Finetero Review – A Recommended Cryptocurrency Broker

Finetero Review

People look to make investments to get a better return. Returns adequate enough to meet their daily needs, to be self-sufficient, and good enough to help achieve their life goals. We are now in an era where these investment opportunities are not hard to come by due to the advent of the internet and the general technological advancements we’ve come to witness. Numerous investment opportunities are now easily accessible to people with just a few clicks on their mobile devices and a very good example of this investment opportunity is online trading. With online trading, hundreds of financial instruments with high potential gains can be exchanged and traded to make huge returns, which many investment opportunities out there are unable to do.

Online trading has opened wide the door into the financial market, making it accessible to all investors and traders regardless of their level of trading experience. Traders can now start small and carefully build their experience and wealth in the financial market since an equal opportunity is now given to all investors. However, in starting small it is always advisable that a basic understanding of the financial market is known before deciding to invest in it to prevent unnecessary loss.

It is important to know that even with the so many opportunities available in the financial market, it is not without its risks. The volatility of the financial market is a factor traders have to be conscious of. In so doing traders must then be able to make the right analysis to take advantage of the fluctuations in market price. Provided the right decisions are made, investors will always make a decent profit from the financial market within a short time frame.

How can trading now commence?  This is the juncture where every investor will need an online brokerage company just like Finetero because, without these companies, investors have no way of getting access to the financial market. Generally, brokerage companies assist investors by putting in place several trading services to help guide and offer adequate support through their trading journey.

Choosing a decent exchange platform in the financial market today has become very difficult. This seems to be so because the financial market is now highly saturated with a lot of these exchange platforms making it difficult to separate legitimate ones from scams.  To then be able to separate and identify legitimate exchange platforms from mediocre and outright scams, a careful study of the benefits and features of exchanges that pick your interest must be carried out to determine which best satisfies your trading needs. In an attempt to help you out with your research, we’ll be making reviews of quite a several incredible exchange platforms that we can find in the financial market. A great example of one of these incredible exchange platforms is Finetero.

This is a comprehensive review of the features, services, and benefits offered by the Finetero exchange platform. The objective of this review is to provide an insight into the workings and operations of Finetero as only then you can make a conscious decision whether or not it is right for you.

Broker	Finetero
Website	www.finetero.com/Home
Founded	2018
Trading Platform	Mobile Trader, Web-based platform and MetaTrader4
Minimum Deposit	€ 200
Account Options	Five
Deposit and Withdrawal Methods	WireTransfer, Credit or Debit card, Cryptocurrency, and E-wallet
Trading Options	Forex, Stocks, Indices, Commodities, and Cryptocurrency
Number of Assets	1,000+
Bonus	No
Customer Support	24 hours a day, 7 times a week, Relationship Manager, Emails, and Telephone.
Leverage	Maximum of t 1:200
Spread	Variable

The Finetero exchange platform was established in 2018 by a team of professional financial experts who have a profound understanding of the money market which they utilized in developing great trading solutions for their clients. The exchange platform offers smooth access to numerous trading benefits including a wide range of trading instruments like stocks, indices, commodities, cryptocurrency, and forex.

Even as a relatively new exchange platform, Finetero aims to establish a great online brokerage firm capable of offering investment services and opportunities to traders all over the world. Having this goal at heart, Finetero has continued to consistently grow and increase both in size and capacity to serve lots of clients im more than 140 countries. Its services have been of top-quality while also offering the latest advanced trading tools, and security measures to its clients.

A glimpse at Finetero does suggest that it is a reasonable exchange platform, however, this Finetero review will allow us to have a closer look into its features and benefits to better understand why it is considered as a top-quality exchange platform in the financial market.

Security Protocol

Traders, before jumping to check out the trading options offered by an exchange platform do firstly consider the security measures put in place by such an exchange platform. This is because the rampant cyberattacks, scams, and investment frauds have put traders in the financial market on high alert, not willing to compromise security for anything.

Investors and traders are now more concerned about the security of investment funds and sensitive information and that is why they now for exchange platforms that can adequately secure both.

Finetero being a new exchange platform perfectly understands this truth, and as a result, has put in place a standard secured trading platform integrated with several practical security protocols and regulations to ensure its clients’ safety. The Finetero exchange platform complies with the international security policies of AML (Anti-Money Laundering) and the KYC (Know Your Customer) policy.

These policies are put in place by international bodies to prevent identity theft, terrorist funding,  money laundering, and other scheming activities. These policies direct all exchange platforms to compile for their clients’ personal information including residential address and evidence of identity to put a face to each client.

Finetero didn’t stop at these policies as it also integrates the two-factor authentication (2FA) and the high-end Secure Socket Layer (SSL) encryption technology in its security system. The 2FA and SSL technology are used to secure clients’ trading accounts and personal sensitive information respectively.

Still aiming to provide the best security measures available, Finetero still went ahead to put establish a couple of security measures such as Cloudflare, cold storage of digital assets, keeping segregated accounts, and various hardware security modules.

All these security protocols put in place are quite reassuring that clients of the Finetero exchange platform do not bother about security as it is adequately provided for which allows them to focus more on their trading.

Trading Options

Provided an investor is satisfied with the security measures put in place by an exchange platform, the trading options made available by such exchange platform is most likely the next factor to be considered. Investors love to know the various trading options made available because it is an indication of how much flexibility an exchange platform is willing to offer. Most importantly flexibility in terms of diversification of investment portfolio and risk management.

The Finetero exchange platform provides over 200 trading instruments under several asset classes which gives enough room for flexibility of investment portfolio and risk management by traders and investors in the financial market, subsequently earning vast returns.

The Finetero exchange platform provides several market options such as

• Forex

Forex market is short for Foreign Exchange market. In this market, investors and traders can buy and sell various national currencies placed against each other known as currency pairs.

In the forex market, there are major currency pairs, exotic currency pairs, and minor currency pairs. Investors can trade any of these categories 24 hours each day and 5 times a week.

Just like every other financial instrument, traders have to carry out careful analysis and forecast to make consistent returns. The Finetero exchange platform lists some major currency pairs, like USD/JPY, USD/CAD, GBP/USD, GBP/RUB, and EUR/USD among so many others on its trading platform.

• Stocks

The stock market provides the avenue for traders and investors who are interested in trading stocks of giant companies in the financial market. Generally, investors who trade stocks are often professionals and experts as the stock market requires a great deal of experience and expertise.

Hence, newbies shouldn’t rush into the stock market except with proper guidance and mentorship. This is why Finetero provides as much information as they can on the stock market to aid investors with their trading.

Clients of the Finetero exchange platform can then  go ahead to trade various stocks such as HSBC Holding, Netflix, Microsoft, and Apple listed on its trading platform.

• Cryptocurrencies

The cryptocurrency market is now a hot topic in the financial market. Lots of traders now look to invest and trade digital coins because of their vast potential gains and huge returns. Traders now analyze and study the crypto market trends to make a considerable profit out of it.

Finetero as an innovative exchange platform also offers several digital coins on its trading platforms such as Litecoin, Bitcoin Cash, Ethereum, and Bitcoin.

• Commodities

Commodities are often considered as the oldest financial market.  They are natural resources gotten from the earth. They are commonly classified into Hard and Soft commodities.

Hard commodities are natural resources that are extracted from under the ground. Examples are metals, gold, oil, and lots more. While soft commodities are general agricultural products such as sugar, wheat, livestock, coffee, corn, and lots more.

The Fineteroexchange platform makes available both the hard and soft commodities to investors on its trading platform.

• Indices

The indices market is quite similar to the stock market in that investors trade stocks in both markets. The primary difference is that while stocks of specific companies are traded in the stock market, the indices market deals with the combination of stocks.

This doesn’t take away the fact that traders can also exchange indices with the hope of high returns. With Finetero, investors get a chance to exchange the dominating indices such as FTSE 100, Dow Jones, and NASDAQ in the financial market.

Trading Platform

Trading platforms are software created to manage and control the overall activities in the financial market. Such activities include execution of market trades, analysis of market trends, use of trading tools, and lots more. In short, it is the software that runs the entire trading operation, hence, its importance cannot be underestimated.

For this reason, it is important not to make compromises for trading platforms that are below par. And because your entire trading experience as a trader is completely dependent on the trading platform used, you must then choose a brokerage company that will provide you an incredible trading platform if you want to have a great trading experience.

Recognizing a decent trading platform is quite straightforward as the user interface has always been a great indication. A decent trading platform must be simple, easy to navigate, user-friendly, and integrated with the latest trading tools.

Finetero offers its clients a customized version of the popular MetaTrader 4 so that they can benefit from the credible and well-respected trading software in the industry. MetaTrader4 offers incredible benefits such as advanced charting, expert advisors, several modes of execution among so many others to its users and that’s why it is considered as one of the best trading software.

For traders and investors who would prefer to make use of a Web-based trading platform, Finetero also made that available. Clients of Finetero are also offered the opportunity to make use of a Web-based platform that is flexible, fast, and reliable requiring no downloads or installation. The Web-based trading platform is adequately designed to facilitate ultra-fast order execution, low latency, and bulk trade volumes.

Furthermore, a high degree of customization is also offered by the Web-based trading platform allowing investors regardless of their experience level to effortlessly develop and customize layouts to best satisfy their trading strategies.

Finally, Finetero also makes available a mobile trading app for its clients to promote trading at all times. The mobile app is called Mobile Trader and can be used to manage and oversee trades on the go, offering absolute control to traders and investors. The mobile app is available for download and installation on various app stores and its suitable for can be Android,  tablets, and IOS smartphones.

Incredible Leverages and Spreads

Nothing excites investors and traders more than tiny spreads and high leverages and this is what Finetero is bringing to the table. In terms of leverages and spreads Finetero offers one of the best in the financial market.

What are Leverages and Spreads?

Leverages in layman’s terms are contributions made by an exchange platform to support traders in executing and staying in trades they normally would not be able to execute. Whereas spreads are commission an exchange platform charge on every trade executed. It is the difference between the buying price and the selling price of a trading asset.

Finetero offers its clients spread as small as 0.01 pips on certain assets in the financial market. With this kind of spread, traders can fully maximize their profits on each trade executed in the long run.

In terms of leverage, Finetero offers maximum leverage of 1:30. However, for professionals, leverage of 1:200 is offered.

Account Options

The financial market is filled with various investors having goals and pursuits that differ from one another. Hence, it is expected that traders differ from one another in terms of the level of experience, risk appetite, and investment capital they are willing to invest.

Due to these reasons, lots of exchange platforms provide various trading accounts to address these differences among investors. The Finetero exchange platform is not found wanting in this aspect.

The exchange platform makes available five different types of trading account to meet the needs of investors and traders. The trading accounts offered include the Bronze account, Silver account, Gold account, Platinum account, and Premium account.

These five trading accounts offered by Finetero provides basic services such as Online Chat Support, Stop Out Level of 50%, Access to all Trading Platforms, Access to Online Education Center, Segregated Bank account, Variable Spread starting from 0.1 pip, Demo Account, Webinars. Maximum Leverage 1:30, STP / No Dealing Desk, Professional Account Leverage of 1:200 and Seminars.

To be able to trade with the Finetero exchange platform, a minimum deposit amount of €200 is required from investors. However, the firm recommends that a  €1,000 deposit which sees investors own the Bronze account is the best deal you could get.

Let’s take a look at each of these trading account options.

Bronze Account

Investors get to have the bronze account by making an ideal minimum deposit of €5,000. However, the company allows investors to deposit €200 to own the bronze account putting into consideration that not all investors can afford the €5000 deposit.  The bronze trading account offers additional benefits such as

• A trial period of relationship manager
• Trading commission standards
• A trial period of the trading central daily newsletter
• A trial period of trading central premium signals
• One session of the private one-on-one training academy

Silver Account

Investors get to have the bronze account by making an ideal minimum deposit of €10,000. The Silver trading account offers additional benefits such as;

• Relationship manager
• Finetero Investments for Mirror Trader only
• A trial period of trading central premium signals
• Trading central daily newsletter
• Trading commission standard and
• Three sessions of the private one-on-one training academy

Gold Account

Investors get to have the bronze account by making an ideal minimum deposit of €50,000. The Gold trading account offers additional benefits such as;

• Trading central premium signals
• Two sessions of private trading
• Relationship manager
• Four sessions of a private one-on-one training academy
• Trading central daily newsletter
• Access to one event room per month
• SMS trading notification
• Finetero Investments for Mirror Trader and RoboX and
• Trading commission standards of approximately 10%

Platinum Account

Investors get to have the bronze account by making an ideal minimum deposit of €100,000. The Platinum trading account offers additional benefits such as;

• Trading central premium signals
• SMS trading notification
• Relationship manager
• Four sessions of private trading
• Trading central daily newsletter
• Eight sessions of a private one-on-one training academy
• Access to two event room per month
• Finetero Investments for Mirror Trader and RoboX and
• Trading commission standards of approximately 25% and

Premium Account

Investors get to have the bronze account by making an ideal minimum deposit of €250,000. The  Premium trading account offers additional benefits such as;

• Trading central daily newsletter
• Trading central premium signals
• SMS trading notification
• Relationship manager
• Eight sessions of private trading
• Sixteen sessions of a private one-on-one training academy
• A trial period of VIP services
• Trading commission standards If approximately 50%

• Access to four event room per month and
• Finetero Investments for Mirror Trader and RoboX

Deposits and Withdrawals

Exchange platforms are expected to provide various deposit and withdrawal methods so clients can easily deposit their initial capital investment and withdraw profits amassed whenever needed.  The overall process involved in the deposit and withdrawal of funds must be smooth, simple, and straightforward.

The Finetero exchange platform offers four different types of payment methods to its clients which are Wire Transfer, cryptocurrency, Debit or credit card, and e-wallets such as Skrill and Neteller. These payment methods can be used by clients for both withdrawals and deposits.

Although, clients must fill and submit a withdrawal request before funds can be processed and approved. Making withdrawals through wire transfers attracts no commission, however, interbank charges are sometimes applicable. On the other hand, a fee of  3.5% on total withdrawal is charged when the here clients make use of debit/credit card.

Customer Support

The financial market can be quite overwhelming most especially when technical issues arise and traders are unable to go about their trading day smoothly. In situations like this, investors need all the assistance they can receive from their chosen exchange platform. Because who needs an exchange platform that offers no support?

Finetero offers top-tier customer support for its clients. The exchange platform offers a relationship manager to all its clients who are available 24 hours each day to cater to all the trading needs of investors. Several support channels are put in place by Finetero so that clients can easily get in touch with their representatives. These support channels include email, phone calls, and live chats. All contact information is made available on the Finetero website.

Final Thoughts

All has been said about the Finetero exchange platform and now the ball is in your court to decide whether or not the exchange is right for you. The exchange being relatively new might be of little concern but you shouldn’t have to worry about that as there are lots of personal positive reviews backing every claim of the exchange platform.