Finkea operates this site and it does not disclose its legal address. However, the company mentions that its platform is located in Eastern Europe. It is worth noting that the broker does not have a license or, for some unknown reasons, does not provide clients with information about financial regulation.
Can you trade safely on this platform? We will review the service and its legal aspects and then make our own conclusion about the reliability of this broker.
How to Trade
The project offers clients a cloud-based platform that works on PCs and mobile devices. The international broker promises to provide free access to the markets of futures, options, and other financial instruments. Forex CFD contracts are also present among the assets.
Finkea provides the following trading conditions:
- There are 5 tariffs, which differ from each other in the size of the minimum deposit and leverage.
- All types of orders are accepted – limit orders, stop orders, market orders, and entry orders.
- There are possibilities to build charts and choose a set of more than 30 technical indicators for 9 time frames.
- You can edit the transaction price in the “Open Positions” window.
The firm provides payment transactions through methods such as bank transfers and cryptocurrency wallets. The broker provides traders with a risk-free trading option for deposits between $2,000 and $10,000 for the first 15 days after account activation.
Clients can use analytics, which includes stock tickers, the cryptocurrency market, and other useful materials. The broker provides customer support through the feedback form.
Finkea Vital Info
The brokerage company does not disclose when it began its professional activity. As for the domain, it was registered in 2022 and renewed on December 29, 2023. It is possible that the project actually began to work only from this last date.
The absence of copies of registration certificates and licenses on the website gives us reasonable suspicions of illegal activities of the broker. Therefore, we thoroughly checked the registers of legal entities in suitable countries, but we did not find Finkea in any of them. Is this company doing well within the legal framework? We do not understand why law-abiding project organizers can hide the most important information about themselves.
The broker is working now, this is a fact, but how long it will continue in the future - no one knows, except for the creators of this resource. My friend recommends me to open an account with finkea. He is a good trader and withdraws about 200 dollars every week (not more than 800 dollars per month) from his account on this site. However, I have a lot of questions about the transparency of this platform, lack of reporting etc. I thought at first that all these trading earnings are impossible, but after making friends with professional traders I believe that with the right tactics they can earn easily 15% of the deposit amount per day, my friend's record was $1,600 in one day with a deposit of $12,000 but on a different platform. He recommends me that if I decide to open an account on finkea.com, I should consider my strengths and only use money for trading that I am not sorry to lose. I will think about it some more, I wish everyone good luck.
This platform has an average level and I can say that sometimes the terminal works better than average in terms of execution speed. When it comes to security, finkea has a solid protection in general. There's no clarity on trading conditions, I would like to know in advance about their changes, but the broker does not always give this information. The company is relatively new, few people heard about it a year ago, the reviews I read are mostly neutral and there are very few of them. I think this firm has a future, I see that it is slowly growing, making adjustments to the rules and changing before my eyes. I know this because I have been working together with this service almost since its opening, but so far this broker is not the best in forex.
I have worked with this broker and I can tell novice traders more about all the disadvantages and advantages of the platform. The minimum deposit is €5,000, for beginners, in my opinion - this is an unaffordable amount to invest in such a little-known project. Spreads there are minimal, for this I can praise, and also the tools are enough for both a beginner and a professional. But as for security, everything is not so great in this aspect. The manager assured me that there is capital protection (but he did not specify the limit). Due to my inexperience, I immediately turned to the analyst finkea, who immediately, on the first day helped me to drain almost a third of the money (I had a minimum deposit), I closed all my trades with losses. Then I started trading myself and realized that quotes and spreads here are not the most favorable, but I earned my first minimum profit. Withdrawal of funds was really commission-free, the money came in 5 days. I do not work with this broker now - there is little profitable trading, you can find more cool options on the forex market.
I put in a withdrawal request last Monday, and on Friday I still hadn't received anything. I had a neurosis, because this had never happened in all the time I have been working with Finkea. I wrote a request by email - and the operators immediately answered me that the request was being processed, it was good that they answered without delay, it made me feel a little better. All the money came to me on Monday, close to noon, the company did not violate the regulations, apparently, Finkea had a lot of requests for withdrawal at the end of the month, so I will now withdraw funds in the first days of the month, I think it will not be so frighteningly long. However, I am happy with everything in terms of trading on this platform.
First of all, I will say that the broker in no case and never offends its clients by ignoring their requests, if you have any problems, the technical support will solve them very quickly. Finkea is one of the few brokers that gives a trader the right to choose how the order will be executed. I have not seen this on other platforms. This is another advantage of this broker 👍 this service does everything necessary for the client and even more. I am very comfortable working on Finkea, by the way, not to be unfounded, I made statistics on trades for the last 2 months and I got 78% of profitable trades against 22% of losing trades, this is a very good result. I also like that deposits and withdrawals can be made in a wide variety of digital coins. Deposit is instant, but there are small problems with withdrawal: processing is fast, but 2 times I waited for money for more than 5 days. However, the fact remains that the broker always withdraws money.
I have been trading for more than 10 years on the stock exchange and I have encountered different brokers, but in forex, my experience is not that big and I can say that finkea is the worst experience! The terminal shows obvious price manipulation and disgusting customer support, and now my deposit money just disappeared!!! The broker disposed of my hard-earned money, it blocked my account without explanation. This is not just a failure, it is a fraud! I lost a significant amount of money for me, over $15,500 due to the incompetence and greed of the site owner.
Greetings everyone! This broker caught my eye first on the list when I was looking for the best platform for forex beginners. I opened an account, did verification, deposited €5,000, for me this is an insignificant amount, even if I lost it. I opened trades and immediately made a profit. I was convinced that Finkea is a good broker, especially for beginners, the site has a good analytical base with indicators and trading strategies. I'm very satisfied with the analytics on finkea.com. I'm still at the beginning of my journey to professional trading of financial assets, so I was happy to use the services of consultants, I learned a lot of useful information from them, and quite quickly made a profit using the strategies chosen for me by the experts. I gained experience here and finally I started making decent money. Risks are high in forex, so without qualified support I would have lost money. I have no complaints about the broker :) but I’m just grateful for the help! So I will continue to trade with this company. I haven't withdrawn any profit yet, so I give 4 stars for now :)
Problems with withdrawals occur at finkea constantly, I have to wait for a very long time, sometimes even longer than a month. I got not the best impressions from such cooperation, in addition to everything else, there are also interruptions of the trading platform, incomprehensible freezes, and server shutdowns.
Do not trust this company - it is run by thieves! I opened an account for $25,000 and started trading successfully, but when I wanted to withdraw my profits, finkea manager told me that I have to pay taxes and 50% commission. This is totally illogical and illegal! The scammers just want to steal my money!
The company is not focused on the needs of clients at all. The broker does not give to earn, cheats and Finkea's execution is bad. Support answers questions very slowly. In general, I realized that it is not worth cooperating with this firm, this conclusion is 100% true.
I am furious!!! How could these crooks do this to me?! I invested all my savings in finkea, over €34K and now they are gone! It's a complete nightmare. I feel completely cheated and betrayed. How can such people sleep well at night?
I'm satisfied with the cooperation, this company maintains a very good level of service both technically and in terms of treatment of the client. I'm very satisfied with the speed of order execution, spreads are on the low end. I currently hold a deposit of about 17,000$. I like the user-friendly terminal interface and customer support. I found a serious level of service at finkea.com. There are no problems with profit payments here. Payouts are made almost immediately after the request. But there's a disadvantage in the minimum entry in the amount of 5,000$ - it is not a good opportunity to try out all the functions of the platform without a demo account.
I don't like trading with finkea. There are a lot of restrictions on scalping, arbitrage, and requotes happen quite often. Trading is unstable and unreliable.
The broker fulfills its promises only at the beginning of the cooperation. The company provided me with a bonus after my first deposit, but then the managers decided to take away all my profit. Problems started with payments, finkea administrators refused to withdraw money on my request, demanded re-verification, asked me to deposit more funds and finally blocked my account with 7 thousand euros.