Fintevex is trying hard to be a trading platform that offers stocks, cryptocurrencies and forex to the retail crowd. Their website has the gamification vibe that might attract the younger crowd. At first glance, even though they talk a lot about the benefits of trading with them, the conditions are not as clear as they could have been.
Account types are plenty and the starting capital raises significantly if you need more features. Regulatory status is bleak and the entire framework lacks transparency. Go over this blog post to understand the entire picture.
Fintevex Overview
This platform is nothing more than an unregulated broker. The offerings are wide, but the trading conditions are mysterious. Leverage is also capped at 1:25. Payment methods are not listed, processing time is also not close to industry standard.
Demo accounts are apparently provided, but for obvious reasons, we were hesitant to put in our email address. No MT4 or MT5 support in case you are wondering about the compatibility. Compared to most reputable solutions, this one doesn’t have any unique edge whatsoever.
Support
Ironically enough, we found a lot of contact information on their website. Here are the specifics.
Email – support@fintevexmail.com
Address – Quai de l’Ile 13, 1204 Genève, Switzerland
Phone – +44-2045786996, +61-272538917, +33-159202954, +1-6473665986.
Is Fintevex Scam or Legit?
Fintevex is a shady platform. They have purposefully not mentioned or highlighted anything about regulation. Testimonials outside their platform are hard to find and almost impossible to verify. Plus, Australian authorities have blacklisted them.
On LinkedIn, there are no users linked to this organization. Social proof along with every important parameter suggests that the best thing to do is avoid them. So, regardless of the claims they make, maintain distance.
Bottom Line
It would be an understatement to say that there are thousands of online brokers out there. Over the years, there is a clear observation that suggests that it is not worth the risk to move forward with an unregulated entity.
As such, we encourage our followers to follow the guidelines by top regulators and to put their safety above everything else.
