ETFinance
- Information
- Settings
- Types of accounts
- Reviews (4)
ETFinance was founded in 2016 and is a Cyprus registered financial investment company that technically provides trading opportunities to clients from the EU and beyond. Broker ETFinance is the official sponsor of the Spanish basketball club Real Madrid.
What type of broker is ETFinance?
ETFinance is an STP Forex broker that also adheres to high standards of safe trading in accordance with established rules.
ETFinance Regulation
Broker ETFinance is a trade name MAGNUM FX (CYPRUS) LTD with registration number HE 360548, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 359/18. In simple terms, this means that the broker is legal and fully authorized to offer their brokerage services in Cyprus, the EU and beyond due to cross-border registrations.
Client protection includes segregating funds, applying negative balance protection and participating in a compensation scheme in the event of a broker's insolvency.
Leverage
ETFinance, being a Cyprus and EU regulated broker, operates under ESMA restrictions and therefore offers lower leverage levels.
Leverage for retail traders is a maximum of 1:30 for major currency pairs and 1:10 for commodities. Professional traders can access high leverage up to 1: 400 or 1: 500 upon status confirmation.
ETFinance Trading Accounts
There are three types of accounts in ETFinance - Silver, Gold and Platinum, which are intended for beginners and experienced traders.
In addition, if you are a Sharia trader, you can apply for an Islamic account and trade under the conditions established by law, no swap, no high leverage, etc.
Trading instruments
The market assortment offers you the most requested and popular instruments, so with ETFinance you will definitely choose the right asset to trade. In total, there are over 750 assets on offer including Forex currencies, metals, energy, commodities including cocoa and coffee, indices and a large selection of cryptocurrencies.
Minimum deposit
Typically, the minimum deposit is $ 250, which allows you to open a Silver account. A higher tier account will require more money as it is intended for experienced traders.
Conclusions
Overall, ETFinance is a Forex broker with a quality trading strategy that offers flexibility in terms of trading conditions, platforms and instruments. Another good point is that ETFinance is regulated by the European organization CySEC under the MiFID directive, which means that the company is subject to safeguards and is classified as a regulated broker.
Thus, ETfinance is the broker to consider when choosing a reliable trading partner. However, it is always great to hear your personal opinion about ETFinance. So you can share your experience and read ETFinance reviews.
- The year of Foundation 2016
- Head office address 1 Agias Fylaxeos Street, 2nd Floor - Office 1, 3025 Limassol, Cyprus
- Maximum leverage 1:500
- Min. Deposit $250
- Regulation CySEC
- Trading platform
- Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill
- Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill
- Number of trading instruments 50
- The number of CFD instruments 700
- The number of metals 4
HELLO EVERYONE, This is for everyone seeking recovery of stolen crypto coins, recovery of any lost funds to online scams , recovery of cryptocurrency lost to reapers in forex trades and binary options This is for persons seeking to recover all of their lost funds to online scams, contact address--> Morris Gray 830 @ gmail . com for successful recovery and thank me later. I had my blockchain wallet spoofed by merciless scams, due to the ignorance of 2FA authorization, they were able to get away with 5.0147BTC from my wallet , this made me go through Truma and depression as i was desperately in need of help , i made my research online and came across a very credible and reliable recovery agent on the internet with this information Morris Gray 830 @ gmail . com, The hack agent helped me recover all I lost and also revealed the identity of the perpetrators , that's why I'm most appreciative and also sharing their contacts info for anyone in a similar situation seeking to recover funds lost to online scams , contact the recovery specialist at: Morris Gray 830 @ gmail . com or Business Whats app: +1 607 698 0239. Bless you sir Morris Gray....
Being a scam victim can be depressing, you were given empty promises. They usually stop replying after achieving their aim which hurts even more, i have been there too as I was too ambitious and wanted to get back my lost Btc. I never thought I would be getting back a dime back and already lost hope until I contacted this Verified Recovery expert Morris Gray which was with a leap of faith, as I wasn’t going to go down without a fight. I was able to recover a significant part of my BTC through these recovery experts. Do not brood alone, make a move too. Write to him on email at ( MORRIS GRAY 830 @ GMAIL COM ) or whats app +1 (607) 698-0239 for Quick responds.
