Finetero Review

4
Score: Good

> International online trading brand
> Fast execution and accurate pricing
> Professional customer support service

About

Finetero is an online trading platform, offering leveraged trading on multiple asset types, including forex indices, commodities, stocks, and cryptocurrencies. Founded in 2018, the brand is headquartered in London, but also has several other offices around the world.

Up until now, Finetero had managed to receive multiple awards, including Best Forex Provider 2019, Best FX Broker 2019, or Best Execution Global Broker 2019. All these awards are suggesting the brand is fully committed to providing high-quality trading services, in line with the latest market conditions.

This Finetero review will analyze in-depth some of the most important trading features currently available, including trading software, asset coverage, trading tools, customer support, and target markets.

One of the main benefits when it comes to trading with Finetero comes from the broad coverage of cryptocurrency CFDs. There are tens of different tokens currently supported, denominated in EUR, USD, or even AUD for Bitcoin.

But this is a multi-asset provider, and alongside crypto, there are plenty of other CFDs available, which means customers are able to diversify with FX, stocks, indices, or commodities, as trading opportunities occur across all these instruments constantly.

At first glance, Finetero is an online trading brand working for a broad audience of international traders. The website is currently available in English, but the trading platform can switch between 5 different languages, including Arabic, Deutsch, Espaniol, or Russian, on top of English. Based on the terms & conditions, the services are designed for all jurisdictions where local regulations are not prohibiting such provisions.

Products and Trade Offers

Finetero is a multi-asset brand and because of that, it currently provides a whole range of trade execution modes and supports services. For Australian customers, the trading account types available are Bronze, Silver, Gold, Platinum, and Premium.

In terms of trading platforms, there are three options currently provided:

  • Finetero Terminal (MetaTrader 4): trade from the desktop via a trading software developed by MetaQuotes and personalized by Finetero. You can install this platform on a PC or laptop and enjoy the full trading benefits.
  • WebTrader: there is also a browser-based platform available, that does not require any installation. It can be used on any device via any modern browser.
  • Mobile Trader: Fully aware of the growing demand for mobile trading capabilities, Finetero provides a web platform designed specifically for Android and iOS devices.

Opening an account with Finetero is a simple and straightforward process. Traders can get past the early formalities without major roadblocks. Because it wants beginners to not be overwhelmed with complexity, the “My Account” section is intuitive.

You can download the platform or log in to WebTrader, provide personal details, change password, view trading history, upload identification documents, view monetary transactions, request a withdrawal, or contact the customer support service.

  • An international online trading brand
  • Proprietary trading software for desktop, browser, and mobile
  • Fast execution and accurate pricing
  • Professional customer support service
  • Demo account not yet available
  • Android and iOS app not supported
  • Wide spreads on low-liquidity instruments

Commissions and Fee Charges

As with all other CFD providers, the main trading costs at Finetero are spreads and overnight swaps. The brand changes 0 commission for all the instruments currently covered. In terms of spreads, all assets benefit from variable spreads, changing depending on the market activity.

The good news comes when trading CFDs on cryptocurrencies with Finetero. In this case, the only trading cost is the spread. Finetero provides crypto trading services with 0 overnight swaps, which means traders are able to hold trades for longer periods.

Trading costs will also depend on the account type chosen. The higher the account, the more discounts in terms of trading costs will be provided by Finetero. For more details, visit the company’s website.

What Others Say

Customer Service

The good news about the Finetero customer service is that via a New York-based customer support desk, the brand is keeping close contact with all clients. You can get in touch with a representative via phone or email from Monday to Friday.

Finetero is committed to solving any inconvenience in dealing with its trading services. If you have any issue with the trading platform or encountering problems when opening an account, there is a team of professionals waiting on the sidelines to help.

Platform Features and Tools

Trading with Finetero means access to the popular and reliable MetaTrader 4. With more than 15 years of existence, this trading solution had proven its efficiency and because of that, traders working with the brand will be able to take advantage of it.

The platform can be installed on any type of desktop or laptop, enabling you instant access to thousands of different trading instruments. Regardless of the account type chosen, this platform will be available for all customers free of charge.

To make sure it provides a diversified offer, Finetero also covers a WebTrader solution, accessible via a browser. The web platform comes with a simple yet very efficient interface, suited for both beginners and advanced traders. It has all the trading tools one should expect, including advanced charting, multiple order types, risk management tools, and others.

Mobile Trading

Mobile trading capabilities are ensured via a dedicated web platform designed for mobile devices. On an Android or iOS device, trading from the Finetero account is no longer an issue. Markets are active constantly and because of that, traders need instant access to their accounts, even while on the go. You can use a smartphone or tablet to log into the platform and take advantage of the trading capabilities currently provided by Finetero.

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Research and Learning Section

Regulatory Details

OUR SUMMARY

Our summary

4
Score: Good
GET STARTED

There should be no surprise to see Finetero among the awarded online trading brands. Due to the wide range of trading benefits provided, this is a suitable solution for beginners and experienced traders from all around the world.

Also, with a minimum deposit of $200, different trading accounts and trading platforms, the brand wants to serve traders with different conditions and objectives. Finetero proves to be a reliable CFD provider, after conducting a comprehensive analysis of its services.

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