General Information
EU Finance is a broker registered in the United Kingdom, providing its clients access to a series of trading instruments, including Forex, Cryptocurrency, Indices, Commodities, Shares, Metals. With the EU Finance platform, investors are given the flexibility of choosing from three types of trading accounts, Micro, Standard, and Premium accounts, with the minimum deposit to open alive account starting at $250.
EU Finance is not subject to any regulation to operate illegally. And thats why WikiFX has given this broker a very low score of 1.13/10. Please be aware of the risk.
Account Types
Micro, Standard, and Premium accounts are available options for all clients. The minimum deposit amount specifies the account type, with the Micro account from $250, the Standard account from $5,000, the Premium accounts from $25,000.
The Standard accounts come with a welcome bonus up to 25%, and Premium accounts offer a welcome bonus up to 50%.
Spreads & Commissions
EU Finance says it offers fixed spreads. This broker, however, does not specify spreads on particular instruments.
Leverage
Trading accounts set trading leverage, flexible leverage options ranging from 1:200 to 1:400, which is greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.
Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.
Trading Platform
It seems that EU Finance gives multiple trading platform options, including the EU Finance platform, WebTrader, as well as Mobile App. Aside from trading platforms, a series of trading tools are also provided, including Economic Calendar, Risk Managements, Forex Converter.
Payment Methods
The minimum deposit is $250, EU Finance, however, does not specify what payment methods it provides for clients to make a deposit and withdrawal.
Customer Support
Clients with inquiries or trading instruments can get in touch with EU Finance through the following contact channels:
Telephone: support@eufinance.eu
Email: +441164710015
Company Address: 2B John Islip Street, Westminster, London, SW1P 4PX
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Pros & Cons
Frequently Asked Questions
What items can I trade with on EU Finance？
EU Finance offers access to Forex, Cryptocurrency, Indices, Commodities, Shares, Metals.
What is the minimum/maximum amount that I can deposit/withdraw？
The minimum deposit for a Micro account is $250, and the minimum withdrawal requirement is not mentioned.
What is the maximum leverage available？
The maximum trading leverage that is available on the EU Finance platform is up to 1:400.
2022-12-11 12:24
2022-12-07 10:38
