ETFinance Broker Review

Commissions & Fees

Like most of the brokers on the market, ETFinance charges a few commissions from its clients for providing financial services. We provide a quick overview of the fees but make sure to check full Terms & Conditions on the brand’s official website.

The brand charges these types of commissions:

• Spread each time a customer opens or closes a trade
• Overnight fee for positions left open after 9 pm
• Inactivity fee after an account remains dormant after 2 months

Make sure to check the full data regarding fees so you are aware of the potential deductions from your account balance. You can find detailed financing fees on the Assets Index page. Please, be aware that these fees are charged per lot. As for the inactivity penalty, it will be charged after two months of an account being dormant. The longer the period is, the higher the fee a trader must pay.

Platforms & Tools

ETFinance furnishes you with the award-winning platform Meta Trader 4. It has already become an industry’s golden standard due to a wide variety of built-in analytical tools and market information available. Millions of traders have chosen MT4 as their go-to platform due to their powerful features, user-friendly interface, and flexible trading system.

The right set of tools is crucial for efficient and comfortable trading experience. Get a look at other tools offered by ETFinance and utilize them to bring your trading to new heights:

• Economic calendar. Learn about the upcoming macroeconomic events such as monetary policy changes, issue of reports on unemployment levels, etc.
• Earning reports. A quarterly public report that summarizes the performance of the world’s largest companies.
• Educational materials. Broaden your knowledge on market, assets, and CFDs using a variety of educational materials which range from beginner courses to in-depth professional analysis.
• Market analysis tools. See what’s trending on the market using this handy tool and make your strategic investment move.
• Full asset index. An organized list of all the assets you can trade CFDs on via ETFinance platform.

Our ETFinance Broker Review has been carried out to ensure you have all the information you need to make an informed decision about trading through them.  If you have any personal insight please comment below to help fellow traders and if you think we need to amend our review in any way please feedback below.

Customer Service

To ensure your trading experience is smooth and cloudless, ETF has gathered a team of knowledgeable individuals to help you with your market experience. Refer all the questions you might have to the customer service managers, which are available from Monday through Friday from 7:00 am to 7:00 pm GMT. You can reach out via live chat, email, or by phone. The staff is friendly, straight-to-the-point, and always ready to assist with any matter.

Research

The brand encourages customers to educate themselves on the matter and conduct their own research regarding the most effective trading moves. The education hub of the brand is well-equipped for a trader of any level, from newbies to savvy market wolves.

Users can choose from articles, VODs, ebooks, courses, and tutorials depending on their preferred style of learning. The service makes sure you have all the necessary information at hand to make educated moves regardless of the asset you choose to trade CFDs on.

Our ETFinance Broker Review has been carried out to ensure you have all the information you need to make an informed decision about trading through them.  If you have any personal insight please comment below to help fellow traders and if you think we need to amend our review in any way please feedback below.

Ease of Use

The registration takes only three simple steps.

1. Provide your personal details, as well as information about your previous experience with financial markets and financial derivatives.
2. Your account goes through the verification process. Once verified, you get access to 10,000+ markets through the trading terminal.
3. Log in, make your first deposit, and realize your financial potential by trading CFDs on Forex, cryptocurrencies, indices, stocks or commodities.

To Follow

Our ETFinance Broker Review has been carried out to ensure you have all the information you need to make an informed decision about trading through them.  If you have any personal insight please comment below to help fellow traders and if you think we need to amend our review in any way please feedback below.

ETFinance prohibited countries:

Belgium | British Indian Ocean Territory | Japan | Nigeria | United States | UK | Italy | Germany

ETFinance offered via the approved domain “www.etfinance.eu” is a brand name of Magnum FX (Cyprus) Ltd.

Magnum FX (Cyprus) Ltd. is a leading Cyprus Investment Firms (CIF) licensed and regulated by Cyprus Securities and Exchange Commission (CySEC) under license number 359/18 as of 04.06.2018. The company’s registration number is 360548.

On their website:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Our ETFinance Broker Review has been carried out to ensure you have all the information you need to make an informed decision about trading through them.  If you have any personal insight please comment below to help fellow traders and if you think we need to amend our review in any way please feedback below.

ETFinance is a regulated European broker that provides competitive trading conditions and a wide range of assets to trade CFDs on. It also offers five different types of accounts, including an Islamic one, to ensure that the needs of every trader are met. The brand offers an extensive knowledge base to assist customers on their market journey and facilitates a smooth trading experience via an excellent customer support service. However, the brand does have some “hidden” fees, such as an inactivity fee. Moreover, it’s not accessible worldwide.

Overall, traders should conduct an in-depth analysis of online brokers before settling on a specific brand. We believe that ETFinance is a great option for diving into the exhilarating trading world or continuing your journey with comfort.

Before you go…. have you spotted any data in our review which you think is inaccurate? If so please tell us