broker review

Finetero Review

Finetero Logo
BrokerFinetero
Website URLhttps://www.finetero.com/Home
Founded2018
HeadquartersLondon, UK
Support Number1-718-488-5710
Support TypesEmail and Phone
LanguagesEnglish
Trading PlatformMT4, WebTrader, and Mobile Trader
Minimum 1st Deposit€200
Minimum Account Size€200
BonusNo bonus
LeverageUp to 1:200
SpreadVariable
Free Demo AccountYes
RegulatedNot regulated
Account TypesBronze, Silver, Gold, Platinum, Premium
Deposit MethodsCredit/debit card, Wire transfer, Cryptocurrency, e-wallets
Withdrawal MethodsCredit/debit card, Wire transfer, Cryptocurrency, e-wallets
Number of Assets1,000+
Types of AssetsForex, Shares, Indices, Commodities, and Cryptocurrencies
US Traders AllowedNo
Mobile TradingYes
Tablet TradingYes
Overall Score91

Company Overview

Finetero is a Bitcoin and multi-asset platform, currently offering a robust trading system for both inexperienced and professional traders living across the world. Several different hints are pointing towards this brand, suggesting it might be one of the more reliable companies out there because:

  • Trade execution is competitive – at Finetero, traders are being executed with an average speed of 7.12 ms
  • Enhanced security – a secure and powerful infrastructure powered by Amazon AWS, combined with tailored trading software makes trading safer. 
  • The right vision and values – Finetero remains committed to creating one of the most dynamic and most innovative environments given the challenging market conditions. At the same time, their client-centric approach is what constantly motivates the company to come out with the best trading features. 

Last but not least, there is a well-diversified trading offer now available at Finetero and today we’ll try to analyze some of the most important features, providing support for traders that might be interested in working with this brand. 

Trading Software

Starting with the trading software, partnering with Finetero will grant traders access to a proprietary web-based solution promising a customer-friendly interface, as well as a broad range of trading tools built-in. Using this platform, traders can place multiple order types, plot tens of different price indicators, or monitor multiple charts at the same time. 

It allows multitasking on any type of device, given there’s no need for any installation. Also, it can be easily customized, based on the language that is most convenient for each user. Three different themes and other settings make the platform very flexible, something that should be integrated into any platform in the market.

Alongside the WebTrader, trading the markets can be accomplished by using one of the best platforms in the world. MetaTrader 4 is still used by millions of traders worldwide, showing that even after a long time, consistent upgrades are weighing positively on the customer’s feedback. MT4 can be installed on any type of device and includes not just advanced charting and multiple execution modes, but also EA compatibility and strong security. 

Account Types

We also need to consider Finetero offers 5 account types for any type of trader, at a time when trading needs get more complex due to the influx of new retail traders joining the financial markets. Already accustomed to serving customers in over 150 countries, this company is aware that each client is unique and with this account types offer, various features are available. 

Regardless of choice (Bronze, Silver, Gold, Platinum, or Premium), each trader will benefit from resources provided by Trading Central (daily newsletters and premium signals), access to an online education center, webinars, seminars, variable spreads, and up to 1:200 leverage.

Premium features like private trading sessions, access to event rooms, Finetero investments, and VIP services will gradually become available when making account upgrades.

Asset List

The diversification seen with account types is also present in the asset coverage. Even though an emphasis is put on the variety of cryptocurrencies available at Finetero, traders need to consider that with this brand they can get involved in tens of currency pairs, hundreds of stocks, the most popular stock market indices, and several actively traded commodities.

Trading costs will be dependent on the account type chosen, given spreads will decrease for larger accounts, alongside commission discounts. The leverage is capped at 1:200 for FX pairs and will be lower for more volatile instruments like stocks or cryptocurrencies. 

Customer Service and Education

Another factor suggesting Finetero is a customer-centric company is the support given via live chat, email, and phone. At the same time, traders benefit from a broad range of educational resources, facilitating proper learning and staying in line with all the latest market developments.

Webinars, seminars, and a comprehensive online educational center include valuable data on how to spot trading opportunities, the fundamentals influencing markets, trading psychology, and risk management. There are enough resources for any beginners to get initiated into the world of trading. For advanced traders, though, the resource volume is smaller, given they need less support.

Summary

Finetero proves to offer a competitive trading ecosystem now when retail traders continue to join en mass. As long as that continues, this company has a promising path looking ahead, given it is possible to trade not just a long list of assets, but also use educational resources and trusted trading software to tackle the markets successfully. We believe Finetero is a reputable trading brand worth taking into account by any retail trader. 

Finetero Review
Finetero Logo

Product Name: Finetero

Product Description: Finetero is a Bitcoin and multi-asset platform, currently offering a robust trading system for both inexperienced and professional traders living across the world.

Brand: Finetero

Offer URL: https://www.finetero.com/Home

[ More ]

  • Trading Software
  • Account Types
  • Asset
  • Costumer Service
4.7

Summary

Finetero proves to offer a competitive trading ecosystem now when retail traders continue to join en mass. As long as that will continue, this company has a promising path looking ahead, given it is possible to trade not just a long list of assets, but also use educational resources and trusted trading software to tackle the markets successfully. We believe Finetero is a reputable trading brand worth taking into account by any retail trader.

 

Pros

  • Five different account types available and a small initial deposit required to get started
  • Professional and fast customer support via live chat
  • Coverage for some of the most traded assets in the world.

 

Cons

  • Finetero does not cover bonds
  • Traders need to make an upgrade to benefit from private trading sessions and access to event room.