Finexo

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Information
BrokerFinexo
CompanySafecap Investments Ltd.
Year since2003
HeadquartersNicosia, Cyprus
Regulation.CySEC (# 092-08)
ModelMM
US Clientsno
Min Deposit($)100
ECN Account Min Deposit($)no
ECN Commission($)/rtl(Round Turn Lot)
Offer Fixed Spreadyes
Offer Variable Spreadno
EURUSD Lowest spreads (pips)5 -Mini account; 3 -Standard account;
Account CurrencyUSD, EUR
Max Leverage200
Minimal Lot0.01
Deposit MethodBank Wire, Credit Card, Debit Card, -WebMoney
Withdrawal methodBank Wire, Credit Card, -WebMoney
Scalpingyes
Hedgingyes
All EAs Allowedyes
Currency Pairs54+
Goldyes
Gold Spread(100oz)65
Silveryes
Silver Spread(5000oz)6.5
Oil
CFDsyes
Other InstrumentsStocks, Indices, Commodities, Energies, Bonds
MAM/PAMM AccountsMAM
Managed Accountsno
Swap-free accountsno
Segregated Accountsyes
Interest on Marginno
Bonuses & Rewardsyes
Trading contestsno
Trading platformMT4,
Platform Execution
Platform Time ZoneGMT+2
Trailing stopsyes
OCO ordersyes
One-click executionyes
Trade with mobilephoneyes
Trade in browseryes
APIno

Company: Safecap Investments Ltd.

Note: 

2015-7-2:  Cysec fined Safecap Investments Ltd €168,000

“The Cyprus Securities and Exchange Commission (the “CySEC”) would like to inform the public that, at the meetings held on the 2nd March 2015 and on the 25th May 2015, decided to impose the total administrative fines of €168.000 to CIF Safecap Investments Ltd (‘’the Company’) for violating the Investment Services and Activities and Regulated Markets Law of 2007, as in force, the Directive DI144-2007-01 of 2012 for the Authorisation and Operating Conditions of CIFs, the Directive DI144-2007-02 of 2012 for the Professional Competence of Investment Firms and of the Natural Persons Employed by Them and other laws. In reaching the above decision Cysec has taken into account the findings after carrying out, in May 2013, an onsite investigation and, in October 2014, an onsite inspection at the Company’s offices.”

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