What is Equiti？
Equiti is a trading name of Equiti Global Markets Ltd (Company No. HE 415535), which is authorised and regulated by the CySEC (license number 415/22). It is a provider of bespoke Forex and CFD liquidity focused on adding value to the industry by creating synergies between market participants. Equiti offers a wide range of financial products, including forex, indices, shares, commodities, futures, and ETF CFDs via the leading MetaTrader 4 via the leading MT4 platform.
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 make a conclusion so that you can understand the broker's characteristics at a glance.
Pros & Cons
Equiti Alternative Brokers
There are many alternative brokers to Equiti depending on the specific needs and preferences of the trader. Some popular options include:
AETOS - A global forex and CFD broker providing competitive trading services and advanced trading platforms to traders worldwide.
TigerWit - An innovative trading platform that combines social trading with cutting-edge technology, enabling users to trade various financial markets and follow successful traders' strategies.
LIGHT FX - An innovative online brokerage that prides itself on offering competitive trading conditions, cutting-edge technology, and a user-friendly interface to empower traders of all levels.
Is Equiti Legit？
Equiticurrently regulated by the Cyprus Securities and Exchange Commission (CySEC), which is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities. Also, it has been in operation for several years, and has received positive reviews from many customers.Therefore, Equiti appears to be a reliable and trustworthy broker.
However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.
Market Instruments
Equiti offers a variety of trading instruments across different asset classes, including shares (US Shares, UK Shares, EU Shares), forex, CFDs (indices, commodities and futures) and metals.
Equiti offer US, UK and EU shares, allowing traders to trade shares of various companies listed on major stock exchanges. By trading shares, investors can buy and sell ownership stakes in companies and potentially profit from price movements.
Equiti offers trading in the foreign exchange market, commonly known as forex. Traders can speculate on the relative value of different currencies against each other, with the aim of profiting from exchange rate fluctuations.
Equiti also provides Contracts for Difference (CFDs), which allow traders to speculate on the price movements of various financial instruments without owning the underlying assets. This includes instruments like cash indices, cash commodities and indices futures.
Equiti enables traders to trade precious metals like gold, silver, platinum, and palladium. Trading metals can provide opportunities to hedge against inflation, diversify investment portfolios, or take advantage of market trends.
Commission
Equiti offers a varied commission structure that adapts to different asset classes, making it a flexible choice for traders with diverse portfolios.
For those trading US shares, Equiti provides a significant advantage by charging no commission at all, which is particularly appealing for frequent traders looking to maximize their returns. On the other hand, trading UK shares incurs a modest commission of 0.08%, and for EU shares, the commission doubles to 0.16%. This tiered commission system allows traders to plan their investments strategically based on cost-efficiency, which can be especially beneficial when diversifying across different markets.
Trading Platform
Equiti offers the popular MetaTrader 4 (MT4) trading platform to its clients, providing a comprehensive and user-friendly experience for traders. MT4 is a widely recognized platform known for its advanced features and versatility.
The Equiti trading platform powered by MT4 offers a range of tools and functionalities that cater to the needs of both beginner and experienced traders. It provides access to a wide selection of financial instruments, including forex currency pairs, commodities, indices, and cryptocurrencies, allowing traders to diversify their portfolios.
Additionally, the platform offers a range of order types, including market orders, limit orders, and stop orders. Traders can also easily set up automated trading strategies using the platform's built-in Expert Advisors (EAs). These EAs allow for automated trading based on pre-defined conditions, reducing the need for manual monitoring and execution.
Trading Tools
Equiti offers holiday hours, expiry dates, dividends and finance rates.
Equiti provides holiday hours information, which is crucial for traders as it helps them stay updated on the trading hours during holidays. This feature ensures that traders are aware of any changes in market hours and can plan their trading accordingly.
For traders involved in derivative trading, such as CFDs, Equiti offers information regarding expiry dates. This allows traders to monitor the expiration of their positions and manage their trading strategies effectively.
Equiti provides dividend information for traders who are interested in trading shares. Dividends are periodic payments made by some companies to their shareholders, and they can impact the stock prices. Equiti's dividend tool assists traders in keeping track of upcoming dividend dates and staying informed about potential market movements.
Equiti offers information about finance rates, which is relevant for traders involved in margin trading. Finance rates, also known as overnight interest rates or swaps, are applied to positions held overnight.
Customer Service
Equiti offers 24/6 customer service. Customers can visit their office or get in touch using the information provided below:
Contact form
Tel: +357 25261570
Email: brokeragesupport@equiti.com
Address: Frema Plaza, 2nd Floor, 39 Kolonakiou Avenue, Ayios Athanasios, 4103 Limassol, Cyprus
Note: These pros and cons are subjective and may vary depending on the individual's experience with Equiti's customer service.
Conclusion
In conclusion, Equiti is a trading platform that offers a range of services to its clients. The platform provides access to various financial markets, allowing traders to diversify their portfolios and capitalize on different trading opportunities. With its user-friendly interface and advanced charting tools, Equiti's trading platform, MT4, caters to the needs of both beginner and advanced traders. The company is regulated by CySEC, reputable authority. This regulatory oversight provides an added layer of security and ensures that Equiti operates in a compliant and ethical manner.
However, Eqiti also has some problems. for example, some information such as trading conditions and payment methods are not provided. Therefore, traders should learn more relevant information before the transaction.
Frequently Asked Questions (FAQs)
Is Equiti regulated？
Yes. It is regulated by CySEC.
Does Equiti offer demo accounts？
Yes.
Does Equiti offer the industry leading MT4 & MT5？
Yes. It supports MT4.
Is Equiti a good broker for beginners？
Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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