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Finq Trading

4.8 / 5

FTD Bonus up to $4,000

Finq Trading

  • Minimum account Size Daily Analysis:
  • Morning Review Desktop & Mobile Trading
  • 24 Hour Customer Service Webinars & Seminars
  • Dedicated Account Manager Premium Daily Analysis
  • Premium Customer Support

Pros

  • Minimum account Size Daily Analysis:
  • Morning Review Desktop & Mobile Trading
  • 24 Hour Customer Service Webinars & Seminars
  • Dedicated Account Manager Premium Daily Analysis
  • Premium Customer Support

Cons

  • Long Term Investing

Finq Trading info

Name Finq Trading
Established 2017
Location Seychelles
Minimum Deposit $100
Support Options Premium Customer Support
Deposit Options Credit cards Skrill Neteller Wire transfer.
Withdrawal Options Credit cards Skrill Neteller Wire transfer.
Finq Trading Review Finq is a newest brand of Leadcapital Corp Ltd licence, owned by Dilna Investments Ltd. It was launched in 2017 with media outlets claiming the focus of the broker was Asian market, however, the broker is available in other markets as well. They offer a set of trading tools that will satisfy the pros (MT4) and those who are still getting into the excitement that is Forex/CFDs trading via a super intuitive web and smartphone platform. One of the biggest strengths of the broker is the asset portfolio which reaches 2100 assets, depending on the platform. Finq is regulated on Seychelles with License No: SD007. South African traders will appreciate possibility of depositing in Rand, and having a ZAR denominated trading account.
Finq Trading Platform: MetaTrader 4, WebTrader
Finq Trading Leverage: 1:300

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Finq Broker  BONUSES 

We already mentioned that Finq offers bonuses when opening a new live account. These will be presented for each predefined amount deposited. Naturally you need to opt in to receiving the bonus in case you want one. In case not, just select “Deposit your own amount without bonus” which will take you directly to the screen. Bonus policy does not prevent customers from withdrawing the money, but the in case of loss or profit on the account, the amount that is taken away with the bonus is calculated by using the ratio of deposit to bonus. So if you deposited $4000 and got $1000 bonus, the ratio is 80:20. If you had additional $1000 profit from trading with the bonus, you will be able to receive $800 of your profits.

We think this is fair, in contrast to policies that often made all losses as part of customer’s money and all profits as part of the bonus, which was mostly case with binary options brokers – which is why they aren’t allowed to offer bonuses anymore. In any case before accepting the bonus understand the terms and conditions that require that a volume of $10000 is to be generated for every 1$ of bonus received, before being able to withdraw the bonus. Timeframe for this is 90 days. Please read the bonus policy on broker’s website with care before agreeing to a bonus.

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Finq.com Trading Platforms

The trading platform selection of the broker is simple and straightforward. it is comprised of a Web Trader, mobile apps for Android- and iOS devices and MT4.

The Web Trader is a download-free solution, which offers surprisingly potent analysis tools and execution speeds. Limit and stop orders can be used through the web trader, and traders have access to the full range of tradable assets offered by the broker.

MT4 is obviously the centerpiece of the Finq.com platform offer. It can be downloaded for free off the site, and it comes with an impressive number of preinstalled technical indicators.

MT4 provides a fully customizable trading environment, allowing users to add indicators at will and to create/code their own ones.

Custom scripts can be used in combination with EAs, to put marginally profitable strategies to work and to “milk” those small edges through trading volume.

MT4 supports trading off the charts, and it comes with scores of chart types and drawing tools.

The mobile apps featured by the broker are capable as well as surprisingly popular. According to the broker, some 70% of its traders use the mobile apps to monitor their accounts and to execute trades.

Finq Live Account

If you continue with the process in the wizard, you are on your way to open a live account, which is probably good since it does not cost anything and later when you decide to leave the demo for real trading, everything is ready, only deposit is left. In any case the process is fairly standard – fill in the rest of your info and answer several questions about your trading history and knowledge in order for the broker to assess if CFDs trading is something you should be doint, considering your understanding of the basic trading terms and the leveraged trading. Questions include: “What it means if its bull market”, or what can happen to your profits and losses if you are using leverage to trade… After that, you will be asked to deposit and take a bonus. More about Finq bonuses below the account summary.

When you have decided to open a live account, there are several options at hand, if you want to start more seriously and with full broker support. Find the info on Finq account types:

Finq Classic Account

  • From $1000 deposit
  • Dedicated account manager
  • Daily market analysis
  • Webinars
  • $300 bonus*
  • $600 bonus if $3000 deposited*

Finq Gold Account

  • From $5000 deposit
  • All the Classic account features
  • Includes PREMIUM daily market analysis
  • Up to $1000 bonus*

Finq Platinum Account

  • From $25000 deposited
  • All the Gold account features
  • Also includes PREMIUM customer support
  • Up to $4000 bonus*

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