ETFinance Review 2026

ETFinance was a European forex and CFD broker brand operated by MAGNUM FX (CYPRUS) LTD. CySEC’s former-firm register records the company under CIF licence 359/18, originally granted on 4 June 2018, with ETfinance.eu and etfinance.com among its approved domains. The brokerage is no longer active: CySEC withdrew the CIF authorisation in January 2023 after voluntary renunciation, and the former ETFinance.eu broker domain is now a French-language finance/business magazine rather than a trading site.

Historically, ETFinance offered a broad retail CFD package: MetaTrader 4, a proprietary WebTrader/mobile interface, Silver/Gold/Platinum accounts, around 750 instruments, a USD250 entry deposit, commission-free account tiers and EU-retail leverage capped at 1:30. Those features were meaningful while the broker operated, but they are not current advantages in 2026 because the former CIF licence has been withdrawn and the original website no longer provides brokerage services.

The decisive drawback is that ETFinance is no longer an operating CySEC broker. CySEC records licence 359/18 as voluntarily renounced and formally announced the authorisation withdrawal on 14 February 2023. The regulatory history also includes a partial suspension in June 2020 and a €150,000 CySEC settlement announced in 2022. Any old review still presenting ETFinance as an active regulated CFD broker is therefore materially outdated.

There is no current ETFinance broker promotion to claim. CySEC withdrew MAGNUM FX (CYPRUS) LTD’s CIF authorisation after voluntary renunciation, and etfinance.eu is now a finance/editorial site rather than the former brokerage.

The most important ETFinance facts in 2026 are historical/status facts: former CySEC CIF licence 359/18, licence date 4 June 2018, voluntary renunciation and withdrawal in January 2023, company registration number 360548, and a repurposed former broker domain. While active, the brand offered MT4/WebTrader, Silver/Gold/Platinum accounts, approximately 750 instruments and retail leverage up to 1:30 under the Cyprus regime.

ETFinance emerged in 2018 as a retail forex/CFD brand of MAGNUM FX (CYPRUS) LTD after the company received CySEC licence 359/18 on 4 June 2018. It marketed leveraged trading across Europe through ETfinance.eu and etfinance.com. The regulatory history later included a short partial suspension in June 2020, a €150,000 settlement in 2022 and voluntary renunciation of the CIF licence, culminating in the January 2023 withdrawal. By 2026 the former domain had been repurposed.

ETFinance was a legitimate CySEC-regulated investment-firm brand while MAGNUM FX (CYPRUS) LTD held CIF licence 359/18, but it should not be described as a currently regulated or currently operating broker. CySEC now places the company in its former investment firms register and marks the licence “Voluntary Renunciation”; the present ETFinance.eu domain is unrelated editorial content. A visitor should therefore treat this page as a historical status review, not an active broker recommendation.

ETFinance is no longer a currently regulated brokerage. The former broker was operated by Magnum FX (Cyprus) Ltd, and its complete verified regulatory history needs to be shown as former/historical rather than as a live multi-regulator licence set.

CySEC's former-firm record also confirms that ETfinance.eu and etfinance.com were approved domains of Magnum FX while the CIF existed. The former ETFinance.eu broker domain is now a French-language finance/business editorial site, not an active brokerage. Historical Cyprus Investor Compensation Fund protection could apply only to eligible claims under the rules that applied while the CIF was authorised; it does not create protection for a new ETFinance account after withdrawal. Current universal negative-balance protection and segregated-fund protection are therefore not claimed for ETFinance in 2026.

For Belgium, ETFinance is marked unavailable rather than merely restricted. There is no current authorised ETFinance contracting entity or Belgian onboarding route to approve, and the former licence cannot be revived by EU passporting. Belgium's separate restrictions on distributing leveraged OTC CFDs and rolling-spot forex to consumers would also apply. No Open Account CTA should be shown.

Historical ETFinance awards may be retained with their original year/issuer, but no 2026 brokerage award is applicable because the brokerage no longer operates under the withdrawn CIF.

Historical account tables described ETFinance as an OTC forex/CFD broker and commonly labelled the execution model market-maker, while some secondary profiles used STP terminology. Because those descriptions conflict and the old execution-policy documents are no longer available from an active broker site, this review does not force a definitive current execution label. What is certain is that the former CySEC firm executed client orders in financial instruments under its then-authorised permissions.

No current ETFinance brokerage support channel exists in the verified source set. Contact information on the repurposed etfinance.eu site belongs to its present editorial use, not to MAGNUM FX’s former brokerage operation.

Any Cyprus address associated with MAGNUM FX is historical regulatory context. The former firm record should be used when researching past claims; it is not a current ETFinance headquarters.

Support quality should be judged by KYC, payment and complaint handling rather than sales responsiveness.

The current etfinance.eu site publishes finance/business content, but that should not be presented as the former broker’s client-education programme.

No current ETFinance order-execution or hedging model exists to evaluate under the withdrawn brokerage licence. Former execution documents should be labelled historical.

ETFinance is not a current Belgian broker option. The former Cyprus licence has been withdrawn and the original broker website has been repurposed, so no account-opening CTA is appropriate.

There is no current target customer for ETFinance as a brokerage because the licensed trading operation has ended. Historically it was aimed at European retail forex/CFD traders who wanted MT4/WebTrader, 0.01-lot minimum trades, a USD250 entry deposit and a large CFD instrument list. Those old product characteristics are retained only to explain what the former broker offered and should not be used as a reason to deposit with any new site using the name.

ETFinance is not appropriate for anyone looking for a currently operating regulated broker. The former CySEC authorisation has been withdrawn and the original domain no longer hosts the brokerage. It is particularly unsuitable to choose based on old pages that still advertise 1:30 retail leverage, 1:400/1:500 professional leverage, old spreads or bonuses because none of those commercial terms is a verified 2026 offer.

No current ETFinance discount, coupon, promo code, cashback or deposit-bonus programme can be verified because the brokerage is closed and ETFinance.eu has been repurposed. Historical promotional claims found in old broker reviews are not redeemable evidence of a present service. A code or “reactivation offer” sent by an unsolicited party should be treated cautiously and must not be linked to the former CySEC licence 359/18.

Silver/Gold/Platinum and other former ETFinance account specifications are historical. No active ETFinance trading account, deposit threshold or leverage schedule was verified in 2026.

There is no valid 2026 procedure for opening a new ETFinance live brokerage account under MAGNUM FX (CYPRUS) LTD. The historical flow involved online registration, identity/address verification, an appropriateness assessment, account selection and funding, followed by MT4/WebTrader access. Because CySEC withdrew the licence and the domain is now unrelated editorial content, visitors should not submit identity documents or funds to any site claiming to recreate that former onboarding flow under licence 359/18.

ETFinance historically offered a demo environment for practising its WebTrader/MT4 setup; some archived reviews describe the demo as time-limited. No current official ETFinance trading demo can be verified in 2026 because the former broker site has disappeared. A MetaTrader demo server or third-party page using the ETFinance name today would not demonstrate that MAGNUM FX (CYPRUS) LTD has regained authorisation or resumed operations.

ETFinance was a retail CFD broker, not a proprietary-trading evaluation company, so its Silver/Gold/Platinum accounts did not use funded-challenge profit targets or “trading objectives.” Historical restrictions instead came from margin, leverage, stop-out and suitability rules. Since the brokerage has closed, there is no current ETFinance challenge, funded-account target or second-chance programme to describe.

While MAGNUM FX (CYPRUS) LTD was an authorised CIF, eligible retail clients were covered by the Cyprus investment-firm framework, including client-money/safeguarding rules and the Investor Compensation Fund subject to its terms and limits. Those protections applied to the licensed entity during its regulated operation; they do not create protection for a new account today because the CIF authorisation has been withdrawn. Former clients must assess any legacy claim under the historical entity and applicable CySEC/ICF procedures.

Historical ETFinance live accounts required KYC/AML checks, including identity and residence verification before normal funding/withdrawal functionality. No current ETFinance brokerage KYC process exists on the repurposed domain. Anyone receiving a request in 2026 to upload a passport, address proof or bank/card documentation in the ETFinance name should first verify the requesting legal entity independently, because licence 359/18 is no longer active.

There is no current ETFinance broker funding or withdrawal route. Visitors should not send trading deposits merely because the old domain name still resolves to content.

Historical funding tables list Visa, MasterCard, Maestro, UnionPay, bank transfer and additional e-wallet/payment options, typically in EUR or USD. These methods describe the former broker only. The current ETFinance.eu website is not a trading platform and has no verified brokerage deposit page, so there is no legitimate 2026 ETFinance funding method that should be presented to visitors as active.

The historical minimum deposit commonly published for ETFinance Silver, Gold and Platinum accounts was USD250, with professional status based on regulatory eligibility rather than a lower retail entry amount. That USD250 figure is useful only as historical context. It is not a current deposit requirement because MAGNUM FX (CYPRUS) LTD has voluntarily renounced/withdrawn its CIF licence and the former broker is no longer operating.

Former ETFinance withdrawal methods included cards, e-wallets and bank transfer, generally with anti-money-laundering return-to-source controls. Historical reviews mention a EUR50 minimum for bank-wire withdrawals and possible bank/processing charges under certain conditions. None of those rails is a current ETFinance service in 2026. Anyone with an unresolved historical balance should preserve payment evidence and use the former legal entity/regulator records rather than paying a new “release” fee.

There is no current ETFinance broker portal through which a new withdrawal can be initiated. Historically, users submitted a withdrawal from the verified client area and selected an eligible payment route, with early-day requests sometimes processed the same business day in the broker’s published/archived material. Former clients with an unresolved claim should use original statements, transaction IDs and correspondence when contacting the appropriate payment provider, CySEC or legal adviser.

ETFinance did not offer a fixed investment payout; historical withdrawals represented available trading-account equity after positions and charges. No current payout timetable or withdrawal performance can be verified because the brokerage is no longer operating. Any contemporary message promising to release an “old ETFinance balance” in exchange for a tax, wallet deposit or activation payment should be independently verified and must not be assumed to come from the former CySEC firm.

Current ETFinance spreads, commissions and swaps are not applicable to an operating brokerage because the former CySEC authorisation has been withdrawn.

While active, ETFinance marketed roughly 750 leveraged instruments across forex currency pairs, cryptocurrency pairs, indices, commodities/metals and share CFDs. These were broker trading products rather than a current exchange/custody service. The present ETFinance.eu domain no longer offers any of those markets, so the instrument count is retained only as a dated description of the former brokerage.

Former MT4/WebTrader/mobile platform claims are historical and not an active 2026 ETFinance trading service.

Former ETFinance instrument lists covered forex, shares/stock CFDs, commodities, indices and cryptocurrency pairs, with historical marketing claiming around 750 instruments. Exact symbols and contract specifications varied over time and are no longer retrievable from an active official trading site. The current domain carries no broker instrument catalogue, confirming that these products are historical rather than available today.

ETFinance formerly used MetaTrader 4 live/demo server infrastructure, but no current authorised ETFinance server catalogue exists after the brokerage closed. Publishing an old MT4 server name as a 2026 connection instruction would be misleading and potentially unsafe. Former clients who need evidence should use old platform statements or account emails; new users should not connect credentials to an ETFinance-labelled server unless a newly licensed legal entity can first be verified.

Historical secondary records identify EUR, GBP and USD among ETFinance account/base-currency choices, while several payment tables prominently used EUR and USD. Because the broker is closed, there is no current base-currency menu to verify. These currencies should therefore be understood as former account settings, not as a 2026 promise that a functioning ETFinance account can be opened in EUR, GBP or USD.

ETFinance historically offered cryptocurrency pairs/CFDs among its leveraged instrument set, but it was not a self-custody crypto exchange. There is no current ETFinance crypto trading product because the former brokerage and licence are no longer active. Crypto pairs mentioned in old reviews should not be interpreted as evidence that any current website or wallet address using the ETFinance name is authorised to receive deposits.

Historical ETFinance retail leverage under the CySEC/ESMA regime was generally capped at 1:30, while qualifying professional clients were advertised leverage around 1:400 to 1:500. Those values describe the former regulated service. There is no current ETFinance leverage setting in 2026 because the CIF licence has been withdrawn and the original broker site has been repurposed.

Historical professional clients could receive higher leverage than the 1:30 retail cap after meeting professional-client criteria; retail users could not simply override regulatory limits. There is no current ETFinance control for changing leverage because the brokerage has ended. Any present-day instruction to “upgrade ETFinance leverage” should not be linked to licence 359/18, which CySEC now records as voluntarily renounced.

ETFinance historically advertised progressively tighter spreads by account tier, with secondary tables quoting minimum values around 0.07 for Silver, 0.05 for Gold and 0.03 for Platinum in the broker’s pricing format. Other historical reviews quote major-pair spreads in pip terms, so the old marketing figures are not perfectly standardised across sources. There is no current spread feed in 2026; the relevant fact for visitors is that these were former, not live, prices.

I could not verify a historical first-party ETFinance MAM or PAMM allocation product with published manager eligibility, allocation logic and fee schedule. The former broker offered retail/professional CFD accounts and MT4, but that is not evidence of a MAM/PAMM service. There is also no current ETFinance brokerage in 2026, so no managed-account product can be presented as available now.

MetaTrader 4, the principal historical ETFinance third-party platform, supports Expert Advisors and algorithmic strategies. Secondary broker specifications from the period indicate automated MT4 functionality, but there is no current ETFinance MT4 service or current broker trading rule to verify in 2026. EA support is therefore a historical platform characteristic only, not a live feature that visitors can sign up for today.

I did not find reliable first-party evidence that ETFinance operated a native social/copy-trading network comparable with eToro or ZuluTrade during its active period. Its documented platforms centred on MT4, WebTrader and mobile. Regardless of historical availability, no current ETFinance copy-trading service exists on the repurposed domain in 2026, so copy trading should be treated as unavailable today.