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ETA ltd

China|2-5 years|
Suspicious Scope of Business|High potential risk|

https://etaltd.io/

Website

Rating Index

Contact

support@etaltd.io
https://etaltd.io/

Licenses

No valid regulatory information, please be aware of the risk!

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Broker Information

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Company Name

ETA ltd

Company Abbreviation

ETA ltd

Platform registered country and region

China

Company website

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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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ETA ltd · Company Summary

Since ETA ltds official website (https://etaltd.io/) is temporarily down at the moment, we could only piece together the rough picture of this brokerage house by gathering some relevant information from other websites.

General Information

ETA ltd is a newly established forex broker, with an operation time of one to two years, offering its clients forex and CFD trading services. ETA ltd offers a total of four trading accounts to choose from, with a minimum deposit of € 250.

In terms of regulatory information, it has been verified that ETA ltd‘s is not subject to any valid regulation, and that’s why its regulatory status is marked as “No License” on the WikiFX website, where it also got a pretty low score of 1.43/10 on WikiFX. Please be aware of the risk.

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Account Types

ETA ltd offers a total of four trading accounts for clients to choose from, namely Starter Account, Pro Account, Luxury Account, and Business Account. These four trading accounts are classified in light of their initial deposit requirements. To trade with ETA ltds most basic account, the Starter Account, investors need to fund at least € 250, which sounds acceptable. While other three trading accounts require much higher initial capital amounts, from € 2,500, €25,000, and €100,000, respectively.

account

Leverage

Trading leverage varies depending on trading accounts, ranging from 1:100 to 1:500, which is considered high overall.

Bear in mind that, leverage can amplify gains, as well as losses, inexperienced, are strongly recommended to choose the proper amount that they feel most at ease.

Spreads

With ETA ltd, trading accounts significantly affect spreads. With the Starter account and the Luxury account, the minimum spread is 1.5pips. It seems that the Pro and the Business account offer relatively competitive spreads, from 0.1 pips and 0.4 pips, respectively. while commission details are not disclosed.

Customer Support

ETA ltd offers poor customer support, only email support is available:

Email: support@etaltd.io

Risk Warning

Online trading in leveraged Forex and CFD instruments contains a high level of risk and may not be suitable for all investors.

Please note that the information contained in this article is for general information purposes only.

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潜龙勿用20773
more than one year
ETA ltd is a complete waste of time. The trading platform is unusable, the spreads are ridiculously high, and worst of all, there is no regulation whatsoever. I made the mistake of opening an account with them, and I deeply regret it. If you are considering trading with ETA ltd, my advice is to stay away and find a reputable and regulated broker instead.
2023-03-29 10:24
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夏天不冷
more than one year
They are dishonest liars. They’re also rude and snarky! I don't need this behaviour from my broker! I wasn’t allowed to withdraw even after I did my identity verification and paid all fees required.
2022-12-19 18:23
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