Financika Journal

Journal status: live
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Financika Profile
Year
2014
Country
Vanuatu
Branches
2
Regulation
not regulated
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
...
Broker type
MM
Dealing book
B-book
Tier
3
Execution speed
...
LPs total
2
LPs quality
Other
LPs names
Cubbon Services, Naxex Belize

Financika Accounts
MM
Minimum Deposit
200 $
Leverage
200 : 1
Minimum Lot
0.1 lots
EURUSD spread
3 pips
Commission
0 $/lotRT
Volume
...
Margin Call
...
Stop Out
...
Execution
Market
Spread
floating
Scalping
no
Update broker

Is Financika safe?

  • Investor protection: no
  • Regulation: not regulated
  • Publicly traded: no
  • Segregated account: no
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is Financika trusted?

  • Information transparency: sufficient ★★★
  • Customer service: ...
  • Financika website: semi-detailed, updated ★★★
  • Financika popularity (by visitor count): top visited ★★★★★

How Financika works

1.8. Minimum Duration of Trade. Any transaction closed within 120 seconds from opening time shall be regarded as “Scalping”. Financika shall reserve the right to cancel such transactions without prior notice.

3.12 The foreign exchange market is unregulated and as such, Client understands that will not benefit from any statutory or other compensation scheme in respect of the Services;

Clearing support services provided by Cubbon Services Ltd from 73 Arch. Makarios III Avenue, Office 301, 1070 Nicosia, Cyprus.

Financika may act as counterparty in these transactions and, therefore, may act as the buyer when you sell and the seller when you buy. As a result, Financika interests may be in conflict with yours, unless otherwise specified in your written agreement or other written documents. Financika establishes the prices at which it offers to trade with you; the prices Financika offers might not be the best prices available and Financika may offer different prices to different Clients.

https://www.financikatrade.com/index/terms-conditions/

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