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FXTRADING.com , ETO Markets Broker Comparison

Do you want to know which is the better broker between FXTRADING.com and ETO Markets ?

In the table below, you can compare the features of FXTRADING.com , ETO Markets side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
FXTRADING.com
8.66
Regulated
Under guarantee
--
15-20 years
ASIC,ASIC,VFSC
--
A
A
500.9
203
219
203
1734
1593
1734
AAA

EURUSD: -0.6

XAUUSD: -0.6

2
-1
14
C
12.3 USD/Lot
49.17 USD/Lot
AA

Long: -4.97

Short: 3.39

Long: -32.87

Short: 19.5

C
0.2
542.2
Pro,Standard
Forex, metals, energies, commodities, cryptos & indices
$200
1:500
from 0.0
0.00
--
0.01
--
ETO Markets
8.41
Regulated
Under guarantee
10-15 years
ASIC,FSA
--
C
B
625.6
265
265
297
1998
1992
1998
AA

EURUSD: -0.5

XAUUSD: 0.1

24
-1
24
C
22.81 USD/Lot
32.03 USD/Lot
A

Long: -6.83

Short: 1.55

Long: -34.86

Short: 20.18

D
0.2
3174.8
Pro,Standard
--
$20000
1:500
From 0
0.00
--
0.01
--

FXTRADING.com 、 ETO Markets BrokersRelevant information

FXTRADING.com 、 ETO Markets BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of fxtrading-com, eto-markets lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

fxtrading-com
FXTRADING.com Review Summary in 10 Aspects
Founded 2014
Headquarters Sydney, Australia
Regulation ASIC
Market Instruments Forex, Crypto, CFDs, Share CFDs, Commodities, Spot Metals, Energies, Indices
Demo Account Available
Leverage 500:1
EUR/USD Spread From 0.1 pips
Trading Platforms MT4, IRESS
Minimum deposit $200
Customer Support 24/5 live chat, phone, email

What is FXTRADING.com?

FXTRADING.com is an online brokerage firm that offers trading services for various financial instruments such as forex, cryptocurrencies, shares, commodities, spot metals, energies, and indices. The company was established in 2014 and is headquartered in Sydney, Australia. FXTRADING.com is regulated by the Australian Securities and Investments Commission (ASIC). The broker provides its clients with a range of trading platforms including MetaTrader4 (MT4) and IRESS, and offers several trading tools and educational resources. FXTRADING.com also has a 24/5 customer support team that can be reached via phone, email, and live chat.

FXTRADING.com's website

Pros & Cons

FXTRADING.com has a lot of advantages, including a wide range of trading instruments, reliable trading platforms, and a variety of trading tools and educational resources. The broker also offers several account types to cater to different trading needs, and its customer support team is available 24/5 to assist clients.

However, there are some disadvantages to consider, such as high minimum deposit requirements for some account types.

Pros Cons
• Regulated by ASIC • No 24/7 customer support
• Wide range of trading instruments • Clients from the USA, Ontario Province inside Canada, North Korea, Iran and New Zealand are not accepted
• Multiple trading platforms and tools available • High minimum deposits for IRESS account types
• Comprehensive education resources
• Variety of payment methods

Please note that the above table is not exhaustive and may not include all the pros and cons of FXTRADING.com.

Regulatory Status

FXTRADING.com is a regulated and licensed broker, authorized by Australia Securities & Investment Commission (ASIC), and as such, it is considered a legitimate broker to trade with. However, as with any investment, there are always risks involved, and traders should be aware of these risks before investing their money.

How are you protected?

Protection Method Description
Regulation ASIC
Segregated Accounts Client money is kept separate from the broker's own operating funds, which helps to protect clients' funds in the event of the broker's insolvency
SSL Encryption To protect clients' personal and financial information from unauthorized access or theft
Two-Factor Authentication As an extra layer of security for clients' accounts, which helps to prevent unauthorized access to accounts even if a client's login credentials are compromised
Negative Balance Protection Clients' accounts cannot go into negative balance, ensuring that clients will not be responsible for any losses beyond their account balance
KYC/AML Procedures To verify clients' identities and prevent money laundering or other illegal activities, which helps to ensure the integrity of the trading platform and protect clients' funds

Note that this table is not exhaustive and there may be other protections or security measures in place at FXTRADING.com.

Our Conclusion on FXTRADING.com Reliability:

Based on the provided information on FXTRADING.com, the broker seems to prioritize its clients' safety and security by implementing various measures such as regulation by top-tier authorities, account segregation, negative balance protection, and SSL encryption. Overall, FXTRADING.com appears to be a reliable broker for traders.

However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

Market Instruments

FXTRADING.com offers a diverse range of trading instruments for their clients, covering over 10,000 instruments. These instruments include Forex, Crypto CFDs, Share CFDs, Commodities, Spot Metals, Energies, and Indices. Clients have access to a variety of popular trading pairs in the forex market, as well as a selection of cryptocurrencies and share CFDs from leading global companies.

Additionally, they offer various spot metals such as gold and silver, as well as energies like crude oil and natural gas, and indices from around the world. This variety of instruments allows clients to diversify their trading portfolio and take advantage of different market opportunities.

asset classes

Accounts

Demo Account: FXTRADING.com provides a demo account that allows you to try out the financial markets without the risk of losing money.

MT4 Live Account: FXTRADING.com offers a total of 2 account types: Standard and Pro. The minimum deposit to open an account is $200 and $500 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a Standard account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

MT4 Account Types

IRESS Live Account: On the TRESS trading platform, FXTRADING.com offers three different accounts types, namely Silver, Gold, and Platinum, with minimum deposit requirements of $10,000 AUD, $50,000 AUD, and $100,000 AUD respectively. For the Silver and Gold accounts, there is a platform fee of $60 AUD, while no platform fee on the Platinum account.

IRESS Accounts

Leverage

FXTRADING.com offers a maximum leverage of up to 1:500, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Spreads & Commissions

The spreads and commissions depend on accounts and instruments. For clients on the Standard account, they can have variable spreads from 1 pip and there is no commission, while for clients on the Pro account, they can enjoy raw spreads from 0 pips but have to pay a commission of $3.5 per lot.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission
FXTRADING.com 1 pip No
Admiral Markets 0.5 pips No
Pepperstone 0.16 pips AUD 3.5/lot
Tickmill 0.0 pips USD 2/lot

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

FXTRADING.com offers a range of trading platforms to suit the needs of its clients. One of the most popular platforms is the MetaTrader4 (MT4) platform, which is available for PC, Mac, iOS, Android and WebTrader. MT4 is a user-friendly platform that comes with advanced charting tools, technical indicators, and automated trading options.

MT4

In addition to MT4, FXTRADING.com also offers IRESS ViewPoint and IRESS Mobile, which are more advanced platforms designed for professional traders. These platforms come with additional features such as advanced order types, news and research, and real-time market data.

IRESS

Overall, FXTRADING.com's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker Trading Platform
FXTRADING.com MT4
Admiral Markets MT4, MT5, WebTrader
Pepperstone MT4, MT5, cTrader
Tickmill MT4, MT5, WebTrader

Trading Tools

FXTRADING.com provides its clients with a wide range of trading tools to enhance their trading experience. These tools include FXT Navigator, which allows traders to view market data and analyze it through a customizable interface. Trading Central offers daily technical analysis and market insights, while the Economic Calendar provides traders with the latest economic news and announcements that can impact the financial markets. Market Sentiment offers a view on how other traders are positioned on various instruments, while API Trading and VPS are advanced tools designed for more experienced traders who use algorithmic trading strategies and need reliable and fast connectivity. Overall, these trading tools can help traders make more informed trading decisions and improve their overall performance in the financial markets.

Deposits & Withdrawals

In terms of deposit and withdrawal, like many good brokers, FXTRADING.com provides a detailed form with important information about currency, payment method, minimum amount, arrival date, fees, etc. Deposits include PayPal, VISA, MasterCard, Neteller, UnionPay, Local Internet Banking, POLi, International Bank Wire Transfer and Local Bank Transfer.

Deposits
Deposits

FXTRADING.com minimum deposit vs other brokers

FXTRADING.com Most other
Minimum Deposit $200 $100

The minimum deposit requirement is $200 to open an account. Most deposits are instant and no fees are charged.

By contrast, Clients can withdraw with PayPal, VISA, MasterCard, Neteller, International Bank Wire Transfer, UnionPay and Local Bank Transfer. Please note that withdrawal processing times may vary depending on the selected method and any applicable fees or restrictions may apply. Most withdrawals can be processed in 24 hours without any fees.

Withdrawals
Withdrawals
 Withdrawals

FXTRADING.com Money Withdrawal

To withdraw funds from FXTRADING.com, you can follow these steps:

Step 1: Log in to your account on the FXTRADING.com website.

Step 2: Click on the “Withdrawal” button in the “My Account” section.

Step 3: Select the account you want to withdraw funds from and choose the withdrawal method.

Step 4: Enter the amount you wish to withdraw and follow the on-screen instructions to complete the process.

Fees

FXTRADING.com does not charge any deposit and withdrawal fees, but there may be additional fees charged by banks or other intermediaries involved in the transfer of funds.

There is an inactivity fee of $10 per month after 6 consecutive months of inactivity. This fee will be charged to any account with no trading activity for more than 6 months. However, it's important to note that this fee is subject to change and may vary depending on the type of account and the jurisdiction of the client.

See the fee comparison table below:

Broker Deposit Fees Withdrawal Fees Inactivity Fees
FXTRADING.com No No $10/month after 6 consecutive months of inactivity
Admiral Markets No No (except for bank transfers) No
Pepperstone No No $20/month after 12 months
Tickmill No (except for bank transfers) $2 for credit/debit cards, 1% for other methods $5/month after 6 months

Note: Fees may vary depending on account type and payment method. Please refer to each broker's website for the latest information.

Customer Service

FXTRADING.com offers customer support 24/5 via email, phone, and live chat. It supports both English and Chinese. Their website also includes a FAQ section with answers to commonly asked questions. You can also follow them on some social networks including Facebook, Twitter, LinkedIn, Instagram and Twitter.

Customer Service
Customer Service
working hours
FAQ
social media

Overall, FXTRADING.com's customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros Cons
• Offers multilingual support 24/5 • Limited availability during weekends and public holidays
• Live chat support available on the website
• Quick response time to email inquiries
• Knowledgeable and helpful customer service representatives

Note: These pros and cons are subjective and may vary depending on the individual's experience with FXTRADING.com's customer service.

Educational Resources

FXTRADING.com offers a range of educational resources to help traders improve their knowledge and skills. The Market News section provides the latest updates on market events and trends, while the FXT Analysis section offers expert analysis and commentary. The Trading Insight section contains a variety of educational materials, including trading strategies and tutorials on technical and fundamental analysis. The FXT Navigator Guide is a comprehensive guide for traders on how to use the platform's features and tools. Additionally, FXTRADING.com offers webinars hosted by industry experts, providing traders with the opportunity to learn directly from experienced professionals.

Conclusion

In conclusion, FXTRADING.com is a well-regulated broker offering a wide range of trading instruments, powerful trading platforms, and comprehensive trading tools and resources. The broker's low spreads, flexible leverage options, and multiple account types cater to traders of all levels. The customer support team is professional and responsive, and the educational resources are valuable for beginner and experienced traders alike. While there are some fees associated with trading, overall, FXTRADING.com provides a competitive and reliable trading environment.

Frequently Asked Questions (FAQs)

Question 1: Is FXTRADING.com regulated?
Answer 1: Yes. It is regulated by ASIC.
Question 2: At FXTRADING.com, are there any regional restrictions for traders?
Answer 2: Yes. Restricted Countries: the USA, Ontario Province inside Canada, North Korea, Iran and New Zealand.
Question 3: Does FXTRADING.com offer demo accounts?
Answer 3: Yes.
Question 4: Does FXTRADING.com offer the industry-standard MT4 & MT5?
Answer 4: Yes. It supports MT4 and IRESS.
Question 5: What is the minimum deposit for FXTRADING.com?
Answer 5: The minimum initial deposit to open an account is $200.
Question 6: Is FXTRADING.com a good broker for beginners?
Answer 6: Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.
eto-markets
Aspect Information
Registered Country/Area Seychelles
Founded Year 10-15 years ago
Company Name ETO Markets Limited
Regulation Regulated in Australia (ASIC) and Seychelles (FSA)
Minimum Deposit USD 100
Maximum Leverage 1:500
Spreads Vary depending on the account type and currency pair (ranging from 0 pips to 2.2 pips)
Trading Platforms Meta Trader 4 (MT4), Meta Trader 5 (MT5), PAMM, Social Trading
Tradable Assets Forex, Precious Metals, Energies, Indices
Account Types PRO Account, BASIC Account, PRIME Account, STD Account
Demo Account Available
Islamic Account Not specified
Customer Support Phone: +248 4374772, Email: info@eto.group
Payment Methods Bank Wire Transfers (USD), China Union Pay (CNY), SEA Instant Payment (IDR, MYR, THB, VND), SEA Internet Banking (IDR, MYR, VND), Cryptocurrency (USDT)
Educational Tools Trading Guides, ETO Blog, Trading Webinars

General Information

Founded in 2010, ETO Markets is a forex and CFD forex broker based in Sydney, Australia, providing online solutions for retail and institutional investors in over 100 countries in Europe, Asia, Middle East, Africa, Oceania, etc. Please note that their services are not available in North and South America.

Concerning regulation, ETO GROUP PTY LTD is authozed or regulated by the Australian Securities and Investment Commission (ASIC); ABN 66 155 680 890, AFS Licence No. 420224, and ETO Markets Limited is authorized and regulated by The Seychelles Financial Services Authority (FSA), with regulatory license no. S062.

Pros & Cons

ETO Markets offers several advantages for traders, including a diverse range of market instruments such as forex, precious metals, energies, and indices, allowing for portfolio diversification and trading across different asset classes. The availability of different types of trading accounts, such as PRO, BASIC, PRIME, and STD accounts, caters to the varying needs and preferences of traders. ETO Markets also provides access to popular trading platforms like Meta Trader 4 (MT4) and Meta Trader 5 (MT5), which offer advanced charting capabilities, technical indicators, and automated trading options. Additionally, the educational resources offered by ETO, such as trading guides, a blog, and trading webinars, contribute to traders' learning and development.

However, it's important to consider the potential drawbacks. ETO Markets is regulated by different regulatory agencies in different jurisdictions, with ETO Markets Limited regulated by the Seychelles Financial Services Authority (FSA) as an “Offshore Regulatory” entity. Being regulated offshore may raise concerns for some traders about the level of investor protection and oversight. Moreover, the website and platform information provided for ETO GROUP PTY LTD, which is regulated by the Australia Securities & Investment Commission (ASIC), is not available, potentially limiting transparency and accessibility for traders. It's crucial for traders to conduct thorough research, assess their risk tolerance, and make informed decisions when considering trading with ETO Markets.

Pros Cons
ASIC-regulated Minimum depost not very low
Wide range of trading assets Only MT4 trading supported
Low minimum deposit requirement
Competitive spreads
High leverage
Demo & Islamic accout available
Educational resources provided

Is ETO Markets Legit?

Based on the information provided, ETO (ETO GROUP PTY LTD and ETO Markets Limited) is regulated by different regulatory agencies in different jurisdictions.

ETO GROUP PTY LTD, based in Australia, is regulated by the Australia Securities & Investment Commission (ASIC). It holds a Market Making (MM) license, with license number 420224. The effective date of the license is February 1, 2013. The address of the licensed institution is 02 Tower B Citadel Towers' Suite 12 Level 12, 799 Pacific Highway, CHATSWOOD NSW 2067, Australia. The phone number is 0407 204 611. However, no website is provided for ETO GROUP PTY LTD.

On the other hand, ETO Markets Limited is regulated by the Seychelles Financial Services Authority (FSA). It holds a Retail Forex License with license number S062. The regulatory status is described as “Offshore Regulatory.” The address of the licensed institution is Office No. 20, First Floor, Abis 1, Abis Centre, Providence Industrial Estate, Mahé, Seychelles. The phone number is +248 4374772. The email address is info@eto.group, and the website is https://www.eto.group.

It's important to note that being regulated by a regulatory agency does not guarantee the safety or legitimacy of an investment. Investors should exercise caution and conduct thorough research before engaging in any financial transactions or investments.

regulation
regulation

Market Instruments

ETO offers a diverse range of market instruments for trading on their online platform. These instruments cover various financial markets and asset classes, including:

1. Forex: ETO provides access to the foreign exchange market, which is known as the world's most liquid market. Traders can engage in forex trading with leverage of up to 1:500. ETO offers a wide range of currency pairs, including majors, minors, and exotics, with lower commissions.

2. Precious Metals: ETO allows trading in major commodity markets by offering precious metals such as Gold and Silver. These metals are considered valuable assets due to their high economic value and durability. Traders can take advantage of price movements in precious metals markets through ETO's platform.

3. Energies: ETO provides access to energy products such as WTI (West Texas Intermediate) crude oil, Brent crude oil, and Natural Gas through CFDs (Contract for Difference). Traders can benefit from low spreads, and 24-hour market executions in the energy market.

4. Indices: ETO enables trading on significant stock market indices worldwide. Traders can utilize leverage of up to 1:500 without any commission charges. This allows them to participate in the price movements of major stock market indices and potentially capitalize on market opportunities.

These market instruments offered by ETO provide traders with a range of options to diversify their portfolios and engage in trading across different asset classes. It's important for traders to familiarize themselves with the specific features, risks, and trading conditions associated with each instrument before engaging in any trading activities.

market-Instruments

Pros Cons
Diverse range of market instruments covering various financial markets and asset classes Potential complexity and learning curve associated with trading different instruments
Ability to trade on major stock market indices worldwide with leverage, without commission charges Market volatility and potential risk associated with forex trading
Availability of precious metals trading, allowing traders to benefit from price movements in valuable commodities Fluctuations in commodity prices and exposure to market risks
Access to energy products such as crude oil and natural gas, providing potential trading opportunities Market volatility and exposure to geopolitical and economic factors affecting energy prices
Exposure to stock market fluctuations and market risks associated with equity trading

Account Types

PRO ACCOUNT

The PRO account offers spreads starting from 0.0 pips. The minimum deposit required is USD 100, allowing accessibility for traders with varying budget sizes. The minimum trade size is 0.01 lot. With a maximum leverage of 1:500, traders can amplify their trading potential. The PRO account does not have a stop out level.

BASIC ACCOUNT

The BASIC account

offers spreads starting from 1.0 pips, providing reasonable pricing for trading. The minimum deposit required is USD 100, making it accessible to a wide range of traders. The minimum trade size is 0.01 lot. The maximum leverage offered is 1:500, enabling traders to maximize their trading opportunities. Similar to the PRO account, the BASIC account does not have a stop out level.

PRIME ACCOUNT

The PRIME account caters to traders who prioritize a balance between cost and trading conditions. It offers spreads starting from 1.7 pips, providing a reasonable pricing structure for trading. The minimum deposit required is USD 100, making it accessible to traders with different levels of capital. The minimum trade size is 0.01 lot. The maximum leverage offered is 1:500, providing traders with the potential to magnify their trading positions. As with the other account types, the PRIME account does not have a stop out level.

STD ACCOUNT

Lastly, the STD account is specifically tailored for traders interested in trading XAU/USD (Gold). It offers spreads starting from 1.7 pips for general trading pairs and 2.9 pips for XAU/USD. The minimum deposit required is USD 100, making it accessible to traders with varying budget sizes. The minimum trade size is 0.01 lot. The maximum leverage offered is 1:500, allowing traders to amplify their trading potential. Similar to the other account types, the STD account does not have a stop out level.

account-types
Pros Cons
PRO account offers spreads starting from 0.0 pips Limited information provided about specific trading conditions, such as commission fees or other charges
Maximum leverage of 1:500 across all account types, allowing traders to amplify their positions Lack of detailed explanation about additional benefits or features exclusive to each account type
PRIME account offers a balance between cost and trading conditions with reasonable spreads The absence of a stop out level may carry higher risk for inexperienced traders
STD account specifically caters to traders interested in trading XAU/USD (Gold) Limited account options for traders with specialized trading preferences or strategies
Accessibility with a minimum deposit requirement of USD 100 for all account types Lack of information about account management features and tools

How to Open an Account?

To open a DEMO ACCOUNT with ETO Markets, you can follow these steps:

1. Visit the ETO Markets website.

2. Look for the option to “Try demo account” and click on it.

open-account

3. You will be directed to a short application form.

4. Fill in the required information in the application form.

5. Complete the application process as instructed on the website.

open-account

To open a LIVE ACCOUNT with ETO Markets, you can follow these steps:

1. Visit the ETO Markets website.

2. Look for the option to “Open live account” and click on it.

open-account

3. You will be taken to an application form.

4. Fill in all the necessary information in the application form.

5. Complete the application process according to the instructions provided on the website.

open-account

Leverage

The maximum trading leverage offered by ETO Markets is up to 1:400. Investors should note that high leverage can increase the potential return but also increase the risk at the same time.

Spreads & Commissions

On a Standard account, spreads begin at 1.6 pips, which is a bit more than typical. The EUR/USD, GBP/USD, AUD/USD, and USD/JPY all have a spread of 1.8 pips, while the USD/CAD and USD/CHF have a spread of 2.2 pips.

On the Professional account, spreads are significantly reduced, with some as low as 0 pips, especially for currency pairs with a high trading volume. Thus, the EUR/USD, GBP/USD, and USD/JPY all have a spread of 0 pips, while the AUD/USD spread is 0.3 pips, the USD/CHF spread is 0.2 pips, and the USD/CAD spread is 0.4 pips. Consider, however, that there is a $7 commission every round deal, which is the reason for the low spreads.

Trading Platforms & Tools Available

ETO offers various trading platforms to cater to the diverse needs of traders. Here's a brief description of each trading platform:

1. Meta Trader 4 (MT4): MT4 is a widely recognized and popular trading platform that supports online trading through web pages, PCs, and mobile phones. It offers a comprehensive range of features and tools, making it suitable for both novice and experienced traders. MT4 provides a user-friendly interface, advanced charting capabilities, a wide range of technical indicators, and automated trading options.

trading-platform

2. Meta Trader 5 (MT5): MT5 is an advanced trading platform that provides market direction and data analysis to assist investors in making informed trading decisions. It offers enhanced features compared to MT4, including additional charting tools, more timeframes, and improved analytical capabilities. MT5 allows traders to access a variety of financial markets and trade anytime, anywhere, ensuring they don't miss any trading opportunities.

trading-platform

3. PAMM: PAMM (Percentage Allocation Management Module) is a solution designed for money managers. It enables them to manage funds across multiple client accounts using a single master account and interface. PAMM allows money managers to allocate and distribute investments, track performance, and execute trades on behalf of their clients.

trading-platform

4. Social Trading: ETO offers social trading, which is a form of investing that allows traders to copy investment strategies from others. It is suitable for individuals who don't have the time or expertise to analyze the markets extensively or identify trading opportunities. With social trading, traders can follow and replicate the trades and strategies of successful traders, leveraging their knowledge and experience.

trading-platform

These trading platforms provided by ETO offer different features, functionalities, and advantages to suit the preferences and requirements of various traders. It's recommended to explore the specific details and capabilities of each platform on the official ETO website to choose the one that best aligns with individual trading goals and strategies.

Pros Cons
Multiple trading platforms to cater to diverse trader needs Limited availability of specific financial products or markets
User-friendly interface and advanced features in Meta Trader 4 (MT4) Potential confusion due to separate entities offering trading services
Advanced charting tools, timeframes, and analytical capabilities in Meta Trader 5 (MT5) Different regulatory status for ETO Markets Limited and ETO GROUP PTY LTD may raise concerns about investor protection and oversight
PAMM module for money management across multiple client accounts Limited accessibility to website and platform information for ETO GROUP PTY LTD
Social trading feature for copying successful traders' strategies Limited transparency regarding the company's background and management

Deposit & Withdrawal

To deposit funds into your ETO Markets account, you need to log in to the ETO Markets Portal and select 'My Account' or click the 'Deposit Now' button on the top-right corner of the page. From there, you can choose your preferred payment method by clicking on the corresponding icon. The available payment methods include Bank Wire Transfers (USD), China Union Pay (CNY), SEA Instant Payment (IDR, MYR, THB, VND), SEA Internet Banking (IDR, MYR, VND), and Cryptocurrency (USDT). Once you have selected the payment method, choose the account you want to deposit to and enter the deposit amount in USD. Click 'Submit' and follow the instructions to complete the deposit request. The deposit will be reflected in your account within 5 minutes.

deposit-withdrawal

For withdrawals, you need to log in to the ETO Markets Portal, select 'My Account,' and click on 'My Withdrawal.' Submit your withdrawal request through the provided form. If you are withdrawing cryptocurrency, your request will be processed after confirming the instructions in the confirmation email sent by ETO Markets.

The processing time for withdrawals is as follows: Applications submitted before 3 am GMT on weekdays will be processed on the same day, while applications submitted after 3 am GMT will be processed on the next business day. Withdrawal applications submitted on weekends will be processed on the following business day.

The withdrawal limits vary depending on the payment method. For UnionPay, there is no minimum withdrawal amount per transaction. For USDT Transfer (TRC20) and USDT Transfer (ERC20), the minimum withdrawal amount is 100 USDT. For SEA Instant Payment and SEA Internet Banking, there is no minimum withdrawal amount per transaction.

Processing fees may apply for withdrawal requests below $100 USD. The exact processing fees for deposits and withdrawals can be found in the 'What are the processing fees for deposit and withdrawal' section on the ETO Markets Portal.

Pros Cons
Multiple payment methods available for deposits and withdrawals Processing fees may apply for withdrawal requests below $100 USD
Quick deposit processing with funds reflected in the account within 5 minutes Withdrawal processing time depends on the submission time and may take up to the next business day
Clear instructions provided for deposit and withdrawal procedures Withdrawal limits vary depending on the payment method, potentially affecting the amount that can be withdrawn
User-friendly online portal for account management Limited information about withdrawal processing fees

Customer Support

The ETO Markets customer service team is available Monday through Friday from 9am to 5pm (Sydney time) via phone, live chat, and email. The team is comprised of individuals with a strong financial background, so they can assist you with a variety of concerns. An is undoubtedly one of the reasons why this e-commerce website has an excellent reputation for customer service. There are few FAQs and tutorials available on the trade website, and they will not be of much assistance.

Educational Resources

ETO provides a range of educational resources to support traders in their learning and development. Here's a brief description of each educational resource:

1. TRADING GUIDES: ETO Markets offers educational videos called Trading Guides. These videos focus on providing instruction and guidance on how to navigate and utilize the Meta Trader 4 (MT4) trading platform. They are particularly beneficial for new traders who are learning to use MT4 and want to understand its features and capabilities. Even experienced traders can benefit from these guides to learn new strategies or enhance their skills.

 educational-resources

2. ETO BLOG: ETO Markets maintains a blog that offers weekly reports and interviews. The blog serves as a valuable resource for traders seeking market intelligence and real-time market positioning ideas. Through the blog, traders can access in-depth analysis, stay updated with market trends, and gain insights from industry experts. It provides a platform for traders to deepen their understanding of the financial markets.

educational-resources

3. TRADING WEBINARS: ETO Markets conducts trading webinars led by experienced traders or financial professionals. These webinars cover various topics such as technical analysis, risk management, and trading strategies. Webinars provide valuable insights and practical knowledge to enhance trading skills and decision-making abilities.

educational-resources

These educational resources offered by ETO aim to empower traders with knowledge, skills, and market insights. Whether traders are beginners or experienced professionals, these resources can support their learning journey and help them make informed trading decisions. It's recommended to explore the specific offerings and availability of these educational resources on the official ETO website.

Customer Support

ETO Markets provides customer support services to assist traders with their inquiries and concerns. The customer service team is available Monday through Friday from 9am to 5pm (Sydney time) and can be contacted via phone, live chat, and email. The team consists of individuals with a strong financial background, ensuring they can provide knowledgeable assistance across a range of trading-related matters. ETO Markets has gained a reputation for excellent customer service, which contributes to its positive standing in the industry. While the trade website offers limited FAQs and tutorials, direct contact with the customer support team is the recommended approach for personalized assistance. The contact details for customer support include the email address info@eto.group, the phone number +248 4374772, and the physical address F20, 1st Floor, Eden Plaza, Eden Island, Seychelles. Additionally, customers can follow ETO Markets on various platforms to stay updated with the latest information and developments.

Conclusion

ETO Markets is a regulated brokerage offering a range of advantages and disadvantages. On the positive side, ETO Markets is regulated by the Australia Securities & Investment Commission (ASIC) and the Seychelles Financial Services Authority (FSA), providing a level of oversight and accountability. They offer a diverse range of market instruments, including forex, precious metals, energies, and indices, allowing traders to diversify their portfolios. ETO Markets provides different account types to cater to the needs of various traders, with leverage options of up to 1:500. They offer popular trading platforms like MetaTrader 4 and 5, as well as PAMM and social trading options. ETO Markets also provides educational resources such as trading guides, a blog, and webinars to support traders' learning and development. On the negative side, being regulated offshore by the FSA may be seen as a disadvantage compared to stricter regulatory jurisdictions. The website lacks detailed information and transparency on some aspects, and customer support may be limited to specific hours. It's important for traders to conduct their own research, consider their risk tolerance, and understand the advantages and disadvantages before engaging with ETO Markets or any brokerage.

FAQs

Question: Is ETO Markets a regulated broker?

Answer: Yes, ETO Markets is a regulated broker. It is regulated by the Australia Securities & Investment Commission (ASIC) and holds a Market Making (MM) license. Additionally, ETO Markets Limited is regulated by the Seychelles Financial Services Authority (FSA) and holds a Retail Forex License.

Question: What trading platforms does ETO Markets offer?

Answer: ETO Markets offers a variety of trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms provide advanced charting tools, technical indicators, and automated trading options. ETO also offers PAMM and social trading platforms.

Question: What account types are available at ETO Markets?

Answer: ETO Markets offers different types of trading accounts to cater to the needs of traders. These include the PRO account, BASIC account, PRIME account, and STD account. Each account type has its own features and benefits, such as varying spreads, minimum deposit requirements, and leverage options.

Question: Can I open a demo account with ETO Markets?

Answer: Yes, ETO Markets provides the option to open a demo account. Traders can practice trading strategies and familiarize themselves with the platform without risking real money. The demo account allows traders to gain experience and confidence before transitioning to a live trading account.

Question: What are the available payment methods for deposits and withdrawals?

Answer: ETO Markets offers various payment methods for deposits and withdrawals. These include Bank Wire Transfers, China Union Pay, SEA Instant Payment, SEA Internet Banking, and Cryptocurrency (USDT). The specific payment methods available may vary depending on your location.

Question: What is the maximum leverage offered by ETO Markets?

Answer: ETO Markets offers a maximum leverage of 1:500. Leverage allows traders to control larger positions in the market with a smaller initial investment. However, it's important to consider the risks associated with higher leverage and manage risk effectively.

Question: What are the trading instruments available at ETO Markets?

Answer: ETO Markets provides a range of trading instruments across various financial markets. These include forex currency pairs, precious metals such as gold and silver, energies like crude oil and natural gas, and stock market indices. Traders can diversify their portfolios and trade different asset classes through ETO's platform.

Question: Does ETO Markets provide educational resources for traders?

Answer: Yes, ETO Markets offers educational resources to support traders in their learning and development. These resources include trading guides, a blog with market reports and interviews, and trading webinars conducted by experienced traders. These resources aim to provide market insights, strategies, and enhance traders' skills and knowledge.

Question: How can I contact customer support at ETO Markets?

Answer: ETO Markets provides customer support services via phone, live chat, and email. The customer service team is available Monday through Friday from 9am to 5pm (Sydney time). You can contact them at +248 4374772 or email them at info@eto.group. Additionally, ETO Markets can be followed on various platforms for the latest information and updates.

Are the transaction costs and expenses of fxtrading-com, eto-markets lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive fxtrading-com and eto-markets are, we first considered common fees for standard accounts. On fxtrading-com, the average spread for the EUR/USD currency pair is from 0.0 pips, while on eto-markets the spread is From 0.

Which broker between fxtrading-com, eto-markets is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

fxtrading-com is regulated by ASIC,ASIC,VFSC. eto-markets is regulated by ASIC,FSA.

Which broker between fxtrading-com, eto-markets provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

fxtrading-com provides trading platform including Pro,Standard and trading variety including Forex, metals, energies, commodities, cryptos & indices. eto-markets provides trading platform including Pro,Standard and trading variety including --.

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