A short review of Finiko

Passive Analyst
4 min readDec 3, 2020

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Everyone gets into the Crypto World to make money, but not all end up doing that. Investing is always an opportunity to make money, but it also carries risks. Loss of capital, liquidity, the rarity of dividends, dilution to name a few. But, the biggest risk is a scam. Scammers use various platforms to entice people to invest in cryptocurrencies, foreign exchange, and binary options. We are researching international investment platforms. We review the costs associated with each platform, the range of resources available, the technology behind each option — and discuss the pros and cons of your options.

Finiko is well known within the Russian Federation as a financial service Company that offer offers loans for cars and real estate. But also, they are trading and produce some really impressive results. Finiko is a large Company with serious resources and over one hundred offices across Russia.

Brief introduction

The Finiko is a group of professional traders that actively and efficiently trading in different markets. Finiko is an investment and fully automatic user-generated profit generation system that uses many trading tools and platforms. A partner of the Finiko system has several ways to make money. Sources of profit: 20 financial instruments, including Mosbirzha, Chicago stock exchange, Forex broker, Bitmex cryptocurrency. The platform offers beneficial investment conditions for serious investors, as well as an advanced Affiliate Program for other active participants. Finiko has the right strategy and has been well-advertised on the Internet.

The Company was launched in 2018. The CEO of Finiko is Kirill Doronin, a large entrepreneur from Kazan who is widely represented on the internet. Finiko hosts regular events such as AMA. AMA is an abbreviation for “ask me anything”, where people can ask questions and get the answer, and these events usually bring together a large number of people, who get answers to their even difficult questions.

Finiko has a YouTube channel where they host a live stream, webinars, news, and the channel is very active. They stated in the YouTube channel description — “Finiko is an automated profit generation system. It works on the principle of project risks, which are governed by the statistics of decentralized products.” Finiko hosts a charity event as well. “Love Living” is the most popular children’s charity event. All of this says that this is a very transparent Company which gives it a big plus.

• Finiko is a Financial service platform, founded in 2018

• The CEO of Finiko is Kiril Doronin

• The company is situated in Russia and have over one hundred offices

• They have their own debit card

  • Finiko is well-advertized on the Internet They host regular events with AMA

Let’s look into details and see the advantages of using Finiko.

Advantages:

• Finiko is licensed for exchanging Cryptocurrency against the FIAT

• Transparency — 100%

• Trading is ONE aspect of their business

• Big presence over the country

• High average monthly profit

• Possibility to withdraw cash with the card

In addition to the above, Finiko has about 500 branches around the world, over 100 experienced traders, 80 financial instruments, and hundreds of thousands of satisfied customers. This decision-making decentralization is one of the mathematical risk management strategies of the company. The company is constantly adding more instruments.

Some of the disadvantages we have found during this review are as follows:

Disadvantage:

  • 3.5 % deposit
  • No lock-in period
  • 20 days period for capital withdraws
  • 3 days profit withdraws

How it works

Briefly, the process includes registration (usually using referral link), opening a Bitcoin wallet, and deposit money in your personal Finiko account. Exchange CFR for INDEX CTI or another financial product in your personal account and after 3 working days your account will receive the first dividend in the amount of 1% -1.5% of the invested amount.

  • Register
  • Make a BTC wallet
  • Deposit your Personal Account
  • Exchange CFR for INDEX CTI or another financial product in your personal account

Now that we have introduced and explained the platform, let’s look at the marketing features.

Marketing features

  • Minimum investment amount: from $1,000
  • Minimum deposit: $3000 deposit with a 3.5% fee
  • Available payment systems: Bitcoin, Yandex Money, and bank cards
  • Withdrawal of funds: manually (up to 3 working days)
  • Minimum withdrawal amount: $100 with a 3% fee, also withdrawals take three (3) working days
  • Average daily profit is about 1%, monthly 21%
  • Paying out in a week: 5 days, Monday to Friday
  • Capital return: takes 20 working days for the assets to be gotten
  • Commission fees: 3.5% for the deposit; withdrawal fees are also present
  • Affiliate Program: from 3%

Based on all that has been said, we assess that Finiko is a low-risk company. We can encourage you to start trading using Finiko platform.

Disclaimer: We are not a financial adviser so we are not giving out financial advice. Please do your own research and due diligence before joining any crypto program. Also, only deposit funds you could afford to lose as there is a tremendous amount of risk involved. There is a chance you could lose some or ALL of your deposit. Good luck!

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