Finq.com vs Firstrade
Finq.com | Firstrade |
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3.8
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4
Firstrade is #26 in our broker rankings. |
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Finq.com is a multi-asset offshore broker that provides CFD trading on 2100+ instruments with fast execution and high leverage. The company is registered with Seychelles FSA and was established in 2017. The broker supports MetaTrader 4 and a bespoke WebTrader and traders can test its services through a free demo account. |
Firstrade is a US-headquartered discount broker-dealer with authorization from the SEC. The company is also a member of FINRA/SIPC. With welcome bonuses, powerful tools and apps, plus commission-free trading, Firstrade Securities is a popular online brokerage. It is also quick and easy to open a new account. |
Bonus Offer | |
$50 Welcome Bonus | Deposit Bonus Up To $4000 |
Promotions | |
Get $200 In Transfer Fee Rebates When You Switch To Firstrade |
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Comment by Reviewer | |
"Finq.com will serve traders looking for high leverage in return for less regulatory oversight. Clients with enough capital for the upper-tier accounts will be able to enjoy the best conditions while trading CFDs at Finq.com." | "We recommend Firstrade for beginner investors looking to trade US stocks with no commissions. There is a wealth of free education plus premium-quality research and trading ideas from Morningstar, Briefing.com, Zacks and Benzinga." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Shares, forex, commodities, indices, bonds, cryptocurrencies, ETFs | Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed |
Demo Account | |
Yes | No |
Minimum Deposit | |
$100 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | $1 |
Regulator | |
FSA | SEC, FINRA |
Margin Trading | |
Yes | Yes |
Margin Rate | |
4.50% | |
STP Account | |
No | No |
ECN Account | |
Yes | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
Yes | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
iOS, Android & Windows | iOS & Android |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | Yes |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$25 | |
Islamic Account | |
Yes | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade CFDs on 2100+ markets through the broker's market-maker execution model and use the high-quality educational resources to sharpen your trading skills. The depth of CFDs beats most rivals. | CFD trading not offered |
Leverage | |
1:300 | |
FTSE Spread | |
2.0 pts | |
GBPUSD Spread | |
0.20 pips | |
Oil Spread | |
3.0 pips | |
Stocks Spread | |
Forex Trading | |
Trade 55 forex pairs from majors, minors and exotics, with leverage up to 1:300. Spreads start from 1.9 on popular majors on the standard account or 0.8 on the highest-tier Exclusive account, and small percentage commissions also apply. | Forex trading not offered |
GBPUSD Spread | |
From 0.2 pips | |
EURUSD Spread | |
From 0.1 pips | |
EURGBP Spread | |
From 0.2 pips | |
Assets | |
55 | |
Cryptocurrency | |
Trade 20+ crypto CFDs including Bitcoin, Ethereum, Litecoin and Dash with 1:2 leverage. Spreads are tight and fast execution speeds will suit active crypto day traders. | Take positions on dozens of leading cryptocurrencies with low fees and 24/7 investing. Traders need just $1 to start speculating on popular tokens like Bitcoin. Clients can also buy cryptos instantly in a few straightforward steps. |
Spread | |
From 0.8 pips | Variable |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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More Comparisons | |
Finq.com vs |
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