Etherichness Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-26 18:03

Abstract：Etherichness is an unregulated broker registered in Marshall Islands, offering trading in forex currency pairs, metals, indices, and other commodities with leverage up to 1:100 and spread from 0.5 pips via a web-based platform. The minimum deposit requirement to open an account is as high as €5 000.

　　Note: Etherichness' official website: https://etherichness.com/ is currently inaccessible normal.

EtherichnessReview Summary
Founded	/
Registered Country/Region	Marshall Islands
Regulation	Not regulated
Market Instruments	Forex currency pairs, metals, indices, and other commodities
Demo Account	/
Leverage	Up to 1:100
Spread	From 0.5 pips
Trading Platform	Web-based
Min Deposit	€5 000
Customer Support	Tel: +44 1213 14 3345
	Email: support@etherichness.com
	Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960

　　Etherichness is an unregulated broker registered in Marshall Islands, offering trading in forex currency pairs, metals, indices, and other commodities with leverage up to 1:100 and spread from 0.5 pips via a web-based platform. The minimum deposit requirement to open an account is as high as €5 000.

Pros and Cons

Pros	Cons
Various trading assets	Inaccessible website
Multiple account types	Not regulated
	No MT4 or MT5
	High minimum deposit
	Limited payment options

Is Etherichness Legit?

　　No, Etherichness operates without regulation. Traders should be cautious because Etherichness is not supervised by any financial authorities.

What Can I Trade on Etherichness?

Tradable Instruments	Supported
Forex currency pairs	✔
Metals	✔
Indices	✔
Commodities	✔
Stocks	❌
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　Etherichness offer five account types: IAL, EXECUTIVE, PLATINUM, PREMIUM and GREEN.

Account Type	MinDeposit
IAL	€5 000
EXECUTIVE	€25 000
PLATINUM	€50 000
PREMIUM	€100 000
GREEN	€250 000

Leverage

　　Etherichness offers leverage up to 1:100. Traders should be more cautious that high leverage can not only bring high profits but also high losses.

Spread

　　The spread of Etherichness depends on the account types. IAL account's spread ranges from 0.5 pips to 1 pip, and subsequent accounts ranges in increments of 0.5 pips.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
Web-based	✔	Web	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

　　Etherichness accepts deposits via credit cards/debit cards and wire transfers. It needs 5 days to process a withdrawal request, and the minimum amount that one can withdraw via bank transfer is €3 000.