About Finexo Forex Broker

Finexo is a Cyprus based forex broker, regulated by the BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht), a member of the Federal Ministry of Finance in Germany. They don’t have MetaTrader 4 support, as their trading platform is web-based only, but it is noted to be user-friendly for most clients.

Their 2 pip spread is higher than others, which is to be expected out of most governed, and more secured, forex trading companies. They are reported to have good customer service, as inquiries are responded to promptly, be it over emails of their live chat support, or the phone. Most withdrawals and deposits to/from accounts are made quickly to their clients, and takes less than the regular 3 days. Their no slippage policy is also a great quality of Finexo.

Basic Broker Details

Pros of Finexo Forex Broker

*Fast transactions

*Accepts many modes of payment

*No slippage

*Regulated body

Cons of Finexo Forex Broker

*No MetaTrader 4

*Web-based only platform