Finpari does not return funds

Investors & Traders ForumCategory: General QuestionsFinpari does not return funds
Allen Wills asked 3 years ago

You seem to be on top of worthless, scamming brokers. Finpari is one and here is why:

ANY deposit whether bonus or not, requires a certain trade volume before you can request a withdrawal. If you deposit additional funds, they too required a certain volume of trades.

They DO NOT return funds. I have been attempting to have a withdrawal made for 3 weeks. Nothing.

Their platform does not work…it does not show expired trades.

As a service to your readers PLEASE do not recommend Finpari

Allen Wills

2 Answers
Richie answered 3 years ago

Any response from the webmaster on this or has the situation been resolved Allen. ?

Richie answered 3 years ago

Hi Allen
I am in the same situation as you are with regards Finpari. I have emailed my account manager. It seems that the turnover requirements mean that from my math 350.00 Deposit you would have to make 35 individual trades at 10 to achieve turnover.
This means that the risk reward of 7/3 at 10 = the possibilty of losing a large percentage of funds over that period without a good strategy and understanding something new Traders lack.
I am going to try to get my initial deposit returned and will freeze my account.  I will look further into turnover calculations.