ETFinance Review 2021: Finance holds a comprehensive aesthetic brand that triggers the world economy to function smoothly and steadily. It has several divisions, sub-divisions, sectors and compartments that flow it in the hands of masses. Financial trading is one of the most prominent branches among all. Moreover, ETFinance is an online broker that has the best educational resources.

The ETFinance broker is spearheading to maintain the campaign to remain unbridled and unaffected. The brokerage firm has diversity in its services and unity in terms of outputs which is brilliance. The offerings are out of the box and in the favour clients.

What is ETFinance?

The brokerage firm came into existence in the year 2018, and in a short duration, it has got unprecedented popularity. The work ethics and ability to troubleshoot the common problems are taking the broker to places. Magnum FX Ltd. ETFinance manages the broker provides trade in a wide range of instruments that include Forex, CFDs, ETFs, indices, shares, energies, metals, and cryptocurrencies. The Cyprus Securities and Exchange Commission regulates the broker.

• Minimum Deposit: 250 dollars
• Platform: MetaTrader 4
• Regulation: Cyprus Securities and Exchange Commission
• Demo Account: Yes
• Social Trading: Yes
• Financial Instruments: Forex, CFDs, ETFs, indices, shares, energies, metals, cryptocurrencies

Is ETFinance Scam or Legit?

ETFinance Scam or legit? This is one of the most asked questions, and we are here to clear all your doubts.

The company headquarter is in Cyprus, from where all the necessary operations and important decisions happen. The Cyprus Securities and Exchange Commission(CySec) undertakes the responsibility of regulating the firm and ensuring that activities go on smoothly. It is a MetaTrader 4 trading platform equipped with the latest enhancements. So, it makes the ETFinance Webtrader amongst the top in the game of trading.

License number ETFinance

The CySEC under license number of ETFinance is 359/18. The location of the broker is in the United Kingdom.

Regulated by securities and exchange commission

Cyprus securities and exchange is one of the best regulatory bodies around, and it monitors the brokerage company’s activities so that traders don’t lose money. ETFinance offers such great opportunities.

Is ETFinance the best forex broker?

The trading conditions at ETFinance are conducive to every type of trader. Features like 24*7 access to the forex market, great educational resources, maximum leverage of 1:500, and CFD trading make the broker worth it.

What are the forex pairs available on ETFinance?

There are an array of trading options available for foreign exchange traders. Forex pairs include EUR/USD, USD/CHF, AUD/USD etc.

What is the best trading account on ETFinance?

The broker provides accounts like Silver, Platinum and Gold for the best user experience.

Is mobile trading available on ETFinance?

Yes, as a trading option, the broker offers mobile trading to all its users. The web-based broker needs an internet connection to trade through smartphones.

What are the financial services available on ETFinance?

ETFinance provides finances services like CFD, ETF, commodity trading, forex trading, stock trading etc.

Are reviews about ETFinance good?

All reviews regarding ETFinance favour the broker due to its exceptional services, which do not let users lose money. The customer care executives here pick your phone calls promptly. It establishes bonding between a broker and a user.

What gave birth to ETFinance?

The brokerage firm came into the picture to address the noble cause of providing a multi-purpose stage for investments. ETFinance online trading services want people to acknowledge the true potential in the world of finance. Globally, as per the population count, the awareness and platforms to trade are far lesser. The company is shot in the arm to maintain and aggravate solutions globally.

To keep up with the ever-volatile marketing ethics, the brand offers a unique experience to its customers. For catering to the best of the policies, they provide information, tips, and tools to accumulate command in financial sectors.

Moreover, ETFinance is looking to form a financial future that will inherit experts and advanced equipment values.

Mission and Vision of ETFinance 

The clarity in thoughts and vision ensure the reach to a mission. It sees itself to give a space where individuals can make the best use of their capitals. The platform salutes the smartness of traders and gives them cutting-edge empowerment through an array of advantage. It aims to develop a habit of investment in people to strengthen the world economy.

ETFinance Review: Account Types

For starting trading on a plethora of financial trades, the opening of accounts is essential on a broker firm. It starts the tally of career-oriented goals, where a person can make or break the fortune. It takes around 30 minutes to get started on the platform after creating an account. Details like name, address, phone number, email id, bank account etc., are necessary for establishing an account. Moreover, it asks some personal questions to set up a verification discourse. Driving license, passport After all the inquiry, things get processed, and it comes into full force.

The Bureau of all the deposits, transactions and profits are there in it. One can summon the data during the need of the hour. After everything, traders have to deposit money in their wallets and start trading.

There are multiple channels for the deposition of funds, including credit cards, Skrill, net banking, and skrill, to illustrate a few.

PS: ETFinance Review:- Like other platforms, the process of creating an account is more or like the same.

For more information on signing up and account creation, one can visit the tutorial section.

Primarily, there are three types of accounts on the platform:- Silver, Gold and Platinum. The basis of classification is experience. Let us know more about it below:-

Silver:

A newcomer gets to seek facilities from the silver account in the beginning. For initiating, it is a good step. One can learn steadily and avert losses in the advanced stages.

Review: A person can have 750 assets in the portfolio, which is fair enough. However, there is a support of ten hours from the company, which may still be less considering the newbies. They might find it difficult to cope up with the environment initially. It provides a spread of a minimum of 0.07, which is decent.

Gold: 

When a trader gets hold of some expertise in its movement’s market and nuances, gold is their place. The expansion of knowledge is far more significant and on point.

Review: When a trader gains experience, they get compartmentalised in gold type. Traders get minimum spreads of 0.05 and maximum leverage of 1:500.

They get hedging, swap discount of twenty-five per cent, a dedicated account manager. There is enough exposure for those investors.

Platinum:

It is for the veterans or seasoned campaigners. Traders in these account types have the advantage of extra tools, information and help. It boasts of all benefits of the Gold account, and besides, there is a swap discount of fifty per cent. Free VPS and news alerts. The facilities suffice enough requirement of an investor.

Demo account: The broker renders a free practise or demo account for traders to enhance their skills and knowledge.

ETFinance Review: Trading Platforms

Like the most reputable forex brokers, ET finance offers the standard trading platform that can find across the forex industry. If you open an account with this CFD provider, you can have access to the most popular trading platforms that are favoured by retail forex traders worldwide, including:

• Web Trader: is an online trading platform. Therefore, the only thing needed is a secure internet connection and a web browser to log in and trade right away.
• MT4 platform: One of the most popular trading platforms for PC´s out there, used by professional and beginner traders, has a friendly and intuitive interface and tools to take your trading analysis to the next level
• Mobile App: is an MT4 platform for mobile devices (mobile phone and tablets) where you can trade and place your orders without a PC. Nowadays, this feature is a must, given the modern markets’ characteristics where every minute there is new relevant information that moves the world economy.

Although their platforms are under the “standard” of the industry, these software and apps solutions are guaranteed to be one of the most secure in the markets and have been awarded several times in recent years.

No capital is at risk.

The maximum leverage that the brokerage company provides is 1:500, but an investor has no capital at risk. The broker ETFinance uses platforms like MetaTrader4, which is the best trading platform around.

MT4 platform

The motive of the company reflects through the world-class Meta4 platform. It is user friendly and takes care of slight bits of clients’ needs. One can begin their caravan by understanding the basics of working on it. Investors get assistance on every step of the block, and trading becomes more comfortable with each passing day.

For people, who never had an experience of working on the mighty platform, then they can learn it here:-

Technical Indicators–

The feature on the platform analyses the market’s movement on a short-term and long-term basis. It helps in identifying the entry and exit points of the plethora of demands.

Limits on sell and purchase- 

Such pivotal aspects are essential to avert recurring losses because attached restrictions save money. On putting the stop loss, a trader can invest without worrying about the fluctuation or downward spiral.

Signals for trading- 

There is no better deal then knowing when to apply the force to buy a stock, commodity or bond. The right trigger at the correct time helps in generating money.

Responsive on mobile- 

Today, with the growing impact of technology, the might of mobile phones draw enormous traffic. Traders stay connected at any time of the day through a mobile. The company’s website is too responsive on the small handset.

Customised Trading- 

It is one such bonus that has the potential to turn things in favour of a trader. He/she can adjust the platform as per their convenience and time management. It is helpful because the feature aids in upping the game of investment.

Help in buying and selling- 

It is the prime duty of any brokerage site, and powerful platforms like MT4 accomplish them in the nick of seconds. It offers all the tools, keys and other necessary standards that make trading simpler.

Advanced trading

If a trader is ready to take on the superior level of learnings in the market, they can get it here. For such people, advanced trading tools are available on the platform.

ETFinance login and account opening process

The account opening process of ETFinance involves an easy five-step process. The steps include filling in necessary details, answering a questionnaire, depositing funds, and documentation. All these steps help the broker build a faithfully and dedicated community of traders. ETfinance login process is quite simple and direct to pursue.

ETFinance Review: Products for trading 

A trader who takes up the line of investment on the podium will have many options to deal in and make profits. The following investment options are as follows:-

Forex

There are more than fifty assets to trade from on the platform. Forex trading or foreign currencies offer a nice amount of profit. The volumes of transactions are high here. People, chiefly tourists and visitors, give good business in this regards. Euro and US Dollar are some of the renowned and traded currencies.

Read Also: Forex Investing

Metals

Prices of precious metals are always high. There is sustainable growth, and for long term strategy, they give excellent benefits. Moreover, one can sell them in physical form as well. The most prominent metals that are always in demand are platinum, gold and silver.

Stocks

Over one fifty-plus premium stocks are a mine of fortune. Investors do not have to look around for the collection of good shares. Facebook, Amazon and Apple are there, and because of them, the prospect seems fantastic.

Commodities 

The supply of essential items can never stop globally, for they are necessary to lead life. Moreover, even during the tough times, the rations continue to get served. Hence, people can lay their faith in commodities like oil, natural gas, coffee, sugar, wheat etc. There are about seventeen on the list.

Asset Index

It is a fluctuating market that renders chances of prosperity to a trader. On the ETfinance platform, there are over five-plus indexes, including indices.

ETFinance Review: Customer Service

Traders can cite assistance from customer service executive for five days and twenty-four hours. However, some may argue that it does not assist for all seven days. So, it is a slight drawback because several contemporaries are there providing the facility. The customer service is offered via email support, phone, and live chat. The email support seems more responsive and easy to go with than other customer support methods. The live chat feature works to answer and respond to the most immediate issues and queries.

ETFinance Review: Leverage

Leveraging is directly proportional to the chances of money minting, and there is no shortage on the platform here. A newbie can avail up to the ratio of 1:30 per asset.

The precisely means, for every Euro 1, a trader gets to spend Euro 30 and buy that amount of assets.

Moreover, professional or veteran traders can seek up to a 1:500 ratio of leverage. It is massive and in favour of a trader, seemingly. However, rewards follow risk. So, one has to be careful while using the advantages because losses may occur during high movements. Hence, this feature is a doubled edge sword.

ETFinance Review: Commission and Fee

Charges on transactions, fees for platforms and value-added commission on each trade raises concerns for traders. But this is not the case here. The platform charges nothing from its customers in the form of commissions. So, investors do not need to get worried about extra fares.

Research and Education

The way of success passes through learning and knowledge. Mandating that, the brokerage firm imparts information through webinars, articles, ebooks, tutorials, videos, tutorials, courses and other ways. They are available for free, and anyone can subscribe to them.

There are regular updates on the website as they follow. It enriches the knowledge bank of a newcomer.

Advantages

Best Platforms

The company believes in the no-compromise policy when it comes to quality. Following the same, it has put in place two platforms Meta Trader and Web Trader. The accolades attached with their name come with striking features and make trading operations swift. One can easily access them on an array of technological systems like mobile, laptops and persona computers.

Pro-tools

Financial trading cannot work without analysis and professional tools. ETFinance offers exclusive tools on a variety of assets like commodities, stocks, indexes etc. Investors can place them create different portfolios as per their convenience. These tools give liberty to experiment with a set of varieties they get.

Referral benefits

Reference is an unconventional but intelligent way of promoting a business. An ETFinance broker review can happen on it with the help of financial analysis.

Referrals are quickly becoming an alternate source of money-making. One gets Euro 738 per referral. However, one can only receive it if the referred person uses the ET Finance Webtrader of MT4.

User-friendly and smooth navigation

A trader always keeps in mind the arrangements made by a broker. ETFinance full review is not complete before talking about its device friendly tactics. A person can access the website on a tablet, phone or any small or a big device as per comfort.

Seven weeks a day on ETFinance

An emergency can doesn’t come and tell, especially in the volatile market where stakes are high. Hence, the work position 24/7 helps in securing the wealth of a trader during alarming times. They can sell, purchase, or stop loss during any time of the day and save their money. And even during travelling, things are manageable when the platform runs non-stop.

What does Cyprus securities and exchange do?

The United Kingdom-based ETFinance offers several trading services, and Cyprus securities and exchange look forward to activities. Thus, ETFinance is regulated.

What are the types of accounts available on ETFinance?

A trader can find silver, gold, and platinum account for trading.

ETFinance Review: Fraud complains 

However, the possibility of fraud tends to zero with persuasive technology in place. But even in that case, the help will reach quickly, and swift and robust measures will get initiated.

What is the address of ETFinance’s headquarter?

Address: Office 1, 2nd floor, 1 Agias Fylaxeous Street, KPMG Centre, 3025 Limassol, Cyprus. CySEC regulates ETFinance.

Conclusion

ETFinance is one of the finest brokers and financial service providers in the trading markets at the current times. The broker is regulated by top-tier authority and offers excellent safety and encryption of trade. ETFinance renders top-botch and advanced trading services at pretty average trading costs. One thing that put ETFinance on a pedestal is its wide range of research and educational tools and materials. This says how committed and dedicated ETFinance is towards building up its clients and traders’ skills and profits.

The demo account facility by the broker enhances the capacity of forex trading. Also, you do not lose money after trading on it.

FAQs

Is ETFinance safe to trade with?

Yes, ETFinance is highly safe to trade with. The broker is regulated by the Cyprus Securities and Exchange Commission(CySec).

What is the minimum deposit of trading with ETFinance?

The minimum deposit to trade with ETFinance is 250 dollars.

Is Etifinance good for novice traders?

All rights reserved for novice traders. They can deposit a set amount of money and trade on various assets that the broker provides them.