Forex broker Finam: overview, reviews, trading conditions

04.08.2020

Year of foundation

1994

Site

http://forex.finam.ru

Software

MetaTrader 4, Finam Trade

Payment systems

Payment cards, PayPal, Bank transfer

Affiliate program

Да

Rating

6.0

  1. The main characteristics of the broker
  2. Terms of trade
  3. Broker's advantages
  4. Disadvantages of the broker
  5. Contact

Finam is one of the largest online brokers on the Russian market. The company is a member of NAUFOR organization and gives its clients access to trading at the Moscow and St. Petersburg stock exchanges. The forex-dealer has an official license and is a part of the FINAM financial group, established in 1994. 

Assets Stocks, bonds, commodities, futures, mutual fund/ETF investments, currencies
Free training Да
Mobile version Android, iOS
Minimum deposit 30 000 rubles
Account currencies USD, EUR, JPY, GBP, AUD, CHF, NZD, XAU

The main characteristics of the broker

The distinguishing feature of Finam is its large library of trading materials. On the official website of the company, one can find webinars, news, and educational articles. Reviews of the broker and analysis of financial markets provide traders with an opportunity to independently predict the movement of prices of stocks, cryptocurrencies, commodities and other assets. The clients of Finam-Forex get access to the trading terminals, the personal cabinet, financial operations of deposit/withdrawal of funds after their registration. 

The Finam forex broker offers several types of rates for investors with different capital levels. Low commissions, access to professional trading terminals, and the opportunity to work with a personal analyst will be additional benefits for traders.

The feedback from Finam's clients is mostly positive. Traders note favorable trading conditions, low commissions, availability of training materials. Negative comments are related to technical failures in the terminals and periodic delays in withdrawals.

Terms of trade

"FINAM-Forex offers investors different types of accounts with different trading conditions. Beginner traders can master the market with the help of a demo account. Finam clients can open a single account. It allows trading on all the markets of the Moscow Stock Exchange, NASDAQ, NYSE. Using a single account helps investors effectively calculate risks and open profitable deals. 

Transaq, FinamTrade, MetaTrader 5 and Quik platforms can be used for online trading. The broker offers ample opportunities for automated trading and the TSLab program for creating trading robots. The PirateTrade application was developed to systematize information on trading on the market. 

Broker's advantages

  • Wide choice of currency pairs and securities.
  • Advanced system of analysis and forecasts for financial markets.
  • 24/7 technical support.
  • Possibility of access to the popular foreign and Russian exchanges.

Disadvantages of the broker

  • Possibility of technical failures in trading terminals.
  • Periodic delays in the withdrawal of money. 
  • Vague trading conditions for some financial instruments. 

Contact

Address (head office) 127006, Moscow, 7 Nastasyinsky per.
Phone

+7 (495) 796-93-88 — доб. 2222

+7 (495) 1-346-346 — доб. 2222

E-mail [email protected] 
Social media https://www.facebook.com/finam.ru
https://twitter.com/finam_blog
https://vk.com/finam_ru
https://www.youtube.com/FinamWebinar
https://instagram.com/finam_fotoblog/

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