review and tutorials

Detailed Review 2020: Forex, CFD'S and Crypto Regulated Broker provides an outstanding all-round service, with 2100 + asset trading and instant bonus deals. $50 Welcome Reward & up to a deposit bonus of 30 per cent. trading information

Yes: $50 & Up to 30% Deposit Bonus.
CFD, Forex, Crypto, Stocks
Demo Account
Min. Deposit
Min. Trade
0.01 Lots
Regulated By
MT4 Integration
Mobile Apps
iOS, Android and Windows
Auto Trading
Trade Signals
Islamic Account


From 1 pip
From 1 pip
From 1 pip


FTSE Spread
2 pts
From 1 pip
Oil Spread
5 pips
Stocks Spread


BTC 0.2%, ETH 2.5%

Official Registration Forex Broker Review 2020 Review: brokers website

New broker review – updated July 1st, 2020. is a new broker, which provides CFD and Forex trading across an innovative trading platform and application. Offering tights spreads, a wide range of assets and a $100 minimum deposit, Finq is growing rapidly, particularly in India, Australia and South Africa. They offer a number of styles of account, and a bonus trading rate. review
Company Details is a online brokerage of Forex and CFD, founded in 2017. Its headquarters are in the Seychelles, and the broker is governed by the Authority for Financial Services of the Seychelles.

The platform provides users the ability to trade a diverse range of instruments predominantly wrapped as CFDs, with over 2,000 tradeable resources and nearly as many individual shares in a variety of leading world markets.

In addition, lets you trade in 60 + Forex currency pairs, an exceptionally broad product list and 23 major foreign stock indices. review
Trading Platform

The MetaTrader 4 platform is best suited for Forex and CFD traders and the WebTrader platform will be better suited to customers wishing to trade equities. Every instrument on offer at can not be traded on its own via either of those platforms.

MetaTrader 4 is an independent website built for commodity trading, FX, and other products. It is advanced and user-friendly, and is the gold standard among platforms for trading.

It offers a multilingual interface, streamlined support manuals, instant execution and a robust set of technical analytics. This also provides automated trading, with the ability to use MetaEditor, Strategy Tester and Compiler to test automated strategies.

In addition, WebTrader acts as a completely customizable, advanced trading package that does not need any computer program installation. It harnesses state-of-the-art web technologies to ensure safe access to your account.

It features individual spreads that are often lower than other websites, and integrates some interesting resources such as the ‘Events & Trade’ method to recognize the movement of economic calendar instruments. Review: Trader dashboards review: Trader dashboards review

An impressive asset portfolio can be traded on, especially in respect of individual shares. Nearly 2,000 shares can be exchanged, mostly those quoted on leading global exchanges such as the UK, USA and Germany.

In addition to individual equities, consumers have the ability to trade in Forex, Commodities, Indices, Shares, and ETFs. review
Spreads & Commission

The broker provides fixed spreads in all account forms, and spreads on EURUSD are 1.9 pips. Those are small spreads and are highly profitable. Deposit or withdrawal fees or commissions do not apply. review

The leverage the broker offers varies from 1:50 to a maximum of 1:300, depending on your level of experience. Of course the risk is also high with the potential for such a high leverage. review
Mobile Apps

If you aren’t able to sit in front of a computer for hours every day, and your schedule involves long commutes or time outside the office, has a polished and user-friendly app. You can download it from the iOS apps app store, and from the Android Google Play store. You’ll find that both stores have loads of strong customer feedback on the website. review
Payment Methods

Depositing funds into your account is easy, and safe.

Both deposits and withdrawals can be made through a variety of different methods including debit / credit cards, bank transfers, Neteller, FasaPay, and Skrill. In general, withdrawals will be made through the same mechanism in which you make your deposits. will not add any extra fees in addition to the fees any of those payment providers would charge. review
Demo Account

Once you first sign up, you will build a trial account with Finq, which will give you access to a simulation of $10,000 virtual money after entering the initial signup information.

The account currencies you can use are USD, RUB and ZAR, after which there are some additional steps to further immerse yourself in the tutorial. That is what you are going through with the introductory wizard, after which you are free to explore the virtual markets in greater detail. review
Deals and Promotions

There is a 25 per cent deposit bonus and a ‘refer a buddy’ bonus among the offers and promos. Also, you can theoretically earn a price-based incentive that depends on the number of trades done, and preferred customers will obtain discretionary bonuses. review
Regulation and Licensing

Finq is not as regulated as some of its rivals. It is because it has an FSA license from Seychelles and is not one of the most regarded regulators.

There are no strict guidelines and conditions that must be followed to get a license from them, and for many investors, this is a red flag.

It does not in itself cause you to dwell over the fact if is a scam broker, but you should be mindful that the firm may not have proved its financial strength to FCA or CySEC as well. review
Other Features has a detailed section of education on its website, which features about 40 video lectures addressing important topics in trade. A guide on using the MetaTrader 4 platform is especially useful. You will also find an economic calendar, regular released rundown of the market outlook and a detailed FAQ section for the WebTrader website. review
Account Types seeks to ensure that there is a difference in account for different forms of trader.


The basic account will require a minimum deposit of $100 and will open both the web and mobile trading platforms.


The next account is a classic option that contains all the basic account features but needs a minimum of $1,000 in investment. You’ve improved spreads, a dedicated account manager and a regular analysis for the larger deposit.

Gold, Platinum and Exclusive Accounts

For a ‘Silver’ account, you get all that the ‘Classic’ account provides along with prime daily research. Plus more studies are available, and a look into Central Trading. Deposit Minimum is $5000.

Platinum and Exclusive accounts need $50,000 and $100,000. Each level’s bonus benefits are even smaller – Exclusive account holders see spreads from 1 pip. Review: account types review: Account Types review

This broker’s strengths are clear:

  • Accessible, user-friendly broker with good support and education for traders of all kinds.
  • Outstanding market coverage, with a huge range of options to choose from.
  • Impressive trading conditions on many of the supported asset classes, with low spreads and high leverage. review
Drawbacks’s downside may suffice to keep many investors off signing up for an account:

  • There is the issue of reputation of the brokerage’s precursors and licensing in the Seychelles, so be careful.
  • Because of the regulation status, the availability of is limited. review
Trading Hours

The + 2,000 assets span 24/5 to match the relevant global exchanges and markets’ trading hours. A variety of securities are often exchanged on weekends to ensure trading is fully at your convenience. review
Contact Details/Customer Support

Customer service is only accessible by phone and email, but can be reached during Monday to Friday market hours. Help is given in English. Contact information can be found conveniently on the web site. review
Security And Safety employs additional security, with customer funds kept separately in top global banks. Both methods of payment ensure that processes for deposit and withdrawal are managed through secure, vetted third parties. All personal data are still kept safe and confidential.

Overall Verdict provides a well-rounded, skilled brokerage for traders wishing to trade a variety of assets in CFD form via a quick execution platform for market makers.

It is particularly useful for individual stocks and shareholdings and ETFs. can be especially good for clients with a fairly limited deposit size who want to take advantage of execution by market makers and trade different individual shares and stocks on a platform that uses only spreads.

Users should nevertheless proceed cautiously as the financial reputation of the broker is not regulated by the most reliable names in the industry. This points to a risk factor to certain traders that will be prohibitive.

Where Can I Trade From? says they do not maintain accounts for residents of some areas, such as the EU, the USA or others where that kind of distrubution would be contradictory to local regulations and laws

Accepted Countries welcomes traders from the United Arab Emirates, Thailand, South Africa, Singapore, Hong Kong, India, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders are unable to use from UK, Germany, France, Norway, Sweden, Italy, Denmark, Belgium, the USA, Canada, Australia.


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