FX week in review: Equiti Cyprus office, Vantage Connect launch, MultiBank moves HQ, eToro Germany departures

The company has offices in Amman, Dubai, Nairobi, London, Auckland, Miami and Yerevan. Equiti gives you a choice of two live trading account options. There is the “Executive” and “Premiere” accounts with required minimum deposits of $500 and $20,000 respectively. The Executive accounts have commission-free trading, but this is because there is a spread mark-up. Therefore, it has relatively higher spreads that start from 1.4 pips. On the other hand, you need a much bigger minimum deposit to trade with zero spreads on the Premiere account.

Equity operates mainly in the Middle East market through Equity limited Jordan – a registered trade name in Jordan. Additional entities are registered in the United Arab Emirates, and in the UK and authorized by the Financial Conduct Authority. Equiti Overall Ranking is 8.8 out of 10 based on our testingand compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers. For the negative side, Trading conditions may vary according to entity rules, there is No 24/7 support and First deposit requirement is rather high. If Equiti’s website itself does not provide enough means, a trader should explore other informative websites and means to obtain that knowledge.

Trade on Margin

As with MT4, you can use the MT5 platform on web, desktop and mobile. Equiti holds several regulations in various jurisdictions. However, the firm has also received a regulatory warning. If you have trouble with your Equiti account, let us know. All in all, relatively non-transparent for a legitimate broker. Our detailed Equiti review will show all the entities this company has, along with licensing details and regulatory warnings related to them.

At Equiti we aim to provide prompt and helpful assistance to all of our clients and we would like the opportunity to talk and investigate your feedback further. Internet Connection Stability – Our VPS solution offers a professional setup. We have a high grade Internet connection and multiple backup connections in case one or more go down. In comparison a Home Internet connection has no backup and can vary in reliability. We provide all services on a month-to-month basis (unless you have chosen to pre-pay for multiple months).

We do not provide financial advice, offer or make solicitation of any investments. Equiti accepts a good variety of payment methods for quick and easy account deposits and withdrawals. I like how they support digital wallets as I find this to be the most convenient way for me to move funds around between my trading accounts. It is also very fast which is important in case there is some market news that I want to try and take advantage of and need quick access to my funds. In this instance, I wouldn’t want to be waiting around days for a bank transfer to clear. However, I do think they could improve by adding support for crypto payments.

• Equiti does not provide an equal trading opportunity to all clients due to several different entities.
• This allows a potential client to experiment with the trading platform and get familiar with its various features, before deciding to set up a real account.
• Yes, Equiti offers a good trading environment for all types of traders, from beginners to advanced.
• Never trade with the money that you cannot afford to lose!
• We have a high grade Internet connection and multiple backup connections in case one or more go down.
• This account offers more competitive trading conditions, but requires a $ 20,000 Deposit.

The company holds clients’ funds in segregated accounts and is prohibited from using these operational purposes. Equiti must also adhere to certain standards and procedures, and regular reports on trades to the commission are mandatory. Forex brokers tend to lure new traders with offers of attractive deposit bonuses. This can be useful, but it is essential to discern what a proper bonus is. With the Executive account, the minimum required deposit is US Dollar 500, and this account allows for trading free of commission charges and with costs included in a spread from 1.6 pips. Margin is the amount of money required in your account in order to open a position.

Our Services

FX Trading Revolution will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information. Equiti Group is a pioneering FinTech firm and world-class provider of online trading technology and multi-asset financial products. A vast collection of infographics can be used as references by customers to help understand the fundamentals of forex trading and using the MetaTrader 4 platform. Equiti’s Academy is essentially an education center that offers a variety of tools, resources, and guides to help beginner, intermediate, and advanced traders develop their strategies and expand their knowledge. MetaTrader 4 also provides a great environment to develop, test, and optimize algorithmic trading strategies. This allows traders to implement just about any strategy as an Expert Advisor.

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This account has spreads from 0.0 pips which is great but there is a small commission fee of $7 per standard lot round turn on top of that. Generally speaking, I found the costs to be in line with what you can expect from most reputable brokers. You could probably shop around to save a little but I think this would only be worthwhile if you are trading in very large volumes. Otherwise, I personally think the difference will be negligible. Platforms available for trading at Equiti are the world’s most advanced and popularly-used MT4 and MT5 platforms. In any case, we recommend using MT4 or MT5 for your trading platform.

Research Tools

Traders need to acknowledge that with higher levels of leverage comes higher levels of gain and losses in equal and varying measures. The platform is excellent, however, missing some more stocks that can we traded. However, according to our withdrawal policy, we ensure we adhere to the highest standards of regulatory compliance & Anti-money Laundering policies. Fees of managed accounts calculated with obscure maths… Please note that Equiti’s fee structure is outlined in the account terms and conditions.

The company offers several phone numbers for users to choose from depending on location and a different email for sales calls and for support calls. These are all excellent ways to gain a thorough understanding of the forex market and CFD trading. If you are a beginner in trading, we highly advise you to make use of such resources because trading always comes with some risk and it is essential you have a clear idea of the basic terms, process and conditions. Whether a complete beginner or a trading expert, you can create multiple demo accounts to get a taste of Equiti Capital before investing. Any opinions, news, research, predictions, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice.

Low latency Forex VPS

The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. We accept Credit/Debit Cards, PayPal, Skrill and Coingate (Bitcoin & Cryptocurrencies) payments. If you overpay, credit will be applied to your account; this allows you to prepay if desired. Account credit is always used before charging other type of payments for ongoing service .

Equiti’s extensive library of educational resources demonstrates its dedication to helping its clients succeed. Lastly, users have access to real-time financial news updates to help them stay on top of important updates and adjust their strategies accordingly. Traders can opt to receive customized alerts when certain events occur such as price changes.

The trading apps I really like as they make it quick and easy for me to check my positions and the latest market news whenever I feel like it. You will be able to open, close or monitor your trades with real-time charts and useful tools from the palm of your hand. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! CFDs are leveraged products and as such loses may be more than the initial invested capital.

equiti reviewBrokers.com aim to provide unbiased broker reviews. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. You can seamlessly switch between them depending on what is most convenient for you at the time. There are so many excellent features the platforms have that it would be impossible to cover them all in this review.

Such leveraged products magnify a trader’s potential profit – but of course, also increase the potential loss. A forex account is a trading account held by a trader with a company like Equiti that is primarily issued with the purpose of trading currencies. We’re glad to know that you find our trading platform transparent and reliable, and we hope you will continue enjoying our services. Fast execution means more pips and this is the reason traders around the world trust FXVM for their high frequency trading needs. We recognise that each client has different needs and preferences, so we aim to provide a tailor-made service to suit your specific needs and requirements to the level of exceeding your expectations at all times. Automated trading is available via a 3rd party company called Duplitrade.

Regarding orders execution model, Equiti is an a-book broker. Equiti offers trading of currencies, indices, CFDs and commodities. You can trade from one account using the platforms on your computer, laptop and mobile devices. The desktop version has the most functionality, including automated trading if this is something you are looking for. I run multiple instances of the MT4 desktop platform so I can test brokers and my automated systems. The web platform is great if you need to access your account to trade from any device without installing any software.

Personal. Professional. Focused

You can get both these tools and similar trading conditions through GO Markets as an alternative option. Equiti is an award-winning broker based out of Amman, the capital of Jordan. They are a pioneering fintech firm that provides you with innovative technology for trading on multi-asset financial products. You can get instant access to trade with a fully regulated broker on a good selection of 300+ products including CFD trading on Forex, Indices, Shares, Gold, Oil and more. Various currency pairs or instruments defining specified fee terms or conditions which are available via trading platform. Here for our reference we compare Equiti fees and spreads, also considering other market proposals.

FX trading can yield high profits but is also a very risky endeavor. You can trade on your Equiti Demo account and practice your strategies risk-free. Depending on the available software, the company offers test accounts on both MT4 and MT5. We only have good things to say about the Equiti trading platform. The company offers MT4 and MT5, both exceptional trading software. In order to optimize and apply various strategies or to automate trading, you have an option to choose from the powerful MT4 EAs.

Top 3 Forex Brokers

It was a waste of my time opening the account with this unserious broker. Worst Broker I have come across, I lost $10,000 in just 2-3days. Thanks to Equiti Accounts Manager Mr. Hammad and Mr. Fahad in specific.

The minimum withdrawal for bank transfers is $50 and $30 for every other method. DepositsWithdrawals can be made via the same methods listed above for deposits. For Neteller and Skrill, withdrawals take one working day to process whereas bank transfers take three to five working days and debit/credit cards take five or more working days.

Equiti does charge for deposits or withdrawals, although e-payment withdrawals may require a 1% cost per transaction. Traders should confirm with payment providers should they have their own charges for which the trader will be liable. A minimum deposit of 30 USD/ EUR/ GBP/ JOD or 100 AED/ SAR is required. Equiti is an online brokerage based in the UK with extended offices in the Middle East, North America, Europe, and the Asia Pacific regions. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. We’re delighted that you’re enjoying your trading experience.

Besides, there is an online Newsroom where you can get all the latest updates and News, which are very useful for everyday trading and your updates. However, if you prefer easy accessible platform right from your browser and simple capabilities Web Platform is available at your choice as well. Equiti It is the best platform among the platforms that I have dealt with. Equiti does not offer any bonuses when opening an account. The bonus is just a reward for the trader’s choice that gives some of these expenses back to the trader, once proving himself as an active trader.

Equiti is a leading forex trading broker in terms of transparency and trustworthiness. Equiti does not provide an equal trading opportunity to all clients due to several different entities. Since the broker has several regulations, the regulatory obligation varies based on the entity clients belong to, which means not treating all clients equally. Equiti is a Jordan-based broker owned by Equiti Group Limited. However, the company has several other entities – Equiti Capital UK Limited in the UK and EGM Futures DMCC in Dubai.

Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. It offers competitive spread and trade in a variety of instruments, along with competitive commission fees and all over a transparent pricing model. Equiti caters to the beginner and professional trader and has trading conditions that are not only very attractive but suitable for all kinds of traders depending on their skills, knowledge, and experience.