FINSAI Trade is a financial services company registered in the United Arab Emirates, offering a variety of trading options, including forex, indices, commodities, and cryptocurrencies. Despite claiming to offer a user-friendly platform and minimal commissions, the company’s lack of oversight raises questions. In this FINSAI Trade review, we’ll examine whether this broker is legitimate or if it poses a potential risk to traders.
Website – http://www.finsaitrade.com/; https://finsai.webtekdemo.com/
Website Availability – Yes
Address – NA
Blacklisted Status – Not Recommended By Review Website Like Scam Help Center
Domain Age Information –
- Name FINSAITRADE.COM
- Registry Domain ID 2787540309_DOMAIN_COM-VRSN
- Registered On 2023-06-06T08:41:50Z
- Expires On 2025-06-06T08:41:50Z
- Updated On 2024-06-14T11:39:22Z
FINSAI Trade Overview
FINSAI Trade provides trading services through the platform, offering products such as forex, commodities, cryptocurrencies, and indices. The company claims to operate under FINSAI TRADE LTD and is authorized by the ISA (International Services Authority of Nauru). However, upon verification, no information about this regulation can be found on official regulatory websites. Moreover, it is not regulated by any well-known financial authorities, making it a concerning choice for potential investors. The broker also offers low commissions and swap-free trading, but these features are overshadowed by the absence of proper oversight.
Is FINSAI Trade a Scam or Legit?
Based on this FINSAI Trade review, the lack of proper regulation and the inability to verify its regulatory claims suggests that FINSAI Trade may not be a reliable broker. The absence of trusted financial authority oversight increases the risk of trading with this platform.
Conclusion- Is FINSAI Trade a fraudulent or legit broker?
While FINSAI Trade offers competitive trading conditions, the absence of regulation and unclear licensing raises significant concerns. Traders should proceed with caution or consider regulated alternatives. For more information, visit their website at finsaitrade.com or finsai.webtekdemo.com.
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