Finbok Broker Review 2025

Finbok broker offers 5 different account types, including the Intro Account starting at $250, the Silver at $25,000, the Gold at $100,000, the Platinum at $500,000, and the Black, which requires direct consultation.

The trading platform is web-based and integrates TradingView charts. Traders can benefit from 0% commission.

Deposit and withdrawal methods are fee-free, and withdrawals are processed within 3-4 working days. The broker also offers a 30% bonus on additional trading volume, with a volume requirement of (Deposit + Bonus) * 20,000.

Finbok Broker Company Information & Regulation Status

Founded in 2018, Finbok is a rising star in the forex and CFD trading market.

 Based in South Africa, the broker has rapidly gained recognition by providing a broad selection of trading instruments, such as forex, commodities, indices, stocks, and cryptocurrencies.

A notable aspect of Finbok broker is its regulation under the Financial Sector Conduct Authority (FSCA) of South Africa, ensuring a secure and trustworthy trading environment.

Finbok Broker Summary of Specifics

Let's break down Finbok's key specifics; Finbok Features:

Finbok Types of Accounts

The broker offers a tiered account structure with 5 different account types to choose from; Finbok accounts:

It's worth noting that demo accounts are available for all but the highest deposit accounts (Platinum and Black). This lets new traders get a feel for the platform before committing to real funds.

Finbok Broker Signing Up & Verification Process

Signing up with Finbok is a simple process; Finbok Registration and KYC:

1. Visit the website and click on the "Register" button;
2. Fill in the registration form with your details;
3. Login to your account;
4. From the menu, go to the Document Section;
5. Complete the KYC (Know Your Customer) process by submitting the necessary documents;
6. Once verified, fund your account and start trading.

The verification process typically involves submitting proof of identity (e.g., passport or driver's license) and proof of address (e.g., utility bill or bank statement).

This step is crucial for maintaining the platform's security and integrity.

Finbok’s Trading Platforms

Finbok broker has developed its proprietary trading platform, which is web-based and designed with simplicity in mind; Finbok platform features:

• Web-based: No need for downloads or installations;
• User-friendly interface: Ideal for beginners;
• Integrated TradingView charts: For technical analysis;
• Access to multiple asset classes: Forex, commodities, indices, stocks, and cryptocurrencies.

While the platform is easy to use, it's worth noting that it lacks some advanced features that experienced traders might expect.

Additionally, Finbok doesn't offer a mobile app or desktop version of its platform, which could be a drawback for traders who prefer these options.

Finbok Spreads and Commissions Structure

The broker offers a transparent spread and commission structure, ensuring that traders are well-informed about the costs involved.

By simply opening a chart—such as AUDCAD—and clicking on the “info” icon, traders can easily view key pricing details.

For instance, the spread for AUDCAD is 0.00063, with no additional commission applied. This clarity in pricing enables traders to make better decisions and manage their trades more effectively. Finbok Fees Example:

• Maintenance margin: 50%;
• Initial margin: 50%;
• Trade session: 0:00 - 0:00 UTC;
• Trade days:, Mon., Tue., Wed., Thu., Fri;
• Leverage: 1:200;
• Spread: 00063;
• Commission: 0%;
• Volume min: 100;
• Volume max: 100 billion
• Swap daily - Buy: -0.03511%;
• Swap daily - Sell: -0.03351%;
• 3-day swap: Wednesday;
• Contract Size: 100,000.

Finbok Broker Deposit & Withdrawal Methods

Finbok offers several options for depositing and withdrawing funds; Finbok Payment Methods:

The range of payment methods and the absence of fees are positive points. However, the processing times for deposits and withdrawals are somewhat longer than what you might find with other brokers.

Copy Trading & Investment Options Offered on Finbok Broker

Unlike some forex brokers, Finbok does not currently offer traditional copy trading or standard investment management services, which are often popular among traders looking to replicate the strategies of successful investors.

However, Finbok provides some accounts (Gold, Platinum, Black) that include Full-Time Manager-Access features.

This allows for more personalized account management, where a manager can make trades on behalf of the account holder, providing an alternative to fully automated systems like copy trading.

Finbok Forex Broker Bonuses and Promotions

The broker offers attractive bonuses and promotions; Finbok Bonus Offerings:

Finbok Broker Support Teams

Finbok provides customer support through multiple channels:

Here you can find more numbers to contact the broker:

• Switzerland: +41 4 470 718 01;
• United Arab Emirates: +971 4 560 4916.

While the broker is committed to providing good customer service, some users have reported slow response times during peak hours.

Finbok Broker Trust Scores & Reviews on Trustpilot

During our investigation into the rates and reviews for Finbok broker, we noticed a significant gap in available feedback on Trustpilot, a widely used platform for assessing the reliability and experiences of various services.

The absence of reviews or ratings on Trustpilot raises some questions about the broker's visibility and reputation among traders.

This lack of information could suggest several things: Finbok may have a limited presence in certain markets, or it might not have attracted enough user feedback to generate reviews on Trustpilot.

For potential clients, the absence of reviews on such a prominent platform may warrant further investigation and caution, as traders often rely on community insights to gauge the credibility and quality of a broker's services.

Conclusion and final words

Finbok offers client protections, such as segregated accounts and negative balance protection. Leverage options range from 1:100 for the Platinum Account to 1:200 for the Black Account.

The broker also features webinars tailored to each account type, with weekly webinars for Gold, Platinum, and Black accounts.

However, experienced traders may find the lack of advanced tools, such as MT4 or MT5, mobile applications, and a limited leverage range for most accounts, to be a disadvantage.

The broker's focus on South African clients and the restricted countries list (e.g., Russia, North Korea) may further limit its global reach.