The Financial Centre Review
The Financial Centre is one of the oldest and most trusted forex and CFD online broker house. It has been operating successfully since 2001, and with 20 years of experience in the trading market, it offers you the best services. It currently works from the United Kingdom (UK) and has no significant regulatory body.
Nonetheless, with $250 of minimum deposit, multiple account types, and 1:500 leverage, it is undoubtedly one of the most profitable business ideas. The online broker has received fairly well reviews from most of its clients and hasn’t got any scam news. Thus, it is by far one of the top and recommendable brokers on the list.
The global trading market is diversifying faster than you anticipate. Thus, it is high time you expand your trading scopes for a sure shot of profit with a high margin. Regarding this, The Financial Center is your go-to option, with 20 years of experience handling client assets. You will admire its investment flexibility with over 1000+ CFD items, currencies, and responsive customer care.
Pros / Cons
- High leverage at 1:500
- 20+ years of trading experience
- Spreads at 0 on the VIP account
- The CFD fee is relatively high
- Low Regulation
Safety and Regulation
Surprisingly, The Financial Center doesn’t have any proper and acclaimed regulations until now. It has been in online broker trading for 20 years without any regulatory body. However, it is based in the UK. Thus, it is obliged to follow the trade and financial regulations of the country. It also maintains the KYC and AML standard policies strictly for transparency.
Is The Financial Centre Safe or a Scam?
It is 100% safe with no history of scams. All of your financial information and transaction is fully encrypted using 2-way authentication. It also uses 128-bit encryption for data processing and security to ensure maximum client protection. VIP accounts, it protects negative balances. So, it lowers the risk of hacking and unlawful intrusion into your trading account.
The trading platform has wide acceptance worldwide. However, it is restricted to the US, Syria, Iran, Cuba, and North Korea. You can’t use the platform if you are from these countries. Apart from it, you can confidently trade in the system given that your country has the approval of such trading in its financial rules and regulations.
Although there’s no minimum fee for deposit and withdrawal, clients have mixed reviews about its fee structure. The fees will vary depending on your account type here. Also, its processing fee for different trades is higher than its competitors.
Its minimum deposit starts at $250 for newcomers.
With 1:500 leverage, the Financial Center offers one of the highest leverage margins in the market. It ensures a better profit ratio for you.
What is The Financial Centre’s Minimum Deposit?
The minimum deposit for the self-managed account starts at $250, which is affordable for newbies in the trading market. If you want to access lower spreads, higher leverage, and better support, you need to open VIP accounts. These accounts have a $100000 minimum deposit requirement.
The account opening process is straightforward, with six various types of accounts. Depending on your budget and business goal, you can easily set up the account you need.
- $250 Minimum Deposit
- Monthly trading update with live trading option
- Videos and books for tutorial
- Fast withdrawal and deposit system
Wealth Management Account
- $10000 Minimum Deposit
- Dedicated account manager
- 1:100 leverage flexibility
- 0.6 pips with tighter spreads
- $50000 Minimum Deposit
- One-on-one training facility
- Next-gen marketing and trading
- Detailed market analysis and updates
- All-Star Account: $50000 Minimum Deposit
- 1:400 leverage facility
- 0.0 pips with a greater spreadPriority based withdrawal
Inner Circle Account
- $200000 Minimum Deposit
- Account for high-value and high-wealth traders
- Customizable trading account
- Dedicated account manager facility
Tiered VIP Account
- Tier 1 – $250,000-$500,000
- Tier 2 -$500,000-$1,000,000
- Tier Circle – $1,000,000+
Deposit and Withdrawal
The deposit and withdrawal process in the trading platform is straightforward. It has superior transparency and faster deposit too. The higher your account level is, the more withdrawal priority you will get. The accepted currency for all the accounts is USD only.
How to make a deposit?
- The deposit system is simpler and faster. It only takes the following steps:
- Get to your “Deposit” section as you log into your trading account
- Choose your deposit method, and the amount, and insert the details
- Confirm deposit by clicking on the button
The Financial Centre has developed its customized proprietary web platform. The trading platform is resourceful and engaging, with a user-friendly interface. It appears that the authority has invested highly in building this superior platform. You can use it both from a smartphone and desktop.
Markets and Instruments
You may trade in various financial trading instruments on the platform. The list includes:
The authority even provides you with the rare opportunity to trade directly using cryptocurrency banking. It is indeed a fantastic facility that only a few online brokers have.
The 24/5 customer support and service are fast, satisfactory, and reliable. We found their dedicated support team highly educated and trained. Also, VIP accounts have dedicated managers for improved support.
Means Of Communication
- Live Chat(website)
- Email Support (email@example.com)
- Phone Support
- UK +442038077811
- Australia +61391125949
- New Zealand +6498844056
- Sweden +46812410204
- Canada +14378379668
For educating the clients in dealing with CFD items and currencies, managing the risk factors, and improving profitability, Financial Center has multiple educational systems. From books to videos and live webinars, this platform has perfect educational tools for all. However, access to these tools varies depending on the type of trading account you have.
The Financial Centre is an experienced online broker. With 20 years of experience, it has perfected the art of business with high leverage. Plus, you will appreciate its transparency, straightforwardness in every detail, and trained support team. It must be your go-to option if you want a reliable online broker.
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.
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.
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