Finam Review 2026

Item: FINAM
Rating: 5.38
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: July 01, 2026

Top Brokers Overview — United States

Min. deposit $0
Fees 4 /10
Account types 0 /10
Regulation 8 /10

5.4 /10

Moderate risk

FINAM User Reviews 5.6
Commissions and Fees 4.0
Regulation and Safety 8.0
Deposit and Withdrawal 4.0
Markets and Tradable Assets 5.8
Trading Account Opening 8.0
Customer Support 3.0

FINAM Pros & Cons

License from the Central Bank of Russia
Negative balance protection for retail clients
No hidden fees
Direct access to the currency market
Regulated trading with leverage limits
Official client support and education

No cent accounts
No Islamic accounts
Only 36 trading instruments
High spreads starting from 12 pips

TU Expert Verdict

FINAM demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

Top-5 Brokers Traders Prefer

zForex

8.1 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.6 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

Trading.com USA

6.2 /10

Regulation Tier-1

EUR/USD 0.9 pips

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

FINAM User Reviews

Score:

5.6 /10

22 total

5-star

0%
4-star

17%
3-star

61%
2-star

4%
1-star

17%

FinamFX offers different types of accounts, which allows you to find the right conditions for your personal trading style. The standard account suited me, where the spreads were narrow enough for my news strategy. It took a couple of minutes to deposit via card, and withdrawal of funds didn't take long either - the amount of $70 was received on the same working day. I appreciated the transparent commission structure and support in Russian.

FinamFX предлагает разные типы счетов, что позволяет подобрать подходящие условия под личный стиль торговли. Мне подошёл стандартный счет, на котором спреды оказались достаточно узкими для моей стратегии на новостях. Пополнение через карту прошло за пару минут, вывод средств тоже не заставил ждать — сумма $70 поступила в тот же рабочий день. Оценил прозрачную структуру комиссий и поддержку на русском языке.

FinamFX offers different types of accounts, which allows you to find the right conditions for your personal trading style. The standard account suited me, where the spreads were narrow enough for my strategy on news. It took a couple of minutes to deposit via card, and withdrawal of funds didn't take long either - the amount of $70 was received on the same working day. I appreciated the transparent commission structure and support in Russian.

FinamFX broker cares about client security: data is protected, all transactions are confirmed by SMS or email. It was important for me to see that the money in my account was protected not only legally, but also technically. The verification procedure was quick, the documents were accepted without any unnecessary requests. Additional notifications about logins give confidence in the safety of the account.

Брокер FinamFX заботится о безопасности клиентов: данные защищены, все операции подтверждаются по SMS или email. Для меня важно было видеть, что деньги на счёте защищены не только юридически, но и технически. Процедура верификации прошла быстро, документы приняли без лишних запросов. Дополнительные уведомления о входах дают уверенность в сохранности аккаунта.

Make your review professional!

In order to send a review as a PRO, fill out all fields of the form.

What's in it for you?

This review will be posted higher on the list than others.
More users will be able to see your review.
Your review will be marked as "PRO".

Add your photo:

Available JPG or PNG Change

Rate the company:

Each star gives 2 points to the company's score.

POINT OUT THE ADVANTAGES OF THE COMPANY

Point out its weaknesses

Your Name

Social media link:

Leave a message:

Add your image or video:

Commissions and Fees

Score:

4 /10

The trading and non-trading commissions of FINAM have been analyzed and rated as having High fees, with a fees score of 4/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

No inactivity fee
No withdrawal fee

Above-average Forex trading fees
No ECN/Raw Spread account

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of FINAM with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, FINAM’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

FINAM Standard spreads
	FINAM	ZForex	OANDA
EUR/USD min, pips	0.6	0.1	0.1
EUR/USD max, pips	2.0	0.4	0.5
GPB/USD min, pips	0.9	0.2	0.1
GPB/USD max, pips	2.0	0.6	0.5

Does FINAM support RAW/ECN accounts?

As we discovered, FINAM does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with FINAM. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

FINAM Non-Trading Fees
	FINAM	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0-3	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0-15
Inactivity fee ($, per month)	0	0

Is FINAM Safe?

Score:

8 /10

FINAM has a safety score of 8/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection

Track record of less than 8 years

FINAM Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
Abbreviation Bank of Russia	Full Name Central Bank of the Russian Federation	Country of regulation Russian Federation	Investor Protection Fund Compensation fund of the Forex Dealers SRO (Association of Forex Dealers, AFD) — compensates retail clients if a licensed forex dealer goes bankrupt; funded by member contributions.	Regulation Level Tier-1

FINAM Security Factors
Foundation date	-
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

0 /10

FINAM offers the following account options: Demo, Standard, VIP, Managed.

However, FINAM does not provide a Standard account, which can be a drawback for traders who prefer classic spread-based pricing models.

Demo account
Standard account with balanced trading conditions
Exclusive VIP account with enhanced trading conditions

Micro lots are not available
No ECN/Raw spread account

FINAM account types vs top competitors
	FINAM	ZForex	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	No	Yes	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	Yes	Yes
VIP	Yes	No	No
Managed	Yes	No	No

FINAM accounts trading conditions

A trading account is opened in Russian rubles. The service is available to adult citizens of the Russian Federation who are not individual entrepreneurs.

Account types:

Account Type	Description
Live	A real MT4 account for trading 36 Forex instruments. Not intended for stock exchange access.
Demo	A virtual account for both beginners and experienced traders. Designed for training and testing strategies in simulation mode.
Unified	Not a classic Forex account, as it does not allow spot Forex trading with leverage. However, it can be used to trade currency as an exchange instrument on the Moscow Exchange, SPB Exchange, and international markets. Available on QUIK, Transaq, and FinamTrade terminals.

Deposit and Withdrawal

Score:

4 /10

FINAM received a Low score for the efficiency and convenience of its deposit and withdrawal processes.

FINAM offers limited payment options and accessibility, which may impact its competitiveness.

Bank card deposits and withdrawals
Bank wire transfers available
No withdrawal fee
Low minimum withdrawal requirement

USDT payments not accepted
BTC payments not accepted
PayPal not supported

What are FINAM deposit and withdrawal options?

FINAM offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire. This limitation may restrict flexibility for users, making FINAM less competitive for those seeking diverse payment options.

FINAM Deposit and Withdrawal Methods vs Competitors
	FINAM	ZForex	Plus500
Bank Wire	Yes	No	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	No	Yes	No

What are FINAM base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. FINAM supports the following base account currencies: RUB.

What are FINAM's minimum deposit and withdrawal amounts?

The minimum deposit on FINAM is $0, while the minimum withdrawal amount is Ragnes. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FINAM’s support team.

Markets and Tradable Assets

Score:

5.8 /10

FINAM offers a limited selection of trading assets compared to the market average. The platform supports 36 assets in total.

Commodity futures are available
Copy trading platform
Passive income with bonds

Small selection of currency pairs
Crypto trading not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by FINAM with its competitors, making it easier for you to find the perfect fit.

	FINAM	ZForex	Plus500
Currency pairs		50	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	36	80	2800
Stocks	Yes	Yes	Yes
Commodity futures	Yes	Yes	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	No	Yes	Yes
Stock indices	Yes	No	Yes
Options	Yes	No	Yes

Investment options

We also explored the trading assets and products FINAM offers for beginner traders and investors who prefer not to engage in active trading.

	FINAM	ZForex	Plus500
Bonds	Yes	No	No
ETFs	Yes	No	Yes
Copy trading	Yes	Yes	No
PAMM investing	No	No	No
Managed accounts	Yes	No	No

Trading Account Opening

Score:

8 /10

We successfully registered an account with FINAM in 25 minutes. The KYC verification was completed within 3 business days. The minimum deposit amount at FINAM is $0.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Low minimum deposit requirement
Fully online account opening process

Registration process may take longer than expected
Account approval may require extra time depending on the documentation.

FINAM account opening
	FINAM	ZForex	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$0	$10	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	25	8	5
KYC time (days)	3	1	3

Is FINAM available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

A trading account can be opened at a Finam office or on its official website. For online registration, follow these steps:

Fill out the form with your full name, phone number, and email.
Wait for a call from a company employee to proceed with the next steps.
Provide documents and sign the framework agreement.

Additional features of the user account allow traders to:

Open additional accounts.
Deposit and withdraw funds.
Manage balances of active accounts.
Download the MT4 platform.
Contact support.

Customer Support

Score:

3 /10

The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.

In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.

Information

Finam provides Russian-language technical support, educational materials, and assistance with registration, verification, and platform onboarding. Chat support is available 24/7. Phone support is available Monday through Friday from 09:30 to 21:00 without breaks, and on Saturday from 10:00 to 16:00 (GMT+3).

Online support 24/7
Free calls on Beeline, MTS, MegaFon, and Tele2 networks
Company offices in 70+ cities

No support via social networks

Finam’s communication methods:

Online chat on the website.
Email.
Call center.
FinamTrade app.

Contacts
Registration address	Moscow, Nastasyinsky Lane, 7, building 2
Regulation	Central Bank of Russia Licence number: 045-13961-020000
Official site	https://finamfx.ru/
Contacts	info@forex.finam.ru +7 (495) 796-90-24

Best FINAM Alternatives

zForex

8.1 /10

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.6 /10

Regulation Tier-1

EUR/USD 0.5 pips

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

Trading.com USA

6.2 /10

Regulation Tier-1

EUR/USD 0.9 pips

FOREX.com

6.9 /10

Regulation Tier-1

EUR/USD 0.7 pips

FAQs

How are FINAM’s trading spreads and non-trading fees evaluated in recent reviews?

FINAM’s overall fee level is rated as high, with a commissions and fees score of 4/10, mainly due to above-average Forex trading fees and the absence of ECN/Raw Spread accounts. Standard account spreads on EUR/USD typically range from 0.6 to 2.0 pips and on GBP/USD from 0.9 to 2.0 pips, while non-trading fees include a 0–3% deposit fee but no inactivity or withdrawal fees.

What types of trading and investment accounts are available at FINAM?

FINAM offers Demo, Standard, VIP, Managed, Live, and Unified accounts, covering both practice and real trading options. The Live account provides access to 36 Forex instruments via MT4, while the Unified account is used for trading currencies as exchange instruments on venues such as the Moscow Exchange and SPB Exchange rather than for leveraged spot Forex.

What do user reviews and feedback indicate about FINAM’s overall client satisfaction?

FINAM has a user satisfaction score of 5.6/10 based on 22 reviews, with most ratings clustered around 3 stars and no 5-star reviews reported. According to user reviews, this distribution suggests a mixed perception of the broker’s services, with both positive and negative experiences reflected in the feedback.

Which markets and investment products can traders access with FINAM according to user feedback?

FINAM provides access to 36 tradable assets, including stocks, commodity futures, stock indices, and options, but does not support cryptocurrency trading. In addition, the broker offers bonds, ETFs, copy trading, and managed accounts, which may appeal to users interested in more passive or assisted investment approaches, although specific user feedback on each product type is not detailed in this section.

How does the FINAM account opening process work and how long does it take?

Opening an account with FINAM can be done fully online or at a company office, with online registration typically taking about 25 minutes and KYC verification around 3 business days. The process involves submitting personal details, waiting for a follow-up call, providing documents, and signing a framework agreement, after which users can open additional accounts, manage balances, and access MT4 through their client area.