Eastspringinvest -Overview of Minimum Deposit, Leverage, Spreads

General Information

Registered in the Dominic, Eastspringinvest is forex broker offering a series of trading instruments to both retail and professional traders, such as Forex, Commodities, Indices, Stocks. With the Eastspringinvest platform, investors have the flexibility to choose from four trading accounts, with leverage up to 1:100, with the minimum deposit from $250.

Eastspringinvest is owned and operated by Inure Consultiing LTD 2021/IBC000018 8 Copthall, Roseau Valley, 00152 Commonwealth of Dominica. This company does not hold any regulatory license to show it operates legally. Please be aware of the risk involved.

Market Instruments

With the Eastspringinvest platform, four classes of trading instruments can be traded, including Foreign Exchange, Commodities, Stocks, and Indices.

Account Types

Eastspringinvest provides four trading accounts for both retail and professional clients: Silver, Gold, Platinum and VIP.

To open a Silver account, an initial deposit of $ 250 is all you need to take if you are willing to take the risk of trading with an unregulated forex broker. The minimum deposit required by the Gold account soars to $1,000, absurdly high. The Platinum and the VIP even ask for more, starting at $5,000 and $10,000, respectively.

There is the option of a live trading account, but beginners can also use a demo account to gain a feel for the platform and practice their trading skills without risking any real money.

How to open an account with Eastspringinvest ？

Opening an account with Eastspringinvest is an easy and simple process:

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

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

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

Leverage

Trading leverage varies depending on trading accounts, ranging from 1:20 to 1:100. Since Eastspringinvest allows its clients to use the maximum leverage up to 1:100, 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.

As leverage can also cause serious fund losses, it is important for inexperienced traders to choose the proper amount that they feel most at ease.

Spreads & Commissions

Eastspringinvest displays spreads for some currency pairs on its website, with the spread on the EUR/USD pair starting from 1.7 pips.

Trading Platform

Eastspringinvest fails to offers its clients the industry-leading MT4 or MT5 trading platform, and what it offers is a proprietary platform.

Deposit & Withdrawal

The minimum deposit is $250, and Eastspringinvest allows its clients to make a deposit and withdrawal through the following channels:

• Bank Transfer

• Credit Card/Debit Card

• E-wallet payments

Customer Support

For some common trading problems, you can go to the FAQ section of this forex broker to look for some basis answers.

If traders have any inquiries or trading-related issues, they can only reach Eastspringinvests through an email: compliance.en@eastspringinvest.io.

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.