Read this Fundiza broker review before opening your account. Is this a Reliable Forex Broker? Find out more with our AtoZ Markets Forex broker review of Fundiza.
Fundiza Ltd. is a brokerage service provider based in St. Vincent & Grenadines who offers access to more than 500 markets across the world. The company is committed to helping simplify active traders’ ability to manage their finances by providing an innovative platform, streamlined online investing services, and personalized guidance from financial experts.
We have done an extensive review of the company and found it legit and recommendable. This broker provides maximum flexibility on deposit requirements for all traders.
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For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography, and reputation. The very same standards apply in the case of this Fundiza broker review. Please go through this article on how we conduct our broker reviews.
Fundiza is in the market from 2019 and is registered at Victoria Park Road, Kingstown, St. Vincent & Grenadines, Kingstown P.O. Box 4457. Its registration number is 25770BC2020.
Fundiza’s ease of access and the trading activity creates a strong bond of trust with the broker from the start.
The terms & conditions to perform the trading activity with this broker are attached at the footer of the website with everything that a trader should know from the start. As per the attachment, both the company and traders have good responsibilities and liabilities with mutual workflow and dependability. This is very uneven to see brokers that usually prefer to put all the liability on the users.
All of its investment and trading such as complaints, refunds, and so on are mentioned in the footer section. Therefore, Fundiza creates a strong feeling of trust due to its transparency of policies where a lot of brokerages avoid posting their legal documentations online. Fundiza is very clear and open with their legal position.
Pros & Cons
- Wide range of trading instruments, including forex, metals, cryptocurrencies, commodities, shares, and indices.
- Spreads are very low compared to other brokers.
- Very transparent about policies and legal documents.
- Advanced MetaTrader 5 trading platform.
- 6 different account types for those who want to diversify their portfolio.
- The minimum deposit is $5000.
- Only two Cryptocurrency Pairs to trade.
The Company uses security software, systems, and procedures to provide Clients with a safe and secure trading environment. It uses a Secure Socket Layer (“SSL”) encryption technology to protect the information provided through the Website. Moreover, the Company established security methods to protect the Client’s personal, financial, trading, and investing information.
Overall, the Company provides a secured connection using advanced firewalls and the SSL that encrypt and protect received information through servers. This security protocol also prevents data theft and unauthorized access by third parties. This also allows the Company to keep data integrity by ensuring that all data remains unchanged during transmissions.
In terms of using and performing a transaction on the Company’s Website, the data and information collected are encoded and encrypted. Personal information entered in the Website is protected by a security protocol to prevent data leak. Overall, the transaction process of this company is very transparent to consider it as a highly trustable broker.
MetaTrader 5 is an institutional multi-asset platform that offers exceptional trading possibilities and technical analysis tools. With MT5, you can access hundreds of assets and trade in multiple markets.
The MetaTrader 5 platform provides all the essential tools for successful trading, including up-to-date account information and improved trading system. It also provides Market Depth, separate orders, and trades, all types of trading orders and execution modes.
Fundiza MetaTrader 5 allows traders to enjoy the freedom of price movement in the fullest from even smartphones and tablets. Moreover, the Web Platform provides more possibilities to work from any web browser and any device. The most convenient way from a range of options, you can trade 24/7 with Fundiza's MT5.
The Fundiza MT5 offers convenient access to your trades directly from your desktop, laptop, smartphone, and tablet, or instantly through any web browser.
The other features of Fundiza MT5:
- 21 different time frames
- 35+ pre-installed indicators
- 40+ graphical objects
- Market depth information
- Multi-currency tester
- Tick chart trading
There are 6 different types of accounts on Fundiza, making it accessible to most of the traders online. Though the minimum deposit might seem a little steep, it can assure a high-quality trading environment.
It is the lowest tier account. It requires a $5000 minimum deposit and offers a 0.01 minimum lot size. Moreover, it offers floating pip, MT5, mobile trading, Islamic account, and 24-hour dedicated support.
The basic one is a little more advanced compared to the Rookie account. It requires a minimum deposit of $25000. The other trading conditions are the same as the rookie one, but you can trade a lot more assets with this type of deposit.
The premier account requires a $50k minimum deposit. The conditions are the same as the basic one. However, premium account holders will receive additional economic news on top of everything else. It seems like a good deal to take this opportunity with the deposit.
The minimum deposit for the elite member is $100k, which may seem pretty high compared to other brokers. All conditions from the previous accounts are the same except for the spread. This account type came with a fixed spread and technical analysis.
#5 Elite Plus
To open an elite plus account, you have to deposit $250k. However, you will receive the same type of conditions as the elite. Again, the number of profits may come higher with higher deposit.
The VIP account requires a minimum deposit of $1M. For these types of accounts, the company will provide all of the help you might need is important.
You can trade Bitcoin and Ethereum through this broker. More details about cryptocurrency trading can be found after opening an account with Fundiza on their website.
Fundiza has both fixed and floating spreads that change from time to time. Besides these, traders do not have to pay any fees on deposit and withdrawal.
The technical support department of Fundiza is available round-the-clock to address all concerns of traders to assist the trouble they might face. Traders can receive answers to all questions anytime through live chat, calls, or email.
Fundiza provides the best in-house support and services. No matter where you are in the world, their technical support team will be ready to help you make the best of your investment.
You can get assisted by the support team of Fundiza 24/5 by email, live chat, and phone call.
Fundiza.com is the operating website of FUNDIZA Ltd. with registration number 25770BC2020, and with a registered address at Victoria Park Road, Kingstown, St. Vincent & Grenadines, Kingstown P.O. Box 4457. It is registered under FSA, Financial Services Authority.
Overall, we think Fundiza is a good broker house that should deserve our trust. Though there are some issues, they are no different from what you usually come across with brokers.
The overall trading conditions are enough to make you happy. It is obvious that it truly cares about traders and is willing to give them the best they can. Moreover, they are very transparent and open in terms of its regulation and legal conditions. So, if you are planning to start trading with a big investment, you can choose this broker.