Finaguide Review
General Information | |
---|---|
Broker Name: | Finaguide |
Broker Type: | CFD |
Country: | Saint Vincent and the Grenadines |
Operating since year: | 2022 |
Regulation: | N/A |
Address: | Beachmont, 320 Kingstown, Saint Vincent and the Grenadines |
Broker status: | Active |
Customer Service | |
Phone: | +18009516353 |
Email: | info@finaguide.com |
Languages: | English |
Availability: | 24/5 |
Trading | |
The Trading platforms: | Proprietary |
Trading platform Time zone: | N/A |
Demo account: | No |
Mobile trading: | Yes |
Web-based trading: | Yes |
Bonuses: | No |
Other trading instruments: | Yes |
Account | |
Minimum deposit: | $250 |
Maximal leverage: | 1:400 |
Spread: | Floating |
Scalping allowed: | Yes |
CONTENT
- General Information & First Impressions
- Fund and Account Security
- The Trading Accounts
- The Uptrend Center’s Trading Platform
- Customer Service at The Uptrend Center
- Conclusion
Finaguide Review – How good is this broker?
finaguide.com – General Information & First Impressions
Finaguide is a new brokerage coming in with an affordable price and a versatile service. As such, it aims to attract various groups of traders, regardless of their skill level and fund preference. The broker operates from Saint Vincent and the Grenadines, with offices at Beachmont, 320 Kingstown. The company is a CFD trading service, with assets from every major class available in the broker’s selection. Our Finaguide review will tell you all you need to know about the broker so you could make an informed decision.
One thing to get out of the way is CFD trading, which a fringe group of outspoken traders advises against. However, we guarantee that, for the vast majority of traders, it makes no difference. And by vast majority, we mean over 95%. Even for the ones that it concerns, the concern is so slight it likely won’t make-or-break the decision.
With that out of the way, it’s time we start talking about finaguide.com itself. It’s a modern brokerage with a modern design, both as far as appearance and functionality go. It has a sound color scheme, and the elements on the website fit together well.
Navigating the website is also simple. The broker divided the site into small sections, so it’s simple to find exactly what you’re looking for. It’s quick and runs smoothly, eliminating potential frustration on that front.
As such, our Finaguide review is off to a good start. The broker looks competent and made an effort to look and feel presentable. Naturally, that’s not enough to buy us over entirely, but it’s a good starting point for any broker.
Fund and Account Security
While having an appealing website is nice, keeping your customers safe is much more important. The finance world attracts scammers and bad players like a flame attracts moths. Unfortunately, it seldom leads to their demise. Malicious individuals and entities are out and about in finance, and if you make a judgment lapse, they’ll close their jaws around you. As such, you need to be careful where you deposit your money.
Luckily, not every new company is scam, despite what some figureheads may have you believe. Yes, it’s normally safer to go with an established company, but they often become too complacent. As a result, their trading conditions become obsolete, limiting your earning potential.
Finaguide, however, seems to merge the best of both worlds. It gives us ample reason to trust it, ranging from its documentation to the overall website setup method.
All of the broker’s legal documentation is clear, which is important because scammers hide their malicious clauses there. They do that to shift blame and make it harder for users to get litigious. Naturally, the entire tactic hinges on you not reading the terms and conditions.
Next, we already mentioned earlier in our finaguide.com review that the website is clear. That’s another factor that makes us more at ease since scammers usually try and paint a distorted picture. They attempt to attract users with unreal conditions that are half-truths or full lies.
Finaguide also allows users to take care of their security by enabling authenticators and encryption. As such, all but the most reckless users will be able to keep their accounts free of intrusion. Finaguide offers a full suite of security conditions, covering both trust and outside threats.
Registration at Finaguide.com
To register at finaguide.com, you need to press one of the numerous colored buttons on the site. They say start trading or get started, so they’re fairly difficult to miss, especially since they’re visually prominent. That means the broker includes good UI practices, aiming to make its users’ experience smoother and more comfortable.
The registration screen itself is about what you’d expect to see from a broker. It requires personal info such as age and address and asks you to accept its terms by checking boxes.
Two additions that Finaguide makes are the ability to input a code for either referrals or bonuses and select your account currency. The former is useful if you learned of the broker through someone you know, and the latter avoids conversion mishaps.
The Trading Accounts
Finaguide set up its accounts similarly to how most brokers do. It has minimal deposit requirements for each type, which you can reach at once or via cumulative deposits. There are seven variations in total, each more potent than the previous.
The budget option is called Standard and requires a deposit of $250. For anyone that wants to get involved in trading, that sum shouldn’t present an issue. That’s especially true since it’s a deposit and not a payment, meaning you can use all that money for trading.
The other accounts aren’t overinflated to the point where they’re necessary. Finaguide made sure to set up its service so that the Standard option could fairly compete in markets. Everything above that is simply luxury and added assistance, unlocking features such as push alerts.
Here are some of the features of the accounts at finaguide.com:
Standard
- $250
- Basic access to trading instruments
- One-click trading enabled
- Mobile trading allowed
- No extra fees on transactions
- EUR, USD base currencies
- Educational resources and tools
- Daily market analysis and insights
Classic
- $2,000
- Basic access to trading instruments
- Islamic/swap-free trading accepted
- One-click trading enabled
- No extra fees on transactions
- EUR, USD base currencies
- Educational resources and tools
- Daily market analysis and insights
Plus
- $20,000
- Basic access to trading instruments
- Islamic/swap-free trading accepted
- One-click trading enabled
- No extra fees on transactions
- Educational resources and tools
- Daily market analysis and insights
- Financial markets coverage
Superior
- $50,000
- Key market SMS & Push alerts
- One-click trading enabled
- No extra fees on transactions
- Educational resources and tools
- Daily market analysis and insights
- Financial markets coverage
- Exclusive market updates
Premium
- $100,000
- Full access to trading instruments
- Private account management
- Key market SMS & Push alerts
- Educational resources and tools
- Daily market analysis and insights
- Financial markets coverage
- Exclusive market updates
Premium Pro
- $250,000
- Full access to trading instruments
- Private account management
- Free account installation
- Trading strategies allowed
- Daily market analysis and insights
- Financial markets coverage
- Exclusive market updates
Platinum Vip
- $1,000,000
- Custom access to trading instruments
- Private account management
- Receive our very best prices
- Trading strategies allowed
- Exclusive events and promotions
- Real-time priority support
- Exclusive market updates
Finaguide’s Trading Platform
As we said earlier in our Finaguide review, it’s a modern brokerage. Naturally, that means its tech can’t be outdated like a lot of trading software is. As such, it developed a proprietary platform that emphasizes quick execution and intuitiveness. It’s built with powerful features for trading and charting tools and structured to access a wide range of markets. To that end, it also minimizes trading costs for users, positioning Finaguide as a potent broker.
Furthermore, you can access the platform any way you like. For the best optimization, you’ll likely want to go for the downloadable client terminal. If you want to be mobile and always have the ability to respond to markets, there’s a mobile app. And if you want a mix of the two, as well as the ability to access it on any desktop device quickly, there’s the Web trader.
Funding and Pricing
Funding and pricing, along with security, are the first things you want to consider when visiting a new brokerage. Most traders are in it for the money, and if you’re not, there are much more inexpensive and entertaining hobbies.
It’s important for a broker to find a balance. On one side you need to cover the costs of operating a brokerage, pay your employees, and earn money. On the other, you need to provide the best possible prices to users to stand out.
As we said earlier in our Finaguide review, the broker uses an efficient platform. That minimizes the costs for users, which happen via spreads. The spreads themselves are tight and make the broker cheap for all but the most high-volume traders.
The deposits and withdrawals are quick as well, eliminating the chance that you’ll miss a trade. If you find that you want to take a larger position due to a market development, you can quickly top up. All the standard options are there, so you won’t need to search alternative funding methods.
Finaguide’s Trading Products
You can access a selection of over 1,200 assets via Finaguide’s platform. The broker has assets from all the leading categories, including stocks and digital currencies. You don’t need to own crypto to trade it, of course, making Finaguide a good starting point for digital currency enthusiasts. Here’s a rundown of the trading instrument classes at finaguide.com:
- Currencies
- Spot Metals
- Commodities
- Indices
- Digital Pairs
- Stocks
Customer Service at Finaguide
Finaguide has a good customer support structure that operates 24/5. It has a telephone service and live chat for quick communication and an email for less urgent problems.
Phone: +18009516353
Email: info@finaguide.com
Conclusion
To wrap up our Finaguide review, we can only say that it’s a modern brokerage that others should look up to. It employs modern technology to create versatility and become able to welcome diverse traders. On top of that, it remains potent, meaning it’s functionally sound on top of its adaptability. It minimizes fees, has an immensely broad asset library, and a smooth, intuitive platform.
If you’re searching for a new broker, head over to finaguide.com and give it a go. The broker’s excellent customer treatment and powerful tools are sure to get you hooked.
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