ETFinance Broker Reviews and Full Information

What exactly is ETFinance?

ETFinance was launched in the year 2016. The principal goal of ETFinance was to offer an opportunity for global investors who can benefit from the latest technology and invest with no the fear of being scammed.

It is registered with Cyprus law. ETFinance is a cutting-edge service that is a great choice for European investors.

Many traders who are new were unable to master and begin trading. ETFinance was specifically designed to help you identify the essential points for traders who are just beginning their journey. The range of trading platforms available is incomparable. ETFinance uses platforms like the Meta-Trader4 platform and Web-Traders.

In addition read on for a complete review of the financial market.

 

Pros

Cons

Makes use of advanced tools and platforms for trading.

Service is not accessible 24/7

Easy to use and safe

 

Trusted by millions of customers

 

Real Madrid Official Sponsor of Real Madrid

 

 

Ten Points Summary

Headquarters

Cyprus

Regulation

CySEC

Platforms

Web-Trader, MT4

Instruments

Stocks, Currencies, Indices as well as Crypto-currencies and commodities

EUR/USD Spread

0.7 Pips

Demo Account

Available

Minimum deposit

$100

Base currencies

Few currencies

Education

Available

Customer Care

Available 24/7

 

Do you think ETFinance is a fraud or a Legit?

The main issue is Is ETFinance a scam alert or legitimate? Each genuine broker has rules to govern it. ETFinance is licensed under the name MAGNUM FX (Cyprus) with the registration number HE 360548.

Simply put in simple terms, if we be able to define ETFinance and its services, then we'll affirm that ETFinance is completely safe and secure for trading purposes. ETFinance provides its services for trading across the globe. The license number for ETFinance is 358/18.

If you're thinking of starting a trading business using ETFinance consider our recommendations and do not waste your time. ETFinance is among the most trusted brokers that you are able to trade with.

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Awards

ETFinance has traveled a road that is full of challenges. But the determination to persevering and proving itself makes it the company it is today. ETFinance is now recognized to be one of the reliable brokers in Forex. There's a list of the awards received by ETFinance.

The majority of the awards received by ETFinance are because of the trading platforms' performance (MT4 and Web-Trader). Additionally its management style and model of operating improved the overall performance. ETFinance has also been named the official partner of Real Madrid.

Recently, ETFinance has won the title of the Best CFD Broker in 2020 and the Best Forex Broker for 2020.

 

Pros

Cons

Negative Balance Protection

None

Best Forex Broker by Forex for 2020

 


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How Safe Are You?

Choose only brokers that safeguard your privacy. The good news is that the brokerETFinance is one of these brokers. ETFinance strives to ensure a friendly relationship with customers. The company has a list of rules and policies that assure that each trader is adequately protected.

ETFinance safeguards investments and the data of investors. It also has an unbalanced balance to ensure the security of funds. This is for investors who discover to being insolvent. ETFinance is governed by a strict set of guidelines to safeguard it and the investors.

https://lh6.googleusercontent.com/1W9wWiVb7fh7IYA7D89sxlbghQJ6mUVrd7nvKN4y6DU3ytDLTVlLVC4fXJSBD57tVdX8A8AmuqUCezQCw3S8Enr1TSHgaLZdlddP9L--RDaEpKX6nFvCeQio_pWNHMLLMJPyDHpi

 

Account

Making an account open is the first step to entering the world of trading. Offering convenience is the main characteristic of ETFinance. The process of opening the account at ETFinance can be easy. We are all aware that there are two primary kinds of accounts available: Demo & Live.

The procedure for opening a new account follows:

 

Complete the form with your personal details,

Choose your live account type (silver, gold, platinum)

The minimum deposit amount must be deposited.

Fill out the form and begin trading

 

At the time of registering there are three options to open the live account. Select wisely based on your previous experience in trading.

 

Pros

Cons

Simple process to open an account

There are no cons to be found.

Demo account with unlimited basis

 

Islamic account is also accessible.

 

Live account types based upon the experience

 

 

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Leverage

Life is dull with no risk. In the game of trading leverage refers to the risks you take. If luck favors your cause, the entire world is yours. If your luck deceives you, you'll know the exact nature of the result.

ETFinance is a firm spot for its clients. They don't want their traders to feel heartbroken. To protect investors from losing money and to protect their money, ETFinance offers a maximum leverage of 1:30 in currency paring, and 1:10 for products.

For experienced traders, it is possible to attain leverage levels as high as 1:40 or 1:50.

 

trading platforms

The second aspect of ETFinance we will to examine will be its platform for trading. The trading platforms have a significant impact on trading quality. Each broker in the present requires modern platforms for trading. ETFinance is, as stated above believes in the digital world of trading. It provides the most recent and up-to-date platforms, such as Meta-Trader and Web-Trader.

 

Meta-Trader 4 is the best choice for all types of traders: novices and experienced. However Web-Trader is an extremely powerful trading platform that is suitable for traders of all levels.

Research thoroughly before making a decision is a sign of professionalism and successful people.

Pros

Cons

Friendly and helpful to customers.

None

Available in many languages.

 

Mobile Desktop, Web, and Mobile versions are available.

 

 

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Trading Instruments

So far, every aspect of ETFinance which we've looked at is satisfactory. The next aspect we're discussing with ETFinance includes its trade instruments. ETFinance offers the most popular and most commonly used trading instruments.

Trading Instruments such as Indices Metals and Forex Currencies and Cryptocurrencies and commodities such as coffee and Cacao are provided through the brokerage: ETFinance.

 

The instruments listed above are top of the line. Make sure you are aware when choosing a trading instrument. Since you are aware that an unwise choice could ruin efforts.

 

Pros

Cons

Advanced trading instruments

For inactivity, there are charges.

Rapid and efficient in its performance

 

 

Deposit and Withdrawal Options

We will now examine the possibilities offered by ETFinance to depose and withdrawal of funds. As we have mentioned, the trading account is different depending on the experience you have had. The amount of deposit also varies.

The minimum amount for depositing an account with a silver balance is $100. The amount can be deposited via your bank directly or through eWallet, Debit Card, or Credit Card. Contact customer support to verify the security of deposit. Taxes could be applicable.

The options to withdraw money are also fantastic. It is possible to use a direct bank transfer to withdraw. You can also use Skrill or Master Card or an Visa Card.

Pros

Cons

Card payments are supported

Options are limited.

No extra charges

 

Requires $100 as a minimum deposit,

 

 

Fees

This is a constant issue that ruins the style. Why do we need to charge a fee for all things? Yes, it is! Taxes are due on our business activities. We mentioned earlier that, ETFinance has a soft area for investors and therefore, it offers the ability to deduct charges.

The amount of the fee differs based on the type of account. For a silver account there is a spread of 0.07. In the case of a gold-based account it's 0.05 with an additional 25% discount on rollovers.

For the platinum account for the platinum account, the spread for the platinum account is 0.03 with the 50% discount on swaps. ETFinance doesn't charge commission separately.

Pros

Cons

No depositing fees

Fee for inactivity

No fees for withdrawals

 

No extra commission

 

Micro Trading lot available

 

 

Customer Service

We're getting nearing the end of this review. Support for customers is our 2nd final character we are going to examine. As per the general rule of thumb that only those companies are successful around the globe that provide quality services and satisfaction to their customers. We are happy to learn that ETFinance is one of them.

ETFinance's customer support is accessible 24/5 This means that they are not available on Saturdays and Fridays. In addition, you are able to access their services anytime and any time you'd like. Live chat agents are available on the website. Their service is also very satisfactory.

Pros

Cons

Live chat agents are available

Not available 24/7

Rapid response

 

Staff members who can help

 

 

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Education

You'll be amazed certain to be aware of the education efforts of ETFinance. We've reviewed a variety of trading websites previously but the educational services that is provided by ETFinance has surpassed the rest. ETFinance is a company that teaches its customers through trading Videos and relevant blog posts and articles, various courses as well as webinars.

 

Additionally Demo accounts are also accessible on an unlimited basis. So, what are you waiting for? ETFinance is the most reliable platform for learning and trade. It's better not to spend your time on it and begin trading now.

Pros

Cons

Demo account education is unlimited

None

Offers tutorials and webinars to support educational purposes.

 

A wide range of educational materials accessible

 

 

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Conclusion

Trading is thought to be one of the most popular activities these days. In the midst of hundreds of brokers, it can be difficult to pick a single one.

ETFinance offers all the essential and high-quality features you're searching for from the terms and policies to trading instruments and platforms Everything is top-of-the-line.

Our opinion is that ETFinance is a fantastic broker.

While shaking hands in partnership Keep your eyes on the following aspects,

Provide authentic information,

Verify your experience by selecting the live account

Learn more about educational material to improve your understanding,

Demo accounts are used to more refinement of your trading capabilities.

Summary
Properties Values
Name
ETFinance
Minimum Diposit
$ 100
Leverage
500:1
Regulation
CySEC (Cyprus),,,
Headquarters
Cyprus
Established
2016
Address
KPMG Center, 1 Agias Fylaxeos Street, 2nd Floor – Office 1, 3025 Limassol, Cyprus
Platform
MT4,MT4 WebTerminal,MT4 Android,MT4 iOS,Meta Trader Mobile,MT4 MultiTerminal,,,
Payment Method
Visa,Mastercard,Skrill,Neteller,Maestro,,,
Overview
Properties Values
Spreads
0.7 Pips
Min Position size
0.01
Broker Type
STP (Straight Through Processing),NDD (Non Dealing Desk),,,,,,
Account Type
Mini account,Scalping,High Leverage,Standard,,,
Brokers by Country
Cyprus Forex Brokers,,,
Techniques
Scalping Forex Brokers,Hedging Forex Brokers,Automated Trading Brokers,Mobile Trading Brokers,,,
Instruments
Forex Trading Brokers,Gold Trading Brokers,CFD Trading Brokers,Crypto Trading Brokers,Stock Trading Broke,Oil Trading Brokers,Commodity Forex Brokers,Metal Trading Brokers,Indexes Trading Brokers,,,
Account currency
,USD,,USD,,USD,,USD,,USD,,USD,,USD,,USD,
Tools
Economic Calendar,Charting Software,Pip Calculator,Profit Calculator,,,
Website Languages
en,,,
Support languages
en,,,
Bonus
Yes
Reviews Rating
3.8
Withdrawal Fee
No
Trading Signals
Yes
Free Education
Yes
Daily News
Yes
Demo account
Yes
Swapsr
Yes
Pors
1. Negative Balance Protection
2. Best Forex Broker by Forex for 2020
3. Simple process to open an account
4. Demo account with unlimited basis
Cors
1. There are no cons to be found.
Display Analysis
Yes
Serving country
CY,,,
Not Serving country
IO,,,
Contests
Yes
Market analysis
Yes
Copy Trading Brokers
No
Bitcoin Forex Brokers
Yes
Social trading
No
Web trading
Yes
Forex pairs
No
CFDs
Yes
Crypto
Yes
Hedging
Yes
PAMM
Myfxbook Auto trade,Mql5 signals,,,
Mobile Trading
Yes
Scalping
Yes
Automated Trading
Yes
Partnership Programs
Yes
Free Phone
+8006 003 7004
Customer Support
24/7
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