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Finq Review: Is it legit, safe and trustworthy for UAE citizens and residents?

For a considerable amount of time, online brokerage services have remained to be the most fruitful area for traders. is one of the large brokerage businesses that came to the forefront of public attention recently. However, this internet trading platform has only been around for a very short while. was just recently introduced to the financial industry in 2017, yet it has already amassed millions of customers. Visit Finq Website. is a website that traders from all over the world like using for their day-to-day trading. Because of this, the brand is rapidly expanding and promoting the high-quality trading services it provides to traders all around the world.

The reputation of the brand has grown substantially in a very short amount of time. is one of the most reputable Forex and CFDs brokerages, and it entered the global financial industry for the first time in 2017. Forex Broker Traders in a variety of locations have expressed satisfaction with the platform as a result of its superior capabilities and configurations.

Despite this, the brand is relatively new; yet, its historical origins may be traced far further back than its establishment.

The majority of individuals are familiar with the brand name in conjunction with Safecap Investment LTD. However, as of right now, there is no connection between the brand and them.

The brand was first introduced with the sole intention of serving the Asian market. In later years, was able to establish its reputation in the international market with the assistance of the merit features and dependability of the brand.

Due to this reason, despite the fact that only serves a relatively little portion of the worldwide market at the moment. Despite this, it has already achieved a remarkable deal of success in such a short amount of time.

The users of this web-based online trading platform are provided with a secure setting in which they are able to deal in a variety of assets.

You must be a citizen of one of the countries listed below in order to use These countries include South Africa, Singapore, Thailand, Hong Kong, India, Kuwait, the United Arab Emirates, Luxembourg, and Qatar, among others.

For example, the platform is compatible with the MetaTrader 4 trading platform, making it the platform of choice for traders of CFDs and forex.

If you wish to engage in equity trading, you may also make use of via the WebTrader Platform.

The trading platform as a whole is really engaging, and you won't get stuck at any one moment when you're exploring it. Because the built-in support takes you step-by-step through what to do, you can be confident that the process will be carried out quickly.

When it comes to trading strategies that include automation, you should really consider joining up for this one. stands apart from other websites because it makes use of cutting-edge technology.

In addition to this, it guarantees the complete safety of any investments you make.

This app is for you if you don't have time to browse the computer in order to check out the current position of the market.

Daily market reports are made available to app users. This application will definitely elevate you to the level of a professional trader, regardless of whether you are working inside or outside.

The application is intuitive and requires no training to use. It is a well-built app with navigations that have been refined.

Therefore, the app offers precisely the same functionality as the web-based trading platform in terms of everything you can perform on it.

You may maintain your lead in this trading adventure by downloading the app on any device running Android or iOS.

In the trading account offered by, the spread on EURUSD remains constant at 1.9 pips and does not follow any other pattern. As a result, this is the most significant advantage of using this trading platform.

This renders an exceptionally cutthroat online marketplace. Additionally, there is no commission, so you are free to deposit as well as withdraw money whenever you choose.

These are the two most significant factors that will eventually lead to a stressful circumstance for you. It has the potential to adversely affect your margin position.

For example, if you have a low margin, it will result in losses for you. This is due to the fact that several little fees eventually add up to a significant cost.

On the other hand, eliminates this problem for you by allowing you to make deposits and withdrawals of money at no additional cost.

The amount of leverage available to traders on is proportional to their degree of experience. For example, it may range from 1:50 all the way up to 1:300 at its highest point.

Make sure, however, that the level of danger involved with leverage increases proportionately with the level of your greed.

Therefore, if you are a trader at the professional level, give it a lot of thought. However, if you are not an experienced trader, you should steer clear of it.

The payment options that gives its customers are straightforward and easy to use. You may either deposit the money or withdraw it in a matter of straightforward steps.

You are welcome to use either debit or credit cards for the payment. A feature for making bank transfers is also accessible.

You are welcome to use Neteller, Skrill, or FasaPay at if you are already familiar with these payment methods. (It's important to note that you may get your money back via the same method that you used to put in your first investment.)

On the other hand, there will not be any additional fees assessed as a result of the payment procedure.

The customers of have access to an extensive inventory of tradable assets. For example, investors have access to more than 2,000 trading instruments, which includes more than 60 foreign exchange currency pairings and more than 23 international equity indexes.

At, in addition to stocks and bonds, you may trade indexes, commodities, exchange-traded funds (ETFs), and a great deal more.

Because there are so many different types of investments, you have the ability to employ many strategies. You might put your money aside in order to suffer financial losses.

However, it's the simple features like this that truly set apart as the top option for traders.

You may start obtaining first-rate trading experience immediately by opening a demo account at, where you can also sign up in just a few easy steps.

Traders can practice their investment skills in a simulated setting with the help of the $10,000 in virtual money. Within the context of this digital simulation, you will be able to significantly improve your level of expertise by employing several strategic techniques.

The exact same method is one that you should consider utilizing when trading in real time. You are given a number of different currency alternatives to select from while using the demo account, such as US Dollars, South African Rand, or Russian Rubles.

So that you may more completely immerse yourself in the milieu of trading. It doesn't matter if you're an experienced trader or just starting out; everyone should get their feet wet with a demo account first.

This trial account will provide you with a great deal of information for you to learn.

It is true that provides its customers with access to exclusive sales and discounts. For instance- you may obtain a 25 percent bonus on your deposit.

You could be eligible for a bonus if you tell a friend about this opportunity.

In addition to these, frequently publishes a variety of bargains and offers on a regular basis. By continuing to flourish in the financial sector in this manner over the past few years, has maintained its capability to do so.

On the other hand, there are just a handful of online trading platforms that provide consumers with alluring bargains and offers. One of them is called

Only a license issued by the FSA (Seychelles) is currently held by On the other hand, given that it isn't a credible regulator, the vast majority of you may consider this to be one of's most significant drawbacks.

However, coming to the conclusion that is a hoax would be incorrect. Even though the brand only has a basic license, it is nonetheless able to fulfill the requirements of its international clientele.

However, it is strongly recommended that you do not place all of your money in this one location. Due to the fact that the company has yet to fully demonstrate its ability to support itself financially, Finq is not yet well known in western nations.

On the other hand, residents of Asia don't seem to be very bothered by this particular issue.

Now that we have your attention, let's discuss the many features that makes available to its customers. Most significantly, the instructional materials that cover important subjects and boost your trading skills are those that cover such areas.

You may go from being an amateur investor or trader to becoming an expert one by following the lessons on You are kept up to speed with the most recent movements in the market thanks to the economic calendar and market outlooks.

The Frequently Asked Questions area is by far this website's strongest selling feature. provides you with access to a wide range of features, all of which work together to raise the bar for you in the global financial market.

These capabilities also provide you the ability to construct a strategy while simultaneously putting it into action. has maintained a more straightforward approach to everything. Because of this, there are several types of trading accounts available so that traders may pick one that best suits their needs.

Silver Account: In order to qualify for the Silver account, a user will need to make a minimum deposit of one hundred dollars. After this, a trader will be able to begin using trading systems that are web-based as well as mobile.

The "Gold," "Platinum," and "Exclusive" Accounts are the "Big Accounts" that the majority of professional-level traders choose to utilize. These accounts come with all of the features that are available in the basic and classic accounts.

These premium accounts allow access to all functions, even the few that you were previously unable to utilize with the free accounts.

However, the quantity of money that may be deposited into these accounts is staggering. For example, if you want to use the Gold account, you need to have a deposit of at least $5,000.

On the other hand, if you go for a Platinum or Exclusive Account, you need a minimum deposit amount of between $50,000 and $100,000. This is because these accounts are more exclusive.

However, as you are selecting the account, you will see a highlight indicating the perks that are associated with each account. The larger the option you pick, the better it will be.

To get started trading on won't take more than a few minutes at most. For the account opening procedure, all you need to do is follow a few straightforward steps, and then you'll be good to go.

Sign in using your email address and date of birth, and be sure to identify the nation in which you now reside.

Include more information into the system.
Choose your kind of account (e.g. as stated above)
Take the terms and conditions into consideration.
Carry out the steps required for verification.

This trading platform is not overly difficult in any way, which is one of the many reasons why is such a successful venture.

The trading platform offers helpful support for its customers, regardless of whether they are new to the market or seasoned professionals.

The market coverage is excellent, giving customers a diverse selection of choices to select from.

The terms of trade are quite obvious.
Providing access to a variety of asset classes.
A high level of leverage combined with a narrow spread.

The business day's operating hours are an essential component in the overall execution of the strategy. For example, a trader on has access to more than two thousand different assets.

Even if the platform is available around the clock, you need still alter your approach to correspond with the hours when the original market is open for trading. gives you the ability to trade even on the weekends, which may help you avoid certain unforeseen problems.

You have the option of contacting the customer support team at through e-mail or by phone in the event that you experience any issues. There is no live chat help that can be accessed at this time.

Therefore, pick one of these alternatives, and put in your questions whenever it's convenient for you during work hours (Monday to Friday). Your questions can only be answered in one language by the customer service staff, and that language is English.

As a consequence of this, if you aren't very good at it, you are likely going to run into some difficulties here. On the official website of, you can find all of the contact information.

There has been a discernible increase in the number of cybercrimes committed over the course of the past few years. Due to this reason, it is the most important aspect of internet trading, and one must ensure that they pay attention to it. is of the opinion that it is a very significant point. Because of this, the platform will provide a safe payment method for you to use.

Your payment will always be processed through secure and reputable payment gateways. As a result, you won't have to worry about any problems that may arise as a result of the transaction.

You are free to make deposits and withdrawals at any time. Additionally, the information that you supply to will be kept private and secure. You are therefore free to begin trading without any anxiety. cannot possibly be the optimal choice for the majority of people. People continue to make use of this online trading platform despite the fact that it has a number of severe drawbacks. comes highly recommended by users from a variety of Asian nations in particular. The fact that the platform does not charge you any fees for making deposits or withdrawals is the most important underlying factor.

On this internet trading platform, which is not easy to come by, you have access to excellent discounts and offers.

The mobile and web-based platforms are both highly developed and intuitive to use. Trading on, on the other hand, is something that a few traders have doubts about.

They are interested in trading utilizing because of the appealing features and offers it provides, but they refrain from doing so. The fact that its licence isn't approved by higher-level regulatory organizations is the primary cause for this situation.

Therefore, if you are experiencing some issues with trust, you may start off with basic or classic accounts, both of which need a minimum deposit from you. is a CFD trading platform that gives users access to a diverse selection of assets that fall under the CFD umbrella. has created a reputation for itself by providing traders with the opportunity to trade more than 2,100 different CFD assets. These assets include equities, bonds, indices, Forex, and ETFs, among other things. The customer service representatives at are available twenty-four hours a day, five days a week, and there is no commission charged for using their services.

"Think Trading. Think Finance" is the company's motto, and the website lives up to it by providing a wide variety of resources for study and education. This broker has only been around for a short while in comparison to some of the more established trading platforms on the market, but it packs quite a punch and is already considered to be quite the rival. Finq already has millions of traders registered on its platform. In addition to having no commissions applied, you are eligible for welcome incentives worth up to $4,000. The benefits and drawbacks of using Finq are outlined below.


Trade more than 2100 securities across seven asset groups, including bonds and exchange-traded funds (ETFs).

Traders' Trend lets investors assess market sentiment

Model with no upfront fees and minimum payments as low as one hundred dollars (for all assets except CFDs on Stocks)


There was no MT5 made available (Only MT4)

There are no traders from the EU or the US.

According to the evaluations that can be seen on the Finq website, this site comes highly recommended for both novice traders and experienced market participants. There is a wealth of instructional material available that can instruct you on the fundamentals of trading from the ground up. Because CFDs trading in and of itself is not for inexperienced traders, it is probably rather uncommon for a complete newcomer to turn up at Finq's front door. Having said that, it is reassuring to be aware that this broker will, as the words of one novice trader put it, "coach [you] on how to trade."

Silver, gold, platinum, and exclusive are the four tiers of accounts available for use with Finq. Silver accounts are the basic accounts and feature instructional resources, desktop and mobile trading, customer care that is available 24 hours a day, and daily market analysis. A deposit of $100 is made by the holder of a silver account. Customers that deposit $10,000 into their gold accounts receive all of the benefits of the silver accounts, in addition to premium customer service.

Platinum account holders make a deposit of $50,000 and receive premium customer service in addition to all that is available in the gold account. Exclusive account holders make a deposit of $100,000, and in return, they receive all features available in platinum as well as the most favorable spreads. The general rule is that the greater your account level, the better your spreads will be.

The corporation known as Leadcapital Corp., which owns and is itself a subsidiary of Trade Capital Holding, is the parent organization of Since the headquarters of Finq are located on Mont Fleuri Mahe in the Seychelles, the Seychelles government is the one that is responsible for regulating this broker. The number SD007 is assigned to Finq as its registration number. You may see a complete list of Finq's terms, conditions, and policies by clicking the hyperlinks that are located on the "Regulation" page of the Finq website.

As was previously stated, Finq does not impose any commission or fee charges. Instead, it profits on the difference between the bid and the ask price. To determine the "Bid/Ask Spread," identify the difference in prices that are quoted for an instant sale of an asset and an immediate purchase of the asset. This will allow you to calculate the "Bid/Ask Spread." In practice, it refers to the disparity between the lowest price a seller is willing to accept for the transaction and the greatest price a buyer is willing to pay for the item.

When it comes to determining the quality of the user experience and the dependability of, you may consult aggregated review sites. These sites compile feedback from customers and provide a score based on that feedback (usually out of five stars). A 3.3 out of 5 rating was given to Finq by TrustPilot. A score of 2.4 out of 5 for, 2.4 out of 5 for, and 4.4 out of 5 for

In general, this broker is relatively new yet has a wide range of experience. Try out the demo account that Finq offers before making any permanent changes to your trading routine or signing up with a new broker. You won't regret it. Customers who need daily analysis and updates will also be satisfied with this broker. Those who are fans of the MetaTrader 4 will enjoy that this tried-and-true downloadable client is accessible for mobile and Mac users.

FinQ may be found online
Leadcapital Corp Ltd. Suite 3, Global Village - Jivan's Complex, Mont Fleuri Mahe, Seychelles is the location of the company's headquarters.

Which methods are available for making deposits and withdrawals? The following payment options are accepted: MasterCard, Maestro, Visa, Visa Electron, Skrill, and Neteller. fasapay is also an option. You also have the option of using a bank wire transfer.

When will people from the United States and the European Union get to join? It is up to the respective governments of the various nations. Finq will allow European Union (EU) and American merchants if the government gives its approval. Before that time, there is no possibility that anyone from these nations can join the brokerage in any manner, shape, or form.

How long does it take to make a deposit or a withdrawal? The amount of time it takes to deposit and withdraw money varies depending on the method that you employ. Expect a delay of two to five business days for transfers that do not include a bank wire, while a delay of up to 10 business days is possible for bank wire transfers. is a brokerage business that is owned and run by Dilna Investments Ltd.

Finding a reliable review, either locally or globally, may be a challenging procedure, particularly when it comes to locating a comprehensive list from a reliable and trustworthy source.

The following is a comprehensive analysis of that will assist you in making an educated choice on whether or not to establish an account with them or trade on their platform.

Companies that deal in foreign exchange, such as, provide its individual and institutional clients with an electronic trading platform that enables them to trade in a broad variety of market instruments. These market instruments include forex, commodities, financials, and shares.

The trader's instructions are carried out by the broker on the broker's behalf. is an online trading platform that specializes in providing its customers with access to more than 2,100 different financial instruments on markets like FX, indices, cryptocurrencies, ETFs, stocks, commodities, and bonds.

Traders may be confident that a competitive trading environment will be offered because the environment will offer transparency, large leverage, the absence of commission, and tight spreads. This environment will maximize profits and reduce risks.

Seychelles is the location of's main office. The firm was established in 2017 and since that time has moved swiftly to extend the geographic areas it operates in. It now provides services to citizens of a wide variety of nations, including Australia, South Africa, and India, amongst others.

Residents of some countries, such as those in the European Union and the United States, are unable to use's services since the website is prohibited in certain areas.

Forex brokers generate revenue by levying commission fees or spreads on the trades that their clients execute. Commissions are the fees that the trader pays to the broker for the broker's assistance in processing the transaction. Commissions are determined mostly by the kind of instrument and account that is being used.

Spreads are the difference between the ask price and the bid price of a deal. The bid price is the amount that the trader receives for selling an asset (what the trader pays for buying). Spreads may either be variable or fixed, based on factors such as the prevailing interest rate in the market.

In some circumstances, brokers will assess rollover costs, which are also sometimes referred to as swap fees, for positions that are left open overnight. These costs are calculated based on the interest rate spread that exists between the currency pairs that are openly traded in the position being taken.

The ratio of a trader's capital to the amount of the broker's credit is known as the trader's leverage and is provided by the broker to the trader so that the trader might possibly raise their money. To put it another way, if a trader has 500 Euros in their account, they have the potential to manage a total of 50,000 Euros if they use a leverage of 1:100.

Traders should be aware that the potential rewards that come with using leverage also come with increased risk. Leverage is a wonderful possibility to grow money.

The leverage ratios that are available on are those that are permitted by the organization that regulates the company, which normally vary from 1:5 to 1:300. These percentages change depending not just on the total value of the account but also on the kind of account that is being used.

Some brokers provide customers incentives as a means of saying thank you for trading with them or as a way of welcome them to their brokerage firm. Cashback schemes, "Refer a Friend" programs, and gift certificates are the most common mechanisms via which these benefits are distributed.

Through its Refer a Friend Programme, provides traders with the opportunity to earn additional funds. The twenty percent first deposit incentive that the firm offers is intended to both reward existing traders who bring in new traders for the company and to boost the number of customers that engage in online trading with the company.

Traders are allowed to recommend a maximum of five new traders to the platform at any given time. The trader's base currency is the currency that will be used to pay out any bonus payments that are owed to them.

The live access to various trading markets throughout the world, most commonly forex, CFD, and futures trading, can be facilitated via a trading platform. These enable traders to make educated judgments, safeguard customer cash, provide historical data and projections, patterns as well as trends, and so on.

WebTrader and MetaTrader 4 are the two options available to traders on, both of which are strong and widely used trading platforms. Each one possesses a unique set of qualities as well as benefits.

Finq is a Foreign Exchange (FX) and Contracts for Difference (CFD) firm that is regulated in the Seychelles. Traders in Asia, India, and South Africa are the focus of's marketing efforts. It has a high leverage, a very decent range of tradable assets, a minimum deposit of only $100, and an extraordinarily attractive welcome bonus of up to $4000. All of these features can be found on this platform. was established in 2017, making it not just a relatively recent example of an online FX/CFD broker (although this may not even be the case in the end), but also a business with a highly unique mode of operation.

Company is probable that is the resurrected form of an earlier brokerage; this would explain why its résumé gives the impression that it is far newer than it actually is. Some people believe that is really a reincarnation of the website ForexYard. Before Leadcapital Corp Ltd. took over, the operation was owned by Safecap Investments Ltd., but now it is owned by Leadcapital Corp Ltd.

According to the paperwork that we have obtained from the broker, LCP is the business that is presently recognized as being the owner of the brand.

Due to the regulatory environment in the Seychelles, Finq is now considered to be a "offshore" enterprise in all respects. It would appear that there is no significant financial jurisdiction that is currently regulating it.

In addition, it outsources the processing of certain of its payments to a business located in Kuwait. It does not allow traders from the United States or the European Union, in addition to merchants from a number of other nations. The image that is starting to take shape around is a very odd one to say the least. On the website of the company that acts as the broker, there is mention of a company called Dilna Investments Ltd. in the capacity of payments and website operator for the Finq brand.

When one considers all of the jurisdictions in which does not currently conduct business, it is reasonable to believe that the GCC is one of the organization's goals. This would also explain why JM Financial Brokerage Services is responsible for's payment processing services. JM's operations are overseen by the Ministry of Commerce in the State of Kuwait, which is where the company's headquarters are located. The number 355893 is the registration number for the operator.

South Africa, India, and Southeast Asian nations are also on the brokerage's list of countries of interest.

There is a lengthy list of nations on which the broker does not conduct business with clients who wish to trade. This list now includes Japan, Israel, Canada, Brazil, Australia, the Philippines, Turkey, and Hong Kong, in addition to the nations and jurisdictions that have already been listed.

What are the most appealing aspects of working with the brokerage? According to the official website, the basic values of the brokerage include regulatory transparency. In this regard, the operations of the broker are subject to the regulatory mandates that have been established by the FSA of Seychelles.

It would appear that another major principle is maintaining a constant and professional demeanor while interacting with customers. Regarding this matter, there is a wealth of customer feedback available on the market nowadays.

Above and beyond these lovely slogans, the brokerage offers a very fair minimum deposit requirement of $100, a more than adequate selection of tradable assets, a wonderful suite of free analytical tools, as well as bonuses and rapid trade execution. In addition, the transaction execution time is really fast.

Accounts on Similar to other Lead Capital Markets brokers, provides customers with a choice of 5 distinct account types, beginning with the Micro Account and progressing all the way up to the Exclusive option.

The Micro Account is the one that requires a minimum deposit of $100 and is the one that we described before. Aside from that, though, it does not really have much going for it other than that. It provides access to customer care 24 hours a day but has the most unfavorable trading terms of any account type offered by

On key currency pairings, such as the EUR/USD, this corresponds to spreads beginning at 3 pips.

When compared to the Micro Account's minimum deposit of $100, the Silver Account's minimum deposit requirement is significantly higher. You are required to make a minimum deposit of $1,000 in order to initiate the opening of a Silver Account.

In addition to the features offered by the Micro Account, the Silver Account grants access to daily analysis and assigns a specific account manager to the user. However, extreme caution is required in light of the fact that these managers are involved. They do not necessarily act in the trader's best interest all of the time.

Additionally, the trading conditions offered by the Silver account are superior; for example, the spreads on currency pairings such as the EUR/USD begin at 1.9 pips.

The Gold Account is the next type of account that may be obtained after the Silver Account. This particular one requires a minimum deposit of ten thousand dollars.

Traders who make this very sizeable investment are granted access to Trading Central as well as much improved trading conditions compared to those offered by the Silver Account.

When we say "far better," we are referring to the fact that spreads on key currency pairings begin at 1.5 pips.

Opening a Platinum Account on is required in order to take advantage of all of the benefits that are currently available through the website.

This one can no longer be considered "accessible" in any sense of the word. The bare minimum amount that must be deposited is $50,000. It's interesting to note that for that amount of money, the Platinum Account merely gives premium customer service on top of what the Gold Account already delivers.

The market circumstances have not improved all that significantly either. Spreads on major currency pairings often begin at 1.2 pip increments.

The Exclusive Account is located at the absolute pinnacle of the list of available account types. This one is a type of VIP option and requires a minimum investment of one hundred thousand dollars. This sort of account is, without a doubt, an all-access pass, and it offers the tightest spreads of any other offering. When dealing with large currency pairings, the spread will begin at 1 pip.

Please take notice that the broker advertises these as the minimal spreads for their services. Although, in a strict sense, they are true, you will need to put down a deposit of $100,000 in order to view them.

On any of the aforementioned sorts of accounts, you won't have to worry about paying commissions. On each of these accounts, the maximum leverage that may be utilized is 1:200.

Transactions for Deposits and Withdrawals on
A respectable number of deposit and withdrawal methods are supported by the broker. Credit cards, as well as WebMoney, Skrill, and Wire Transfer, are all acceptable forms of payment.

The broker provides customers with a significant incentive on their initial deposits. This bonus can reach a maximum value of $4,000 if it is claimed.

The typical markets, including equities, bonds, exchange-traded funds (ETFs), commodities, indexes, and foreign exchange pairings, are all covered by the broker. It does not support trading in cryptocurrencies in any manner, not even through contracts for difference (CFDs).

The variety of trading platforms offered by revolves mostly around MT4.

WebTrader is the platform that offers the greatest degree of convenience. It is obviously an alternative that does not require downloading, and after a few clicks, traders will be able to examine charts and consider the many perspectives available to them.

To say that WebTrader's charting skills are remarkable would be an understatement. It offers a number of different order types, and the trade execution it provides is excellent. The interoperability of the platform is exceptional as well; it functions faultlessly with the majority of the industry's browsers.

As was previously said, the primary focus of the broker's offering of trading platforms is MT4. As addition to its desktop applications for Windows and macOS, MetaTrader 4 is now offered in a web-based trading platform known as WebTrader.

For traders who have had any type of experience trading online, MT4 scarcely requires any sort of introduction. It is considered the industry standard for online business, and it truly excels in all aspects of the service it provides.

MT4 provides support for around 5 asset classes, bringing the total number of traded assets to over 370.

The platform supports a large number of different time frames and comes with a large number of different technical indicators already installed. It goes without saying that MT4 is available for free download on the broker's website, which traders may access immediately.

Traders have complete control over the appearance of their MT4 trading environment. Traders have the ability to generate and add their own own technical indicators and even expert advisors (EAs), along with bespoke scripts. They are able to save their configurations for use at a later time. Trading may be done with only one click through the site, and it can be done directly from the charts.

The AppTrade platforms are, in essence, WebTrader adaptations designed for use on mobile devices running Android and iOS.

The broker is not very generous when it comes to providing additional tools to its clients. In this regard, the only thing it provides is a calendar showing economic events, as well as a handful of pages with information on weekly CFD rollovers and CFD expiry dates.

The calendar is one of those that could be able to offer some assistance with fundamental analysis. The remaining stuff is merely basic common sense.

Finq facilitates trading in contracts for difference (CFDs) by providing tried-and-true, dependable platforms for online and mobile users with access to over 2100 underlying assets, including stocks, commodities, currencies, ETFs, indices, and bonds. According to the website, Finq does not charge commission and provides multilingual client service that is available 24 hours a day, seven days a week to help account holders in a variety of languages. In addition to providing leverage of up to 1:300, Finq guarantees that its spreads are among the most competitively priced on the market and charges no fee.

The WebTrader platform is one of the most up-to-date and popular platforms that Finq provides for its clients. It enables clients to trade over 2,100 assets and provides them with 90 edit tools, Trending tools, an Analysis Recommendation tool, and an Events & Trade tool. Additionally, traders who use Finq have access to the MT4 platform.

Dilna Investments Ltd., which also serves as the website's major payment supplier, runs and is responsible for its operation. Leadcapital Corp Ltd, of which Dilna Investments Ltd is a subsidiary, is licensed by the Seychelles Financial Services Authority to conduct business as a Securities Dealer.

The point is that the establishment of a financial or investment firm in Seychelles is made easier by the fact that the country has a very short list of requirements, requires only a small budget, and, perhaps most importantly, does not conduct stringent oversight of the brokers' operations or histories.

There are a lot of brokers operating in the financial market that are registered in offshore jurisdictions, and these brokers all claim that they may legally do business thanks to their offshore registration. However, the most majority of them are only registered, and not licensed, therefore they are not supervised by any government body. Because of this, investing in those companies is fraught with the highest level of risk.

On its website, Finq makes no mention of complying with any of India's governing bodies or authorities. It is also important to note that the trading of foreign currencies, or forex, is technically against the law in India. Because the broker is not regulated by any regulatory authority in India, there is a possibility that the safety of the client's money would be compromised.

Finq does not operate in the United States of America, which makes it one of the nations that it does not accept. The legislation of the United States states that traders from the United States may only use brokers that are regulated by the Commodity Futures Trading Commission (CFTC). Therefore, you are only allowed to trade with platforms that are regulated in the United States, with the exception of Finq.

The least amount that may be deposited at is 100 dollars or euros. The broker makes available a variety of payment options, including bank transfers, debit and credit cards, Neteller, FasaPay, and Skrill.

Finq's iOS and Android apps also provide mobile trading, which the company offers to its customers. Traders get access to 2,100 assets from the various financial markets across the world through the branded Finq WebTrader platform, which also has free applications for mobile trading. When they trade, they are able to check the Traders Trend Bar, look at the list of assets that are Trending Now, and utilize the trading tools Stop Loss, Take Profit, Entry Limit, and Entry Stop. Most significantly, the technological staff of the broker is continually updating its software in order to provide traders with the greatest possible solution for trading whenever and wherever they want. This ensures that traders never miss a chance to trade.

You may test out the Finq platform with virtual trading using the demo account that the company provides before you commit to making a purchase. This FREE sample account already has $10,000 worth of virtual money put into it for your use. Demo accounts provide an excellent chance to hone one's game techniques and become acquainted with the underlying platform, both of which may be accomplished through the use of the demo account option.

In any event, we never suggest conducting business with an unlicensed broker due to the unreliable nature of the financial investing service that they provide. The reason for this is rather straightforward: although the broker may offer the client the most favorable trading circumstances or environment, the trader does not have any guarantee from the official organizations that regulate the foreign exchange market. Therefore, the engagement to trade with such a corporation indicates that the trader would believe exclusively on the broker's statements, which is obviously a high risk endeavor.

We highly advocate creating a trading account with just those brokers who are licensed by the recognised global authorities and who comply with the appropriate set of regulations and have maintained a solid reputation throughout the duration in which they have carried out their activities. is a registered brokerage that provides trading in CFDs, commodities, and FX via an innovative investment platform as well as a mobile app. Finq is seeing rapid expansion, notably in the countries of India, Australia, and South Africa. The company offers low spreads, a wide variety of assets, and a minimum deposit of only $100. In addition, the company provides a selection of account kinds in addition to a trading volume incentive.

The year 2017 marked the debut of the web-based FX and CFD brokerage known as Finq. The Seychelles Financial Services Authority is the entity in charge of overseeing the business, which operates out of its headquarters in the Seychelles.

Over 2,100 tradable assets and almost as many individual shares are available for trading on the platform, which provides customers with the ability to trade a wide variety of products, the majority of which are packaged as CFDs. In addition, the company offers access to 55 different currency pairings, as well as a surprisingly extensive range of commodities and 28 of the most important worldwide market indexes.

Clients that trade stocks will find a better match with the WebTrader solution than with the MetaTrader 4 platform, which is designed specifically for foreign exchange and contracts for difference traders. It is important to note that it is not feasible to trade every instrument through any one of the platforms working independently.

MetaTrader 4 is an independent platform that was built for trading a variety of assets, including foreign exchange (FX) and commodities. It has a high level of usability and is considered the industry standard for retail trading platforms.

The terminal has a graphical user interface that is available in several languages, as well as immediate execution, built-in help manuals, and a full technical analysis package. In addition to this, it enables automated trading and provides the tools necessary to evaluate trading strategies (MetaEditor, Strategy Tester, and Compiler).

Alternately, WebTrader is a sophisticated trading suite that can be fully personalized and does not need any computer software to be installed on the user's PC. It does this by utilizing web technologies that are at the bleeding edge in order to give you with safe access to your account. In addition to this, it offers independent spreads that are frequently lower than those offered by competing platforms. Furthermore, it incorporates a number of interesting tools, such as the 'Events & Trade' function, which allows users to pinpoint the movement of instruments based on the economic calendar.

It is possible to trade a wide variety of assets, with individual shares being one of the most prominent examples. It is possible to speculate on about 2,000 different companies, the majority of which are equities traded on major global markets such as the UK, USA, and Germany. Forex, commodities, indexes, bonds, cryptocurrencies, and exchange-traded funds are just some of the other financial instruments that users can trade.

Every type of account may take advantage of the fixed spreads offered by the broker, which start at 1.9 pips on key currency pairings like the EUR/USD. Accounts that haven't been accessed in more than a year are subject to a one dollar charge called a "inactivity fee." When investors retain assets overnight on Finq, they are subject to an additional charge that is known as a swap fee. Be aware that day traders won't be impacted by this at all if they close their positions while the market is open.

On both the deposits and the withdrawals, there are no fees or commissions charged. On the other hand, your financial institution may decide to charge you a fee whenever you transfer cash.

The leverage that the broker provides may range anywhere from 1:30 all the way up to a maximum of 1:300, but it all depends on your expertise level and the market you trade in, such as FX. Because the potential for loss grows in proportion to the rate, novice traders may find it prudent to begin their trading careers with a smaller leverage level. features a polished and user-friendly application that you may use even if you are unable to remain in front of a computer for extended periods of time every day because your schedule requires long commutes or time spent away from the workplace. On iOS devices, you can get it from the App store, and on Android devices, you can get it from the Google Play store. Both the iOS and Android versions of the platform have positive user evaluations.

The process of depositing monies into your account is uncomplicated and risk-free. It is possible to make deposits and withdrawals using a variety of various ways, such as debit and credit cards, bank transfers, e-wallets like Neteller, FasaPay, and Skrill, and even FasaPay. In most cases, you will be required to use the same method that you used to make deposits in order to make withdrawals. The bare minimum for both deposits and withdrawals is one hundred dollars.

After providing your initial registration information, you will have the option to create a demo account with Finq. This will provide you with access to a $10,000 virtual money simulation after you have entered your data.

USD, RUB, and ZAR are the account currencies that you may experiment with using. After completing these steps, you will be shown how to use the introduction wizard, at which point you will be able to explore the simulated markets in further detail. provides a number of different promotions, including:

The 'Refer a Friend' Bonus gives investors the opportunity to earn an additional 20% of the amount that their friend deposits, up to a maximum of 400 USD, EUR, or GBP.

Pending Bonus — You also have the opportunity to acquire a bonus that is depending on volume. The more you participate in trades, the faster your point total will rise.

First-Time Deposit Bonus is something that novice traders may take advantage of. Depending on the total amount of the deposit, it might range anywhere from 16 percent to 30 percent. You will only be able to withdraw it if you have met the requisite trading volume, which is $20,000 in volume for every dollar of bonus money, during the first thirty days.

When compared to some of its rivals, Finq's regulatory capabilities are not nearly as robust. This is due to the fact that it has only been granted a license by the FSA in Seychelles, which is not considered to be among the most respected of all regulatory bodies. It is possible that the lack of stringent standards and requirements that must be satisfied in order to receive a license from them would raise a red signal for certain investors. You should be aware that the regulatory safeguards available to you are limited, even if this fact should not on its own lead you to believe that is a fraudulent broker.

On its website, provides a sizable education area that is comprised of a multitude of video lectures that address significant aspects of trading and are organized in the style of an academy. There is a lesson available that is very helpful for learning how to utilize the MetaTrader 4 platform. On the WebTrader site, you will also discover an economic calendar, weekly CFD expiry dates, and a comprehensive section devoted to frequently asked questions (FAQ). accommodates a wide variety of trading styles by providing a selection of account kinds. The broker provides a total of six accounts, and each one of them has the following features:

Transactions and events
Trading on desktops and mobile devices, with support available around the clock
Dedicated customer relationship manager
Useful for study are both the daily analysis and the morning review.

Account Status: Silver

Spreads beginning at 0.60 with a minimum deposit of 100 dollars and a fee of 0.20 percent on shares

Platinum Account:

Spreads on Trading Central start at 0.5, and premium daily analysis is included.
$10,000 minimum deposit 0.16 percent commission on shares

Account Status: Platinum

Spreads on Trading Central start at 0.4, and you get premium daily analysis for free.
$50,000 minimum deposit
Support for customers that is second to none 0.12 percent commission on shares

Account Reserved Just for You:

Spreads on Trading Central start at 0.3, and premium daily analysis is included.
$100,000 minimum deposit
0.08 percent of the total fee on shares Exceptional assistance for customers

The Traditional ECN Account:

Spreads beginning at 0.4 with a minimum deposit of $1,000 and a fee rate of 0.16 percent on shares

Account for the Pro ECN:

Premium daily analysis provided by Trading Central
Spreads beginning at 0.15 with a minimum deposit of 50 000 dollars
0.08 percent of the total fee on shares Exceptional assistance for customers

Additionally, Finq provides its customer base with the option of a swap-free Islamic account.

The following are some of this broker's strengths:
Outstanding market coverage, with a vast array of assets to choose from
Platform that is easy to use and accessible, with solid support and educational resources, for traders of all experience levels
Trading conditions on a wide variety of supported asset classes are impressive, including minimal spreads and large leverage.
The following are some of the disadvantages of using that may be sufficient for some investors to decide against creating an account:
Licensing in the Seychelles that is just marginally compelling

The 2,100+ assets span 24/5 to accommodate the trading hours of the main worldwide exchanges and marketplaces. Additionally, trading takes place over the weekends on a variety of assets.

During market hours (Monday through Sunday), customers with questions or concerns can contact customer care through email or WhatsApp. English is the language of support offered. On the official website, you can find all of the relevant contact information.

Finq's address is Suite 3, Global Village Jivan's Complex, Mont Fleuri Mahe, Seychelles. provides an additional layer of protection for its customers by keeping their money in separate accounts with the best banks in the world. All means of payment guarantee that the operations of depositing and withdrawing money employ trustworthy technology and are overseen by independent parties. Any and all personally identifying information is, at all times, kept secure and secret.

Investors who want to trade a wide variety of assets in the form of CFDs using a market-maker execution model may take advantage of the comprehensive brokerage services offered by It is especially helpful for individual stocks and shares, in addition to exchange-traded funds (ETFs). Nevertheless, consumers should approach with caution because the broker's financial credentials are not controlled by the agencies that are considered to be the most credible. This indicates that there is a degree of danger involved, which will cause some traders to shy away from the opportunity. welcomes traders from a wide variety of nations, including Thailand, the United Kingdom, South Africa, Singapore, Hong Kong, India, the United Arab Emirates, Kuwait, Luxembourg, and Qatar, among many others.

Traders located in Germany, France, Norway, Sweden, Italy, Denmark, Belgium, the United States of America, Canada, Australia, and Saudi Arabia are not permitted to use

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Reviewed by Arpita Singh

Arpita SinghArpita Singh is the main writer at As a senior investment professional with 10+ years of experience working at top-tier Private Equity and Sovereign Wealth Fund; she is also responsible for fact-checking concepts, reviews, and related details about brokers and exchanges listed on this website. Full Bio.