Score

1.26 /10
Danger

Equitiz

United Kingdom

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.09

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Equitiz · Company summary
Aspect Information
Registered Country/Area United Kingdom
Founded Year 2022
Company Name Equitiz
Regulation Unregulated
Minimum Deposit Varies by account type (e.g., €250 for Basic)
Maximum Leverage Up to 1:50
Spreads Not specified
Trading Platforms Mobile trading platform
Tradable Assets Stocks, cryptocurrencies, commodities, forex
Account Types Basic, Silver, Gold, Platinum, VIP
Customer Support 24/5 availability, email, and phone support
Payment Methods Credit cards, bank transfers, e-wallets
Educational Tools Educational videos available on the website
Website Status Website: https://www.equitiz.co/

Overview

Equitiz is a financial services provider based in the United Kingdom, established in 2022. However, it's important to note that the company operates as an unregulated broker, which means it may not adhere to the same industry standards and safeguards required of regulated brokers. Equitiz offers a range of account types with varying minimum deposit requirements, providing traders with access to a maximum leverage of up to 1:50. While the specifics of spreads are not mentioned, the platform caters to trading in diverse assets, including stocks, cryptocurrencies, commodities, and forex.

Traders can utilize Equitiz's mobile trading platform for their investment activities and benefit from 24/5 customer support via email and phone. The platform supports multiple payment methods, including credit cards, bank transfers, and e-wallets. Additionally, educational resources in the form of videos are available on their website to assist traders in enhancing their trading knowledge.

It's essential to exercise caution and conduct thorough due diligence when considering Equitiz due to its unregulated status, as this may entail heightened risks associated with unregulated financial services. Traders are encouraged to assess their risk tolerance and carefully review the platform's terms and conditions before engaging with Equitiz.

Overview

Regulation

Equitiz operates without regulation as a broker. This means that it may not adhere to the same strict industry standards and safeguards that regulated brokers are required to follow. Consequently, investors using Equitiz should exercise caution and conduct thorough due diligence before engaging with the platform, as there may be heightened risks associated with unregulated financial services. It is advisable to consider regulated alternatives with established oversight and investor protections when making investment decisions.

Regulation

Pros and Cons

Pros Cons
  • Diverse Market Instruments
  • Unregulated Broker
  • Multiple Account Types
  • Lack of Transparency
  • Educational Resources
  • Risk of High Leverage
  • Flexible Leverage
  • Unregulated Environment
  • Mobile Trading Platform
  • Potential Lack of Investor Protections
  • Customer Support

Equitiz presents a range of advantages, including access to diverse market instruments and multiple account types, along with educational resources and a flexible leverage system. However, it operates as an unregulated broker, raising concerns about transparency, potential high leverage risks, and the lack of investor protections in an unregulated environment. The mobile trading platform and customer support offer convenience but should be considered within the broader context of potential drawbacks associated with Equitiz's unregulated status. Traders should exercise caution, conduct thorough due diligence, and assess their risk tolerance when considering this platform.

Market Instruments

Equitiz offers a range of market instruments to its users, including:

Stocks: Equitiz provides access to a variety of publicly traded stocks from different stock exchanges around the world. Investors can buy and sell shares of individual companies, enabling them to participate in the equity markets and potentially benefit from company growth and dividends.

Cryptocurrencies: Equitiz allows users to trade cryptocurrencies, such as Bitcoin, Ethereum, and other digital assets. Cryptocurrencies are known for their high volatility and can be traded against each other or against traditional fiat currencies like the US Dollar or Euro.

Commodities: Equitiz offers commodities trading, allowing users to invest in physical goods like gold, oil, agricultural products, and more. Commodity markets can provide diversification to an investment portfolio and are often used as a hedge against inflation.

Forex (Foreign Exchange): Equitiz provides access to the forex market, where users can trade currency pairs. Forex trading involves the exchange of one currency for another and is one of the largest and most liquid financial markets globally. It allows for speculative trading and can be used for hedging currency risk.

These market instruments offer a diverse range of investment opportunities, catering to different risk appetites and investment strategies. However, users should be aware of the risks associated with each market and conduct thorough research and risk management before participating in trading activities on Equitiz or any other trading platform. Additionally, it's important to consider the platform's terms and conditions, fees, and user support services when choosing to engage with Equitiz.

Market-Instruments

Account Types

Equitiz offers a range of account types designed to meet the varying needs and preferences of investors. The Basic Account, available for a minimum deposit of €250, provides users with an introductory session, a three-day trial of a managed account, and a 1:10 leverage. It is a suitable option for those who want to dip their toes into trading and gain some experience.

The Silver Account, requiring a €5,000 deposit, offers more comprehensive features, including a meeting with a Certified Investment Planner, round-the-clock technical assistance, and access to the commodity market for diversification. Additionally, users can enjoy a monthly withdrawal at zero cost, up to a 25% bonus, and a 1:25 leverage. This account also provides semi-advanced algo trading tools and signals.

For more seasoned traders, the Gold Account, available at €15,000, delivers enhanced benefits. It includes two monthly meetings with a CIP, technical assistance at any time, and diversification in both the commodity and crypto markets. Users can make one monthly withdrawal at zero cost, receive a bonus of up to 50%, and access a 1:25 leverage. The Gold Account also provides advanced algo trading capabilities, daily news updates, and multiple trading signals and protected trades.

The Platinum Account, requiring a deposit of €100,000, caters to serious investors seeking a comprehensive set of tools and features. It grants monthly meetings with a CIP, 24/7 technical assistance, and diversification across commodities, cryptocurrencies, and stocks. Users can make a monthly withdrawal at no cost, receive a bonus of up to 75%, and leverage up to 1:50. This account offers advanced algo trading, daily news, SMS trading signals, and multiple protected trades, along with broker insurance.

For elite investors, the VIP Account, available with a deposit of €250,000, provides an even higher level of service. It includes monthly meetings with a CIP, 24/7 technical support, diversified trading options in commodities, cryptocurrencies, stocks, and indices. VIP users can make monthly withdrawals at zero cost, enjoy a generous bonus of up to 100%, and leverage up to 1:50. This account offers extensive analyst sessions, master algo trading, monthly market research reports, daily news updates, SMS trading signals, and a substantial 90% broker insurance for added security.

Each of these account types caters to a specific level of investor expertise and trading goals, offering a range of benefits and features to suit individual preferences and investment strategies. Users should carefully consider their financial objectives and risk tolerance when selecting an account type on Equitiz.

Account -Types

Leverage

Equitiz offers a maximum trading leverage of up to 1:50. This means that for every unit of capital a trader has in their account, they can control a position in the market that is up to 50 times the size of their account balance. Leverage can amplify both potential gains and losses in trading. While higher leverage can magnify profits when the market moves in the trader's favor, it also increases the risk of significant losses if the market moves against them.

Traders should use leverage with caution and ensure they have a solid understanding of how it works before utilizing it in their trading strategies. It's important to manage risk effectively and use stop-loss orders to limit potential losses when trading with leverage, as it can expose traders to higher levels of market volatility and increased financial risk. Different account types may offer varying levels of leverage, so traders should choose an account that aligns with their risk tolerance and trading objectives.

Spreads and Commissions

Spreads and commissions offered by Equitiz vary depending on the specific trading accounts available. Each account type comes with its own set of trading conditions. While the details of spreads and commissions for each account were not explicitly mentioned, it can be inferred that they are tailored to the features and benefits associated with each account level.

Traders should carefully review the terms and conditions associated with their chosen account type to understand the precise details of spreads and commissions. It is common for brokers to offer tighter spreads and reduced or zero commissions for higher-tier accounts to incentivize larger deposits and more active trading. Conversely, basic or introductory accounts may have wider spreads and nominal commissions.

To gain a comprehensive understanding of the spreads and commissions offered by Equitiz, traders should refer to the broker's official website or contact their customer support for specific and up-to-date information on pricing structures associated with each account type. This will enable traders to make informed decisions and select the account that aligns best with their trading preferences and goals.

Deposit & Withdrawal

Equitiz allows users to deposit and withdraw funds easily using various payment methods, including credit cards, bank transfers, and e-wallets. The platform provides clear instructions for both depositing and withdrawing funds, with different options available to suit users' preferences. However, users should be mindful of the platform's specific terms and conditions, processing times, and potential fees associated with certain methods.

Deposit -Withdrawal

Trading Platforms

Equitiz provides a mobile trading platform that allows users to trade across multiple assets from various locations. The platform offers real-time market data and a straightforward interface for traders' convenience. It caters to a community of traders who choose Equitiz for their investment needs.

Trading-Platforms

Customer Support

Equitiz offers customer support services for users seeking assistance or encountering issues with their platform. Users can reach out to the customer service team via email or by phone. The team operates on a 24/5 basis, aiming to respond promptly to inquiries. For urgent matters, users are encouraged to contact the team by phone for faster resolution. Equitiz provides contact information, including its address and phone numbers for different regions, facilitating communication with users. The primary email contact is support@equitiz.co, ensuring that users have multiple avenues to seek assistance or provide feedback as needed.

Customer-Support

Educational Resources

You can access a range of educational videos on Equitiz's website by visiting https://www.equitiz.co/education-center.html. These videos are designed to provide valuable insights and knowledge to users who want to enhance their understanding of trading and investment topics. Whether you are a beginner looking to grasp the fundamentals or an experienced trader seeking advanced strategies, the educational center offers a resourceful platform to learn and improve your trading skills. Explore the videos available to gain valuable insights and stay informed about the financial markets.

educational-resources

Summary

Equitiz is an unregulated broker that offers a variety of trading instruments, including stocks, cryptocurrencies, commodities, and forex. They provide different account types to cater to various investor needs, with varying features and benefits. The maximum trading leverage offered is up to 1:50, which can amplify both gains and losses, so traders should exercise caution. Spreads and commissions vary depending on the chosen account type. Equitiz also provides a mobile trading platform, customer support via email and phone, and educational resources in the form of educational videos. Traders should carefully consider the risks associated with unregulated brokers and conduct due diligence before engaging with Equitiz.

FAQs

Q1: Is Equitiz a regulated broker?

A1: No, Equitiz operates without regulation as a broker. This means that it may not adhere to the same strict industry standards and safeguards that regulated brokers are required to follow. Traders should be aware of the potential risks associated with unregulated financial services.

Q2: What is the maximum leverage offered by Equitiz?

A2: Equitiz offers a maximum trading leverage of up to 1:50. This allows traders to control positions in the market that are up to 50 times the size of their account balance. While higher leverage can magnify profits, it also increases the risk of significant losses.

Q3: What are the available market instruments on Equitiz's platform?

A3: Equitiz provides access to a range of market instruments, including stocks, cryptocurrencies, commodities, and forex. These options offer diverse investment opportunities for traders with varying risk appetites and strategies.

Q4: Are there different account types on Equitiz, and how do they vary?

A4: Yes, Equitiz offers multiple account types, each with its own features and benefits. These accounts cater to different levels of traders, with variations in leverage, access to services like analyst sessions, and more. Users can choose an account that aligns with their trading goals and expertise.

Q5: How can I contact Equitiz's customer support?

A5: You can reach Equitiz's customer support team via email at support@equitiz.co. They are available on a 24/5 basis to assist with inquiries and issues. For urgent matters, it is recommended to contact them by phone for faster resolution. Equitiz provides different phone numbers for various regions, facilitating communication with users.

User Reviews

More

User comment

1

Comments

Write a review

TT40185
more than one year
Had an issue with Equitiz and dropped them a support message. Instead of a reply, they jumped into an audit thing. Kinda scratching my head on this one. Hopefully, they sort out their support flow.
Had an issue with Equitiz and dropped them a support message. Instead of a reply, they jumped into an audit thing. Kinda scratching my head on this one. Hopefully, they sort out their support flow.
Translate to English
2024-01-08 10:06
Reply
0
0