Finaguide

Finaguide Review – Another Scam Broker? Let’s Investigate

When choosing a broker, the biggest mistake traders make is assuming that just because a website looks professional, it must be legitimate. But as we’ve seen time and time again, scam brokers know exactly how to appear trustworthy—until it’s too late.

Today, we’re looking into Finaguide, a forex broker that claims to offer a cutting-edge trading platform and great conditions. But is it really a reliable place to trade, or just another fraudulent scheme designed to drain your funds?

We’ve dug deep into their licensing, domain history, and user reviews, and what we found raises serious red flags. If you’re considering opening an account with Finaguide, read this first.

Finaguide – Broker Information

To give you a clear picture of what Finaguide offers (or pretends to offer), here’s a breakdown of their trading conditions:

Key Takeaways:

• High minimum deposits: A legit broker usually offers accounts starting from $10-$100. Finaguide’s $2500 minimum deposit is extremely high, which is a classic scam tactic to get more money upfront.
• No leverage details: A real broker always discloses leverage ratios. The fact that Finaguide hides this information is suspicious.
• Unregulated & anonymous: Without regulation, there’s zero protection for traders. If they steal your money, you have no way to get it back.

In short, everything about Finaguide’s setup looks like a trap for unsuspecting traders.

Finaguide Scam Investigation: Domain Creation Date

Let’s talk about Finaguide’s domain. A company’s online presence can reveal a lot about its credibility, and one key factor is when their website was registered. Now, Finaguide claims to be established in 2020, which sounds reasonable for a broker trying to appear experienced. But here’s the problem—when we checked the actual domain registration date, it turned out to be December 31, 2021.

Why does this matter? Because if a broker has been around since 2020, why did they only buy their website a full year later? This is a classic red flag. Legitimate brokers don’t wait a whole year to establish their online presence. Instead, they secure their domain early, especially if they are serious about long-term business.

And here’s another thing—many scam brokers manipulate their “established” dates to appear older and more trustworthy. They know that traders prefer brokers with history, so they simply fake it. But in Finaguide’s case, the domain registration date exposes the lie.

Could there be a valid explanation? Not really. If a broker genuinely existed in 2020 but only got their website in 2021, where were they operating before? No trace, no alternative domain, no historical records—nothing. That’s not how real financial companies work.

So, from just this simple check, Finaguide already raises suspicion. And we’re just getting started.

Finaguide Scam Investigation: Fake or Missing License?

A legitimate broker must have a solid regulatory license from a recognized financial authority. Otherwise, they can do whatever they want with your money—because no one is watching them. So, what’s the situation with Finaguide? Well, it’s exactly what you’d expect from a shady operation: they have no valid license.

According to our investigation, Finaguide is listed as “Without license” under the regulation column. No FCA (UK), no CySEC (Cyprus), no ASIC (Australia)—nothing. This means no legal framework, no oversight, and no protection for your funds. If they decide to freeze your withdrawals or simply disappear, there’s no financial authority to hold them accountable.

Think about it. Why wouldn’t a supposedly professional broker get regulated? The process isn’t impossible—it’s just that scam brokers don’t want rules. They don’t want limits on how much they can manipulate trading conditions. They don’t want restrictions on their leverage or withdrawal policies. And, most importantly, they don’t want to be forced to return your money if things go south.

Some scammers go a step further and fake a license by listing a random offshore regulator—something like “Mwali International” or “SVG FSA.” But Finaguide doesn’t even bother with that. They operate completely outside any legal structure, which tells us one thing: they are not interested in fair trading.

So, if a broker like Finaguide has no license, what’s stopping them from running a Ponzi scheme? What’s stopping them from rigging trades, manipulating spreads, or outright stealing deposits? The answer is simple: nothing.

Finaguide Scam Investigation: Suspicious Trustpilot Reviews

If you want to know whether a broker is trustworthy, one of the easiest ways is to check what real users say about them. But here’s where things get interesting—scam brokers manipulate reviews to appear more legitimate. And when we checked Finaguide on Trustpilot, the signs of review manipulation were clear.

Low Rating and High Number of Negative Reviews

Finaguide has a 2.6-star rating on Trustpilot, which is already a bad sign. Any broker below 4.0 should raise concerns, but 2.6? That’s outright terrible. Out of 42 total reviews, 16 are negative, meaning nearly 40% of users had a bad experience. And let’s be honest—most traders don’t even bother leaving reviews unless something went seriously wrong.

Fake Positive Reviews? They All Sound the Same.

Now, here’s where things get suspicious. Even though the broker has terrible feedback, there are still some positive reviews. But when you actually read them, something feels off. Many of them are written in the same style, with generic praise like:

• “Great trading platform, withdrawals are smooth and fast!”
• “Customer service is very helpful, I recommend this broker to everyone.”
• “No issues, I’m happy with my trading experience.”

Notice anything? They don’t mention specific details like trading conditions, spreads, or actual experiences. They read like copy-paste reviews, possibly written by paid reviewers or even the broker itself. Real traders describe their experiences—fake ones just say vague positive things.

Consistent Complaints About Withdrawals

On the other hand, when we looked at negative reviews, they had a common theme:

• Users can deposit money easily, but withdrawing is a nightmare.
• Accounts get suddenly blocked after profits are made.
• Customer support stops responding when traders ask for withdrawals.

This is the classic scam broker pattern. They let you trade, they might even let you win at first. But when it’s time to withdraw? Suddenly, there are “technical issues” or “verification problems.” And before you know it, your money is gone.

So, what do we learn from this? Finaguide’s Trustpilot page confirms what we already suspected—this broker isn’t here to help traders. It’s here to take their money.

Final Verdict: Finaguide is a Scam Broker

After analyzing Finaguide from every angle, the conclusion is clear—this broker cannot be trusted. Every key factor that determines a broker’s legitimacy points to fraudulent behavior.

• Fake establishment date: They claim to exist since 2020, but their domain was only registered at the end of 2021. Why lie unless they’re trying to seem more reputable than they really are?
• No regulation: Finaguide operates without a license, meaning they have zero accountability. If they steal your money, there’s no authority to step in.
• Suspicious reviews: Their 2.6-star Trustpilot rating is a disaster, with tons of traders reporting withdrawal issues. The positive reviews? Likely fake, since they follow the same copy-paste formula.

The pattern is obvious—this is not a broker you can trust with your funds. Everything about Finaguide screams classic forex scam: a fake history, no regulation, and a flood of complaints about stolen money.

If you were thinking about depositing with them, don’t. There are plenty of real, regulated brokers out there. Finaguide, on the other hand, is just another trap designed to take your money and run.