Finq.com vs. IG Trading Comparison

This contrast overview assists users who have a hard time to select between Finq.com and IG Trading to discover the most effective online broker for their trading and investment needs. It assesses the highlights of both brokers alongside to aid customers contrast their service and make an informed choice.

To assist individuals select the right broker in between Finq.com and IG Trading to locate the best-suited system, below is a list of broker’s pros and cons, adhered to by a contrast of their major trading functions, including trading platforms & devices, costs, mobile trading, deposit & withdrawal, assets, guideline, and consumer assistance.

Finq.com vs. IG Trading: 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.

IG Trading logo

IG is a globally operating online broker regulated by eight tier-one regulators (FCA, ASIC, JFSA, MAS, FINMA, FMA, CFTC and MiFID). They offer users access to 19,500 tradable symbols including 20,000 CFDs, forex, forex options, stocks and cryptocurrencies. IG users can choose between various trading platforms including a proprietary Web-based platform, L2 Dealer DMA, MetaTrader 4 and ProRealTime charting feature.

IG trading fees are competitive for active traders. The size of the brokers allows fast and reliable order execution also on larger orders. IG also offered spread rebates on higher volume CFD trades.

IG additionally offers extensive educational materials (daily video market updates and technical and fundamental analysis case studies), a wide range of trading and research tools for beginners and advanced and intuitive trading apps.

IG’s customer service is available through live chat, email, phone, and WhatsApp in English, and several other languages.

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

  • Regulated by 8 tier-one regulators
  • Low average spreads from 0.82 pips EUR/USD
  • Wide range of trading platforms and third party plugins
  • Extensive research and education resources
  • Wide range of platforms

Cons

  • Slightly higher fees on CFDs
  • Limited banking options

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

  • Access to 20,000 tradable symbols
  • Compatible with MT4, L2 Dealer and ProRealTime
  • Unlimited demo paper trading account
  • Advanced research and analysis tools (L2 Dealer and ProRealTime)
  • Availability of EA’s and other automated trading software
  • Free trading signals and alerts

Finq.com vs. IG Trading Comparison

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IG Trading logo

IG Trading

Open account Read review

75% of retail CFD accounts lose money

BROKER COMPARISON

Finq-com-logo
IG Trading logo

Overall rating

3,4/5

4,2/5

Overall rating

3,4/5

4,2/5

Trading Platform & Tools

3.5

5.0

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 300:1 500:1
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
Cost Per Trade 0 0
Cost Per Month 0 $18
Forex (EUR/USD) 0.8 0.6 pips
Stocks & ETF 0 0.3 pips
CFD (Gold) 0.3 0.3 pips
Crypto 0 0
Options 0 0
Conversion Fees 0
Misc. Fees 0
Overnight Fees

Mobile Trading

3.4

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.0

1.3

See details
Minimum deposit (in UAE) $100.00 $5500
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.9

4.5

See details
Shares 0 1000
ETF & Funds 0 1000
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 55 80
CFD Indices & Funds 50 80
CFD Stocks 2000 12000
CFD Commodities 19 6
CFD Crypto 4 10
CFD Bonds 5 12
Binary Options 0 100
SWAPS 0 0
Saving Plans 0 0

Regulation

3.0

5.0

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. IG Trading Comparison Conclusion

The outcomes of our contrast of Finq.com vs. IG Trading are involved the table below.

Broker:Best For:
Finq.comCFD Trading With Welcome Bonuses
IG TradingGreat overall multi-asset broker

Selecting the appropriate choice in between Finq.com and IG Trading can be hard. Both on-line brokers have similarities but differ relating to trading tools, systems & apps, regulation, deposit & withdrawals, and research and education and learning. Picking the very best broker relies on users’ trading & investment goals, individual choices, 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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