FINEX is a regulated forex broker that facilitates forex , commodity and stock index trading. It was founded in 2012, when there were already hundreds of thousands of transactions from all over Indonesia trading on financial assets on the platform. FINEX is also a trading broker that has achieved 15,000 new accounts opened every month.
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Finex Review 2024
Updated:
—
by
Finex
Broker :
Finex
Founded :
2012
Headquarters :
Indonesia
Trading Desk :
ECN
Regulation
BAPPEBTI
Email :
Website :
finex.co.id
Forex margin trading involves substantial risks. 72.12% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.
Accounts :
Max Leverage :
1:500
Min Deposits :
$10
Base Currencies :
USD, EUR
Swap Free :
Demo Trade :
✅
Copy Trading :
✅
Commission :
$1 Per Lot
Hedging :
Scalping :
Platform :
MT5
Regulation :
BAPPEBTI
Products :
Commodities, Stock CFDs, ETFs, Forex, Indices, Metals
Language :
Bahasa Indonesia
Support :
Address :
Soho Pancoran Tower Splendor FL. 30 Units 3005 Jl. Lt. Gen. MT Haryono Kav 2 – 3 Tebet, South Jakarta 12810
Funding Methods :
Pros
Trading starts from 0.01 lots
Spreads from 0.5 pips
$10 minimum deposit
10+ years in the market
78 trading assets
24/7 support
0% commission on funding
Optimize trading with MetaTrader 5
Cons
Non English website
Indonesia focused
Regulation Details
PT Finex Bisnis Solusi Futures operates based on a permit and is under the supervision of BAPPEBTI, is a member of the Jakarta Futures Exchange (BBJ) and a clearing member of PT Kliring Berjangka Indonesia (KBI).
BAPPEBTI Permit Number:
Forex: 002/BAPPEBTI/SP-PN/01/2022
Futures contract: 47/BAPPEBTI/SI/04/2013
Online trading: 77/BAPPEBTI/12/2014
JFX Membership Certificate Number: SPAB/161/JFX/02/2013
Tradable Instruments
Currency (Forex)
FINEX provides the option to trade foreign exchange with more than 20 foreign exchange trading pairs . This gives users more freedom when carrying out forex trading . This trading is carried out by obtaining the difference between the selling and buying values to gain profits from foreign exchange exchange. Some of the foreign exchange trading pairs offered by FINEX are:
- EUR/USD (Euro with US Dollar)
- USD/JPY (US Dollar with Japanese Yen)
- GBP/USD (Pound sterling to US Dollar)
- AUD/USD (Australian Dollar with US Dollar)
- USD/CAD (US Dollar to Canadian Dollar)
Commodity
The broker provides traders with the option to trade commodities. Commodity trading gives us a way to diversify by buying or selling raw materials such as oil and natural gas, precious metals, and agricultural products. The following are commodity products that can be traded on FINEX:
- XAU/USD (Gold with US Dollar)
- XAG/USD (Silver with US Dollar)
- Crude Oil XTI
Stock Index
FINEX provides the option to trade stock indices. A stock index is a statistical measure relating to all price movements of a group of shares according to criteria that are evaluated periodically. The following are several stock indices traded on FINEX:
- SP 500
- NASDAQ
- DOW JONES
- DAX
- HANG SENG
- NIKKEI
- FTSE
Stocks
The final option provided by FINEX is global stock trading . With this product, traders can buy foreign shares that have been traded on international stock exchanges. The following are some of the global stocks traded on FINEX:
- Apple Inc.
- Amazon com Inc.
- Ebay Inc.
- Alphabet Inc. (Google)
Trading Accounts
The FINEX broker provides two types of accounts that traders can choose to carry out trading activities . The two accounts are Mini and Pro. Below are some complete details about the two types of accounts, including the minimum deposit, commission per lot, and leverage obtained:
- Leverage – Forex & metals 1:500, indices & energies 1:200, stocks 1:100
- Spreads – Floating from 0.5 pips
- Commission – $1 per lot
- Minimum deposit – $10
- Minimum trade volume – Starting from 0.01 lots
- Instrument – 78 (Forex, metals, energies, stocks, indices)
- Trading platforms – MetaTrader 5
- Swap-free (Islamic account) – Yes
- Maximum volume per order – 50
- Maximum open positions – 200
- Margin call/Stop out 50/20
Account Opening
Here is how to open an account at FINEX:
- Open the official FINEX website then click Open real account.
- Fill in the column with the e-mail address you want to register and your telephone number.
- Set your account password.
- Click Register.
- Create a FINEX account
- You will get a confirmation code sent to the telephone number you registered via WhatsApp.
- Enter the confirmation code, then click Confirm.
Trading Platform
Finex launches the advanced MT5 trading terminal with the best execution time quality in the Forex market. Trade on MT5 with leverage up to 1:500 and no requotes.
- 5 digit quote with extra low floating spread
- Fast execution, no re-quotes
- Makes it easier for you to trade with mini and standard volumes
- Unlimited access to MetaTrader and Expert Advisor platforms
- Daily news about the market and technical analysis
How to install
- Download the MetaTrader 5 file. Find the file on your PC and double click it.
- Once the installation window opens, follow the instructions.
- Launch MetaTrader 5 by double-clicking the icon that appears on the desktop.
Customer Support
With 24/7 support from FINEX, traders will always be helped if there are problems or questions, even technical problems. This is FINEX’s dedication to providing a good trading experience for its users.
- Telephone: +62 21-5010-1569
- WhatsApp: +62 811-8105-688
- Fax: +62 21-5010-1046
- E-mail: [email protected]
Address : SOHO PANCORAN TOWER SPLENDOR FL. 30 UNITS 3005 Jl. Lt. Gen. MT Haryono Kav 2 – 3 Tebet, South Jakarta 12810
Deposit and Withdrawals
Finex offers unlimited deposits and withdrawals via well-known Indonesian banks. There are no commissions charged by brokers or payment systems.
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