Finq is an online broker that offers a choice of intuitive and sophisticated trading platforms, available as desktop, web, and mobile trading terminals. The broker offers CFD trading on over 2100 instruments across multiple asset classes, such as Forex, cryptocurrency, commodities, energies, metals, indices, stocks, bonds, and ETFs. They offer flexible account types and funding methods to cater for different traders’ needs, and they charge no commission on deposits and withdrawals and provide 24/5 customer support.
Finq Review Introduction
In this Finq review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Finq.
Finq Platforms & Tools
The broker provides their traders with the Finq WebTrader, which is one of the most up-to-date platforms, with 90 edit tools, trading tools, analysis recommendation tools, and events & trade tools, which are used for analyzing the markets. The WebTrader has reliable execution and features to build and control portfolios from 7 asset classes, and it gives clients access to trade over 2100 assets. It runs directly on web browsers, such as Chrome, Firefox, Safari, and Edge. There are also mobile app versions for iOS and Android devices, which can be downloaded from Google Play and Apple stores completely free of charge.
They also provide the MetaTrader 4 platform, which is one of the most popular trading platforms. MT4 offers flexibility, one-click trading, and advanced technical analysis with an abundance of built-in trading tools, and it is available on desktop, web, and mobile devices. The broker offers access to the MT4 platform as a free download with over 370 assets covering 5 asset classes. Finq also provides other trading tools, such as Asset Trends and Economic Calendar.
Finq Research & Education
Finq provides all levels of education and tools to aid analysis and risk management. There are also training features on the WebTrader and MetaTrader platforms.
Finq Trading Accounts
Finq has 5 different account types, thereby providing a good variation for different trading styles, experience levels, and investment sizes. The minimum deposits range from $100 for Micro Account to $100,000 Exclusive Account. Other account types include Silver ($1,000), Gold ($10,000), and Platinum ($50,000).
There is also the Demon account with $10,000 virtual funds where traders can try out different trading platforms and strategies before going live.
Finq Account Funding
Finq accepts major credit cards, e-wallets, local payment methods, and wire transfers for deposits. They charge no commission fees on deposits and withdrawals. Please note that some methods may only be available to specific countries, while the processing times and transaction limits vary depending on the payment method used.
Finq Customer Service
Finq offers a multi-lingual customer service team available 24/5 to answer to all questions. They can be reached via email, telephone, or live chat.
Finq is operated by Dilna Investments Ltd, which is the primary payment provider and website operator. Dilna Investment Ltd acts on behalf of its mother company, Leadcapital Corp Ltd, which is authorized and regulated by the Seychelles Financial Services Authority (FSA).
Finq Review Summary
Finq is an online trading broker that offers powerful trading platforms that can be used across multiple devices, as well as many trading tools. They have a wide range of tradable instruments across multiple asset classes.
It is worth mentioning that some of the trading products and services in this Finq review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Finq broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.