Fintana Review

Edited by: Louis Schoeman

Fintana

 

Fintana is a forex and CFD broker based in Mauritius and has been under FSC oversight since 2023. Fintana offers CFDS on 160+ instruments that can be traded across forex, crypto, stocks, metals, commodities, and indices. An unlimited demo account is offered with virtual funds up to $100,000.

 

🛡️Regulated and trusted by the FSC.
🛡️1403 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.

 

🔎 Broker🥇 Fintana
📊 Established YearNot specified; licensed by FSC since 2023 (GB23201338)
📉 Regulation and LicensesRegulated by the Financial Services Commission (FSC) of Mauritius (license number: GB23201338, registration number: 197666)
📈 Ease of Use Rating4/5 (rated 4.6/5 on Trustpilot)
🎁 BonusesNot mentioned
⏰ Support Hours24/7 via email and phone in 10 languages (no live chat)
🖥️ Trading PlatformsFintana WebTrader, Advanced Platform with built-in analytical tools
⚙️ Account TypesClassic, Silver, Gold, Platinum, VIP
💴 Base CurrenciesUSD
💹 SpreadsEUR/USD: 2.5 pips (Classic), 0.9 pips (VIP)
💱 LeverageUp to 1:400 (Forex), up to 1:200 (Commodities)
💶 Currency Pairs52 currency pairs
💵 Minimum Deposit250 USD
💷 Inactivity Fee0 to 1 month: No fee, 30 days: $100, 60 days: $250, 180 days: $500
📌 Website LanguagesEnglish, German, French, Arabic
💳 Fees and CommissionsNo commissions; $30 wire transfer withdrawal fee, inactivity fees, and third-party charges apply
📍 Affiliate ProgramYes (Conversion Program, Rebate Program, VIP Partner Program)
🌎 Banned CountriesUnited States, South Africa, and others (not published)
🅰️ ScalpingAllowed
🅱️ HedgingAllowed
↪️ Trading InstrumentsForex CFDs, Stock CFDs, Index CFDs, Crypto CFDs, Commodity CFDs
🚀Open an Account👉 Click Here

 

Overview

Fintana is a global online broker that offers all types of traders access to global markets. They provide traders with a straightforward platform that supports multiple asset types, catering to short-term and long-term investment strategies.

With over 160 assets available on forex, crypto, stocks, and a few other asset classes, traders can access a solid selection of markets, making profile diversification easy.

Fintana is regulated by the Financial Services Commission (FSC) in Mauritius under license number GB23201338 (registration number 197666), which adds a layer of security and trust for traders.

The platform is accessible to users worldwide (albeit with some limitations), with customer support available via email and phone. Traders can also take advantage of 24/7 support in 10 languages via email and phone.

The broker offers several account types with different features, allowing traders to choose the option that fits their needs. The accounts accommodate different trading styles, with competitive spreads and leverage that vary depending on the account type.

Fintana’s educational resources are also worth noting, as they provide extensive educational resources and tools for traders to enhance their skills, including eBooks, courses, and advanced analysis tools.

Along with a user-friendly platform, the broker’s transparency in pricing, account options, and support sets it apart for anyone to engage in global markets.

 

Frequently Asked Questions

 

What assets are available for trading on Fintana?

Fintana offers various assets, including over 160 instruments across Forex, crypto, stocks, and other asset classes. This range enables traders to diversify their portfolios with ease.

 

Is Fintana regulated?

Yes, Fintana is regulated by the Financial Services Commission (FSC) in Mauritius, under license number GB23201338 and registration number 197666, ensuring a secure and trustworthy trading environment.

 

What types of accounts does Fintana offer?

Fintana provides multiple account types tailored to different trading styles. Each account has unique features, such as competitive spreads and leverage options, allowing traders to choose what best suits their trading needs.

 

What kind of customer support does Fintana provide?

Fintana offers 24/7 customer support via email and phone in 10 different languages, ensuring that traders worldwide can receive timely assistance.

 

Our Insights

Fintana stands out as a reliable and globally accessible online broker, offering a diverse range of assets, including forex, crypto, and stocks, to cater to both short-term and long-term traders. With its strong regulatory framework, customer support in 10 languages, and excellent educational resources, Fintana is a great choice for traders looking for a trustworthy platform that helps them grow their skills and make informed investment decisions.

 

Overview

 

Detailed Summary

 

🔎 Broker🥇 Fintana
📊 Established YearNot specified; licensed by FSC since 2023 (GB23201338)
📉 Regulation and LicensesRegulated by the Financial Services Commission (FSC) of Mauritius (license number: GB23201338, registration number: 197666)
📈 Ease of Use Rating4/5 (rated 4.6/5 on Trustpilot)
🎁 BonusesNot mentioned
⏰ Support Hours24/7 via email and phone in 10 languages (no live chat)
🖥️ Trading PlatformsFintana WebTrader, Advanced Platform with built-in analytical tools
⚙️ Account TypesClassic, Silver, Gold, Platinum, VIP
💴 Base CurrenciesUSD
💹 SpreadsEUR/USD: 2.5 pips (Classic), 0.9 pips (VIP)
💱 LeverageUp to 1:400 (Forex), up to 1:200 (Commodities)
💶 Currency Pairs52 currency pairs
💵 Minimum Deposit250 USD
💷 Inactivity Fee0 to 1 month: No fee, 30 days: $100, 60 days: $250, 180 days: $500
📌 Website LanguagesEnglish, German, French, Arabic
💳 Fees and CommissionsNo commissions; $30 wire transfer withdrawal fee, inactivity fees, and third-party charges apply
📍 Affiliate ProgramYes (Conversion Program, Rebate Program, VIP Partner Program)
🌎 Banned CountriesUnited States, South Africa, and others (not published)
🅰️ ScalpingAllowed
🅱️ HedgingAllowed
↪️ Trading InstrumentsForex CFDs, Stock CFDs, Index CFDs, Crypto CFDs, Commodity CFDs
🚀Open an Account👉 Click Here

 

Frequently Asked Questions

 

What are Fintana’s educational resources like?

Fintana offers extensive educational materials, including eBooks, courses, and advanced analysis tools, helping traders improve their skills and knowledge.

 

Can I trade with Fintana from any country?

Fintana is accessible to traders worldwide, though there may be some limitations depending on your location. It’s best to check the platform’s availability in your country.

 

What are Fintana’s spreads and leverage options?

Fintana offers competitive spreads and leverage that vary depending on the account type, allowing traders to choose an option that suits their trading preferences.

 

What makes Fintana’s platform user-friendly?

Fintana’s platform is designed to be intuitive and easy to navigate, providing traders with seamless access to global markets while offering transparency in pricing and account options.

 

Our Insights

Fintana provides a solid and user-friendly platform for both beginners and experienced traders. The broker’s competitive spreads, leverage options, and ability to diversify portfolios across over 160 assets make it an appealing option for global traders.

Additionally, with its 24/7 customer support and educational resources, Fintana delivers a comprehensive trading experience with transparency and security.

 

Detailed Summary

 

Safety and Security

From what we can see, Fintana’s measures prioritize the security of client funds. These include segregated accounts, SSL encryption, and negative balance protection. These measures safeguard client assets and secure and separate client funds from the broker’s funds.

Fintana is regulated by the Financial Services Commission (FSC) in Mauritius under license number GB23201338, which boosts security and oversight.

While the FSC is not the strictest regulatory authority compared to the FCA, FSCA, and ASIC – third-level regulation is better than no regulation at all, in our opinion.

Here are further details:

 

🔎 Safety Feature📌 Details
📈 Segregated AccountsClient funds are kept separate from operational funds to prevent misuse
📉 SSL EncryptionSSL encryption is used to secure data and protect sensitive information during transactions
📊 Negative Balance ProtectionClients cannot lose more than their account balance in adverse market conditions

 

In our experience, Fintana’s segregated accounts protect client funds, even if the broker faces financial difficulties.

The SSL encryption used by Fintana protects all sensitive client data, such as personal and financial information, from potential cyber threats.

Negative balance protection is another critical feature that protects clients from losing more than their initial deposit, even in volatile market conditions. This protection mitigates the risk of market fluctuations that could cause unforeseen losses, especially when clients use leverage.

 

Frequently Asked Questions

 

What security measures does Fintana have to protect client funds?

Fintana employs several security measures to safeguard client funds, including segregated accounts, SSL encryption, and negative balance protection. These ensure that client assets are secure and separated from the broker’s funds.

 

Is Fintana regulated?

Yes, Fintana is regulated by the Financial Services Commission (FSC) in Mauritius, under license number GB23201338. While the FSC’s regulation is not as strict as some other authorities like the FCA, FSCA, and ASIC, it still provides a level of security and oversight for traders.

 

How does Fintana’s segregated account system work?

Fintana’s segregated accounts ensure that client funds are kept separate from the broker’s funds. This provides an added layer of protection for clients, even in the event of financial difficulties faced by the broker.

 

What is negative balance protection and how does it help traders?

Negative balance protection ensures that clients cannot lose more than their initial deposit, even during volatile market conditions. This feature helps mitigate the risk of unexpected losses, especially when using leverage.

 

Our Insights

Fintana provides solid security measures, including segregated accounts, SSL encryption, and negative balance protection, ensuring that client funds are protected. While it operates under third-level regulation by the FSC, these features offer significant peace of mind for traders. For those looking for a secure trading environment with strong oversight, Fintana presents a reliable choice.

 

Safety and Security

 

Partnership Options

Fintana offers individuals and businesses the opportunity to earn commissions by offering three unique partnership programs: the Conversion Program, the Rebate Program, and the VIP Partner Program.

Each program offers different ways to earn, but details like the exact commission structure and payout schedules are not clearly outlined.

Here’s more information based on our experience with forex partnerships:

 

🔎 Program📌 Description
🥇 Conversion ProgramAffiliates earn commissions from successful sign-ups
🥈 Rebate ProgramAffiliates earn based on the trading volume generated by referrals
🥉 VIP Partner ProgramTailored for high-volume affiliates with potentially greater rewards

 

Key Takeaways

 

  • Lack of Commission Details: The commission structure is not specified for any programs.
  • Marketing Materials: No specific marketing materials or tools are mentioned in detail, though the program promotes “ready-to-use” resources.
  • Payout Schedules: Information about how often affiliates are paid or minimum payout thresholds is not provided.
  • Customization: The programs are customizable, but details about how these can be tailored are unclear.

 

Frequently Asked Questions

 

What partnership programs does Fintana offer?

Fintana offers three unique partnership programs: the Conversion Program, the Rebate Program, and the VIP Partner Program. These programs provide individuals and businesses with opportunities to earn commissions.

 

What is the commission structure for Fintana’s partnership programs?

The commission structure for Fintana’s partnership programs is not clearly outlined. Details about commissions and payout schedules are not provided.

 

Are there marketing materials available for affiliates?

Fintana offers “ready-to-use” marketing materials for affiliates, though specific tools or resources are not detailed.

 

How often are commissions paid to affiliates?

The payout schedules for Fintana’s partnership programs are not specified, and there is no information regarding minimum payout thresholds.

 

Our Insights

Fintana offers a range of partnership programs for both individuals and businesses, giving opportunities to earn commissions through the Conversion, Rebate, and VIP Partner Programs. However, the lack of transparency regarding commission structures, payout schedules, and marketing materials may make it difficult for potential affiliates to fully evaluate these opportunities.

While the programs appear to be customizable, further clarification and more detailed information would be helpful for affiliates looking to participate.

 

Partnership Options

 

Minimum Deposit and Account Types

Fintana has five account categories, and each is perfect for a different type of trader based on their experience, trading goals, and strategies. Let’s break it down:

 

Classic Account

 

  • Spreads: Starting from 2.5 pips for EUR/USD
  • Leverage: Up to 1:400 for Forex
  • Minimum Trade Volume: 0.01 lots
  • Swap Discounts: Available for certain pairs

 

Additional Perks: Free support, free trading education, negative balance protection, 100% margin call, 20% stop-out level

 

Silver Account

 

  • Spreads: Starting from 2.5 pips for EUR/USD
  • Leverage: Up to 1:400 for Forex
  • Minimum Trade Volume: 0.01 lots
  • Swap Discounts: Available for certain pairs

 

Free support, free trading education, negative balance protection, 100% margin call, 20% stop-out level

 

Gold Account

 

  • Spreads: Starting from 1.8 pips for EUR/USD
  • Leverage: Up to 1:400 for Forex
  • Minimum Trade Volume: 0.01 lots
  • Swap Discounts: Available for certain pairs

 

Free support, free trading education, negative balance protection, 100% margin call, 20% stop-out level

 

Platinum Account

 

  • Spreads: Starting from 1.4 pips for EUR/USD
  • Leverage: Up to 1:400 for Forex
  • Minimum Trade Volume: 0.01 lots
  • Swap Discounts: Available for certain pairs

 

Free support, free trading education, negative balance protection, 100% margin call, 20% stop-out level

 

VIP Account

 

  • Spreads: Starting from 0.9 pips for EUR/USD
  • Leverage: Up to 1:400 for Forex
  • Minimum Trade Volume: 0.01 lots
  • Swap Discounts: Available for certain pairs

 

Free support, free trading education, negative balance protection, 100% margin call, 20% stop-out level

 

🔎 Account Type📊 Spreads (EUR/USD)📉 Max Leverage📈 Minimum Trade Volume💱 Swap Discounts🏆 Additional Perks⭐ Suitable For
🥇 Classic2.5 pipsUp to 1:4000.01 lotsAvailable for certain pairsFree support, free trading education, negative balance protection, 100% margin call, 20% stop-out levelBeginner traders, smaller trade sizes, moderate leverage
🥈 Silver2.5 pipsUp to 1:4000.01 lotsAvailable for certain pairsFree support, free trading education, negative balance protection, 100% margin call, 20% stop-out levelTraders needing more leverage and flexibility
🥉 Gold1.8 pipsUp to 1:4000.01 lotsAvailable for certain pairsFree support, free trading education, negative balance protection, 100% margin call, 20% stop-out levelActive traders, tighter spreads, higher leverage
🏅 Platinum1.4 pipsUp to 1:4000.01 lotsAvailable for certain pairsFree support, free trading education, negative balance protection, 100% margin call, 20% stop-out levelExperienced traders, high leverage, tight spreads
🎖️ VIP0.9 pipsUp to 1:4000.01 lotsAvailable for certain pairsFree support, free trading education, negative balance protection, 100% margin call, 20% stop-out levelProfessional traders, personalized service, top-tier conditions

 

Frequently Asked Questions

 

What are the different account types offered by Fintana?

Fintana offers five account types: Classic, Silver, Gold, Platinum, and VIP. Each account is designed for different levels of traders and trading goals, providing various perks and features based on the account level.

 

What is the minimum deposit for Fintana accounts?

While Fintana does not specify the exact minimum deposit for each account type, each account type is designed to cater to traders of various experience levels, with accessible features for both beginners and professionals.

 

What are the spreads for each account type at Fintana?

 

  • Classic Account: Spreads start from 2.5 pips for EUR/USD.
  • Silver Account: Spreads start from 2.5 pips for EUR/USD.
  • Gold Account: Spreads start from 1.8 pips for EUR/USD.
  • Platinum Account: Spreads start from 1.4 pips for EUR/USD.
  • VIP Account: Spreads start from 0.9 pips for EUR/USD.

 

What benefits come with each Fintana account type?

All accounts offer features like free support, free trading education, negative balance protection, a 100% margin call, and a 20% stop-out level. The key differences lie in the spreads, which improve with higher-tier accounts.

 

Our Insights

Fintana’s tiered account system allows traders to choose the account that best aligns with their trading style and goals. Whether you’re a beginner looking for a simple trading environment or an advanced trader seeking tight spreads and additional benefits, Fintana offers something for every type of trader. With competitive spreads, leverage options up to 1:400, and valuable perks across all account types, Fintana stands out as a flexible and trader-friendly broker.

 

Minimum Deposit and Account Types

 

How to Open a Fintana Account

If you’re interested in starting trading with Fintana, there are a few things you need to know first, like the eligibility requirements:

 

  • You must be at least 18 years old.
  • You need a government-issued ID (passport, national ID, or driver’s license).
  • You need a recent utility bill, bank statement, or tax document showing your current address.
  • You can’t be a resident of countries with restrictions on trading with offshore brokers.

 

If you’re eligible, follow these steps to register an account:

 

  • Go to the official site and click the “Register” or “Sign Up” button to begin the account creation process.
  • Complete the registration form with your full name, date of birth, contact details, and country of residence. If you are not in an eligible country, the website will inform you once you enter your phone number.
  • Submit a valid government-issued ID and a document that proves your current address, such as a utility bill or bank statement.
  • Set up a username and password for secure access to your account.

 

Review the details you’ve entered and submit the registration form. Fintana will process your documents and activate your account once verified.

 

How to Open a Fintana Account

 

Demo Account

Fintana offers a demo account. Here are the key details:

 

  • Funds: The demo account comes pre-loaded with $100,000 in virtual funds.
  • Access: Available immediately upon registration.
  • Asset Access: Provides access to Forex, stocks, commodities, and cryptocurrencies.
  • Duration: The demo account is unlimited.
  • Leverage: The demo account offers the same leverage as live accounts.

 

The demo account mirrors real market conditions, perfect for a realistic trading experience.

 

Frequently Asked Questions

 

What is the initial balance for the demo account at Fintana?

The Fintana demo account comes pre-loaded with $100,000 in virtual funds, allowing traders to practice with a substantial balance.

 

How can I access Fintana’s demo account?

The demo account is available immediately upon registration. Traders can start practicing right after signing up with Fintana.

 

What assets can I trade with the demo account?

The demo account provides access to a wide range of assets, including Forex, stocks, commodities, and cryptocurrencies, offering a diverse trading experience.

 

How long can I use the Fintana demo account?

The demo account is unlimited in duration, allowing traders to practice and refine their skills without any time constraints.

 

Our Insights

Fintana’s demo account is an excellent tool for both beginners and experienced traders, providing a realistic trading environment with access to a variety of markets. With unlimited duration and virtual funds, the demo account offers a perfect opportunity to practice trading strategies and get familiar with the platform before moving to live trading.

 

 

How to Open a Fintana Account

 

Trading Tools and Platforms

Fintana offers a WebTrader that requires no downloads or software installations. While this seems limiting, it means that even though there’s no app, you can still access the platform on any computer or mobile device (even tablets). Here are some key features:

 

  • Features a user-friendly dashboard with live market trends, asset prices, and customizable watchlists.
  • Offers advanced, dynamic charts paired with analytical tools for in-depth market analysis.
  • Includes essential tools like stop-loss and take-profit functionalities to optimize trading strategies.
  • Provides dedicated customer support to assist with platform navigation and trading inquiries.

 

Offers advanced built-in analysis tools for more experienced traders to refine their trading strategies and benefit from market opportunities as they arise.

 

Comparison with MetaTrader 4 and cTrader

Fintana’s WebTrader platform offers a browser-based solution with a user-friendly interface, customizable watchlists, and essential trading and analysis tools.

In contrast, MetaTrader 4 (MT4) is a multi-device (mobile, browser, desktop) application with advanced charting tools, algorithmic trading capabilities, and extensive market analysis features.

cTrader is another popular platform with a sleek interface with advanced charting, automated trading options, and a focus on speed and reliability.

While Fintana’s WebTrader emphasizes accessibility and ease of use, MT4 and cTrader offer more advanced features suitable for experienced traders seeking comprehensive analytical tools and automated trading capabilities.

 

🔎 Feature🥇 Fintana WebTrader🥈 MetaTrader 4🥉 cTrader
📈 AccessibilityBrowser-basedDesktop, Mobile, BrowserDesktop, Mobile, Browser
📉 Device CompatibilityDesktop, MobileDesktop, MobileDesktop, Mobile
📊 User InterfaceUser-friendly dashboardAdvanced chartingSleek interface
💹 Analytical ToolsAdvanced built-in toolsAdvanced charting, technical indicatorsAdvanced charting, technical indicators
⚙️ Trading FeaturesStop-loss, take-profitAlgorithmic trading, Expert AdvisorsAutomated trading
💖 SupportDedicated supportCommunity forums, supportCommunity forums, support

 

Frequently Asked Questions

 

What devices can I use to access Fintana’s WebTrader?

Fintana’s WebTrader is accessible on any computer, mobile device, or tablet without the need for downloads or installations, making it highly flexible for traders on the go.

 

What are the key features of Fintana’s WebTrader?

The platform offers a user-friendly dashboard, live market trends, customizable watchlists, advanced dynamic charts, stop-loss and take-profit functionalities, and dedicated customer support for navigation and trading inquiries.

 

How does Fintana’s WebTrader compare to other platforms like MT4 and cTrader?

While Fintana’s WebTrader is browser-based and emphasizes ease of use with essential trading tools, MT4 and cTrader offer more advanced charting, automated trading, and extensive market analysis tools suitable for experienced traders.

 

Does Fintana’s WebTrader include any advanced tools for experienced traders?

Yes, Fintana’s WebTrader includes built-in analysis tools that allow more experienced traders to refine their strategies and capitalize on market opportunities.

 

Our Insights

Fintana’s WebTrader platform is ideal for traders seeking a user-friendly, browser-based solution that provides essential tools and flexibility for on-the-go trading. While it lacks the advanced features of platforms like MT4 or cTrader, it suits beginners and traders who prioritize accessibility.

Advanced traders might find other platforms more suitable for in-depth market analysis and automated trading, but WebTrader offers an easy-to-use starting point for many.

 

Demo Account

 

Asset Classes and Instruments

Fintana has a concentrated portfolio of asset classes and instruments that can be traded as CFDs, each with unique trading conditions. Below is a breakdown of the key asset classes available on the platform: Forex, stocks, commodities, cryptocurrencies, and indices.

Each asset class has specific leverage, spreads, and trading conditions that suit different trading strategies.

 

Forex

Fintana provides major, minor, and exotic pairs, which can be traded as CFDs. The leverage available for Forex trading is up to 1:400, which allows traders to control larger positions with less capital.

The spreads for EUR/USD start from 0.9 pips on the VIP account, and leverage is uniform across all pairs.

 

Stocks

Fintana offers access to major US companies like Apple, Amazon, and Tesla, which can be traded as CFDs. The leverage for stocks is more conservative, limited to 1:5, reflecting the lower volatility than Forex or commodities. Stock spreads typically start from 1.4 (Tesla) on the VIP account.

 

Commodities

Fintana gives traders access to gold, silver, and oil CFDs, with leverage up to 1:200. The spreads on commodities like gold and crude oil start from 1.4 pips. These conditions make commodity trading accessible to trade tangible assets with substantial leverage.

 

Cryptocurrencies

Fintana supports major cryptocurrencies that can be traded as CFDs, and the leverage for cryptocurrencies is capped at 1:5. Spreads start from 5 pips for XRP/USD and could be higher for more volatile pairs like BTC/USD and ETH/USD.

 

Indices

Fintana offers NASDAQ 100 (USTEC) and the Dow Jones 30 (US30), among several other popular index CFDs. Leverage for indices is capped at 1:200. Spreads for these indices start from 0.1 pips on DAX and vary according to the index.

 

🔎 Asset Class💹 Leverage💱 Spread (EUR/USD)✔️ Minimum Trade Volume➕ Maximum Trade Volume📌 Symbols Available
📈 ForexUp to 1:400Starting from 0.9 pips (VIP)0.01 lots50 lotsEUR/USD, GBP/USD, USD/JPY, etc.
📉 StocksUp to 1:5Varies by stock (e.g., 1.4 pips for Tesla on VIP)1 share10,000 sharesAAPL, AMZN, TSLA, MSFT, etc.
🍎 CommoditiesUp to 1:200Gold: 1.4 pips, Oil: 1.4 pips0.01 lots50 lotsGold, Crude Oil, Silver, etc.
🪙 CryptocurrenciesUp to 1:5Starting from 5 pips0.01 lots100,000 lotsBTC/USD, ETH/USD, LTC/USD, etc.
📊 IndicesUp to 1:200DAX: 0.10 pips0.1 lots100 lotsUS30, NAS100, UK100, etc.

 

Frequently Asked Questions

 

What asset classes are available for trading on Fintana?

Fintana offers a range of asset classes including Forex, stocks, commodities, cryptocurrencies, and indices. Each class is available for trading as CFDs with specific trading conditions.

 

What leverage is offered for Forex trading on Fintana?

Fintana offers leverage of up to 1:400 for Forex trading, allowing traders to control larger positions with less capital.

 

What are the spreads for commodities and cryptocurrencies on Fintana?

Spreads for commodities like gold and oil start from 1.4 pips, while for cryptocurrencies, spreads start from 5 pips for XRP/USD, with higher spreads for volatile pairs like BTC/USD and ETH/USD.

 

Can I trade stocks on Fintana, and what leverage is available?

Yes, Fintana offers access to major US stocks like Apple, Amazon, and Tesla, which can be traded as CFDs. The leverage for stocks is capped at 1:5, reflecting the lower volatility of these assets.

 

Our Insights

Fintana provides a diverse selection of assets, including Forex, stocks, commodities, cryptocurrencies, and indices, each with tailored trading conditions. With competitive leverage and spreads across the various asset classes, traders can access a variety of markets and develop strategies based on their preferences and risk tolerance.

 

Asset Classes and Instruments

 

Fees, Spreads, and Commissions

Fintana offers competitive trading fees across various account types, with no commission charged on trades. However, there are some non-trading fees to consider, such as withdrawal fees and inactivity fees. Below is a detailed breakdown of the fees for both trading and non-trading activities.

 

Trading Fees

 

🔎 Asset🥇 Classic🥈 Silver🥉 Gold🏅 Platinum🎖️ VIP
📈 EUR/USD2.5 pips2.5 pips1.8 pips1.4 pips0.9 pips
📉 Gold2.8 pips2.8 pips2.3 pips2 pips1.4 pips
📊 Crude Oil2.8 pips2.8 pips2.3 pips2 pips1.4 pips
💹 DAX0.14 pips0.14 pips0.13 pips0.12 pips0.10 pips
💱 Ripple5.7 pips5.7 pips5.5 pips5.3 pips5 pips
📌 Tesla2 pips2 pips1.8 pips1.6 pips1.4 pips

 

  • No commission is charged on trades.
  • Overnight swaps apply to positions held overnight; the fee or credit depends on asset class, with fixed swaps for commodities and indices.
  • A 3-day rollover strategy applies on Wednesdays due to the weekend market closure.

 

Non-Trading Fees

 

🔎 Fee Type📌 Amount
💴 Deposit FeesNone (except potential third-party charges)
💶 Withdrawal FeesCredit/Debit Card, Prepaid Card, E-wallets: No specified fee (third-party charges apply)
Wire Transfer: 30 USD (or equivalent)
💵 Inactivity Fees0 to 1 month: No fee
30 days: 100 USD (or equivalent)
60 days: 250 USD (or equivalent)
180 days: 500 USD (or equivalent)
💷 Currency Conversion FeesAdditional charges for currency exchange rate adjustments

 

Frequently Asked Questions

 

Does Fintana charge a commission on trades?

No, Fintana does not charge any commission on trades. The costs are included in the spreads for different asset classes.

 

Are there any fees for holding positions overnight?

Yes, overnight swaps apply to positions held overnight. The fee or credit depends on the asset class, with fixed swaps for commodities and indices.

 

Is there a rollover strategy applied on Wednesdays?

Yes, Fintana uses a 3-day rollover strategy on Wednesdays due to the weekend market closure. This applies to positions that are held overnight.

 

What are the non-trading fees at Fintana?

Fintana has non-trading fees such as withdrawal fees and inactivity fees. Withdrawal fees for wire transfers are 30 USD, and inactivity fees apply if the account is inactive for 30 days or more.

 

Our Insights

Fintana offers competitive trading fees, with no commission on trades and relatively low spreads. While overnight swaps and non-trading fees like withdrawal and inactivity fees exist, they are clearly outlined, providing transparency for traders.

 

Fees, Spreads, and Commissions

 

Leverage and Margin

Fintana offers different leverage options according to the asset classes, often depending on their volatility and overall risk (lower risk = higher leverage, and vice versa).

The margin required for each asset class is calculated from the available leverage. Here’s a breakdown of the leverage and margin requirements for each asset class Fintana offers.

 

🔎 Asset Class🅰️ Leverage🅱️ Margin Requirement
📈 ForexUp to 1:4000.25% (1/400th of position size)
🏆 Silver/GoldUp to 1:2000.50% (1/200th of position size)
📉 IndicesUp to 1:2000.50% (1/200th of position size)
🍊 CommoditiesUp to 1:2000.50% (1/200th of position size)
📊 Stocks/EquitiesUp to 1:520% (1/5th of position size)
🪙 CryptosUp to 1:520% (1/5th of position size)

 

Margin Calculation Explanation

 

  • Forex: For Forex pairs, such as EUR/USD, with leverage of 1:400, the trader needs to maintain a minimum margin of 0.25%. For example, if a trader opens a position of $100,000, they need a $250 account balance to cover the margin.
  • Silver & Gold, Indices, and Commodities have leverage of 1:200, which means the margin requirement is 0.50%. If a trader opens a $100,000 position in gold, they must maintain a $500 margin.

 

Stocks & Cryptos have leverage of 1:5, and the margin requirement increases to 20%. For example, to trade $100,000 in stocks, the trader needs $20,000 in margin available.

 

Frequently Asked Questions

 

What leverage does Fintana offer for Forex trading?

Fintana offers leverage of up to 1:400 for Forex pairs, such as EUR/USD. This allows traders to control larger positions with a relatively smaller margin.

 

How is the margin requirement calculated for Forex?

For Forex pairs, the margin requirement is 0.25% when using leverage of 1:400. For example, if a trader opens a position worth $100,000, they would need a $250 account balance to cover the margin.

 

What is the margin requirement for trading stocks and cryptocurrencies?

Stocks and cryptocurrencies are offered with leverage of 1:5, meaning the margin requirement is 20%. For instance, to trade $100,000 worth of stocks, a trader would need $20,000 in available margin.

 

How does leverage affect the margin for commodities and indices?

Commodities and indices have leverage of 1:200, with a margin requirement of 0.50%. For example, if a trader opens a position worth $100,000 in gold, they would need to maintain a $500 margin.

 

Our Insights

Fintana provides a range of leverage options depending on the asset class, allowing traders to choose the level of risk they are comfortable with. The margin requirements are straightforward, making it easier for traders to understand the capital needed for each trade. With competitive leverage and clear margin guidelines, Fintana is well-suited for traders of various strategies.

 

Leverage and Margin

 

Deposits and Withdrawals

 

🔎 Method💰 Minimum Deposit⏰ Processing Time
💴 Credit/Debit Cards250 USD (or equivalent)Instant
💶 Wire Transfer250 USD (or equivalent)2-5 business days
💵 APMs (E-wallets)250 USD (or equivalent)Instant to 24 hours

 

To deposit funds, follow these steps:

 

  • Log in to your Fintana account.
  • Go to the “Payments” section and select your deposit method.
  • Follow the instructions to complete the deposit.

 

🔎 Method💰 Minimum Withdrawal⏰ Processing Time
💴 Credit Card10 USD (or equivalent)8-10 business days
💶 Wire Transfer100 USD (or equivalent)8-10 business days
💵 E-walletsAny amount (above fees)8-10 business days

 

To withdraw funds, follow these steps:

 

  • Log in to your Fintana account.
  • Navigate to the “Client Area” and click on “Withdrawal.”
  • Enter the amount you want to withdraw and click “GET MY MONEY.”

 

Deposit and Withdrawal Conditions and Additional Info

 

  • Only deposits from your account are accepted; no third-party deposits.
  • If your card is declined, check with your bank for restrictions or limits.
  • You can withdraw available funds even with open positions, but you need enough free margin.

 

Moreover, withdrawals can be canceled before processing.

 

Frequently Asked Questions

 

How do I deposit funds into my Fintana account?

To deposit funds, log in to your Fintana account, go to the “Payments” section, select your preferred deposit method, and follow the provided instructions to complete the deposit.

 

How do I withdraw funds from Fintana?

To withdraw funds, log in to your Fintana account, go to the “Client Area,” click on “Withdrawal,” enter the amount you wish to withdraw, and then click “GET MY MONEY.”

 

Are third-party deposits allowed on Fintana?

No, Fintana only accepts deposits made from your account. Third-party deposits are not allowed.

 

Can I withdraw funds if I have open positions?

Yes, you can withdraw available funds even with open positions, as long as you have enough free margin in your account.

 

Our Insights

Fintana provides an easy-to-follow process for both deposits and withdrawals, ensuring a smooth experience for traders. The requirement for deposits to come from your account helps maintain security. Additionally, the option to withdraw funds even with open positions, as long as there is enough margin, offers flexibility to traders.

 

Deposits and Withdrawals

 

Education and Research

Fintana has a comprehensive suite of educational tools and research resources to support traders and enhance their market knowledge. However, note that you can only access these resources and tools once you have an approved and funded account.

Here’s a summary of what’s available on the platform:

 

🔎 Resource📌 Description📍 Benefit for Traders
✏️ Economic CalendarInsights into upcoming economic events, including GDP, inflation, employment data, and central bank announcements. You can customize events by significance and set notificationsHelps traders stay updated on market-moving events and adjust their trading strategies
📔 Extensive educational resourcesAdvanced technical analysis tools, including eBooks, trading courses, charts, key levels, and a Technical Score. Features newsletters, Alpha Generation, and Strategy Builder.Provides reliable data and analysis tools to discover, validate, and time trades
📚 Chart AnalysisIn-depth charting tools with a Technical Score and Panoramic View of financial instrumentsEnhances traders' ability to analyze market trends with visual tools for decision-making
📒 Education CenterOffers introductory and advanced courses covering trading principles, strategies, and market analysisA solid foundation for beginners and advanced strategies for experienced traders
📑 MetaTrader TutorialsOn-demand lessons on how to use MetaTrader for both desktop and mobile trading.Guides traders in using MetaTrader
🗃️ Live Signals & Daily Analysis VideosReal-time insights into market trends, opportunities, and strategiesProvides updated analysis
🗄️ Trading GlossaryA comprehensive glossary of essential trading terms and conceptsOffers quick reference for traders to understand and apply market terminology
📇 E-BooksA library of eBooks covering trading psychology, technical analysis, market analysis, and capital management, among other topicsProvides in-depth knowledge and strategies for traders at all levels

 

Frequently Asked Questions

 

What is the Economic Calendar, and how can it help traders?

The Economic Calendar provides insights into upcoming economic events such as GDP, inflation, employment data, and central bank announcements. Traders can customize the events by significance and set notifications, helping them stay updated on market-moving events and adjust their trading strategies accordingly.

 

What educational resources does Fintana offer?

Fintana offers a variety of educational resources, including advanced technical analysis tools, eBooks, trading courses, charts, and a Technical Score. The platform also features newsletters, Alpha Generation, and a Strategy Builder, giving traders reliable data and tools to discover, validate, and time trades effectively.

 

How does Fintana’s Chart Analysis feature benefit traders?

Fintana’s Chart Analysis provides in-depth charting tools, including a Technical Score and a Panoramic View of financial instruments, which enhances traders’ ability to analyze market trends and make informed decisions.

 

What kind of educational content is available for beginners and advanced traders?

Fintana offers an Education Center with introductory and advanced courses that cover trading principles, strategies, and market analysis. This provides a solid foundation for beginners and advanced strategies for experienced traders.

 

Our Insights

Fintana offers a comprehensive range of educational tools and resources, from live market analysis to in-depth tutorials and eBooks. These resources cater to traders of all levels, ensuring they can access valuable insights, enhance their skills, and refine their strategies for better trading outcomes.

 

Education and Research

 

Contact Details and Customer Support

 

  • Email: support@fintana.com
  • Phone: +447701421540 (International charges may apply for callers outside the UK)
  • Address: 6th Floor, Tower 1, Nexteracom Building, Ebene, Mauritius
  • Languages: 10 (including English, German, French, and Arabic)

 

Fintana’s customer support is available via email and phone. The platform does not offer live chat, but the support team is known for quick responses and effective solutions to traders’ issues.

Remember that international calls will incur additional charges when reaching Fintana’s support team.

For any complaints or formal inquiries, you can contact their complaint department at complaints@fintana.com, and for detailed complaint procedures, visit Fintana Complaint Info.

 

Contact Details and Customer Support

 

Customer Ratings

 

🔎 Platform📊 Rating📍 Number of Reviews
⭐ Trustpilot4.6/519 reviews

 

From what we can see, Fintana has earned a 4.6/5 rating on Trustpilot based on 19 reviews. Upon reviewing the comments, most traders appreciate the strong customer support and the variety of assets they can trade.

Based on feedback, the platform’s user-friendly features make it easy for beginners and experienced traders to navigate.

In contrast, some users seem to feel the platform could use a few tweaks, especially regarding advanced trading tools. A few reviews mentioned that certain features could be improved for an improved user experience, but the feedback is largely positive overall.

 

Customer Ratings

 

Final Thoughts and Recommendations

From what we’ve seen, Fintana is a solid option for all traders worldwide, regardless of their strategies, by offering Forex, stocks, and cryptocurrencies with flexible leverage and competitive trading conditions.

We like that the platform is easy with tools and features catering to new and experienced traders. Customer support is prompt and helpful, available 24/7 via email and phone, though there’s no 24/7 customer support.

The demo account is another benefit, allowing traders to practice, test the platform, evaluate Fintana, and more.

That said, there are a few drawbacks that we noticed. The affiliate program lacks transparency when it comes to commission details, which could be a dealbreaker for potential partners.

While Fintana is regulated, it’s not the strictest, and there’s no additional regulation outside Mauritius, which might leave some customers questioning whether they are covered in the event of disputes.

We’d also love to see the introduction of mobile and desktop apps with more advanced features that can help traders refine their trading strategies and improve their skills.

Despite the drawbacks and areas where Fintana can improve, it’s a flexible broker that provides all traders access to global markets using accounts ideal for all trading goals, experience levels, and strategies.

 

Our Recommendations

 

  • Introduce a mobile and desktop app to complement the WebTrader platform.
  • While Fintana offers advanced analysis tools, a wider variety of advanced tools would be beneficial for experienced traders.
  • Improve transparency in the affiliate program by providing clear commission structures and payout schedules.
  • Expand regulatory oversight beyond Mauritius to build trader trust.
  • Enhance live chat availability for customer support.
  • Add third-party platforms like MetaTrader and cTrader.
  • Add specific marketing materials and tools for affiliate partners.
  • Develop features more suited to professional traders like algorithmic trading or expert advisors.
  • Reduce withdrawal processing time for greater convenience.

 

Final Thoughts and Recommendations

 

Pros and Cons

 

Pros

 

  • Educational resources include trading courses, eBooks, and a comprehensive glossary.
  • The economic calendar and advanced charting tools assist in planning and analysis.
  • Spreads are competitive, starting from 0.9 pips for EUR/USD on the VIP account.
  • Deposits via credit or debit cards and e-wallets are processed instantly.
  • A demo account includes $100,000 in virtual funds with no time restrictions for practice.
  • Traders can access over 280 financial instruments across Forex, Stocks, Indices, Cryptocurrencies, and Commodities.
  • There’s an Advanced WebTrader platform that can be accessed across devices and includes advanced built-in analytical tools.
  • Customer support Is available in 10 languages.
  • Forex trading offers leverage of up to 1:400 for higher exposure using less capital.
  • Fintana is regulated by the FSC of Mauritius and offers negative balance protection.
  • Fintana offers 24/7 customer support via phone and email.
  • Multiple account types accommodate most trading goals and experience levels.

 

Cons

 

  • The Fintana website does not offer live chat support for real-time inquiries.
  • Withdrawals via wire transfer require up to 10 business days to process.
  • Wire transfer withdrawals incur a $30 fee.
  • Fintana doesn’t offer mobile or desktop apps, limiting platform accessibility.
  • The affiliate commission structure lacks clear and detailed information.
  • Regulatory oversight is limited to the FSC.
  • Advanced trading features like algorithmic trading and VPS hosting are not available.

 

References: 

 

 

In Conclusion

Despite the drawbacks and areas where Fintana can improve, it’s a flexible broker that provides all traders access to global markets using accounts ideal for all trading goals, experience levels, and strategies.

Faq

Yes, Fintana is regulated and uses encryption and segregated accounts for client and fund safety.

Deposits are free, but withdrawals have a $30 bank wire fee.

Yes, Fintana is ideal for beginner traders because of its simple layout and educational tools. You don’t need to be an expert to get started.

Yes, Fintana offers Crypto CFD trading across accounts, and you can use several trading strategies.

Fintana includes an economic calendar, market data, graphics, built-in analytical tools, and risk-management options.

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