FinexStock Review – Everything You Need To Know About Broker
FinexStock Review – Everything You Need To Know About Broker

FinexStock is an evident scam brokerage. Rarely do we have a chance to investigate a firm whose main page screams “fraud.” Usually, brokers hide it and pretend they’re legitimate investment companies. With FinexStock broker, there are so many different issues that we had a hard time deciding where to start this review.

Broker status: Offshore Broker
Regulated by: Unlicensed Scam Brokerage
Scammers Websites:
Blacklisted as a Scam by: CONSOB, FSMA
Owned by: Finex Stock Inc.
Headquarters Country: Saint Vincent and the Grenadines
Foundation year: N/A
Supported Platforms: WebTrader
Minimum Deposit: $100
Cryptocurrencies: Available
Types of Assets: FX, commodities, indices, shares, cryptocurrencies
Maximum Leverage: 1:1000
Free Demo Account: Yes
Accepts US clients: Yes

What About FinexStock Regulation?

FinexStock claims to be owned by Finex Stock Inc., while their Terms and Conditions belong to Omega Fintech. Furthermore, within the Terms and Conditions itself, the company name is Broker Capitals Limited, registered in Saint Vincent and the Grenadines. We were provided with a registration number 21567 BC 2013 that, according to FSA, belongs to Maximums Markets Limited.

This whole charade shows us two things. First, the company is not legitimate. Second, the FSA of SVG acts as a passive business register and doesn’t regulate or pay attention to any scam companies on its territory.

Why Is It Important For A Broker To Be Licensed?

Any financial institution needs supervision to act according to standards and provide quality service. Since we already went through all the confusion about Finex Stock broker, we will mention one last thing. The company claims to be FCA-regulated since 2005. Obviously, this is just a cherry on top of all misinformation you’re given.

There’s absolutely no reason to trust anything that comes from the broker FinexStock or its employees.

Also, we want to invite you to read our recently updated reviews of fraudulent brokers EJMarkets, Interactive Fund and OctexTrade. Be careful with these brokers.

So Is FinexStock a Decent Broker or a Scam?

FinexStock is a scam brokerage. The firm was blacklisted in Italy and Belgium due to fraud activities. Don’t fall for the scheme.

Warning Issued By The Italian Financial Regulator CONSOB

Warning Issued By Regulator CONSOB

The Italian regulator issued an official warning against Finex Stock. Since then, the brand has changed its domain from to and its owner. The previous owner, Broker Capitals Limited, was explicitly listed in this warning, so now the brand claims to be owned by Finex Stock Inc. It doesn’t change the fact that scam is the same.

This warning was republished by the Belgian FSMA.

Traders Reviews About FinexStock

As you can see from reading Finex Stock reviews, traders were misguided to believe they were dealing with a legitimate investment firm. Once they invested funds and couldn’t get a withdrawal, they approached regulators for assistance only to discover that the whole story was fake. Once the broker changed its domain, all the clients’ funds from the previous website became inaccessible.

What Platforms Does FinexStock Offer? – Available Trade Software

FinexStock offers a proprietary WebTrader. Like many scheme firms, this one claims to provide an award-winning platform that will help you on your way to millions. Yet, it’s nothing but a TradingView chart with indicators. 

If you are considering online trading, find a legitimate broker with MT4 or MT5. This platform ensures the best trading tools as well as the funds’ safety and security.

All About FinexStock Accounts

FinexStock Accounts

Clients can choose one of the three Finex Stock account types.

  1. Micro – $100
  2. Standard – $250
  3. Premium – $5,000

Accounts differ in leverage, spread, and additional trading instruments. 

FinexStock Broker – Countries Of Service

FinexStock trading scam mainly targets residents of Italy and Sweden. However, since we already explained that this company is unlicensed and does everything in its power to hide a headquarters and the owner, you can be targeted wherever you reside. The best thing you can do is decline any offers coming from Finex Stock.

FinexStock Range of Trading Instruments & Markets

Investors can trade on the following assets:

  • Currency pairs – EUR/USD, GBP/USD
  • Commodities – gold, oil, sugar
  • Indices – Dow Jones, S&P500
  • Shares – Amazon, Apple, Google
  • Cryptocurrencies – Bitcoin, Ethereum

In the meantime, avoid scammers like Crypto EUGlobal Ventures and Richmond Super. If possible, tell us about your scam experience.

Finex Stock Minimum Deposit

There’s a bit of confusion regarding the Finex Stock minimum deposit. The Account Types have an amount next to the name, but there’s a column called “minimum deposit.” Next to the Micro account, we can see the amount of $100, but the column with minimum deposits states that you need to invest $200 for this account. Whatever the case is, it’s still lower than the industry average.

However, investing even a penny in an unregulated offshore scheme is just not worth it.

Bonuses, Cashback, Referring A Friend – Methods Of Fraud

Among other things, Finex Stock uses bonuses and other incentives to lure clients. They approve up to a 50% deposit bonus and allow $3 cashback per traded lot. On top of that, everyone who brings their friends gets a certain amount to their trading account. However, all this serves to bring more clients into the scam. Once FinexStock gets ahold of the money, they will simply vanish.

FinexStock Trading Conditions 

Finex Stock offers a pretty standard spread, starting at 1 pip for EUR/USD pairs. Other fees are not specified.

High Leverage 

However, leverage is highly unregulated, ranging between 1:100 and 1:1000. EU and UK regulators allow 1:30 for the Forex market and only 1:2 for crypto. Therefore, it’s clear how much you’re risking with FinexStock.

FinexStock Deposit, Withdrawal Methods, and Fees

Finex Stock allows deposits and withdrawals using:

  • Debit/credit cards
  • AstroPay
  • External

Since we’re unsure what is an external payment, we will advise you to use your credit card. That way, you’re entitled to a chargeback within 540 days.

Payment Method Of Legitimate Brokers

Legitimate brokers usually allow using e-wallets such as PayPal and Skrill since you have a money-back guaranteed period. 

Scammed by Invest FinexStock Broker? – Let Us Hear Your Story

If you or someone close to you has been scammed by a FinexStock broker, let us know. Our chargeback specialists will be more than happy to hear from you and help you find the best recovery solution.

But What Is A Chargeback?

A chargeback is a way for your bank to recover the funds directly from the merchant. Contact us via online chat to book a free consultation and we will assist you with starting the procedure. The sooner we start, the higher chances of getting your money back.

What Is FinexStock?

FinexStock is an online trading Forex and CFD provider based offshore.

Is FinexStock a Scam Broker?

FinexStock is banned in Italy and Belgium for conducting scams.

Is FinexStock Available in the United States or the UK?

The broker provides its services in both of these countries.

Does FinexStock Offer a Demo Account?

Yes, FinexStock offers a Demo account to its traders.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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