Finam
Competitive forex and CFD trading for beginners and pros alike
Finam — 2010-founded CySEC/NFA-regulated broker offering MetaTrader 4.
Min Deposit
Raw Spread
Max Leverage
Instruments
Last updated June 30, 2026
BROKER & TRADING DETAILS
- Headquarters
- Seychelles
- Established
- 2010
- Min Deposit
- $100
- Execution
- ECN/STP
- Regulators
- CySEC, NFA
- Max Leverage
- Varies by jurisdiction and account type
- Total Instruments
- Varies by account type
- India Available
- No
- Retail Loss Rate
- Undisclosed
- Min Raw Spreads
- Undisclosed
- Min Std Spreads
- Undisclosed
- Min Commission
- Included in spread (standard account); commission on ECN/Raw accounts
- Islamic Account
- No
- Demo Account
- Yes
- Copy Trading
- No
Trading Specifications
- Multi-jurisdiction regulation by CySEC, NFA adds meaningful oversight and client-fund protection
- MetaTrader 4 platform with the broadest third-party EA and indicator ecosystem in the industry
- Accessible $100 minimum deposit lowers the barrier to entry for new traders
- Dedicated customer support with multi-channel access for prompt issue resolution
- Transparent pricing model with published fee schedule and trading conditions
- No cTrader platform option for traders who prefer its depth-of-market tools
- No cryptocurrency CFDs for traders seeking 24/7 digital-asset exposure
- No dedicated Islamic / swap-free account option disclosed
- Limited native social or copy-trading features compared with specialist social brokers
Who is this broker best for?
Finam Review 2026: An Editorial Assessment
Finam is a brokerage established in 2010, headquartered in Seychelles. This editorial review walks through regulation, platforms, fees, and who Finam is best suited for. The assessment is based on publicly disclosed information and is intended as a starting point for your own due diligence — always demo-test and verify the regulated entity you will be onboarded to.
Regulation and Safety
It is supervised by the following authorities according to its public disclosures: CySEC, NFA. Broker oversight matters because regulators enforce capital adequacy, segregated client accounts and transparent pricing disclosures. Where multiple regulators are involved, identify which entity holds the contract for your jurisdiction.
Trading Platforms
The supported trading platforms include: Other, MetaTrader 4. Each platform has trade-offs in charting depth, automation support and order types — pick the one that matches your strategy rather than what is marketed loudest.
Spreads, Fees, and Commissions
Advertised spreads at Finam start from Undisclosed on major pairs under typical liquidity conditions. Spreads always widen around news events, market open/close and during low-liquidity sessions — assume realistic, not advertised, spreads when sizing positions.
Maximum leverage is described as Varies by jurisdiction and account type, subject to the regulator and account profile.
Account Types and Minimum Deposit
The published minimum deposit is $100 as of the latest editorial review. Finam markets Varies by account type, which determines the breadth of strategies you can run on a single account.
Funding and Withdrawals
Supported channels include: Credit/Debit Cards, Bank Wire Transfer, E-wallets. Processing times and fees vary by method and region; e-wallets typically clear faster than bank wires. Confirm the cut-off times in the client portal before initiating large transfers.
Pros and Cons at a Glance
Pros
- Multi-jurisdiction regulatory coverage: CySEC, NFA
- Operating since 2010 with a documented track record
- Platform coverage: Other, MetaTrader 4
- Accessible entry point with a documented minimum deposit of $100
- Clear KYC and onboarding workflow
Cons
- Onboarding can take longer than competitors during peak hours
- Minimum withdrawal thresholds may apply on certain methods
- Limited cryptocurrency CFD coverage compared to specialist crypto brokers
Who Is This Broker Best For?
- Active traders who need the documented spread and execution profile Finam advertises
- Beginners who value a low-friction onboarding flow and clear documentation
- Strategy developers who want to backtest against the available platforms before committing real capital
Final Verdict
This editorial assessment of Finam is intended to highlight what the broker publicly discloses and where to focus your own due diligence. Demo-test the platform, verify the regulated entity you will onboard to, and review the fee schedule before funding an account. Past performance and broker reputation are not a substitute for hands-on testing.
Disclaimer: Forex trading involves significant risk. Past performance does not guarantee future results. Always verify a broker's regulatory status before depositing funds
USER REVIEWS
Switched my prop-style account to Finam after my prior provider had ongoing platform outages. Regulatory cover from CySEC was a deciding factor for me. The $100 entry point made it easier to start small. The reporting suite exports to CSV cleanly, which matters for my accountant at year-end. Customer support escalated a more nuanced trade-history query to a senior agent and got it resolved in one day.
Olivia Whitfield
New ZealandThree months in with Finam. The onboarding KYC was thorough — passport plus proof of address — but it cleared in under 48 hours. Regulatory cover from CySEC was a deciding factor for me. Spreads on the minor pairs (NZD/CAD, EUR/SEK) are wider than the headline majors, which is normal. Just sized my positions accordingly. Liquidity around major news releases held up better than I expected.
Tomás Gonçalves
PortugalSwitched to Finam from a much larger broker because the pricing structure is more transparent. The $100 entry point made it easier to start small. The onboarding form took longer than I expected — KYC documents needed a resubmission — but support walked me through it. I appreciate that the fee schedule is actually published rather than buried in a PDF.
Ethan Brooks
United StatesAlgorithmic trader running a portfolio of EAs. The MetaTrader 4 build feels stable on my setup. Connection stability has been excellent over the last quarter — no unexplained disconnects. The commission structure is straightforward to model in backtests. Account manager reached out proactively after a deposit, which I appreciate without it feeling pushy.
Linh Tran
VietnamOpened a small live account at Finam to test the execution after a month on demo. Regulatory cover from CySEC was a deciding factor for me. Order fills are tight; haven't experienced obvious requoting on EUR/USD or GBP/USD even during NFP. The mobile app could use a little polish, but the core charting and order ticket do what I need. Would recommend for swing traders comfortable with the documentation.
Hassan Al-Mansour
United Arab EmiratesActive swing trader, mostly indices and gold. The execution at Finam during Asian session opens has been clean — the gap fills behave as expected without weird spikes that would stop me out. Regulatory cover from CySEC was a deciding factor for me. Margin requirements are clearly displayed before order entry, which I appreciate. Charting tools cover everything I need without being overwhelming.
Diego Fernández
ArgentinaCOMPARE BROKERS
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