Finorium Bank / finorium.com has been flagged by Swiss Financial Market Supervisory Authority for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I was contacted by Finorium Bank / finorium.com through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
The spread at Finorium Bank / finorium.com is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them when my bank disappointed me and I searched for alternatives and initially thought the platform was good - until I started trading seriously.
Pros: Economic calendar|Transparent fees|Regular platform improvements
Cons: Desktop app not available on Linux|Currency conversion fee exists
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Pros: Information is publicly available for verification
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I want to warn everyone about Finorium Bank / finorium.com. They have been flagged by Swiss Financial Market Supervisory Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
The hidden fees at Finorium Bank / finorium.com are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Social trading features|Easy to use platform|Dedicated account manager|Multi-device support
Cons: No dark mode on mobile|Minor UI glitches occasionally
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Finorium Bank / finorium.com has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Swiss Financial Market Supervisory Authority|Cannot verify credentials
The onboarding at Finorium Bank / finorium.com was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Clear documentation|High security standards
Cons: Limited demo account features
Finorium Bank / finorium.com offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Real-time alerts|Demo account available|Customizable dashboard
Cons: No dark mode on mobile|Slow to add new assets
I opened an account with Finorium Bank / finorium.com for over three years 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: Economic calendar|Smooth onboarding|Competitive fees|Quick verification
Cons: No live chat on mobile
I joined Finorium Bank / finorium.com after reading several online reviews 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: Great customer service|Social trading features|Segregated accounts
Cons: Onboarding videos are outdated