Finq.com Review 2022
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| Finq.com offer a great all round service with trading on 2100+ assets and immediate bonus offers. Up to $4000 in Deposit Bonuses. | ||
Finq.com is broker that offers traders Shares, forex, commodities, indices, bonds, cryptocurrency, ETFs. Finq.com allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.
In terms of features offered to traders, Finq.com has Demo Accounts, Islamic Accounts and Auto Trading but is missing Social Trading and Signals.
Cryptocurrency traders have a very decent number of coins to trade at Finq.com, 6 in fact: BCH, BTC, ETH, LTC, XRP and DASH.
Finq.com is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.
Finq.com Summary
Finq.com offer a great all round service with trading on 2100+ assets and immediate bonus offers. Up to $4000 in Deposit Bonuses.
Ratings
| Bonus | None |
|---|---|
| Instruments | Shares, forex, commodities, indices, bonds, cryptocurrency, ETFs |
| Demo Account | ✓ |
| Min. Deposit | $100 |
| Min. Trade | 0.01 lots |
| Regulated By | FSA |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✗ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✓ |
| Mobile Apps | iOS, Android and Windows |
| Auto Trading | EAs (MT4) |
| Trade Signals | ✗ |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✓ |
CFD Trading
Finq.com offers highly leveraged CFD products
| Leverage | 1:300 |
|---|---|
| FTSE Spread | 2.0 pts |
| GBPUSD Spread | From 1.0 pip |
| Oil Spread | 5.0 pips |
| Stocks Spread | <0.25% |
Forex Trading
Forex trading is offered on 55 pairs, with spreads from just 0.8 pips on the Exclusive account
| GBPUSD Spread | 0.3 pips |
|---|---|
| EURUSD Spread | 0.15 pip |
| EURGBP Spread | 0.4 pips |
| Assets | 55 |
Cryptocurrency Trading
Finq offers tight spreads on leading cryptocurrencies with 1:2 leverage
| Spread | 0.8 - 80 USD |
|---|---|
| Coins | BCH, BTC, ETH, LTC, XRP, DASH |
Payment Methods
Finq.com accepts the following payment methods:
- Credit Card
- Debit Card
- Wire Transfer
- Neteller
- FasaPay
- Skrill
- Mastercard
- Visa
- PayPal
FAQ
Is Finq.com Safe?
In our review we gave Finq.com a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that Finq.com is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.
Does Finq.com Accept PayPal?
Yes, Finq.com does accept PayPal payments.
Is Finq.com Halal?
Yes, Finq.com does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does Finq.com support?
Finq.com only supports the MetaTrader 4 trading platform at this time.
Is Finq.com Regulated in the UK?
No, Finq.com is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for alternatives
Is Finq.com Regulated?
Yes, Finq.com is regulated by FSA.
The fact that Finq.com is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.
Finq.com vs Other Brokers
If you want to compare Finq.com with other brokers, use the detailed comparisons below.
Finq.com vs |
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| Finq.com offer a great all round service with trading on 2100+ assets and immediate bonus offers. Up to $4000 in Deposit Bonuses. | ||