|Broker Name:||Fundiza Ltd|
|Broker Type:||Forex, Commodities, Stocks|
|Country:||St. Vincent and Grenadines|
|Operating since year:||2019|
|Address:||Victoria Park Road, Kingstown, St Vincent & Grenadines, Kingstown POB 4457|
|Toll Free Number||N/A|
|Availability:||Monday to Friday|
|Trading platform Time zone:||N/A|
|Other trading instruments:||YES|
|Minimum deposit ($):||$5,000|
Fundiza Review Table of Contents:
- General Overview
- Basic Information
- Trading Conditions
- Trading Platforms
- Account Types
2020 Review of Fundiza Broker – Is It Worth the Investment?
Greetings! We can guess why you’re here – trying to find the perfect broker? Well, this is the perfect place for you as you will find all of the information you need about Fundiza. You will find their trading conditions, assets, and so on discussed in the following Fundiza review. Now, let’s get into this Fundiza review.
Basic Info About Fundiza
Fundiza has only been around since 2019, but they managed to make a name for themselves already. Their registered address is at Victoria Park Road, Kingstown, St. Vincent & Grenadines, Kingstown P.O. Box 4457 with the registration number 25770BC2020.
The first thing you see when you scroll down their website is the basic information you need to know. But the most important information is at the footer of the website. All of the legal documents are easily available to all of the traders. We consider this to be a huge plus for the brokerage, as you rarely come across a company that’s so open with their legal documentation.
They have: Terms & Conditions, Order Execution Policy, AML/KYC Policy, Complaints & Dispute Policy, Refund Policy, Conflict of Interest, Risk Disclosure right at the bottom of the website. They also have their license number openly posted in their footer for easy finding and access.
They also display a risk warning there, giving a small brief for the overall warnings that traders need to be aware of. The one thing we really liked about their legal policies is that they take equal responsibility as the trader. This doesn’t mean that they have the same liabilities, but rather they say that they have their own responsibilities to provide as well. We like that, as most of the brokers you usually find online get rid of all of the responsibilities in order to make a profit. Fundiza makes sure to keep their trading conditions truly fair.
Trading Conditions Available at Fundiza
The legal documentation is quite important, but the conditions offered are even more important. Though they make it quite easy to find, we still want to discuss their importance one by one. These are the advantages listed by the broker:
- Secured Funds – Keeping your funds is very important. Fundiza provides a multi-level SSL encryption. They have their own affiliate finance institutions that provide extra security of the funds. This is one of the most important aspects of brokers, and Fundiza manages to provide a strong one.
- Instant Market Access – Whatever device you have, wherever you are and whenever you want to trade, you have access to the market 24 hours a day during all trading days.
- Cross-Asset Trading – Fundiza provides a lot of assets on their platform, and more importantly, you can trade them from one platform. Easy, fast, and convenient.
- Clear fees – Fundiza wants to make sure that you are not being lied to with the fees. Some brokers provide fees after the whole trade is made, but Fundiza lets you know exactly how much you need to pay for what trade, to ensure that you are comfortable with your trades.
- Flexible leverage – Leverage is important to every trader, whether experienced or not. Fundiza provides a very large maximum leverage, which is 1:400. Be careful to choose the right leverage for the trade, as sometimes high leverage means higher losses. Make sure to know how to trade with leverage before you max out.
- 24/5 customer service – Their customer service is available 24/5 for your comfort. They are available via chat, email, or phone. It is convenient to have this many options, as many traders prefer to email or chat, rather than call. Not all brokers provide this much flexibility in their customer service, and we think it’s a good thing that Fundiza does.
Do these trading conditions stand out? We think so. They offer quite a range of trading instruments and security, as well as good customer support and great maximum leverage. Though this list does not make them the only broker in the world, they definitely offer conditions worth the trust. We give them another thumbs up for this.
The trading conditions provided by Fundiza are actually quite great. Not a lot of brokers give you this much flexibility with leverage, customer service, or assets. We think that Fundiza is doing a great job of keeping their traders comfortable. It’s obvious that they have experience on the other side of the stick, knowing what traders truly want from their brokers.
Trading Platforms at Fundiza
Fundiza offers trading on the most advanced and versatile platform – MT5. Though you might be a little disappointed that your favorite MT4 is not here, think about the progress. MT5 has many more assets and widgets for your convenience. You can organize the interface as you want and make the platform perfect for your own preferences.
Fundiza offers to trade on everything: mobile, web, their app… Whatever you want for your convenience. Trade from the comfort of your home or go to your favorite workspace. The profits are yours.
Account Types Offered at Fundiza
As we discuss the conditions, it’s important to discuss the account types as well. Fundiza has six different account types, which provide various advantages depending on the level.
- Rookie – 5,000 USD
- Basic – 25,000 USD
- Premier – 50,000 USD
- Elite – 100,000 USD
- Elite Plus – 250,000 USD
- VIP – 1 million USD
All of the accounts offer the basic needs: 0.01 min lot size, floating pips, MT5, mobile trading, Islamic account, account manager, and 24h dedicated support. The more advanced accounts, starting from the premier account, also receive economic news, fixed ask/bid difference, and technical analysis. The minimum deposits required by the accounts are also listed with the names.
The lowest is 5,000 USD and the highest is 1,000,000 USD. The difference between the most basic and the most advanced accounts is huge, and this means one thing: they know how to handle money. Though it might look intimidating, think about this: why would the broker make the deposits this high if they didn’t have a guarantee of good services? We find this trustworthy, and though it might seem steep, it only means they provide quality.
Opening an Account with Fundiza
The reason we are including this information here is that we want to make sure you understand the process well. We always go through the registration to include any bugs or issues with the required info, so here goes the short tutorial.
Step 1: Register Account
The first thing is the basic information you need to trade: name, email, number, and country. Aside from that, they ask for a referral name, which means that they have bonuses for referrals. Fundiza shows they value loyalty by offering bonuses to their traders for bringing more people to the team. The bigger the family, the bigger the bonus.
Step 2: Deposit Funds
The second step is quite basic; you put in your payment information and pay the deposit you choose. Then you will be assigned to an account level, and then you can proceed.
Step 3: Trade Instantly
The final step is trading. Yes, that’s how easy the registration was. If you made any mistake or typo while registering, you will automatically be transferred to the customer services page and receive help immediately. This is great, as the brokerage wants to ensure that you don’t lose any information or time. You will receive help and solve the issue within minutes.
Some countries are restricted from trading, such as the USA, Iran, Syria, and North Korea. The list is very short, making us believe that Fundiza wants to include most of the world in its platform. The more traders they have, the higher the profits are! So the fact that people from all over the world can join is a huge plus for us.
We hope that you have found this Fundiza review useful and it will help you with the trade!