Finq.com Review – Online Platforms, Commission, Leverage, Account Types, Features & more

In this review, we’ll pay heed to every point specifying why Finq.com is best.

Online brokerage services for a long time have continued to be the fertile ground for traders. Lots of big brokerage brands came into limelight, and the Finq.com is one of them.

However, this online trading platform isn’t that old. The Finq.com freshly rolled out in the financial market in 2017 and racked up millions of clients.

Traders from all across the world, love Finq.com for their day to day trading. That’s why the brand is quickly booming and boasting its top-class trading services to the traders worldwide.

Within a short time span, the brand has covered a long mile.

About Finq.com & Accepted Countries

Finq.com is one of the best Forex and CFDs brokerage that first broke into the financial market in 2017.

The platform has been cheering up traders from different regions with its first-class features and options.

However, the brand is new: its historical roots go back way further its foundation.

Most people recognize the brand name with FrexYard.com or Safecap Investment LTD. But currently, the brand has no relation with them.

Initially, the brand was launched to serve the Asian market only. Later, the brand’s merit traits and reliability helped Finq.com to submit its name in the global market.

That’s why, despite the fact that Finq.com is currently serving only a small section of the global market. Still, it has captured great success in such a short time.

This web-based online trading platform allows its clients to trade in multiple assets in a safe environment.

However, if you want to use Finq.com, you must be a citizen of the following countries – South Africa, Singapore, Thailand, Hong Kong, India, Kuwait, United Arab Emirates, Luxembourg, Qatar, etc.

Open a Forex Trading Account Now! – Fill up the Form

Finq.com Trading Platforms

Finq.com is a well-built online trading platform that specifically pays attention to modern clients’ demands.

For instance, you can use Finq.com on MetaTrader 4 platform, making it the best choice for CFDs and Forex traders.

You can also use Finq.com on the WebTrader Platform if you want to trade equities.

The overall trading platform is quite interactive, and you don’t stick at any point while venturing around. The built-in help guides you thoroughly on what to do, which ensures prompt execution.

It’s one of the best automating trading approaches where you can think about signing in. Finq.com is unique because it harnesses high-end technologies.

It also ensures that your investments are 100% safe.

Finq.com Mobile App

If you don’t have time to browse the computer to check out the market’s position, this app is for you.

Finq.com app provides a market report to its clients daily. Even though you’re outside or working indoors, this app is truly going to make you a pro-level trader.

The app is user-friendly and instant to use. It’s a well-built app with polished navigations.

Hence, everything that you can do on the web-based trading platform: the app provides you with the same.

Download the app in both Android or iOS devices and stay ahead in this trading journey.

Check out Mobile Apps of more Forex Brokers

Finq.com Commission or Brokerage

There’s no different spreads pattern in the Finq.com trading account: it’s fixed- 1.9 pips on EURUSD. Hence, it’s the big plus point of this trading platform.

It makes Finq.com an incredibly competitive platform. Also, there’s zero commission, so feel free to deposit and withdraw money.

These are the two most critical things that later create a tense situation for you. It can negatively impact your margin position.

For instance, if your margin is low, it’ll turn out losses. This is because little fees later come together to form a vast expense.

But Finq.com provides you with this concern as you can deposit or withdraw money without paying a single penny.

Finq.com Exposure or Leverage

Finq.com leverage offering depends on a trader’s experience level. For instance, it can go from 1:50 to a higher of 1:300.

But make sure that the risk associated with leverage goes higher as your greediness goes higher.

Hence, if you’re a pro-level trader, think about it deeply. But if you’re an amateur trader, stay away from it.

Payment Methods provided by Finq.com

The payment methods that Finq.com provides you are quite simple. Within a few simple steps, you can deposit or withdraw the money.

For the payment, you can use debit/credit cards. A bank transfer facility is also available.

If you’re a Neteller, Skrill, or FasaPay user, feel free to use them at Finq.com. (Note: you can withdraw the money through the same channel that you’ve previously used for deposits.)

However, there are no additional charges issued related to the payment process.

Find out Payment Methods provided by other Forex Brokers

Investment in Asset Classes or Markets by Finq.com

Finq.com offers a great range of tradable assets to its clients. For instance- investors can invest in 2000+ tradable instruments, including 60+ Forex currency pairs and 23+ international equity indices.

You can also trade indices, commodities, ETFs, bonds, and much more at Finq.com.

The massive range of investment classes implies you can implement a diverse strategy. You can save your money to fall into losses.

Though, these little things really make Finq.com the best choice for traders.

Finq.com Virtual Trading Account or Demo Account

Create a demo account at Finq.com, and with a few simple steps, sign up and start gaining top-class trading experience.

The $10,000 virtual money enables traders to learn how to invest in a virtual environment. While utilizing strategic approaches, you’ll be amplifying your skill level in this virtual simulation.

The same strategy you can then think about using in real-time trading. In the demo account, you get varying currency options to choose from, e.g., USD, ZAR or RUB.

So you can better immerse yourself in the trading environment. Even though you’re a pro-level trader or a new one, everyone should check in first at a demo account.

You’ll get lots of things to learn in this demo account.

Finq.com Offers or Deals

Finq.com does offer special deals and discounts to its clients. For instance- you can get a 25% bonus on your deposit.

If you refer to a friend, you can get a bonus.

Apart from these, Finq.com brings lots of deals and offers from time to time. In this way, Finq.com has remained proficient at excelling in the financial market within a few years.

However, there are only a few online trading platforms that offer attractive deals and offer to clients. Finq.com is one of them.

Finq.com Regulation or Licensing

Finq.com is holding a license from FSA (Seychelles) only. However, most of you might find it a major negative aspect of Finq.com, because it isn’t a reputable regulator.

Though, it’ll be wrong to conclude Finq.com a scam. Despite the fact that the brand holds a low-level license, it satisfies its customers globally.

Still, it’ll be much better not to put your entire investments here. The brand is slightly back in proving its financial strength that’s why in western countries, Finq isn’t yet famous.

Though, for people who live in Asia, this thing doesn’t bother that much.

Find out Regulations & Licensing of more Forex Brokers

Finq.com Features

Now, let’s shed light on the features that Finq.com offers to its clients. Most notably, the educational materials which cover critical topics amp up your skills in trading.

Through tutorials, Finq.com transforms you from a novice trader to a pro-level investor. The economic calendar and market outlooks keep you updated with the latest shifts in the market.

The FAQ section is the major plus point of this Finq.com. Altogether, Finq.com offers you a great variety of features that truly raise your standard in the financial market.

These features also enable you to build a plan and execute it at the same time.

Finq.com Account Types

Finq.com has kept everything more simplified. That’s why you get account variations that allow the traders to choose as per their requirements. These include-

Silver Account

Under the Silver account, a user will have to deposit at least $100 in the account. After this, a trader can start using both mobile and web-based trading platforms.

Gold, Platinum, and Exclusive Accounts

These are the big accounts that mostly pro-level traders prefer to use. These accounts include everything that you get in basic and classic accounts.

Few features that you cannot use in the previous accounts, these premium accounts provide access to all.

However, the deposit amount of these accounts is enormous. For instance, if you’re using the Gold account, you should have a minimum $5000 deposit.

On the other hand, if you choose Platinum or Exclusive Account, you should have $50,000 to $100,000 as a minimum deposit amount.

Though, while choosing the account, you’ll notice highlighting the benefits of each account. The bigger you choose, the better you get.

Finq.com Account Opening Process

It’ll hardly take a few minutes to start trading on Finq.com. You just need to follow a few simple steps for the account opening process, and that’s it.

1. Sign in using email addresses and date of birth and mention your residential country.
2. Add further details to the system.
3. Select account type (e.g. as stated above)
4. Accept the terms and conditions.
5. Go through the verification process, and that’s all!

Finq.com Trading Account Features

Check below all the trading account features under various account types:

Finq.com – Research & Advisory

Find below all the different reports and support provided by its Research & Advisory team:

Finq.com Benefits

Every plus point of Finq.com is self-evident: there’s nothing too complicated about this trading platform.

• The platform shows good support for its clients, even though you’re a beginner or expert trader.
• Market coverage is superb, providing a wide range of options to the clients.
• Trading conditions are clear.
• Diverse asset classes offering.
• High Leverage with Low spreads.

Finq.com Drawbacks

• The regulatory status makes com a slightly unfavorable option.
• You can’t use Finq.com in several foreign countries.

Finq.com Trading Hours

Trading hours play a crucial role to bring the plan into action. For instance- in Finq.com, a trader gets access to 2000+ assets.

Though the platform is open 24 hours a day, still, you’ll have to adjust your strategy as per the original market’s trading hours.

To avoid certain unpredictable issues, Finq.com allows you to trade on weekends too.

Finq.com Customer Care or Contact Details

On the occurrence of any problem, you can contact the Finq.com customer support team using email or telephone. There’s no live chat support available.

So choose one of these options and throw in your queries any time during business hours (Monday to Friday). The customer support team can reply to your queries in a single language – English.

Hence, if you aren’t good at it, you are probably going to encounter a problem here. You can get the contact details at Finq.com’s official website.

Finq.com Safety & Security

Over the last few years, a significant hike has been observed in cybercrimes. That’s why, while trading online, it’s the key point that one must pay attention to.

Finq.com also believes that it’s an essential point. That’s why the platform provides you with a secure payment gateway.

Your payment goes through safe and reliable payment portals. So, you’ll surely not be going to face any issue related to the transaction.

Feel free to deposit and withdraw money. Also, the data you provide to Finq.com is safe and confidential. So without any tension, you can start trading.

Finq.com Rating & Reviews by Top10StockBroker

Based on different users and their experiences below are the company rating and reviews:

Finq.com – Conclusion

For many, Finq.com can’t be the best option. Still, because of the major plus points of this online trading platform, people use it.

Especially, clients from Asian countries, recommend using Finq.com. The biggest underlying reason is, the platform offers you free of commission deposit and withdrawals.

You get great deals and offers on this online trading platform which is hard to find.

Both mobile and web-based platform is advanced and easy to use. However, for a few traders, trading on Finq.com is a subject of questions.

They want to trade using Finq.com because of its attractive features and offers, but they step back. The major reason lies in its licensing, which isn’t authorized by top-tier regulatory bodies.

Therefore, if you are having some trust issue, you can begin from basic or classic accounts which require a minimum deposit.

Open a Forex Trading Account Now! – Fill up the Form

Learn everything about Forex Trading