November 2024 – This festive season, Finowiz is thrilled to announce its Diwali Bonanza, offering traders an array of exclusive rewards to celebrate the spirit of the season. Participants can enjoy incredible gifts simply by depositing and trading with Finowiz.
As part of the Diwali celebration, Finowiz has introduced an exciting IB Rewards Program designed to enhance the trading experience. The rewards include:
- Deposit $10,000: Receive a pair of Apple AirPods 4
- Deposit $25,000: Claim an Apple Smartwatch
- Deposit $50,000: Earn a 20g Gold Coin
- Deposit $1,000,000: Unlock a prestigious 50g Gold Coin
These limited-time offers are available until November 15, 2023. The more customers trade, the more rewards they can accumulate, making this Diwali not only a time of celebration but also a chance to enhance their trading journey.
Finowiz invites everyone to start trading now and make this Diwali a truly rewarding experience.
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| Feature |  XM Since 2009 |  Finowiz Since 2021 |
|---|---|---|
| Rating | ★★★★☆ | ★★★☆☆ |
| Regulation | CySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa) | FinCEN (United States) |
| Min Deposit | $5 | $100 |
| Typical Spread | 0.80 | 1.40 |
| Leverage (Max) | 1:30 | 1:500 |
| Platforms | MT4, MT5, Mobile, Proprietary, Web | MT5, Proprietary |
| Instruments | Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDs | Algriculture, Bonds, Commodities, Cryptos, Energies, Indices, Forex, Futures, Metals |
| Bonus | Yes | Yes |
| Robo Trading Allowed | Yes | Yes |
| Hedging Allowed | Yes | Yes |
| Scalping Allowed | Yes | — |
| Swap‑Free / Islamic | Yes | Yes |
| Action | Visit Broker | Read Review |
XM
Since 2009Rating
★★★★☆
Regulation
CySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa)
Min Deposit
$5
Typical Spread
0.80
Leverage (Max)
1:30
Platforms
MT4, MT5, Mobile, Proprietary, Web
Instruments
Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDs
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes
Finowiz
Since 2021Rating
★★★☆☆
Regulation
FinCEN (United States)
Min Deposit
$100
Typical Spread
1.40
Leverage (Max)
1:500
Platforms
MT5, Proprietary
Instruments
Algriculture, Bonds, Commodities, Cryptos, Energies, Indices, Forex, Futures, Metals
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Swap‑Free / Islamic
Yes
XM
Since 2009Rating
★★★★☆
Regulation
CySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa)
Min Deposit
$5
Typical Spread
0.80
Leverage (Max)
1:30
Platforms
MT4, MT5, Mobile, Proprietary, Web
Instruments
Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDs
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes
Finowiz
Since 2021Rating
★★★☆☆
Regulation
FinCEN (United States)
Min Deposit
$100
Typical Spread
1.40
Leverage (Max)
1:500
Platforms
MT5, Proprietary
Instruments
Algriculture, Bonds, Commodities, Cryptos, Energies, Indices, Forex, Futures, Metals
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Swap‑Free / Islamic
Yes
