Finesse FX is a pure scam broker. While the platform advertises itself as a “sophisticated trading ecosystem,” scratch beneath the surface and you’ll find inconsistencies, dubious claims, and a distinct lack of transparency that throws its true intentions into murky depths.
What is Finesse FX?
Finesse FX paints itself as a haven for “modern traders,” offering a suite of financial instruments, including forex, commodities, and CFDs. But beyond the sleek website and polished marketing promises, a disconcerting picture emerges.
Finesse FX Details
Regulated by: | Unregulated Offshore Broker |
Is This Company Safe? | The absence of licenses makes any site unsafe! |
Known Websites: | |
Have Warnings from: | N/A |
Registered in: | SVG |
Operating since: | 2023 |
Trading Platforms: | MT5 |
Maximum Leverage: | 1:500 |
Minimum Deposit: | $10 |
Deposit Bonus: | Not available |
Trading Assets: | Forex, Cryptocurrencies, Shares, Commodities |
Free Demo Account: | Not available |
How to Withdraw from This Company? | Payouts do not happen – better contact our legal services for help! |
Deposits and Withdrawals
Finesse FX boasts “instant” deposits, but whispers of withdrawal delays and exorbitant fees paint a different story. Be wary of platforms that make depositing easy but withdrawing a Herculean feat.
If you have lost money to companies like BBProfit, or CoinField; please report it to us on our Report a Scam form.
Account Types
Allegedly offering solutions to accommodate the demands of any trader, the company has drastically increased the cost of the most marketed account. The trading commission spreads, and leverage of the other packages are different. The account kinds are as follows:
- Gold – $100,000
- ECN – $10
- ZERO – $10
- ISLAMIC – $10
Red Flags and Warning Signs
Finesse Fx Pty Ltd, Finesse Markets PTY Ltd, and Finesse Markets Pty Limited are the three distinct entities mentioned by the firm running the finessefx.io website.
While the third company is registered with SVGFSA, the first two are under ASIC regulation. Is it a wordplay, an error, or the deliberate confusion the unlawful domain is attempting to create?
The SVG court, where the corporation has its official address, is the one that will rule in disputes, according to the legal documents. Neither licenses nor oversight over brokerage houses are granted by SVGFSA.
Customer Complaints and Negative Reviews
A chorus of discontent echoes from Finesse FX’s disgruntled clientele. Common complaints include:
- Withdrawal Delays: Funds inexplicably frozen, delayed withdrawals stretching for weeks or even months.
- Hidden Fees: Shocking charges and commissions deducted from accounts, often exceeding initial deposits.
- Manipulation Accusations: Suspicions of price manipulation and unfair trading practices marring the platform’s credibility.
- Unresponsive Customer Support: Attempts to reach support were met with silence or evasive responses, furthering frustration and fueling suspicion.
These persistent complaints paint a grim picture of Finesse FX’s operations, serving as stark warnings for potential investors.
Finesse FX Alternative Brokers
If you’re seeking a genuine and trustworthy trading experience, steer clear of Finesse FX and consider reputable alternatives. Numerous established brokers with transparent practices and proven track records abound. Research and choose one that aligns with your trading goals and risk tolerance, prioritizing those regulated by respected financial authorities like the FCA, ASIC, or CySEC.
Got Scammed by Finesse FX? We Help Victims!
Unfortunately, some may have already fallen victim to Finesse FX’s deceptive practices. If you’ve been scammed, know that you’re not alone and help is available. Contact relevant financial authorities, report the fraud, and seek legal counsel to explore your options for reclaiming your lost funds. Remember, silence only empowers scammers, so speaking up is crucial to protect yourself and others.
Finesse FX, shrouded in secrecy and plagued by red flags, casts a long, ominous shadow on the legitimate forex trading landscape. Heed the warnings, conducted thorough research, and chose wisely. The market offers plenty of opportunities, but for your financial safety, steer clear of Finesse FX and its dubious allure or You Can report to us today by the below form.
2 Responses