Honest Review of Fyntura

Fyntura review is a story about a company offering Forex/CFD trading with the promise of the best possible conditions. Among these are maximum asset liquidity, minimal trader costs, and high profit potential thanks to leverage of up to 1:500. Sounds like a dream broker? Don’t jump to conclusions just yet. It’s highly likely that we’re dealing with an ordinary scam, where any money you deposit will simply end up in the scammers’ pockets. We conducted an analysis of this platform’s offerings and activities — here are our findings.

Key Features

• Company Name: Fyntura Ltd
• Website: https://fyntura.com/
• Available Contacts: [email protected], [email protected]
• Foundation: 2023
• Services: Forex/CFD trading
• License: No
• Initial Deposit: $10

From Sign-Up to Payout

Fyntura’s official website was created by competent web designers. As a result, at least visually, it looks well-made, with a balanced amount of self-promotion, colors, and images.

However, like most unlicensed brokers, the company has some serious content-related issues. The reason is simple: they cannot publish all the necessary information for traders. As a result, we see:

• A couple of generic phrases about each market on the corresponding “Markets” pages, but absolutely no details about the assets available for trading. It seems like the broker intended to provide this information, but for some reason, the tables remain empty.
• Several sections on the “About” page copy-pasted from elsewhere, while the most important questions for traders — registration, licensing, financial reporting — are left unanswered.
• The “Tools” section includes a few calculators and, oddly enough, information about a bonus program. However, the company decided that publishing market news, analytics, or even a basic economic calendar wasn’t necessary.

At least the broker doesn’t complicate the registration process — it even verifies the email address provided by the user. But the fact that identity verification (KYC) is not required and that all financial transactions are carried out exclusively in cryptocurrency is quite concerning. After all, the company has no KYC or AML policies, meaning they don’t have to comply with these basic financial security measures. This is highly questionable, as such practices contradict the laws of most countries. However, it seems both the broker and its traders are comfortable with this situation.

Our Trading Experience With Fyntura

Fyntura has taken a straightforward approach to its trading platform: it offers traders one of the most well-known software options — MetaTrader 4, but only in a desktop version. The platform is widely recognized, and its functionality, pros, and cons are well documented, so there’s no need for an extensive explanation.

However, we do have an important question. According to official records, the company is not registered anywhere (more on that later). So how did it get access to software that MetaQuotes does not sell to unregistered entities? Is the broker withholding important information? Or is it offering its clients a pirated version? Or perhaps order execution is actually handled by a different company entirely?

This uncertainty about the trading terminal’s legitimacy is something to keep in mind as we move on to examine the trading conditions.

According to Fyntura, its trading conditions are unmatched. The company claims to offer:

• Leverage of up to 1:500, with traders able to choose lower levels if preferred, such as 1:100.
• Minimal trading costs. Depending on the account type, the company either charges a spread starting at 0.7 pips with zero commissions or a commission of $2 or $1 per standard lot with spreads starting from 0.0.
• The ability to trade volumes from 0.01 standard lots up to 1,000 lots.
• A Margin Call level of 70% and Stop-Out at 50%.

Fyntura offers just three account types:

• Zero — Minimum deposit: $10, zero trading commissions.
• Pro — Minimum deposit: $10, trading commission of $2 per standard lot.
• Prime — Minimum deposit: $100, trading commission of $1 per standard lot.

At first glance, this all looks very attractive. However, we have one crucial question: are these low trading costs just a bait for unsuspecting clients? With such conditions, Fyntura’s earnings would be minimal unless it had millions of active traders. Otherwise, this seems like a typical scam tactic — luring in as many deposits as possible before disappearing with the money.

The Reality Check

We’ve already mentioned the registration issues surrounding this broker. Now, let’s take a closer look.

The website footer states that brokerage services are provided by Fyntura Limited, a company supposedly registered in the Republic of Seychelles under registration number 86731. This information is easy to verify.

The result of our verification? The company is not listed in the Seychelles business registry. But that’s just the beginning. The Terms of Use mention a company with the same name but registered in Saint Vincent and the Grenadines, with registration number 234955. We searched official records in this jurisdiction as well — no such company exists. Moreover, Fyntura is absent from the local SVGFSA financial services registry, which, while not regulating or licensing Forex/CFD brokers, at least lists them.

There’s another address — an office in India. But as you might have guessed, it is not registered there either. Instead of continuing our search across multiple countries, we turned to OpenCorporates, the largest open database of company records worldwide. The result? Among 223+ million companies, there is no record of Fyntura Limited.

Fyntura has no official registration or licensing and operates illegally as a purely online entity. This means:

• No corporate bank accounts or payment processing agreements (which is why all transactions are in cryptocurrency).
• No contracts with liquidity providers (despite flashy banners on the homepage).
• No official market quotes (a warning to traders who were drawn in by its promises of low costs).

In short, Fyntura is a classic scam broker, carefully crafting a believable cover story. But like all scams, its time will eventually run out.

How Long Has Fyntura Been in the Game?

The project’s owners are reluctant to share important details with traders, including the company’s founding date. However, the website footer copyright states 2023, suggesting the platform has been active for over a year. This can be verified by checking the domain registration date.

According to WHOIS records, the domain fyntura.com was created in July 2021, but the broker acquired it only in late 2023. The first recorded activity on the site, according to Web Archive snapshots, was in early January 2024. So technically, the broker has been active for over a year.

The polished design and lack of major errors on the website make sense. However, the absence of market analytics and a social media presence raises new questions. It’s unlikely that the company has struggled financially during its 14 months of operation — more likely, it simply refuses to invest in building a community.

Extra Fraud Indicators

After a year of active operation, one would expect a significant number of Fyntura reviews to appear online. And indeed, there are over 300 comments on Trustpilot alone regarding the platform.

What’s striking is the overwhelmingly positive feedback — 89% of reviewers gave the broker the highest rating, while another 6% rated it above average. That means 95% of users recommend Fyntura for Forex/CFD trading.

Interestingly, among this wave of positive reviews, there are even posts from real people sharing genuine experiences. These typically express gratitude to customer support staff, who are praised for quickly responding to technical issues and resolving them efficiently. Notably, these reviews mention specific employees by name.

Negative reviews make up only 4% of the total, but they all describe real, concrete issues — delayed withdrawals, suspicious price quotes, and orders closing at non-existent market prices. Interestingly, the company has tried responding to these complaints for about six months. After that, their enthusiasm vanished, and for nearly nine months, they haven’t replied to a single criticism.

Is Fyntura the Right Fit?

Based on this Fyntura review, we are dealing with a pseudo-broker whose creators never officially registered the company. The platform has been operating without a license for over a year yet has built a decent online reputation, largely through paid reviews. Our conclusion is clear — this firm is not trustworthy. The chances of it being a scam are extremely high. If you don’t want to lose your money, we strongly advise against depositing funds into accounts with this project.

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