About the company:
Finmarket is a subsidiary of K-DNA Financial Services Ltd. (“K-DNA”) specializing in providing online forex and CFD trading services to clients worldwide. The broker ensures high market liquidity, transparent cooperation conditions, and optimal trading opportunities.
Legal information:
The website finmarket.com states that the company is registered in Cyprus and operates in accordance with the requirements of the Cyprus Securities and Exchange Commission. Official legal documentation confirming this information is not provided on the website. Considering Cyprus’ status as an offshore jurisdiction, clients from other countries may not rely on full legal protection.
Customer service:
Interaction with clients is carried out through telephone communication, email, and feedback function. Additionally, the company restricts access to services for certain countries. Client funds are kept separate from the company’s operational accounts in accordance with CySEC rules.
Finmarket trading conditions:
The broker uses the popular MT4 platform, known for its wide range of features and tools. To start working with the broker, the client needs to register, create a personal account, and choose a suitable tariff plan:
- Platinum. Minimum deposit – $250. Ability to trade all instruments, leverage 1:30, 65% commission discount.
- Diamond. Investments from $5,000. Scalping and hedging allowed, access to all trading instruments, analytics, leverage 1:30.
- Elite. Starting capital – $50,000. 85% commission discount, all features of previous accounts available.
The broker offers tight spreads, secure trading conditions, over 200 trading assets, and round-the-clock multilingual support. CFDs on commodities, energy, and cryptocurrencies are also available. The website provides educational materials for trading beginners.
Finmarket reserves the right to adjust service conditions for clients whose actions may appear suspicious.
Account funding and withdrawals:
For financial operations, Visa, MasterCard, Maestro cards, as well as payment systems Neteller, Skrill, GiroPay can be used. The minimum deposit is not specified, the base currency is the dollar. The company does not charge a commission for transactions, but there may be commissions from banking institutions. Information on payment limits and withdrawal procedures is not provided.
Conclusions:
Finmarket positions itself as an international broker with optimal conditions for clients worldwide, but has restrictions for some countries. Official documents are not presented. Registration in an offshore zone does not guarantee full security for clients from other countries. Trading plans do not differ functionally, although they offer different minimum investment thresholds.