Fin Trend

According to WikiFX data, Fin Trend holds a score of 1.97 out of 10, reflecting a lack of valid regulatory oversight. The broker is not regulated by any major financial authority, meaning traders have no access to a financial ombudsman or compensation scheme. This absence of a recognized regulatory framework warrants a high-risk assessment.

No, Fin Trend is not regulated. WikiFX assessment indicates that the broker holds no valid mainstream forex trading licenses. Its regulatory index is low, and the license list shows no active entries from respected authorities such as the FCA, ASIC, or CySEC.

Fin Trend offers a Standard account with a minimum deposit of $50, and a Pro account requiring a minimum deposit of $20,000.

WikiFX data does not specify whether Fin Trend supports MetaTrader 4 or MetaTrader 5. The broker’s platform details are not publicly disclosed, so traders should verify directly with the broker before engaging.

Pro: Low entry barrier with a Standard account minimum deposit of just $50. Cons: 1) The broker operates without any credible regulatory oversight, leaving traders unprotected. 2) User exposure reports highlight difficulties in withdrawing funds and unresponsive customer support. 3) High leverage of up to 500:1 can amplify both gains and losses, increasing risk for inexperienced traders.

Yes, WikiFX has recorded a public exposure report from a user who reported issues with withdrawal requests and unresponsive support after depositing funds. This indicates that some traders have faced difficulties, which is a point of concern given the broker’s unregulated status.

Fin Trend LLC is registered in the United Kingdom, but it does not hold a license from the Financial Conduct Authority (FCA). As such, it is not authorized to offer regulated financial services to UK residents. Traders in the UK should be aware that dealing with an unregulated entity carries significant risks, including a lack of investor protection.

Fin Trend supports multiple deposit methods including VISA, Mastercard, bank transfer, and several e-wallets (e.g., PayTrust, PaymentAsia, help2pay). Most deposits are processed instantly with fees covered by the broker, though bank transfers take 2–5 days. Withdrawals for most methods are processed within 24 hours, with bank transfers again taking 2–5 days. Minimum deposit amounts vary by method, starting from $5.

Fin Trend offers two account types: the Standard account, which requires a $50 minimum deposit and offers leverage up to 500:1, and the Pro account, which requires a $20,000 minimum deposit and provides a spread that is 0.5 pips better than the Standard account. Both accounts support scalping, Expert Advisors (EAs), and allow locked positions. The Pro account is designed for more active traders seeking tighter spreads.

User reviews on WikiFX are limited, but one exposure report details a negative experience involving a deposit of €250 followed by a request for additional funds, after which the user was unable to obtain a refund or further communication. This single report, combined with the broker’s low WikiFX score of 1.97, suggests that traders should exercise caution and conduct thorough due diligence.

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