Finzilo

Finzilo is a Swiss-based online trading brokerage established in January 2025. The company is registered at Rue du Rhône 2, 1204 Genève, Switzerland, a prestigious address in Geneva’s financial district. Despite its Swiss registration, Finzilo is not regulated by any recognized financial authority, as our records indicate no active licence from FINMA or any other regulatory body. This lack of oversight places responsibility on traders to conduct their own due diligence.

Finzilo provides five account tiers designed to accommodate a wide range of capital sizes. The Basic account, with a minimum deposit of $250, offers leverage up to 1:10, suitable for retail traders starting out. The Silver and Gold accounts require $5,000 and $15,000 respectively, both with a maximum leverage of 1:25. For high-net-worth individuals, the Platinum account starts at $100,000 and the VIP account at $250,000, both offering leverage up to 1:50. These high minimum deposits and leverage ratios indicate a focus on experienced, well-capitalized traders.

The broker claims to offer a broad range of instruments including forex, indices, commodities, stocks, and cryptocurrencies. While the website does not provide specific instrument lists, it highlights popular assets such as major currency pairs, gold, oil, and leading tech stocks. A dedicated article on futures trading suggests that futures contracts may also be part of the offering, though this is not confirmed on the main site. The multi-asset approach aims to provide diversification within a single account.

Finzilo states that it offers a proprietary trading platform with advanced features such as real-time quotes, charting tools, and one-click execution. The platform is accessible via desktop and mobile devices, allowing traders to manage positions on the go. Details about the underlying technology or compatibility with third-party platforms like MetaTrader are not disclosed. The broker emphasizes a user-friendly experience but provides limited technical specifications on its website.

Funding options include bank wire, credit/debit cards, and e-wallets, with no deposit fees claimed. Withdrawals are said to be processed within 24 hours, though no information on withdrawal fees or limits is provided. Customer support is available 24/5 via live chat, email, and phone, with English and Spanish language support. The absence of 24/7 support or more diverse language options may be a consideration for international traders.

The most notable aspect of Finzilo is its complete lack of regulatory oversight. While being registered in Switzerland, it does not hold a licence from the Swiss Financial Market Supervisory Authority (FINMA) or any equivalent regulator. This means clients are not covered by investor compensation schemes or dispute resolution mechanisms common in regulated jurisdictions. The FXCanary Scam Risk Score of 53/100 reflects this elevated risk, placing the broker in a cautionary category. Traders should weigh the high leverage and minimum deposits against the absence of regulatory protection.