ellevest Review for 2019

ellevest Rated 3/5
ellevest have a low rating. We recommend you look at one of their alternative brokers.
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ellevest Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of ellevest we break down the pros and cons. What ellevest are able to offer, what countries ellevest are available in. Who ellevest are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with ellevest

  • Regulated by: Unregulated
  • Headquarters Country : USA
  • Foundation year
  • Min Deposit Fee : 0-50000
  • Used by over 10,000 traders
  • ellevest is not available in the following countries :
Open ellevest's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to ellevest

With this review we hope to help you see if ellevest is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding ellevest that will help you get off to a good start in the world of online trading.

ellevest Review Table of Contents

ellevest what you should know

ellevest offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.

With ellevest you will need a minimum deposit of $0-50000. You can sign up for a demo account to acquaint yourself with ellevest platform.

ellevest are able to accommodate various levels of traders whether you are experienced or a beginner.


Are ellevest safe?

When choosing a broker like ellevest the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in , and in operation for 2019 years ellevest have a head office in USA.

ellevest is regulated. This means ellevest are supervised by and is checked for conduct by the Unregulated regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to ellevest, this will be honored. If ellevest violate any regulatory rules their regulated status could be stripped.

Any payments funded to ellevest accounts by traders are held in a segregated bank account.

For added security ellevest use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with ellevest. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit ellevest

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like about ellevest

  • Used by over 10,000 traders
  • Established in
  • Regulated by Unregulated
  • Min. deposit from $0-50000

What we don't like about ellevest

ellevest General Fees

  • ellevest withdrawal fees varies on payment method
  • ellevest does charge inactivity fees

ellevest Commissions

  • ellevest does charge commission on CFD shares.

What can you trade with ellevest?

You can trade a wide variety of instruments with ellevest over 275 instruments infact.

If you are looking at trading currency pairs ellevest offer over currency pairs.

Compare ellevest with eToro and XTB below.

Your capital is at risk

FX / Currencies ellevest eToro XTB
Forex pairs offered 50 50
Major forex pairs No Yes Yes
Minor forex pairs No Yes Yes
Exotic forex pairs No Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs ellevest eToro XTB
Commodities offered 0 21
Metals No Yes Yes
Energies No Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs ellevest eToro XTB
Stocks offered 957 1696
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
ellevest
Instruments
eToro
Instruments
XTB
Instruments

Trading on ellevest web platforms and other applications

ellevest offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

ellevest also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See ellevest's platforms

ellevest Trading benefits :

  • Low min deposit

ellevest Trading Accounts Offered :

  • Islamic account

Can I try ellevest before I buy?

ellevest offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do ellevest accept?

ellevest offer the below funding payment methods. learn more about ellevest

  • Credit cards
  • Skrill
  • Neteller
  • American Express

How can I start trading with ellevest?

When opening a trading account with ellevest, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on ellevest trading platforms here.

Performing trades with ellevest

ellevest allow you to execute a minimum of trade of . This may vary depending on the account you open. ellevest allow you to execute a maxium trade of .

As a market maker, ellevest may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Education resources at ellevest

To trade effectively with ellevest, it's important to get a have a good understanding of the XTB trading tools and the markets.

ellevest offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with ellevest.

Take time to look around the ellevest platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Support at ellevest

ellevest support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with ellevest

As ellevest is regulated by Unregulated, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore ellevest's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with ellevest you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.ellevest.com/ on 12th August 2018.

ellevest not quite right?

Check out these ellevest Alternatives

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If you feel some of the above ellevest are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of ellevest alternatives below.

Related ellevest Comparisons

If you would like to see how ellevest stands up against other brokers you can read some of our ellevest comparisons below. We compare side by side some of our top rated ellevest versus comparisons. Read some indepth ellevest VS pages below.

ELLEVEST Frequently Asked Questions

Can I try ellevest before I buy?

ellevest do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do ellevest accept?

ellevest offer the following funding payment methods accept Credit cards, Skrill, Neteller, American Express, among other payment methods.
Learn more here

Your capital is at risk

How can I start trading with ellevest?

When opening a trading account with ellevest, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on ellevest trading platforms here.

Is my money safe with ellevest?

ellevest is regulated by Unregulated. One of the most important criteria for traders when choosing a broker like ellevest is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to ellevest, this will be honored. If they violate any regulatory rules their regulated status can be stripped.