Ethusdt-Overview of Minimum Deposit, Spreads & Leverage
Abstract：Ethusdt is forex broker operated by Ethusdt International Limited, a company allegedly registered in China, with its actual office address not disclosed to all. Obviously, Ethusdt International Limited is not subject to any regulation, so it is unsafe to trade with this broker.
General Information & Regulation
Ethusdt is forex broker operated by Ethusdt International Limited, a company allegedly registered in China, with its actual office address not disclosed to all. Obviously, Ethusdt International Limited is not subject to any regulation, so it is unsafe to trade with this broker.
Official Website Unavailable
Since Ethusdt official website cannot be opened at this moment, and we can only find minimal information about this broker through some broker reviews websites.
Market Instruments
Ethusdt offers trading in forex currency pairs, metals, BTC and indices. Some other popular instruments including commodities, stocks and shares, ETFs, oil, energy are not available.
Minimum Deposit
Ethusdt does not requires any minimum initial deposit. In most cases, most legit brokers would ask traders to fund around $100 (some big players even requires much less, around $10) to start real trading.
Leverage
From the company‘s interface, we found that the default leverage is up to 1:100. Such leverage is considered to be high which means it increases the risk exposure for clients’ funds.
Spreads & Commissions
We can only find that the spread on the EUR/USD pair is 0.8 pips, which seems quite tigh. However, Ethusdt is an unregulated broker, it is likely an advertisement by pretending to offer seemingly tight spreads to attract, then scam traders.
Trading Platform Available
Ethusdt offers its traders the MT5 trading platform, which is to our surprise. MT5 is equipped with many powerful features, especially EA (Expert Advisors). However, as we already said before, trading with an unregulated broker offering leading trading platform is honestly not a good option.
Deposit & Withdrawal
In terms of payment methods working with this broker, Ethusdt does not make this part clear. In most cases, most brokers would supports traders to fund their accounts through Credit Card (Visa, MasterCard, Maestro), Wire Transfer, as well as some online payment processors like PayPal, Skrill and Neteller.
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