About Fin Trend
Company Overview
Fin Trend is a forex and CFD broker incorporated in the United Kingdom on 22 February 2021. The company is registered at 91 Scarcroft Road, PORT NIS, HS2 4WD, United Kingdom. Despite its UK registration, Fin Trend does not hold any financial regulatory licences from the Financial Conduct Authority (FCA) or any other recognised regulator, which is a significant concern for traders.
As an unregulated entity, Fin Trend operates without the oversight of a financial authority, meaning client deposits are not protected by compensation schemes such as the Financial Services Compensation Scheme (FSCS). Traders should exercise extreme caution when considering this broker, as the lack of regulation increases the risk of fraud or malpractice.
Account Types and Leverage
Fin Trend offers two account types: Standard and Pro. The Standard account requires a minimum deposit of $50 and provides a maximum leverage of 500:1. The Pro account requires a significantly higher minimum deposit of $20,000 but also offers maximum leverage of 500:1. Leverage of 500:1 is extremely high, amplifying both potential gains and losses, and is typically restricted by regulators for retail clients due to the high risk of loss.
The presence of a Professional account tier suggests Fin Trend may cater to high-net-worth or experienced traders, but the lack of regulatory verification means the actual trading conditions, such as spreads and commissions, are not independently confirmed. No information is available on the trading platforms or instruments offered.
Risk Considerations
FXCanary has assigned Fin Trend a Scam Risk Score of 75 out of 100, indicating a severe risk. This high score is primarily due to the absence of any regulatory licences. Without regulation, there is no guarantee that the broker adheres to fair trading practices, segregates client funds, or provides transparent pricing.
Traders are strongly advised to avoid depositing funds with unregulated brokers. The lack of independent user reviews and verifiable information further complicates any assessment of Fin Trend's reliability. Given these factors, this broker poses a high likelihood of financial loss.
Overview compiled by FXCanary from regulatory records and public data. full Fin Trend review