Some believe that clients trading with the company we are about to discuss are very lucky. This Forex/CFD broker will literally make you “fall in love” with the market. It’s not difficult when the firm offers unique analytical tools, top-tier security measures, and interesting educational materials. Such conditions look tempting even for experienced market participants. But appearance is not reality, which is why this Finecsa review was created — to prove that it is just an ordinary scam that does not deserve the slightest trust.
Key Features
- Company Name: Nomura Capital LTD
- Website: https://www.finecsa.com/
- Available Contacts: [email protected]; +525541663011 (Mexico), +552135000556 (Brazil)
- Foundation: 2024
- Services: Forex/CFD trading
- License: No
- Initial Deposit: 500 USD/EUR/GBP
From Sign-Up to Payout
The official Finecsa website can hardly be called original — this type of web design is very common among scam brokers. Perhaps the attractive design of only the homepage and the rest being filled with dull texts with minimal formatting might be called a professional style by someone. From our point of view, such a design looks like a pathetic attempt to save a couple of hundred dollars on development.
However, the problem with the design is far from the main issue. If you pay attention to the content and the implementation of certain functions, it becomes clear that the website exists solely to establish an online presence. Consider the following:
- In the Educación (Education) section, on almost all pages, instead of materials or links to them, traders will only find descriptions of how much benefit they will receive if they study the listed topics. The only exception is the Videos page, which does contain short (2-4 minutes) clips. However, calling them educational would be a big exaggeration. Even a user who has never traded on financial markets will find nothing useful in them.
- As usual, the Activos (Assets) section tells users how wonderful it is to trade on each available market. Unfortunately, no numbers, such as contract specifications, back up these empty claims.
- On the Acerca de Nosotros (About Us) page, a potential client will learn approximately nothing about the broker. A description of the company’s vision of relationships with traders, its goals, etc., may be interesting, of course. However, we are sure that users would prefer less flashy but more useful information about the company’s registration and the availability of licenses.
Nevertheless, compared to other similar projects, at least the client can register independently. However, there is no reason to celebrate yet. For example, funding the account is impossible. The form offers the user only one option for sending funds — via Pay Easy. However, after filling in all the fields (the trading account for crediting funds, amount, sender’s address, and tax number), nothing happens. To resolve the issue, the user has to contact customer support, where they will be told how and where to send the money.
Thus, we see a typical scam approach: an official website that is practically useless and the inability to send funds without the company’s assistance. These red flags do not yet confirm that the project is fraudulent. However, users should exercise extreme caution.
Our Trading Experience With Finecsa
The broker tried to highlight how great its trading platform is, both on the homepage and on a separate Platformas page of the website. However, its imagination only stretched to a couple of sentences for each version. Users, however, are unlikely to understand from these descriptions what exactly makes the terminal so remarkable.
We’ll try to help them out. Finecsa uses software from Easy Technologies. This platform is well known to many traders and, at first glance, indeed looks quite decent. Its main advantages are the multi-chart mode and a solid set of technical indicators.
However, the platform has far more drawbacks:
- The market overview is extremely inconvenient. Users cannot limit the number of symbols displayed in each group of trading instruments. As a result, selecting assets takes extra time. The ability to create a Favorites list and a search system does not solve the issue.
- The number of available graphical analysis tools is limited. This forces traders to modify their trading strategies, often leading to a loss of signal accuracy — and consequently, financial losses.
- The terminal does not allow users to create or integrate indicators and trading advisors. As a result, traders’ capabilities are severely restricted.
Important! The last issue is not unique to the web version of the platform (most modern trading solutions have similar limitations). However, the desktop version of this terminal also lacks tools for developing and integrating indicators and trading bots.
Overall, the platform falls far behind market leaders such as MetaTrader, cTrader, or TradingView. So why does the broker prefer it?
- First, the developers of this software rarely sell licenses to unregistered companies. This raises doubts about Finecsa’s legitimacy.
- Second, according to traders’ feedback, the administration of the trading servers can manipulate price feeds at will. If this is true, clients should not expect fair trading conditions.
Finecsa also seems to have trouble publishing clear trading conditions. As we mentioned earlier, contract specifications are missing from the website. The account types table also provides little information.
Traders are offered three account types:
- Básico — minimum deposit $500, leverage up to 1:200.
- Estándar — minimum deposit $5,000, leverage up to 1:400.
- Premium — minimum deposit $10,000, leverage up to 1:600.
As we can see, there is no mention of spreads, swaps, or trading commissions. This means clients will have to figure out the trading costs only after executing their first real-money trades — since the broker does not offer demo accounts. Other conditions will also have to be discovered empirically.
Finecsa’s team does not care if traders lose money in the process. On the contrary, they would welcome such an outcome, as the trader’s losses turn into the broker’s profits.
Critical Note! We see a clear pattern: as the minimum deposit increases, so does the maximum leverage — which directly raises the trader’s risk. This is a classic scam tactic: the more money a client deposits, the higher the chance of losing everything.
It is becoming evident that Finecsa actively employs fraudulent tactics. This means traders’ hopes for fair conditions are unlikely to come true. Is it even worth dealing with this broker at all?
The Reality Check
Finecsa does publish some official information on its website. However, the facts presented above suggest that the company’s claims should be carefully verified.
Let’s start with the registration details. The broker claims to operate under Nomura Capital LTD, registered in Saint Lucia under № 2024-00407.
The registration details of this company have been confirmed. It is indeed listed in the Saint Lucia business registry in 2024 as an IBC (International Business Company).
However, this does not grant the firm the right to provide brokerage services. The local financial regulator does not issue licenses for such activities. These powers have been delegated to the Eastern Caribbean Central Bank (ECCB). Nomura Capital LTD is not listed among the brokerage firms regulated by the ECCB.
It is possible that this company has no connection to the broker Finecsa at all. Finding information about a business registered in Saint Lucia is not difficult. The only “proof” that Finecsa belongs to Nomura Capital LTD is its own claim. But, as we have already seen, the information published by this broker is not trustworthy. There is a high possibility that this platform is simply using the name of a real company to appear legitimate, while in reality, it is not registered anywhere.
In any case, the broker lacks a license, meaning that its services are illegal. Traders who register accounts here and deposit funds do so at their own risk, as their rights and interests are not protected by any authority.
How Long Has Finecsa Been in the Game?
The broker has not disclosed the date of its establishment. To obtain this crucial information, we turned to WHOIS data on domain registration.
As we can see, the finecsa.com domain was registered in 2019. However, we do not believe that this broker has been operating for nearly six years. A review of web archive snapshots shows that in early 2024, the domain was still listed for sale by a hosting provider. Activity on the site only began in late summer 2024. This aligns perfectly with the date of the last significant update in the domain records.
The broker’s claim about receiving multiple industry awards is also a fake. Based on the dates and award names, this fraudulent company supposedly received some of these honors as early as 2021. This attempt to deceive users has failed — since winning awards three years before the platform’s official registration and website launch is simply impossible.
Extra Fraud Indicators
The number of Finecsa reviews online is shockingly low. Most of them appear on social media, though a few can be found on industry-related platforms.
Opinions about the company are divided. Some reviews describe a legitimate broker with excellent trading conditions. Others call it a scam and strongly advise against doing business with it.
The positive comments were clearly paid for by the project owners. Meanwhile, the negative reviews reflect the real truth about this pseudo-broker. We don’t think it’s necessary to explain which side to trust.
Is Finecsa the Right Fit?
So, in our Finecsa review, we have encountered yet another scam broker desperately trying to attract clients’ money. However, these attempts are hindered by the lack of a license and a failed backstory about the company’s longevity. There are also numerous red flags in its operations that clearly indicate it was created by fraudsters. We strongly recommend forgetting about this platform forever and finding a real, regulated broker instead.
Don’t expect this scam company to let you make money! The Finecsa platform exists only to collect deposits. I was scammed out of nearly $20,000. At first, they promised to help me make profitable trades, which got me really interested. But when they realized I wouldn’t deposit more money, they completely emptied my account, claiming a technical failure – and then they stopped responding altogether.
These fraudsters are masters at storytelling when it comes to registration and regulatory compliance. But only beginners fall for these tricks. The true sign of an honest and reliable broker is having a valid brokerage license. And Finecsa has nothing of the sort! They simply create the illusion of trading, but when it’s time to withdraw funds, they block accounts.