Finexo Review, Overall Rating: A
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Review Summary:

Finexo is located in Dusseldorf, Germany, and is regulated under BAFIN in the European Union. They are a well established Forex Broker, having been online since 2003. Their trading platform is a White Label provided by Saxo Bank in Denmark, which is a well-reknowned European Investment Bank.

Trading with Finexo is available "anytime, anywhere" as, in addition to their online system, they offer a Mobile Trading platform that interfaces with your mobile phone to allow you to both montior current positions, as well as open and close positions as needed.

Clients of Finexo can easily and conveniently deposit funds in their trading accounts using a variety of options, including credit card, PayPal, Moneybookers, Neteller, ClickandBuy, Liberty Reserve, and Bank Transfer. A live account requires a minimum deposit of only $25 to get started, making Finexo a good choice for beginning forex traders. Withdrawals are paid via the same method by which funds were deposited, and require completion of a withdrawal form, proof of ID, and proof of address prior to being processed.

Larger accounts ($50,000 and above) receive a more personalized service, which features improved spreads and a personal dealer.

Urgent technical issues can be addressed via Finexo's 24-hour live chat customer support system, as well as by phone and e-mail.

Finexo offers several features that are especially useful for beginning traders that might be just getting started with the forex market, including daily FX analysis, a pivot calculator to help identify support and resistance levels, a forex glossary, an events calendar to remind you of when important events are due to occur that affect forex rates (such as FOMC meetings, release of non-farm payroll data, release of unemployment data, etc.), as well as advanced forex trading information, graphs, and charts.

Click here to open a trading account at Finexo.