Fyntra has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Fyntra This company is a suspected boiler room, a form of online investment fraud. Fyntra has approached persons without being asked, to offer them investment proposals. A boiler room is a coll... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://www.fyntraf.com.
Fyntra advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Fast execution|Clear documentation|Good analytical tools|Regular platform improvements
Cons: Limited ETF selection
I invested $1,000 with Fyntra 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 The Dutch Authority for the Financial Markets.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
Customer support at Fyntra seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Economic calendar|Easy withdrawals|Segregated accounts
Cons: Help articles are sometimes vague
Fyntra had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Reliable uptime|Educational resources
Cons: Cannot customize dashboard fully|Could offer more webinars
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Fyntra 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: Not registered with regulators|Unrealistic promises
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Fyntra recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Automated trading options|Market news feed
Cons: Inactivity fee applies after 12 months|Email notifications too frequent
My withdrawal from Fyntra 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 the past year and a half of being strung along.
Pros: Reliable uptime|No hidden fees
Cons: No fractional shares|Email notifications too frequent
My card was charged twice by Fyntra on the same day. I had to dispute it with my bank. Fyntra 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: Full transparency|No hidden fees|Tax reports included
Cons: Would like more payment methods