Score
FinCryptoMarket
China|2-5 years| https://fincryptomarket.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
ChinaAccount Information
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Website
fincryptomarket.com
Server Location
United States
Website Domain Name
fincryptomarket.com
Server IP
13.225.183.14
Company Summary
| FinCryptoMarketReview Summary | |
| Founded | 2022-09-06 |
| Registered Country/Region | China |
| Regulation | Unregulated |
| Market Instruments | Forex/Indices/Stocks/Metals |
| Demo Account | ✅ |
| Leverage | Up to 1:200 |
| Spread | From 1 pip |
| Trading Platform | / |
| Min Deposit | €50000 |
FinCryptoMarket Information
FinCryptoMarket is a broker. The tradable instruments include forex, indices, stocks, and metals. The broker also provides three accounts with a maximum leverage of 1:200. The minimum spread is from 1 pip and the minimum deposit is €50000. FinCryptoMarket is still risky due to its unregulated status.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:200 | Unregulated |
| Demo account available | MT4/MT5 unavailable |
| Various tradable instruments | Inaccessible official website |
| Unspecific transfer time and fee information | |
| Unclear swap fee |
Is FinCryptoMarketLegit?
FinCryptoMarket is not regulated, making it less safe than regulated brokers.
What Can I Trade on FinCryptoMarket?
FinCryptoMarket offers a wide range of market instruments, including forex, indices, stocks, and metals.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Metals | ✔ |
| Cryptocurrencies | ❌ |
| Commodities | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
FinCryptoMarket has three account types: presidential, platinum, and executive. Traders who want low spreads can choose a presidential account, while those with a small budget can open a platinum account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
| Account Type | Presidential | Platinum | Executive |
| Minimum Deposit | €250000 | €50000 | €100000 |
| Leverage | Tailored Leverage | 200 | 200 |
| Spread | 0.5-1 | 1.5-2 | 1-1.5 |
FinCryptoMarket Fees
The spread is from1 pip. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:200 meaning that profits and losses are magnified 200 times.
Deposit and Withdrawal
The minimum deposit is €50000. FinCryptoMarket accepts Visa, Maestro, UnionPay, Safecharge, and WebMoney for deposit and withdrawal. However, the official website is inaccessible, so transfer processing times and associated fees are unknown.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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