Founded in early 2020 by Oliver Jones and headquartered in New York, USA, Finasto offers trading services across various financial products, including forex, digital options, commodities, currency pairs, and cryptocurrencies. According to information from the company’s official site, it claims a presence in financial hubs such as the UK, Germany, France, the Netherlands, and Singapore, providing services for clients worldwide.
Available Trading Products
As outlined on the broker's website, a range of trading options is provided, aiming to meet diverse investment preferences. Here is a summary of these offerings:
- Forex Trading: The company describes the forex market as a high-volume global currency exchange, with daily trades in the trillions. This market's constant price changes, or "volatility," can allow traders to profit by buying low and selling high.
- Digital Options: Digital options, according to the company’s descriptions, let investors gain fixed returns or losses depending on whether an asset reaches a specified price, called the “strike price,” within a set time. These options are said to offer a clear outcome based on market predictions.
- Commodities: The broker’s materials describe commodities as tradeable basic resources, like oil and gold. Users can buy or short-sell contracts in response to market price shifts.
- Currency Pairs: The forex section offers major, minor, and exotic currency pairs, allowing users to exchange currencies as market conditions evolve.
- Cryptocurrencies: Based on the company’s information, digital assets like Bitcoin and Ethereum are available, with prices that vary according to supply, demand, market sentiment, and technological developments.
Trading Platform and Software
The company states that it has developed a proprietary application available for both Windows and macOS, which has reportedly seen over 46 million downloads with a 4.2 rating. This app is marketed as a user-friendly tool, designed for traders of various experience levels to manage trades from desktop or mobile devices.
Customer Support
According to the official information, customer support is accessible 24/7, via email (support@finasto.com) and an online chat on the website. This setup, as the company describes, allows for prompt responses to client inquiries.
Security Practices
This broker emphasizes its focus on security, detailing several protective measures on its website:
- Data Encryption: Data sent to and from the platform is encrypted, as described, to prevent unauthorized access.
- Authentication: Strong authentication procedures are reportedly in place to protect user accounts.
- System Protection: The company claims to implement multiple layers of system security to guard against unauthorized access and cyber threats.
Background and Transparency
As stated in its records, Finasto was founded in 2020 and operates from 250 Broadway, New York, NY. The domain was registered in January 2020, and the company describes its commitment to providing advanced trading tools while prioritizing security and transparency.
Summary
In summary, Finasto offers a selection of trading services, including forex, digital options, commodities, and cryptocurrencies. Information from the official site highlights a focus on security, technology, and customer support, positioning it as a platform for both new and experienced traders.
