Finotec is a leading global online trading firm that offers brokerage services in CFD trading, currency, commodity and options. Their Forex trading platform is one of the most advanced in the industry and offers a wide range of currencies. It launched its revolutionary forex online trading platform in 2001, and was developed by a team of Internet and foreign exchange experts. The Finotec online Trading Platform provides both institutional and individual investors with direct and immediate access to the global currency markets.
Finotec makes a great effort to uphold the highest standards of service to its customers. Using their cutting-edge online trading platform, Finotec makes available to its customers with many resources needed for profitable and informed trading transactions. It offers real-time trading services to everyone from: Institutions, Corporations, Professional Traders and private individuals with little or no experience. This “user friendly” environment has helped Finotec become a favorite amongst professional and amateur traders. The software is available in eleven languages: English, French, German, Spanish, Portuguese, Arabic, Turkish, Polish, Chinese, Russian and Hebrew.
Why is Finotec Different?
• Multi-product trading platform
• Unique trading tools
• Direct access to market prices
• FSA-regulated
• Forex trading education
• Instant execution
• Stop-loss guarantee
• Trade with as little as $200
• 0 pip spread!
Fees Charged
It’s pretty simple. No fees charged.
How is Customer service?
Finotec offers several ways to contact them. They have 24/7 live customer service via Live Chat, Request Call back by phone or email. Any of these methods provides quick answers to any problems that may arise. Customer service is open during trading hours and the reps are very helpful and knowledgeable.
Finotec Screenshot
The Advantages of Trading with Finotec:
• Finotec audio News
• Forex Trading tip of the day
• Real Time forex calendar
• Fast Execution
• Tight spreads
• In house trading Platform
• Free Forex Demo Account
• Forex trading tools
• Forex VIP Account
• Live chat
• SMS alerts
• Market analysis
• Personal dealer for clients
• Newsletter with forex analysis (daily/weekly/in-depth)
• Finotec Academy (education center)
Finotec offers 4 types of accounts
Demo Account – On the Finotec Demo Platform, you will have access to all the products available on the Standard Platform, at the same live executable prices and in the same real-time market conditions. This account is an ideal for Forex trading practice and is a very useful tool for those who want to learn the ins and outs of the trading platform and to improve the trading strategies without risking any capital. The Finotec Demo Account enables you to simulate trades and spread bets in real market conditions. Trade with $100,000 in virtual money and learn how to use our cutting-edge trading tools and our real-time charts.
Mini Account – Mini account is perfect for traders who have a small starting capital or who wish to test their trading strategies before risking substantial money on the forex market. You can open an account with only $200 and trade with a margin as low as 0.5% The mini forex account gives you access to the Mini Trading Platform where you can view real-time charts and trade many forex and other products in a user-friendly way. You may choose from a wide array of financial products and derivatives including forex, currency options, CFDs on the world’s most traded stocks as well as index CFD’s, commodities including gold, silver and crude oil futures.
Standard Account – Opening a Forex Standard Account gives you access to the Finotec Trading Platform. This is a unique dealing system that offers real-times quotes and charts for over 50 currencies, commodities (including silver, gold and oil), indices and stocks, all of which you can buy or sell in one click. It also includes a spread-betting section where you can make spread bets. The Finotec Trading Platform offers the most ergonomic and user-friendly trading software in the industry. It makes trading options, commodity futures, forex and CFD’s on stock indices and shares, as well as spread betting easy. The platform provides you with a complete set of trading tools such as calculators and currency converters and with technical indicators such as RSI, MA, Elliot Waves or Bollinger Bands to help you analyze market trends and directions.
Spread Betting Account – In addition to Forex Trading, you may trade and spread bet on a wide range of other margined products including CFDs and futures.
Finotec Forex Training Program
Finotec, in cooperation with E-market online, a leading online forex learning center, offers a series of online forex courses designed to guide beginners through the competitive world of Forex trading. This comprehensive, step-by-step approach to foreign exchange provides students with in-depth information, proper training, and useful resources – all the tools necessary for profitable trading.
Topics covered in the course:
• Forex market introduction: Learn the particularities of the foreign exchange market and how forex fits in the greater world of finance.
• Trading strategies and tools: See how you can combine different trades and what trading tools you may use.
• Types of deals: Find out about various forex market orders.
• Fundamental and Technical Analysis: Interpreting graphs and economic data to make market predictions.
• The Fibonacci correction: One of traders’ favorite technical indicators for identifying and predicting market trends.
• Guide to online trading: How to start trading over the Internet.
• Trading psychology: Adrenaline, impulses, and trading profiles – what kind of trader are you?
• Money and Risk Management methods: One of the main aspects of speculation consists in increasing your chances for profit while reducing your chances for loss. Find out how.
• What makes a champion trader: The do’s and don’ts of online trading.
The Finotec VIP Program
Finotec offers an exclusive forex VIP program as a token of appreciation to its VIP clients that entitles you to the following VIP benefits:
• Option, commodity and forex VIP coaching: Learn the art of trading with financial tutors. Their in-house forex experts will teach you in the ins and outs of forex, options, commodities and all other financial products available on the platform to help you trade like a professional. The VIP coaching program includes courses on fundamentals and technical analysis where you will learn how to use cutting-edge trading tools to analyze market trends and predict future price movements.
• Tailor-made reviews and technical analysis: You will receive customized reports and market analysis on the financial products which you are trading or which you are planning to trade. View detailed graphs on the price fluctuations of your assets and get all the explanations you need to understand market movements and directions.
• Personal VIP dealer: you will get a dedicated personal dealer who will attend to your specific needs and provide you with all the relevant information and resources for your trades.
Sky Trader -
Finotec has recently unveiled its exciting new downloadable trading platform. Equipped with cutting-edge technology and all the tools you need for superior trading.
• Interchangeable platform
• Advanced trading tools
• One-click market orders execution
• All trading products on one system
• Real time charts
• On-line market quotes
• SMS prices alert
• Partial closeout
• Net Margin
Sky Trader Mobile platform -
With Sky Trader Mobile you can instantly access your trading account and to trade anywhere, anytime during market hours. It is compatible with mobile phones, PDAs and other handheld devices. It is quick and easy to use. Whether at work, on holiday or anytime away from a PC your trading doesn’t have to stop! Sky Trader Mobile gives you complete access to the full range of markets and order types available online. It’s an effortless way to access prices, trade, and monitor your open positions. Sky Trader Mobile platform is FREE to all demo and live account holders – all you need is an Internet-enabled wireless device.
• Trade Forex, Commodities, Indices and Equities directly from your smart phone
• Simple and easy to use
• One-click quick execution
• Real market quotes
• Monitor your trading portfolio anywhere
The Final Verdict
Finotec is an honest and reliable Forex broker that we highly recommend. It is a highly secure Forex broker that provides its users with a great trading platform, great customer service and very low spreads.
The Finotec Sky Trader platform can be used by a novice trader; however, with a great package of professional tools, experienced traders will also find all their trading needs.
Creating this innovative and unique trading software was achieved with a focus on ease of use along with reliability, security and easy to navigate analysis trading tools. With Sky Trader Mobile you can instantly access your trading account and trade anywhere, anytime during market hours.
We really liked the Forex Training Program that Finotec offers through its online forex learning center. It is these advantages that make Finotec stand out from the rest.
open a Free $100,000 Demo Account with Finotec >>>
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