What is FinoTrend?
FinoTrend is a forex and CFD broker based in United Kingdom, listed with a foundation year of 2021. It offers leverage up to 1:10, spreads from 0.5 pips and a minimum deposit of �5000. Clients trade on Web Trading and on mobile.
FinoTrend is an online trading broker that trades on Forex, Indices, Metals, Energies, Futures, and Shares. This broker is based on Finotrend webtrader and mobile phone application. This broker has an option where a client can be a partner with FinoTrend.
There are five types of accounts provided by FinoTrend. These accounts have different levels of funding. Spreads and leverages are also different in these accounts. All these accounts come with a dedicated account manager. All these accounts can be operated using webtrader or mobile apps. All these features of these five live trading accounts are discussed below:-
- Beginner Account:- This account requires a minimum of €5,000 to start. The funding in this account is limited to €9,999. The leverage in this account is 1:10. Amount of open positions is limited in this account. This account doesn't get trading signals.
- Trader Account:- This account requires a minimum of €10,000 of funding. Funding is limited to €24,999. The leverage in this account is 1:20. Amount of open positions is limited in this account. This account also doesn't get any trading signals.
- Expert Account:- This account requires a minimum €25,000 deposit to start the account. The deposit in this account is limited to €49,999. The leverage in this account is 1:30. Amount of open positions is unlimited in this account. This account is valid for trading signals.
- VIP Account:- This account starts with €50,000 of minimum deposit. The deposit is limited to €99,999 in this account. This account has the leverage of 1:40. Amount of open positions is unlimited in this account. This account is valid for trading signals.
- Exclusive account:- This account requires more than €100,000 of deposit. This account has 1:50 leverage. Just like the Expert and VIP account, the amount of open positions is unlimited in this account and this account is valid for trading signals.
Is FinoTrend safe and regulated?
FinoTrend is regulated by FinoTrend has no regulatory license. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
FinoTrend account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a �5000 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
FinoTrend provides Web Trading, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.5 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:10 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
FinoTrend supports 2 funding methods, including Bank WireTransfer, Credit Card/ Debit Card. Accounts can be held in 2 base currencies (USD, EUR), which helps you avoid conversion fees.
FinoTrend bonus: <p>This broker is not providing any welcome bonus</p>
How the promotion works
The current FinoTrend promotion is <p>This broker is not providing any welcome bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the FinoTrend website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
FinoTrend pros and cons
Pros
- Raw spreads from 0.5 pips
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP, Mini and managed accounts
Cons
- Only offshore regulation
- No investor compensation scheme
- �5000 minimum deposit is higher than some rivals
- Web Trading only in our listing, no MT4/MT5 confirmed
How to open a FinoTrend account
- RegisterVisit the FinoTrend website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least �5000 with Bank WireTransfer, Credit Card/ Debit Card.
- Start tradingLog in to Web Trading or the mobile app and set your risk per trade.
Is FinoTrend a good broker? Our verdict
FinoTrend suits active traders who want raw spreads, freedom to scalp or trade the news. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.