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/10

eurotrader

Cyprus|5-10 years|
Regulated in Cyprus|Market Making(MM)|MT4/5 full license|Suspicious Overrun|High potential risk|

https://www.eurotrader.com/en/website-home

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

EurotradeSA-Demo01

Singapore
MT4
2

Influence

B

Influence index NO.1

Italy 3.99

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
EurotradeSA-Demo01 MT4
Server Location Singapore

Influence

Influence

B

Influence index NO.1

Italy 3.99

Surpassed 24.53% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 (0)20 8004 7430
support@eurotrader.com
https://www.eurotrader.com/en/website-home
74 Walmer street, Sydenham, Johannesburg, 2192, South Africa

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+44 (0)20 8004 7430

Broker Information

More

Company Name

Eurotrade Investments RGB Ltd

Company Abbreviation

eurotrader

Platform registered country and region

Cyprus

Company website
Twitter
Facebook
Instagram
Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2024-02-23
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 44351)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

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eurotrader · Company Summary

Registered in Cyprus
Regulated by CYSEC
Year(s) of establishment 5-10 years
Trading instruments Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks
Minimum Initial Deposit $50
Maximum Leverage 1:500
Minimum spread 0.0 pips onwards
Trading platform MT4, MT5
Deposit and withdrawal method VISA, MasterCard, ozow, skrill and bank transfer.
Customer Service Email/ phone number /live chat
Fraud Complaints Exposure Yes

General information and regulations of eurotrader

Founded in 2018, eurotrader is a Cyprus-registered retail broker, offering trading in forex, stocks, cryptos, indices and commodities.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

General information

Market instruments

Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks.....eurotrader allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on eurotrader.

market instruments

Spreads and commissions for trading with eurotrader

In the case of eurotrader, the spreads and commissions depend on instruments and accounts. We take the zero account for example. The typical spread is around 0.0-0.3 pips, and the commissions are 2.75 USD per lot for forex.

Account Types for eurotrader

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

Live Account: eurotrader offers a total of 3 account types: micro, zero and hero. The minimum deposit to open an account is $50, $500 and $250,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a micro 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.

account types

Trading platforms offered by eurotrader

As for trading platforms, clients can choose between the market leaders MetaTrader4 and MetaTrader5, which can be accessed from many devices.

However, have you ever wondered or are you wondering which platform you should use? Our team has the corresponding article for your reference. The article details the similarities and differences between the two and gives specific advice.

https://www.wikifx.com/es/wikishow/202207208464173722.html

trading platform

Leverage offered by eurotrader

eurotrader 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.

Deposit and withdrawal methods and fees

In terms of deposit and withdrawal, like many good brokers, eurotrader provides a detailed form with important information about currency, payment method, minimum amount, arrival date, fees, etc. The feasible payment methods are VISA, MasterCard, ozow, skrill and bank transfer.

deposit and withdrawal

Educational resources

A series of educational resources is available at eurotrader, such as various calculators, video courses, eBooks, blogs, etcetera.

educational resources

Customer support of eurotrader

Below are the details about the customer service.

Language(s): English, Portuguese, Spanish, Italian, Malay, Indonesian,

Service Hours: 24/5

Email: support@eurotrader.com

Phone Number: +44 (0)20 8004 7430

Social media: Facebook, Instagram, LinkedIn, twitter

customer support

Users exposures on WikiFX

On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

users' exposure

Advantages and disadvantages of eurotrader

Advantages:

Well regulated

High leverage

MT4, MT5

Sufficient information

Educational resources

Many instruments available

Demo account

Disadvantages:

Complaints

No copy trading

Frequent asked questions about eurotrader

Is this broker well regulated?

Yes, it is currently effectively regulated by CYSEC.

How much leverage does this broker offer?

The maximum leverage of eurotrader is 1:500. Please note that this leverage may only be available for some accounts and products. Please consult our articles or the dealer's website for specific information.

Does this broker offer MT4/MT5?

Yes, eurotrader offers both MT4 and MT5 for you to choose from.

News

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Nigeria’s apex bank has unbanned Nigerian banks from facilitating crypto transactions after almost two years of enforcing a ban on their engagement with digital currencies. A few days ago, the Central Bank of Nigeria (CBN) sent a circular to banks, recognizing that the rise in global demand and adoption of crypto requires removal of the restrictions placed on financial institutions.

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2023-12-27 18:06
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The Central Bank of Nigeria Unbans Banks from Facilitating Digital Asset Transactions
Eurotrader Continues Hiring, Adds Jack Beezer as Chief Product Officer

NewsEurotrader Continues Hiring, Adds Jack Beezer as Chief Product Officer

2022-11-04 12:06

Beezer previously worked for Axi in product-centric roles. Eurotrader appointed several executives in recent months.

WikiFX
2022-11-04 12:06
News
Eurotrader Continues Hiring, Adds Jack Beezer as Chief Product Officer
Ex-ThinkMarkets Executive Marcelo Spina Has Been Appointed Group CEO of EUROTRADER

NewsEx-ThinkMarkets Executive Marcelo Spina Has Been Appointed Group CEO of EUROTRADER

2022-08-30 13:27

Eurotrader, a multi-asset retail broker, has named Marcelo Spina as its new Group Chief Executive Officer. Spina was formerly the Global Head of Business Development at ThinkMarkets.

WikiFX
2022-08-30 13:27
News
Ex-ThinkMarkets Executive Marcelo Spina Has Been Appointed Group CEO of EUROTRADER

User Reviews

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User comment

3

Comments

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FX1286573346
more than one year
Trust me, guys, EuroTrader is a good broker, no rich trading assets, no attractive offerings, but it has transparent trading environment and professional customer support. I’ve traded with this brokers for three years, nothing to complain.
2023-02-24 14:43
Reply
0
0
Hamoudy Ibert
more than one year
Trading conditions they advertise do quite attractive, a diverse range of trading instruments, leverage up to 1:500, tight spreads and low commissions, mt4 and mt5 are both available. The most important is that the minimum deposit is only $50. Nothing is perfect than this, I think. The hype is too perfect, however, worries me a lot.
2022-11-22 15:53
Reply
0
0
随心波
more than one year
Don’t waste your money or time here, I bet you will be extremely disappointed by its high slippage, serious withdrawal problems, don’t even try to use your hard-earned money to go on an adventure🙂
2022-11-22 12:10
Reply
0
0
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