Yes, Finq.com offers a Minimum Deposit of $100 or currency equivalent. This is very good when compared to other broker minimum deposit fees, making it accessible to beginner and smaller retail traders.
Finq.com at a glance
| 🔍 Broker's Name | Finq |
| 📍 Headquartered | Seychelles |
| 📅 Year Founded | 2017 |
| 🏛 Regulating Authorities | The Financial Services Authority (FSA) |
| 📃 FSA Seychelles License: | SD007 |
| 🌐 Countries not accepted for trade | United Kingdom, Germany, France, Norway, Sweden, Italy, Denmark, Belgium, United States, Canada, Australia, Saudi Arabia |
| ☪️️ Islamic Account (Swap Free) | Yes |
| 📒 Demo Account | Yes |
| 📒 Institutional Accounts | No |
| 💻 Managed Accounts | Yes |
| 📊 Maximum Leverage | 1:300 |
| 💳 Minimum Deposit | $100 |
| ZAR | R1 600 ZAR |
| 💳 Deposit Options | Debit/credit cards, bank transfers, Neteller, FasaPay, and Skrill |
| 💻 Platform Types | MetaTrader 4 |
| 📲 OS Compatibility | PC and Mac OS, mobile for Android and IOS |
| 📊 Tradable Assets | Stocks, Forex, Indices, Commodities, Bonds, Crypto, ETFs |
| 🌐 Languages supported on Website | English, Arabic, Indonesian, Malay, Spanish, Vietnamese |
| ☎ Customer Service Hours | 24 hours a day/ 5 days a week |
Min Deposit
USD 100
Regulators
FSA
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Finq.com Minimum Deposit below.
Finq.com Minimum Deposit Revealed – A Key 9 Point Quick Overview
- ✅Finq.com at a glance
- ✅Finq.com Overview
- ✅Finq.com Minimum Deposit
- Finq.com Deposit fees and deposit methods
- Step by step guide to depositing the Finq.com minimum amount
- Finq.com Pros and Cons
- Finq.com Customer Reviews
- Conclusion
- Frequently Asked Questions
Here is our overview of the Finq.com Minimum deposit as well as the pros and cons as well as features that are offered to traders.
Finq.com Overview
Established in 2017 and headquartered in Seychelles, Finq is an offshore broker that provides traders with access to a wide array of tradable instruments, with over 2000 available across several popular asset classes that include Forex, indices, shares, and ETFs, amongst others.
Traders are provided access to the MetaTrader 4 platform, an industry staple, as well as the broker’s proprietary WebTrader platform. Finq also offers a comprehensive selection of useful resources that include an economic calendar, and a very comprehensive demo account feature for beginner traders to test their skills before signing up for a live account.
New clients can choose from a broad selection of tailored account types, each with unique features and tools, while Islamic traders can sign up for a swap-free account in line with the requirements of Sharia law.
Finq.com Minimum Deposit
The minimum deposit amount required to open a broker account with Finq.com is $100. This is a standard minimum deposit amount when compared to most other brokers in the industry and should not present a high barrier of entry to new traders.
| 🌐 Silver Account | 🌐 Gold Account | 🌐 Platinum Account | 🌐 Exclusive Account | 🌐 Classic ECN Account | 🌐 Pro ECN | |
| 💳 Minimum Deposit | $100 | $10 000 | $500 000 | $100 000 | $1000 | $50 000 |
| ZAR | R1 600 ZAR | R16 000 ZAR | R8 000 000 | R1 600 000 ZAR | R16 000 ZAR | R800 000 |
More advanced accounts will require a higher minimum deposit, however, with the Exclusive Account having an exceptionally high minimum deposit of $100 000.
Finq.com Deposit fees and deposit methods
Finq.com has a broad selection of popular deposit methods, which include the following:
| 💳 Bank wire transfer | 💳 Credit and debit card |
| 💳 Neteller | 💳 FasaPay |
| 💳 Skrill |
In terms of deposit security, Finq is regulated offshore by the FSA in Seychelles. However, the broker does have extensive protection measures in place for deposit security. All the clients’ operations to deposit and withdraw funds have the following requirements:
| In case of bank transfer or transfer from a bank card, the name, indicated during the registration must match the name of the owner of the account/bank card. |
| Withdrawing funds from the trading account via the method, which is different from the depositing method, is possible solely after withdrawing the sum, which is equal to the sum of client's deposits via the method and to the same account used for depositing. |
| If the account was credited in a way that cannot be used for funds withdrawal, the funds may be withdrawn to a bank account of the client or any other way may be used, as agreed with the Company with the help of which the Company is able to prove the identity of the account owner. |
| If the account has been credited with funds through various payment systems, funds withdrawal shall be made on a pro rata basis commensurate to the size of each deposit. |
With regards to deposit currencies, Finq.com appears to accept three types of deposit currencies, consisting of USD, RUB, and ZAR (Rand). While this is a diverse mix of major and smaller currencies, traders whose currencies are not listed will likely incur conversion fees.
| Deposit fees | ❌ None |
| Withdrawal fees | ❌ None |
| Conversion fees | ☑️ Yes |
Finq.com does not charge deposit or withdrawal fees, although your payment processor may charge a fee for each transaction. Finq.com does not compensate clients for these payment fees.
Step by step guide to depositing the Finq.com minimum amount
Depositing into your account with FinQ consists of the following steps:
🟢 Step 1 – Log into your Finq.com trading account
Log in to your trading account. You will be redirected to your trading account dashboard
🟢 Step 2 – Select the option to fund your account
Indicate how much you would like to deposit, and by which method
🟢 Step 3 – Confirm your deposit details and make your deposit
Finq.com Pros and Cons
| ✔️ Pros | ❌ Cons |
| Deposit security protocol in place | Offshore regulation |
| Relatively low minimum deposit | Extremely high deposit requirement for more enhanced account features |
Finq.com Customer Reviews
Finq has a large selection of commodities
Finq has a large selection of commodities in its asset list. If you’re into commodities trade, this brokerage firm is a great choice! – Pam
Finq seems to take many precautions
Finq seems to take many precautions regarding withdrawals, yet in a manner that doesn’t make it too long or annoying. In my opinion, they have the right balance between security and fluency. – Chi
I enjoy the opportunity given by forex brokers to earn an income for referrals through IB and Affiliate programs, great offerings Finq! – Denille
Min Deposit
USD 100
Regulators
FSA
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
You might also like: Finq.com Review
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You might also like: Finq.com Islamic Account Overview
You might also like: Finq.com Demo Account – Step by Step
You might also like: Finq.com Sign up Bonus
Conclusion
When reviewing Finq.com, it appears to be a reliable and honest brokerage firm. It is regulated and committed to ensuring the safety of customer funds. The ‘Refer a Friend’ bonus is an attractive deal for existing and potential customers.
With an initial deposit fee of only $100 on the Finq.com silver account, account variation, reputable trading platforms, and a wide selection of market instruments, this broker would be a good choice for all types of traders, no matter their trading styles and experience levels.
Frequently Asked Questions
Can I make the Finq.com minimum deposit in ZAR?
Finq.com offers various currencies to deposit the minimum amount, which traders can transfer in ZAR.
What are the deposit methods for Finq.com?
Deposit methods incl: Bank wire transfer, Credit and debit card, Neteller, FasaPay, Skrill
Does Finq.com charge withdrawal fees?
No. Finq does not charge deposit or withdrawal fees, although your payment processor may charge a fee for each transaction. Finq does not compensate clients for these payment fees.
How long does a withdrawal from Finq.com take?
Bank transfers can take several business days, while e-payment transfers are processed on the same day.
Are my deposits safe with Finq.com?
Finq.com is regulated offshore by the FSA in Seychelles. However, the broker does have extensive protection measures in place for deposit security.
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