Templer FX vs Finq.com

Templer FX vs Finq.com Comparison Table 2023
Templer FX Review 2023	Finq.com Review 2023
Review 2	Review 3.8
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Templer FX is an unregulated, offshore forex and CFD broker founded in 2004. The brokerage offers a small range of assets on the MetaTrader 4 or proprietary platform, with high leverage up to 1:2000 and micro-lot trading. As an ECN broker, the brand aims to provide ultra-low trading costs and fast execution, making it an attractive choice for active traders.	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.
Bonus Offer
$30 No Deposit Welcome Bonus	$50 Welcome Bonus
Comment by Reviewer
"Templer FX will appeal to traders looking for a cent account and very high leverage up to 1:2000. The $1 minimum deposit also makes it accessible for beginners."	"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."
Pros
ECN broker with competitive spreads from 0.1 pips, no commissions and fast execution A range of promotions on offer, including a loyalty bonus and no-deposit bonus Both trading platforms support Expert Advisors and custom indicators Responsive customer support team based on tests Decent range of fast and free deposit methods Low minimum deposit of $1 Fast transaction times	Up to 1:300 leverage 24/5 customer support 2100+ financial instruments Free deposits and withdrawals Joining bonuses and loyalty rewards Demo account with access to virtual funds ($10k) Bespoke trading platform plus industry-renowned MT4 terminal
Cons
Offshore and unregulated US, UK and EU clients not accepted Narrow range of assets compared to other brokers Unreasonable conditions for the 'segregated accounts' service Below average selection of education resources €50 fee for bank transfer withdrawals	No copy trading tool Limited security details No MetaTrader 5 platform Limited regulatory oversight Narrow range of trading tools
Instruments
Forex, CFDs, indices, shares, metals, energies, cryptocurrencies	Shares, forex, commodities, indices, bonds, cryptocurrencies, ETFs
Demo Account
Yes	Yes
Minimum Deposit
$1	$100
Trading Platforms
MT4	MT4 TradingCentral
Payment Methods
Bitcoin Payments FasaPay M-Pesa Mastercard Perfect Money Skrill Visa Wire Transfer	Credit Card Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FSA	FSA
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
Yes	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
No	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS, Android, Blackberry	iOS, Android & Windows
Auto Trading
Yes	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	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$25
Islamic Account
Yes	Yes
Account Currencies
USD EUR	USD EUR INR ZAR CHF RUB
Stock Exchanges
Australian Securities Exchange FTSE UK Index Japan Exchange Group	CAC 40 Index France DAX GER 40 Index Dow Jones FTSE UK Index Nasdaq S&P 500
Commodities
Gold Oil Silver	Coffee Cotton Gold Oil Silver Wheat
CFD Trading
Templer FX offers a modest suite of CFDs compared to other brands, covering shares, commodities, indices and cryptos. The good news is that you can start with as little as $1 and there are no commissions.	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.
Leverage
1:2000	1:300
FTSE Spread
1.0	2.0 pts
GBPUSD Spread
0.8	0.20 pips
Oil Spread
2.0	3.0 pips
Stocks Spread
Variable	<0.25%
Forex Trading
Trade 30+ forex pairs with competitive spreads averaging 0.5 pips for EUR/USD. You can also access very high leverage up to 1:2000, though we urge caution when using unregulated brokers.	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.
GBPUSD Spread
0.8	From 0.2 pips
EURUSD Spread
0.5	From 0.1 pips
EURGBP Spread
1.1	From 0.2 pips
Assets
32	55
Cryptocurrency
Traders can access popular cryptocurrencies, though the selection is not as wide as competitors. There is also the broker's Bitcoin account, where you can start with as little as 0.000001 BTC.	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.
Spread
Floating	From 0.8 pips
Coins
BTC LTC ETH	BCH BTC ETH LTC XRP DASH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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