Finexo Review
  • Instrument Variety
  • Leverage: (1:200 / 1:20)*
  • Scalping: Allowed
  • Spreads: 3 pips
  • Regulation: CySEC
  • History: Clean

Bottom Line

Yet another reliable CySEC broker, with very average trading conditions, limited trading platforms (MT4 only), and limited leverage (1:200 on Forex, 1:20 on stocks). It’s an OK choice but the other SafeCap capital owned broker, namely, is a better choice.

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 Important Facts 

  • Company: Finexo, is one of the trading names of Safecap Investments Ltd.
  • Founded: Finexo was founded in 2003, and was became one of Saxo Bank’s largest white label partners. The firm was then acquired by Safecap Investments Ltd. in 2010.
  • Payment Options: Wire Transfer, WebMoney, Credit and Debit Cards.
  • Platforms: MetaTrader 4 and Finexo MobileTrader.
  • Accounts Available in: EUR, GBP and USD.
  • Minimum Deposit: $100.
  • Regulation: Regulated by CySEC of Cyprus.
  • Social Trading: N/A.
  • Support Options: Live Chat, Phone and Email.



The platform offering from Finexo is rather sparse, with the brokerage only offering its traders a choice between MetaTrader 4 and Finexo’s various mobile trading platforms. MetaTrader 4 is a favorite among many traders and the Finexo version of the platform works just as one would hope. Finexo also offer a mobile trading platform, allowing it’s clients to trade on the move. The mobile platform is fully integrated with MetaTrader 4 and allows traders to manage their accounts anywhere in the world. What is noticeable is the lack of a social option, which seems bizarre considering SafeCap Investments brand offer both Sirix WebTrader and Tradency’s Mirror Trader. Both of these platforms provide considerable social trading functionality, which makes it hard for me to understand why a trader would opt for Finexo over

Trading Conditions  

  • Leverage: Up to 1:200 on Forex and up to 1:100 on other instruments. 
  • Scalping: Allowed.
  • Expert Advisors: Allowed.
  • Hedging: Allowed.
  • Trailing Stops: Yes
  • Spreads: Fixed,  3 pip spread on the EUR/USD.

The trading conditions on offer at Finexo are pretty good with one exception. Many will find the fixed spreads on offer at Finexo to wide to their liking, traders will be able to find a number of other regulated brokerages who offer tighter fixed spreads than Finexo. Other than this there is little to complain about, traders can take advantage of significant leverage on both Forex and Commodities. *Leverage on Stocks is limited to 1:20, but this is to be expected with brokerages typically offering less leverage on Stocks and Indices. Finexo places no limit on it’s users when it comes to scalping, meaning that traders who operate a scalping strategy should feel welcome here. Overall, trading conditions at Finexo are pretty favorable with the exception of the fixed spreads on offer which could be more competitive.


  • Number of Currency Pairings: 51 (including a number of exotic pairings).
  • Other Instruments: Precious Metals, Commodities, Stocks, Indices and Bonds.

Finexo offer a pretty comprehensive range of currency pairings and even the most adventurous Foreign exchange trader is most likely going to be able to trade all the currency pairings he desires. Obviously, the more exotic the currency pairing the wider the spread tends to be which means the majority of traders will probably want to stick the major currency pairings anyway. Where Finexo comes into it own is the in range of other instruments offered on the platform, traders are able to trade a wide range of different financial instruments all from one place. These offer instruments include a very impressive range of international stocks and will be of interest to those who want to trade more than just currency.

Customer Support  

  • Contact Methods: Live Chat, Email and Phone. 
  • Telephone Numbers: A selection of European telephone numbers.
  • Support Languages: Arabic, English, German, Portuguese, Russian, Spanish and Turkish.

In my time dealing with staff from Safecap Investment companies, I have never had any major problems. It is easy to get into contact with the staff at the brokerage should you have a problem with the service. Support is provided in a number of major European languages, allowing the brokerage to provide a high quality of customer service to those situated in a number of major European nations. In addition the brokerage offers a selection of European numbers, meaning clients in certain countries won’t be faced with large international phone bills.  Overall customer service at Finexo is pretty good.


  • Regulated: By CySEC of Cyprus. 
  • MiFID Regulated: Yes, can accept clients from throughout the European Union.
  • US Traders: No, Finexo cannot accept US traders.
  • Regulatory Record: Safecap Investments Ltd. has a completely clean regulatory record.

Finexo is one of the trading names of Safecap Investments Ltd, who operate a number of different financial brands. The company has never been on the receiving end of a fine or any other type of disciplinary action. A clean regulatory record is always desirable when picking a brokerage to operate with.  As Cyprus is a member of the European, the countries financial regulator is bound by MiFID, which ensures a minimum standard of financial regulation. US readers should note that Finexo cannot accept US based traders, due to the fact the brokerage doesn’t posses the required NFA and CTFC regulation. When it comes to regulation I see no real reason for concern.

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Finexo offers an impressive range of instruments and has a solid regulatory record. However, the wide fixed spreads on major currency pairings may be enough to put some traders off the firm. I also wonder why a trader would pick Finexo over SafeCap Investments most well known brokerage brand Both brands are operated by the same company, but offers more diversity when it comes to the range of available trading platforms.

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What did you think of our Finexo review? If you have had any experience with Finexo, please feel free to share in the comments.

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