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Finexo Review

Finexo is a forex broker that has become very popular because of the excellent services it provides. Opening a real account at Finexo requires only a very small deposit of $25, and the web based trading platform gives you all the tools needed to become a successful forex trader.

Head office: Dusseldorf, Germany

Minimum deposit: 25 USD

Leverage: 1:200

Spread EUR/USD: 2 pips

Payment methods: Credit Card, Pay Pal, Moneybookers, Neteller, U Kash, Giro Pay, Wire Transfer, Liberty Reserve, eBullion

Website: www.finexo.com

Finexo is a German based Forex company and was established in 2003; they are one of the leading trading services for both rookie and veteran traders around the globe. Finexo wants to be a trading broker that isn’t just for experienced traders; they have gone out of their way to make their site friendly for the new traders and allow them to trade easily, without any hassles.

They provide a web-based service and to begin all you have to do is open an account. They offer three different account options and they include: A mini account is established with a minimum of a $25 deposit, and to open a classic account all you need to put down is a minimum of $500. Should you decide you want to go for a VIP account; this service is going to cost you a minimum of $5,000. Clients can start trading with a minimum of twenty five dollars. Finexo has plenty of different payment methods as well; users can use eBullion, Master Card, Moneybookers, Paypal, Neteller, Giro Pay, Liberty Reserve and Bank Wire Transfer. They give you the options of over fifty different currencies to choose from and some of the pip values on the major currencies can be found for as low as 3 pip. They also provide their users with an opportunity to trade with your mobile phone when you can’t get to a computer.

One of the benefits of using Finexo is that they allow you to open different positions using versatile trade orders. You can do a Market Trade and it is just like it sounds; you can buy and sell currency at the market price. They offer Entry Order and that opens a trade at a future price and a user can specify if it is a hit or breached. An Entry Stop is to buy or sell at a less then favorable price and the opposite is an Entry Limit and that buys and sells at a more favorable price. The last position is the Market Order and that is when a client buys or sells at the earliest Market Price and used while the market is closed.

Finexo wants their clients to improve their trading skills and learn while they make money. They provide the necessary daily reports and market analysis so users can keep up to date on all the different currencies and their market value. They make sure the information is continuously updated and make the information available as soon as possible.

Finexo offers plenty of help via online chat and email and do whatever they can to provide all their clients with all the help they need to become successful. They also offer their site in all sorts of different languages, they include: English, French, Dutch, German, Chinese, Russian, Portuguese, Turkish, and even Arabic.

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