Finixure has been flagged by Finansinspektionen for "Fraud and Other Types of Misconduct". Loan Fee Fraud
Finixure has a website (www.finixure.com) and is using the following contact information:
Finixure
C. Alcalá, 48
Centro
28014 Madrid
Spain
Telephone: +447404231608
+48793237826
E-mail: [email protected] This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.finixure.com.
I wanted to transfer my portfolio from another broker to Finixure. 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: Great customer service|Social trading features
Cons: Limited cryptocurrency options
Tried to withdraw my funds from Finixure and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
My card was charged twice by Finixure on the same day. I had to dispute it with my bank. Finixure then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: No hidden fees|Social trading features
Cons: Minimum deposit could be lower|Mobile app could be improved
Finixure has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Good analytical tools|Instant funding|Wide product range|Regular updates
Cons: No integrated tax optimization|Currency conversion fee exists
Do not be fooled by the professional-looking website. Behind the scenes, Finixure is disorganized and incompetent. I found them after doing extensive research and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Easy to use platform|Personal attention
Cons: Would like more payment methods|Wait times can be long during peak hours
After for over three years with Finixure, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Transparent fees|Tax reports included|Clean UI
Cons: Could offer more webinars
After for about three months with Finixure I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Multi-currency support|Instant funding|Risk management tools
Cons: No dark mode on mobile
Several red flags with Finixure: (1) They promise unrealistically high returns, (2) They're not registered with Finansinspektionen, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Unauthorized firm|Found in IOSCO warnings database
I opened an account with Finixure since I opened my account last year 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: Customizable dashboard|Automated trading options|Regular updates|Copy trading available
Cons: No fractional shares