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Fing Markets Review


Fing Markets is an FX and CFD broker that has been registered in St. Vincent & the Grenadines since their establishment in 2017. The broker focuses on trading currency pairs and CFDs on precious metals, energies, cryptocurrencies, and shares from three separate account types. If you’re in the market for a broker, this could be a beneficial choice. However, you will want to keep reading to find out specifics about fees, advantages, and the disadvantages to investing your hard-earned money with Fing Markets.

Account Types

Fing Markets offers three different account types that are targeted towards either beginners or more experienced traders. The specific account types are the Beginner account, the Fing Trader account, and the VIP account. All account types share the same minimum and maximum trade sizes, but deposit minimums, spreads, leverages, and commission fees differ. If you open a VIP account, you’ll also have access to VPS hosting and a free personal account manager. Below, you can view specifics for each account type.

Beginner Account

  • Minimum Deposit: $1,000
  • Spread: Floating from 3 pips
  • Maximum Leverage: Up to 1:500
  • Commissions: None

Fing Trader Account

  • Minimum Deposit: $5,000
  • Spread: Floating from 2 pips
  • Maximum Leverage: Up to 1:100
  • Commissions: None

VIP Account

  • Minimum Deposit: $30,000
  • Spread: Floating from 0.5 pips
  • Maximum Leverage: Up to 1:100
  • Commissions: $5 per lot

The deposit minimums are rather high with this broker, especially starting as high as $1,000. This may limit traders to one or two account choices only. The best spreads are reserved for the VIP account type, which is expected. Meanwhile, you’ll find that the Beginner and Fing Trader accounts are both commission free, while the VIP account does charge commission fees. Leverage options are highest on the Beginner account and drop to a much more average offer for the other account types.


Fing Markets exclusively offers MetaTrader 4, the most widely offered trading platform among Forex brokers. MT4 is the most popular program in the world for trading Forex, CFDs, analyzing financial markets and using expert advisors. The program is also known for offering a user-friendly interface and customization options. MT4 is widely accessible and available for download via PC, the App Store, and Google Play. We highly recommend downloading the mobile application, in addition to the PC version, if you primarily trade from a computer. Mac users, or anyone that doesn’t want to download the program can also access MT4 via the WebTrader, which is a browser-based version of the platform. In order to download, you can navigate to the ‘Trading’ section at the top of the website and select ‘MetaTrader 4’ from the drop-down list.


The highest leverage option of 500:1 is offered exclusively for the Beginner account. This option is higher than average, so Fing Markets is ahead of the competition there. Technically, one would only want to choose a leverage this high if one was more experienced, so it’s odd to see an option this high targeted at beginners. Still, it’s common to see the highest leverage options limited to more basic account types. If you decide to trade from the Fing Trader or VIP account, maximum leverage is limited at 1:100. In some ways, this is a good option, since most professional traders actually choose to trade with this exact leverage option. It’s also realistic, considering the larger deposit minimums for both account types. On the other hand, some may feel more restricted by the maximum leverages, especially those operating from the Fing Trader account type, since the deposit minimum is not extremely high. The maximum leverage options should satisfy the majority of traders, but those that prefer riskier trading may feel that they are missing out.

Trade Sizes

All accounts share the same minimum and maximum trade sizes, but margin call and stop loss levels do differ for each account type. The minimum lot size is 0.01 lots, while the maximum is average at 50 lots. The margin call level is 100% for both the Beginner and Fing Trader accounts. Margin call level on the VIP account is 150%. The stop loss level for the Beginner account is 40%, while the level for the Fing Trader account is actually higher at 80%.

Trading Costs

If you choose either of the account types with the lower minimum deposit requirements, you’ll actually benefit from lack of commission fees. However, you’ll be charged higher spreads to balance everything out. Otherwise, you can pay commission fees of $5 per lot and access spreads that start 1.5 pips lower than those on the Fing Trader account. A daily financing charge may apply to each Forex, CFD, and Spread Betting open position at closing time. The method of calculation for the swap fee varies according to the asset type. Therefore, you’ll be paying commissions from the VIP account but trading with higher spreads from the commission free accounts. All account holders will pay swap fees for positions held overnight.


Fing Markets offers a range of hundreds of FX currency pairs and CFDs on precious metals, energies, cryptocurrencies, and shares with no rejection of orders and re-quotes execution. You’ll find popular options like the EURUSD, USDJPY, and many more choices under the currency pair listings. Commodity options include a few essential options like oil. Shares are available for popular companies like Amazon and Apple, just to name a mere few. You’ll also find that your options are not limited based on chosen account type the way that many other brokers limit instrument offerings. However, you may also notice that cryptocurrencies are not available for trading, which takes a few points off the broker for this category. To view all of the available assets, you can click on the ‘Instruments’ category at the top of the website.


The best spreads are exclusively offered to those operating from the VIP account. It’s common for brokers to reserve the best spreads for accounts with higher deposit minimums, so no surprise there. If you do meet the deposit requirement for this account type, you’ll be trading with spreads that start from 0.5 pips. Meanwhile, spreads start at 2 pips on the Fing Trader account and 3 pips on the Beginner account. This is higher than average, especially to see spreads starting at 3 pips. However, the spreads for these account types are higher because there are no commission fees. Since the broker isn’t profiting from commissions, they ask for higher spreads to balance everything out, so that makes the spread choices more average once everything is balanced out.

Minimum Deposit

The minimum deposit is especially disappointing for the Beginner account, since one is expected to deposit at least $1,000 into that account type. Many beginners may be fearful of making such a large deposit starting out or may be trying to get on their feet. If you don’t have the funds, this will be the deal breaker. Fing Markets could improve by offering a minimum deposit aimed more towards $100, since this account type is targeted for beginners. Moving on, the minimum for the Fing Trader account is $5,000. The highest deposit requirement is $30,000 for the VIP account type. This option is reasonable for this type of account and you’ll often find higher deposit requirements for top tier accounts. Sometimes the requirements can go into the hundreds of thousands, so we felt that the requirement here was high but fair.

Deposit Methods & Costs

Fing Markets offers some popular funding methods, including Visa/MasterCard, Wire Transfer, Skrill, Neteller, 2Checkout, and Bitcoin. The company could offer a few more funding methods if they incorporated some of the lesser known e-wallets, but we felt that the inclusion of Visa/MasterCard and Bitcoin really made the available options worthwhile. Processing time takes thirty minutes or less for every method, but to be more specific, processing is instant for Visa/MasterCard and takes 15 minutes for Neteller, Skrill, and 2Checkout. It can take up to thirty minutes for wire transfer and Bitcoin to be processed. The thirty-minute processing time for wire transfer is definitely ahead of the competition.

Withdrawal Methods & Costs

All of the available withdrawal methods include Visa/MasterCard, Wire Transfer, Neteller, Skrill, BAOKIM.VN, and Bitcoin. You may notice that this is similar to the deposit options, except 2Checkout is traded out for BAOKIM.VN when it comes to withdrawing funds. The withdrawal fee for bank methods is 2%. There is a 2.5% withdrawal fee for Visa/MasterCard withdrawals + 5500 VND. It’s always nice when card withdrawals are free, so the withdrawal fee for this method is a little disappointing.

Withdrawal Processing & Wait Time

All withdrawals are available within one working day. For bank wire, this is an excellent time frame. On day is a quick processing time, but it would be nice to see faster times for Visa/MasterCard withdrawals. Still, you won’t have to plan your withdrawal very far in advance. We would definitely say that the processing times are an advantage, since some brokers can take up to a week to send funds. This is on the upper side of normal, but we’d say average processing times average around two or three days elsewhere and bank wire often takes longer.

Bonuses & Promotions

Currently, there are no ongoing bonus or promotional opportunities. In fact, this broker seems to focus solely on trading and doesn’t offer much of anything extra on their website. It’s always possible that some sort of opportunity could be made available in the future, so it’s important to check periodically. You may miss out since many other brokers offer welcome bonuses, but keep in mind that the requirements for many of these bonuses make it difficult or impossible to earn them. If you’re considering another broker with a bonus opportunity, be sure to check the terms and conditions to be sure you’ll be able to meet those requirements. Also, you will find that the company does mention bonuses in their contract, so it really is possible that these could be introduced in the future.

Educational & Trading Tools

You won’t find the wide range of educational opportunities offered by many Forex brokers on Fing Market’s website. Unfortunately, the website is barren of any type of education in general. This is discouraging, especially considering that the broker claims to focus on beginners and even offers an account type specifically for newer traders. If you do need educational information, you can always search on the web to find what you’re looking for, but the process will be more tedious than if the information was simply available via your broker. There are no tools offered directly on the website, but you will find several tools built-into the MT4 platform.

Demo Account

Unfortunately, demo accounts do not seem to be offered by this broker. Since the majority of Forex brokers do offer these types of accounts, Fing Markets is behind their competition here. We will mention that you can sign up for a demo account with MT4 if you’d like to practice, but it’s better when brokers offer these types of accounts directly. Doing so allows users to trade from accounts that mimic the real accounts that the actual broker offers. So, while you’ll be able to practice trading and navigating on MT4, you won’t be able to do so in a setting that reflects the spreads, commissions, and other specifics for this broker, which is very important if the point is trying to decide whether to open an account with them.

Customer Service

Support is available via LiveChat, phone, or email 24 hours a day Monday through Friday. We were impressed with customer service because we attempted contact late at night. At first, we were informed via LiveChat that support was offline, and we would receive an email with a response. The fact that the question asked on LiveChat was automatically sent via email really made the process more convenient. Within ten minutes, support was online and responded to out chat. We also received an email within fifteen minutes, so the company isn’t lying when they mention how quickly support responds to email. You’ll be able to fill out a contact form on the website as well if you’d like to send an email. Below, we’ve included all of the listed contact information. Note that LiveChat is available directly on the website.

Phone: +44 203 695 8789

Email: clientservices@fingmarkets.com

Countries Accepted

Fing Markets is very transparent about the fact that they accept U.S. clients, unlike many other brokers. Often the US and other certain countries are limited in broker choices due to stricter regulation laws. There do not appear to be any other restrictions as well. If you’re located in the United States, you’ll want to note that there will be no registration issues with this broker.


Fing Markets is an FX and CFD broker that offers trading on hundreds of instruments, including FX currency pairs and CFDs on precious metals, energies, cryptocurrencies, and shares from three different account types. The lowest deposit minimum to open an account is actually $1,000, which is a large amount to ask for the beginners that the most basic account type targets. Spreads are higher than average on the Beginner and Fing Trader account types, but this is done to balance out the lack of commission fee charges on either account type. Leverage options are above average for the Beginner account as well, but the options are much more average for the other two account types. Depositing is quick and available via a few of the most popular funding methods. While withdrawals are also quick, fees are charged for every method and are a bit higher than what we’d like to see.

We were disappointed by the lack of educational resources, demo accounts, and bonus opportunities available on the website as well. If you every find yourself in need of support, we can personally testify that this company offers very responsive and highly available support staff. Overall, this is a competitive broker offering a wide range of assets, advantageous funding methods, and high leverage or low spreads, depending on the chosen account type. However, Fing Markets seems to focus solely on trading from real accounts, so they are missing some of the extra feathers that others offer, like demo accounts.


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