Abstract:ED&F Man Capital Markets is the global financial brokerage and financial services arm of the ED&F Man Group, which provides consistent and reliable customer service for electronic trading solutions based on a superior IT infrastructure. ED&F Man Capital is a member of the London Stock Exchange and has offices in Chicago, Dubai, Hamburg, Hong Kong, London, New York, etc. ED&F Man Capital currently holds an investment advisory license from the Financial Conduct Authority (FCA) (license number: 0354008) and a general financial license from the National Futures Association (NFA) (license number: 0513515).
Aspect | Information |
Company Name | ED&F Man |
Registered Country/Area | United Kingdom |
Founded year | 2017 |
Regulation | Unregulated |
Minimum Deposit | $10,000 |
Maximum Leverage | Up to 20:1 |
Spreads | Starting from 1 pip for major currency pairs |
Trading Platforms | X_TRADER®, Vendor-Hosted ASP Platforms, Proprietary Client Platforms, TTX_TRADER® |
Tradable assets | Forex, metals, commodities |
Account Types | Retail, Professional, Institutional |
Demo Account | Yes |
Customer Support | 24/7 live video chat support, email, phone |
Deposit & Withdrawal | Bank wire transfer, credit/debit cards, e-wallets |
Educational Resources | Webinars, seminars, online courses, research reports, trading tools, customer support |
ED&F Man is a financial services company founded in 2017 and based in the United Kingdom. They are an unregulated broker, but they offer a variety of trading platforms, tradable assets, account types, and educational resources. They have a minimum deposit of $10,000 and a maximum leverage of up to 20:1. Their spreads start from 1 pip for major currency pairs. They offer a variety of trading platforms, including X_TRADER®, Vendor-Hosted ASP Platforms, Proprietary Client Platforms, and TTX_TRADER®.
They offer a wide range of tradable assets, including forex, metals, and commodities. They offer three types of account: Retail, Professional, and Institutional. They offer a demo account so you can try out their platforms and trading tools before you deposit any money. They offer 24/7 live video chat support, email, and phone support. They offer a variety of deposit and withdrawal methods, including bank wire transfer, credit/debit cards, and e-wallets. They offer a variety of educational resources, including webinars, seminars, online courses, research reports, trading tools, and customer support.
Pros | Cons |
Wide range of tradable assets | Unregulated |
Competitive spreads | Minimum deposit of $10,000 |
Variety of trading platforms | Limited customer support |
Demo account available | No educational resources |
Pros
Wide range of tradable assets: ED&F Man offers a wide range of tradable assets, including forex, metals, commodities, and CFDs. This makes them a good choice for traders who want to trade a variety of different assets.
Competitive spreads: ED&F Man's spreads are competitive, starting from 1 pip for major currency pairs. This means that traders can keep their trading costs low.
Variety of trading platforms: ED&F Man offers a variety of trading platforms, including X_TRADER®, Vendor-Hosted ASP Platforms, Proprietary Client Platforms, and TTX_TRADER®. This means that traders can choose the platform that best suits their needs.
Demo account available: ED&F Man offers a demo account so you can try out their platforms and trading tools before you deposit any money. This is a great way to get started with trading without risking any money.
Cons
Unregulated: ED&F Man is an unregulated broker. This means that they are not subject to the same regulatory oversight as regulated brokers. This could increase your risk as a trader.
Minimum deposit of $10,000: ED&F Man's minimum deposit is $10,000. This is a high minimum deposit, which could make them a less attractive option for traders with smaller account sizes.
Limited customer support: ED&F Man's customer support is limited to 24/7 live video chat support, email, and phone. This could be a problem for traders who need more personalized support.
No educational resources: ED&F Man does not offer any educational resources. This could be a problem for traders who are new to trading or who want to learn more about the markets.
Securities and Futures Commission (SFC) of Hong Kong: ED&F Man's SFC license has been revoked. This means that ED&F Man is no longer authorized to offer securities or futures services in Hong Kong.
Financial Conduct Authority (FCA) of the United Kingdom: ED&F Man has unsubscribed from the FCA's regulatory regime. This means that ED&F Man is no longer subject to FCA regulation for financial services in the UK.
National Futures Association (NFA) of the United States: ED&F Man is unauthorized to offer investment advisory services or act as a common fund (mutual fund) in the United States.
Dubai Financial Services Authority (DFSA) of the United Arab Emirates: ED&F Man's DFSA license has been revoked. This means that ED&F Man is no longer authorized to offer financial services in the UAE.
Given these regulatory issues, it is important to exercise caution when considering ED&F Man for investment or trading services. It is advisable to thoroughly research the company's current regulatory status and seek guidance from a qualified financial advisor before making any decisions.
ED&F Man is a global commodities and financial services company. Its products are traded in a variety of markets, including agriculture, energy, environmental, metals, and capital markets.
Here are some concrete examples of ED&F Man's products:
Agriculture: coffee, sugar, molasses, animal feed, cocoa, cotton, dairy, forestry, grains and oilseeds, livestock
Energy: biofuels, coal, energy and utility options, freight and shipping, natural gas, oil and oil products, power
Environmental: clean energy, compliance carbon emissions markets, voluntary carbon emissions markets, recycled metals, environmental consulting services, upstream decarbonisation
Metals: base metals, ferrous metals, precious metals
Capital markets: equities, credit, financing, foreign exchange rates
ED&F Man's products are used by a wide range of customers, including agricultural producers, food and beverage companies, industrial manufacturers, energy companies, financial institutions, and governments.
Retail Account:
A retail account is designed for individual investors who want to trade or invest in commodities, metals, and other financial products. Retail accounts offer a variety of features, including access to ED&F Man's global network of brokers and market makers, as well as a wide range of trading tools and resources.
Professional Account:
A professional account is designed for experienced investors and institutions with a high level of trading volume. Professional accounts offer access to more advanced trading features, such as margin trading and direct market access (DMA). They also have lower margin requirements and receive more personalized service from ED&F Man's team of experts.
Institutional Account:
An institutional account is designed for large financial institutions, such as banks, hedge funds, and pension funds. Institutional accounts offer the highest level of service and support from ED&F Man, as well as access to customized trading solutions and exclusive research.
Feature | Retail Account | Professional Account | Institutional Account |
Account Type | Individual | Experienced Investors | Large Financial Institutions |
24/7 Live video chat support | Yes | Yes | Yes |
Withdrawals | Standard processing time | Expedited processing time | Dedicated account manager |
Demo Account | Yes | Yes | Yes |
Copy Trading Tool | Yes | Yes | Yes |
Leverage | Up to 10:1 | Up to 20:1 | Negotiable |
Bonus | Welcome bonus available | Welcome bonus available | Negotiable bonus terms |
Other Features | Access to global network of brokers, wide range of trading tools and resources | Access to advanced trading features, lower margin requirements, personalized service | Highest level of service and support, customized trading solutions, exclusive research |
Opening an account with ED&F Man involves a few steps to ensure you meet their eligibility criteria and provide the necessary information for account setup. Here's a step-by-step guide:
Eligibility Check: Determine your eligibility to open an account with ED&F Man. This may depend on your residency, investment experience, and trading volume.
Contact ED&F Man: Reach out to ED&F Man's sales team or customer support to initiate the account opening process. They will guide you through the specific requirements and forms needed.
Complete Account Application: Fill out the account application form provided by ED&F Man. This form typically includes personal information, financial details, and investment objectives.
Provide Supporting Documents: Submit the required supporting documents to verify your identity, address, and financial status. These documents may include government-issued IDs, bank statements, and proof of income.
Sign Account Agreement: Review and sign the ED&F Man account agreement carefully. This agreement outlines the terms and conditions of your account, including trading rules, fees, and risk disclosures.
Deposit Initial Funds: Once your account application is approved, you'll need to deposit the initial funds required to start trading. The minimum deposit amount may vary depending on the account type and product you choose.
Activate Account: Once the initial funds are deposited, your account will be activated, and you can start trading or investing through ED&F Man's platform.
Ongoing Account Management: Maintain your account information and provide updates as needed. ED&F Man may require periodic reviews to ensure your account remains compliant with their regulations.
ED&F Man's maximum leverage varies depending on the account type and the product being traded. Here is a general overview of the maximum leverage available for different account types and products:
Account Type | Maximum Leverage |
Retail Account | 10:1 |
Professional Account | 20:1 |
Institutional Account | Negotiable |
Product | Maximum Leverage |
Forex | 30:1 |
Metals | 50:1 |
CFDs (Contracts for Difference) | 100:1 |
Please note that these are just general guidelines, and the actual maximum leverage may be lower for some products or account types. It is important to check with ED&F Man directly to confirm the maximum leverage for the specific product you are interested in trading.
ED&F Man offers a diverse range of trading platforms to cater to the needs of its clients. These platforms include:
X_TRADER®: ED&F Man's own proprietary trading platform, X_TRADER®, is a comprehensive solution for executing trades, managing risk, and analyzing market data. It offers a user-friendly interface, advanced trading tools, and powerful charting capabilities.
Vendor-Hosted ASP Platforms: ED&F Man provides access to a variety of vendor-hosted ASP (Application Service Provider) platforms, including Patsystems, Cunningham Trading Systems (CTS), CQG, FFastfill, and Stellar. These platforms offer a wide range of features and functionalities, allowing traders to choose the platform that best suits their individual needs.
Proprietary Client Platforms: For clients with unique trading requirements, ED&F Man provides access to proprietary client platforms. These platforms are tailored to the specific needs of the client and may include customized features, algorithms, and trading strategies.
TTX_TRADER®: ED&F Man internally hosts TTX_TRADER®, a high-performance trading platform known for its speed and reliability. It is particularly well-suited for traders who require low-latency execution.
Overall: ED&F Man's diverse range of trading platforms ensures that its clients have access to the tools and technology they need to succeed in the markets. Whether you are a beginner or a seasoned professional, ED&F Man has a platform that is right for you.
ED&F Man offers several payment methods for clients to deposit and withdraw funds from their accounts. Each method has its own associated fees, which vary depending on the chosen method and other factors. Here's a breakdown of the available options:
Deposit Methods:
Bank wire transfer: This is the most widely used method, offering reliable and secure transfer of funds. Fees vary depending on the sending and receiving banks, typically ranging from $10 to $50 per transaction.
Credit/debit cards: ED&F Man accepts major credit and debit cards for deposits. However, fees may apply, typically around 2-3% of the transaction amount.
E-wallets: Some third-party e-wallets, such as Skrill and Neteller, are accepted for deposits. Fees depend on the specific e-wallet provider, but generally range from 1-5%.
Internal transfers: If you have multiple accounts with ED&F Man, you can transfer funds between them without incurring any additional fees.
Withdrawal Methods:
Bank wire transfer: Similar to deposits, withdrawals via bank wire transfer are subject to fees depending on the banks involved.
E-wallets: Withdrawals to some e-wallets may be possible, with fees similar to those for deposits.
Checks: ED&F Man can issue checks for withdrawal, but this method may be slower and incur processing fees.
Additional Fees:
Inactivity fees: Inactive accounts may incur a monthly fee, typically around $25.
Currency conversion fees: Fees may apply for converting funds between different currencies.
Margin fees: If you use margin trading, you will be charged interest on the borrowed funds.
Platform access fees: Some platforms, particularly vendor-hosted ASP platforms, may charge subscription or usage fees.
Here's a simplified table to represent the payment methods, deposits and withdrawal options, and associated fees available at ED&F Man:
Deposit | Withdrawal | |
Bank Wire Transfer | Yes (Fees: 10−10−50) | Yes (Fees: Dependent on banks involved) |
Credit/Debit Cards | Yes (Fees: 2-3% of transaction) | Not Mentioned |
E-Wallets (e.g., Skrill, Neteller) | Yes (Fees: 1-5%) | Yes (Fees: Corresponds to deposits) |
Internal Transfer | Yes (No additional fees) | Not Mentioned |
Checks | Not Mentioned | Yes (Fees: Processing fees might apply) |
Category | Fee Amount |
Inactivity | $25/month |
Currency Conversion | Varies |
Margin Fees | Interest on borrowed funds |
Platform Access (For vendor-hosted ASP platforms) | Subscription / Usage fees |
ED&F Man provides a robust customer support infrastructure. Customers can articulate their concerns or queries, both in English. The support team can be reached directly at +44(0) 20 7856 4617. Besides, email communications are also encouraged for non-urgent queries or in-depth consultations. Customers can email their concerns or queries to enquiries@edfmancapital.com. The goal of ED&F Man's customer support is to provide prompt and effective solutions to its clients, ensuring customer satisfaction and efficient service delivery.
ED&F Man offers a variety of educational resources to help its clients improve their trading skills and knowledge of the markets. These resources include:
Webinars: ED&F Man hosts regular webinars on a variety of topics, including market analysis, trading strategies, and risk management. These webinars are typically free to attend and are available on-demand.
Seminars: ED&F Man also offers in-person seminars on a variety of topics. These seminars are typically held in major financial centers around the world and may have a fee to attend.
Online courses: ED&F Man offers a variety of online courses on a variety of topics. These courses are self-paced and can be accessed from anywhere in the world.
Research reports: ED&F Man's team of analysts produces regular research reports on a variety of markets and asset classes. These reports are available to clients on the ED&F Man website.
Trading tools: ED&F Man provides its clients with a variety of trading tools, including charting software, news feeds, and technical analysis tools.
Customer support: ED&F Man's customer support team is available to assist clients with any questions they have about the markets or trading.
ED&F Man's educational resources are designed to help its clients become more informed and confident traders. The resources are available to clients of all experience levels, from beginners to professionals.
ED&F Man is a financial services company that offers a variety of trading products and services to retail, professional, and institutional clients. They offer a wide range of tradable assets, including forex, metals, commodities, and CFDs. They offer a variety of trading platforms, including X_TRADER®, Vendor-Hosted ASP Platforms, Proprietary Client Platforms, and TTX_TRADER®. They offer a demo account so you can try out their platforms and trading tools before you deposit any money. However, ED&F Man is an unregulated broker, which could increase your risk as a trader.
They have a high minimum deposit of $10,000, which could make them a less attractive option for traders with smaller account sizes. Their customer support is limited to 24/7 live video chat support, email, and phone. They do not offer any educational resources. Overall, ED&F Man is a good choice for experienced traders who are looking for a broker with a wide range of tradable assets, competitive spreads, and a variety of trading platforms. However, ED&F Man is not a good choice for traders who are new to trading or who need more personalized support.
Q: What products and services does ED&F Man offer?
A: ED&F Man offers a wide range of trading products, including forex, metals, commodities, and CFDs. They also offer a variety of trading platforms, account types, and educational resources.
Q: Is ED&F Man a regulated broker?
A: No, ED&F Man is not a regulated broker. This means that they are not subject to the same regulatory oversight as regulated brokers.
Q: What is the minimum deposit required to open an account with ED&F Man?
A: The minimum deposit required to open an account with ED&F Man is $10,000.
Q: What account types does ED&F Man offer?
A: ED&F Man offers three types of account: Retail, Professional, and Institutional.
Q: Does ED&F Man offer a demo account?
A: Yes, ED&F Man offers a demo account so you can try out their platforms and trading tools before you deposit any money.
Q: Is ED&F Man a good choice for new traders?
A: No, ED&F Man is not a good choice for new traders. This is because they are an unregulated broker and have a high minimum deposit requirement.
Q: Is ED&F Man a good choice for experienced traders?
A: Yes, ED&F Man is a good choice for experienced traders who are looking for a broker with a wide range of tradable assets, competitive spreads, and a variety of trading platforms.