Finmarket Review

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Trader Rating
5 minutes read/Updated: 30 March 2020

FinMarket is a brokage firm based and regulated in Cyprus.  is a top forex broker that provides premium forex investment opportunities for traders. Some of their unique offerings include MetaTrader 4 and mobile trading. There are over 30 forex currency pairs, oil, gold, silver, and even cryptocurrencies that are available for you to trade with on the platform.

Founded in 2015, is owned by K-DNA and over the years has positioned itself as one of the market leaders by providing tight pip-spreads, real-time market prices. These are provided via a direct link to the interbank arena, and a unique margin policy which enables traders to maximize the full potential of their trading account.

Broker offers deep liquidity and a unique, fully transparent trading model that enables them to deliver precise price execution.

As with many other retail brokers, the brand has expanded in recent years. They have gained popularity among several traders around the world.

The key question is, how good the beand is?  The only way to find out is to read this review.

  • Regulated brokerage, with segregated accounts and deposit insurance
  • Tight spreads and transparent costs and commissions
  • Good choice of trading platforms
  • Wide choice of account types
  • Multiple trading platforms are available in manual, automated and mobile forms
  • Online tutorial videos lack depth
  • The product portfolio is rather limited.

What can you trade?

Open Forex Account

FinMarket Forex Review

£190 Min Deposit
Trading Fees
Good App Support
1:30 Max Leverage

When it comes to currency pairs, FinMarket allows you to trade up to 30 major currency pairs on the market as well as some of the minor and exotic currencies. These include EURCAD, GBPAUD, USDZAR, and EURNOK, to name but a few. The market has a very high liquidity level due to the enormous volumes of trade taking place daily.

One of the significant advantages is its free training and education, provided by a third-party training company, but easily accessible via your account. This is available to all clients, though some premium training options are only available to premium account holders. All account holders above Blue Member level have free access to trading tools and daily market reviews, as well as the services of a personal account manager. Gold and Elite members can access the London Stock Exchange Course. Access to the VOD library is available for all clients, including basic account holders.

Open CFD Account

FinMarket CFD Review

£190 Min Deposit
Trading Fees
Good App Support
1:30 Max Leverage

CFD (Contract For Difference) is a tradable contract between a client and a broker to exchange the difference between the opening price and closing price of a contract. With CFDs, FinMarket investors can benefit from the fluctuations in the price of stocks, commodities, indices, and more, without actually owning the underlying asset. There are several varieties of CFD instruments to trade from – Currencies, Commodities, Crypto, Stocks, and Indices.

Open Crypto Account

FinMarket Cryptocurrency Review

£10 Min Deposit
Trading Fees
Regular App Support
1:30 Max Leverage

With a Forex brokerage account, customers also have the opportunity to invest in a range of cryptocurrencies, with a variety of coins available, including Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Ripple, Litecoin and Dash.


FinMarket Forex delivers a transparent and cost-efficient trading model with all costs laid out clearly, albeit all in USD. Commission rates are fixed, depending on the type of account the trader is using, and are currently set at £8.22 on a standard account, £9.35 n a Gold Account, and £7.48 on an Elite Account.

There are also regular low-commission, or even no-commission, promotional offers for new and existing clients. The broker also offers very low spreads for Gold and Elite Account holders, with floating spreads starting at 1 pip EUR/USD. Spreads will, of course, vary according to market conditions. There may be costs attached to withdrawals and deposits, depending on the methods used.

Account Type

There is a range of accounts available to customers. Clients are able to choose from a Blue Member Account, a Silver Member Account, a Gold Member Account, or an Elite Member Account. There is also the option of an Islamic Member Account, which is significant as not all Forex brokers can offer this service to their clients. For Muslim faithful who would love to trade in accordance with their beliefs, a swap-free Islamic Account is available to them as an option to both the Standard and Prime Accounts.

Other features included in Gold and Elite accounts include a Personal Account Manager, Trading Tools, and Daily Market Reviews, as well as a London Stock Exchange Course. The amount of instruments available also increases with premium accounts. All client funds are kept in segregated accounts, separate from the company’s own operational funds, and supervised on a daily basis. All financial transactions are encrypted and handled by Level 1 PCI certified international payment service providers.


No review of Forex would be complete without mentioning the range of trading platforms. The right trading platform can make or break a trader’s experience with a particular broker, so traders will be happy to know that brand has a choice of tested and reliable platforms, allowing different traders to find the platform that works best for their own needs and trading experience.

finmarket mobile

Broker provides WebTrader, which is a popular web-based platform for PC, and the well-respected and widely used MetaTrader 4 (MT4) platform for both mobile and desktop platforms, which integrates the ability to add a customised suite of technical indicators, charting tools and auto-trading options. It also includes the Expert Advisors program, which is a robo-advisor that allows automation of the analytical and trading processes in the MT4 platform. MT4 is considered one of the most advanced platforms out there, allowing Forex traders to easily monitor markets, track price movement and automate trading strategies.


The MT4 platform provides automated trading using Expert Advisors, also provides access to the MetaTrader market where traders get tools at a cost or sometimes for free. Details on any asset can be easily accessed by just clicking on it, and orders can also be made the exact same way.

MT4 provides various types of charts for easy understanding. Charts like line charts, bar charts, and candlesticks are all available for easy technical analysis.

Customer Support

One way that FinMarket goes out of its way to help its clients is by providing the Academy, which is an online training resource offering educational material, tools and videos. There are educational materials aimed at beginners, intermediate and advanced traders, covering everything from the basic concepts of currency trading to advanced technical and fundamental analysis.

Brand does make it clear, however, that this education is provided via the platform by a third-party training company. It is not liable for the quality of the education and stresses that it should not be considered as investment advice. This is, however, a fairly standard disclaimer. With so many potential pitfalls in the world of online trading, almost all online education carries the caveat that no guarantees are made and that training and education do not constitute investment advice.

finmarket desktop

When it comes to customer support, broker provides support by email, via a contact form on the website, or via a telephone line, with account managers available from 9.00 am to 9.00 pm (local time), Monday to Friday. Brand also maintains social media accounts on Facebook and Twitter, giving customers an extra way to get in touch.

Payment Method

The first step to getting started with Forex trading is to open an account via the website. Setting up an account is fast and simple, and the customer support phone line will allow you to access an account manager if you have any questions or problems. You can, of course, email if it is not urgent. Demo accounts are available.

Next, you will need to fund your new account. Payments and withdrawals can be made by wire transfer or credit card, and also by e-Payment, using ECOMMPAY. Be aware that it is a standard procedure to withdraw all funds through the same method that was used to make the deposit, and that using a different deposit and withdrawal method may slow down the process, or require further verification of your details.


Best Offers

Card Types

Two types of credit cards are allowed, and a picture of both sides of the credit card showing the last four digits are usually required. Mainly only Mastercard and Visa are the accepted cards as well as other payment options such as Skrill, Maestro, Giropay and Neteller.

Bank wire Transfer

Bank wire transfers are accepted for both deposit and withdrawal. It takes a period of five business days to process, and the minimum amount of deposit is $500.


Payments and withdrawals can also be made by e-Payment, using ECOMMPAY. Be aware that it is normal procedure to withdraw all funds through the same method that was used to make the deposit, and that using a different deposit and withdrawal method may slow down the process, or require further verification of your details.

FinMarket does not currently charge a deposit or withdrawal fee, but always check the current terms and conditions, and also check the fees that your bank or credit card will charge on making deposits and withdrawals. Keep in mind that the minimum deposit will depend on the type of account you have opened.

Debit Mastercard

Mastercard is usually an acceptable means of withdrawal as long as ID verification is provided.

Regulations, Deposits, and Protections

Entrusting your investments to anyone is a big decision and not something that any new or experienced trader takes lightly, so it is vital to ensure that the funds you deposit are safe and secure. FinMarket is based in Cyprus and regulated by the Cyprus Securities and Exchange Commission.

The broker uses segregated accounts to hold client assets, meaning that your investments are held separately from any and all assets belonging and cannot be used by the broker to cover everyday operating and trading costs. This means that your investments should be protected even if the broker itself goes bankrupt. In addition, every amount deposited is insured up to £20,000.

Broker displays all Legal Documentation and Terms and Conditions clearly on its website, and you are strongly encouraged to examine them closely before making an investment. Brand prides itself on being diligent and transparent, but like all reputable Forex trading companies, also acknowledges that there are risks associated with any trading activities, and encourages customers to be fully aware of them before making an investment.


Broker’s Forex trading is relatively new to the world of Forex trading, having only been established since 2015, and the broker has not had the time to build up a string of awards, as some competitors have. It has, however, already received praise from numerous sources.

For example, independent broker comparison site gave FinMarket a 4.5-star rating in a Forex broker review, mentioning its free educational package, well-respected trading platforms, and a good range of major and minor currency pairs. Investment Watch also gave brand a good review, stating: “Despite being a fairly new Forex broker, and has successfully managed to make a name for themselves within the EU financial field.” has also praised FinMarket Forex trading, citing its tight spreads, choice of trading platforms, and comprehensive trading education as significant advantages for Forex traders at all levels. While broker does not, as yet, have a long list of awards to add prestige to its name, we would encourage traders to remember that it is a young and growing company. Take a look at its features and decide whether you think that it will suit you, and be aware that it may well add those awards in the future.

Overall, FinMarket is a great place to trade. They have a strong online presence and excellent customer support as well.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.