ETFinance is one of the best online brokers. It offers various kinds of trading which comprises of the following such as – Forex Trading, share dealing trading, spread betting trading, etc. It offers one of the best trading platforms to the traders. No matter whether you are an experienced trader or you are an inexperienced trader new to the concept of trading, you will always get the best with ETFinance broker. For any trading, there is a requirement of a broker. Without a broker help, you cannot do trading. They offer to the traders various platform of trading and many features of trading.
It’s obvious when you have decided to do trade in the financial market, then one of the most time taking process is finding the right kind of broker to trade with. In many cases you will end up researching from websites to websites about broker. Plus, the language in which the information about the broker is given it takes time for you to understand. That is why it is made simple for you and through this guide; you will come to know about ETFinance and all the information in a much easy way for you to understand.
Starting an Account with ETFinance –
Let’s start first by creating an account. In ETFinance you will require a minimum deposit of $230; you can create a demo account to better understand the platform of ETFinance. Whenever you choose an ETFinance, the most important aspect on which you should focus is the administrative body and the status which is regulatory of the broker. But with ETFinance there is no risk if you invest your capital with them. This is because ETFinance is a regulated broker. It is regulated by the Cyprus Securities and Exchange Commission regulatory bodies. ETFinance is liable and answerable to this regulatory body.
Liability of the Regulatory Body –
ETFinance broker are one such broker who cannot influence the market price. The withdrawals are absolutely flexible with ETFinance. When you request a withdrawal, your request is respected. If ever ETFinance thinks of infringing any of the rules of the regulatory body then their license with the regulatory body can be cancelled. All your payments which you as a trader make to ETFinance are held in segregated bank accounts. ETFinance uses the tier 1 method of having financial security of the bank accounts. Whenever you work with ETFinance, it is advisable that you create 2 accounts.
One account should be an authentic account with your real cash and another account should be a demo account, which should be an investigational account. It has been thoroughly checked by many administrative authorities and found that ETFinance is regulated by a reputable organization. This regulatory authority will protect the traders. If you have any issue in the future with the ETFinance broker, then this regulatory authority comes into play and solves your issues regarding your finances and also includes reimbursement of the traders/clients even if the broker becomes insolvent. So, this is one of the major benefits of ETFinance which the traders get.
MT4 & Mobile App –
ETFinance broker are online agents who are legitimate. So, if anything goes wrong with you, you can sure that there is a regulatory body which will hold the broker liable and compensate you. ETFinance offers the latest trading platform which is MT4 forex. ETFinance also offers mobile applications for traders to make it easy for them to do the trading from their home or any location. It’s for android phones and IOS. There are many benefits of ETFinance trading. They are as follows – It allows scalping, it also allows hedging, and lastly, it has a low minimum deposit. So, you can be entitled to these benefits.
Fee Structure of ETFinance –
ETFinance is a doe’s sponsorship of sports events and various events. Let’s take a look at ETFinance general fee structure. On the payment method, the withdrawal fee of ETFinance varies. There is no fee charged by the ETFinance for the inactivity of accounts. Even the deposit fee is not being charged by ETFinance. On CFD instruments ETFinance doesn’t charge any commission. You can trade with over 150 instruments with ETFinance. It also offers 50 currency pairs trading. ETFinance offers 3 trading accounts which are as follows – Demo account, standard account, and Islamic account. A demo account is for practicing.
Sign-up & Login –
It offers 3 funding payment methods – Bank transfer, Skrill, Neteller. Lastly, when trading with ETFinance broker you will have to sign up. After you get the login details through an e-mail, you will have to provide identification proof documents for validating your account. And after all this process you will have to make a deposit. Making a deposit after which you will have to download a trading platform. It has to be something of your choice. Finally, the customer support is also good with ETFinance. Now, that you know about ETFinance and how safe it is to trade with it you can choose them as your best broker.