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Score

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/10

Etrader

Cyprus|5-10 years|
White label MT5|Regional Brokers|High potential risk|

https://etrader.eu/en

Website

Rating Index

MT4/5 Identification

MT4/5

White Label

ETRADER-Live

United Kingdom
MT5
1

Influence

D

Influence index NO.1

Belgium 2.53

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
ETRADER-Live MT5
Server Location United Kingdom

Influence

Influence

D

Influence index NO.1

Belgium 2.53

Surpassed 57.38% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+357 2503 0576
info@etrader.eu
https://etrader.eu/en
46 Ayiou Athanasiou, Ayios Athanasios, Interlink Hermes Plaza, 4102 Limassol, Cyprus.

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+357 2503 0576

Other ways of contact

Broker Information

More

Company Name

Goldenburg Group Limited

Abbreviation

Etrader

Platform registered country and region

Cyprus

Company website
Facebook
Instagram

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-07-14
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 242/14) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Etrader · WikiFX Survey

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Etrader · Company Summary

GENERAL INFORMATION AND REGULATION

eTrader is a forex broker company in Cyprus. With regards to what exactly is a Forex broker, it is a firm that gives traders admittance to platforms that let them buy and sell foreign currencies.

Etrader provides comprehensive global investment services. Their effort is to offer their clients the opportunity to trade Forex and CFDs. New investors will be greeted by a pleasant and user friendly interface of the MT5 platforms while more seasoned investors will find all the advanced interactive tools they are accustomed to. ETRADER provides trading opportunities in a dynamic environment.

Etrader is a registered brand name of Goldenburg Group Limited, a fully licensed and regulated Company by the Cyprus Securities and Exchange Commission (CySEC) with CIF License 242/14.

MARKET INSTRUMENT

With eTrader you have over 62 Forex pairs, CFDs, Metals, Indices, Shares and energy like oil and gas to trade. With eTrader you will be able to trade indices with the narrowest spreads with an easy use of leverage.

Commodities offer a wide range of instruments that you can trade. You can choose among precious metals, oil or agricultural commodities.

Among the most traded commodities are traditionally gold, silver, oil, wheat, corn or sugar. Commodities are being traded in units (ounce, barrel, pound, bushel) in standardized quantities, which are called a lot. The lot represents the minimum quantity that may be traded. eTrader has instruments which allow trading with narrow spreads and an easy use of leverage.

ACCOUNT AND LEVERAGE

The Broker offers a standard account with 30 days Demo account.

You can get up to 1:30 in leverage with eTrader which is considered relatively low. Although, eTrader assesses traders on an individual basis. Those who are more experienced and have a track record of profitability can get up to 1:100 in leverage. The Minimum initial deposit of $ 250 as a wire transfer.

SPREADS AND COMMISSIONS

ETrader only charges commissions on stock trades. Forex positions don‘t come with any commissions, but you still have to pay the swap fee. CFD shares have a 0.2% (out of the total position size) commission while actual stocks are charged at 1% of your trade’s volume. Spreads starting from 3 pips on the Euro Dollar

TRADING PLATFORM AVAILABLE

ETrader offers the MetaTrader 5 (MT5) which is a highly advanced and thoroughly secure platform. You can customize your dashboard, access detailed trading reports, and integrate different plug-ins with your MT5 account.

Although they are available, the mobile and tablet apps dont retain all of the desktop features, but you can still execute trades, access live data, and manage your account. MT5 is available in a wide range of languages including English, Spanish, Japanese, German, French, Turkish, Croatian, Chinese, Russian, Indonesian, and more.

DEPOSIT AND WITHDRAWAL

You can deposit money into your eTrader account via Visa/MasterCard, wire transfers, or DotPay. It is important to note that the broker does not accept cash deposits.

eTrader also does not charge any transfer fees for deposits.

You can only withdraw funds via wire transfer to your bank account. Similarly, just as with deposits, eTrader does not charge fees if you withdraw money, but your bank might. The minimum that you can transfer out of your eTrader account is $250 while no maximum is specified.

CUSTOMER SERVICE

If you want to know more about Forex or any other enquiries you can Call, write or contact them via Live chat or email and phone.

Phone: +357 250 29641

E-mail: sales@etrader.eu

News

Overview of TOP weekly news

NewsOverview of TOP weekly news

2021-12-15 21:56

Saudi Arabia and United Arab Emirates are in the boxing ring OPEC+ announced that it quits on a production deal. Problem between the long-time allies saw WTI crude soar another 2% to near $77/bbl, further squeezing an already tight oil market and raising concerns over inflation.[1] OPEC and its allies could not agree and make a key deal on their oil output policy last week. Abu Dhabi is forcing the group to accept risk unraveling the alliance. Crude prices could make an outsized move in either direction

WikiFX
2021-12-15 21:56
News
Overview of TOP weekly news

User Reviews

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3

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FX1050390472
more than one year
So far I think that the service provided by this company is satisfactory for me and I can trade my favorite financial instruments without commissions. When I trade, I tend to choose a platform that provides MT5 services, and Etrader satisfies this point.
2022-11-27 11:08
Reply
0
0
木火通明
more than one year
I just started to trade and this company is perfect for me due to that it offers free demo mt5 accounts for up to 30 days. I have just opened a demo account and can’t wait to see what will happen!
2022-11-24 16:23
Reply
0
0
声色犬王
more than one year
Haven’t started to trade with this broker, its demo account performance does not impress me much, what’s worse is it should ask up to EUR200 maintenance fee, that too much, and I just cannot accept. Overall trading fees on this platform are extremely high, and I would not so foolish to trade with it, bye!
2022-11-24 11:48
Reply
0
0
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