About Finrise Company
Finrise has been providing financial services since 2010. The company specializes in brokerage and investment activities. It is important to note that starting from 2020, Finrise has ceased to offer brokerage services. The company is a subsidiary of IUK “InstroyInvest,” which began its operations in the financial market in 1992. It is known that the parent company holds a license from the Federal Financial Markets Service of Russia. Both Finrise and InstroyInvest operate exclusively in an online format, without physical offices for customer service. It is noted that the authorization document for the company’s activities was issued by the Federal Financial Markets Service. Additionally, Finrise is an accredited participant of the Moscow Exchange. The company offers its services to a wide range of clients, from enterprises to individuals. A significant advantage is the availability of various educational materials, accessible to every user.
Investment Opportunities at Finrise
Investment opportunities for investors include:
- Depository. This service is regulated by the “Securities Market” law, providing guarantees, but details are not disclosed.
- Structured Products. Finrise actively promotes structured products in the Russian market, promising risk fixation and unlimited profit.
- Unified Investment Account. This service allows clients to consolidate their assets in one brokerage account, ensuring convenience and time savings.
- Corporate Consulting. Consultations are provided over the phone without specifying details.
- REPO Transactions. Short-term transactions (up to 180 days) where the client sells securities to the company with a repurchase obligation.
- Financial Consultant. Additional details about this service are obtained through a conversation with the company’s manager.
For trading convenience, the use of Quik software is recommended, compatible with popular operating systems, as well as access to technical analysis from Finrise.
Account Funding and Withdrawal at Finrise
Funding a Finrise account can be done through a bank transfer. Withdrawals are made between accounts opened on the exchange. The following methods are provided for money deposit/withdrawal operations: via mail/fax or the “Client Cabinet” internet service. Before withdrawing funds, it is necessary to request an approved withdrawal amount. Information on fees and processing times for fund transfers is not disclosed.
Conclusion
Finrise positions itself as a reliable and large company. The presence of a license and a wide range of services are key advantages. Limited options for funding and withdrawal can be considered as drawbacks. It is important to be aware of potential risks associated with financial operations that may lead to financial losses. It is recommended to seek advice from a specialist before registering on the website.