Financial assets are one of the best ways to improve significantly upon one’s investments.
Financial investments hold a lot of profit prospects, and this is because of their unstable nature. Money, which is the basic unit of financial assets, can be very unpredictable, and this volatile nature is what a lot of investors have used to make fantastic profit margins over the ages.
The dynamic nature of money can cause a currency that is very expensive today to become very cheap tomorrow. In the same way, it can cause a very affordable financial asset to gain value and get costly in the twinkling of an eye.
The factors that affect the stability of money and its value are the very things that determine the economy of a geographical region. These factors include but are not exclusive to natural disasters, the price of crude oil, the cost of commodities, and the general standard of life.
Financial investors have learned to master the trend of events that surround a particular asset and accurately predict future trends of that asset. These investors have used analytics data to the advantage of many who use that information to guide trade decisions.
Investment brokers are those who provide a platform by which investors carry out their trade orders in the financial market. There are several investment brokers available in the financial market, some of which cover broad asset bandwidths. In contrast, others base their platforms on a single or a few classes of financial assets.
Choosing one (an investment broker) out of the many available in the financial assets trade market is a big deal for investors. Making the right choice of an investment broker involves comparing and contrasting such a platform to an investor’s investment goals.
FinexArena Review
Therefore, a smart investor must be able to identify an investment broker that meets his or her financial goals in the market, as well as one that can provide the necessary tools and environment to make profits in the market. There are a few legitimate brokers in the market; hence, we take a look at one of the reliable brokers – FinexArena.
Finexarena is one of the many investment brokerage platforms available in the assets trade market today. This review of its platform will help determine whether the platform is an excellent place to put your financial investments.
FinexArena at Glance
| Broker | Finexarena |
| Website | www.finexarena.com |
| Trading platform | Mt4 web-based trader, Mobile applications: iPhone trader, iPad trader, Android trader |
| Account types | Demo Account and Live Account |
| Trading Account Options | Silver Account, Gold Account, Platinum Account, and Diamond Account |
| Assets coverage | Forex, CFD (Contract For Difference) |
| Trading tools | Overnight swaps, Currency converters, and Profit calculators |
| Deposit options | Wire transfer, VISA card, MasterCard, and Bitcoin |
| Education and Training | Yes |
| Language Options | English language and German language |
| Customer Service | Email, Telephone ( 24 hours a day, 5 days a week) |
| Withdrawal | Wire transfer, VISA card, MasterCard, and Bitcoin |
Finexarena is a multilingual investment brokerage platform that offers some fantastic trade products and possibilities. This platform has a lot of offers that make it unique and dynamic among the multitude of brokers available in the market. Finexarena has close to 2 million US Dollars in trading volume, about 70 million orders executed, and over 200 trading instruments.
The Finexarena platform offers a competitive trading environment for CFDs (Contract For Difference) and Forex trades.
The CFD provision on this platform makes it possible for an investor or trader to profit from a single trade order in two ways depending on the trade decision of such an investor or trader. This broker offers CFDs on Commodities, Shares, and Indices.
Finexarena provides its clients with fantastic trading tools. A segment of its web platform states that there are over 200 trading instruments available on its platform. With a database as extensive as Finexarena’s, trade failure is most unlikely.
Educational resources are vast on the broker’s platform as they provide insights into subject matters that affect the very core of the trading market. Whatever level of experience an investor or trader might have in the financial market, these educational resources can come in handy.
The broker serves clients across the globe, and thus, the Finexarena platform is available in two major language options – English and German.
The Finexarena trading platform is available on an MT4 web trader as well as mobile applications which make trading on the go possible with this broker. Customers of the broker can easily access their trading accounts and trades from the comfort of their homes and at any time.
The trading tools available on the Finexarena platform are numerous and quite effective at helping traders pre-plan their trade orders for possible market eventualities. These trading tools are easy to use, and their results have helped the over 200 thousand traders served on the Finexarena brokerage platform.
The Finexarena platform allows traders to hold a demo account as well as a live account for their trades. These account options are the perfect complementary set of trading accounts that a trader needs to get the very best out of his/her trade orders.
According to a section of its website, Finexarena envisions providing its clients with an incomparable trading experience; hence, this broker offers most of the things a trader needs to succeed in the financial market. Also, agents of FinexArena’s customer service are available to attend to queries, questions, as well as feedback round the clock for five business days a week.
Deposits and withdrawals are relatively easy and dynamic on the Finexarena platform because the broker provides a range of deposit and withdrawal options for its clients.
The Finexarena platform is just the support system a trader needs to execute trade orders with an extreme level of confidence.
UNIQUE FEATURES OF FINEXARENA
EASE OF DEPOSIT AND WITHDRAWAL
The funding methods provided on the Finexarena platform are dynamic and quite easy to use. The following are the deposit options available on the Finexarena platform and a skeletal frame of their nitty-gritty:
Wire Transfer
- 300 USD/EUR minimum deposit
- 2 – 15 working days deposit time
- Zero deposit fee
VISA Card
- 300 USD/EUR minimum deposit
- Up to 30 minutes deposit time
- No deposit free
MasterCard
- 300 USD/EUR minimum deposit
- Up to 30 minutes deposit time
- No deposit free
Cryptocurrency
- 300 USD/EUR minimum deposit
- Instant deposit
- No deposit free
The withdrawal methods available on the Finexarena platform are the same as the deposit methods.
The minimum withdrawal amount for all the withdrawal methods available is based on the portfolio contract. Withdrawal time takes between 2 to 15 working days to process depending on the clients’ bank, card provider, or the time of withdrawal request.
Cryptocurrency withdrawals are processed on the same business days if they are submitted before 10 am, and if they are not, they are processed on the next day. The Finexarena platform does not charge its clients any fee for withdrawing their funds.
ACCOUNT OPTIONS
There are two basic account types available on the Finexarena platform – the demo trading account and the live trading account. These two account provisions complement each other, and they help traders and investors get the best of their trade orders in the market.
The Demo Account
The demo account is the prototype of a live trading account. The demo account has all the features of the assets trading market. The unique feature of a demo account is the fact that it is a virtual form of trading. Hence, trade staking on its platform is not real.
A demo account is usually pre-credited with a certain amount of virtual money from the broker’s platform for trading in the financial market. The fact that stakes are not real on a demo account helps investors trade without the fear of losses on the broker’s demo trading account platform.
Trade orders executed on a demo trading account are called demo trades. Demo trades hold two possibilities as in other trading accounts, that is, a profit or a loss. The profit made from demo trades can only be used to make more demo trades, as it can neither be withdrawn nor transferred. Losses caused while executing demo trade orders are equally not real, and they only accrue to the funds provided by Finexarena on the demo account.
A demo account is a very resourceful tool to help newbie traders get familiarized with the trading environment. The demo account is not just useful for newbie investors; it also helps expert investors test new trading assets and styles before trading them with real stakes on a live account. A trader should test and record a consistent level of trade success on a demo trading account before trading with real stakes on a live account.
The Live Trading Account
The live account is the same in all regards to the demo trading account. The only difference between a live and a demo trading account is the fact that the stakes on a live trading account are real. The realness of trade orders on the live trading account makes the profit and loss made on this account real as well. The profit made from live trade orders can be withdrawn, transferred, or used to execute more live trade orders.
MULTIPLE LIVE TRADING ACCOUNT LEVELS
Finexarena has four unique live trading account options from which its clients can choose. The four live trading account levels available on the Finexarena platform are listed below with a few of their substantial skeletal frame.
The Silver Account: This is the first trading account available on this broker’s platform. The trading account is suitable for beginner traders, as it has limited risk levels, as well as few trading tools. The Silver trading account has a minimum brokerage amount of $250 and a minimum investment amount of $50,000. Other features of the account are:
- 5 per cent interest per month
- 20 per cent bonus
- Limited trading signals
The Gold Account: The Gold trading account is suitable for investors and traders who have gained a certain level of experience in the market. The Gold account has a minimum brokerage deposit of $10,000 and a $100,000 minimum investment amount. Traders and investors in the Gold trading account also enjoy up to 50 percent bonus on their investment. Other features include:
- 5 per cent interest per month
- Full trading signals
The Platinum Account: The platinum trading account is suitable for experienced traders and investors, who are willing to take significant risks in the market. The platinum trading account has a $50,000 minimum brokerage deposit and a $250,000 minimum investment amount. Customers on the Platinum trading account also enjoy a complete 100 percent bonus on their investment. Other features of the account are:
- 75 percent interest per month
- Interest withdrawal every calendar month
The Diamond Account: The Diamond trading account is the apex trading account available on FinexArena’s platform. This trading account level is suitable for professional traders and investors. The diamond account has a $250,000 minimum brokerage amount and a $1,000,000 minimum investment amount. Other features of the account are:
- Executive account manager
- 125 per cent bonus
- An unlimited 1-on-1 trading session with a market analyst
With these four trading account provisions, it is evident that the Finexarena brokerage platform has something for all kinds of traders and investors in the market. The design of these trading accounts on the Finexarena platform is such that they can cater to the investment needs of as many investors as possible.
TRADING TOOLS
The trading tools available on the Finexarena platform empower traders to make the best of trade decisions as they offer deep insight into future trends of the market. Listed below are some of the tools available on the Finexarena platform with a frame of what they entail:
Currency Converter
This is a kind of web calculator that is resourceful for converting currency pairs between one another. The currency converter uses the latest exchange rates in converting currency pairs, and it also takes into consideration bank charges when currency pairs are exchanged.
Profit Calculator
This is like a trade simulator. According to a segment of the Finexarena website, the profit calculator allows the user to specify position and account details and calculates applied margin requirements, volume and rollover commissions, and resulting profit or loss with Dukascopy Bank policies.
National Holidays Calendar
This tool shows all the national holidays around the world of financial assets available on the Finexarena platform. This tool is especially useful for determining when activities around an asset class would probably be promising, and when they would not. The National Holiday Calendar trading tool is exceptionally resourceful for choosing a time to trade Forex pairs.
Overnight Swaps
This trading tool helps determine expected changing points associated with trading accounts on the Finexarena platform. With these vital trading tools and numerous others available on the FinexArena platform, failure is almost impossible for a diligent trader on this broker’s service.
SECURITY
The Finexarena, investment brokerage platform, provides its clients with an amazing level of trade security using physical, electronic, and procedural measures.
The platform secures the information of its clients with the latest technological encryptions, and it doesn’t store the client’s information longer than necessary. This broker is guided by laws that also ensure the safety of investor funds.
Although the Finexarena platform provides an almost impregnable form of trade security, it states on its web platform that it is not wholly invulnerable. Still, to a considerable extent, Finexarena is a secure trading platform.
This broker also uses the international security measure of the Know Your Customers (KYC) policy, which requires the customers of the broker to go through a verification process for approval. Besides, the broker equally subscribes to the Anti-Money Laundering (AML) policies to monitor the financial activities of its customers against any form of financial irregularities.
TRADING PLATFORMS
The Finexarena platform is available on an Mt4 web-based platform, as well as a mobile trading platform. The web-based platform can be accessed from any internet-enabled web browser, either on PCC or smartphone. The mobile trading platform is available on Android, iOS, and iPad, and thus, traders can access their accounts and the market, from any location and at any time.
A ROUND-THE-CLOCK CUSTOMER SERVICE
The Finexarena platform encourages feedback and has provided a multi-channel system of feedback through which its clients can reach its customer care agents. Finexarena investors can contact agents of its customer care through any of the following channels:
- Telephone (available round the clock for five business days)
- Contact us form available on its website.
CONCLUSION
There are tons of investment brokerage platforms available in the assets trade market today, and Finexarena is one of the few that has distinguished itself with excellent service and trade success records.
You should consider placing your financial investments on this broker’s platform.