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Fyntura Review Forex Broker & Trading Markets, Legit or a Scam

fyntura
Score

2.5/5

Min Deposit

Not Specified

Min Spread

Not Specified

Regulation

Not Regulated

Max Leverage

1:500

Calls, Email, and Feedback Form
Positive Ratings
40%
Neutral Ratings
20%
Negative Ratings
40%
AspectInformation
Registered Country/AreaSeychelles
Founded Year2023
Company NameFyntura
RegulationNot Regulated
Demo AccountAvailable
Minimum Deposit$10
Maximum Leverage1:500
SpreadsStarting from 0.0 pips
Trading PlatformsMetaTrader 4
Customer SupportEmail, Contact Form, Live Chat.

Introduction

Fyntura trading platform is a newly developed trading broker. It offers multiple assets, account types, and deposit and withdrawal methods. The platform is designed with a user-centric interface for efficient trading. Fyntura operates under the popular MT 4 platform that provides unique trading features.

Fyntura Review Forex Broker

This Fyntura review will discuss the key features of the platform. This will help identify the legitimacy of the platform.

Market Instruments

Fyntura Market Instruments

Fyntura broker allows traders to invest in assets from the global market. This helps traders build a better portfolio. The various trading instruments are:

Forex

The platform provides tight spreads and instant executions with over 70 FX currency pairs. The platform includes no hidden charges and offers a highly liquid market.

Metal

Traders can invest in popular resources like gold, natural oils, and more. It is the safest form of investment for varying markets. Traders at Fyntura can trade in CFD Metals and energy products.

Indices

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

Cryptocurrencies

With its growing crypto market, Fyntura allows trading in top digital currencies. Trading in crypto helps grow your portfolio with advanced tools.

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

Deposits and Withdrawals

Fyntura Deposits and Withdrawals

Fyntura offers multiple deposit and withdrawal opportunities. The platform has a minimum deposit of $10. The low deposits make it comfortable for low-budget and new investors. The Fyntura trading platform eliminates any additional fees for deposits. Traders can deposit their funds using cryptocurrencies making the process seamless.

The withdrawal process at Fyntura is a quick and effortless transaction. The platform offers instant withdrawals within 24 hours. The minimum withdrawal at the platform is $10 and no additional charges are involved.

Account Types

Fyntura Account Types

Fyntura offers three different types of accounts. These are created to meet varying trading needs and goals. The accounts are:

Zero Account

The zero account offers commission-free trading. The account has a minimum deposit of 10 US dollars. It provides leverage options of up to 1:500.

Pro Account

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

Prime Account

These accounts are curated for traders with high experience levels. Traders get charged a minimum commission of $1 per $100k.  The account holders can access advanced tools and features.

Security and Regulations

Every trading platform needs a secure and regulated environment, however, Fyntura lacks in this matter. It is a non-regulated trading platform that is a risky option to trade in. The regulations ensure that the platform maintains the industry standards of security.

Also, the platform is unauthorized and keeps the personal and financial data of the users at risk. This enhances the chances of traders losing their data and funds.

Overall, the platform does not offer a secure trading atmosphere that makes investments risky.

Fees and Commissions

The Fyntura trading platform offers transparency in the fee structure of the platform. The platform generates its maximum revenue through spreads. It does not charge additional deposit and withdrawal fees.

It also does not charge any inactivity fees making it ideal for low-budget traders. However, the pro and prime accounts have commissions starting at $1 per $100k.

Customer Support

Fyntura 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.

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 multiple features including assets, tight spreads, and competitive pricing. The various account types and instant execution make trading a smooth experience.

However, the platform is neither regulated nor authorized by any financial authority. This regulatory status makes it a risky option for investing your hard-earned money.

Overall, Fyntura is an untrustworthy trading platform, that has to be considered thoroughly.

FAQS

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.