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Fyntura Review: Forex Broker & Trading Markets | Legit or a Scam

Fyntura
Score

1.5/5

Min Deposit

$10

Min Spread

0.0 pips

Regulation

Not Regulated

Max Leverage

1:500

Positive Ratings
40%
Neutral Ratings
30%
Negative Ratings
20%

Company Summary

Aspect Information
Registered Country/Area Seychelles
Founded Year 2023
Company Name Fyntura
Regulation Not Regulated
Demo Account Available
Minimum Deposit $10
Maximum Leverage 1:500
Spreads Starting from 0.0 pips
Trading Platforms MetaTrader 4
Customer Support Email, Contact Form, Live Chat.

Introduction

Fyntura online trading platform is a recently designed trading broker. Fyntura offers traders multiple assets, account types, and deposit and withdrawal methods. The platform is created with a user-centric approach making trading efficient. Fyntura operates on the popular MT 4 platform that provides multiple features for a seamless trading experience.

Fyntura Overview

This Fyntura review will help you understand the legitimacy of the platform. It will also help you understand the features of the platform for a better experience.

Trading Instruments available at Fyntura

The platform allows traders to trade in different assets from the global market. These assets help traders diversify their portfolios. The different trading instruments are:

Forex

The platform offers fast executions and tight spreads for traders with over 70 FX currency pairs. The platform incurs no hidden charges and offers one of the most liquid markets.

Metal

Traders can also invest in popular commodities like gold, natural oils, and more. These are known to be the safest forms of investment for changing markets. Tradesr at Fyntura can easily trade in various CFD Metals and energy products.

Indices

At Fyntura, traders can invest in the global market of CFD indices. The platform offers fast executions and leverages up to 1:200 making trading an exceptional experience.

Cryptocurrencies

With their growing interest in crypto trading, Fyntura ensures trading in top digital currencies. Trading in crypto at Fyntura will help you learn and grow your portfolio with advanced tools.

Trading Instruments at Fyntura

Deposits and Withdrawals Options at Fyntura

Fyntura offers traders multiple deposit and withdrawal options. The platform allows traders to start with a minimum deposit of $10. The low prices make it comfortable for beginners and low-budget investors in their journey. The Fyntura trading platform does not charge any fees for the deposits. Traders can deposit their funds using the top cryptocurrencies making the process seamless.

The withdrawal process at Fyntura is a quick and effortless transaction. The platform offers withdrawal in less than 24 hours. The minimum withdrawal at Fyntura is $10 and there are no additional fees involved.

Account Types of Fyntura

There are three different types of accounts at Fyntura. These are designed to meet the needs of traders with different trading goals. The types of accounts are:

Zero Account

The zero account offers commission-free trading to the traders. The account needs a minimum of 10 US dollars for opening. The platform also offers 1:500 maximum leverage.

Pro Account

This account is perfect for trades with a medium level of experience. The account incurs a commission of $2 per $100k. The platform offers tight spreads starting from 0.0 pips and competitive prices.

Prime Account

These accounts are tailored for trades with high experience levels. Traders get a minimum commission of only $1 per $100k.  The account holders get access to advanced tools and features.

Account types of Fyntura

If you want to check out other forex brokers with more account options with their individual benefits, you can check out Capitalix, TradeEU.Global and SmartSTP.

Security and Regulations

Every trading platform requires security and top-tier regulations, but Fyntura lacks in this matter. The platform is not regulated by any financial authority. This makes it a risky option to trade in. The regulations ensure that the platform adheres to the industry standard of security.

Not only this, but the platform is also not authorized by any authority that keeps the personal and financial data of the users safe. This way, there are high chance of you losing your data and funds together.

Overall, the platform does not offer a secure trading environment that makes it risky for you to invest your funds.

Fees and Commissions

The Fyntura trading platform offers a simple fee structure. The platform generates the maximum revenue through spreads. The platform does not charge anything for the deposit and withdrawals.

The platform also does not charge any inactivity fees making it perfect for low-budget traders. However, the pro and prime accounts have a minimum commission starting at $1 per $100k.

Customer Support

At Fyntura, you can get responsive and reliable customer support for your queries. The platform offers multiple ways to connect like live chats, email (contactus@fyntura.com), and contact forms for specific complaints and troubles, you can email them at compliance@fyntura.com.

Customer support of Fyntura

Apart from the support team, the platform also has a FAQ segment. It answers the most common issues faced on the platform. This makes your trouble solving faster.

Conclusion

Fyntura is a non-regulated trading platform. It offers traders with various assets, tight spreads, and competitive pricing. The multiple account types and fast execution make trading a smooth experience for all.

However, the platform is neither regulated nor authorized by any top-tier financial authority. This regulatory status of the platform makes it a risky option for investors.

In conclusion, Fyntura is not a legitimate trading platform and investors must consider it before they invest.

  • User-Friendly Design
  • Multiple Account Types
  • Extensive Customer Support
  • Unregulated Platform
  • Limited Assets
  • Limited Trading Platforms
FAQs

FAQ

Is Fyntura regulated?

Fyntura is not regulated by any financial authority. The platform is not even authorized.

What is the minimum deposit required on Fyntura?

The minimum deposit at Fyntura starts from 10 USD.

Does Fyntura offer a demo account?

The platform does offer a demo account for traders to learn and practice.

What are the available trading instruments on Fyntura?

The platform offers multiple trading products from the global market. These are metals, crypto, indices, and forex.

What are the fees for transactions?

The platform has no additional fees involved.

What are the account types available on Fyntura?

The platform offers three types of accounts including Zero, Pro, and Prime.

How can I contact Fyntura customer support?

Fyntura offers 24/5 customer support via live chats, emails, and contact forms.

Is Fyntura available globally?

Yes, the broker is available to traders globally.

How long does it take to withdraw funds from Fyntura?

Withdrawal at Fyntura may take up to 5 business days or can be done instantly depending on the payment methods.

Is Fyntura suitable for beginners?

Yes, the user-friendly design and resources make it easier for beginners to trade in.

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4.3/5

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