SCMN — Montenegro
FINVEO a.d. Podgorica
Regulated · No. 03/2-2/13-21
Finveo Review — Overview
Regulation
Offshore regulated
Licence
SCMN · No. 03/2-2/13-21
Licence status
Regulated
Platforms
MT4, MT5
Min. deposit
$100
Max. leverage
1:500
Instruments
Forex, indices, commodities, shares
Typical spread
1.6 pips (Standard account)
Operating
Est. 2018
Main market
US
Entity
FINVEO a.d. Podgorica
Website
Unknown
Finveo is a forex & CFD broker based in Montenegro, established in 2018. On Trust Broker Hub it holds a Trust Score of 4.4 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Finveo's licence comes from an offshore jurisdiction (SCMN). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
Finveo provides access to Forex, indices, commodities, shares. Published conditions include a minimum deposit of $100 and leverage up to 1:500. No complaints are currently on record. Overall, Finveo has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
Finveo currently scores 4.4/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a SCMN licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Always verify the licence directly before depositing
Regulation
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, indices, commodities, shares |
| Minimum deposit | $100 |
| Maximum leverage | 1:500 |
| Typical spread | 1.6 pips (Standard account) |
| Platforms | MT4, MT5 |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Finveo
Our analysis · editorial
4.4/10
A mixed risk profile
Finveo is regulated in an offshore jurisdiction (SCMN), which offers lighter oversight than tier-1 regimes. Based in Montenegro, it has been operating for about 8 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 4.4/10 — a mixed profile.
Strengths
- Operating for 8 years
- No complaints on record with us
- Supports MT4 & MT5 trading
- Accessible minimum deposit ($100)
Watch-outs
- Regulated only in an offshore jurisdiction — weaker investor protection
- Very high leverage available (1:500) — amplifies risk
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
Finveo — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag Finveo here if that changes.
Full specifications
Regulated region
Montenegro
Operating period
2-5 years
Main market
US
Licensed entity
FINVEO a.d. Podgorica
License status
Regulated
Instruments
Forex, indices, commodities, shares
Year founded
2018
Frequently asked
Is Finveo a safe broker?
Finveo scores 4.4 / 10 on our Trust Score, above the 3.3 industry average. It is only offshore-regulated, which means weaker protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the Finveo trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from Finveo?
Finveo publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.