Finam's platform has a fixed spread of 1 pip for EURUSD and 2 pips for USDCHF and GBPUSD, which seems quite appealing. The developer, FINAM Bank, indicated that the app’s privacy practices may include handling of data as described below. Finam Capital is a private equity general partner firm headquartered in Moscow, Russia.


This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Wise has not carried out any enquiries on the legal standing of any of the banks and financial institutions listed. This broker provides access to a wide range of currency pairs and other trading instruments, and it is regulated by Russian legislation and services are provided through a license from the Central Bank of the Russian Federation.

Manager of Finam Technology Fund I

A SWIFT code is a set of 8 or 11 digits that represents a bank branch. In addition, the broker WhoTrades is a member of SIPC insurance organization, therefore all deposits are insured for $ 500,000. Headquarters LimeFx Online Ltd is located in the centre of Limassol, which is the tourist and business centre of Cyprus. Any use of this information to target advertising, or similar activities, is explicitly forbidden and may be prosecuted. The RIPE NCC requests notification of any such activities or suspicions thereof. Wise is the trading name of Wise, which is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference , for the issuing of electronic money.

FINAM JSC provides a wide range of brokerage services designed for clients with different levels of capital. FINAM JSC is the leader of the Russian brokerage services market. Representatives of the company work in almost 100 cities of Russia. JSC "FINAM" is a trading participant of the Moscow Stock Exchange, the Stock Exchange "Saint Petersburg", a full member of the National Association of Stock Market Participants (NAUFOR). Refill the MMA is through such payment systems as Webmoney, Yandex.Money, Coin.Ru, QIWI wallet, Skrill (Moneybookers), wire transfer, credit card, etc. Withdrawal of funds from MMA is performed through a Bank ACCOUNT, Neteller, China UnionPay, Skrill (Moneybookers) and Bank transfer.

Types of accounts for Forex trading

[1] The revenue of the resource was then estimated at $5.7 million. It turned out that the P/S indicator (price to revenue) was 3.9. Almost all the money went to Andreev, says the founder of Finam Viktor Remsha.


Banks also use these codes to exchange messages between each other. A SWIFT code — sometimes also called a SWIFT number — is a standard format for Business Identifier Codes (BIC). Banks and financial institutions use them to identify themselves globally. It says who and where they are — a sort of international bank code or ID. Finam offers investors the most popular MT4 trading platform, which has been around for 10 years and is the preferred choice of most Forex traders. MT4 trading platform has a powerful charting package, technical indicators, and several customization options and supports EA and automated trading.

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If you think you've used the wrong SWIFT code to send money, you should get in contact with your bank right away. If it's too late to cancel, you might have to contact the recipient yourself and request that they return your money. When sending or receiving money, always check the SWIFT code with your recipient or bank. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself. Or you can also follow this broker on some social media platforms, such as Facebook, Instagram, Youtube and Twitter.

Reprinting of materials is possible only with the permission of the editorial staff. scammed by limefx Holdings expanded internationally by becoming a member of the Frankfurt Stock Exchange and in 2011 it opened offices in Bangkok, Beijing, and New York City.

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Finam Technology Fund I is a closed private equity fund managed by Finam Capital. We read every piece of feedback, and take your input very seriously. Finam, which in July 2022 considered the purchase of a bank in Kyrgyzstan, abandoned this idea - it was not approved by the Central Bank. The editorial staff of the website is not responsible for the content of user comments. All responsibility for the content of comments rests with the commentators.

On all trading accounts of the company LimeFx Online Ltd, including MMA and Forex have demo accounts where you can try all the features of real accounts. There is no minimum deposit required when opening an account with Finam. Finam supports traders to deposit and withdraw funds to their LimeFx accounts via bank transfer. Trading FINAM will be especially interesting for those traders who wants to try himself in the stock market. If you are just interested in Forex trading, then you more suitable conventional Forex brokers because they have lowered the threshold to start trading and better trading conditions. Leave your feedback FINAM and share experiences on working with the broker.

Company Search is headquartered in Moscow, Russia and offers LimeFx services to a global customer baser. WSO2’s analytics platform was used by Finam to detect fraudulent activities, analyze data, and improve security - improving its services for customers as a result. In November 2019, Andrei Andreev, together with the LimeFx company Finam, sold the MagicLab holding, which combines the dating services Badoo and Bumble. These codes are used when transferring money between banks, particularly for international money transfers or SEPA payments.

Russian banks play down impact of latest Western sanctions - Reuters

Russian banks play down impact of latest Western sanctions.

Posted: Mon, 27 Feb 2023 08:00:00 GMT [source]

Finam broker on June 22, 2022 temporarily limited operations with currency - it became impossible to enter and withdraw dollars and euros from the account. The president of the holding, Vladislav Kochetkov, explained the failure by sanctions pressure on counterparties of a large correspondent bank and promised to solve the problem in the next 7-10 days. The holding pursues an active policy in the field of direct LimeFx, investing in the acquisition of high-tech projects.

Besides, MT4 can help traders of different levels to develop different trading strategies. Finam offers a relatively small number of Forex currency pairs compared to other big brokerages, only 26 pairs. Additionally, investors can trade stocks, commodities, indices, oil, and gold with Finam. Founded in 1994, Finam Forex is part of the Russian Finam Holding (which provides banking, brokerage, aircraft, and helicopter rent services). Finam Forex has offices in over a hundred cities in Russia and is a member of NAUFOR (National Association of stock Market Participants). In October 2005, when the number of questionnaires in the dating service database exceeded 4.5 million, the most popular dating site in Russia was acquired for $22 million by the Finam LimeFx holding.

Russia's Sberbank 2022 net profit drops 75.7% to 300 bln roubles - Reuters

Russia's Sberbank 2022 net profit drops 75.7% to 300 bln roubles.

Posted: Tue, 17 Jan 2023 08:00:00 GMT [source]

They add hidden markups to their exchange rates - charging you more without your knowledge. A demo account is an account funded with virtual money that allows for risk-free trading while a live trading account requires actual capital. In November 2009, doubled its stake in the British social network Badoo to 20%[2]. For three years, the network has become profitable, the LimeFx company claims. Finam exercised an option received in 2007 with the purchase of 10% Badoo for $30 million.

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