Finq.com vs. Forex.com Comparison

This comparison guide helps users who struggle to select in between Finq.com and Forex.com to locate the most effective online broker for their trading and investment demands. It analyzes the highlights of the two brokers side-by-side to assist customers compare their solution and make an informed decision.

To aid individuals choose the right broker between Finq.com and Forex.com to find the best-suited platform, listed below is a listing of broker’s benefits and drawbacks, adhered to by a contrast of their primary trading attributes, including trading systems & devices, charges, mobile trading, down payment & withdrawal, possessions, guideline, and client assistance.

Finq.com vs. Forex.com: Summary

Finq-com-logo

Finq.com is a CFD broker based in Israel. Although the broker is regulated by the FSA, it is not considered safe. Users can access 2,100 financial instruments, including CFDs on stocks, commodities, forex, ETFs, indices, cryptocurrencies, and bonds. Trading platforms are available as a web version and MT4 integration.

Finq.com trading fees are average compared to similar CFD brokers from the industry. They charge an average floating spread of 0,14 pips on EUR/USD and no commission on CFD trades. There are no additional trading or non-trading fees, such as inactivity, currency conversion, or deposit and withdrawal transaction fees.

Finq.com’s customer support is available by email (support@finq.com), live chat, and WhatsApp in Arabic and English.

Forex.com logo

Forex.com a reputable forex and CFD broker regulated by 7 tier–one regulators. They offer access to 5500+ tradable symbols across various markets including forex, stocks, cryptos and CFDs. Forex.com also offers a wide range of proprietary platforms with access to advanced charting features through TradingView, social trading tools and MT4 integration.

Forex.com trading fees are with an average spread of 1.1 pips (EUR/USD) above industry average.

Forex.com customer support is available 24/7 via email, phone and live chat. Their exceptional educational resources, great market research and ease of use make this broker a good choice for beginners and intermediate traders.

Pros

  • Low minimum deposit ($100)
  • Competitive spread from 0.14 pips (EUR/USD)
  • No hidden fees
  • Up to $4,000 welcome bonus for new traders
  • $10,000 free demo account

Cons

  • Limited regulation
  • High minimum deposit of $100
  • Lacks educational material and research resources

Pros

  • Low minimum deposit ($100)
  • Low average spread from 0.74 pips EUR/USD
  • Advanced charting features and performance analytics
  • Award Winning Mobile trading app
  • Professional customer support

Cons

  • Educational videos are missing
  • MT5 available outside of US only
  • Limited assets available on MT5

Key features

  • Competitive trading fees
  • Compatibility with MT4 and TradingCentral
  • Access to over 2,100 financial instruments
  • Free demo account availability
  • Fast registration and KYC on-boarding process
  • 24/5 support in English and Arabic

Key features

  • Competitive trading fees
  • Compatibility with MT4 and MT5
  • 5500 tradable symbols and 4550 CFDs overall
  • Award winning mobile trading app
  • Advanced charting and performance analytics available
  • Great combination of ease of use and personal customisation

Finq.com vs. Forex.com Comparison

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Forex.com logo

Forex.com

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BROKER COMPARISON

Finq-com-logo
Forex.com logo

Overall rating

3,4/5

4,4/5

Overall rating

3,4/5

4,4/5

Trading Platform & Tools

3.5

4.6

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 300:1 1:50
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.5

3.7

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee $50 if no trades after 3 months $15 per month (after 12 months)
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.8 0.8 pips
Stocks & ETF 0 0 + spread
CFD (Gold) 0.3 0.8
Crypto 0 0
Options 0 0
Conversion Fees 0 0.50%
Misc. Fees 0 0
Overnight Fees 2.50%

Mobile Trading

3.4

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.0

4.9

See details
Minimum deposit (in UAE) $100.00 $100
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.9

4.1

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex 55 91
CFD Indices & Funds 50 17
CFD Stocks 2000 9500
CFD Commodities 19 22
CFD Crypto 4 8
CFD Bonds 5 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

3.0

4.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

3.0

4.3

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.5

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Finq.com vs. Forex.com Comparison Conclusion

The results of our contrast of Finq.com vs. Forex.com are involved the table listed below.

Broker:Best For:
Finq.comCFD Trading With Welcome Bonuses
Forex.comForex and CFD trading and MT4

Selecting the appropriate choice in between Finq.com and Forex.com can be challenging. Both on-line brokers have resemblances but vary pertaining to trading instruments, systems & apps, guideline, down payment & withdrawals, and research and education. Choosing the best broker relies on customers’ trading & investment objectives, private preferences, and experience level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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