Fintsunami Review – Should you trust them?
General Information |
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Broker Name: | Fintsunami |
Broker Type: | Forex & CFDs |
Country: | US |
Operating since year: | N/A |
Regulation: | N/A |
Address: | 1859 Dancing Street, New York, NY 25630, USA |
Broker status: | Active |
Customer Service | |
Phone: | +442920027726 |
Email: | [email protected] |
Languages: | English |
Availability: | 24/5 |
Trading | |
The Trading platforms: | Proprietary |
Trading platform Time zone: | N/A |
Demo account: | No |
Mobile trading: | Yes |
Web-based trading: | Yes |
Bonuses: | No |
Other trading instruments: | Yes |
Account | |
Minimum deposit: | $250 |
Maximal leverage: | 1:500 |
Spread: | Floating From 0.0 Pips |
Scalping allowed: | Yes |
CONTENT
General Information & First Impressions
Finsunami is a new brokerage mostly targeting European clients, which is apparent since its base language is German. It’s a CFD brokerage, and somewhat surprisingly, it operates from the USA. Our Fintsunami review will tell you more about the broker’s qualities and how it stands against competitors.
Fintsunami has recently earned a ton of traction, citing it as an open and powerful brokerage. That much is apparent from its website, which looks good and operates well. It’s clear that the broker knows power isn’t the only thing that matters, and it strives to create a great user experience. As such, newer and more experienced traders are flocking in, trying to maximize their comfort and trading potency.
One noticeable thing is that the broker is quite open with its information. It’s easy to learn anything about fintsunami.com, even from the website alone. The formal documents hold some additional info for fringe and very specific cases.
However, before we move on with our Fintsunami review, we need to mention that it’s a CFD broker. Some users may not be too happy with that, but we urge you not to rush to disregard the broker. We’re aware of the bad reputation CFDs have in some circles, and although it’s not wholly undeserved, it’s also overblown. Scammers exist as CFDs, but if you’re careful, you can avoid them and end up with a much better service.
CFDs are massively beneficial to most traders, allowing brokers to create larger trading libraries. But the versatility isn’t the only plus, as the prices are lower, the liquidity is higher, and the possible leverage is much steeper.
We were impressed with what Fintsunami showed us feature and function-wise. However, let’s look at the security for the next part of our Fintsunami review.
Fund and Account Security
There are levels of online danger, depending on your operating sphere. In general online services, the primary danger comes from phishing scams, but they’re relatively simple to avoid. However, as more and more money gets involved, the danger becomes more and more pronounced. And since a single user regularly deposits thousands of dollars with brokers, they’re especially dangerous.
That’s even noticeable with CFD brokerages. Since they offer good conditions, scams like to pose as them to appear more attractive. You can easily get tricked into losing your hard-earned money if you don’t know better. That’s why we said we understand the distaste for CFDs earlier in our Fintsunami review.
However, if you find a legitimate CFD company, you will likely have a better trading experience. They allow users to achieve more profits and tailor their experience more closely to their preferences. But spotting the difference between the two isn’t always a simple task.
Namely, since traders don’t spend as much time investigating brokers as they do trading, they often lack the required experience to discern real brokers from scammers. That’s why it’s easy to fall for a scam, even if you’re really good at trading. But we’ll assist you with that.
We ran through Fintsunami’s features and trust indicators to form a clear image of whether the company is safe. Luckily, we were glad to find out that the broker offers an entirely honest and transparent experience.
The number one factor to our trust is that Fintsunami operates from the US. And as a major financial hub, the US has extremely strict regulations on what financial companies can do. The fact that Fintsunami chose to work from there is telling, and we don’t see you having any security issues.
Account Info at fintsunami.com
So now that we know we’re dealing with a secure brokerage, we can move on to the service. And the first order of business is discussing how the broker remains open to different traders. Of course, a part of it comes from CFDs allowing it to broaden its asset library, as we explained earlier in our Fintsunami review. However, an equally as significant part comes from its account structure.
More specifically, Fintsunami offers three different accounts, each corresponding to a different budget level. That allows the broker to section its service and organize it in a way where it fits everyone. Of course, that circumvents the usual brokerage problem of favoring either budget or luxury users too much.
Fintsunami found an amazing balance between the two. The budget account options are more feature-rich than they usually are with other brokers. Meanwhile, the broker also has potent luxury accounts that come with all the features high-end traders are used to.
And the biggest advantage is the way you move through the structure. It’s a cumulative deposit-based system, so there are no actual costs for any of the three accounts. You can just fuel your trading like you usually would and reach upgrades naturally. Alternatively, you can go for the higher options right away since you’ll be able to trade with the money you put in regardless.
We quite like the structure that the broker put forward. It results in a better customer experience across the board and guarantees you get your money’s worth. Here are some of the conditions you can expect to see on fintsunami.com:
Specialist
- Minimum Deposit: $250
- Personal Account Manager
- Basic Market Education Sessions
- Personalized trade alerts
Advance
- Minimum Deposit: $2000
- Personal Account Manager
- Basic Market Education Sessions
- Personalized trade alerts
- Risk-free trading
- Free Support
Premium
- Minimum Deposit: $5000
- Personal Account Manager
- Basic Market Education Sessions
- Personalized trade alerts
- Risk-free trading
- Free Support
- Higher leverage
- Premium Platform Support
- Exclusive invitations to VIP events
- Stand-alone contract
Fintsunami’s Trading Platform
The last important component of Fintsunami’s service that we’d like to discuss today is the platform. The broker uses a web-based trading platform accessible via a browser on any computer. That means it’s much simpler to access than the standard trading terminal since there’s no download required.
And since that is Fintsunami’s primary platform, it’s much more sound than the standard web platform. That’s because most brokers create browser platforms by porting an already existing version. That creates functional issues and opens the door for bugs and security problems.
As we said earlier in our fintsunami.com review, the broker pays attention to comfort. The approach is no different from its platform, which is easy to use and customizable to an extent. Even if you’re brand new to trading, your core functions should be apparent.
You’ll be able to utilize the features more effectively, depending on your skill level. Among other things, you’ll be able to use multiple visual indicators and stop loss and take win limits. That way, you can manage numerous positions while lessening the mental strain of doing so.
Conclusion
There’s no doubt in our minds that Fintsunami is a top-quality brokerage and that it deserves the excitement around it. It has powerful conditions all around and is effortful towards making sure its users feel good. The entire structure is streamlined, accessible, and easy to use.
From that, it’s apparent that the brokerage is in good hands. The people running it know what traders want and are intent on crafting the service around it. Because of that, Fintsunami is one of the top brokerages to look out for on the market currently.
To end our Fintsunami review, we’d like to suggest going and trying it for yourself.
FAQ
- Is Fintsunami in the USA?
Yes, Fintsunami’s head offices are located in the USA.
- Is Fintsunami a regulated broker?
Fintsunami operates from New York and follows all local legislation and requirements.
- Is my money safe with Fintsunami?
Yes, Fintsunami is a trusted and secure brokerage.
- What does Fintsunami mean?
While Fintsunami isn’t a word, we can safely assume it’s a portmanteau of the words financial and tsunami.
- Where is Fintsunami available?
Fintsunami’s primary focus is on European traders, but it’s available in most countries.
- How does Fintsunami make money?
Like most CFD brokers, it earns money through the difference in spreads.
- What platform does Fintsunami use?
Fintsunami uses a proprietary web platform you can access via browsers.
- Can you trade stocks on Fintsunami?
Yes, the broker’s selection includes stocks.
- How can I open a Fintsunami account?
You can press the registration button and follow the steps that come up.
- How do I transfer money to Fintsunami?
Fintsunami has numerous deposit methods, including wire transfers and cards.
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Smooth withdrawals
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Good brokers, they are skilled and good in what they do. Highly recommended.
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One of the best
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