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FinuTrade Review
As the internet became more available, many financial markets found ways to attract more funding and trading activity. Brokerage services have been popping up like crazy in the 2000s. However, it also created an environment where irresponsible companies could thrive. The financial crisis in 2008 and the following recession in the middle of the 2010s showed the ugly side of the industry. However, some brokers managed to come out with a clean track record.
FinuTrade is one of the companies with a good reputation and a huge number of loyal customers from across the globe. It is an international brand praised for its outstanding service and versatile products.
FinuTrade advantages and disadvantages
Many companies in the domain of financial markets have good products and a high level of service, but FinuTrade manages to stand out thanks to excelling in several aspects of service.
- State-of-the-art technology allows the web platform to offer an unmatched level of safety while focusing on a high-performance infrastructure with a trading terminal that never fails and lots of investment products available on a single platform.
- Great customer support will quickly respond to any inquiry. You can reach out to representatives of the company when you have questions about the web platform, the mobile app, investment strategies, and more. The support team is comprised of competent employees who are always happy to help!
- Favorable trading conditions. Enjoy low fees, flexible spreads, a large number of interesting investment products, and a multilayered leverage system allowing you to control risks and enter potentially profitable market positions with big leverage!
There is a big downside of the service that we have to point out. The company has a very good trading terminal that allows you to place orders in one click and track price dynamics efficiently, but the selection of analytical tools is somewhat limited. You won’t be able to quickly find a good strategy using the small number of available indicators.
The trading terminals of FinuTrade
While many novice traders will be inclined to use the native trading terminal developed by industry-leading professionals, the selection of tools here is not enough to build complex strategies. However, it is more than enough to make informed decisions with a mix of technical and fundamental analysis. If you want to focus on tight day trading techniques and scalping, use external platforms.
- MetaTrader4 is a legendary terminal used by industry professionals and the best-performing traders of all times! The flexibility of the terminal is outstanding. You can install add-ons, custom-made strategies, and multisignal indicators that can elevate your investment efforts to the next level.
- MetaTrader5 is a slightly less versatile but infinitely more convenient platform optimized for mobile devices. It is a great choice for people who do not have time to sit at their laptops 24/7. You can still perform an in-depth analysis of the market while using your phone.
- TradingView is the most popular trading platform for the last 5 years. It is a completely new tool that works in your browser and offers a rich selection of unique analytical tools. Often employed by professionals trading cryptocurrencies for its great selection of finely tuned instruments like HashRibbons, TradingView has other analytical instruments designed for very niche markets!
The mobile app
A survey conducted in 2019 revealed that over 92% of all US citizens use their smartphones at least once a day for tasks unrelated to communicating with others. These people use their mobile devices for online shopping, searching for information, or browsing social media. These customers will find the mobile app by FinuTrade very useful. The application allows users to manage their investments even when they are commuting or spending time away from their laptops!
The main takeaway
FinuTrade is a great choice for both individual traders and institutionalized fund managers. The rich selection of financial products provides flexibility to all users. It is a trustworthy brand established over decades of successful operations in the industry!
