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ES markets

China|5-10 years|
MT4 Full License|The server is only located in China.|High potential risk|

http://www.esmarketstrader.com/en

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

1
Server Name
ESMarketsLimited-live MT4
Server Location China

Contact

service@esmarketscapital.com
http://www.esmarketstrader.com/en
Room 1-902,Building 12,Shun Ao Jia Yuan South District,Shunhua Road,Gaoxin District,Jinan,Shandong,China

Licenses

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

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

Single Core

1G

40G

Open Now

Broker Information

More

Company Name

ES markets Limited

Company Abbreviation

ES markets

Platform registered country and region

China

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-04-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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ES markets · Company Summary

Aspect Details
Company Name ES Markets Limited
Registered Country/Area China
Founded Year 2018
Regulation No Regulation
Tradable Assets Forex, Energy, Metals, Indices
Account Types Standard, Professional, Clearing, Demo
Minimum Deposit $500 (Standard, Professional), $50,000 (Clearing)
Maximum Leverage 1:100
Spreads From 1.6 pips (Standard), from 0 pips (Professional, Clearing)
Trading Platforms MetaTrader 4 (PC, Mobile)
Demo Account Available
Customer Support Email, Phone, Office Address
Deposit & Withdrawal Lack of transparency
Educational Resources News section on their website

Overview of ES markets

ES Markets, established in 2018 and based in China, operates without formal regulation. It targets traders globally, offering a wide range of tradable assets including forex, energy, metals, and indices. With account types like Standard, Professional, and Clearing, alongside a Demo account for practice, it attends to various trader levels. The minimum deposit starts at $500, escalating to $50,000 for specialized accounts. ES Markets employs MetaTrader 4 for trading, providing limited educational resources and a news section, but lacks transparency in deposit and withdrawal processes.

Overview of ES markets

Pros and Cons

ES markets provides a range of trading instruments and the popular MT4 platform, along with competitive leverage in forex markets. Traders can also benefit from a demo account to practice strategies. However, the broker's lack of regulatory oversight and transparency regarding fees, commissions, and fund processing methods are significant drawbacks. Additionally, customer support is not available round-the-clock, potentially leading to delays in assistance outside of working hours. These factors should be carefully weighed when considering ES markets as a trading partner.

Pros Cons
  • Various trading instruments offered
  • No regulatory oversight
  • MT4 trading platforms available
  • Commissions lack transparency
  • Competitive leverage in forex
  • Deposit and withdrawal transparency issues
  • Demo account for practice trading
  • Non-trading fees lack transparency
  • Access to trading tools
  • Limited customer support hours

Is ES markets legit or a scam?

ES market lacks regulatory oversight, posing significant risks to traders. This absence of regulation indicates doubts over the safety of funds, trading integrity, and financial stability. Without a regulatory body to ensure compliance with financial standards, the potential for financial misconduct and scams increases. Although ES markets provides a range of trading instruments and platforms, the lack of regulatory supervision casts doubts on its legitimacy and the security of trading operations.

Is ES markets legit or a scam?

Market Instruments

ES markets offers a variety of market instruments, including forex, energy, metals, and indices.

Forex trading features28 mainstream currency pairswith advantages like 24-hour trading, high liquidity, and leverage up to 1:100.

Energy instruments include trading in crude oil futures, with leverage of 1:50.

Metals trading provides access to precious metals like gold and silver against USD, leveraging up to 1:50.

Indices trading covers major global indexes like the Dow Jones, S&P, Nasdaq, and others, offering leverage up to 1:100 for some indices.

Market Instruments

Account Types

ES Markets features three primary account types: Standard, Professional, and Clearing, plus a Demo account for risk-free trading practice.

The Standard and Professional accounts require a minimum deposit of $500, with spreads starting from 1.6 pips and 0 pips, respectively.

The Clearing account, attending to more seasoned traders, demands a $50,000 minimum deposit, offering spreads from 0 pips.

All accounts have a minimum position size of 0.01 lot and share a maximum leverage of 1:100.

A Demo account is also available for those looking to practice without financial risk.

Account Type Maximum Leverage Minimum Deposit Minimum Spread Minimum Position
Standard 1:100 500 USD 1.6 0.01 lot
Professional 1:100 500 USD 0 point start 0.01 lot
Clearing 1:100 50,000 USD 0 point start 0.01 lot
Account Types

How to Open an Account with ES markets

  1. Visit the ES Markets website and locate the account registration section.

  2. Choose the type of account you wish to open (Standard, Professional, Clearing, or Demo) and provide the required personal information.

  3. Complete the verification process by submitting the necessary identification documents as requested by ES Markets.

  4. Once your account is verified, proceed to make the minimum required deposit for your selected account type.

  5. Following the deposit, you can then access the trading platform and begin trading.

Leverage

ES Markets provides up to 1:100 leverage for all account types, enabling significant market exposure from minimal capital.

Leverage

Spreads & Commissions

ES Markets structures its spreads and commissions distinctively across its account offerings. The Standard account features spreads beginning at 1.6 pips, attending to general trading needs. The Professional and Clearing accounts, however, offer spreads starting at 0 pips to serve high-volume and institutional traders with a preference for direct market access and lower spread costs, aligning with professional trading demands.

Trading Platform

ES Markets utilizes the MetaTrader 4 (MT4) platform, renowned for its comprehensive trading tools and user-friendly interface. It offers traders an edge with features like real-time data, advanced charting, and analytical tools. The platform facilitates automated trading through Expert Advisors (EAs), allowing continuous market engagement. Additionally, mobile trading apps for iOS and Android extend the flexibility to trade on the move, highlighting ES Markets' commitment to accessible and efficient trading experiences across devices.

Trading Platform

Trading Tools

ES Markets integrates the MAM&PAMM systems into its offerings, especially for money managers using the MetaTrader 4 platform. This feature is createed to facilitate the management of multiple accounts through a single MT4 interface, leveraging expert advisors (EAs) for efficient operation. MAM (Multi-Account Manager) enhances the MetaTrader 4 platform by allowing currency managers to execute trades and manage several accounts simultaneously, simplifying multi-account fund management. This capability aligns with ES Markets' advanced trading tools, offering flexible and powerful solutions for professional traders and fund managers.

Trading Tools

Customer Support

ES markets provides comprehensive customer support:

Email: Service@esmarketstrader.com and service@esmarketscapital.com

Phone: +86-5318643352.

Office address: Room 1-902, Building 12, Shun Ao Jia Yuan South District, Shunhua Road, Gaoxin District, Jinan, Shandong, China.

The team is available to address inquiries from 8:30 AM to 10:00 PM.

Educational Resources

ES Markets' News section provides a dynamic learning tool, featuring regular market analyses and updates. It equips traders with essential information on economic events and market trends, facilitating educated decision-making in their trading endeavors. The analyses cover a spectrum from geopolitical events to financial policy shifts, enriching traders' market comprehension.

Educational Resources

Conclusion

Established in China in 2018, ES Markets offers a various range of assets and MetaTrader 4 platform access, attending to different trader levels with accounts like Standard, Professional, and Clearing, plus a demo for practice. The starting minimum deposit is $500. However, its unregulated status shows reservations regarding fund safety and integrity. Issues with transparency in deposits, withdrawals, and fees, alongside restricted customer support hours, present notable risks. While it boasts competitive leverage and trading tools, the drawbacks of operating without regulatory oversight should be carefully considered by potential clients.

FAQs

Q: What is the regulatory status of ES Markets?

A: Unregulated, ES Markets operates, highlighting potential risks regarding the security of funds and trading fairness.

Q: What platforms are available for trading with ES Markets?

A: Traders are provided with the MetaTrader 4 platform by ES Markets for various trading experiences.

Q: What account types does ES Markets provide?

A: Offering Standard, Professional, and Clearing accounts, ES Markets also includes a demo account for beginners.

Q: What's the initial deposit requirement at ES Markets?

A: To start trading, ES Markets requires a minimum deposit of $500.

Q: Does ES Markets offer learning materials?

A: Educational resources are notably absent at ES Markets, necessitating external resources for trader education.

Q: How transparent is ES Markets with its fees and processes?

A: Transparency issues exist regarding ES Markets' handling of deposits, withdrawals, and fees.

Q: When can traders get support from ES Markets?

A: Customer support from ES Markets is constrained to specific hours, impacting accessibility for traders.

Risk Warning

Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.

Additionally, the review's generation date is a critical consideration, as information may have evolved since then. Readers are strongly advised to verify updated details directly with the company before making any decisions, as the responsibility for utilizing the information herein rests solely with the reader.

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Rangera
more than one year
I put $1720 into ES Markets, but when I tried to take out my money, my account got blocked. It's been frustrating and not what I expected. I'd advise others to be careful with ES Markets. This experience has left me with a negative view, and I hope they fix these issues.
2024-01-11 20:32
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