Opinions and information about the Finance Reserves broker
¿It is the broker Finance Reserves (aka financereserve.com) really trustworthy? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The Finance Reserves broker is a broker of: Forex, Cryptocurrencies and CFDs.
The broker mentions to be part of: Plus500UK Ltd.
Finance Reserves is based on: they claim to be in the UK, but this is not true.
If we talk about regulation, the broker Finance Reserves mentions being regulated by FCA, but it's false, the same FCA confirms it on its website.
We will continue to analyze the different account types that Finance Reserves offers. In the case of Finance Reserves, we note that it has 5 different plans or types of account: Silver Account, Gold Account, Platinum Account, Diamond Account and VIP Account.
Silver Account- € 10.000 minimum initial deposit, up to 1:20 leverage, Senior account manager, 10% profit charges, $ 5.000 maximum trading bonus pending, trading signals, up to 20% welcome bonus.
Gold Account: € 25.000 minimum initial deposit, up to 1:40 leverage, Senior account manager, monthly cash back, 10% profit charges, $ 10.000 maximum trading bonus pending, trading signals, money management plan, welcome bonus up to 40%, daily market reviews.
Platinum Account: € 100.000 minimum initial deposit, up to 1:60 leverage, Expert account manager, monthly cash back, 9% profit charges, $ 60.000 maximum trading bonus pending, trading signals, money management plan, welcome bonus up to 60%, daily market reviews.
Diamond account: € 250.000 minimum initial deposit, up to 1: 100 leverage, Top account manager, monthly cash back, 7% profit charges, $ 200.000 maximum trading bonus pending, trading signals, money management plan, welcome bonus up to 80%, daily market reviews.
VIP account: € 500.000 minimum initial deposit, up to 1: 150 leverage, account manager (Special Team), monthly cash back, 5% profit charges, maximum pending trade bonus $ 600.000, trading signals, management plan money, welcome bonus up to 120%, daily market reviews.
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The platform used to operate is: Finance Reserves platform.
Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: some explanations of the products that Finance Reserves offers, explanation of basic concepts of the world of investments, news of financial events, really not much more.
Finance Reserves features
Additional information about the company
Phone number: +34930301442 (Spain) | +44124390006 (UK) | +61242032460 (Australia) | +6436695890 (New Zealand)
E-mail: [email protected]
Clarification: If you think that our review is not correct, or you have a different opinion, we invite you to leave a comment in this same section - evaluation.
* Bonuses or promotions: None by the moment
Finance Reserves valuation
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Why? It is an unregulated broker, it uses data that is not true (broker-clone) and that is why we do not know where its headquarters are really located. When looking for information and other reviews about Finance Reserves we found a lot of comments from people complaining about not being able to withdraw their money.
December 2020 update: FCA, UK financial regulator, has Reported to Finance Reserves for fraudulent activities.
January 2021 update: FCA, UK financial regulator, has reported Finance Reserves due to fraudulent activities.
January 2021 update: FSMA, Belgium's financial regulator, has reported Finance Reserves due to fraudulent activities.
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