Finex Review 2026

Item: Finex
Rating: 4.63
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: June 10, 2026

Top Brokers Overview — United States

Min. deposit $10
Fees 6 /10
Account types 6 /10
Regulation 5.8 /10

4.6 /10

High risk

Finex User Reviews 6.0
Commissions and Fees 6.0
Regulation and Safety 5.8
Account Types 6.0
Deposit and Withdrawal 3.5
Markets and Tradable Assets 4.5
Trading Account Opening 9.0
Customer Support 5.0

Finex Pros & Cons

The broker has operated for many years and is highly reliable.
The minimum deposit is $10.
Currencies and CFDs are traded on MT5 platforms.
Leverage is up to 1:500 for metals and Forex currencies.
Finex provides traders with trading education through seminars and webinars.
Floating spreads and a low commission of $1 per lot.
There is a swap-free option for trading on an Islamic account.

Finex is behind other Forex brokers in its quantity and variety of trading instruments.
You cannot open a cent account to trade small amounts.
The broker doesn't offer proprietary investment solutions or support MAM or PAMM accounts.

TU Expert Verdict

Finex carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

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Finex User Reviews

Score:

6 /10

5 total

5-star

0%
4-star

20%
3-star

60%
2-star

20%
1-star

0%

Aart Mols

PRO

1 year ago

finex may not have a lot of different accs, but they put maximum conditions and comfort on what they have. I like the conditions, leverage is high and assets are many.
The most important is customer service, they understand us better because all are "local", and the payments systems are great for Indonesia!

Finex provides a cost-effective trading environment!
At first glance, the trading fee of $1 they charge for each trade might look like an extra cost, but this is a relatively low trading commission if you consider the spreads offered for each instrument.
I was surprised how tight the spreads are, so I am more than happy to pay this low fee and trade on this platform :)

With Finex, you can trade CFDs on currencies, commodities, stocks, and indices, but digital currencies aren’t available. Cryptocurrencies also can’t be used for deposits or withdrawals, and bank transfers are currently the only option. While transactions are fast and commission-free, the limited funding methods may be inconvenient for some traders. I switched to an Islamic account last year to reduce negative swaps, which helped lower my expenses, but the platform still has some limitations compared to other brokers.

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Commissions and Fees

Score:

6 /10

The trading and non-trading commissions of Finex have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

Low Forex trading fees
No inactivity fee
No deposit fee
No withdrawal fee

No ECN/Raw Spread account

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Finex 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, Finex’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.

Finex Standard spreads
	Finex	OANDA	FOREX.com
EUR/USD min, pips	0.5	0.1	0.7
EUR/USD max, pips	0.9	0.5	1.2
GPB/USD min, pips	0.8	0.1	0.9
GPB/USD max, pips	1.5	0.5	1.4

Does Finex support RAW/ECN accounts?

As we discovered, Finex 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 Finex. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

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

Is Finex Safe?

Score:

5.8 /10

Finex has a safety score of 5.8/10, which corresponds to a Medium 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.

Is regulated

Not tier-1 regulated

Finex Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
Abbreviation BAPPEBTI	Full Name Badan Pengawas Perdagangan Berjangka Komoditi (Commodity Futures Trading Regulatory Agency)	Country of regulation Indonesia	Investor Protection Fund No specific fund	Regulation Level Tier-2

Finex Security Factors
Foundation date	-
Negative balance protection	No
Verification (KYC)	Yes

Account Types

Score:

6 /10

Finex offers the following account options: Demo, Standard.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Standard account with balanced trading conditions
Low minimum deposit
Demo account

No ECN/Raw spread account
Micro lots are not available

Finex account types vs top competitors
	Finex	Trading.com	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	No	No	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	No	Yes
VIP	No	No	No
Managed	No	No	No

Finex accounts trading conditions

To make the first trade with Finex, traders should open a trading account, which can be done on the broker's website. Upon registration, a login and password will appear on the screen, which is required for authorization in any version of the trading platform. Finex offers two account types, real and demo.

Account types:

Account Type	Description
Real MT5	This account requires funding using real money. The minimum deposit amount is $10. If a trader wants to trade without accruing swap fees, they can request the swap-free option, also known as an "Islamic account”. The trading commission is the same for all traders, regardless of their turnover.
Demo MT5	Demo accounts come with virtual funding of $5,000. They simulate trading on a Real MT5 account, but the trader uses virtual funds, meaning they cannot earn a profit or lose funds in case of a loss-making trade.

When opening a real account, a demo account is also automatically opened. Additionally, a trader can first open a demo account, and later open a real account, if they are not ready to trade with their funds.

Finex offers trading of over-the-counter market instruments through the most adapted platform, MT5, which can be confirmed by opening a free demo account.

Deposit and Withdrawal

Score:

3.5 /10

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

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

Minimum deposit below industry average
Low minimum withdrawal requirement
Bank wire transfers available
No withdrawal fee

Wise not supported
Limited deposit and withdrawal flexibility, leading to higher costs
BTC payments not accepted

What are Finex deposit and withdrawal options?

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

Finex Deposit and Withdrawal Methods vs Competitors
	Finex	Trading.com	Plus500
Bank Wire	Yes	Yes	Yes
Bank card	No	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	No	No	No

What are Finex base account currencies?

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

What are Finex's minimum deposit and withdrawal amounts?

The minimum deposit on Finex is $10, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Finex’s support team.

Markets and Tradable Assets

Score:

4.5 /10

Finex offers a limited selection of trading assets compared to the market average. The platform supports 300 assets in total, including 27 Forex pairs.

Indices trading
Multiple markets

Limited asset selection
Bonds not available

Supported markets vs top competitors

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

	Finex	Trading.com	Plus500
Currency pairs	27	69	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.	300	69	2800
Stocks	Yes	No	Yes
Commodity futures	Yes	No	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	No	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

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

	Finex	Trading.com	Plus500
Bonds	No	No	No
ETFs	No	No	Yes
Copy trading	No	No	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

9 /10

We successfully registered an account with Finex in 10 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Finex is $10.

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

Fully online account opening process
Fast registration time (up to 15 minutes)
Low minimum deposit requirement

Account approval may require extra time depending on the documentation.

Finex account opening
	Finex	Trading.com	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$10	$50	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	10	20	5
KYC time (days)	2	2	3

Is Finex 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

The process of creating an account on the Finex broker website begins with clicking the "Open Real Account" button. The further actions are described in the instructions below:

Choose a convenient registration method using email, Google profiles, or Facebook. If the client does not want to link their Finex account to their social networks, they can specify their email, name, and phone number in the form and generate a strong password.

The next stage is to confirm your email, phone number, and identity. The email and phone are confirmed by entering one-time codes sent by the broker, and identity is confirmed by uploading scanned copies of documents. Account authorization is done by logging in and entering your password.

Your Finex user account also allows you to:

Make a deposit and request a withdrawal.
View your trading history.
Access statistics on the partner program.

Customer Support

Score:

5 /10

Customer support at Finex is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. Finex provides basic support functionality but does not stand out in overall service performance.

Information

Finex is always open, however, 24/7 support is only available through online chat and WhatsApp. If a trader wishes to contact its representatives by phone, they can do so anytime from Monday to Friday.

Online, on-site, and telephone support
High-speed replies in WhatsApp

Phone client support is time-limited
Support responds slowly to emails

Methods by which a trader can contact Finex:

LiveChat on the official website.
WhatsApp.
Facebook.
Phone.
Fax.
Visiting the office in South Jakarta.

The contact section on the Finex website includes a form to request a callback at a time convenient for the trader.

Contacts
Registration address	PT Finex Bisnis Solusi Futures, Soho Pancoran Tower Splendor FL. 30 Unit 3005 Jl. Letjen MT Haryono Kav 2-3 Tebet, South Jakarta 12810
Regulation	BAPPEBTI
Official site	https://finex.co.id/
Contacts	customer@finex.co.id +62 21-5010-1569

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FAQs

How are Finex trading commissions and non-trading fees structured?

Finex has been assessed as having medium overall fees, with low Forex trading fees and no charges for deposits, withdrawals, or account inactivity. On its Standard account, trading costs are built into floating spreads, with typical EUR/USD spreads ranging from 0.5 to 0.9 pips and GBP/USD from 0.8 to 1.5 pips, though these may widen during high volatility.

What types of trading accounts are available at Finex and what are their key features?

Finex offers a Real MT5 account and a Demo MT5 account, both accessible via the MT5 platform. The Real MT5 account has a minimum deposit of $10 and a uniform trading commission structure, while the Demo MT5 account is funded with $5,000 in virtual money and mirrors real account conditions without real profits or losses; swap-free (Islamic) conditions can be requested for real accounts, but a dedicated ECN/Raw spread or Swap Free account type is not listed.

What do Finex user reviews and feedback indicate about overall client satisfaction?

Finex has a user satisfaction score of 6/10 based on 5 reviews, with 20% of ratings at 4 stars, 60% at 3 stars, and 20% at 2 stars, and no 5-star or 1-star ratings. According to user reviews, overall sentiment is mixed rather than strongly positive or negative.

Which markets and tradable assets can you access with Finex?

Finex provides access to 300 tradable instruments, including 27 currency pairs, as well as stocks, commodity futures, and stock indices. The broker does not offer crypto, bonds, ETFs, copy trading, PAMM investing, or managed accounts, so its range of investment-style products is limited.

How does Finex customer support operate and what feedback-related contact options are available?

Finex offers customer support via live chat on its website, WhatsApp, Facebook, phone, fax, and in-person visits to its South Jakarta office, with 24/7 availability through online chat and WhatsApp and time-limited phone support on weekdays. Response speed and quality are described as moderate and somewhat variable, with faster replies reported on WhatsApp and slower responses by email; traders can also request a callback through a form on the Finex website for follow-up or feedback.