Score
Seychelles
|
2-5 years
| https://fyntura.com/
Website
Rating Index
MT4/5
Full License
Fyntura-Live
Influence
C
Influence index NO.1
United States 4.05
MT4/5 Identification
Full License
Influence
C
Influence index NO.1
United States 4.05
LicensesNo valid regulatory information, please be aware of the risk!
Seychelles
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
fyntura.com United States| Fyntura Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Seychelles |
| Regulation | No regulation |
| Market Instruments | Forex, indices, metals, cryptos |
| Demo Account | ✅ |
| Islamic Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0.7 pips (Zero account) |
| Trading Platform | MT4 |
| Minimum Deposit | $10 |
| Customer Support | 24/5 support, live chat, contact form |
| Email:compliance@fyntura.com | |
| Address: Oliaji Trad Centre 1st floor, Victoria, Mahé, Republic of Seychelles | |
| Regional Restrictions | The United States of America, Israel, New Zealand, Iran, Afghanistan, Belarus, Burundi, Cuba, Congo, Sudan, Sri Lanka, North Korea |
Fyntura is an unregulated broker, offering trading on forex, indices, metals, and cryptos with leverage up to 1:500 and spread from 0 pips on the MT4 platform. The minimum deposit requirement is just $10. However, it does not provide services for residents in certain areas.
| Pros | Cons |
| Islamic accounts offered | No regulation |
| Demo accounts offered | Regional restrictions |
| MT4 platform | Commission fees charged |
| Low minimum deposit of $10 | Only accepts cryptocurrency deposits |
| Live chat support | |
| No deposit/withdrawal fees |
No. Fyntura currently has no valid regulations. Please be aware of the risk!
Fyntura offers trading on forex, indices, metals, and cryptos.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Cryptos | ✔ |
| Other Commodities | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Fyntura offers Zero accounts, Pro accounts and Prime accounts. Besides, it also offers demo accounts and Islamic accounts.
| Account Type | Minimum Deposit |
| Zero | $10 |
| Pro | |
| Prime | $100 |
Fyntura offers maximum leverage at 1:500 for all account types. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.
| Account Type | Spread from | Commission |
| Zero | 0.7 pips | $0 |
| Pro | 0 pips | $2 per $100K |
| Prime | $1 per $100K |
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Web, mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
Fyntura accepts payments via major cryptocurrencies.
Fyntura offers deposit methods via Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), Dogecoin (D) and True USD (TUSD).
Fyntura does not charge any fees for deposits and withdrawals.
All cryptocurrency deposits are processed within 30 minutes and it takes 12-24 business hours for withdrawals to get processed.
The processing of withdrawal requests can take up to 24 hours on business days.
This article provides an in-depth analysis of Fyntura, scrutinizing key features, fees, safety measures, deposit and withdrawal options, trading platforms, and customer service.
In 2023, Hankotrade found itself under the spotlight when WikiFX uncovered damning evidence against the company. Accusations of scamming and deceit were levied against Hankotrade, leaving many traders in a state of uncertainty and mistrust.
Honestly, when I ask myself “is fyntura legit?”, my answer leans toward “no” from a compliance standpoint because of the absence of regulation. Safety for me is all about fund protection and dispute resolution options, and without a regulator, those are thin. That being said, I’ve seen traders operate on Fyntura without issues, but I wouldn’t treat that as a guarantee. For my own trades, I keep position sizes smaller with such brokers.
From my own due diligence, I found that Fyntura is not regulated by any recognized financial authority. That instantly raises my caution level because when I deposit money into an unregulated broker, there’s no formal oversight protecting my funds. I always remind myself that trading with an unregulated broker means I’m relying solely on their internal policies, not a third-party regulator. If you’re doing a fyntura login to start trading, be aware that you’re entering a higher-risk environment.
I trade mainly forex pairs there, but they also offer indices, metals, and cryptos. I like having metals and crypto in the same account because I can hedge positions when markets get volatile.
On my Zero account, I saw spreads starting from 0.7 pips on majors like EUR/USD, which was decent for a no-commission model. The Pro and Prime accounts had raw spreads starting at 0 pips, which I found very competitive when trading during high liquidity hours.
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