Forex Broker Review Finexo
Finexo has been in the business of Forex online broker since 2003 and has been a White Label of Saxo Bank (one of the broker concerning Forex market) for more than five years, since 2004. This broker functionality based on the philosophy of easy to use (easy to use) and in fact from the unicio on your website you will notice that among its objectives is the introduction to the novice investor in the currency market, easy, quick and easy. Although often easier and faster is not always better, this broker has multiple features that make it a good choice and we will discuss below.
Finexo offers interesting facilities for the foreign exchange market operator both expert and novice. For example, the registration process is fairly simple and if the client add real funds to your account via credit card, you can begin operating in just a few minutes. If the user does not want to use credit card, this forex broker accepts other ways to add funds, including Paypal, Neteller, Moneybookers, Liberty Reserve, bank transfer and Click and Buy.
With regard to the withdrawal of earnings, this may seem a bit long and tedious, but Finexo representatives state that this is because they seek to protect the user from fraud. Despite this the process is friendly and does not cause major discomfort to the client and the media can be used to add funds to the account.
On the other hand your site is very user friendly and actually has improved greatly in the way it presents information in such a way that navigation has been simplified considerably and the visitor finds what they need without much effort . It has a live chat 24 hours a day, and customer service via email and telephone. It also comes in several languages (English, Spanish, French, German, Turkish, Arabic, Portuguese and Russian), which allows it to be used by people from practically anywhere in the world.
This allows the client broker operating in the following investment instruments:
* Forex Market (25 different currency pairs).
* Metals (gold and silver).
Finexo currently offers two classes of real accounts: the mini account and the regular or standard account. By the first type of account allows the customer Finexo operate in the Forex market with a minimum deposit of $ 100. This way you can practice with real money without having to arriegar initial bulk as other brokers. Mini accounts offering a leverage of 1:200 in the same way that a normal real account. In fact, all operations are performed with a standard volume. Both types of accounts operate on the same trading platform, the Metatrader 4 with all its functions and analysis tools available.
For those who do not know, this platform offers advanced download the option to make trades in a single click with market orders, stop orders, limit stops and orders.A trainling following is a more detailed description of the platform Metatrader 4:
Metatrader 4 trading platform
The Metatrader 4 does not need much presentation between those with experience in the Forex market. It comes equipped with many functions and herramienrtas designed for most demanding operators. It is by far one of the most comprehensive platform. Among its many benefits include:
* The most popular platform today, one of the references between the Forex platforms.
* It is a downloadable application which however is not very demanding for the computer.
* No Dealing Desk execution.
* The largest inventory of technical analysis tools.
* Graphics and real-time quotes.
* Fully customizable by the customer.
* Ability to customize the tools of technical analysis and design indicators.
* Use of Expert Advisors (EA) for automated trading. These are programs that perform automated trading strategies designed by the user or by another trader so that the operating system platform on their own. This allows the trader to take advantage of the opportunities the market still not connected and operating with the platform.
In addition to using Metatrader 4 platform that gives you maximum flexibility to the Forex broker, Finexo offers a very interesting option to their customers what the mobile phone trading (system to operate and manage the account from the mobile phone) . By entering the trading account and make transactions through this service, Finexo does not charge any fee to its customers. This system, known as Finexo MobileTrader, also based on Metatrader 4 allows investors access to financial markets from anywhere. Thanks to this, the user can stay updated on their operations regardless of where and who has access to your account anytime from anywhere. With this facility, Finexo seeks to provide its customers the following opportunities:
* Immediate access to markets.
* The possibility of exploiting all opportunities for profitable operations although you are not near a computer.
* Check your positions from anywhere at any time.
* Use a user-friendly application.
* Ability to deal with up to 25 currency pairs from the palm of your hand.
* Receive updates on news, economic events and market behavior.
* Able to view graphs of market prices.
* Do not rely on a computer to operate.
At this point we should clarify that in the same manner as other brokers ECN, Finexo charges a varied spread for each currency cross which can range from 2 pips to 14 pips of course depending on the currency pair that you want to trade .
Also, offers several interesting Finexo as a support for all customers. For instance, provides an update on the foreign exchange market, daily and weekly via e-mail and platform Metatrader 4, which includes some fundamentalist trading ideas (based on important economic news) and analysis of the most important currency pairs based on technical analysis. In fact Finexo sends all e-mail on specific ideas about operations in the major currency pairs like EUR / USD, GBP / USD and USD / JPY and others, on which recommend possible trades, indicating input prices, output and stop loss. These recommendations are accompanied by graphics and are based on resistance, support, training and Fibonacci levels. They are sent twice daily, morning and afternoon (GMT time).
It also offers a daily updated economic calendar that includes expectations and predictions about events to occur. This calendar with their respective analysis is offered in your website and also sent directly to the mail.
Like other brokers, Finexo offers a demo account that can be used with your regular trading platform, so that the investor can get to know this application and all it offers and practice before you operate with real money. This was a weakness that had Finexo at the beginning (did not have a demo account), which recently corrected. The demo account Finexo offers a virtual balance of $ 15,000 with all the features of the platform Metatrader 4. Unlike other brokers, the demo account has no deadline and provides access to the above functions as a news analysis, economic calendar and more. The opening of this demo account is free and can be done with the following link:
Open a free demo account of $ 15,000
Finexo offers all this and more, making it one of the most popular Forex brokers on the market today. An excellent trading platform, good customer service and support additional functionality to their customers Finexo make an appropriate option for operators with or without experience who want to invest your money in the Forex market and other financial instruments.
If you want to learn more from this broker or join for free Finexo to invest in the Forex market with a real account or just want to try before you with a demo account, just use the following link or banner:
Finexo Affiliate Program
Once you join Finexo, you have the possibility of joining your affiliate program, known as Referforex, whereby you can earn enough money just by recommending services like Finexo broker in the Forex market and Forex broker other as Forexwebtrader and Btrader. Thus, the more members you get to deposit money and operating in the Forex market, you can earn more logically. The program makes available to its members to promote to multiple tools and platforms Forex Finexo above and is perfect for those who own one or more web sites related to the subject. If you own such a site with enough traffic and you want to monetize, Finexo is an excellent option because you only have to place banners and referral links and direct traffic. In fact there are people who do not operate in all in the Forex and make enough money Finexo recommending to others, such as experienced and novice Forex traders looking to invest their money. Registration and use of the tools of this affiliate program is absolutely free.
In addition, this program allows you to increase your profits by recommending people to it. This means that you can promote Referforex program which recognizes you as much as 10% of what your referrals earn. This is another option that gives you the chance to multiply the money earned. If you want to join Referforex only employs the following link or banner: