Extrait:Esmond was established in Australia in 2023 and offers a wide range of tradable assets, including Forex, metals, energy, indices and virtual currencies. Besides, it uses the user-friendly MT4 trading platform.
ESMOND Review Summary | |
Founded | 2023 |
Registered Country/Region | Australia |
Regulation | Regulated |
Market Instruments | Forex, Metals, Energy, Indices, Virtual Currencies |
Demo Account | Available |
Leverage | Up to 1:100 |
Spread | from 0.7 pips to 1.2 pips |
Trading Platform | MT4 (MetaTrader 4) |
Customer Support | Email:support@esmondmarkets.com |
Esmond was established in Australia in 2023 and offers a wide range of tradable assets, including Forex, metals, energy, indices and virtual currencies. Besides, it uses the user-friendly MT4 trading platform.
Pros | Cons |
Regulated by Australian Authority | Limited Payment Options |
Diverse Tradable Assets | |
User-Friendly MT4 Trading Platform | |
Responsive Customer Support via Email |
ESMOND is regulated by the Commonwealth Regulatory Authority of Australia( license number: 001307462).
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
ASIC | ESMOND INTERNATIONAL MARKET PTY LTD | Appointed Representative(AR) | 001307462 |
ESMOND offers traders the opportunity to have access to Foreign exchange, Precious metals, Energy, Stock Indices, and Virtual Currency.
Tradable Instruments | Supported |
Foreign exchange | ✔ |
Precious metals | ✔ |
Energy | ✔ |
Stock Indices | ✔ |
Virtual Currency | ✔ |
Binary Options | ❌ |
Mutual Funds | ❌ |
Futures | ❌ |
Esmondoffers a Standard Account.
Standard accounts engage with leverage up to 1:100 and a spread of between 0.7 and 1.2 points. A commission of $11 per 100,000 coins (1 lot) is charged. Traders can practice using a demo account.
Aspect | Standard account |
Leverage | up to 1:100 |
Spread | Ranging from 0.7 pips to 1.2 pips |
Commission | $11 per 100,000 currencies (1 lot) |
Demo Account | Yes |
Esmond offers leverage of up to 100 times for major currency pairs.
Asset Class | Maximum Leverage |
Major Currency Pairs | 100:1 |
Precious Metals | 100:1 |
Energy Futures | 100:1 |
Stock Indices | 2:1 |
Virtual Currency Futures | 20:1 |
Esmond offers spreads for major currency pairs ranging from 0.7 pips in EUR/USD to 0.8 pips in USD/JPY, GBP/USD and AUD/USD.
The spread between the US dollar and the Canadian dollar was slightly wider at 1.1 basis pips.
Esmond charges a flat transaction fee of $11 per 100,000 coins (1 lot). This fee includes tax.
Currency Pair | Bid (Selling Price) | Ask (Purchase Price) | Spread | Transaction Fee (Per 100,000 Currencies) |
EUR/USD | 1.09158 | 1.09165 | 0.7 pips | $11 |
USD/JPY | 144.439 | 144.449 | 0.8 pips | $11 |
GBP/USD | 1.27035 | 1.27043 | 0.8 pips | $11 |
AUD/USD | 0.66646 | 0.66654 | 0.8 pips | $11 |
USDCAD | 1.32423 | 1.32434 | 1.1 pips | $11 |
MT4 trading software is a popular one chosen by Esmond to serve clients .
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
Payment fees:
Domestic bank transfer: Esmond does not charge any domestic bank transfer fees.
Cryptocurrency remittances: Esmond charges a 3% fee on USDT deposits.
Payment processing time:
Domestic bank transfers: 15 minutes to 3 1/2 hours
Cryptocurrency Remittances (USDT) : immediately
Customer's designated financial institution: Withdrawals to customer's designated financial institution usually take 3 business days to process and are free of charge.
Cryptocurrency remittance (USDT) : within 15 minutes
The withdrawal method is the same as the deposit method.
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