Score
FintechFX
United States|5-10 years| https://fintechfx.com/?lang=en
Website
Rating Index
Contact
Licenses
Licensed Institution：MY GROUP FINTECH CO PTY LTD
License No.：493603
Single Core
1G
40G
1M*ADSL
- This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
Basic information
United States
Scam Brokers 5-10 years Suspicious Regulatory License Suspicious Scope of Business Australia Investment Advisory License Revoked Suspicious Overrun High potential riskAccount Information
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Website
Most visited countries/areas
Singapore
Malaysia
Indonesia
fintechfx.com
Server Location
Turkey
Most visited countries/areas
Website Domain Name
fintechfx.com
Website
WHOIS.NAMECHEAP.COM
Company
NAMECHEAP, INC.
Domain Effective Date
2013-05-07
Server IP
185.42.173.248
Company Summary
| FintechFX Review Summary | |
| Founded | 2013-05-05 |
| Registered Country/Region | United States |
| Regulation | Revoked |
| Market Instruments | Forex/Commodities |
| Demo Account | ❌ |
| Leverage | Up to 1:100 |
| Spread | Not mentioned |
| Trading Platform | MT4(Windows/Mac) |
| Min Deposit | Not mentioned |
| Customer Support | Social Media: Facebook,Instragram, Twitter |
FintechFX Information
FintechFX is a financial platform. The tradable instruments with a maximum leverage of 1:100 include forex and commodities. FintechFX provides standard and ultimate ECN accounts with unspecific fee information. FintechFX is risky due to its Revoked status and bad reviews.
Pros and Cons
| Pros | Cons |
| MT4 available | Revoked |
| Leverage up to 1:100 | Inaccessible office website |
| No fee information | |
| Negative feedback |
Is FintechFX Legit?
ASIC regulatesFintechFX but the status is revoked, which makes it less safe than regulated brokers.
What Can I Trade on FintechFX?
Traders can choose different investment directions because the broker provides forex and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Precious Metals | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
FintechFX provides standard and ultimate ECN accounts with swap free accounts.
| Account Type | Standard | Ultimate ECN |
| Leverage | 1:100 | 1:100 |
| Trading instrument | Forex/Commodities | Forex/Commodities |
| Commission | 0 | 0 |
| Margin Call/Stop Out | 100%/50% | 200%/100% |
| Swap Free Account | Available | Available |
FintechFX Fees
The commission is free and swap starts from 0.
Leverage
The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.
Trading Platform
FintechFX has an authoritative MT4 trading platform for Windows and Mac. Junior traders prefer MT4 over MT5.
| Trading Platform | Supported | Available Devices |
| MT4 | ✔ | Windows/Mac |
Customer Support Options
Traders can follow FintechFX via Facebook, Instragram, and Twitter.
| Contact Options | Details |
| Social Media | Facebook, Instragram, Twitter |
| Supported Language | English |
| Website Language | English |
| Physical Address | Not mentioned |
Keywords
- Scam Brokers
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Australia Investment Advisory License Revoked
- Suspicious Overrun
- High potential risk
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香香
Hong Kong
It colludes with FintechFX, changing clients’ order data to lead their positions liquidated. All my accounts suffered great loss overnight.
Exposure
2019-06-09
傅@荣
Hong Kong
Feng Dijia colluded with the trader , who caused a forced liquidation in my account with maliciously purposes. I lost everything. Be aware of the risk.
Exposure
2019-06-06
刘辉
Hong Kong
FintechFX’s people logged in my account and made all my $20000 position liquidated by setting no stop loss order. Those were my hard-earned money. Many people I knew lost every penny on this platform.
Exposure
2019-06-05
香香
Hong Kong
It promised my deposit would be kept safely, but it was all lost overnight. It obviously collided with MIA. No stop loss, the principal is not guaranteed, which caused a forced liquidation in my account.
Exposure
2019-06-04