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/10

Finecsa

Spain Spain | 1-2 years |
Questionable Regulatory License | Self-developed | Suspicious Operational Region | High Potential Risk

https://www.finecsa.com

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

Brazil Brazil 2.61
Surpassed 13.30% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+56 232103517
https://www.finecsa.com
10 Manoel ST,Castries,Saint Lucia

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Spain
Operating Period
1-2 years
Company Name
Nomura Capital LTD
Email
soporte@finecsa.com
Contact Number
+56232103517
Account Info
Business Region
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • finecsa.com
    191.233.18.175
    Server Location
    Brazil Brazil
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

FinecsaReview Summary
Founded2019
Registered Country/RegionSaint Lucia
RegulationNo regulation
Market InstrumentsCryptocurrencies, forex, CFDs, stocks, indexes, commodities
Demo Account
LeverageUp to 1:600
SpreadVariable
Trading PlatformWeb trader, mobile APP
Minimum Deposit$500
Customer SupportContact form
Tel: +56232103517 (Chile); +525541663011 (Mexico City); +5078365562 (Panama City); +552135000556 (Brazil); +5117070409 (Peru); +50321131969 (El Salvador); +50223028469 (Guatemala City); +576015084298 (Colombia)
Email: soporte@finecsa.com
Address: Avenida Diagonal 511-521, Barcelona, 08014, Spain

Finecsa was registered in 2019 in Saint Lucia, specializing in cryptocurrencies, forex, CFDs, stocks, indexes, and commodities. It provides three types of accounts, with a minimum deposit of $500 and a maximum leverage of 1:600. However, it uses its own trading platforms and it is not regulated, which means potential risks still exist.

Finecsa's homepage

Pros and Cons

Pros Cons
Diverse tradable assetsLack of regulation
Popular payment optionsNo demo accounts
Multiple channels for customer supportNo MT4 or MT5
No copy trading
High minimum deposit

Is Finecsa Legit?

No, Finecsa is not regulated by financial regulatory authorities in Saint Lucia, which means the company lacks regulation from its registration site. Please note the potential risks!

No license
Domain information

What Can I Trade on Finecsa?

Finecsa provides several types of assets, including cryptocurrencies, forex, CFDs, stocks, indexes, and commodities.

Tradable Instruments Supported
Forex
CFDs
Commodities
Indexes
Stocks
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on Finecsa?

Account Type

Finecsa offers three types of accounts: Basic, Standard, and Premium Account. However, it does not mention whether a demo account is available or not. Besides, the spread and commission fees are not clear.

Account TypeDeposit CurrencyMinimum DepositMaximum Leverage
Basic AccountUSD, EUR, GBP$5001:200
Standard AccountUSD, EUR, GBP$5,0001:400
Premium AccountUSD, EUR, GBP$10,0001:600
Account comparison

Leverage

The leverage can be up to 1:600, which is not low. Traders need to consider carefully before investing, because high leverage is likely to bring high potential risks

Trading Platform

Finecsa uses its own trading platforms which are available on PC, web, and mobile devices. It does not support the commonly used platforms like MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
Web TraderPC, web/
Mobile APPMobile/
MT4/Beginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

Finecsa supports different types of payment options: VISA, Maestro, MasterCard, Skrill, SWIFT, Neteller, and citibank. Besides, accepted currencies are USD, EUR, GBP. However, other details such as the processing time and commission fees are not clear.

Payment methods

Company Profile

  • 1-2 years
  • Questionable Regulatory License
  • Self-developed
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is Finecsa a reliable or highly suspicious trading platform?

Finecsa, operating under the corporate name Nomura Capital LTD, presents a high-risk profile characterized by a business scope labeled as 'Suspicious' and a complete lack of mainstream financial regulation from recognized authorities such as the FCA, ASIC, or CySEC. With an overall risk score of just 1.32, prospective traders should exercise maximum due diligence, as no investor protection mechanisms are in place.

04-02
United States

What regulatory licenses does Finecsa hold?

Finecsa does not hold any verified, mainstream regulatory licenses for forex or securities trading. The broker operates without oversight from major financial authorities, a key consideration for traders seeking platforms with established regulatory safeguards.

04-02
United States

What is the full company name of Finecsa?

The broker operates under the full corporate name Nomura Capital LTD and is registered in Spain, with a recorded operational history of 1-2 years.

04-02
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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