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Score

1.40 /10
Danger

EQUINOX

United Kingdom

2-5 years

Regulated in United States

Suspicious Regulatory License

MT4/5 White Label

Regional Brokers

United States Common Financial Service License Unauthorized

Suspicious Overrun

High potential risk

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Score

License Index 0.00
Business Index 6.16
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
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Licenses

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

Single Core

1G

40G

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Regulatory disclosure

Danger

MY
2022-01-01

Broker Information

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Company Name

Equinox Markets Limited

Company Abbreviation

EQUINOX

Platform registered country and region

United Kingdom

Company website

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Warning: Low score, please stay away! 3
Previous Detection : 2023-06-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • United StatesNFA (license number: 0534614) The regulatory status is abnormal, the official regulatory status is Unauthorized. Please be aware of the risk!

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EQUINOX · Company summary

General Information & Regulation

Equinox Markets Limited (EQUINOX) is a Forex broker registered in Saint Vincent and the Grenadines (SVG). According to the official website, EQUINOX holds a Common Financial Service License (No. 0534614) issued by the NFA, but it should be noted that this license is currently marked as a regulatory anomaly of “Unauthorized”.

Market Instruments

EQUINOX offers investors a wide range of financial instruments, including foreign exchange, indices, stocks, energy and commodities, among more than 150 instruments.

Accounts & Leverage

EQUINOX has three account types for investors to choose from, namely Mercury, Saturn, and Pluto accounts. The account criteria are set with respect to the minimum deposit amount, which ranges from $1,000 to $25,000. All three accounts have a maximum leverage of 1:500 and are denominated in USD currency.

Spreads

Users can trade 49 currency pairs at EQUINOX. The broker charges their clients floating spreads, which vary depending on the type of account, with spreads starting from 2.5, 1.5 and 0.75 for Mercury, Saturn and Pluto accounts in that order.

Trading Platform

EQUINOX provides its clients with access to the world financial markets via the MetaTrader 4 (MT4) platform, which is used by millions of traders worldwide and supports both PC and mobile use.

Deposit & Withdrawal

EQUINOX offers its clients a choice of deposit/withdrawal methods for different national currencies, including PayTrust, Bank Wire, HWGC, PayBnB, etc. The broker does not charge any fees for deposits, but more than half of the withdrawal methods are subject to a 1% fee.

Customer Support

EQUINOX supports 24/5 service. Also, the official website provides multiple language support for customers to check, including English, Chinese and Vietnamese versions.

User Reviews

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6

Comments

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Alfred
more than one year
I never felt lost in forex trading. Their customer support is awesome. I love the platform they provide-give me ease while trading.
2023-03-01 10:48
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0
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james chong3451
3-6months
i have been using Equinox markets for 3 months... so far return around 5-10%... remisier helpful with my trades...one thing can be improved is maybe they can help us do fund management and copy trade.
2023-02-16 18:07
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0
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Jessica 7734
3-6months
I just came into contact with equinox market, and I think Charlie is a qualified analyst, and I think this platform looks very professional. The first time I traded I was approached by someone with the CFA certification. That was trading from 134.17. The trade was liquidated, and then I deposited $44 to start trading, and it was still liquidated. I was very disappointed and stopped trading. Later, another account manager in equinox market convinced me that it would improve my current loss situation and asked me to switch to spot trading without leverage, and then introduced another analyst head remisier Jeremy (country manager) to me, starting from 500 US dollars. At the beginning, I made money and then lost money in minutes. Stocks need to wait to make a profit. The stock has not yet made a profit, and the overnight interest has to be earned every day, and the loss is more than the profit. Moreover, all hedging transactions are liquidated. Is it so difficult to earn US dollars in transactions? The advantage of earning US dollars is that the interest rate is higher than that stored in the bank. The bad thing is that the losses are serious. The advantage of a lot of scam funds stored in the bank is that the funds are still there. The interest rate is not as fast as the rate of earning US dollars. If you trade, you will feel very If you are afraid of losing money, stop trading and apply for withdrawal. Because not everyone is suitable for their own trading and follow the analyst's signal, sometimes blindly follow the analyst's signal, the loss is their own, they will not be responsible for the loss of funds, they will induce you to continue trading and refuse to approve the withdrawal
+1
2023-01-29 15:43
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Jessica 7734
3-6months
This platform can’t withdraw funds, and you can’t withdraw funds freely even if you want to withdraw funds. The so-called follow the analyst’s signal head to earn money and then lose money. How much money you deposit will end up losing money, and then you will face a lot of withdrawals The problem is that your funds are in bank negara blacklist, other normal platforms can freely withdraw funds without bank negara blacklist
2023-01-28 19:29
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ProGamer
3-6months
The intermediary on this platform is unreliable. If you want to invest, don’t invest too much money. At first I invested 100 usd, and then my position was liquidated. After that, he asked me to add 1000 usd to ensure profit, but I told him I didn’t have that much. He Asked me to deposit 500usd (use bonus to induce), and then he asked me to deposit another 100 when I was about to liquidate, but it didn’t work, and the position was liquidated again. After that, he asked me to deposit 1000usd (use bonus to induce me to deposit), 100% can earn Returned to 700usd, but it lasted for 1-2 months, and the position was liquidated. After that, he asked me to add money to keep it (also induced by bonus). I believe it is not my problem. I have no loss in my own investment. The last two pictures are I invested myself
2023-01-21 00:07
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0
0
.12718
more than one year
The regulatory license of this company is not reliable and I have found that people have said that they have been scammed. To be on the safe side, I suggest that you do not invest here.
2022-12-20 11:21
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