Platform

Customer Support Options

Traders can follow FintechFX via Facebook, Instragram, and Twitter.

Contact Options Details
Social Media Facebook, Instragram, Twitter
Supported Language English
Website Language English
Physical Address Not mentioned
Customer Support Options

Keywords

  • Scam Brokers
  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Australia Investment Advisory License Revoked
  • Suspicious Overrun
  • High potential risk
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