Finzolo Review – Forex Broker Profile

What is Finzolo?

Finzolo is a forex and CFD broker based in United Kingdom, listed with a foundation year of 2021. It offers leverage up to 1:400, spreads from 0.6 pips and a minimum deposit of $199.99. Clients trade on MetaTrader 5 webtrader and applications for android, iOS, and Windows and on mobile.

Finzolo is an online trading broker that trades on Forex, Metals, CFDs, and Stocks. This broker is based on the MetaTrader5 platform. This has applications or softwares for Android, iOS, and Windows. This is also available as Webtrader.�

Table of Contents

1. Finzolo: Key Facts
2. Finzolo � FAQ

Finzolo: Key Facts

Finzolo is serving its clients with six types of trading accounts. All of these accounts are live trading accounts. Besides this, this broker also serves its clients with demo trading accounts. Demo accounts are actually for the new traders who actually are new in the trading market. All these six accounts are divided into two major categories. Three accounts are standard accounts and the rest of these three accounts are ECN accounts. All these six accounts will be discussed below:-

• Standard Accounts:- The name of these three standard accounts are Silver account, Gold Account, and Platinum account. All of these accounts come with a personal account manager and all these three accounts have different features. These will be discussed here:-
• The Silver Account:- This account requires a $199.99 minimum deposit. The maximum leverage on this account is 1:1000. The spread in this account starts from 2.4 pips.�

• The Gold Account:- This account starts with a $499.99 minimum deposit. The maximum leverage on this account is 1:400. The spread in this account starts from 2.0 pips.�

• The Platinum Account:- This account starts with a $1999.99 minimum deposit. The spread in this account starts from 1.6 pips. The maximum leverage on this account is 1:400. The stop-out level in this account is 30% which is 10& more than the Gold account and 20% more than the silver account.�

• ECN Accounts:- Three ECN accounts are named ECN Elite, ECN VIP, and ECN King. All these accounts support PAMM(Social Trading). The stop-out level on all these accounts is at 30%. All these three accounts are described below:-

• ECN Elite:- This account starts with a $5000 minimum deposit. The spread in this account is 1.3 pips(starting). The maximum leverage on this account is up to 1:1000.�

• ECN VIP:- This account starts with a $25,000 minimum deposit. The spread in this account starts from 1.1 pips. The maximum leverage in this account is 1:400.�

• ECN KING:- This account is the flagship of this broker. This account requires $50,000 funding. The maximum leverage on this account is 1:400 and the spread in this account starts from 0.6 pips.�

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Finzolo � FAQ

Is Finzolo a good broker?

This has applications or softwares for Android, iOS, and Windows. All of these accounts are live trading accounts.

What should traders know about Finzolo?

Besides this, this broker also serves its clients with demo trading accounts. Demo accounts are actually for the new traders who actually are new in the trading market.

Who is Finzolo best for?

All these six accounts are divided into two major categories. Three accounts are standard accounts and the rest of these three accounts are ECN accounts.

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• Official website: Finzolo

Is Finzolo safe and regulated?

Finzolo is regulated by Finzolo has no regulatory. 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.

Finzolo account types

The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $199.99 minimum deposit.

Trading platform and conditions

Finzolo provides MetaTrader 5 webtrader and applications for android, iOS, and Windows, 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 0.6 pips are available on raw pricing, with a commission per lot.
• Leverage up to 1:400 gives large position sizes from a small deposit, which also raises the risk of fast losses.

Deposits and withdrawals

Finzolo supports 10 funding methods, including Diners Club International, Paypal, Mastercard, Skrill, Paytm, GPay and more. Accounts can be held in 3 base currencies (USD, EUR, GBP), which helps you avoid conversion fees.

Finzolo bonus: <p>This broker is not providing any welcome bonus</p>

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Finzolo pros and cons

How to open a Finzolo account

1. RegisterVisit the Finzolo website and sign up with your name, email and phone number.
2. Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
3. Choose an accountPick VIP, Mini, managed or a standard account, and your base currency.
4. Fund the accountDeposit at least $199.99 with Diners Club International, Paypal, Mastercard or another method.
5. Start tradingLog in to MetaTrader 5 webtrader and applications for android, iOS, and Windows or the mobile app and set your risk per trade.

Is Finzolo a good broker? Our verdict

Finzolo suits active traders who want raw spreads, freedom to scalp or trade the news, plus a wide choice of payment methods. 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.