User Reviews of Financista Company in 2023
Financista is a company that many users consider a potential risk. Although there are no reviews yet, independent experts have already expressed their negative attitude towards this firm. We will explore why Financista raises suspicions and what problems may arise when working with it.
What is Financista Company?
Financista’s website is a single-page resource containing only a registration form. Without authorization, it is impossible to obtain information about the company. Users need to provide their data to access the broker’s trading platform. The main information can be found in reviews on other resources.
Even after registering on the Financista website, information about trading opportunities remains minimal. Users can start trading on a demo or real account. Support can be contacted via email at [email protected]. However, a verification revealed that this address is fake.
From the email, we learned about the company’s additional website – financista.com. Currently, this domain is up for sale.
Reviews revealed that financista.com was publicly accessible. Presumably, to avoid questions, developers decided to close this resource and leave only financista.org, where information is unavailable to unregistered users.
A domain history check showed that the project was launched in October of the current year and is actively being promoted online.
Regulation of Activities
Financista does not disclose information about its registration location and the presence of licenses at the international level. However, reviews indicate that the company’s main office is located in Limassol, Cyprus. Financial activities in this country are regulated by CySEC. The Cyprus regulator’s registry is public, allowing verification of the legality of the company’s operations.
According to documents, Financista is not listed among licensed brokers. This indicates that the company does not have an official status. We recommend exercising caution, especially for Russian-speaking traders, given the aggressive advertising campaign in this region without proper legal grounds.
Forums contain reviews from clients who fell into the trap of such companies, leading to the loss of funds and leaving investors alone with problems.
Company Offers
Details of Financista’s commercial offers are not disclosed. Information about available opportunities was gathered extremely limitedly:
- Demo account with 10,000 virtual dollars,
- Minimum entry threshold for trading – from 10 USD,
- Wide range of financial instruments: Forex currencies, cryptocurrencies, indices, commodities, ETFs, metals,
- Leverage up to 1:100.
The company does not reveal information about fund deposit/withdrawal procedures and commission fees. Due to its restrictions in the real market, information about the company’s solvency is unavailable.
User Reviews
Since Financista is new to the market, there are no reviews from real clients yet. However, independent reviewers advise caution when dealing with such pseudo-brokers.
If you encounter issues with Financista, you can leave your review on our website through a special form.
Investor Deception Mechanisms
Financista intentionally conceals cooperation terms and restricts access to its website. Scammers aim to individually approach potential clients to transition them from a demo account to a real one. After that, they simulate profitable trades to quickly increase the client’s trading volume. Despite the initial deposit of 10 USD, clients may end up losing significant amounts.
When clients attempt to withdraw funds, scammers reset the balance by nullifying profitable orders, making fund withdrawal impossible.
Conclusions
Financista is another suspicious project that attracts newcomers. Scammers gradually attract investments and enrich themselves at the expense of clients. We recommend avoiding risks and not investing in a company that lacks necessary licenses and guarantees. It is better to seek a reliable broker for market operations.
As a financial expert, I am deeply dissatisfied with the broker’s performance in 2023, based on numerous negative customer reviews highlighting unprofessionalism and poor investment strategies.