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Fyntura is a legally registered forex broker located in the Seychelles, but not regulated by any government agency.
Fyntura accepts clients from all over the world, excluding Afghanistan, Belarus, Burundi, Cuba, Congo, Sudan, Sri Lanka, North Korea, Yemen.
Forex broker offers the following underlying assets for trading.
| 70+ Currency Pairs | Based on major and minor world currencies. |
| 5 Crypto Pairs | Based on Bitcoin, Ethereum, Litecoin, Ripple, USDC. |
| 11 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 5 Metal CFDs | Based on Gold and Silver. |
| 2 Energy CFDs | Based on Crude Oil (WTI, Brent). |
Fyntura is a forex broker with a physical office address in Thailand, and a corporate offshore registration in the Seychelles. As is common in the Seychelles, the broker is not regulated by any government agency, meaning that trading with it comes with some additional risks.
Despite the obvious risks of trading with an unregulated forex broker, it can also have some benefits. In Fyntura's case, these benefits include high trading leverage of up to 1:500, a faster sign-up and ID verification process, and the ability to fund a trading account with cryptocurrency (Fyntura only accepts deposits and withdrawals in crypto).
Another thing to keep in mind is that Fyntura is a relatively new player in the industry, having been around only since 2023. This means that its track record is limited, with few traders having experience with it.
As far as trading instruments go, Fyntura has a basic selection of around 70 forex pairs, 5 cryptocurrency pairs, a handful of major stock indices, as well as the most commonly traded commodities.
Like with most brokers we have reviewed here on FX-List, all of the instruments are traded as contracts-for-difference (CFDs). This is a type of leveraged derivative that makes it easy to trade assets from both the long (bullish bet) and short (bearish bet) side without needing a lot of capital to trade with.
The instruments are all traded on MetaTrader 4 (MT4), which is the only trading platform Fyntura supports. Having been first released all the way back in 2005, MT4 is known as the trading platform that pretty much started it all when it comes to retail forex trading. Thanks to its own scripting language and large library of technical indicators and trading strategies, the platform remains extremely popular in the forex trading community to this day.
As usual, MT4 can be used in its standard downloadable version for Windows and Mac computers, as well as in a web version and as a mobile app for Apple and Android phones.
When signing up with Fyntura, new clients have the choice between three types of trading accounts:
– Zero account, with no commissions, spreads from 0.7 pips and a $10 minimum deposit
– Pro account, with $2/100k commissions, spreads from 0 pips and a $10 minimum deposit
– Prime account, with $1/100k commissions, spreads from 0 pips and a $100 minimum deposit
All of the trading accounts can be opened and denominated in USD, EUR, GBP and CAD, as well as in the cryptocurrencies Bitcoin (BTC), Ethereum Classic (ETC) and Litecoin (LTC).
To reach Fyntura's customer service team, clients can use live chat via the website, send an email, or call the office in Bangkok, Thailand directly. The broker promises on its website that support staff is available 24 hours a day Monday to Friday.
In conclusion, it's worth noting that Fyntura is a fully crypto-based forex broker that does not accept deposits and withdrawals through traditional methods. As such, it may not be the best choice for those who are not familiar with crypto or who prefer not to use it. For traders who already hold crypto and would like to try their luck in the forex market, however, Fyntyra could be a great choice.
