EBROKERHOUSE Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-21 14:27

Abstract：EBrokerHouse was launched in 1999 with the aim of providing an integrated range of financial services to its clients. Since 2010, eBrokerhouse has expanded its services to provide further international trading opportunities. EBrokerHouse's official website does not show any regulation information.

　　General Information & Regulation

　　Ebrokerhouse says to be based and incorporated in Hungary and to be licensed across six jurisdictions. However, in reality, it is just a scam clone broker.

　　Market Instruments

　　EBrokerHouse offers investors financial tradable instruments including forex currency pairs, stock indices, stock CFDs, commodities, cryptocurrencies, index CFDs, and ETFs.

　　EBrokerHouse Minimum Deposit

　　EBrokerHouse doesn't announce its minimum initial deposit as other brokers do. Most brokers would requires traders to fund at least $100 or equivalent amount as a start.

　　EBrokerHouse Spreads

　　In terms of spreads and commissions, EBrokerHouse claims that the spread on EURUSD start from 0.1 pips. Additionally, EBrokerHouse does not mention spreads or transaction fees for other products, so this is probably a trick to attract new traders.

　　EBrokerHouse Leverage

　　With regard to trading leverage, EBrokerHouse doesn't make this clear. Since leverage can amplify gains as well as losses, it is essential for traders to choose proper amount.

　　Trading Platform

　　EBrokerHouse provides traders with a web-based trading platform that can be opened in a browser without downloading.

　　Deposit & Withdrawal

　　EBrokerHouse allows traders to deposit and withdraw funds from their EBrokerHouse accounts via Visa, MasterCard, Maestro, Skrill, and wire transfer. eBrokerhouse's website does not show the fees for withdrawals, so traders should be careful in making sure withdrawal fees involving.