Finaguide

Finaguide presents a significant safety concern. According to WikiFX data, the broker holds no valid financial regulatory licenses from recognized authorities, classifying it as an unregulated offshore entity. The WikiFX SkyEye score of 1.47 reflects severe deficiencies across multiple assessment dimensions, including a regulatory index of zero. The broker's business scope is flagged as 'Suspicious Scope of Business.' This lack of oversight means client funds and activities are not protected by standard industry safeguards, placing the broker in a high-risk category for traders.

No, Finaguide is not regulated. The broker's regulatory status is explicitly listed as 'No Regulation,' and it holds zero licenses from any recognized financial authority such as the FCA, ASIC, or CySEC. Operating as an offshore entity from Hong Kong without oversight, it lacks the legal framework that mandates client fund segregation, transparent operations, and dispute resolution mechanisms typically provided by regulated brokers.

Finaguide offers tiered accounts with varying minimum deposit requirements. The Beginner account requires a minimum deposit of $2,500. Standard, Intermediate, Advanced, Integral, and VIP accounts require minimum deposits of $5,000, $25,000, $50,000, $100,000, and $250,000, respectively. The entry-level deposit is significantly higher than many industry standards, which often start below $100.

Information regarding the specific trading platforms (like MetaTrader 4 or MetaTrader 5) supported by Finaguide is not currently detailed in the available broker profile. Traders are advised to consult the broker's official website or contact their customer service directly for the most accurate and up-to-date information on platform availability and specifications.