Fundiza Review

Overview

Fundiza offers traders the best of both worlds by combining an intuitive platform with competitive spreads. Forex and CFD trading startup Fundiza was founded in 2019.

The company is owned and operated by Banzai Limited, a company registered in St. Vincent and the Grenadines. Fundiza offers its clients the ability to trade various financial instruments, including currency pairs, commodities, stocks, indices, and cryptocurrencies. The broker also provides its clients with access to a powerful trading platform and a suite of tools and resources to help them make informed trading decisions.

The platform is intuitive, easy to use, and provides all the tools that traders need. They offer more than 500+ CFDs to traders of all levels, with contracts that range in size and currency. On the other hand, the minimum deposit is $5,000, which may be too high for some beginning traders. High fees for CFD trading can make it difficult to justify the cost.

Fundiza is a great choice for traders looking for a reliable and user-friendly platform. The broker offers its clients various financial instruments to trade, as well as multiple account types and payment methods. While the minimum deposit may be too high for some beginning traders, the overall experience with Fundiza is positive.

Safety and Regulation

Fundiza is regulated by St. Vincent and the Grenadines Financial Services Authority (SVGFSA). They do not, however, operate under any significant license from the FCA, ASIC, or CySEC. Fundiza offers its clients a variety of safety features, including negative balance protection and segregated client funds. Moreover, Fundiza is the website for an international investment firm with offices around the world. The company’s operating registration number 25770BC2020 can be found on its homepage, and they are also listed as having a registered address at Victoria Park Road (PO Box 4457). Customer support is available 24/5 in multiple languages via telephone, live chat, and email.

Is Fundiza Safe or a Scam?

Fundiza is a safe and reliable broker. As mentioned above, they are regulated by St. Vincent and the Grenadines Financial Services Authority (SVGFSA), a government agency that oversees the financial services industry in St. Vincent and the Grenadines. The company has a very straightforward and transparent execution policy. In addition, the broker also provides negative balance protection to protect its VIP customers from negative balances. Overall, we believe that Fundiza is a safe and reputable broker that traders can trust.

Accepted Countries

Fundiza is an international platform that connects people with funds in different countries, except those who are living in the U.S., Iran, Syria, and North Korea.

Fees

Fundiza charges a commission on all trades. The amount of the commission depends on the account type that you choose. For example, the standard account has a $5 per lot commission while the VIP account has a commission of $3 per lot.

Leverage

The maximum leverage offered by Fundiza is 1:400.

What is Fundiza’s Minimum Deposit?

The minimum deposit required to open an account is $5,000 or equivalent. On the other hand, the minimum deposit required to get access to the best services and lower spreads is $1,000,000.

Account Opening

Opening an account with Fundiza is a straightforward process. You can open an account by filling out the online form on the broker’s website. To open an account, you must provide your personal information, such as your name, date of birth, email address, and phone number. You will also need to create a password for your account. Once you have filled out the form, you must submit it for review.
The five different types of accounts available for traders at this online broker include a Rookie account, which has the lowest spread and leverage levels; a Basic Account with better spreads but less leverage than an Elite Account, Elite Plus Account, or VIP User Profile.

Rookie Account

The deposit required for this account is $5,000. This account type has a leverage of 1:200, and the minimum spread for major currency pairs is two pips. In addition, the account gives access to all trading platforms.

Basic Account

This account requires a deposit of at least $25,000. The leverage offered is 1:400, and the average EUR/USD spread is 1.8 pips.

Elite Account

The deposit required for this account is $100,000. You’ll earn a competitive interest rate, plus enjoy exclusive benefits and personalized service. They offer an elite account that provides private trading sessions and up to a 10% discount on commissions. Moreover, their goal is to provide our clients with the best possible service and to help them improve their trading skills.

Elite Plus Account

The deposit required for this account is $250,000. In addition, you’ll have a dedicated relationship manager to help you with your trading needs, as well as exclusive access to premium market analysis and insights. You’ll also enjoy up to a 25% discount on commissions.

VIP User Profile

The VIP account is available to those who deposit $1,000,000 or more. A VIP account gives you access to our exclusive event room and private trading sessions. You’ll also get a 50% commission discount on all your trades. Plus, you’ll have access to video courses and webinars to learn how to trade like a pro.

Deposit and Withdrawal

The broker provides different payment methods to fund your trading account. All deposits and withdrawals are processed depending on each account type’s priority level. Deposits and withdrawals can be made using various payment methods to fund your trading account. The broker offers a wide range of deposit and withdrawal options for you to choose from. Deposits are processed in the order they are received, while withdrawals will be made as soon as possible depending on demand or other factors like exchange rates.

Base Currencies for Accounts

Fundiza offers a variety of deposit and withdrawal methods, including credit and debit cards, bank wire transfers, and e-wallets.

How to make a deposit?

Simply log in to your account and click on the “Deposit” button to make a deposit. Next, you will be taken to the deposit page, where you can choose your preferred payment method. Once you have selected your payment method, you must enter the amount you wish to deposit and click on the “Deposit or Submit” button. Your deposit will be processed, and the funds will be added to your account balance. You can then start trading with your deposited funds.

Trading Platforms

Fundiza offers a web-based trading platform that is simple and easy to use. The platform is available in English, Spanish, French, German, Italian, Portuguese, Russian, and Chinese. FundizaTrader is a proprietary investing platform created by Fundiza. The company behind it has had enough time to invest in developing its unique and powerful tools for traders. The MT4 or five plugins can be used alongside this program, but they’re not required if you want to access it directly through your browser without any extra software downloads. Fundiza also offers a mobile trading app available for Android and iOS devices. The mobile trading app is designed to give you the same features and functionality as the web-based platform. You can use the app to manage your account, make deposits and withdrawals, and trade on the go.

Markets and Instruments

Fundiza offers a wide range of markets and financial instruments for you to trade. The broker provides access to:

• Forex
• Indices
• Commodities
• Stocks
• ETFs
• Cryptocurrencies

Customer Service

Fundiza is committed to providing its customers with the best service possible. Whether you need help getting started or want more information on how exactly your account works, they have a team of experts that are trained in every aspect and ready at all times.

Means of Communication

• 24/5 Live Chat
• Telephone Support
• Email Support
• Social Media
• FAQ Section
• Ticket System

Client Education

The broker offers a wide range of educational resources to help you learn about trading. The education center has video courses, webinars, eBooks, and more. You can learn about the different markets, how to trade, and how to use the platform. The education center is a great resource for both beginner and experienced traders.

Final Thoughts

Fundiza is a reputable broker that offers a wide range of markets and financial instruments. It was founded in 2019 as a CFD and Forex broker and has been successfully providing traders with five different trading accounts. The broker is also available in multiple languages to make it accessible for traders worldwide.

Methodology

All brokers listed on our website are regulated by at least one financial regulator and have never been reported as a scam. Our reviews and overall scores are based on the key areas above, in a combination with our opinion and commentary.

The reviews are shared and discussed with the brokers, but the authors of our website always have the final word. Furthermore, we always strive to keep the information on our website updated and relevant for our readers.

What helps us stand out is that we always test our brokers with an anonymous live account, to ensure we deliver the most accurate information and experience to our readers. Finally, our reviews and evaluation are always independent of any financial compensation we may receive from the brokers.

Risk Disclaimer

There is a very high degree of risk involved in trading securities.

With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more at Wikipedia.

All investments involve risks and are not suitable for every investor. The value of securities may fluctuate and as a result, clients may lose more than their original investment. The past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against the loss, in a down market.

There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing. More details here.

Looking for more information on brokers and trading? Have a look at our trading guides

Review Sources

1. https://fundiza.com/

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Fundiza offers traders the best of both worlds by combining an intuitive platform with competitive spreads. Forex and CFD trading startup Fundiza was founded in 2019.

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