Investment Companies

Finstera

1.2 (13 reviews)
🇧🇪 Belgium
Visit Website
1.2
13 reviews
5
0
4
0
3
0
2
3
1
10

About Finstera

Finstera has been flagged by Financial Services and Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

Write a Review

Introducing broker lied to me

D
Daniel M.
1 months ago

I am in a dispute with Finstera over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Fast execution|Educational resources|Easy withdrawals

Cons: Help articles are sometimes vague|Search feature is basic

Referral bonus never received

P
Patrick C.
3 months ago

Do not believe the bonus offer from Finstera. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited based on a colleague's recommendation and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Detailed reporting|Stable platform|Intuitive for beginners|Quick verification

Cons: Search feature is basic

Avoid at all costs

N
Nathan C.
5 months ago

I found Finstera after a friend recommended them and the initial impression was positive. But for a few weeks now later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Excellent charting|Easy to use platform

Cons: Spreads widen during volatile periods

Duplicate charges on my card

R
Ruby L.
5 months ago

I joined Finstera while looking for alternatives to my previous provider 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: Automated trading options|No hidden fees|Tax reports included|Real-time alerts

Cons: No dark mode on mobile|Currency conversion fee exists

Important information for potential investors

R
Robert S.
6 months ago

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: Flagged by international regulators|Due diligence required

Total fraud - reported to authorities

E
Edward A.
6 months ago

I invested $500 with Finstera 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 Services and Markets Authority.

Cons: Blocked my account|No legitimate license|Fake returns

Stay away from Finstera

M
Monica R.
6 months ago

I gave Finstera a fair chance. After for just over a year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.

Pros: No hidden fees|Easy withdrawals|Educational resources

Cons: No phone support on weekends|None so far

Total fraud - reported to authorities

H
Harry P.
6 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that Finstera is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

CFD pitch was aggressive

Z
Zoe E.
6 months ago

Finstera locked my account without warning and demanded documents I had already submitted. since the beginning of the year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: Tax reports included|Regular updates|Comprehensive tools|Good analytical tools

Cons: Spreads widen during volatile periods

Something doesn't add up here

R
Robert J.
9 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Finstera 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.

Pros: Website looks legitimate on the surface

Cons: Not registered with regulators|Unrealistic promises