Company Profile
| EQFX TRADEReview Summary | |
| Founded | 2-5 years |
| Registered Country/Region | China |
| Regulation | Unregulated |
| Market Instruments | CFD/EFTs/Stocks/Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0.2 pips |
| Trading Platform | MT5(Desktop/Web/Mobile(iOS/Android)) |
| Min Deposit | $100 |
EQFX TRADE Information
EQFX TRADE is a broker-trade of 300+ instruments with a maximum leverage of 1:500 including CFD, EFTs, stocks, and cryptocurrencies. The broker also provides starter, standard, and ECN accounts. The minimum spread is from 0.2 pips and the minimum deposit is $100. EQFX TRADE is still risky due to its unregulated status.
Pros and Cons
| Pros | Cons |
| Leverage up to 1:500 | Unregulated |
| 24/7 customer support | Inaccessible official website |
| Spread from 0.2 pips | Unspecific transfer time and fee information |
| Demo account available | |
| Various tradable instruments | |
| MT5 available |
Is EQFX TRADE Legit?
EQFX TRADE is not regulated, making it less safe than regulated brokers.
What Can I Trade on EQFX TRADE?
EQFX TRADE offers a wide range of market instruments, including CFD, EFTs, stocks, and cryptocurrencies.
| Tradable Instruments | Supported |
| CFD | ✔ |
| ETFs | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Precious Metals | ❌ |
| Shares | ❌ |
| Forex | ❌ |
| Commodities | ❌ |
| Mutual Funds | ❌ |
Account Type
EQFX TRADE has three account types: starter, standard, and ECN. Traders who want low spreads can choose an ECN account, while those with a small budget can open a starter account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.
| Account Type | Starter | Standard | ECN |
| Minimum Deposit | $100 | $500 | $10000 |
| Spread | From 1.8 pips | From 1.2 pips | From 0.2 pips |
| Leverage | From 1:10 to 1:500 | From 1:10 to 1:500 | From 1:10 to 1:500 |
| Platform | MT5(Desktop/Mobile/Web) | MT5(Desktop/Mobile/Web) | MT5(Desktop/Mobile/Web) |
EQFX TRADE Fees
The spread is from 0.2 pips. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Trading Platform
EQFX TRADE cooperates with the authoritative MT5 trading platform available on desktop, web, and mobile(iOS/Android) to trade. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop/Web/Mobile(iOS/Android) | Experience traders |
Deposit and Withdrawal
The minimum deposit is $100. EQFX TRADE accepts Mastercard, PayPal, Visa, and Bank Transfer for deposit and withdrawal. However, due to the inaccessible official website, transfer processing times and associated fees are unknown.
