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Saint Vincent and the Grenadines|2-5 years|
White label MT4|Regional Brokers|High potential risk|


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MT4/5 Identification

MT4/5 Identification

White Label

Server Name
FinapTrade-Demo MT4
Server Location Germany


44 (0) 203 468 5639


No valid regulatory information, please be aware of the risk!

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Previous Detection : 2024-07-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Finap-Trade · Company Summary

Aspect Information
Company Name Finap Trade
Registered Country/Area Saint Vincent and the Grenadines
Founded Year 2020
Regulation Unregulated
Minimum Deposit $100
Maximum Leverage up to 1:500
Spreads 2pips
Trading Platforms MT4
Tradable Assets Crypto, Forex, commodities
Account Types Personal account
Demo Account Available
Customer Support Phone: +44 (0) 203 468 5639, email
Deposit & Withdrawal Credit/debit card,bank transfer

Overview of Finap Trade

Finap Trade, established in 2020, is a trading company based in Saint Vincent and the Grenadines. Although it remains unregulated, the firm offers trading services on the MT4 platform across a variety of assets, including cryptocurrencies, forex, and commodities.

Clients can start trading with a minimum deposit of $100 and can utilize a leverage of up to 1:500. The company offers a spread of 2 and provides both personal accounts and demo accounts for potential traders. For convenience, deposits and withdrawals can be made via credit/debit cards and bank transfers. For customer inquiries, Finap Trade extends support through phone and email channels.

Overview of Finap Trade

Is Finap Trade Legit or a Scam?

Finap Trade is unregulated, meaning it does not operate under the oversight of any financial regulatory authority. This could imply that while the platform allows for the trading of various assets, including cryptocurrencies, forex, and commodities, it may not adhere to any jurisdiction's particular legal or ethical guidelines pertaining to trading platforms.

Potential traders might proceed with caution and ensure to conduct comprehensive research or consult a financial advisor before engaging with unregulated platforms to mitigate risks associated with lack of oversight, such as potential challenges in resolving disputes, lack of compensation schemes in case of the platforms insolvency, and potential susceptibility to fraudulent activities.

Pros and Cons


  1. Diverse Tradable Assets: Finap Trade offers a variety of tradable assets, such as cryptocurrencies, forex, and commodities, allowing traders to diversify their investment portfolio.

  2. Accessible Minimum Deposit: With a minimum deposit of $100, the platform could be accessible to a wide range of investors, including those who prefer to start with a smaller investment.

  3. High Leverage: Offering up to 1:500 leverage, the platform enables traders to amplify their trading positions and potentially enhance profits.

  4. Demo Account Availability: The availability of a demo account allows new and prospective traders to practice their strategies and explore the platform without risking real money.

  5. Various Trading Platforms: The use of MT4 as a trading platform might be seen as a pro due to its widespread use, familiarity, and robust features among traders.


  1. Unregulated: Lack of regulation can pose serious risks to traders, as there is no oversight from regulatory bodies to ensure that the platform adheres to standardized ethical practices and legal guidelines.

  2. Limited Information: Based on the provided data, there seems to be limited information about the account types and other services offered, which may hinder comprehensive understanding and assessment for potential traders.

  3. Potential for High Risk: The offering of high leverage, while potentially profitable, also carries significant risks, as it can magnify losses as well as gains.

  4. Customer Support Channels: Although customer support is available via phone and email, live chat functionality (not mentioned) might be missed by traders looking for real-time assistance.

  5. Geographic Limitations: The registered location in Saint Vincent and the Grenadines might pose limitations or concerns regarding international trading laws, and might not be accessible or suitable for traders in certain jurisdictions.

Pros Cons
Diverse Tradable Assets Unregulated
Accessible Minimum Deposit Limited Information
High Leverage Potential for High Risk
Demo Account Availability Customer Support Channels
Various Trading Platforms Geographic Limitations

Market Instruments

Finap Trade provides a palette of market instruments, enabling traders to partake in a multifaceted trading environment across various asset classes. Heres a closer look at the available market instruments:

  1. Forex (Foreign Exchange):

    1. Currencies: Traders have the opportunity to delve into the forex market, engaging in trading activities across major, minor, and possibly exotic currency pairs, thereby capitalizing on the fluctuations within the global currency markets.

  2. Cryptocurrencies:

    1. Digital Assets: The platform allows trading in the ever-dynamic cryptocurrency market, offering access to popular digital currencies like Bitcoin and potentially other altcoins, ensuring traders can harness the potential of the digital currency space.

  3. Commodities:

    1. Diverse Resources: Finap Trade facilitates investments in commodities, which could encompass a blend of hard commodities like metals and energy, and possibly soft commodities such as agricultural products, providing a pathway to diversification in the trading portfolio.

Finap Trade thus provides traders with a medium to explore and invest across different financial markets, ensuring opportunities for diverse trading strategies. However, a crucial note is that trading in these markets comes with inherent risks, and the high leverage offering of up to 1:500 by Finap Trade amplifies both potential gains and potential losses.

Market Instruments

Account Types

Finap Trade offers a “Personal account” type for its users, although further details about the specifications and features of this account type were not supplied. Typically, a personal account on trading platforms is designed to cater to individual retail traders, providing them access to various trading instruments and markets such as Forex, commodities, and cryptocurrencies through a user-friendly interface.

This type of account may offer various features like access to a trading platform (MT4), customer support, and possibly educational resources. Its pivotal to note that thorough scrutiny is indispensable, particularly in understanding the fee structure, trading conditions, and any additional features or restrictions that might be associated with a personal account on Finap Trade, especially given its unregulated status, to ensure a well-informed and secure trading experience.

How to Open an Account?

Opening an account on a trading platform like Finap Trade typically involves several standard steps. Heres a step-by-step guide:

  1. Visit the Website:Navigate to the official website of Finap Trade and locate the “Open an Account” or “Sign Up” option, which is often prominently displayed on the homepage.

  2. Complete the Registration Form:Fill out the registration form with the necessary personal details, which may include your name, email address, contact number, and sometimes, additional personal information to create your trading account. Ensure all the details are accurate to avoid issues during the verification process.

  3. Verification Process:Submit identification documents to verify your identity and possibly your residence, adhering to any Know Your Customer (KYC) procedures that the platform might have. This could involve providing a copy of your government-issued ID, a utility bill, or another document to confirm your residence.

  4. Make a Deposit: Once your account is verified, log in to your trading account and proceed to the deposit section. Choose your preferred deposit method, such as credit/debit card or bank transfer, and deposit the minimum required amount ($100 as per the information provided) or more.

  5. Start Trading:After your deposit has been processed, navigate to the trading platform (MT4), choose the financial instruments youd like to trade, set your trade parameters, and initiate your first trade.


Finap Trade offers a notably high maximum leverage of up to 1:500, according to the provided information. Leverage in trading refers to the ability to control large positions with a relatively small amount of capital. A leverage ratio of 1:500 indicates that for every $1 deposited, a trader can take a position that is 500 times larger.

For instance, with a $100 deposit, a trader could theoretically control a position size of $50,000. While high leverage can magnify profits, it equally amplifies losses and therefore entails a significant level of risk, especially in volatile markets. Traders should have a thorough understanding of how leverage works and employ sound risk management strategies to mitigate potential losses.


Spreads & Commissions

The platform specifies a spread of 2 pips for Finap Trade, though it doesn't detail whether this is applicable to all trading instruments or a particular asset class. Spreads are the difference between the bid and ask price of a trading instrument and are essentially a cost that traders incur during trading.

A spread of 2 could mean that there is a two-pip difference between the bid and ask price, which is relatively common in forex trading, though the applicability to other instruments remains unspecified here. However, detailed specifics about the structure of spreads for various trading instruments or potential commission fees are not provided.

Typically, trading platforms might have variable spreads depending on the market conditions and different account types, or may charge a commission per trade, which could be a flat fee or a percentage of the trade volume. Its essential for traders to fully understand the cost structure, including spreads and any potential commissions, of a platform like Finap Trade to calculate accurate trading costs and manage their trading strategy effectively.

Trading Platform

Finap Trade leverages MetaTrader 4 (MT4) as its trading platform, which is renowned for its reliability, user-friendly interface, and a suite of features conducive for both novice and seasoned traders. MT4 provides a multifaceted trading environment with a plethora of tools and capabilities to optimize trading activities across varied market instruments.

Notably, traders on Finap Trade's MT4 platform have access to advanced charting tools, a wide array of technical indicators, and automated trading capabilities through Expert Advisors (EAs). The platform supports various order types, including market, limit, stop, and trailing stop orders, enabling traders to implement diverse trading strategies effectively.

Furthermore, MT4 offers a secure trading experience with encrypted data transmission and a highly customizable environment where traders can modify layouts and settings to suit their trading style. Engage with the multi-dimensional functionalities of MT4 and step into Finap Trades trading ecosystem, navigating through various tradable assets and potential market opportunities.

Trading Platform

Deposit & Withdrawal

Finap Trade endeavors to provide its clients with a streamlined and straightforward process for managing their funds by offering several options for deposits and withdrawals. Specifically, clients can make use of credit/debit card options and bank transfers to facilitate their financial transactions with the platform.

With a relatively accessible minimum deposit amount set at $100, Finap Trade offers an entry point that may be attractive to a wide range of traders, from beginners to more seasoned individuals. Prospective and current users are encouraged to delve into the platforms specific policy details, either through the Finap Trade website or by contacting customer support, to gain a thorough understanding of pertinent transaction methods, any applicable fees, and potential processing times.

Furthermore, given the platform's unregulated status, a diligent and cautious approach towards all financial transactions is imperative to safeguard one's investment and trading activities.

Customer Support

Finap Trade Ltd.establishes a customer support framework that provides a couple of channels for potential and existing clients to reach out for assistance or inquiries. Notably, individuals can communicate with their support team through email, utilizing the, for a range of queries, be it related to account management, trading operations, or technical issues.

Alternatively, for those seeking more direct or immediate assistance, the company provides a phone support line, accessible at +44 (0) 203 468 5639, which may serve to facilitate real-time dialogues and prompt resolution of matters.

Prospective clients are encouraged to utilize available channels prudently and exercise due diligence, particularly in light of the platforms unregulated status, to ensure a secure and informed trading experience. The company's website, available at, may provide additional insights and resources.


Finap Trade, established in 2020 and registered in Saint Vincent and the Grenadines, stands out as a trading platform offering a variety of market instruments across diverse asset classes, such as Forex, cryptocurrencies, and commodities.

Employing the reputable MT4 trading platform, it provides users with a reliable and user-friendly trading environment, augmented by a maximum leverage of up to 1:500 and a minimum deposit requirement of $100. However, its status as an unregulated entity necessitates a cautious approach from prospective traders, underscoring the imperative of stringent due diligence and a comprehensive understanding of associated trading risks.

While it proffers an email and phone line for customer support, the lack of a physical address and presence on social media platforms somewhat restricts its accessibility and community engagement. Consequently, potential users and traders should tread cautiously, ensuring that they scrutinize all available information and understand the inherent risks involved in engaging with an unregulated trading platform like Finap Trade.


Q: Is Finap Trade regulated?

A: No, Finap Trade operates without regulatory oversight, which highlights the importance of conducting thorough due diligence and approaching investment activities with caution when utilizing the platform.

Q: What is the minimum deposit required to start trading with Finap Trade?

A: The minimum deposit to commence trading on Finap Trade is set at $100, making it reasonably accessible to various types of traders.

Q: What trading platform does Finap Trade utilize, and what assets can be traded?

A: Finap Trade employs MetaTrader 4 (MT4) as its trading platform, offering a range of tradable assets such as cryptocurrencies, Forex pairs, and commodities to its users.

Q: How can I contact customer support of Finap Trade?

A: Customer support at Finap Trade can be accessed via email atsupport@finap-trade.comor through the provided phone number +44 (0) 203 468 5639 for assistance with various inquiries or issues.

Q: What leverage does Finap Trade offer?

A: The platform provides a notably high maximum leverage of up to 1:500, allowing traders to control positions that are 500 times larger than their invested capital.

Broker Information

Company Name

Finap-Trade Ltd.



Regulatory Status

No Regulation

Platform registered country and region

Saint Vincent and the Grenadines

Company website
Phone of the company
  • 44 (0) 203 468 5639









Company address










Customer Service Email Address

Company Summary

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