Finowiz Journal
| Journal status: live Finowiz joined in | not yet |
Finowiz Profile
Website
Year
2006
Country
SVG
Branches
4
Regulation
not regulated
Registration
FCA UK, CySEC Cyprus, FSCA South Africa,
SCB Bahamas
Investor protection
Fund protection
Cyprus Investor Compensation Fund (ICF)
Publicly traded
no
Restricted in
Not serving
...
Broker type
MM, ECN marketing
Dealing book
A+B hybrid book
Tier
3
Execution speed
14 ms
LPs total
...
LPs quality
...
LPs names
...
Finowiz Accounts
MM
ECN
Minimum Deposit
1000 $
2500 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1 pips
0 pips
Commission
0 $/lotRT
10 $/lotRT
Volume
10 lots
10 lots
Margin Call
100 %
100 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Bank Wire
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after ... months
| Update broker |
- Full listing profile: Finowiz broker profile
Is Finowiz safe?
- Investor protection: Cyprus Investor Compensation Fund (ICF)
- Regulation: not regulated
- Registration: FCA UK, CySEC Cyprus, FSCA South Africa, SCB Bahamas
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: yes
Is Finowiz trusted?
- Information transparency: poor
★ - Customer service: ...
- Finowiz website: uninformative, updated
★★ - Finowiz popularity (by visitor count): least visited
★
How Finowiz works
Scalping Policy
To provide the best service and stability of our platforms, systems and products, we do not allow Scalping on any of our trading platforms. “Scalping” is defined as a method where traders open and close trades within 180 seconds on FX, 300 seconds on Metals and all other CFDs.
Finowiz Fintech Limited reserves the right to cancel orders or void transactions for Scalping, Machine Gunning, Churning, Misquotes, and Hedging. Introducing Brokers and CPA Affiliates WILL NOT receive any Fees and/or commissions for transactions that are defined as Scalping trades.
https://www.finowiz.com/cms/trading-policy
No Client Agreement found on the website. General Terms available.
https://www.finowiz.com/cms/terms
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