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FinMarket
About FinMarket
FinMarket is brand owned and operated by K-DNA Financial Services Ltd. (“K-DNA”) and provides online Forex and CFD trading services including Commodities and Indices for worldwide investors. FinMarket supports German, English and French so far.
FinMarket USER RATING
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BrokerCheck FinMarket Review
Trading Cost
3.8/5
Order & Support Speed
3.6/5
Available Products
4.0/5
Usability
3.6/5
What we liked about FinMarket
FinMarket’s biggest advantage is their crypto offering. They offer over 50 tradeable cryptocurrency/pairs. Some trading instruments are quite cheap for example commodities.
Pros
+50 cryptocurrency pairs
below average costs for commodities
Only 250€ for a live account
Free Demo Account
What we disliked about FinMarket
FinMarket is a fairly new broker. This comes with the risk that the broker can’t position itself properly. The risk that its business closes is thus elevated compared to older brokers. The fees for normal products are above average.
CONS
New broker
Above average fees for normal trading assets
No Futures available
No US Traders allowed
BrokerCheck Review of FinMarket
FinMarket currently offers around 300 tradable assets. FinMarkets biggest advantage is their available crypto currency pairs. They offer more than 50 tradeable crypto currency pairs including different currencies to trade against – EUR, USD and GBP. The costs are above average for most trading assets but some are cheap compared to other brokers. Their commodity spreads (costs) are below average, while their forex swaps are above average. FinMarket is still a quite new Broker and only offers German, English and French as supported languages so far. The available trading platforms are Metatrader 4, Webtrader and Mobiletrader. Crypto Traders should keep an eye on FinMarket!
Highlight's
Free Demo Account for Trading Beginners
+50 Crypto's tradeable vs USD/GBP/EUR
250€ minimum deposit for live accounts
WTI & Brent Spread floating up to 0,01
Top 5 Broker
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