EQFX TRADE

General Information

Registered in the United Kingdom, EQFX TRADE is an offshore forex broker providing easy access to a massive financial market, and investors have the flexibility to choose from a range of financial instruments, such as Forex, Stocks, Cryptocurrency, Indices, Futures. With the Climax Prime platform, four tired trading accounts can be chosen from: Starter, Standard, and ECN, and the minimum deposit to trade with this forex broker is as low as $100.

EQFX TRADE is a company registered in England and Wales with company license number (131862400.

Currently, EQFX TRADE is not authorized or regulated by any regulatory license to conduct related trading services. Please be aware of the risk.

Market Instruments

EQFX TRADE boasts that it provides easy access to multiple classes of trading instruments, such as forex, cryptocurrency, stocks, indices, futures and more.

Foreign Exchange-Major Pairs, Minor Pairs, and Cross Pairs

Cryptocurrency-Trading in Bitcoin, Ethereum, Litecoin, Dash, and Ripple

Stocks-UK stocks, US stocks, Germany stocks, Hong Kong stocks, etc

Indices-UK100, US30 and Germany 30

Futures-Gold, Silver, Crude Oil, Brent Oil and Natural Gas

Account Types

EQFX TRADE provides three trading accounts for both retail and professional clients: Starter, Standard, ECN. To open a Starter account, an acceptable initial deposit of $100 is all you need, The Standard account is suitable for all types of traders, asking for an initial deposit of $100, much higher than most legit brokers requirements for this type of account. The ECN account is ideal for professional traders and scalpers who pursue competitive spreads, and traders who want to try this account need to fund at least $5,000.

Margin Call: 50%, Stop Out: 30%.

Swap-free accounts are not available with these three trading accounts.

How to open an with EQFX TRADE？

Opening an account with EQFX TRADE is an easy and simple process:

1. Click the “REGISTER” link, and fill up some required details on the popping-up page.

account

2. Upload your personal data for this company to verify your details.

3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.

Leverage

When it comes to leverage, Climax Prime allows its clients to use leverage of up to 1:500 (leverage will be changed as per account size and exposure (lot traded)), much higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.

Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Spreads & Commissions

Spreads and commissions are tightly associated with account types. Basically, the more account balance you are holding, the more competitive spreads you are offered. Commission is not disclosed, spreads offered by the Starter and Standard account from 1.5 pips and 1.2 pips. The ECN account offers raw spreads from 0.0 pips.

Trading Platform

Climax Prime provides access to the industry-leading MT5 trading platform, which can be accessed on any device, Windows, Mac, IOS, and Android. The MT5 trading platform allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as charting.

Customer Support

No direct contact channels can be reached for clients who have inquiries or trading-related issues.

Only a contact form is for you to fill up some required details and then waiting to be connected. Or you can also follow this brokerage house on Facebook, Linkedin, Twitter,Youtube,

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.