ETFinance-Overview of Minimum Deposit, Leverage, Spreads

Note: ETFinance's official website: https://cfd-trading.lp-etfinance.eu/ is currently inaccessible normally.

ETFinance was registered in 2018. It provides forex pairs and CFDs for trading with leverage up to 1:30 via the most popular trading platform - MT4. However, its regulatory license is a suspicious clone, and the contact methods are limited.

Pros and Cons

Is ETFinance Legit?

ETFinance's regulation is suspicious clone. It was registed in China, but it shows regulated bt Cyprus. Besides, the email address and website are different. Traders should be careful.

What Can I Trade on ETFinance?

Account Type

ETFinance offers four account types: Bronze, Silver, Gold and Platinum. Islamic accounts are also provided.

Leverage

ETFinance's leverage is up to 1:30. Though the leverage is low, traders should know investing more can have two results: gain more or loss more.

Spreads and Commissions

The spread of ETFinance varies by the accounts. And the Bronze account shows 0% deposit commission.

Fees

ETFinance has substantial inactivity fees of up to €500 per month.

Trading Platform

Deposit and Withdrawal

ETFinance supports deposit and withdraw through VISA, MasterCard, bank wire and popular e-wallets like Neteller and Skrill. There is a bank transfer fee €15, while the minimum deposit and withdraw fees are not mentioned.