ETFinance Guide – Read our In-Depth ETFinance Review
This ETFinance review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this ETFinance review does not apply to US users.
If you are a new entrant in the world of trading and broker, so many details will be perplexing for you. Getting into the area of trading requires expert analyzing skills and comprehensive knowledge. You will get proficient at all the concepts of broker since you continue trading. For starters, you have to choose the ideal broker who will be transparent with you constantly.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program will generate hefty returns. ETFinance is just one such platform which will take you and your investment to great heights. It's crucial to understand about ETFinance before you trust them with your cash.
Our full ETFinance Review covers all you need to learn about trading with ETFinance. A good agent can multiply your initial investments and provide you positive profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investment goals.
There is no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you choose them. It is a common misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
ETFinance is a broker that has paved its way successfully to the brokerage world. In this review, we've attempted to collate some of the vital facets of ETFinance. This review will allow you to know whether ETFinance is a good match for your investments or not. We've tried to breakdown all the qualities and fees for your advantage.
ETFinance Review, Table Of Contents
- Who are ETFinance?
- Benefits Of Trading With ETFinance
- Everything you should know about trading with ETFinance
- Is ETFinance Safe To Trade With?
- Pro's & Con's Of Trading With ETFinance?
- Compare Brokers Similar To ETFinance
- Regulation And Licencing In More Detail
- ETFinance Awards
- Minimum Deposit Required For A Live Account With ETFinance
- ETFinance Commission And Fees Explained
- Compare broker fees against ETFinance
- ETFinance Withdrawal Fees Explained
- ETFinance Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With ETFinance?
- Alternatives To ETFinance
- Frequently Asked Questions About ETFinance
Who are ETFinance?
ETFinance is a forex broker headquartered in Cyprus and provides a range of tools for trading. Since its start in 2018, ETFinance has emerged as a top player in the field of online broker. ETFinance has an extremely aggressive and full-featured trading website that's focused on forex, indices, metals, shares, commodities.
Over the past 3 years, ETFinance has grown into one of the leading online brokers.
After establishing in 2018, their consumer base is becoming as large as 10,000+ clients.
ETFinance is a favorite for many traders.. Our ETFinance review discovered that they are an superb choice for automated trading solutions. It is most appropriate for investors who are searching for a variety of assets. Social and automated trading solutions are the core at ETFinance.
Technology plays a significant role at ETFinance. ETFinance offers trading on MT4,iOS,MacBook,iPhone. ETFinance is fair, transparent, and also a well-regulated agent by the Cyprus Securities and Exchange Commission (CySEC). Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.
The trader resource department at ETFinance is very insightful for new traders as it permits them to have a closer look at the financial markets. ETFinance caters to all types of traders and are a must-have broker for almost any well-diversified approach to online trading.
If you feel that ETFinance is not right for you then at the bottom of this ETFinance review you wil find a lot of alternatives to ETFinance.
What you ought to know about trading with ETFinance
ETFinance is a lively platform that offers various procedures of trading online. These instruments cover the monetary markets considerably. The Majority of the broker platforms provide fewer approaches than ETFinance
If you wish to exchange with ETFinance, you'll need a minimum deposit of $215. This deposit is mandatory if you would like to begin trading using ETFinance. This 2021 ETFinance review will direct you safely about trading with them.
ETFinance is as flexible as any other brokerage platform. ETFinance is ideal for traders that want a manageable selection of low-cost services. The platforms offered by ETFinance are third party, white-label offerings. All traders can pick out of MT4,iOS,MacBook,iPhone.
Together with everything, ETFinance has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a transaction has to be kept available. The agents offer premium client service that rewards clients with benefits.
Many unprofessional brokers attempt to pressurise consumers into bigger financing for superior services. ETFinance, on the other hand, is more focused on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the further benefits will become available.
ETFinance accounts are available around the world and provides outstanding service wherever they have customers. There are some select few countries where ETFinance accounts are not available. Traders in the following countries cannot open or use a ETFinance account:
Is ETFinance Safe To Trade With?
Established in 2006, ETFinance has been operating for 3 years, they have a head office in Cyprus.
ETFinance is regulated by Cyprus Securities and Exchange Commission (CySEC). These figures have rules that ensure that trading platforms have measures in place to maintain investor's resources procured. This means that ETFinance users don't need to worry about their money as it is segregated and safely stored in banks that are established. SSL encryption simplifies each user's private information as well.
You can make use of an option for Two Factor Authentications (2FA) with ETFinance for increased safety. An SMS for the confirmation code will be sent to your mobile phone. You will be asked to input this code to log into your accounts.
Another concern with financial brokers is in regards to safety may be manipulation of trading. This is highly disadvantageous for users on those platforms. However, this is more widespread in the example of Market Maker brokers who compete with users on the stage.
Pro's & Con's Of Trading With ETFinance
Every online trading platform will have a few ups and downs, and no ETFinance review would be complete without having a balanced approach. This ETFinance review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
- ETFinance is trusted by 10,000+ clients
- ETFinance doesn't charge withdrawal fees
- ETFinance doesn't charge inactivity fees
- ETFinance doesn't charge deposit fees
- ETFinance doesn't charge CFD fees
- ETFinance offer trading on MT4,iOS,MacBook,iPhone
- ETFinance offer 150 trading instruments
- ETFinance trades major forex pairs
- ETFinance trades minor forex pairs
- ETFinance trades exotic forex pairs
- ETFinance offers trading on cryptocurrencies
- ETFinance can communicate in
- ETFinance does not offer Negative Balance Protection
- ETFinance does not offer Guaranteed Stop Loss
ETFinance Review - Compare Brokers Similar To ETFinance
|Headquarters||Cyprus||New Zealand||New Zealand||Cyprus, Australia|
|Regulated By||Cyprus Securities and Exchange Commission (CySEC)||Financial Services Provider (FSP)||Financial Markets Authority (FMA)||Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)|
|Find Out More|
|Risk Warning||Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money.||Your capital is at risk||Your capital is at risk||Your capital is at risk|
ETFinance Review - Regulation And Licencing In More Detail
ETFinance is regulated by Cyprus Securities and Exchange Commission (CySEC).
ETFinance, as a business, has a strong collection of rules for ensuring honest trading onto its own platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
ETFinance Review - Awards
- At the time of writing this ETFinance review, they had not received any awards.
ETFinance Review - Minimum Deposit Required
The minimum deposit you need to begin on ETFinance is $215. This is a decent amount for people just starting out. It's possible to make more complex deposits as you go along. However, ensure you understand how to make the most of your money before investing larger sums.
ETFinance Review - Commission And Fees Explained
ETFinance is an online broker platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. In other words, an online broker is not necessarily influenced by the amount of customers they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 different types of fees for this objective.
The first sort of charges to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In such cases, you are paying a spread, financing rate, or a commission. The sorts of trading fees and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight rates are those who are charged when you hold a leveraged position for more than daily.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake on your account. They are charged for surgeries like depositing cash, not trading for long periods, or withdrawals.
In general, ETFinance doesn't charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who regularly exchange, such as daily or weekly trading.
However, non-trading fees billed by ETFinance are comparatively higher. As a result, you're billed more for non-trading actions in your trading accounts, such as deposits and withdrawal. These aren't related to the sale and purchase of resources.
This ETFinance review breaks down each of the applicable non-trading charges for you in detail.
Compare broker fees against ETFinance
ETFinance Review - Withdrawal Fees ExplainedETFinance doesn't charge withdrawal fees
Withdrawal of money is possible at any moment from the ETFinance account. You can withdraw up sums to the amount of your account balance, keeping aside the perimeter utilized. 1 thing to keep in mind is that you don't always have to have any money in your account.
Moreover, the withdrawn money will be moved directly to the account you use to make deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn cash is going to be sent into the card. ETFinance will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the money you're choosing to draw in.
ETFinance Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your mind while open an account with ETFinance. An inactivity fee is an amount charged to registered traders that have not engaged in buying or selling for some time. The period regarded as inactive is determined by the agent.
The inactivity fee also differs from one broker to another and is not standardized. If a traders account does not have a buying or selling transaction, it's maintained by the broker as an inactivity charge. The traders have to pay this fee under conditions and terms that they had agreed while enrolling.
ETFinance doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no charges are implied by ETFinance, it is better that you close the account if you are inactive. Inactivity fees are not only charged by brokerage firms but also many financial services.
For other trading platforms, the inactivity fee depends on the sort of account you've chosen. The inactivity fee is subjected to many circumstances and should be revealed clearly by the broker beforehand.
ETFinance Review - Deposit Fees Explained
When you move money into your trading account from your bank account, a deposit fee can be charged by the broker. Most agents don't charge too much money for this operation.
ETFinance doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the ETFinance trading platform is easy. You simply need to finish a single-user profile questionnaire to start depositing money into your trading account. You'll have to provide an identity proof and proof of residency to deposit large amounts.
ETFinance Review - Compare Broker Deposit Methods
What Can You trade With ETFinance?
Note: ETFinance provides many different trading instruments due to regulatory restrictions in various countries. Trading instruments offered may differ depending on the country of residence of the client.
ETFinance has a wide variety of over 150 instruments available for you to trade with.
If trading currency pairs is of interest to you then ETFinance offer over 50 forex pairs.
Compare ETFinance, Bitfinex, Bell Direct & easyMarkets below.
Alternatives To ETFinance
If, after studying this ETFinance review, ETFinance does not quite fulfill your requirements check out these ETFinance alternatives.
We have scoured the web to find the best alternatives to ETFinance. Click the links below to find out more.
Frequently Asked Questions about ETFinance
Can I try ETFinance before I buy?
Yes, you can most definitely try ETFinance before you buy. ETFinance provides demo accounts for the ease of beginner traders. You can use this feature to build your faith in the system and yourself and your trading strategies.
If you register for a demonstration account on ETFinance, you may set out using a decent amount of virtual currency. It is to establish a feeling of safety and confidence in you until you decide to invest your own money.
With this digital ETFinancedemo account, you are able to experiment at all, to whatever period you desire. You can even open positions, examine different trading strategies, and more.
ETFinance specifies on its official site which you are able to exchange real time stocks in a demo account.
Is ETFinance safe?
You can drop all your worries since we believe that ETFinance is perfectly safe to use. It is in compliance with all the principles of Cyprus Securities and Exchange Commission (CySEC).
Even so, ETFinance does not provide assured stop-loss protection.
Why does ETFinance ask for my passport?
The reason that ETFinance asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, ETFinance has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, ETFinance must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with ETFinance?
The process to start trading withETFinance is perhaps simple enough to be a cakewalk. You need to begin by signing up on the ETFinance website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with ETFinance is $215. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with ETFinance.
The best way to kickstart your trading career with ETFinance is to open a demo account facility before risking any real money
What funding methods do ETFinance accept?
There are a number of methods to fund your account with ETFinance. The process is effortless and quick, with different payment methods in your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must keep in mind that PayPal is not available in all country. The currencies ETFinance
Is my money safe with ETFinance?
Yes, your cash is safe and secure with ETFinance. As you know, ETFinance operates with proper conformation to. It's established lots of measures to guard all of its own investors.
ETFinance safeguards its clients' personal and sensitive data under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you wish to further safeguard your account, it is possible to empower Two-Step Verification also. It takes an SMS confirmation for you to access your account.
Is ETFinance trading good?
Yes, trading through ETFinance is a pleasant and good experience indeed. It's an excellent and intuitive platform with helpful features for your simplicity. Moreover, you can also gain access to a vast selection of educational resources and assistive substance to kickstart your trading expertise.
If you remain skeptical, it is possible to open a eToro demo account and assess the credibility of the platform for yourself.
Which Countries does ETFinance support?
ETFinance operates across the world. However, due to regulations there are some countries that ETFinance cannot accept clients resident in
Is ETFinance legit?
ETFinance is a legit company headquarted in Cyprus since 2018. They are regulated by Cyprus Securities and Exchange Commission (CySEC). ETFinance is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is ETFinance a good broker?
ETFinance is an excellent agent, and its own users can vouch for it. The highlight of the platform is its fast order execution on trades.
You'll discover the clean layout of the platform and the admirable features that a pleasure to work with.
Is ETFinance a trustworthy broker?
Yes, ETFinance is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for ETFinance?
The minimum deposit to open a live account with ETFinance is $215
How long do ETFinance withdrawals take?
Normally, withdrawal of money from ETFinance is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from ETFinance to show in your bank account.
Are ETFinance regulated?
ETFinance are regulated by Cyprus Securities and Exchange Commission (CySEC)
Is ETFinance a market leading broker?
ETFinance is indisputably one of the business leaders. It has over 10,000+ registered users and over 3 years of expertise on its record. They are among the world's leading trading platforms and also a dominant figure in the Fintech revolution.
It majorly owes this standing to its unbelievable platform and broad selection of tools plus resources so you can put money into capital markets.
Is ETFinance a con?
No, ETFinance is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules. Thus, it is safe to say that ETFinance is not a scam.
Can you make money with ETFinance?
Using ETFinance, several traders earn a great deal of money. But typically, through consistent trading, you also can make between 2% - 10% profit a month.
This may seem like a little number, but over the year, this adds to a substantial number of gains. While ETFinance supply you all of the tools to make money, they can't guarantee that you will profit.
Does ETFinance have fees?
Yes. To start trading with ETFinance, you need to deposit $215. Certain commissions while trading also applies. Any processing fees from your bank might have to be incurred by you.
When was ETFinance founded?
ETFinance was founded in 2018 in Cyprus. ETFinance is regulated by Cyprus Securities and Exchange Commission (CySEC).
How many people use ETFinance?
ETFinance is a globally recognised agent with 10,000+ customers.
Where is the ETFinance head office?
ETFinance has its head office in Cyprus
Does ETFinance offer negative balance protection?
No. ETFinance does not provide negative balance protection. If your balance is negative, ETFinance suggests that you promptly contact client services. With this, you can correct any imbalances in your account.
Does ETFinance offer guaranteed stop loss?ETFinance regrettably, does not offer guaranteed stop loss. ETFinance provides an opportunity to its traders to close their trades in their given price. Apart from this, ETFinance doesn't offer guaranteed stop loss.
Does ETFinance allow scalping?Yes, ETFinance do permit scalping. Many traders throughout the world select ETFinance due to their services that are trading. They offer trading on MT4,iOS,MacBook,iPhone which let this.
Does ETFinance allow hedging?
Yes, ETFinance does allow hedging.
Can you trade energies with ETFinance?
Yes, you can trade energy stocks with ETFinance
Can you trade agricultural shares with ETFinance?
Yes, you can trade agricultural stocks with ETFinance
Can you trade cryptocurrency with ETFinance?
Yes, you can trade cryptocurrency with ETFinance
Can you trade metals with ETFinance?
Yes, you can trade metals with ETFinance
Can you trade UK Shares with ETFinance?
Yes, you can trade UK shares with ETFinance
Can you trade US Shares with ETFinance?
Yes, you can trade US shares with ETFinance
Can you trade Japanese Shares with ETFinance?
Yes, you can trade Japanese shares with ETFinance
Can you trade German Shares with ETFinance?
Yes, you can trade German shares with ETFinance
Does ETFinance accept bank transfers?
No, ETFinance does not accept bank transfers.
Does ETFinance accept credit cards?
No, ETFinance does not accept credit cards.
Does ETFinance accept PayPal?
No, ETFinance does not accept PayPal.
Does ETFinance accept Skrill?
No, ETFinance does not accept Skrill.
Does ETFinance accept Payoneer?
No, ETFinance does not accept Payoneer.
Does ETFinance accept Neteller?
No, ETFinance does not accept Neteller.
Does ETFinance offer Live Chat customer support?
No, ETFinance does not offer customer support through live chat.
Does ETFinance offer phone customer support?
No, ETFinance does not offer customer support over the telephone.
Does ETFinance offer email customer support?
No, ETFinance does not offer customer support through email.
What languages can ETFinance communicate in?
ETFinance has the ability to communicate and support customers who speak:
Does ETFinance have a wikipedia page?
No, ETFinance does not have an official wikipedia page.
Does ETFinance offer demo accounts?
Yes, ETFinance offers demo accounts so you can learn their systems before risking any real money.