Finquotes Financial, a forex broker that provides investors with trading services for forex, commodities, bonds, stocks and indices, does not provide post-regulatory authorization information on its website, nor is it possible to access regulatory or authorization information through its place of incorporation or office location. In addition, the company's website indicates that it does not provide services to jurisdictions that may violate local laws or regulations.
Company background:
The official website of Finquotes Financial does not provide company registration information, nor does it provide office location information, so it is not possible to confirm and verify the incorporation information of the company. In addition, the domain name registration information of the website queried by Whois shows that the company's official website domain name was registered on November 13, 2023, and the domain name registration time is not more than 1 year ago.
Account Registration:
According to Finquotes Financial's website, the company provides investors with links to register real accounts. The method of registering a real account is as follows: click "Register" on the left side of the home page of Finquotes Financial official website to enter the account registration page, select or fill in the Email, password, name, country, telephone number and other information as required, and then complete the registration of the real account. The account registration page of Finquotes Financial is only available in English and Russian. However, the Finquotes Financial website does not provide registration information for the demo account.
Account Type:
According to the official website of Finquotes Financial, the company offers investors four different types of trading accounts: Trial, Standart, Premium and VIP. In addition, although the Finquotes Financial website provides the differences in customer service between these four accounts, the Finquotes Financial website does not provide the differences in the minimum deposit amount, commission, spread, margin (leverage) ratio of these four accounts.
Trading Products:
According to the official website of Finquotes Financial, the company provides investors with foreign exchange, commodities, bonds, stocks and indices trading services. In addition, the official website of Finquotes Financial provides information on specific trading products covered by foreign exchange, commodities, bonds, stocks and indices, as well as the margin (leverage) ratio and contract specifications of specific trading products. The Finquotes website does not provide information on commissions, spreads, minimum units, maximum units, or overnight interest rates for specific trades.
Margin ratio:
Finquotes Financial displays margin (leverage) ratio information for specific trading products covered by foreign exchange, commodities, bonds, stocks, and indices on its official website.
Trading Hours:
Finquotes Financial's official website displays the trading hours of specific trading products covered by foreign exchange, commodities, bonds, stocks and indices.
Deposits and Withdrawals:
The Finquotes website does not provide information on the channels and methods of deposit and withdrawal supported by Finquotes Financial, nor does it provide information on the currencies supported by FinQuotes, deposit and withdrawal fees, and deposit and withdrawal times.
Trading Software:
According to the Finquotes Financial website, the company provides investors with its own trading software, which supports computer versions (Winodws/MacOS) and mobile versions (IOS/Android). However, the Android version of the trading software in some countries or regions, there are problems that cannot be downloaded or downloaded and installed slowly.
Other services:
Finquotes Financial provides investors with an economic calendar and market news service, according to the company's website. The Economic calendar can help investors understand the economic data or financial events that have happened or are about to happen in the financial market. Market news can help investors grasp the hot news of the financial market and the impact of hot news formation.
Regulatory information:
The Finquotes Financial website does not provide the regulatory or authorization information obtained by it, nor does it provide the location of its registration or office, so it is not possible to query and verify the regulatory or authorization information of the company through the location of the company's registration or office.
Summary:
Finquotes Financial is suspected of fraud. On the one hand, the official website of Finquotes Financial does not provide company registration information, nor does it provide office location information, so it is impossible to confirm and verify the company's incorporation information. On the other hand, the Finquotes Financial website does not provide the regulatory or authorization information obtained by it, nor is it possible to query and verify the regulatory or authorization information obtained by the company through the information of the company's registration or office location. Judging from this, Finquotes Financial is suspected of fraud, and investors should be careful to choose the services provided by the company. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
