Finq.Com Review

Category: Reviews | Author: Trading Brokers | Date: March 23, 2024

Navigating the world of online trading can be a daunting task, with countless brokers vying for your attention. Among these, stands out as an online trading broker offering a diverse array of financial instruments, including CFDs, Forex, stocks, commodities, indices, bonds, and ETFs. However, it’s crucial to approach this platform with a discerning eye. While advertises zero commission trading and competitive spreads, it’s worth noting that this relatively new broker lacks regulation from any major authority. In this article, we’ll embark on an exploration of, examining its regulation status, available platforms and tools, educational resources, market offerings, account types, and funding options. Our aim is to equip you with the knowledge needed to make a well-informed decision regarding the suitability of for your trading needs.

Pros & Cons

  • User-friendly platforms and tools (Finq WebTrader and MetaTrader 4)
  • Various educational resources (webinars, ebooks, videos, articles)
  • Zero commission trading for most CFDs
  • Wide range of markets and assets (over 2,100 instruments)
  • Competitive spreads for most account types
  • No MetaTrader 5 platform, which is more advanced and versatile than MetaTrader 4
  • No negative balance protection, which means that clients can lose more than their initial deposit
  • Lack of reputable regulation (only regulated by the FSA of Seychelles)
  • No demo account available for testing the platform and services
  • No phone or live chat support, only email and web form


Finq.Com Review

Finq.Com Review specializes in CFD trading, a financial approach that enables traders to speculate on the price movements of various underlying assets, including Forex, stocks, commodities, indices, bonds, and ETFs. With a broad selection of over 2,100 CFDs, the platform offers zero commission trading, competitive spreads, and the option for leverage up to 1:300. To cater to traders with diverse experience levels and preferences, provides multiple platforms and tools, including the widely-used MetaTrader 4 platform, the WebTrader platform, and the Finq mobile app.

In terms of education, offers resources such as videos, articles, webinars, and ebooks to support traders in their quest to understand CFD trading and enhance their skills. offers a variety of account types, including Silver, Gold, Platinum, Exclusive, Classic ECN, and Pro ECN accounts, each with its own set of features and benefits. These features encompass welcome bonuses, daily analysis, premium customer support, and more. Regarding funding, supports various methods for deposits and withdrawals, including credit cards, debit cards, wire transfers, Skrill, Neteller, FasaPay, and others, offering traders flexibility in managing their finances on the platform.

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AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Regulation operates under the brand name of Leadcapital Corp, a company registered in Seychelles and licensed and regulated by the Financial Services Authority (FSA) of Seychelles under license no SD007. This regulatory affiliation means that must adhere to the rules and regulations set forth by the FSA, encompassing requirements such as maintaining adequate capital, segregating client funds, offering fair and transparent services, and submitting regular reports. However, it’s essential to exercise caution, as the FSA’s reputation and rigor may not be on par with more recognized regulatory bodies like the FCA in the UK or ASIC in Australia. Consequently, may not extend the same level of protection and security that clients might find with brokers under these stricter authorities.

Moreover, it’s imperative to note that restricts its services to clients from certain jurisdictions, including the USA, Canada, Japan, Iran, Cuba, Sudan, Syria, and North Korea. As an added word of caution, prospective clients should thoroughly review’s regulatory policies, encompassing terms and conditions, risk disclosure statements, privacy policies, and complaints forms. These documents provide essential insights into the rights and obligations of both and its clients, as well as the inherent risks and procedures entailed in trading through For alternative options that fall under more established regulatory bodies, please refer to our list of regulated brokers.

Platforms & Tools

Finq presents two primary online trading platforms: the Finq WebTrader and the MetaTrader 4 (MT4). The Finq WebTrader, developed in-house, offers access to a diverse range of over 2,100 assets spanning seven asset classes, including CFDs, Forex, stocks, commodities, indices, bonds, and ETFs. Key features of the Finq WebTrader include fast execution, stop loss and take profit orders, limit and stop orders, and a trader’s trend bar. Moreover, the Finq WebTrader extends its accessibility through mobile apps for iOS and Android devices, enabling traders to engage in trading conveniently, complete with complimentary analysis tools and full functionality.

MT4 Platform

MT4 Platform

On the other hand, the MetaTrader 4 (MT4) is a widely recognized platform known for its support of automated trading, advanced charting capabilities, an array of technical indicators, and the ability to create custom scripts. It boasts compatibility with multiple operating systems, including Windows, Mac, Linux, and various mobile devices.

Finq.Com Platforms

Finq.Com Platforms

Additionally, Finq provides traders with a range of supplementary tools to enhance their trading experience. These encompass an economic calendar, information regarding weekly CFD expiration rollovers, and CFD expiration dates, as well as access to educational resources such as webinars, ebooks, videos, and articles, designed to support traders in developing their trading skills and performance.


Finq’s commitment lies in offering a comprehensive approach to trading, catering to traders across various experience levels by equipping them with education and analysis tools for effective risk management. The platform provides an array of educational resources designed to support traders in gaining a deeper understanding of CFD trading and refining their skills. They include;

  • webinars
  • ebooks,
  • videos,
  • and articles.

Moreover, Finq goes the extra mile by offering training sessions on the functionalities of their primary trading platforms, WebTrader and MetaTrader 4, both essential for online trading with Finq. These educational materials delve into a range of topics, encompassing;

  • trading strategies,
  • technical analysis,
  • fundamental analysis,
  • market trends,
  • trading psychology, and more.

It’s noteworthy that Finq extends its commitment to education by providing these resources free of charge to all registered clients. Accessible through both the website and the mobile app, these educational tools are readily available to help traders make informed decisions and enhance their trading prowess.


Finq provides a diverse array of markets and assets for online trading, offering traders a selection of over 2,100 instruments to choose from. Specializing in CFD trading, Finq enables traders to speculate on the price movements of various underlying assets without the need for ownership. Within its platform, Finq grants access to seven distinct asset classes, comprising Forex, stocks, commodities, indices, bonds, ETFs, and cryptocurrencies.

In the Forex market, Finq boasts a portfolio of over 50 currency pairs, encompassing majors, minors, and exotics. The stock market within the platform features an extensive offering of over 1,800 shares from globally recognized companies, including industry giants like Apple, Facebook, Amazon, and many others. Furthermore, the commodity market within Finq presents over 20 products, spanning valuable assets like gold, oil, natural gas, and coffee.

For traders interested in indices, Finq delivers access to over 30 indices, including renowned benchmarks such as the S&P 500, the NASDAQ 100, and the FTSE 100. In the bond market, the platform provides over 10 bonds, including notable options like the US 10-Year Treasury Note and the Euro-Bund. Additionally, Finq offers a selection of more than 30 ETFs, featuring options like the SPDR S&P 500 ETF and the iShares MSCI Emerging Markets ETF. Lastly, the cryptocurrency market within Finq boasts a choice of over 10 digital currencies, including well-known names like Bitcoin, Ethereum, and Ripple.


Finq offers a variety of account types to accommodate diverse trading preferences and financial resources. These include the Silver, Gold, Platinum, Exclusive, Classic ECN, and Pro ECN accounts, each tailored to specific needs.

  • Silver account: This standard account has a minimum deposit requirement of $100. It provides access to daily analysis, supports both desktop and mobile trading, offers 24-hour customer service, and includes educational tools. On average, the spread for EUR/USD is 0.6 pips.
  • Gold account: Designed as an upgraded option, the Gold account necessitates a minimum deposit of $10,000. It inherits the features of the Silver account and adds a welcome bonus of up to $2,000 along with lower spreads, averaging 0.5 pips for EUR/USD.
  • Platinum account: Positioned as a premium choice, the Platinum account requires a minimum deposit of $50,000. It mirrors the offerings of the Gold account while enhancing the welcome bonus to up to $4,000 and further reducing spreads to an average of 0.4 pips for EUR/USD.
  • Exclusive account: Tailored for elite traders, the Exclusive account demands a significant minimum deposit of $100,000. It replicates the features of the Platinum account while introducing exclusive customer support and the lowest available spreads, with an average spread of 0.3 pips for EUR/USD.
  • Classic ECN account: Geared towards ECN trading enthusiasts, this account requires a minimum deposit of $1,000. It offers fast execution, low spreads, and operates on a commission-based trading model. The average spread for EUR/USD is 0.4 pips, with a commission of $0.03 per unit for FX and metals.
  • Pro ECN account: The Pro ECN account, designed for advanced traders, mandates a minimum deposit of $50,000 and a minimum monthly trade volume of $2,000,000 USD. It shares the features of the Classic ECN account but features even lower spreads, with an average of 0.14 pips for EUR/USD, and higher commissions of $0.04 per unit for FX and metals.


Finq offers a variety of funding methods to cater to both depositing and withdrawing funds, ensuring flexibility for users. These methods include widely used options such as credit cards, debit cards, wire transfers, Skrill, Neteller, FasaPay, and others. It’s important to note that Finq does not impose any fees for deposits and withdrawals, although it’s worth being mindful that certain third-party providers may have their own charges. In terms of processing, Finq aims for efficiency, typically processing deposits and withdrawals within one business day. However, the actual processing time may vary based on factors like the chosen funding method and the specific bank involved.

To uphold security and regulatory compliance, Finq mandates client identity and address verification before any transactions can occur. Additionally, clients are required to use the same method for both deposits and withdrawals. Lastly, it’s worth mentioning that Finq maintains a minimum withdrawal threshold of $50 or its equivalent in other currencies, ensuring accessibility for clients across various financial situations.


In conclusion, Finq presents a range of features and services for traders, including various account types, a diverse selection of assets, and multiple funding methods. It strives to provide a user-friendly experience with efficient processing of deposits and withdrawals. While these aspects make Finq a competitive choice, it’s essential to exercise due diligence when choosing a broker. Notably, Finq is a relatively newer player in the field, and its regulatory authority may not be as widely recognized as some other brokerage firms. Therefore, traders should carefully weigh their options and consider alternative brokers with longer track records and different regulatory backgrounds. To explore additional choices, we recommend perusing our trading broker reviews.

Finq Logo


Finq is an online broker that specializes in CFD trading, offering over 2,100 instruments from seven asset classes, such as Forex, stocks, commodities, indices, bonds, ETFs, and cryptocurrencies. It has various types of accounts to suit different trading styles and budgets, as well as multiple funding methods for deposits and withdrawals.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

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