These webinars are very useful and have a lot of value in it. Do you pay for them? No.
You’re just a finex real account holder, that’s what makes these precious materials available to you.
This is what I call a truly balanced trading environment. When traders see trading conditions without commissions but with wide spreads or without spreads but with a commission, they compromise. But I didn't have such a compromise at Finex. I just have tight spreads and commissions of a few cents for each trading order at the same time. If you carefully study conditions that Finex offers, then what I have described becomes obvious
it's per lot, so... there are def not so many traders trading whole lots, usually there are guys who trade standard 0.01 lot meaning that commission in this case is very small and doesn't bite profits anyhow.
like, if your typical position size is 0.01 lot then approximate commission charged will be around ~0.01 cents which is not a lot at all.
spreads are tight here too, btw.
I hope I understood question correctly and my answer right
Finex offers opportunity to buy and sell shares of real companies such as Apple or Microsoft
And at the same time, Finex traders can do this with leverage. Which may be an advantage.
Finex is good for pretty much anything. For gold specifically, I'm trading it here sometimes, the $1 commission is very low, spread is also quite generous (0.14). There's also a swap-free option available (Islamic account). Nothing super-special, it's not like every trade with gold is absolutely going to be a profit. But still the best trading conditions in our country, without a doubt.
Finex is one of those brokers that almost doesn't set limits on minimum deposit.
As far as I remember, you need to deposit your account with at least $10 here.
Obviously, this is such a small amount that we can say that Finex has no restrictions.
Therefore, the answer to your question is: to become a broker's client, you don't need a lot of capital.
But as for orders. Minimum lot here is 0.01. Which means that you should have at least $500 margin for normal trading. This is not a broker's restriction, but my recommendations, buddy
Most likely, my answer will be exhaustive to this question since I have been trading on this broker's platform for a long time. What can I say? This broker fully corresponds to ideas that are formed about it after studying its trading conditions. That is, I want to say that Finex was honest with me all this time. Moreover, broker is respected in trading community. Some of my friends also trade here and are also satisfied with services and conditions.
They are major a-holes.
Best fees, best broker, best overall experience, but only for Indonesia.
What did other countries ever did to them?
Finex either should be ashamed of themselves, or open up globally to customers from EU and SEA more.
I think it would not be hard for them to attract a global audience, with how modern it is, low fees and an abundance of payment methods.
Actually, yeah, spread size varies depending on which shares you like and choose for trading. It's okay, because various shares have different demand, there are such ones that are traded more, hence they are more liquid, less volatile and spreads are narrower.
On the contrary, there are such ones like GSK where spreads are over 100. Everything is because of the poor demand on trading shares of this company, low liquidity and bigger volatility.
Idk, buddy, choose Apple, Google, Microsoft if you ain't wanna pay a lot.
Impulsive decisions are those ones I used to make. It was tough times for me and I just couldn't control my emotions and actions properly. I reckon, many traders can relate, because if you have never passed through such situations, then you can't physically understand what real trading emotional control stands for.
I remember the situation, when I closed the position manually during high volatility just because of being afraid of margin call. As it turned out the price just dropped a little bit and then went high in the sky. I deprived myself of good profits...
Now I act more carefully!
Im trading through the finex broker for a certain period and so far I can say that the platform left positive impressions.
It doesn't lag, there are no delays in order execution, the broker doesn't make you pay a lot for services, i.e. spreads are narrow, commision is just $1 per whole lot which is quite generous.
Also, there are no troubles when you deposit money and withdraw it. The procedure is as fast as it gets and I like it.
Oh you mean whether finex broker charge swaps? I know for sure that there is a swap-free option if one applies for the Islamic account, but I am myself an intraday trader so I can't claim that swaps are high or low here.
However, taking a look at trading conditions that are quite favorable, I can assume they are low, since the broker is interested in helping traders achieving their goals.
If I tell you that I have traded with this broker for the last six months and I found out about Finex exactly from reviews, then the logical conclusion would be YES, in general, Finex reviews are helpful.
However, your question is not clear enough to make sure in what context you are curious to see if reviews are useful.
I usually try to find the overall customer satisfaction score. If the majority of reviews and comments are positive, then it means that the broker delivers on its promises.
And for their promises, or trading terms in this context, it is quite easy to inform yourself from their website. I don’t rely on exploring trading terms from reviews.
They could be. I’d say they are not mandatory for reading, unlike demo trading. But it won’t hurt you to read a couple of them right before you decide to jump in.
