Finq provides trading in CFDs by offering tried and tested reliable platforms for web and mobile with over 2100 assets – stocks, commodities, forex, ETFs, indices, bonds. According to the website, Finq takes no commission and has multi-lingual client support standing by 24/5 to give assistance for account holders. On Finq, they guarantee some of the lowest spreads in the market and zero commission, whilst offering leverage up to 1:300. 

Among the platforms offered by Finq the WebTrader is one of the most up-to-date popular platforms giving clients an opportunity to trade over 2,100 assets backed by 90 edit tools, Trending tools, Analysis Recommendation tool and Events & Trade tool. The MT4 platform is also available to Finq traders.

About FINQ
🗺️ Registered inSeychelles
🗺️ Type of LicenseOffshore License
🛡️ Is FINQ safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

Is Finq a scam or legit broker?

No, it is not safe to trade with Finq, as it is an offshore company. Finq.com is operated by Dilna Investments Ltd which is the primary payment provider and website operator. Dilna Investments Ltd is acting on behalf of its mother company, Leadcapital Corp Ltd is regulated as a Securities Dealer by the Seychelles Financial Services Authority.

The point is that Seychelles offers an easy process of financial or investment firm establishment, through a very low list of requirements, small budgets and what is more crucial with no strict supervision of the brokers’ operation or history. For that reason, offshore zones attract vast non-scrupulous or shady brokerages such as Hugo’s Way, Prime XBT that aim to attract clients, to grab their funds and disappear.

There are a lot of offshore-registered brokers out there claiming that offshore registration is a legit thing that allows them to do business in the financial market. However, most of them are simply registered, and not licensed, nor monitored by any governmental agency, which makes those firms the most dangerous places for investing.

We advise all investors and traders to avoid Finq and other brokers from Seychelles. Rather than involving yourself in the risk of losing capital, we would recommend choosing among well regulated UK brokers or brokers in Australia and reliable brokers such as Alpari and FXTM.

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4 responses to “Finq”

  1. I DEPOSITED $2000 WITH FINQ. because they were constantly pressing upon the point that its totally free brokerage in US markets. Only 2% brokerage from profits. they were pressing too hard on trading. but when i told them that i will trade later, and requested my money, there was no response.

  2. Oh my goodness. You mean this is a scam? I invest 15,500 US Dollars because they insist me to invest and in 1 week they said they will return. Now, I cannot call them. They are not answering my phone. What is the best way to do with them.

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