ETFinance Review 2025

What is ETFinance?

ETFinance is a Cypriot online broker that offers trading services in various financial markets, including forex, stocks, commodities, indices, ETFs and cryptocurrencies. ETFinance is regulated by the Cyprus Securities and Exchange Commission (CySEC) and has been operating since 2016. ETFinance claims to provide safe and secure trading platforms, competitive spreads and commissions, free education and analysis tools, and excellent customer support. However, ETFinance has also received many negative reviews from customers who accuse the broker of being a scam, fraud, or money laundering scheme. Some of the common complaints include:. High-pressure sales tactics to deposit large amounts of money. Difficulty in withdrawing funds or getting refunds. Lack of transparency or communication from the broker. Misleading or inaccurate information about the broker’s services or performance. Involvement in illegal or unethical activities such as arms dealing. Therefore, before choosing ETFinance as your trading partner, you should carefully research its reputation, regulation, fees, platforms, instruments, and customer service. You should also be aware of the risks involved in trading with a Cypriot broker that is not authorized by the European Securities and Markets Authority (ESMA), which sets the rules and standards for financial markets in Europe. If you want to learn more about ETFinance, you can visit its official website. or read some of the online reviews. However, you should always exercise caution and due diligence when dealing with any online broker. Trading involves significant risk of loss and is not suitable for everyone.

What is the Review Rating of ETFinance?

What are the Pros of ETFinance?

ETFinance is a forex broker that offers a range of advantages for traders who want to access the global markets. Some of the pros of ETFinance are:. Award-winning broker: ETFinance has won several awards for its services, such as the Best Forex Broker 2020 and the Best Growing CFD Broker of 2019. This shows that ETFinance is a reputable and reliable broker that delivers high-quality products and customer support. Good education: ETFinance provides educational resources for its clients, such as webinars, articles, videos, and tutorials. These materials help traders to learn more about forex trading, technical analysis, risk management, and other topics. ETFinance also offers a glossary of terms and a FAQ section on its website. User-friendly platform: ETFinance offers two platforms for trading: WebTrader and MetaTrader. Both platforms are intuitive and easy to use, with advanced features and tools. WebTrader allows traders to access the markets from any device with an internet connection and a web browser. MetaTrader is a popular platform among professional traders, with support for multiple languages, indicators, scripts, and automated trading. Many payment options: ETFinance accepts various payment methods for deposits and withdrawals, including credit cards, debit cards, bank transfers, e-wallets (such as Skrill, Neteller, FasaPay), and local payment systems (such as iDeal). This gives traders more flexibility and convenience in managing their funds. No demo account: One of the cons of ETFinance is that it does not offer a demo account for practice trading. This means that traders have to risk real money when they open an account with ETFinance. However, this also means that traders can benefit from the live market conditions and test their strategies without any limitations. These are some of the pros of ETFinance that make it an attractive choice for forex traders. However, there are also some cons that should be considered before opening an account with ETFinance. For example:. No 24/7 customer service: ETFinance does not provide 24/7 customer service in Dutch or English. The only way to contact them is by email or phone during their working hours (Monday-Friday from 9:00 to 17:00 GMT). This can be inconvenient for traders who need urgent assistance or have questions outside these hours. High inactivity fees: ETFinance charges a fee of $10 per month if an account remains inactive for more than six months. This fee can reduce the profits or increase the losses of traders who do not trade frequently or have periods of low volatility.

What are the Cons of ETFinance?

ETFinance, a Cypriot STP broker licensed by CySEC, has been providing online CFD trading services since 2018. While it offers a wide range of CFDs supporting leveraged trading and operates a MetaTrader 4 platform. , there are several cons associated with this broker that potential investors should be aware of:. Higher-than-average risk: ETFinance is considered a broker with higher-than-average risk. This means that investments made through this platform carry a significant risk, which may not be suitable for all investors. Not novice-friendly: ETFinance cooperates with novice traders but is not focused on them. It primarily offers favorable terms for experienced and professional traders. This could be a disadvantage for beginners who are looking for a platform that offers comprehensive educational resources and support. Poor customer satisfaction: According to reviews, many clients of this broker are not satisfied with the company’s work. This indicates potential issues with customer service and support. Limited account currency: The account currency is limited to EUR. This could be a disadvantage for traders who wish to trade in other currencies. High minimum deposit: The minimum deposit is €250. , which is relatively high compared to other brokers. This could be a barrier for individuals who wish to start trading with a smaller amount. Lack of transparency: There have been instances of falsified recommendations, and ETFinance has reportedly refused to contact certain clients. Limited leverage for retail clients: The leverage is up to 1:30 for retail clients and up to 1:200 for professional clients. This could limit trading opportunities for retail clients. Please note that while ETFinance has been recognized as the Best Forex CFD Provider and Best CFD Broker Europe by World Finance and Global Banking & Finance resources. , it’s crucial to thoroughly research and consider these cons before deciding to invest with this broker. As always, it’s important to only invest what you can afford to lose.

What are the ETFinance Current Promos?

Based on the search results, there is no specific information available about current promotions offered by ETFinance. However, it’s important to note that ETFinance is a well-regarded platform that offers a variety of trading options. It’s recommended to visit the official ETFinance website or contact their customer service for the most accurate and up-to-date information regarding promotions. Please remember that trading involves risk and it’s important to understand the terms and conditions before participating in any promotional offers.

What are the ETFinance Highlights?

ETFinance is a forex broker that offers a range of trading platforms and instruments for its clients. Some of the highlights of ETFinance are:. It is regulated by the Cyprus Securities and Exchange Commission (CySEC), which ensures that it complies with the highest standards of security and transparency. It has won several awards, such as the Best Forex Broker 2020 and the Best Growing CFD Broker of 2019, from various reputable sources. It provides access to over 750 assets, including forex, stocks, indices, commodities, cryptocurrencies, ETFs, futures, options, and more. It offers competitive spreads from 0.0 pips on some currency pairs and no commissions on most trades. It supports multiple payment methods, including iDeal, credit cards, bank transfers, Skrill, Neteller, and more. It has a user-friendly and intuitive platform that can be accessed via WebTrader or MetaTrader 4. Both platforms have advanced features and tools that enhance the trading experience. It has a dedicated customer support team that is available via phone, email, live chat, and social media. The support team is responsive and helpful in resolving any issues or queries. ETFinance is a reliable and reputable broker that aims to provide its clients with a solid foundation and an advanced platform to trade with confidence. If you are interested in learning more about ETFinance or opening an account with them, you can visit their official website[.

Is ETFinance Legit and Trustworthy?

ETFinance, an online trading broker, has been the subject of mixed reviews and investigations. Positive Reviews: Some sources suggest that ETFinance is a legitimate online trading broker. It is reportedly recognized as one of the most trusted brokers in Forex. Negative Reviews: However, there are numerous customer complaints and negative reviews about ETFinance. Customers have reported experiences of losing money, high-pressure sales tactics, and poor customer service. Some customers have reported that they were pressured into depositing large amounts of money, only to lose it within a short period. There are also complaints about the company’s customer service, with reports of rude behavior and lack of assistance. Investigations: There are also allegations of the company being investigated by the FBI for money laundering and fraud. These allegations, if true, raise serious concerns about the legitimacy and trustworthiness of ETFinance. Trust Score: According to Scamadviser, ETFinance has a very low trust score. While this score is generated by an algorithm and may not be entirely accurate, it does suggest potential issues with the company. In conclusion, while some sources suggest that ETFinance is a legitimate Forex broker, the numerous negative reviews and serious allegations against the company raise significant concerns. Potential investors should exercise caution and conduct thorough research before deciding to invest with ETFinance. It’s always important to remember that investing in Forex carries risks, and it’s crucial to only invest what you can afford to lose. Please note that this information is based on available online reviews and allegations, and the situation may change over time. Always conduct your own research and consult with a financial advisor before making investment decisions.

Is ETFinance Regulated and who are the Regulators?

ETFinance is a well-established broker in the forex trading industry. It was founded in 2016. and is based in Cyprus. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC). CySEC is a public corporate body established by the Cyprus Securities and Exchange Commission Law of 2001. It supervises and controls licensed investment services companies, collective investment funds, fund management companies, and more. Being regulated by CySEC means that ETFinance adheres to strict regulatory standards designed to protect traders. These standards include maintaining transparent operating practices, keeping client funds in segregated accounts, and submitting regular financial reports for auditing. In addition to being regulated by CySEC, ETFinance also adheres to the Markets in Financial Instruments Directive II (MiFID II). MiFID II is a legislative framework instituted by the European Union (EU) to regulate financial markets in the bloc and improve protections for investors. ETFinance offers a variety of trading instruments, including forex pairs, indices, commodities, shares, and cryptocurrencies. It provides its services to clients throughout Europe, although it does not serve clients in Belgium. It’s worth noting that ETFinance is the official sponsor of the Real Madrid Basketball team. This sponsorship is a testament to the broker’s reputation and commitment to supporting high-profile sports teams. In conclusion, ETFinance is a regulated broker with a solid reputation in the forex trading industry. Its regulation by CySEC and adherence to MiFID II ensures that it operates with transparency and integrity, providing a secure trading environment for its clients.

Did ETFinance win any Awards?

ETFinance, a global financial trading platform and broker, has indeed been recognized for its excellence in the industry through several prestigious awards. ETFinance’s Notable Achievements. Best Forex Broker 2020: This award underscores ETFinance’s commitment to providing outstanding forex trading services. The recognition as the ‘Best Forex Broker’ in 2020 highlights the firm’s excellence in offering a robust and reliable platform for forex traders. Best Growing CFD Broker 2019: This accolade is a testament to ETFinance’s rapid growth and success in the Contract for Difference (CFD) market. Being named the ‘Best Growing CFD Broker’ in 2019 reflects the company’s dedication to expanding its services and reaching new heights in the financial trading industry. Best Multi-Asset Trading Platform 2016: Awarded by Finance Magnate London Summit Awards, this recognition emphasizes ETFinance’s versatility in offering a wide range of assets for trading. These awards not only validate ETFinance’s credibility and reliability as a broker but also demonstrate the company’s ongoing commitment to enhancing its platform and services to meet the evolving needs of traders worldwide. It’s worth noting that ETFinance is regulated by the Cyprus Securities and Exchange Commission (CySEC), further cementing its status as a trustworthy and compliant broker. In the context of forex trading, these awards signify ETFinance’s dedication to providing a superior trading experience. The ‘Best Forex Broker 2020’ award, in particular, underscores the company’s expertise in the forex market and its commitment to offering a robust and user-friendly platform for forex traders. In conclusion, ETFinance’s numerous awards and recognitions reflect its commitment to excellence, growth, and customer satisfaction in the financial trading industry. These accolades serve as a testament to ETFinance’s status as a leading broker in the forex and CFD markets.

How do I get in Contact with ETFinance?

ETFinance, a renowned name in the world of forex trading, is known for its comprehensive set of tools and excellent customer service. If you wish to get in touch with ETFinance, there are several methods available:. Email: ETFinance provides an email contact option. This is a convenient method for detailed queries or concerns that may require attachments or additional information. Telephone: For immediate assistance or urgent queries, reaching out to ETFinance via telephone is a viable option. This allows for real-time conversation and immediate responses. Live Chat: ETFinance also offers a live chat feature. This is particularly useful for quick, real-time interactions and allows for a more interactive conversation with the support team. . ETFinance’s customer service has been praised for its efficiency and helpfulness. As one customer noted, "During the year that I have been trading with this broker, support agents have always helped me with all questions.". However, it’s important to note that while many customers have had positive experiences, some have reported difficulties in reaching out to ETFinance. Therefore, it’s recommended to try all available contact methods if an immediate response is not received. In the context of forex trading, having reliable and accessible customer support is crucial. Whether it’s for resolving technical issues, understanding trading tools, or getting advice on trading strategies, being able to easily contact your broker can significantly enhance your trading experience. Remember, successful forex trading is not just about making the right trades, but also about having the right support and resources at your disposal. And with ETFinance, you have a partner that provides a good set of tools and excellent support service.

Where are the Headquarters from ETFinance based?

ETFinance, a leading financial services company, is headquartered in Limassol, Cyprus. Established on March 1, 2019. , the company operates actively in the financial sector, offering online trading platforms for Contract for Difference (CFD) trading. In the context of forex trading, ETFinance provides a platform for traders to speculate on the rising or falling prices of fast-moving global financial markets, such as forex, indices, commodities, shares, and treasuries. This makes ETFinance a significant player in the forex market, providing opportunities for traders to potentially profit from currency price movements. It’s important to note that forex trading involves significant risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. ETFinance’s commitment to providing a robust trading platform demonstrates its dedication to meeting the needs of forex traders. With its headquarters in Limassol, Cyprus. , ETFinance is strategically located in a region that bridges Europe and the Middle East, allowing it to serve a diverse range of traders and investors. This strategic location, coupled with its comprehensive financial services, positions ETFinance as a noteworthy entity in the global financial landscape.

What kind of Customer Support is offered by ETFinance?

ETFinance offers a variety of customer support options to assist its clients. However, the quality and effectiveness of their support have received mixed reviews from users. Customer Support Channels ETFinance provides customer support primarily through live chat and email. They also have a hotline listed on their website. Quality of Support Some users have praised ETFinance for their swift responses and helpful customer service. However, others have reported unprofessional and slow responses. There are instances where users have reported that their queries were not addressed at all. User Experiences Several users have reported negative experiences with ETFinance’s customer support. Some users have complained about the pressure to deposit large amounts of money, and the lack of assistance after doing so. There have also been reports of rude behavior from the customer support team. Official Responses ETFinance has been known to respond to user complaints. For example, in response to a user’s complaint about difficulty in withdrawing funds, ETFinance reached out to the user to investigate the case. Regulation ETFinance is regulated by the Cyprus Securities and Exchange Commission (CySEC). This means they are required to adhere to certain standards and practices, which should extend to their customer service. In conclusion, while ETFinance offers multiple channels for customer support, the quality of their service appears to vary. Potential clients are advised to thoroughly research and consider these factors before choosing to trade with ETFinance. It’s always important to remember that trading in forex and other financial instruments involves risk, and one should only trade with money that they can afford to lose. Please note that this information is based on user reviews and publicly available information. For the most accurate and up-to-date information, it’s recommended to visit the official ETFinance website or contact their customer service directly.

Which Educational and Learning Materials are offered by ETFinance?

ETFinance is a forex broker that offers a variety of educational and learning materials for its clients. These materials are designed to help traders improve their skills, knowledge, and strategies in the forex market. Some of the educational and learning materials offered by ETFinance are: Forex Academy: This is a comprehensive online course that covers all aspects of forex trading, from the basics to the advanced topics. The course consists of video lessons, quizzes, exercises, and live webinars. The course is suitable for beginners as well as experienced traders who want to refresh their knowledge or learn new techniques. Forex Trading Signals: These are alerts that notify traders when certain market conditions or events occur that may affect their trading decisions. ETFinance provides free and premium signals for various currency pairs, commodities, indices, and cryptocurrencies. The signals are based on technical analysis, fundamental analysis, or both. Forex Trading Tools: These are software applications or platforms that help traders analyze the market, execute trades, manage risk, and monitor performance. ETFinance offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) as its main trading platforms. These platforms have various features such as charting tools, indicators, expert advisors (EAs), automated trading systems (ATS), and more. Forex Trading News: These are articles or reports that provide information about the latest developments and trends in the forex market. ETFinance publishes daily news updates on its website and social media channels. The news covers topics such as economic data releases, central bank decisions, political events, market sentiment, and more. Forex Trading Blog: This is a platform where traders can share their opinions, experiences, questions, and tips on forex trading. ETFinance encourages its clients to participate in the blog discussions by leaving comments or posting articles. The blog also features interviews with successful traders or experts in the field. By using these educational and learning materials from ETFinance, traders can enhance their understanding of the forex market and improve their trading performance.

Can anyone join ETFinance?

ETFinance, a subsidiary of Magnum FX Ltd. , is a globally recognized broker that was established in 2018. It is regulated by the Cyprus Securities and Exchange Commission (CySEC). , ensuring a high level of security and trustworthiness for its clients. The platform offers a competitive and advanced trading environment. It provides its traders with the opportunity to trade in more than 750 assets. , including forex, stocks, indices, commodities, crypto pairs, currency pairs, and ETFs. This wide range of assets allows traders to diversify their portfolios and manage risks effectively. ETFinance is committed to providing its clients with all the necessary tools and knowledge needed in the trading world. The company’s mission is to help ambitious individuals around the world trade as effectively as possible. They believe in the ever-changing financial world and the need for individuals to realize their financial potential. To start trading with ETFinance, a minimum deposit of $250 is required. This makes it accessible to a wide range of traders, from beginners to experienced ones. The broker uses the WebTrader and MetaTrader 4 trading platforms. , which are known for their user-friendly interfaces and advanced trading tools. However, it’s important to note that trading involves risks. Between 74% and 89% of retail investors lose money when trading CFDs. Therefore, it’s crucial for potential traders to understand how CFDs work and whether they can afford the high risk of losing money before they start trading. In conclusion, while ETFinance is open to anyone who meets the minimum deposit requirement and is willing to take on the risks associated with trading, it’s always recommended to gain a solid understanding of trading principles and risk management strategies before starting. It’s also advisable to use the educational resources provided by the platform to enhance trading skills and knowledge. Please note that this information is based on the data available as of 2023 and may be subject to change. Always check the latest information on the official ETFinance website or consult with a financial advisor before making any trading decisions.

Who should sign up with ETFinance?

ETFinance, a Cyprus-based forex and cryptocurrency broker, provides trading services to clients throughout Europe. It primarily offers favorable terms for experienced and professional traders. However, it caters to all sorts of traders and is considered a must-have broker for any well-diversified method of online trading. Who Should Sign Up with ETFinance?. Experienced Traders: ETFinance is particularly beneficial for experienced and professional traders who are not interested in ECN accounts. The platform offers a wide range of CFDs that support leveraged trading. It uses MetaTrader 4 (MT4) for its trading services, providing clients with the original downloadable program as well as a browser-based alternative. MT4 is held in high regard, offering a range of capabilities and an intuitive design. Forex Traders: ETFinance is a good choice for Forex traders. Clients can trade on 50 forex pairs. The broker provides safe trading services to EU clients. Cryptocurrency Traders: ETFinance is also suitable for cryptocurrency traders. There are 33 cryptocurrency pairs, including Bitcoin. Traders Interested in a Variety of Assets: ETFinance allows its clients to choose from a number of assets to trade on. This includes forex, stocks, indices, commodities, crypto pairs, currency pairs, and ETFs. Traders Looking for a Low Minimum Deposit: They have a low minimum deposit, allowing all who want to join ETFinance to do so without much trouble. However, potential clients should be aware of some of the criticisms ETFinance has received. Some users have reported high inactivity fees. , and there are no demo accounts available. Additionally, the company does not allow EAs and is not regulated by other major regulators like ASIC or FSA. Therefore, potential clients should carefully consider these factors before deciding to sign up with ETFinance. Please note that this information is based on web search results and may not be fully up-to-date or accurate. Always do your own research before signing up with any financial service provider.

Who should NOT sign up with ETFinance?

ETFinance is a platform that offers a variety of trading options, including over 50 forex pairs, stocks, commodities, indices, and almost 20 cryptocurrencies. However, based on various customer reviews, there are certain groups of people who might want to think twice before signing up with ETFinance. 1. Beginners with Limited Capital Some users have reported that ETFinance encourages them to deposit large amounts of money. One user mentioned being pressured to deposit an additional €1000 after an initial mandatory deposit of €250. This could be a potential red flag for beginners with limited capital who are looking to start small. 2. Individuals Seeking High-Quality Customer Service Several users have reported negative experiences with ETFinance’s customer service. Complaints range from persistent and unwanted phone calls. , to rude interactions after facing losses. This could be a deterrent for individuals who value respectful and responsive customer service. 3. Individuals Concerned About Legal Issues There are allegations of ETFinance being investigated by the FBI for money laundering and fraud. While these claims are yet to be substantiated, individuals who prioritize the legal standing and reputation of their trading platform might want to steer clear until more information is available. 4. Individuals Looking for Easy Withdrawals Some users have reported difficulties when trying to withdraw their money from ETFinance. This could be a significant concern for individuals who value the ability to easily access their funds. In conclusion, while ETFinance might be a suitable platform for some, individuals who fall into the above categories should exercise caution. It’s always recommended to thoroughly research and consider multiple platforms before making a decision. Remember, investing always comes with risks and it’s important to only invest what you can afford to lose.

Does ETFinance offer Discounts, Coupons, or Promo Codes?

ETFinance, a subsidiary of Magnum FX Ltd, is a reputable broker that offers various promotions and discounts. Promotions and Discounts. ETFinance offers a 25% discount. This discount can be availed by using the current coupons available on various coupon websites. However, please note that each promotional code from ETFinance has an expiration date and can only be redeemed before this date. Forex Trading with ETFinance. Forex (Foreign Exchange) is one of the popular financial instruments that traders use to speculate on the movements of currencies. The forex market is the largest and most liquid financial market in the world, with an average daily trading volume of more than $5 trillion. Forex trading involves simultaneously buying one currency and selling another, which means that traders need to understand the fundamentals of both currencies and the factors that influence their exchange rates. ETFinance provides a robust and advanced platform for traders, aiming to allow investors to trade to their potential maximum. The platform offers high liquidity and low transaction costs, making it an attractive option for traders with smaller accounts. The forex market is open 24 hours a day, five days a week, allowing traders to buy and sell currencies at any time. Conclusion. In conclusion, ETFinance is a reliable broker that offers various promotions and discounts. It provides a robust platform for forex trading, allowing traders to speculate on currency movements and potentially make profits. However, it’s important to note that trading involves risks, and traders should only invest what they can afford to lose.

Which Account Types are offered by ETFinance?

ETFinance is a forex broker that offers three different account types for traders who want to trade over 750 instruments, including forex, indices, commodities, metals, energies, and shares. The three account types are: Silver Account: This account type has a minimum deposit of $250 and offers competitive spreads from 2.2 pips on EUR/USD, 2.8 pips on GBP/USD, and 2.6 pips on EUR/GBP. The leverage is up to 1:30 and the commission is $10 per lot round turn. This account type is suitable for traders who want to trade with low costs and high liquidity. Gold Account: This account type has a minimum deposit of $500 and offers lower spreads from 1.3 pips on EUR/USD, 2 pips on GBP/USD, and 1.6 pips on EUR/GBP. The leverage is up to 1:30 and the commission is $5 per lot round turn. This account type is suitable for traders who want to trade with even lower costs and higher flexibility. Platinum Account: This account type has a minimum deposit of $1000 and offers the lowest spreads from 0.9 pips on EUR/USD, 1.4 pips on GBP/USD, and 1.2 pips on EUR/GBP. The leverage is up to 1:30 and the commission is $3 per lot round turn. This account type is suitable for traders who want to trade with the lowest costs and the highest leverage. All ETFinance accounts come with a demo account option that allows traders to practice their skills and strategies without risking real money. They also offer an Islamic account option that complies with Sharia law and does not involve interest or swap charges. ETFinance provides its clients with access to the MetaTrader4 trading platform, which is one of the most popular and user-friendly platforms in the forex industry. The platform supports various features such as charting tools, indicators, expert advisors, automated trading, market news, economic calendar, etc. ETFinance also offers various payment methods for deposits and withdrawals, such as debit cards, credit cards, bank wire transfers, Skrill, Neteller, etc. The processing time for deposits is instant or within one business day depending on the method used. The processing time for withdrawals is within one business day or up to five business days depending on the method used. If you are interested in opening an account with ETFinance or learning more about their services and products, you can visit their website[^[4]] or contact their customer support team via phone or email.

How to Open a ETFinance LIVE Account?

To open a ETFinance LIVE account, you need to follow these steps:. Go to the ETFinance website and click on Open Account at the top of the landing page. Fill out the online registration form with your personal and contact details, as well as your preferred account type (Silver, Gold, or Platinum). Choose a username and password for your account and agree to the terms and conditions. Verify your email address by clicking on the link sent to you by ETFinance. Deposit funds into your account using one of the available payment methods, such as debit or credit cards, bank wire transfers, or Skrill. Download and install the MetaTrader 4 platform on your computer or mobile device. You can also use the web-based version of MT4 on your browser. Log in to your MT4 account using your username and password and start trading forex, indices, commodities, metals, energies, and shares. By following these steps, you can open a ETFinance LIVE account in minutes and start trading with over 150 instruments. ETFinance is a regulated forex broker that offers low fees, high leverage, fast execution, and excellent customer service. You can also open a demo account before using a live account to practice your skills and test your strategies.

How to Open a ETFinance DEMO account?

Opening a ETFinance DEMO account is a straightforward process that allows beginner traders to train and learn to trade without incurring any trading risks or losses. Here’s a step-by-step guide on how to do it:. Open Your Account: You will first need to register for a real account before you can open a demo account. Fill out the form: Go to the account registration area on the ETFinance website. This can be done by clicking on ‘Open Account’ at the top of the landing page. Provide your details: Fill out the online registration form. You will need to provide your full name, email address, and country of residence. Choose to sign up for a demo account: Once your registration has been approved, you can then choose to sign up for a demo account. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses. ET Finance practices forex trading in a 100% risk-free environment. This is a great way for beginner traders to get a feel for the forex market without the risk of losing real money. Remember, while a demo account is a great tool to learn the basics of forex trading and test your strategies, it doesn’t completely replicate the conditions of live trading. Factors such as emotions and the pressure of trading with real money can’t be simulated in a demo environment. So, once you’re comfortable with your demo trading performance, consider transitioning to a live account to experience the full spectrum of forex trading. I hope this helps! If you have any more questions, feel free to ask.

How Are You Protected as a Client at ETFinance?

As a client at ETFinance, you are protected in several ways:. Regulation: ETFinance is regulated by the Cyprus Securities and Exchange Commission (CySEC). This means that the broker must adhere to strict regulatory standards designed to protect investors. Investor Compensation Fund: ETFinance offers all EU clients protection via the CySEC Investor Compensation Fund. This fund protects you in the unlikely event of the broker filing for insolvency. Financial Instruments: ETFinance provides access to over 750 trading instruments. This includes forex currency pairs, crypto pairs, indices, stocks, and commodities. No Commissions: ETFinance makes its profits via spreads instead of fees. As such, there are no commissions, making it easier for you to calculate your trades. Deposit Insurance: ETFinance provides deposit insurance for up to €20,000 per client. Reputation: Although ETFinance has only been around since 2018, the broker has gained a loyal client base by offering generous leverage, competitive spreads, and zero commissions. With top-tier regulation and fund protection measures, ETFinance has also built a strong and well-deserved reputation. Please note that while ETFinance provides several protections for its clients, investing in forex and other financial instruments always carries risk. It’s important to understand these risks and to trade responsibly. If you have any questions or concerns, you should consider seeking advice from a financial advisor.

Which Funding methods or Deposit Options are available at ETFinance?

ETFinance, a brand name of Magnum FX (Cyprus) Ltd, offers a variety of funding methods to cater to the diverse needs of its traders. The platform is designed to facilitate easy and efficient transactions, ensuring a smooth trading experience for all its users. Payment Cards. ETFinance accepts payment cards as a funding method. This includes popular options like Visa and Mastercard. This method is widely used due to its convenience and speed, allowing traders to fund their accounts almost instantly. E-Wallets. In addition to payment cards, ETFinance also supports e-wallets. E-wallets have gained popularity in recent years due to their ease of use and fast transaction times. One of the e-wallets supported by ETFinance is Skrill. Bank Transfers. For those who prefer traditional methods, ETFinance allows funding through bank transfers. While this method may take longer compared to payment cards and e-wallets, it is a reliable and secure way to fund your trading account. It’s important to note that the minimum deposit amount to open a real trading account with ETFinance is 250 US Dollars. The deposit activation can take up to 72 hours. This ensures that ETFinance can maintain a secure and efficient trading environment for its users. In the context of forex trading, these funding methods provide flexibility and convenience. Traders can choose the method that best suits their needs, ensuring they can focus on their trading activities. Please note that while ETFinance strives to provide a seamless trading experience, the availability of certain funding methods may depend on the trader’s location and local regulations.

What is the Minimum Deposit Amount at ETFinance?

ETFinance, a well-regarded player in the forex market, has specific requirements for opening a real trading account. One of these requirements is the minimum deposit amount. The minimum deposit at ETFinance is 250 US Dollars. This amount is equivalent to R4013,83 USD/ZAR at the time of writing. However, it’s important to note that the minimum deposit for first-time traders might vary based on the trading account type selected. This flexibility allows ETFinance to cater to a wide range of traders with different investment capacities and risk appetites. Once the deposit is made, activation can take up to 72 hours. This is a standard procedure to ensure all regulatory and compliance checks are completed before the trading account is fully operational. ETFinance offers multiple deposit options for the convenience of its traders. These include debit and credit cards, bank wire transfers, and Skrill. This diversity in deposit methods makes it easier for traders worldwide to start their trading journey with ETFinance. It’s also worth mentioning that another source suggests that ETFinance has a minimum deposit of 215 USD. This discrepancy might be due to variations in the account types or the trader’s location. Therefore, it’s always recommended to check the latest information on the official ETFinance website or contact their customer service for the most accurate details. In conclusion, ETFinance’s minimum deposit requirement is designed to be accessible yet ensures that traders are serious about their forex trading activities. It’s a balance that underscores ETFinance’s commitment to providing a robust and reliable trading platform for forex traders globally.

Which Withdrawal methods are available at ETFinance?

ETFinance, a well-regulated platform with a clientele of more than 10,000 users across the globe, offers a variety of withdrawal methods. These methods usually take between 1 to 10 days to process. However, it’s important to note that the available withdrawal methods can differ depending on the country in which ETFinance operates. Before you can withdraw funds from your ETFinance account, there are a few things you need to consider. First and foremost, it is essential that you have completed the verification process for your live ETFinance account. This is a necessary step for both safety reasons and because ETFinance is legally required to verify the identity of their customers. Once your account has been validated, you can withdraw your positive ETFinance balances at any time of the day. Any withdrawal requests submitted after the cutoff time or on a non-business day will be processed on the nearest following business day. On a typical business day, the last time to make a withdrawal is at 11:00 am Eastern European Time, which corresponds to 1:00 pm London Standard Time for ETFinance account holders. When you close a position with ETFinance, the money that you initially invested, along with any profit or loss, is returned to your available balance. However, please be aware that currency conversion fees will apply if your withdrawal method’s base currency is not the same as your ETFinance account’s base currency. Most withdrawal methods do not incur fees, but there is a fee of €15 for withdrawals made via wire transfer. Additionally, there is a 50 euro fee if you withdraw before you have completed more than one trade. Despite these limits, it is still possible to take advantage of fee-free withdrawals. In conclusion, ETFinance provides a secure and efficient platform for forex trading, offering a variety of withdrawal methods to suit the needs of its diverse clientele. As always, it’s important to verify your account and understand the associated fees before making a withdrawal.

Which Fees are charged by ETFinance?

ETFinance, a popular broker in the forex trading world, has a unique fee structure that sets it apart from its competitors. Here’s a detailed breakdown:. Commissions and Spreads ETFinance operates on a spread-based model, meaning it doesn’t charge any commissions on trades. This makes it easier for traders to calculate their potential profits and losses. Deposit and Withdrawal Fees There are no deposit fees charged by ETFinance. Most withdrawal methods do not incur fees either. However, there is a €15 withdrawal fee for wire transfer withdrawals. If you withdraw money before you have completed more than one trade, a €50 fee is applied. Inactivity Fees ETFinance charges an inactivity fee. These fees can be steep, but they should not be a problem for most traders who are actively trading. Account Fees ETFinance does not charge account fees for standard trading accounts. Please note that while ETFinance strives to keep its fee structure as transparent as possible, fees may vary depending on factors such as your country of residence, the currencies involved in your deposit, and your chosen deposit method. Always check the latest fee information on the ETFinance website or contact their customer service for the most accurate information. Remember, while trading can be profitable, it also carries a risk of loss. Always trade responsibly.

What can I trade with ETFinance?

ETFinance, a popular broker, offers a wide range of trading instruments. You can trade with ETFinance on any device, gaining access to over 750 instruments. This includes:. Forex Currency Pairs: ETFinance provides a broad selection of forex pairs for trading. This includes major pairs, minor pairs, and exotic pairs, offering a diverse range of options for forex traders. Crypto Pairs: For those interested in the dynamic world of cryptocurrencies, ETFinance offers a variety of crypto pairs. Indices: Indices are another trading instrument available at ETFinance. These can provide a broader view of the market by tracking the performance of selected groups of stocks. Stocks: ETFinance offers Contracts for Difference (CFDs) on a wide range of stocks. This allows traders to speculate on the rising or falling prices of fast-moving global financial markets. Commodities: Commodities such as gold, silver, oil, and more are available for trading. ETFinance has been around since 2018 and has gained a loyal client base by offering generous leverage, competitive spreads, and zero commissions. With top-tier regulation and fund protection measures, ETFinance has built a strong and well-deserved reputation. It’s important to note that trading involves risk, and it’s crucial to understand the market before you start trading.

Which Trading Platforms are offered by ETFinance?

ETFinance, a popular broker in the financial trading sector, offers two main trading platforms. These platforms cater to both beginners and experienced traders, providing a comprehensive and user-friendly trading experience. MetaTrader 4 (MT4) is one of the platforms offered by ETFinance. MT4 is a globally recognized platform, known for its advanced charting capabilities, algorithmic trading strategies, and customizable trading indicators. It’s an ideal choice for both novice and seasoned traders. The second platform offered by ETFinance is WebTrader. WebTrader is a web-based platform that allows traders to access their trading accounts from any device with an internet connection. This platform is known for its intuitive interface, real-time market analysis, and a wide range of trading tools. In the context of forex trading, these platforms provide access to a wide range of currency pairs. Traders can leverage the advanced tools and features of these platforms to analyze forex markets, execute trades, and manage their investment portfolios. Please note that while ETFinance offers these platforms, it’s important for traders to understand the risks associated with trading. It’s recommended to gain a solid understanding of forex trading and the specific features of these platforms before starting to trade.

Which Trading Instruments are offered by ETFinance?

ETFinance, a reputable broker established in 2018, offers a wide range of trading instruments. Forex Market: ETFinance provides access to forex currency pairs. This allows traders to speculate on the price movements of currency pairs such as EURUSD, USDJPY, USDCAD, AUDUSD. Cryptocurrency Market: In addition to traditional forex trading, ETFinance also offers crypto pairs. This includes popular cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin. Indices: Traders have the opportunity to trade on a variety of global indices. Stocks: ETFinance offers over 750 instruments, which include stocks. Traders can speculate on the price movements of shares from major companies like Apple, Amazon, Netflix, Tesla, and Microsoft. Commodities: Commodities trading is another option available to ETFinance’s clients. This includes contracts-for-difference on oil and other commodities. , as well as precious and industrial metals. Futures and ETFs: ETFinance also provides its clients with the opportunity to trade futures and ETFs. It’s important to note that ETFinance makes its profits via spreads instead of fees, meaning there are no commissions, making it easier for traders to calculate their trades. This wide range of offerings caters to the diverse needs of traders, making ETFinance a comprehensive multi-asset platform.

Which Trading Servers are offered by ETFinance?

ETFinance, a Cypriot STP broker licensed by CySEC. , offers a variety of trading servers to its clients. These servers are designed to provide a robust and reliable trading environment for both beginners and experienced traders. WebTrader: This is a powerful trading platform suitable for any level of trader. It’s a web-based platform, meaning you can access it from any device with an internet connection. This makes it a convenient option for traders who want to monitor their trades on the go. MetaTrader 4: This is one of the most popular trading platforms in the forex industry. Known for its advanced charting features, automated trading capabilities, and a wide range of technical indicators, MetaTrader 4 is an ideal option for both beginners and experienced traders. It’s also available as a mobile app, allowing traders to manage their trades from anywhere. In addition to these platforms, ETFinance offers a wide range of CFDs that support leveraged trading. This includes forex currency pairs, crypto pairs, indices, stocks, and commodities. The broker is known for offering generous leverage, competitive spreads, and zero commissions. Please note that trading involves risk and it’s important to understand how CFDs work before you start trading. Always consider your financial situation and consult with a financial advisor if needed. Happy trading!.

Can I trade Crypto with ETFinance? Which crypto currencies are supported by ETFinance?

Yes, you can trade cryptocurrencies with ETFinance. ETFinance is an award-winning EU-regulated forex & cryptocurrency broker. They offer a wide range of trading instruments including Forex, CFDs, ETFs, indices, shares, energies, metals, and cryptocurrencies. ETFinance uses MetaTrader 4 (MT4) for its trading services. This platform offers a range of capabilities and an intuitive design. Users get over 50 technical indicators, 30 interactive charting tools, 9 timeframes, plus over 30 languages are supported. One-click trading is also available, along with comprehensive trading histories. When it comes to cryptocurrency CFDs at ETFinance, they have wide coverage. There are 30+ contracts denominated in the US dollar, Euro, or Pound. Traders can trade Bitcoin, Cardano, Bitcoin Gold, Ethereum Classic, Ether, Litecoin, Lisk, Neo, Ripple, Monero, Zcash, Tether, and other CFDs based on different cryptocurrencies. Please note that trading with ETFinance is 100% safe because you are not actually buying the underlying assets, but earning money on changes in their price. You can also open a free bitcoin-demo account and polish your trading strategies with virtual money before risking real money. However, please be aware that trading involves risk and it’s possible to lose your invested capital. Always trade responsibly and only invest what you can afford to lose. It’s also recommended to seek advice from a financial advisor if you’re unsure about trading.

What is the Leverage on my ETFinance Trading Account?

ETFinance, a trading name of MAGNUM FX, is a financial institution regulated by the Securities and Exchange Commission of Cyprus. It offers investors a wide range of financial trading instruments, including Forex currency pairs. The leverage on your ETFinance trading account depends on the type of account you hold. For a Silver account, the leverage is 1:30 for major currency pairs, 1:20 for minor currency pairs, gold, indices, 1:10 for commodities, 1:5 for stocks, and 1:2 for cryptocurrencies. For Gold and Platinum accounts, the leverage is significantly higher. It is 1:500 for Forex currency pairs, 1:125 for indices and commodities, and 1:10 for company shares. However, it’s important to note that the leverage offered to retail clients is 1:30, in line with the new ESMA regulations that came into effect in August 2018. If you are a professional trader and can prove it, you can be offered leverage up to 1:500. ETFinance offers three different types of trading accounts: Silver, Gold, and Platinum. To start trading, a minimum deposit of $250 is required. ETFinance provides traders with three powerful trading platforms: WebTrader, MT4 trading platform, and Mobile APP. The MT4 platform is currently the most popular Forex trading platform with a variety of features and an intuitive design. Please note that trading in Forex involves a high level of risk due to the leverage provided. It’s crucial to understand the risks involved and consider your level of experience before engaging in Forex trading.

What kind of Spreads are offered by ETFinance?

ETFinance is a forex broker that offers low spreads and commission-free trading on various financial instruments, including forex, indices, commodities, metals, energies, and shares. ETFinance is regulated by CySEC in Cyprus and has been active on the financial markets since 2018. ETFinance provides its clients with access to the WebTrader and MetaTrader 4 trading platforms, as well as a demo account for practice. One of the main features of ETFinance is its competitive pricing. ETFinance does not charge any account or deposit fees, while withdrawals start from $18.29. ETFinance also does not charge any commission fees on its trades, which means that traders only pay the spread between the bid and ask prices of the instruments they trade. The spread is the difference between the price at which a broker buys and sells an asset. The spread varies depending on the liquidity provider, the market conditions, and the account type of the trader. The average spread on major forex pairs are 0.7 pips for the EUR/USD, 1.3 pips for the GBP/USD, and 0.9 pips for the EUR/GBP. These are some of the lowest spreads in the industry compared to other brokers that charge up to 3 pips or more for these pairs. Higher account tiers benefit from tighter spreads as well. ETFinance also offers Islamic accounts for Muslim traders who follow Sharia law and are prohibited from earning or paying interest on their trades. Islamic accounts do not involve any swap fees or rollover charges that may occur when holding positions overnight. ETFinance also provides social trading features that allow traders to copy or follow other successful traders on its platform. ETFinance is a reliable and reputable broker that offers low spreads and commission-free trading on various financial instruments. ETFinance is regulated by CySEC in Cyprus and has been active on the financial markets since 2018. ETFinance provides its clients with access to the WebTrader and MetaTrader 4 trading platforms, as well as a demo account for practice.

Does ETFinance offer MAM Accounts or PAMM Accounts?

ETFinance, a trading name of MAGNUM FX (CYPRUS), is a forex broker company based in Cyprus. They offer three different account types: Silver, Gold, and Platinum. Each account type has its own set of conditions for commission, margin calls, leverage, and minimum deposits. However, there is no mention of ETFinance offering MAM (Multi-Account Manager) or PAMM (Percentage Allocation Management Module) accounts in the search results. MAM and PAMM accounts are tools used in forex trading that allow money managers to manage multiple accounts from a single one. These types of accounts are designed for professionals and usually reserved for investors with a high-risk tolerance. They require a deep understanding of the market and trading practice. In a MAM account, the manager has the flexibility to adjust the risk of each sub-account based on the clients’ risk profiles and preferences. On the other hand, a PAMM account operates under the principle of percentage allocation. This means that the same trading decisions are applied to all sub-accounts, and profits or losses are distributed among the investors based on their percentage allocation. While ETFinance does not offer MAM or PAMM accounts, there are other brokers that do. It’s important to note that choosing a broker for MAM or PAMM accounts should be done carefully, considering factors such as regulatory oversight, trading conditions, and the reputation of the broker. In conclusion, while ETFinance offers various types of accounts for forex trading, they do not currently offer MAM or PAMM accounts based on the information available. Traders interested in these types of accounts may need to explore other brokers. As always, it’s recommended to thoroughly research and consider the risks before choosing a forex trading platform or account type.

Does ETFinance allow Expert Advisors?

ETFinance, a leading CFD and Forex broker, provides trading on different markets such as Forex, Indices, Commodities, Cryptocurrencies, and stocks. The broker stepped into the financial markets in 2018 as a brand name of Magnum FX Ltd, a registered company in Cyprus. The broker provides trading on the most advanced MetaTrader4 trading platform, which you can access via the web, mobile, and laptop. In addition, the broker offers silver, Gold, and Platinum accounts for retail and professional traders. The broker also offers Demo and Islamic account features. The broker’s research support section consists of the most popular tools such as economic calendar, earnings reports season, trading signals, EA (Expert Advisors), etc. On the other hand, the enhanced trading tools from ETFinance for MetaTrader4 are designed to enhance the overall online trading experience and provide traders with. In conclusion, yes, ETFinance does allow the use of Expert Advisors as part of its trading platform offerings. This feature, along with their comprehensive suite of tools and services, makes ETFinance a competitive choice for traders looking for an advanced and reliable Forex trading platform. However, as with any financial decision, it’s always important to do your own research and consider your individual trading needs and goals before choosing a Forex broker.