Basic Information
Registered Region 
Nauru
NauruOperating Period
2-5 years
Company Name
FINSAI TRADE LTD
Customer Service Email Address
Contact@finsaitrade.com
Contact Number
+971508235541
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
0
1
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4
5
6
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8
9
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0
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8
9
0
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9
/10
FINSAI Trade
Nauru
|
2-5 years
|
ECN Account
Suspicious Regulatory License
|
MT5 Full License
|
Regional Brokers
|
High potential risk
http://www.finsaitrade.com
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
FinsaiTrade-Server
Germany
2
Influence
C
Influence index NO.1
India 3.56MT4/5 Identification
MT4/5 Identification
Full License
2
Server Name
FinsaiTrade-Server MT5
Server Location Germany
GermanyInfluence
Influence
C
Influence index NO.1
India 3.56Surpassed 20.60% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+971 508235541
Contact@finsaitrade.com
http://www.finsaitrade.com
Island Ring Road, TB Office, NRU 68, Yeren, Nauru, Republic of Nauru
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Account
Funding
Related Software
Biz Area
Website
Company Summary
Disclosure
News
Wiki Q&A
Comment
Account
- Environment--
- Currency--
- Maximum Leverage--
- SupportedEA
- Minimum Deposit$5000
- Minimum Spread--
- Depositing Method(7+) VISA Neteller Bank transfer MASTER
- Withdrawal Method(7+) Neteller Skrill MASTER VISA
- Minimum Position--
- Commission--
- Products--
Updated：
MT4/5
Full License MT5
0
MT4 Servers
1
MT5 Servers
84.50
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 5
Perfect
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103.227.176.6
Company Summary
| FINSAI Trade Review Summary | |
| Founded | 2015 |
| Registered Country/Region | United Arab Emirates |
| Regulation | Not regulated |
| Market Instruments | Forex, Indices, Shares, Commodities, Crypto |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | From 0.2 pips |
| Trading Platform | Finsai Trader (Windows, Android, Apple) |
| Min Deposit | $50 |
| Customer Support | Email: Contact@finsaitrade.com |
| Contact number– 0502833300 | |
| Physical Address– Shuraa Business Center Branch, full 29th floor, Prime Tower, Business Bay, Dubai, UAE. Fax: 043510078, PO. Box. no. 79998. | |
FINSAI Trade Information
FINSAI Trade, a financial services company registered in United Arab Emirates, offers trading in forex, indices, commodities, and cryptocurrencies. While it boasts low commissions, swap-free trading, and a user-friendly platform, a major drawback is the lack of regulation by any well-known financial authority.
Pros & Cons
| Pros | Cons |
| Low minimum deposit ($50) | Lack of regulation |
| User-friendly trading platform | No MT4 or MT5 platform support |
| $0 commissions and swap-free accounts |
Is FINSAI Trade Legit ?
Although, FINSAI Trade claims they are operated under FINSAI TRADE LTD, A Financial Services company authorized and regulated by the ISA – International Services Authority of Nauru, with license No. 052943-033, and it's registered in Republic of Nauru under company number 003112024. However, its regulatory information cannot be found on the websites of ISA, and it has not been regulated by other well-known regulatory authorities.
What Can I Trade on FINSAI Trade?
Invest in a range of financial instruments, including forex, stocks, commodities, indices, and cryptocurrencies. Finsai offers innovative financial solutions tailored to your unique needs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Metals | ❌ |
| Commodities | ✔ |
| ETFs | ❌ |
| Crypto | ✔ |
| Bonds | ❌ |
| CDFs | ❌ |
Account Type
Finsai Trade provides three account types to suit various trading needs.
The Finsai Smart Choice account is suitable for beginners, it needs a minimum deposit of $100, and offers spreads starting from 0.2 pips, with leverage of up to 1:500. It has low commissions and essential features such as negative balance protection, swap-free trading, and a 100% margin call / 80% stop-out level. While it doesn't support copy trading, algorithmic trading, or VPS, it is a solid option for traders seeking simplicity.
For more advanced options, Smart Pro and Smart ECN accounts are available with higher minimum deposits of $1000 and $5000 respectively.·
FINSAI Trade Fees
Finsai Trade's fee structure is competitive in terms of spreads and commissions.
Trading Fees
The spread of FINSAI Tradeis from 0.2 pips for the Smart Choice account. And the spreads are generally tighter for the Smart Pro and Smart ECN accounts, catering to more experienced traders and institutions.
As for commission, it is $0 per $100K traded for all account types.
Swaps
All Finsai Trade accounts are swap-free, so you won't be charged any overnight interest in your positions.
Trading Platforms
| Trading Platform | Supported | Available Devices | Suitable for which type of traders |
| MT4 | ❌ | / | / |
| MT5 | ❌ | / | / |
| Finsai Trader | ✔ | Windows, Android, AppleOne Click TradingFast ExecutionPartial Order FillingLimit & Stop Orders20+ IndicatorsHedging & NettingVWAP Executions | Day TradersSwing TradersSeasoned traders |
Deposits & Withdrawals
Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Local Bank Transfer | $50 | None | One Working Day |
| Visa & MasterCard | $50 | None | Instant |
| Help2Pay | $50 | None | Instant |
| Skrill | $50 | None | Instant |
| Neteller | $50 | None | Instant |
| Crypto | $50 | None | Instant |
Withdrawal Options
| Withdrawal Options | Max. Withdrawal | Fees | Processing Time |
| Visa & MasterCard | $5,000 | None | 1 Working Day |
| Help2Pay | Up to $10,000 | None | 1 Working Day |
| Skrill | $50,000 or equivalent | None | 1 Working Day |
| Neteller | $50,000 or equivalent | None | 1 Working Day |
| Crypto | Unlimited | None | 1 Working Day |
Keywords
- 2-5 years
- Suspicious Regulatory License
- MT5 Full License
- cTrader
- Regional Brokers
- High potential risk
News
Exposure Don't fall for these Brokers
Brokers are all around, so it's difficult to identify which ones are authentic and which ones are fake. But if you're aware, you can spot and avoid them. To help you stay informed and protected, we're sharing three brokers you should avoid at all costs.
Wiki Q&A
Pushpender Sharma 
1-2 years
Can I know the details about FINSAI Trade fees?
FINSAI Trade offers a competitive fee structure with spreads starting from 0.2 pips for the Smart Choice account. There are no commissions for any of the account types. Additionally, all accounts are swap-free, meaning there are no overnight interest charges.
Broker Issues
Fees and Spreads
07-25
United States
Prash_007
1-2 years
What account types does FINSAI Trade offer?
FINSAI Trade offers three account types: the Smart Choice account (minimum deposit $100), the Smart Pro account (minimum deposit $1,000), and the Smart ECN account (minimum deposit $5,000).
Broker Issues
Platform
Account
Instruments
Leverage
07-14
United States
DoreenVanDenHeever
1-2 years
What are the detailed fees of FINSAI Trade broker?
The spreads for the Smart Choice account start from 0.2 pips. For the Smart Pro and Smart ECN accounts, the spreads are typically tighter. All accounts come with $0 commission per $100K traded. The platform also charges no fees for deposits or withdrawals.
Broker Issues
Fees and Spreads
07-01
United States
Shoofar
1-2 years
Does FINSAI Trade have any cons?
A major downside is the lack of regulation by reputable financial authorities, which may increase the risks involved. Additionally, the platform does not offer demo accounts or support MT4/MT5, limiting its appeal to some traders.
Broker Issues
Leverage
Platform
Account
Instruments
06-24
United States
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