FINANSERO

marcustan

1-2 سنة

What are the detailed fees of FINANSERO?

WikiFX رد

FINANSERO charges a currency conversion fee of 0.7% on realized profits and losses during trades. This fee is automatically deducted and is reflected in real-time in the unrealized profit or loss of the position. The broker also applies rollover fees to overnight positions, including 0.015% for currency CFDs and 0.022% for commodities CFDs. There is an additional quarterly inactivity fee of €150 for accounts with no activity for at least three months. In my FINANSERO review, I find that the lack of transparency on their website about these fees could be an issue for some traders. While the spreads are not disclosed, it is crucial to consider these additional charges when trading.

Broker Issues

FINANSERO

Fees and Spreads

08-21

الولايات المتحدة

Eziol

1-2 سنة

Does FINANSERO have any cons?

WikiFX رد

One of the main downsides of FINANSERO is that it operates with a proprietary platform (XCITE), which may not be as familiar or feature-rich as industry-standard platforms like MT4 or MT5. This can be a dealbreaker for traders who are used to these established platforms for their superior charting tools, automated trading features, and overall user experience. Additionally, the minimum deposit requirement of $200 is relatively high compared to some other brokers that offer lower or no minimum deposit. In my FINANSERO review, I also note that while the broker is regulated by CySEC, its relatively limited market reputation and higher deposit requirements may not be ideal for all traders.

Broker Issues

FINANSERO

Regulation

08-16

الولايات المتحدة

sweetosh

1-2 سنة

Which payment methods does FINANSERO support?

WikiFX رد

FINANSERO supports multiple payment methods, including international credit/debit cards (VISA and MasterCard), bank transfers, Apple Pay, Skrill, Google Pay, and e-wallets like Neteller. This variety of payment methods provides flexibility for traders to choose their preferred method for deposits and withdrawals. In my FINANSERO review, I appreciate the accessibility of these options, which makes it easier for international traders to fund their accounts or withdraw their funds. However, it is important to note that the minimum deposit requirement is €200, which could be restrictive for some traders, particularly those who prefer smaller deposits.

Broker Issues

FINANSERO

Withdrawal

Deposit

08-01

الولايات المتحدة

Thanh Thao

1-2 سنة

What leverage does FINANSERO offer?

WikiFX رد

FINANSERO offers different leverage options for retail and professional clients. For retail clients, leverage is limited to 1:30 for major currency pairs and up to 1:200 for other instruments like commodities and indices. For professional clients, leverage increases up to 1:2000, which allows for larger positions with smaller investments. In my FINANSERO review, I advise caution when using high leverage, especially for beginners, as it increases both potential profits and losses. While high leverage offers opportunities for greater gains, it also amplifies the risks, so it is essential to use it responsibly.

Broker Issues

FINANSERO

Account

Instruments

Platform

Leverage

07-13

الولايات المتحدة