Finteria Binary Broker Review 2024

Finteria, established in 2020, is a not-regulated broker specializing in Options trading. The company claims that you can earn up to 90% profit in just 30 seconds.

Forex and Crypto are the available markets on Finteria binary broker. We’ll explore the firm’s legitimacy, trading accounts, KYC process, promotions, customer support, and many more in this Finteria review.

Finteria; Who Is Behind the Binary Options Broker?

The company has burst onto the scene as a binary options trading arena since 2020. The firm operates under the legal name “Finteria Markets LLC” registered in Saint Vincent and the Grenadines.

The broker is not licensed by any major regulatory bodies and is prohibited from operating in USA, UK, and EEA, where options trading is illegal. What you need to know about Finteria:

• Guaranteed withdrawal processing within a swift 1-hour timeframe;
• Guided trading assistance for novice and seasoned traders alike;
• A pledge of 100% secured trading with robust data protection measures;
• Over 100 trading assets;
• 24/7 support;
• Up to 90% earning in 30 sec.

However, it's crucial to approach these claims with a discerning eye. The binary options industry has been plagued by controversy, with regulatory bodies worldwide issuing warnings about the high risks and potential for fraud.

Specific Features of Finteria

The binary options platform stands out with its straightforward approach to trading, coupled with some intriguing features that cater to both novice and experienced traders. Finteria’s key features:

Trading Account Offerings

Now, it’s time to explore account types in this Finteria review. The broker takes a streamlined approach to trading accounts, focusing on accessibility and simplicity for traders of all levels. Finteria’s account types:

• Demo: A free test account with a $10,000 balance;
• Live: Created by a minimum deposit of $100 with leverage options up to 1:500.

While the account structure is designed to cater to beginners and experienced traders, the lack of tiered account levels suggests a more egalitarian approach, where all traders have access to the same tools and features regardless of their deposit size.

Registration and Verification on Finteria Binary Options

Embarking on your trading journey with the broker is designed to be a straightforward process. Finteria registration process:

1. Navigate to Finteria.com;
2. Click on “Sign up”;
3. Provide your email address and set a strong password.

To unlock withdrawal options, you need to verify your identity through the “Profile” menu in the broker’s dashboard. Required documents for Finteria KYC:

• Proof of identity: Provide a valid passport or card ID;
• Selfie: Take a selfie while holding the ID next to your face.

Finteria Promotional Programs

The broker entices traders with a suite of promotional offerings designed to boost trading capital and reward loyalty. Finteria’s key promotional programs:

• Deposit Bonuses: Welcome reward for new traders on their first deposit;
• Loyalty Rewards: Points system for active traders and redeemable for trading credits or cash;
• Referral Program: Earn up to $400 CPA or 50% revenue share for inviting new traders through a multi-tier structure;
• Trading Contest: Weekly prize of $20,000 for the most active traders.

Fee Structure on Finteria Binary Broker

Understanding the fee structure is crucial for any trader looking to maximize their profits. So, we need to discuss it in this Finteria review. The broker adopts a competitive pricing model with commission-free trades. Finteria fee structure:

It's worth noting that while Finteria advertises zero commissions, the costs of trading are often built into the spread or other fees. Traders should carefully monitor their total trading costs, including hidden fees that may not be immediately apparent.

Introduction to Finteria’s Client Area

The broker’s client area serves as the command center for traders, offering a suite of tools and features designed to enhance the trading experience. Finteria dashboard’s key sections:

• Profile: Access account’s settings and KYC form;
• Finance: Top up your live account or withdraw profits;
• Trade: Trade room with access to Forex and Crypto markets, charting tools, and trade history;
• Copy Trading: A robust panel to monitor the best traders with the highest profits and copy their actions;
• Trading Contest: Participate in the weekly tournament and compete for the prize;
• Help Center: Access the broker’s help center, which contains the most frequently asked questions and their answers.

What Indicators Does Finteria Provide?

The broker equips traders with a diverse array of indicators to enhance their trading strategies and decision-making processes. Some of Finteria’s Indicator offerings:

• Zig Zag;
• Williams %R;
• Volatility O-H-L-C;
• TRIX;
• Triple EMA;
• Spread;
• Stochastic RSI;
• Connors RSI;
• Chop Zone;
• Ratio;
• Moving Average.

Available Payment Methods on Finteria

The broker provides a variety of payment options to cater to the diverse needs of its global user base. Finteria’s deposit and withdrawal options:

Note that Credit/Debit card deposits are made indirectly. You will purchase USDT through a 3^rd party provider named Paybis and deposit the purchased crypto.

Copy Trading and Social Trading on Finteria

The broker has embraced the growing trend of copy trading and social trading, offering these features as powerful tools for both novice and experienced traders. Key features of Finteria Copy Trading:

• Performance-based fees for providers;
• A diverse range of tradable assets available for copying;
• Transparent track records of provider traders;
• Educational resources for copy trading strategies.

The broker also offers social trading, where you can engage with other traders and monitor top earners. Select your desired strategy and start earning. Key features of Finteria Social Trading:

• Follow top traders and view their strategies;
• Engage in community discussions and share insights;
• Access performance analytics of followed traders;
• Learn from experienced traders' decision-making processes.

Finteria Broker Trust Scores

Trust is paramount when it comes to choosing a binary options broker. Finteria doesn’t have an active profile on most reputable review websites. TrustPilot is the only source that we could find.

The firm’s reviews on TrustPilot showcases that the it is not very popular among traders. Finteria’s trust score is 2.6 out of 5. A total of 9 reviews has been made about the company and most of them claim that the broker manipulates the market conditions.

How to Reach Finteria Customer Support?

Effective customer support is crucial for any trading platform. However, the broker doesn’t pay any attention to this fact and provides a very poor and non-responsive support. Finteria support channels:

Writer's opinion and conclusion

Finteria offers 24/7 options trading, 1-hour withdrawals, and Copy trading service. However, note that the broker is not regulated and have a poor trust score of 2.6 on TrustPilot.

Finteria binary broker serves over 10,000 trades daily and charges no commissions for them. You can deposit and withdraw funds through three cryptocurrencies, including BTC, TRX, and USDT. Share your thoughts about the Finteria review in the comments.