Finotec

Established at 1998 the Finotec Trading Inc is one of the large and major players in the trading platform with 9 different platforms that gives response to all traders from the new users up to experience speculators and firms. Finotec trades with no Dealing Desk Execution that insures you to get the best rate at the time you sell your position, by direct connection to multiple banks and market makers. You have the option to choose between regular account or to have a mini account , and you can start with the demo account for free, the platforms can be on the web or downloaded to you computer, the Mini account starts from a $200 deposit and has is own unique trading platform.

Finotec Based in London and New York is in the Currency rate market from 1998, it has license in the FSA regulation from the UK and the US authority NFA, standing in the high restrictions and Transparency that reassures you that this broker is safe to invest with. In the Forex market it’s a experience broker that has many advantages, the platform is Java software, you don’t need to install it to your computer, you have the flexibility to enter the platform from any place you will be, you have a E learning center with a video training in all investing aspects. You can get SMS alerts on you positions and any important information you need to be updated, you have 24 hours live support and chat in many languages, charts are available on all currency pairs and is comfortably placed in the trading platform. The interface in the platform is flexible and made from many windows that you can subtract or add as you wish giving you the option to have the information that is important to you available.

A unique option offered to you by this broker is a mini account that starts from a $200 deposit and will support you first steps with the thought that you need more assistance and guidance in this stage, the stranded account requires a deposit of $10,000. Finotec offers no less then 9 different platforms that is probably the most any broker can provide, Currenex platform, Sky, MT4, Fund Manager, the regular Meta Trader, Web Lite FIX API and Apps for Mobile trading, this tools is a major strength for the users to find the right platform allowing them to maximize trading skills.

One of the benefits for investors that Finotec has to offer is No Dealing Desk Execution; all transactions of buying currency rate are automatically sent to multiple Banks and market makers to get the highest rate available in the market. This direct connection reduces Conflict of interest that brokers can have with one market maker that quote the rate, this process called STP – Strait through process, promises the best rate available for the investors.

Finotec has a big education center that provides a training program online that will emphasis all the major trading aspects from first trading steps to strategy’s and analysis, the free demo is a good option to have a taste in the Forex trading with a option to enter the main platform with virtual $100,000 and start trading on the real Forex market and Commodities.