ETFinance Review for 2019

ETFinance Rated 4/5

ETFinance 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 ETFinance we break down the pros and cons. What ETFinance are able to offer, what countries ETFinance are available in. Who ETFinance 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.

Open ETFinance's Website

Your capital is at risk

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

With this review we hope to help you see if ETFinance 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 ETFinance that will help you get off to a good start in the world of online trading.

ETFinance what you should know

ETFinance offer three ways to trade: Forex trading, Spread Betting, Share Dealing.

With ETFinance you will need a minimum deposit of $200 . You can sign up for a demo account to acquaint yourself with ETFinance platform.

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


Are ETFinance safe?

When choosing a broker like ETFinance 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 2018, and in operation for 1 years ETFinance have a head office in Cyprus.

ETFinance is regulated. This means ETFinance are supervised by and is checked for conduct by the CySEC regulatory bodies.

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

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

For added security ETFinance 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 ETFinance. 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 ETFinance

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

  • Used by over 10,000 traders
  • Established in 2018
  • Regulated by CySEC
  • Min. deposit from $200
  • unlimited demo account

What we don't like

ETFinance General Fees

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

ETFinance Commissions

  • ETFinance does charge commission on CFD shares

What can you trade with ETFinance?

You can trade a wide variety of instruments with ETFinance over 150 instruments infact.

If you are looking at trading currency pairs ETFinance offer over 50 currency pairs.

Compare ETFinance with Plus500 and XTB below.

Your capital is at risk

FX / Currencies itrader Plus500 XTB
# of forex pairs offered 50 100 50
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs ETFinance Plus500 XTB
# of commodities offered 10 17 17
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs ETFinance Plus500 XTB
# of Stocks offered 1000 1816 1500
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
itrader's
Instruments
Plus500's
Instruments
XTB's
Instruments

Trading on ETFinance web platforms and other applications

ETFinance offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

An ETFinance IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

ETFinance 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 itrader's platforms

ETFinance Trading benefits :

  • Allows scalping
  • Allows hedging
  • Low min deposit

ETFinance Trading Accounts offered:

  • Standard account
  • Islamic account

Can I try ETFinance before I buy?

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

What funding methods do ETFinance accept?

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

  • Bank Transfer
  • Skrill
  • Neteller

How can I start trading with ETFinance?

When opening a trading account with ETFinance, 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 ETFinance trading platforms here.

Performing trades with ETFinance

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

As a market maker, ETFinance 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.

Support at ETFinance

ETFinance 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 ETFinance

As ETFinance is regulated by CySEC, 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 ETFinance'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 ETFinance 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.etfinance.eu/ on 12th August 2018.

ETFINANCE Frequently Asked Questions

Can I try ETFinance before I buy?

ETFinance 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 ETFinance accept?

ETFinance offer the below funding payment methods Bank Transfers, Skrill, Neteller, among other payment methods.
Learn more here

Your capital is at risk

How can I start trading with ETFinance?

When opening a trading account with ETFinance, 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 ETFinance trading platforms here.

Is my money safe with ETFinance?

ETFinance is regulated by CySEC. One of the most important criteria for traders when choosing a broker like ETFinance 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 ETFinance, this will be honored. If they violate any regulatory rules their regulated status can be stripped.