Finq.com Review 2024
Minimum
deposit:
  • $100

Trading platform:

  • WebTrader
  • MetaTrader4
Regulation:
  • FSA
Bonus for deposit:
  • 0%

Finq.com Review 2024

Updated:
Updated: February 08, 2024

3.86

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $100

Trading platform:

  • WebTrader
  • MetaTrader4
Regulation:
  • FSA
Bonus for deposit:
  • 0%

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Summary of Finq.com Trading Company

Finq.com is a broker with higher-than-average risk and the TU Overall Score of 3.86 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Finq.com clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work. Finq.com ranks 232 among 406 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.

FINQ holds a strong position among CFD brokers, as it provides a lot of assets, high leverage, and reasonable trading fees, including tight spreads. Trader costs are on average lower than those of the broker’s competitors, which is also due to the absence of withdrawal fees. The company's clients work through top platforms that can be easily customized. There is neither full-fledged training nor alternative income options, except for the referral program with standard conditions. Based on a combination of factors, the broker can be recommended for review.

This broker offers CFDs (contracts for differences) on currencies, cryptocurrencies, stocks, indices, bonds, commodities, and ETFs (exchange-traded funds). There are more than 2,100 assets available to traders. The company offers 4 standard and 2 premium account types, plus a free demo account. The minimum deposit is $100, spreads are floating, from 0.14 pips, and the maximum leverage is 1:300. There are two trading platforms, namely MetaTrader 4 (MT4) and WebTrader. New clients can receive a welcome, deposit, or pending bonus subject to certain conditions. There is a standard referral program with payments for invited users. There are no other options for additional income, and the broker offers neither joint accounts nor copy trading. Deposits and withdrawals are possible using the most popular channels, including Visa/MasterCard bank cards, Skrill, Neteller, FasaPay, and others. Training includes only basic FAQs.

💰 Account currency: USD, EUR, and GBP
🚀 Minimum deposit: $100
⚖️ Leverage: Up to 1:300
💱 Spread: Floating, from 0.14 pips
🔧 Instruments: CFDs on currencies, cryptocurrencies, stocks, indices, bonds, commodities, and ETFs
💹 Margin Call / Stop Out: No

👍 Advantages of trading with Finq.com:

  • This broker offers CFDs on seven groups of assets;
  • Spreads are below market average and trading fees are comparable to the broker’s main competitors. For example, one fee is 0.08% for stocks on the Pro account);
  • Moderate leverage increases the profit potential of a trader without a critical increase in risks;
  • The most popular platforms are available for trading, including MT4 mobile version;
  • Six live account types provide for getting the most individualized offer;
  • There are no restrictions on trading, thus scalping, hedging, and the use of advisors are allowed;
  • New clients can count on a number of bonuses that increase capital at the start.

👎 Disadvantages of Finq.com:

  • More than 2,000 assets are available to traders, but all of them are contracts for difference (CFDs);
  • There are no options for additional income, except for the referral program;
  • Residents of Germany, France, Australia, Japan, Israel, New Zealand, and a number of other countries cannot become clients of this broker.

Evaluation of the most influential parameters of Finq.com

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

3.39

/10

Regulation and safety The score for this parameter is based on the licenses a company holds. The higher the level of the license, the higher the score. Obtaining licenses in other jurisdictions also improves a broker’s score. We divide all licenses into three levels:

Level 1 jurisdictions (high level of trust): CFTC – USA, FINMA – Switzerland, FCA — UK, ASIC – Australia, CBI – Ireland, JFSA — Japan, MAS – Singapore, FMA — New Zealand, IIROC – Canada, SFC – Hong Kong.

Level 2 jurisdictions (medium level of trust): CySEC – Cyprus, FSCA – South Africa, CBRC – China, SEBI – India, ISA – Israel, SECT – Thailand, DFSA – United Arab Emirates

Level 3 jurisdictions (low level of trust): FSC – Belize, FSC – British Virgin Islands, FSC – Mauritius, VFSC – Vanuatu, SCB – The Bahamas, BMA – Bermuda, CIMA – Cayman Islands

4.39

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

6.86

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

7.40

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

3.83

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

2.98

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

2.71

/10

Trade with this broker, if:

  • You value transparency and clear communication with respect to fees. Information about their fees and spreads is readily available on their website, indicating a commitment to providing transparent details to traders.

Do not trade with this broker, if:

  • Regulation is a top priority for you. Finq.com's regulatory status is unclear, and being registered in St. Vincent and the Grenadines raises concerns due to the less stringent regulations prevalent there compared to top-tier authorities.
  • Limited information with respect to the broker is a red flag for you. Finq.com's website lacks detailed information about the company, team, and trading platform features.

Geographic Distribution of Finq.com Traders

Popularity in

34.95%
LK
Sri Lanka
29.13%
AE
United Arab Emirates
27.53%
IN
India
7.5%
KW
Kuwait
3.42%
LB
Lebanon
3.03%
CY
Cyprus
2.88%
OM
Oman
2.85%
BH
Bahrain
2.75%
QA
Qatar
2.65%
SA
Saudi Arabia
5.31%
Others
Others

Finq.com Latest Comments for 2023 i

40 comments
Total score:
3.4 /10

Share your experience

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hardeep
1 week ago

Everything is fine, trading with Finq.com is going as it should be. During the year I did not notice any serious deviations in quotes. Unfortunately, there are non-market quotes. And there will be a problem if the trade closes at such a quote. But I didn’t have such situations. So I have no comments about working with Finq.com. I withdrew my profit three times.

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abdullah
5 weeks ago

I have been working with Finq.com for more than six months. At the moment my account is in profit. I have already tried to withdraw funds. The platform suits me. Currently, I am not using aggressive trading. Overall, Finq.com suits me.

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prasannab3d
7 weeks ago

Unfortunately, Finq.com is not a broker. First, there is a high fee. Second, the platform malfunctions and the analytics are very weak. You definitely won’t be able to earn anything here, but will only lose your money. Look for a good broker.

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ajinduty
11 weeks ago

Finqcom stole my money, both the $1,000 deposit and the $450 profit. I logged into my user account, and it was empty. The history showed several trades with huge volumes and losses. Finqcom managers ignored my complaint. That's how I lost my money!

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mrk4151
14 weeks ago

Finq.com is another company that is aimed to make traders suffer losses, because artificial problems occur on this platform. For example, I open an order to sell the EUR/USD pair. The expected profit is 25 pips. But the order is opened with a slippage of 17 pips. So how is it possible to make a profit here? No, I do not recommend Finq.com for trading.

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hassanjalil
14 weeks ago

At Finq.com, the WebTrader platform performs very poorly. While trading through a computer may go relatively smoothly, trading and making a profit through the browser is impossible. If I enter the market during the release of important news, my trade will be opened at the worst possible price. I have contacted Finq.com's technical support many times, but no one has resolved the issues.

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topaz790
16 weeks ago

Finq also takes a very long time to withdraw profits. I submitted a withdrawal request two weeks ago. And responding to all my tickets, support service offers to wait and not be nervous. They now allegedly have a very busy financial service. But for some reason I don’t believe them.

Expert Review of Finq.com

This broker started its work in 2017 and is controlled by Lead Capital Services Ltd. The company is officially registered and regulated by the Financial Services Authority of Seychelles (FSA, SD007) with a verified license. The company operates legally, transparently, and fulfills its obligations to its clients. The analysis of archived data did not reveal unresolved conflicts or situations when a trader had to apply to the regulator.

Trading conditions are generally standard for a CFD broker. Although in some ways FINQ outperforms its competitors. The first thing to note is the variety of account types. Clients can open a free demo account with virtual $10,000, as well as any of the six live accounts, which are quite different from each other in spreads, fees, and other trading elements. Two account types are positioned as premium and are designed for more experienced players. These are Classic and Professional accounts. They have extremely low costs: for example, on the Professional account spreads start from 0.14 pips, and the fee for stocks is only 0.08%.

There are over 2,100 CFDs on seven groups of assets, including currencies, cryptocurrencies, and securities. You can deposit and withdraw funds by bank transfers or cards and through popular electronic payment systems. The minimum deposit is only $100 for the Silver account and the minimum withdrawal limit is only for bank transfers. But this is a requirement of the banks, not the broker. Traders receive comfortable conditions and high-profit potential with leverage of up to 1:300 and the absence of trading restrictions.

There are very few analytical tools. The Trading Center, which includes professional analytics, is available in the user account after registration. The possibilities of the Trading Center are determined, among other things, by the account type, thus premium accounts receive more information about the markets. This can be defined as a disadvantage of the broker because it has competitors that provide equal opportunities for all account types. Another disadvantage is the absence of PAMM accounts and copy trading. The referral program is standard.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Dynamics of Finq.com’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets and Products of the Broker

Some brokers offer alternative options for income, in addition to active trading. These can be the purchase of physical stocks with dividends, copying trades, participating in MAM and PAMM accounts, or investing in cryptocurrency staking. The availability of such solutions is an absolute advantage, but it is not a priority, because most traders come to brokers to trade and earn money on their own. FINQ is one of the brokers focused exclusively on providing standard brokerage services. The only alternative income option is the referral program.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Refer a Friend program

This broker’s clients receive a special link in their user accounts and can place it online at their own discretion. Everyone who clicks this link becomes a referral of its owner. Referrals bring the link’s owner a cash bonus, which depends on the amount of their first deposit. If they deposit up to $499, the link’s owner receives 20% of the amount; if the deposit is up to $1,999, traders receive a fixed amount of $150. When referrals deposit up to $9,999, traders who invited them receive $250, while for deposits up to $20,000, the broker will provide a $400 reward. There are no additional conditions, except that referrals need to register and replenish their accounts. You can only receive one payout per referral. After inviting five referrals, the bonus is irrelevant.

Trading Conditions for Finq.com Users

If a broker offers multiple account types, the minimum deposit usually depends on the chosen type. The minimum deposits with FINQ totally depend on the account type. For example, the Silver account requires a minimum deposit of $100, the Gold account requires a minimum of $10,000, and to open the Exclusive account it is necessary to deposit from $100,000. Account types also differ in trading costs and conditions. Although leverage for all accounts is the same, as it depends only on the asset. Like other brokers, FINQ offers the highest trading leverage of 1:300 for trading currency pairs. Client support can be contacted via WhatsApp, email, and live chat, and is available 24/5.

$100

Minimum
deposit

1:300

Leverage

24/5

Support

💻 Trading platform: MetaTrader 4 and WebTrader
📊 Accounts: Classic, Silver, Gold, Platinum, Professional and Exclusive 
💰 Account currency: USD, EUR, and GBP
💵 Replenishment / Withdrawal: Visa, MasterCard, Diners Club International, Skrill, Neteller, FasaPay, and Discover
🚀 Minimum deposit: $100
⚖️ Leverage: Up to 1:300
💼 PAMM-accounts: No
📈️ Min Order: 0.01
💱 Spread: Floating, from 0.14 pips
🔧 Instruments: CFDs on currencies, cryptocurrencies, stocks, indices, bonds, commodities, and ETFs
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: Market execution
⭐ Trading features: Virtual $10,000 on a demo account;
Six live account types;
Low entry threshold;
Over 2,100 assets;
Flexible conditions for spreads and fees;
Several bonuses for new clients;
Two trading platforms;
No options for passive income.
🎁 Contests and bonuses: Yes, including bonuses from Traders Union

Comparison of Finq.com with other Brokers

Finq.com RoboForex Eightcap Exness Gerchik&Co Pepperstone
Trading
platform
MetaTrader4, WebTrader MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader MT4, MT5 Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MetaTrader4, MetaTrader5 MT4, MobileTrading, WebTrader, cTrader, MT5, TradingView
Min deposit $100 $10 $100 $10 $100 $1
Leverage From 1:1
to 1:300
From 1:1
to 1:2000
From 1:30
to 1:500
From 1:1
to 1:2000
From 1:1
to 1:100
From 1:1
to 1:400
Trust management No No No No Yes No
Accrual of % on the balance No No No No No No
Spread From 0.4 points From 0 points From 0 points From 1 point From 0 points From 0 points
Level of margin call
/ stop out
100%  /  50% 60%  /  40% 80%  /  50% No  /  60% 100%  /  50% 90%  /  20%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution Instant Execution
No deposit bonus No No No No No No
Cent accounts No Yes No No No No

Broker comparison table of trading instruments

Finq.com RoboForex Eightcap Exness Gerchik&Co Pepperstone
Forex Yes Yes Yes Yes Yes Yes
Metalls No Yes Yes Yes Yes Yes
Crypto Yes No Yes Yes Yes Yes
CFD Yes Yes Yes Yes Yes Yes
Indexes Yes Yes Yes Yes Yes Yes
Stock Yes Yes Yes Yes Yes Yes
ETF Yes Yes No No Yes Yes
Options No No No No No No

Finq.com Commissions & Fees

Information
There are three types of brokerage fees that matter to a trader, namely, spreads, trading fees, and withdrawal fees. These are a trader’s main costs. With FINQ, the actual cost depends on the account type chosen by a trader. For example, spreads on the Silver account start at 0.6 pips, while on the Exclusive account, they start at 0.3 pips. The asset being traded also matters. For example, on the Silver account, the minimum spread for the EUR/USD pair is 1.9 pips, and on the Exclusive account, it is 0.8 pips. Fees are also different. On the Silver account, the fee for stocks is 0.20%, and on the Exclusive account, it is 0.08%.
Account type Spread (minimum value) Withdrawal commission
Silver $6, fee for stocks is 0.20% No
Gold $5, fee for stocks is 0.16% No
Platinum $4, fee for stocks is 0.12% No
Exclusive $3, fee for stocks is 0.08% No
Classic $4, fee for stocks is 0.16%, for currency pairs and metals it is $0.03 No
Professional $1.4, fee for stocks is 0.08%, for currency pairs and metals it is $0.04 No

FINQ does not charge withdrawal fees, regardless of the withdrawal channel used by a trader. This is an important advantage, because many brokers have this fee, and it can be quite high, especially when it comes to a fixed fee. In general, the performance of the broker looks attractive, its fees are close to the market average, while there are many brokers whose spreads and fees are much more significant. The comparative table below provides information on the fees of FINQ and two of its competitors.

Broker Average commission Level
Finq.com $3.9 Medium
RoboForex $1 Low
Pocket Option $8.5 High
Logo Finq.com
$3.9
$1
$8.5

Detailed review of Finq.com

The company has been on the market for 6 years, and its technological stack meets modern requirements. The execution of orders is at the level of 30-50 ms. FINQ works with tier-1 liquidity providers, including well-known banks. User funds and data are protected by SSL protocols and advanced architecture that minimizes the risk of system hacking. This broker takes full responsibility for the provided services. As a result, traders work on a fast, convenient, and secure platform that is as protected as possible.

FINQ by the numbers:

  • The minimum deposit is $100;

  • 6 live account types;

  • 2 trading platforms;

  • Over 2,100 assets in the pool;

  • Up to $4,000 deposit bonus.

FINQ is a CFD broker for active trading

The number and variety of assets largely determine the range of opportunities for traders. FINQ provides excellent conditions, namely over 2,100 CFDs on 7 asset groups. This means that traders can trade CFDs on currencies, cryptocurrencies, stocks, indices, etc. That is, they easily collect diversified portfolios in which the negative trend of one asset is compensated by the stable and developing positions of others. Moreover, the wider the pool of financial instruments, the more diverse strategies can be used. FINQ does not limit its clients, allowing them to apply any styles and methods. Given the acceptable trading costs, such conditions will be attractive to traders of any level.

Useful services offered by FINQ:

  • Economic calendar. This is a basic tool for fundamental analysis. The calendar displays the most significant events from the world of politics and economics that may affect quotes;

  • Trading Center. It is a comprehensive service of fundamental analytics. This broker's experts filter information from various sources and provide traders with concise conclusions.

Advantages:

1

This broker has a low entry threshold, so there is a free demo account, the minimum deposit is only $100, and three bonus types for novice traders;

2

Traders get comfortable conditions, such as a wide pool of assets, moderate leverage, and fast order execution;

3

Socially active users have access to additional income through the referral program with simple and understandable conditions;

4

Trading costs of clients are average or below average, and there is no withdrawal fee;

5

Technical support is highly rated by traders and experts and is available 24/5.

Guide on how traders can start earning profits

The most important moment at the start is the choice of the best account type for you. There are brokers whose accounts do not have a conceptual difference, but FINQ implements a standard practice, so the account types are very different from each other. First of all, they differ in the minimum deposit, spread, and fee. Note that ECN accounts are positioned by the broker as expert. These accounts are called Classic and Professional. They have tighter spreads and lower fees, but the minimum deposit is higher. However, the most significant minimum deposit of $100,000 is on the Exclusive account. But there is an extremely low spread from 0.3 pips and the smallest fees start at 0.08% for stocks. Thus, a trader needs to scrupulously approach the choice of the account type, focusing on available capital, real trading experience, and ambitions.

Account types:

Account Type
Description
Classic
The minimum deposit is $1,000, spreads are from 0.4 pips, and the fee for stocks is 0.16%. There is no access to the Trading Center, and support is standard;
Silver
The minimum deposit is $100, spreads are from 0.6 pips, and the fee for stocks is 0.20%. Trading Center, priority support, and daily analysis are not available;
Gold
The minimum deposit is $10,000, spreads are from 0.5 pips, and the fee for stocks is 0.16%. There is the Trading Center and daily analysis, but support works as standard;
Platinum
The minimum deposit is $50,000, spreads are from 0.4 pips, and the fee for stocks is 0.12%. Trading Center, daily analysis, and priority service are available;
Professional
The minimum deposit is $50,000, spreads are from 0.14 pips, and the fee for stocks is 0.08%. All options are available, and the account capabilities correspond to the parameters of the Exclusive account.
Exclusive
The minimum deposit is $100,000, spreads are from 0.3 pips, and the fee for stocks is 0.08%. All standard and premium features, including a personal manager, are available;

As a rule, if traders have not previously traded with the broker, they first open a demo account to explore its conditions. Further, in accordance with their own capabilities and preferences, users select one of the live account types and proceed to full-fledged trading.

Bonuses from FINQ

Brokers hold special promotions to lower the entry threshold or make trading conditions more profitable. As a rule, this is a welcome or deposit bonus. However, the company's clients should understand that bonus funds and funds earned with their help often cannot be withdrawn without fulfilling additional conditions. Often the bonus itself is not available for withdrawal at all.

Welcome bonus

Each trader who has registered with the broker for the first time can receive an additional $50 to their account along with the first deposit, regardless of its size. The bonus itself cannot be withdrawn; it will be taken away from the account in a month from its receipt. However, the funds earned with its help can be withdrawn, no additional actions are required.

Deposit bonus

Traders can choose a deposit bonus instead of a welcome one. In this case, they will receive additional funds to their accounts, depending on the deposited amount. The bonus size ranges from $20 for a $100 deposit to $4,000 for a $20,000 deposit. Profit earned using the bonus can be withdrawn without restrictions. But in order to withdraw the bonus itself, you need to trade a certain amount at the rate of “$20,000 = bonus $1”. Also keep in mind that you cannot trade with bonus funds until you have executed at least one trade with a deposit.

Pending bonus

By activating this bonus, traders must score a certain number of points within a specified period. Points are awarded according to the formula: (trade amount in USD/1,000) x coefficient of the traded instrument. The bonus is called pending because traders will not receive it until they reach the required number of points. After the conditions are met, the bonus will be added to the client's account. These funds can be traded and withdrawn without restrictions, as well as the profit received from their use.

Investment Education Online

Information

Traders are successful only if, in addition to active trading, they regularly improve their theoretical background through eBooks, specialized forums, and webinars. Some brokers provide their clients with training courses to improve their skills. FINQ is not among such companies, so traders will not find full-fledged educational programs there. Nevertheless, the website provides FAQs on working with the company and trading platforms, plus there is a blog in the Trading Center with news and analytics.

Information available with FINQ
Information not available on the FINQ website
Standard FAQs on working with the broker
Structured education
Instructions and tips on working with MT4 and WebTrader
Educational materials for experienced traders
News analytics

Since the broker does not offer comprehensive training, novice traders can only learn the basics on the website. There is no educational information for professionals. However, the information regularly published by experts in the Trading Center will be useful to all clients regardless of their experience.

Security (Protection for Investors)

Information

If a broker does not have official registration, don’t trade with it, as it is a scam. Registration confirms that the company operates within the laws of the country where it is headquartered. It also requires regulation by a competent organization at the international level. Lead Capital Services Ltd, which owns the FINQ trademark, is registered in Seychelles and regulated by FSA with a verified license.

👍 Advantages

  • Traders can contact client support of Lead Capital Services Ltd
  • This broker’s clients can apply to FSA
  • Contact Traders Union’s legal department for free consultation and representation. It protects its members’ rights without charge.

👎 Disadvantages

  • No opportunity to address any financial authority outside Seychelles
  • No opportunity to contact international regulators that do not control FINQ’s activities

Withdrawal Options and Fees

  • While traders are working on a demo account, they are trading virtual currency, so they do not receive profit that can be withdrawn;

  • As soon as they start trading on a live account, make a deposit, and start opening trades, their balance increases subject to successful trading;

  • At any time, traders can submit withdrawal requests through the appropriate option in their user accounts on the broker's website;

  • When withdrawing money by bank transfers, the minimum allowable amount is $100, while there are no minimum and the maximum limits when using other withdrawal channels;

  • This broker does not charge a withdrawal fee, but it may be charged by third parties involved in the process, such as banks or online transfer systems;

  • All requests are processed in the shortest possible time, any questions about withdrawals can be clarified via technical support.

Customer Support Service

Information

Client (technical) support is necessary for every broker, and it must provide prompt assistance at a high-quality level. After all, all traders sooner or later face difficult situations that they cannot solve on their own. And if they address support, but receive an insufficiently prompt or satisfactory answer, they may become disappointed with the broker and go to its competitor. FINQ’s client support works 24/5, that is, it’s not available on weekends. It is quite competent and can be contacted via email, WhatsApp, and live chat.

👍 Advantages

  • Technical support can be contacted via several communication channels
  • Managers are 24/5

👎 Disadvantages

  • Support is not available on weekends

Whether you are the broker’s client or just intend to register, you can clarify all controversial and confusing questions with managers by the following communication channels:

  • WhatsApp;

  • email;

  • live chat.

Note that FINQ has offices in Cyprus and Seychelles. You can also apply here for advice, but first check the website for working hours of the selected office.

Contacts

Foundation date 2018
Registration address Suite 3, Global Village Jivan’s Complex, Mont Fleuri Mahé, Seychelles
Regulation
Official site
Contacts

Review of the Personal Cabinet of Finq.com

To start working with this broker, register on its official website and make a deposit. In the future, account management will be carried out through the user account. TU experts have prepared the below step-by-step guide on registration and features of the FINQ’s user account.

1

Go to the broker's official website. Select the interface language in the upper right corner and click the “Start Trading” button.

Review of FINQ’s User Account — Registration
Review of FINQ’s User Account — Registration
Review of FINQ’s User Account — Registration
Review of FINQ’s User Account — Registration
2

Enter your email as your login, then make a password and enter it twice. Enter your referral code if you have one. Specify the basic currency of the account and click the “Create Account” button.

Review of FINQ’s User Account — Creating an account
Review of FINQ’s User Account — Creating an account
Review of FINQ’s User Account — Creating an account
Review of FINQ’s User Account — Creating an account
3

Enter your first and last names, date of birth, and nationality. Enter your registration address with a post code and mobile phone number. Then click the “Next” button.

Review of FINQ’s User Account —  Enter your personal data
Review of FINQ’s User Account — Enter your personal data
Review of FINQ’s User Account —  Enter your personal data
Review of FINQ’s User Account — Enter your personal data
4

Answer a few questions, provide the required information, and click the “Next” button.

Review of FINQ’s User Account — Provide your tax information
Review of FINQ’s User Account — Provide your tax information
Review of FINQ’s User Account — Provide your tax information
Review of FINQ’s User Account — Provide your tax information
5

Tell the broker about yourself by answering a few simple questions. Agree to the terms of service by ticking the two appropriate boxes. Click the “Finish” button.

Review of FINQ’s User Account — Answer some general questions
Review of FINQ’s User Account — Answer some general questions
Review of FINQ’s User Account — Answer some general questions
Review of FINQ’s User Account — Answer some general questions
6

Next, choose a bonus or you can refuse them. Select your deposit channel and follow the on-screen instructions to make your first deposit.

Review of FINQ’s User Account — Make a deposit
Review of FINQ’s User Account — Make a deposit
Review of FINQ’s User Account — Make a deposit
Review of FINQ’s User Account — Make a deposit
7

As soon as the funds are credited to the account, you can start trading through the selected trading platform (WebTrader is integrated with the user account, and MT4 must be downloaded on the broker's website in the appropriate section).

Review of FINQ’s User Account — Select a trading platform
Review of FINQ’s User Account — Select a trading platform
Review of FINQ’s User Account — Select a trading platform
Review of FINQ’s User Account — Select a trading platform

Features of the user account:

  • Since WebTrader is integrated into the user account, the broker's client can execute trades in it directly. You can switch between groups of assets in the menu on the left, and in the center of the screen there are charts, an archive of trades, and all the necessary information;

  • “Watchlist” and “Featured” tabs provide for keeping track of assets that interest you. Each asset can be detailed and filtered by the selected parameters. Charts are modified by time frames, also there is a basic set of tools for technical analyses;

  • Opened trades are displayed in the “Positions” block. The “Orders” block, respectively, provides access to active orders. In the “Alerts” block, traders can set personal alerts for events that will be activated in accordance with the specified triggers;

  • At the top right, there is a button to enter the profile settings. There, you can correct your personal data, change deposit/withdrawal options, set leverage, and set security parameters. There are also reports and technical support.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Finq.com Review Finq.com Review

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FAQs

Do reviews by traders influence the Finq.com rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Finq.com you need to go to the broker's profile.

How to leave a review about Finq.com on the Traders Union website?

To leave a review about Finq.com, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Finq.com on a non-Traders Union client?

Anyone can leave feedback about Finq.com on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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