Score

1.52 /10
Danger

Equitick

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.04

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Equitick Financials

Company Abbreviation

Equitick

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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YouTube

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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Equitick · Company summary

Equitick Review Summary
Company Name Equitick Financials
Registered Country/Region Saint Vincent and the Grenadines
Regulation No Regulation
Products & Services Solutions, Account Management, Asset Management, Forex investment
Demo Account N/A
Trading Platform Bursa+
Minimum Deposit $1,500
Customer Support Contact Form, Tel: (+961) 1 797 306, Email: info@equitick.com, LinkedIn, Facebook, Instagram, YouTube, etc.
Company Address 11th floor, Verdun 732, Verdun St, Beirut | Lebanon

What is Equitick?

Equitick Financials was based in Saint Vincent and the Grenadines and it's currently not regulated by any financial authority. It provides a wide range of services and also supports forex trading.

Equitick's homepage

Pros & Cons

Pros Cons
  • App Available
  • No Regulation
  • High Minimum Deposit Requirement

Pros:

  • App Available: Equitick offers the mobile app Bursa+ which provides users with convenience so they can trade on the go.

Cons:

  • No Regulation: Equitick operates without regulatory oversight, which will concern users about the security and reliability of the platform.

  • High Minimum Deposit Requirement: The platform imposes a high minimum deposit requirement of $1,500, which poses a barrier to entry for some traders with smaller capitals.

Is Equitick Legit or a Scam?

  • Regulatory Sight: Equitick is currently functioning without any regulation, meaning it does not fall under the supervision of any financial regulatory bodies and does not possess any licenses to operate in the financial market. The absence of any such oversight raises concerns about the firms adherence to financial standards and regulations, increasing the risk for investors.

No license
  • User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

  • Security Measures: So far we haven't found any information about the security measures for this broker.

Products & Services

  1. Solutions: Equitick provides a complete package for launching a brokerage business in as little as 15 days. It also tailors mobile solutions to individual business requirements.

  2. Multiple Account Management: Their platform facilitates the management of multiple account managers, essential assets for brokerage firms.

  3. IB & Affiliates Management System: Equitick's system allows control and automation of commission and rebate generation, with customizable multi-tier campaigns tailored to specific criteria within the Forex market.

  4. Forex Investment: Equitick also facilitates forex investment on the trading platform called Bursa+.

Services

Trading Platform

Equitick provides a trading platform called Bursa+, tailored specifically for forex trading. It is accessible as a mobile app on both Apple Store and Google Play. One notable feature of the platform is signal provider auto-trading, allowing users to follow and replicate trades made by top-performing traders in the industry.

Bursa+

Customer Support

Equitick offers a certain range of customer support channels. Users can reach out via telephone at (+961) 1 797 306 or through email at info@equitick.com for inquiries and assistance. Additionally, Equitick maintains an active presence on social media platforms such as LinkedIn, Facebook, Instagram, and YouTube, where users can connect, engage, and stay updated on company news and announcements.

Contact info

Conclusion

As a company providing various services, Equitick allows on-the-go trading on an app. It charges a high minimum deposit and has no regulations. We do not recommend users to invest their money into this company.

Frequently Asked Questions (FAQs)

Question: Does it support MT4/5?

Answer: No. It provides its own trading platform called Bursa+.

Question: Does it support on-the-go trading?

Answer: Yes. Bursa+ is a mobile app.

Question: What is the minimum deposit required?

Answer: The minimum deposit required is $1,500.

Question: Is Equitick regulated or not?

Answer: No.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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more than one year
Not a bad broker. However, withdrawals are relatively slow when compared with other brokers. We're in the 21st century and I think technology has advanced, Withdrawals can be almost instant.
Not a bad broker. However, withdrawals are relatively slow when compared with other brokers. We're in the 21st century and I think technology has advanced, Withdrawals can be almost instant.
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2022-12-07 14:28
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