FinuTrade Review
If you are interested in getting involved with online trading, then you must consider FinuTrade. This is because there are so many brokers nowadays, and so it can be hard to know which ones are not only genuine but also what choice may be the best suited for your individual needs and preferences. With that in mind, this detailed FinuTrade review shall go over all of the main aspects of this brokerage firm and how it can help you get started.
Account options
Firstly, we would always suggest branding new and inexperienced traders choose a demo account if possible when choosing a broker. This is because while online trading has its benefits, it also has its risks, and inexperienced traders thus fall into several traps and are increasingly likely to make mistakes. Hence, the demo account option is highly useful because new traders can utilize it to practise different trading strategies and see what does and does not work. Since there is no real money on the line, there is no risk here either.
Apart from the demo account function provided by FinuTrade, it is important to note that Finutrade actually has two different kinds of accounts, namely ‘Investment’ and ‘Brokerage’. If you desire to have a complete trading experience (filled with both profits and risks), then choose the brokerage option. Otherwise, you should select the investment option as this one is often primarily used to avoid risks and enjoy returns.
As such, there are four main types of accounts provided by FinuTrade, with both types being available for both brokerage and investment account options. We have ‘Silver’, ‘Gold’, ‘Platinum’, and ‘Diamond’. The details of each account will vary depending on traders’ individual preferences, needs, budget and risk appetite.
Trading platform
You cannot really consider a broker to be great until and unless it has a good trading platform. FinuTrade, therefore, uses MT4, which is great as this is a fantastic choice and one that traders all over the world are familiar with and use regularly. The great thing about MetaTrader 4 is that it can be used by both new traders and professionals, thereby increasing accessibility.
You can access the trading platform via a download onto your PC or by simply using your browser through the ‘Web-Trader’ function provided by FinuTrade. The latter choice is certainly easier and faster as you can start trading straight away without any complicated download processes. Also, iOS and Android devices may be used to access the platform as well.
Asset index
A broker is essentially useless and redundant if it does not offer the tradeable asset that you are searching for. This is a shame as, more often than not, most of the other aspects of several brokers could be fantastic, but the asset index is usually lacking. You do not need to worry about that with FinuTrade, though, as here you will find many assets that you can trade with.
When we went through the broker’s website, we saw listings of various cryptocurrencies, stocks, forex, indices and commodities, thereby making FinuTrade’s asset index diverse and strong.
Education
It is common knowledge that not all traders will be at the same level, as some might have begun trading years ago whereas others may have just started. No matter what the case might be, it is always a good idea to keep up to date on all things in the industry.
With that in mind, FinuTrade offers an extensive range of educational material that you can keep yourself busy with, including webinars, seminars, eBooks, guides, tutorials, videos, and the latest industry-related news as well as market updates.
Customer support
Finally, you will never have to worry about any unexpected problems you might encounter when using FinuTrade, as the broker’s customer support team works 24/5 to fix these technical issues. You can contact the team through an online form or through direct call as well as email.
Final verdict
We are confident in recommending FinuTrade to both professional and new traders because it truly does cater to everyone. The services are extensive, and the features are vast but never overwhelming. All in all, this is an amazing broker, and we hope that you give it a try.
