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United Arab Emirates|1-2 years|
cTrader|Suspicious Scope of Business|High potential 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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FINSAI Trade · Company Summary

Note: The information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.

FINSAI Trade Review Summary
Registered Country/Region United Arab Emirates
Regulation Unregulated
Demo Account Available
Leverage 1:100 (Exploer Account)
EUR/ USD Spread 0.3 pips (Expoler Account)
Trading Platform The Finsai Trader platform
Minimum Deposit $50
Customer Support 24/7 Email, online messaging, Twitter, Facebook, Instagram, Telegram and Linkedin

What is FINSAI Trade?

FINSAI Trade, an innovative financial platform based in the United Arab Emirates, provides a diverse range of investment opportunities across forex, stocks, commodities, indices, and cryptocurrencies. FINSAI Trade fosters a community of digital investors, providing opportunities for knowledge sharing and collaboration among investors. However, FINSAI Trade operates in an unregulated environment.

FINSAI Trades homepage

In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.

Pros & Cons

Pros Cons
A range of trading instruments Not regulated
Demo accounts available
Acceptable minimum deposit
A range of payment options
Security measures

Pros of FINSAI Trade:

- Diverse Range of Trading Instruments: FINSAI Trade offers a wide range of investment opportunities across forex, stocks, commodities, indices, and cryptocurrencies. This allows investors to diversify their portfolios according to their preferences and risk tolerance.

- Demo Accounts Available: The availability of demo accounts allows users to practice trading strategies and familiarize themselves with the platform without risking real money. This is beneficial for both novice and experienced investors.

- Acceptable Minimum Deposit: FINSAI Trade offers minimum deposits of $50, making it accessible to a wide range of investors who may not want to commit large amounts of capital initially.

- A Range of Payment Options: The platform supports multiple payment options, which enhances convenience for users when depositing or withdrawing funds.

- Security Measures: FINSAI Trade emphasizes state-of-the-art security measures to safeguard client assets and personal information. They adhere to Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations, which helps protect against fraudulent activities.

Cons of FINSAI Trade:

- Not Regulated: FINSAI Trade operates in an unregulated environment, which means there is no governmental or financial oversight to ensure compliance with industry standards. This lack of regulation introduces inherent risks for investors.

Is FINSAI Trade Legit?

FINSAI Trade asserts the implementation of several protective measures, including Two-Factor Authentication (2FA), Secure Socket Layer (SSL) Encryption, Multi-Layered Firewall Protection, routine Security Assessments, compliance with Industry Regulations, and vigilant Monitoring of Account Activity.

Protection measures

However, despite these claimed safeguards, FINSAI Trade lacks valid regulation. This absence of oversight from government or financial authorities heightens the risk associated with investing through their platform. Without regulatory oversight, there's a potential for those operating the platform to abscond with invested funds without being held accountable for any illicit actions. This absence of accountability raises concerns about the security and reliability of the platform, as the operators could potentially vanish without warning, leaving investors vulnerable to significant financial losses.

Market Instruments

FINSAI Trade offers a diverse range of trading instruments across various asset classes. With over 1000 instruments available, traders can access FOREX, COMMODITIES, INDICES, EQUITIES, and CRYPTO markets.

In the FOREX category, traders can choose from a wide selection of currency pairs, including Majors, Minors, and Exotics, totaling over 100 pairs. This extensive selection enables traders to trade the most liquid and widely traded currencies as well as explore opportunities in less commonly traded pairs.

For those interested in COMMODITIES, FINSAI Trade offers trading in Spot Metals & Energies, including Gold, Silver, and Crude Oil. These commodities are popular among traders seeking exposure to tangible assets and diversification from traditional financial markets.

Indices and ETFs are also available for trading, with a focus on top indices such as US 30 and UK 100, as well as ETFs like VOO S&P500. These instruments provide traders with opportunities to speculate on the performance of entire markets or sectors, offering diversification and exposure to broad market trends.

Furthermore, traders can access a wide range of EQUITIES from major regions such as the United States, European Union, and Asia. This allows traders to invest in individual stocks of companies across different industries and geographical regions, catering to various investment strategies and preferences.

Lastly, FINSAI Trade provides access to over 100 Crypto Pairs, including popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. This allows traders to participate in the rapidly growing and evolving cryptocurrency markets, diversifying their portfolios and taking advantage of price movements in digital assets.

Market Instruments

Account Types

FINSAI Trade offers four types of accounts: Explorer, Elite, Privilege, and Islamic accounts, each tailored to meet the varying needs of traders.

  • Explorer Account:

Minimum Deposit: $50

This account is suitable for beginners and traders with limited capital. It provides basic features and tools to start trading in the financial markets.

Explorer Account
  • Elite Account:

Minimum Deposit: $500

The Elite account is designed for more experienced traders who require advanced trading features and competitive pricing. It offers enhanced trading conditions and access to a wider range of financial instruments.

  • Privilege Account:

Minimum Deposit: $5000

The Privilege account is aimed at high-volume traders and institutional clients. It provides premium services, personalized support, and exclusive features to optimize trading performance.

  • Islamic Account:

Minimum Deposit: $50

The Islamic account adheres to Sharia principles, offering swap-free trading for clients who require an interest-free trading environment in accordance with Islamic beliefs.

Account Type Minimum Deposit
Explorer $50
Elite $500
Privilege $5000
Islamic $50

FINSAI Trade also provides demo accounts for traders who want to practice and familiarize themselves with the platform before trading with real funds. Demo accounts simulate real market conditions, allowing traders to execute trades using virtual funds.

How to Open an Account?

To open an account with FINSAI Trade, please follow these steps:

Step 1 Complete the online registration form
Step 2 Enter your personal information: first name, last name, birth date, country, state, postal/zip code, city, phone number, and email address
Step 3 Create a password with at least 6 characters, including at least 1 lowercase letter, 1 uppercase letter, and 1 non-letter character
Step 4 Confirm your password
Step 5 Agree to the Customer Agreement and Privacy Policy
Step 6 Submit your information to complete the account opening process
fill in required info


FINSAI Trade provides varying levels of leverage across its account types to accommodate different trading strategies and risk appetites. The Explorer account offers a maximum leverage of 1:100, allowing traders to amplify their trading capital by a factor of 100. The Elite account increases the leverage to 1:200, providing even greater potential for profit. For more seasoned traders, the Privilege account offers a maximum leverage of 1:500, offering the highest level of leverage among FINSAI Trade's accounts. Lastly, the Islamic account also provides a maximum leverage of 1:100, adhering to Sharia principles while still offering competitive leverage for traders who prefer swap-free trading.

While high leverage can magnify potential profits, it also amplifies the risks involved in trading. Traders should carefully assess their risk tolerance and consider the impact of leverage on their trading strategies. Risk management techniques, such as setting stop-loss orders and managing position sizes, are crucial for mitigating the potential downside of trading with leverage.

Account Type Maximum Leverage
Explorer 1:100
Elite 1:200
Privilege 1:500
Islamic 1:100

Spreads & Commissions

FINSAI Trade provides a range of spreads and commission structures across its different account types to cater to the diverse needs of traders. The Explorer account offers a spread starting from 0.3 pips with $0 commission per $100k traded, making it ideal for beginners and cost-conscious traders. In comparison, the Elite account features a tighter spread starting from 0.1 pips with $0 commission per $100k, appealing to more advanced traders who prioritize pricing efficiency.

For high-volume traders and institutional clients, the Privilege account offers raw spreads with commissions starting from $1.5 per $100k traded. While the raw spread model may result in potentially lower overall trading costs, traders benefit from transparency in pricing and direct market access. Additionally, the Islamic account mirrors the Explorer account's spread of 0.3 pips with $0 commission per $100k traded, ensuring Islamic traders have access to competitive pricing without interest-related charges.

Account Type Spread Commission per $100k
Explorer 0.3 pips $0
Elite 0.1 pips $0
Privilege Raw pips From $1.5
Islamic 0.3 pips $0

Trading Platform

FINSAI Trade offers its clients the Finsai Trader platform. The platform is accessible directly through the broker's website, eliminating the need for separate software installation. Traders can simply create a shortcut on their device's home screen for quick and easy access.

One of the key features of the Finsai Trader platform is its built-in security measures, ensuring that clients' accounts remain safe and protected even when accessed from different devices. Utilizing cutting-edge Progressive Web App (PWA) technology, Finsai Trader seamlessly adapts to any screen resolution, providing an intuitive and consistent user experience across devices. Whether on a desktop, laptop, tablet, or smartphone, traders can enjoy the convenience of effortless device swapping.

Finsai Trader platform

Deposits & Withdrawals

For deposits, traders can choose from various options, including local bank transfers, Visa & MasterCard, Help2Pay, Skrill, Neteller, and Crypto. The minimum deposit across all methods starts from $50, with maximum deposit limits varying depending on the chosen method, ranging from $10,000 to unlimited.

Method Max Deposit Deposit Fees Processing Time Accepted Currencies
Local Bank Transfer Up to $10,000 No fees One Working Day USD, EUR, GBP, AUD, CAD, ZAR
Visa & MasterCard $5,000 Instant EUR, USD, GBP, AUD, ZAR, CAD
Help2Pay Up to $10,000 USD, EUR, GBP, AUD, CAD, VND, IDR, THB, PHP, MYR
Skrill $50,000 or equivalent EUR, USD, GBP, AUD, ZAR, CAD
Neteller $50,000 or equivalent EUR, USD, GBP, AUD, ZAR, CAD
Crypto Unlimited BTC, USDT, ETH, USDC
Deposits & Withdrawals

Withdrawal methods include local bank transfers, Visa & MasterCard, Help2Pay, Skrill, Neteller, and Crypto. The minimum withdrawal amount is set at $50 across all methods, with no fees imposed on withdrawals, further enhancing the client-centric approach of FINSAI Trade. With a processing time of one working day, traders can seamlessly withdraw their funds, maintaining liquidity and facilitating timely access to their capital. Overall, the deposit and withdrawal system of FINSAI Trade prioritizes efficiency, transparency, and accessibility, empowering traders to manage their finances effectively and focus on their trading strategies with confidence.

Method Max Withdrawal Withdrawal Fees Processing Time Accepted Currencies
Local Bank Transfer Unlimited No fees 1 Working Day USD, EUR, GBP, AUD, ZAR, VND, IDR, THB, PHP
Visa & MasterCard $5,000 USD, EUR, GBP, AUD, CAD, VND, IDR, THB, PHP, MYR
Help2Pay Up to $10,000 EUR, USD, GBP, AUD, ZAR
Skrill $50,000 or equivalent EUR, USD, GBP, AUD, ZAR, CAD
Neteller $50,000 or equivalent EUR, USD, GBP, AUD, ZAR, CAD
Crypto Unlimited BTC, USDT, ETH, USDC
Deposits & Withdrawals

Customer Service

Customers can get in touch with customer service line using the information provided below:


Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, Instagram, Telegram and Linkedin.

Whats more, FINSAI Trade provides a Frequently Asked Questions (FAQ) section on their website to assist their clients with commonly asked questions and provide relevant information.

FAQ page

FINSAI Trade offers online messaging as part of their trading platform. This allows traders to communicate with customer support or other traders directly through the platform. Online messaging can be a convenient way to get real-time assistance or to engage in discussions with fellow traders.

Contact form


In conclusion, FINSAI Trade presents itself as an innovative financial platform offering a wide array of investment opportunities, coupled with user-friendly tools and expert guidance. While emphasizing transparency, security, and accessibility, it's essential to acknowledge the platform's lack of regulation, which introduces inherent risks for investors.

Frequently Asked Questions (FAQs)

Question 1: Is FINSAI Trade regulated by any financial authority?
Answer 1: No. It has been verified that this broker currently has no valid regulation.
Question 2: How can I contact the customer support team at FINSAI Trade?
Answer 2: You can contact via email:, online messaging, Twitter, Facebook, Instagram, Telegram and Linkedin.
Question 3: Does FINSAI Trade offer demo accounts?
Answer 3: Yes.
Question 4: What platform does FINSAI Trade offer?
Answer 4: It offers the Finsai Trader platform.
Question 5: What is the minimum deposit for FINSAI Trade?
Answer 5: The minimum initial deposit to open an account is $50.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

User Reviews

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more than one year
Every body I have dealt with a very helpfully great customer care and make my journey so easy thanks to William huang he's awesome to deal with.
2024-07-10 10:30
Derya Fnight
more than one year
Spreads were sometimes not stable, but I got their patient customer service. That is my trading memory.
2024-05-29 15:52


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