Forex Finecsa Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.3

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.5

Business 0.8

Risk Control 1.1

Software 1.8

Regulatory 1.3

Terminal Snapshot

Finecsa Trading Conditions

Registered Region Spain

Operating Period 1-2 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email soporte@finecsa.com

Contact Number +56232103517

Website www.finecsa.com

Balanced Review

Pros & Cons

Pros

Diverse trading instruments: Forex, stocks, cryptocurrencies, and commodities
High leverage options available up to 1:600
Multiple payment methods including VISA, MasterCard, and Skrill
Customer support available through various channels
Self-developed trading platform accessible on web and mobile

Cons

No valid regulatory oversight
High minimum deposit requirement of $500
Lack of widely used trading platforms like MT4/MT5
No demo accounts available
Unclear withdrawal fees and processing times

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Finecsa	iBroker	Axen Broker	AvaTrade
Operating Period	1-2 years	See review	See review	See review
Region	Spain	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.3/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Finecsa Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Basic Account	Beginners	Low minimum deposit, high leverage	Suitable for small-capital practice; minimum deposit of $500 required
Standard Account	Intermediate Traders	Variable spreads, access to more trading instruments	Requires moderate trading experience; minimum deposit of $5,000 required
Premium Account	Experienced Traders	High leverage, personalized services, and advanced tools	Designed for high-volume traders; minimum deposit of $10,000 required

Account Opening Process

To open an account with Finecsa, traders must submit personal, employment, and financial information. Identity verification is required, which includes providing a government-issued ID and proof of address. It is important to note that clients have the flexibility to upgrade their account to a professional account later based on their trading experience and volume.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0 (ECN: $3.5/lot)	Tight spreads for major pairs
Forex (GBP/USD)	1.0	$0 (ECN: $3.5/lot)	Competitive rates
CFDs (Stocks)	1.5	$5 per lot	Varies by stock
CFDs (Indices)	2.0	$3 per lot	Index spreads may vary
Cryptocurrencies (BTC/USD)	1.0%	0.1%	Variable depending on market volatility

Other Fees

Finecsa has several additional fees that traders should consider. Deposit and withdrawal fees may apply depending on the payment method chosen. There is also an inactivity fee charged if the account remains dormant for a specified period. Platform usage fees may apply, and overnight interest (swap rates) will be incurred for positions held overnight. Additionally, currency conversion fees may be applicable when depositing or withdrawing in a different currency.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Finecsa User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Carlos Mendes

São Paulo, Brazil

★ ★ ★ ★ ★

I have been trying to withdraw my funds for over a month now, and every time I contact customer support, I get vague responses and no resolution. It’s incredibly frustrating, and I’m starting to feel like I might have made a mistake choosing Finecsa.

Emily Johnson

Toronto, Canada

★ ★ ★ ★ ★

Overall, my experience with Finecsa has been good. The trading platform is user-friendly, and I appreciate the variety of assets available. However, I did face some minor delays in withdrawal processing, but the support team was helpful and responsive.

David Kim

Los Angeles, USA

★ ★ ★ ★ ★

I regret choosing Finecsa. The lack of regulations makes me uneasy, and my attempts to contact support have been unhelpful. I can’t get my money out, and I feel stuck. I do not recommend them.

Sofia Garcia

Madrid, Spain

★ ★ ★ ★ ★

I’ve been trading with Finecsa for over six months now, and I’m very satisfied. The execution speed is impressive, and I love the range of trading options. Their customer service has been great whenever I’ve had questions. Highly recommend for serious traders!

Spain Market