FinProfm (finprofm.io) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +61272590560, +16473661464, +442045786227, +33159202386
Addresses: Elias-Canetti-Strasse 2, 8050 Zürich, Switzerland This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: finprofm.io.
My withdrawal from FinProfm (finprofm.io) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for nearly two years of being strung along.
Pros: Clean UI|Low minimum deposit
Cons: Research section could be deeper|Inactivity fee applies after 12 months
The spread at FinProfm (finprofm.io) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them based on a colleague's recommendation and initially thought the platform was good - until I started trading seriously.
Pros: Professional team|Dedicated account manager|High security standards|Easy withdrawals
Cons: Currency conversion fee exists
I opened an account with FinProfm (finprofm.io) for close to eighteen months 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: Dedicated account manager|Multi-currency support
Cons: None so far|Spreads widen during volatile periods
The hidden fees at FinProfm (finprofm.io) 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: API access|Full transparency
Cons: No crypto staking
FinProfm (finprofm.io) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Fast execution|Automated trading options|Transparent fees|Helpful community forum
Cons: Cannot customize dashboard fully
I have been trying to close my account with FinProfm (finprofm.io) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Good analytical tools|Segregated accounts|Easy to use platform|Customizable dashboard
Cons: No live chat on mobile|Wait times can be long during peak hours
KYC with FinProfm (finprofm.io) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Two-factor authentication|Automated trading options|Professional team
Cons: Would like more payment methods
I lost a significant amount because FinProfm (finprofm.io) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: High security standards|Comprehensive tools|Multi-currency support|Risk management tools
Cons: No dark mode on mobile
I requested my data from FinProfm (finprofm.io) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Competitive fees|Comprehensive tools|High security standards|Stable platform
Cons: Inactivity fee applies after 12 months|Limited social trading features