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Regulated
Score
6.80 /10
Average
Equitrade Capital
10-15 yearsRegulated in United Kingdom
Straight Through Processing(STP)
Suspicious Scope of Business
Medium potential risk
Add brokers
Comparison
Quantity 1
Exposure
Time Machine
Website
Score
Regulatory Index6.32
Business Index8.39
Risk Management Index8.90
Software Index5.69
License Index6.32
Time Machine
Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Exposure
1 pieces of exposure in total Pyramid scheme complaint
Expose| Equitrade Capital Review Summary | |
| Founded | 2003 |
| Registered Country/Region | United Kingdom |
| Regulation | FCA |
| Market Instruments | 5 CFD, 4 Share Dealing, 5 Spread Betting, 3 Forex and 5 Commodities |
| Demo Account | ❌ |
| Leverage | / |
| EUR/USD Spread | 4 pips |
| Trading Platform | / |
| Min Deposit | / |
| Customer Support | Phone: 0121 454 0770 (Monday to Friday, 8:00 am to 5:00 pm) |
| Email: enquiries@equitradecapital.co.uk (Monday to Friday, 8:00 am to 5:00 pm) | |
| Address:271 Hagley Road, Edgbaston, Birmingham, B16 9NB | |
Established in 2003, Equitrade Capital operates as a finanacial services provider based in the United Kingdom, offering 5 investment tools includingCFD, Share Dealing, Spread Betting, Forex and Commodities.
Pros and Cons
| Pros | Cons |
| Regulated by the FCA | Lack of demo accounts |
| Various trading instruments | Limited info on trading conditions |
Is Equitrade Capital Legit?
Equitrade Capital © is authorised and regulated by the Financial Conduct Authority (FCA) under regulation number 577611 and is a Company registered in England and Wales under number 04977383. Registered Office: 271 Hagley Road, Edgbaston, Birmingham, B16 9NB.
What Can I Trade on Equitrade Capital?
Equitrade Capital offers 5 CFD, 4 Share Dealing, 5 Spread Betting, 3 Forex and 5 Commodities.
CFD: equities, indices, commodities, currencies and treasuries
Share Dealing: ShareTrading, Stocks and Shares ISA, Equitrade SIPP or SSAS and Collateral services.
Spresd Betting: global indices, equities, currency pairs, commodities, and treasuries.
Forex: GBP/USD, EUR/GBP, and EUR/USD
Commodities: Agricultural goods, Livestock and Meat, Energies (Oil & Gas), Industrial and Precious Metals.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Spread Betting | ✔ |
| Share-dealing | ✔ |
| CFDs | ✔ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
Account Type
Equitrade Capital offers two types of accounts: Personal Account and Corporate Account.
Spreads & Commissions
Equitrade Capital is reported to have wider spreads compared to most brokers. For instance, the spread on EURUSD is 4 pips, which is considered high. This means higher transaction fees overall due to the wider spreads.
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