EQFX TRADE

EQFX TRADE | 2024-12-18 17:39

Abstract：EQFX TRADE is a broker-trade of 300+ instruments with a maximum leverage of 1:500 including CFD, EFTs, stocks, and cryptocurrencies. The broker also provides starter, standard, and ECN accounts. The minimum spread is from 0.2 pips and the minimum deposit is $100. EQFX TRADE is still risky due to its unregulated status.

EQFX TRADEReview Summary
Founded	2-5 years
Registered Country/Region	China
Regulation	Unregulated
Market Instruments	CFD/EFTs/Stocks/Cryptocurrencies
Demo Account	✅
Leverage	Up to 1:500
Spread	From 0.2 pips
Trading Platform	MT5(Desktop/Web/Mobile(iOS/Android))
Min Deposit	$100

EQFX TRADE Information

EQFX TRADE is a broker-trade of 300+ instruments with a maximum leverage of 1:500 including CFD, EFTs, stocks, and cryptocurrencies. The broker also provides starter, standard, and ECN accounts. The minimum spread is from 0.2 pips and the minimum deposit is $100. EQFX TRADE is still risky due to its unregulated status.

Pros and Cons

Pros	Cons
Leverage up to 1:500	Unregulated
24/7 customer support	Inaccessible official website
Spread from 0.2 pips	Unspecific transfer time and fee information
Demo account available
Various tradable instruments
MT5 available

Is EQFX TRADE Legit?

EQFX TRADE is not regulated, making it less safe than regulated brokers.

What Can I Trade on EQFX TRADE?

EQFX TRADE offers a wide range of market instruments, including CFD, EFTs, stocks, and cryptocurrencies.

Tradable Instruments	Supported
CFD	✔
ETFs	✔
Stocks	✔
Cryptocurrencies	✔
Precious Metals	❌
Shares	❌
Forex	❌
Commodities	❌
Mutual Funds	❌

Account Type

EQFX TRADE has three account types: starter, standard, and ECN. Traders who want low spreads can choose an ECN account, while those with a small budget can open a starter account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Account Type	Starter	Standard	ECN
Minimum Deposit	$100	$500	$10000
Spread	From 1.8 pips	From 1.2 pips	From 0.2 pips
Leverage	From 1:10 to 1:500	From 1:10 to 1:500	From 1:10 to 1:500
Platform	MT5(Desktop/Mobile/Web)	MT5(Desktop/Mobile/Web)	MT5(Desktop/Mobile/Web)

EQFX TRADE Fees

The spread is from 0.2 pips. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.

Trading Platform

EQFX TRADE cooperates with the authoritative MT5 trading platform available on desktop, web, and mobile(iOS/Android) to trade. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Desktop/Web/Mobile(iOS/Android)	Experience traders

Deposit and Withdrawal

The minimum deposit is $100. EQFX TRADE accepts Mastercard, PayPal, Visa, and Bank Transfer for deposit and withdrawal. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.

Forex trading Forex Broker

Related broker

No Regulation

EQFX TRADE

Company name：EQFX TRADE

Score

1.45

Website：https://eqfx.trade

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.45

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