FINEX TRADE / finex-trade.com has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I joined FINEX TRADE / finex-trade.com based on a colleague's recommendation and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Clean UI|Intuitive for beginners|Great customer service|Portfolio tracking tools
Cons: Email notifications too frequent|No phone support on weekends
I wanted to transfer my portfolio from another broker to FINEX TRADE / finex-trade.com. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: High security standards|Good mobile app|Automated trading options|Two-factor authentication
Cons: Help articles are sometimes vague
I invested $500 with FINEX TRADE / finex-trade.com after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Conduct Authority.
Pros: Professional looking website
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
I experienced a security concern with my FINEX TRADE / finex-trade.com account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Smooth onboarding|Personal attention
Cons: Wait times can be long during peak hours|Limited social trading features
I had high hopes for FINEX TRADE / finex-trade.com after seeing their ad online, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Wide product range|Demo account available|Multiple order types|Portfolio tracking tools
Cons: Limited social trading features
Do not believe the bonus offer from FINEX TRADE / finex-trade.com. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through my accountant's suggestion and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Reliable uptime|Automated trading options|Real-time alerts
Cons: Search feature is basic
The only good thing about FINEX TRADE / finex-trade.com is that they remind you why regulation matters. I found them through word of mouth in my investment club. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Great customer service|Economic calendar|Low minimum deposit|Regular platform improvements
Cons: Alert system is basic|Charting tools need more indicators
I opened an account with FINEX TRADE / finex-trade.com for a couple of months now ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Copy trading available|Multi-device support
Cons: No fractional shares|Spreads widen during volatile periods
If you are reading this considering FINEX TRADE / finex-trade.com - run. I wish I had read more negative reviews after a family member had a good experience. I thought the positive ones were real. Maybe some are. My experience over since early this year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Clean UI|Instant funding|Easy withdrawals
Cons: Account statements could be more detailed|No integrated tax optimization
I had a dispute with FINEX TRADE / finex-trade.com and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Smooth onboarding|Full transparency|No hidden fees|Good analytical tools
Cons: Inactivity fee applies after 12 months|Charting tools need more indicators