Fintrix Markets Review: Is It Legit or a Scam?
An honest take on Fintrix Markets
I've looked at a lot of brokers over the years, and Fintrix Markets does something different. They talk about how orders get routed through their system rather than how many markets you can access from the homepage. Whether that translates into better fills for retail accounts is the thing worth testing.
The team running the operation have backgrounds at established brokerages, not random tech companies. That kind of experience usually shows in how a platform handles fast-moving markets and how quickly issues get resolved when something goes wrong.
What works
Based on my experience and questions to their team, these are the areas where Fintrix holds up.
{The order routing feels fast. I ran several orders during active sessions and each one filled without drama. That's a good sign for anyone trading during news events.|Fills were fast during my testing. I specifically placed orders when markets were moving fast to see whether fills would slip. Each order filled at or very close to my entry price. That's exactly what I look for when assessing a broker's infrastructure.
{Support actually responds at odd hours. Received an actual reply in under ten minutes, not hours. The reply was specific to site my question. They cover several languages too, so traders aren't left waiting for English-speaking hours.|I always test broker support at antisocial hours because that's when you actually need it. Fintrix replied at 3am on a Tuesday with a proper answer, not a canned template. Took about seven minutes. They also operate in several languages, which matters if you're based somewhere that isn't the UK or Australia.
The instrument selection covers the main categories: currency pairs, indices, commodities. All accessible from one account with a shared margin pool. It's not the biggest selection available, but it covers what most active traders actually use.
Things that could be better
A few areas aren't quite right, and these are the ones I'd want to know about if I were in the research phase.
Mauritius FSC regulation is real, but it's offshore. You won't get the compensation fund that tier-1 regulators require, or the comparable EU fund. Your money is held separately from company money, which is better than nothing, but the backstop just isn't there.
The fee structure is completely hidden from the public site. What you'll pay in spreads and commissions: you have to send a message. I understand that some brokers prefer personalised pricing conversations, but it makes it a pain to benchmark their fees before you've gone through the effort of contacting them. Publishing even rough spread ranges would help.
They haven't been in the market long enough to have years of reviews and complaints. That cuts both ways: there aren't withdrawal complaints everywhere, but there also isn't a long trail of happy clients vouching for them. Time will fix this, but right now you're going with a newer outfit.
Who should (and shouldn't) bother
If you're someone with a few years of trading behind you based somewhere outside the UK, EU, or Australia and you pay attention to how your trades get filled, Fintrix is worth testing. If you need an FCA licence and a compensation fund behind your deposits, keep looking.
If you're new to trading or you're based in a jurisdiction with strong tier-1 regulators, you're better off with a broker licensed in your own jurisdiction. The protections are more important than any marginal improvement in order handling.
Where I land on this
Rating Fintrix Markets at 3.5 out of 5. On the plus side: a team that's actually been in the industry, fills that held up under pressure, and customer service that actually works around the clock. On the other side: offshore-only regulation and no way to see pricing without asking. That's an honest reflection of where the broker sits today.
Start with a modest deposit. Ask about costs before you deposit, pull some money out before committing more, and don't deposit anything you can't afford to lose. That goes for any platform, not just this one.