ETFinance Review 2024 (Expert Review)
ETFinance Review Summary
ETFinance is a regulated online broker that puts its customers' safety first. They use cutting-edge encryption and enhanced cyber-security. They also follow strict regulatory principles. This is the main reason that they are one of the top brokers in the world. They also take additional measures to protect their traders. So, if you are looking for a regulated online broker, you should definitely choose ETFinance. With ETFinance, you can trade a variety of financial instruments. The spreads on the stocks, bonds, and ETFs are very tight, making them suitable for novice traders. While the company charges high fees and sanctions for inactivity, the website remains safe.
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ETFinance Platform Features
๐บ๏ธ Country of regulation | Cyprus Securities and Exchange Commission (CySEC) |
๐ฐ Trading fees | No |
๐ฐ Inactivity fee | No |
๐ฐ Withdrawal fee | No |
๐ฐ Minimum deposit | 215 |
๐ Time to open a ETFinance account | 1-3 Days. *A ETFinance demo account can be opened in a few minutes, but live ETFinance trading account creation times will vary depending on how long it takes to process your ETFinance KYC documents. |
๐ณ Wire Transfer | No |
๐ Depositing with electronic wallet | No |
๐ฑ Number of base currencies supported | 1 |
๐ฎ Demo account provided | Yes |
๐๏ธ Financial Instruments offered | Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds, |
ETFinance review
ETFinance Financial Regulation
ETFinance is regulated by Cyprus Securities and Exchange Commission (CySEC).
ETFinance review
ETFinance Pros And Cons
Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using ETFinance include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using ETFinance can be that the spreads offered on trading financial instruments (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.
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ETFinance Advantages
One of the main advantages of using ETFinance is around the clock service and support as well as research offerings. Not only this, but ETFinance has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of ETFinance with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with ETFinance makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. ETFinance offers stock quotes and trade information, making it easy for users to view how their investments are doing.
- ETFinance offers Stock Trading.
- ETFinance offers Cryptocurrency Trading (Availability subject to regulation).
- ETFinance offers Neteller as a payment method.
- ETFinance offers Skrill as a payment method.
- ETFinanceoffers Islamic Accounts.
- ETFinance offers Bitcoin Trading.
- ETFinance offers a Apple Mac desktop trading platform.
- ETFinance offers Spread Betting.
- ETFinance offers Hedging.
- ETFinance offers Scalping.
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ETFinance Disadvantages
Although ETFinance has a lot of good points ETFinance does not offer the below.
- ETFinance does not offer PayPal as a payment method (See ETFinance alternatives who offer PayPal as a payment method here)
- ETFinance does not offer ECN trading (See ETFinance alternatives who offer ECN trading here)
- ETFinance does not offer the MetaTrader 4 platform (See ETFinance alternatives who offer the MetaTrader 4 platform here)
- ETFinance does not offer the MetaTrader 5 platform (See ETFinance alternatives who offer the MetaTrader 5 platform here)
- ETFinance does not offer the cTrader platform (See ETFinance alternatives who offer the cTrader platform here)
- ETFinance has inactivity fees (See ETFinance alternatives who do not have inactivity fees here)
Risk Warning: Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money..
ETFinance review
Things to understand when trading with ETFinance
Trading with ETFinance involves risk. You should only risk capital with ETFinance that you can afford to lose. Understand your risk tolerance with ETFinance, and have a trading strategy that ETFinance is able to help you execute. ETFinance is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments ETFinance give you access too.
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ETFinance Trading Fees
Trading fees on ETFinance are taken in the form of the spreads ETFinance offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on ETFinance. ETFinance fees vary depending on the financial instruments traded and can include, ETFinance overnight funding fees, spreads, margins and ETFinance inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your ETFinance account charged by your 3rd party payment provider if your ETFinance base currency is different from your ETFinance withdrawal method.
Name | ETFinance | IC Markets | Roboforex |
Account Fees | No | No | No |
Withdrawal Fees | $100/10000JPY | No | Yes |
Deposit Fees | No | ||
Inactivity Fee | No | No | |
riskwarning | Try Now Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money. | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
ETFinance review
ETFinance Financial Instrument Fees
ETFinance fees for Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds, are listed below.
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ETFinance Stock Trading Fees
The majority of ETFinance trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A ETFinance stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.
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ETFinance Forex Fees
Commission on ETFinance Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for ETFinance Forex fees is based on their trade size. To calculate ETFinance Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.
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ETFinance Non Trading Fees
ETFinance non-trading fees include a variety of ETFinance brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the ETFinance trading platform. The most common non-trading fees include ETFinance withdrawal fees, ETFinance deposit fees and ETFinance inactivity fees.
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ETFinance Deposit Fees
ETFinance does charge deposit fees in some cases. When funding your ETFinance account there may be some ETFinance deposit fees which will vary depending on the payment method you use to deposit to your live ETFinance trading account.
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ETFinance Inactivity Fees
ETFinance does charge clients an inactivity fees for dormant ETFinance trading accounts. A ETFinance inactivity fee is a sum charged on ETFinance brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.
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ETFinance Withdrawal Fees
ETFinance does charge ETFinance clients small withdrawal fees. Withdrawals fees vary between ETFinance and ETFinance alternatives depending on where you are located and how much money you are withdrawing.
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ETFinance Account Fees
ETFinance does not charge account fees. Account fees charged differ between ETFinance and other brokers. An account is a fee that ETFinance and other brokers assesses on all accounts for the ability to keep an account on their platform.
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ETFinance Account Opening
The ETFinance account registration process is simple, user-friendly, and quick. Within 1-3 Days most ETFinance trading accounts are ready for live trades. Our ETFinance account was validated in 1 day, but live ETFinance trading account verification times will vary depending on the time it takes to process your KYC documents and ETFinance trading account application. A ETFinance demo account can be opened in a few minutes.
ETFinance trading accounts are available in over 194 countries. ETFinance is restricted in the following countries.
Apart from the restricted countries a ETFinance trading account can be opened globally.
The ETFinance trading platform is available for residents in US. Some financial instruments ETFinance offer may be restricted in your country.
- Fast ETFinance account opening.
- ETFinance accounts can be opened and KYC can be verified digitally.
- ETFinance minimum deposit is 215 USD / GBP / EURO.
- ETFinance trading account verification may be held up for longer than a day if there is an issue with verifying your account.
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ETFinance Deposit And Withdrawal
ETFinance Account Base Currencies
A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.
GBP, USD, EURO are supported by ETFinance as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.
ETFinance offers the following account GBP, USD, EURO.
When trading make sure your ETFinance trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. ETFinance has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.
Name | ETFinance | IC Markets | Roboforex |
Number Of Currencies | Yes | 10 | 4 |
Base Currencies | USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD | USD, EUR, XAU | |
riskwarning | Try Now Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money. | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
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ETFinance Deposit Fees and Deposit Methods
Investors can log in to their ETFinance trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their ETFinance trading accounts from an existing bank account or send the funds through a wire transfer or online check.
ETFinance Deposit Fees
Making a deposit on your ETFinance account is free.
ETFinance Deposit Methods
There are several methods through which you can deposit money into your ETFinance account. One can use a credit or debit card and ETFinance accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your ETFinance account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your ETFinance account. Funding methods for ETFinance include Bank Bank Wire transfer, Electronic wallets (eWallets), Skrill account, Neteller,.
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ETFinance Withdrawal Fees and Withdrawal Methods
You can withdraw cash from your ETFinance brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open ETFinance positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your ETFinance account.
Name | ETFinance | IC Markets | Roboforex |
Funding Methods | Bank Bank Wire transfer, Electronic wallets (eWallets), Skrill account, Neteller, | Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking, | Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer, |
Withdrawal Fee | $100/10000JPY | No | Yes |
Deposit Fee | Varies | No | |
riskwarning | Try Now Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money. | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
ETFinance Fees When Withdrawing Your Account Balance
ETFinance do not charge withdrawal fees. Some withdrawal fees are out of the control of ETFinance and may be due to 3rd party payment providers and your account base currency.
ETFinance Withdrawal Methods
Log into your ETFinance trading account, which is connected to your bank account. Go to the section that says โfundsโ or โaccountsโ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your ETFinance account to your bank account. To withdraw money from your ETFinance account you can use credit or debit cards. ETFinance processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as ETFinance processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.
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ETFinance Trading Platforms
As there are a number of tradable financial instruments available on the ETFinance trading platform. Before investing in the ETFinance platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The ETFinance platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. ETFinance offer livechat, phone, and email support.
If you struggle with technology, you need to consider the level of support on ETFinance is available. Another thing to consider is your financial goals. Make sure that a ETFinance account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.
There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a ETFinance account. Ensure that ETFinance allows you to focus on the type of trading that you want to focus on.
Make sure ETFinance is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using ETFinance, think about how easy it is to use for your personal needs. Does the ETFinance platform offer real-time updates or delayed updates that are more informed? Remember to check if ETFinance is well regulated, and what tradeable financial instruments ETFinance has. Security is very important when it comes to trading with ETFinance.
ETFinance Web Trading Platform
A ETFinance web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through ETFinance which acts as a financial intermediary. ETFinance is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.
Mobile Trading Platform
Both Android and iOS devices are supported by the ETFinance mobile trading platform.
ETFinance Apple IOS Trading Platform
A ETFinance iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.
ETFinance Google Play Android Trading Platform
A ETFinance Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.
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ETFinance Mobile Trading User Experience
ETFinance mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. ETFinance mobile trading refers to trading using a mobile phone.
Leading brokerages like ETFinance offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire ETFinance portfolio. All an investor needs is a Web-enabled smartphone and a trading account with ETFinance. Once you have download the ETFinance trading app, you are ready to begin.
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ETFinance Desktop Computer Trading Platform
A ETFinance computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The ETFinance desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The ETFinance desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.
ETFinance MetaTrader 4
MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.
ETFinance PC Trading Platform
One needs a computer with high performing hardware if their plan is to be a full time trader using ETFinance. A trading computer with access to a ETFinance PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.
ETFinance Apple Mac Trading Platform
Apple Macs and MacBooks can easily handle the most important requirements when using the ETFinance trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the ETFinance trading platform is very user friendly on a Mac device.
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ETFinance Trading Look And Feel
The ETFinance user interface (UI) is what ETFinance traders will see and interact with first when trading with the ETFinance trading platform. The ETFinance is well designed. The goal of the ETFinance trading UI is to make the ETFinance user's experience intuitive. The ETFinance application has good user experience and a good level of customer satisfaction.
ETFinance Security
ETFinance is a secure trading platform. ETFinance offers traders security via 2 factor authentication, SSL encription when trading with ETFinance. ETFinance trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with ETFinance. Rate limitation on ETFinance suspicious account activities is another layer of protection that is provided for ETFinance trading accounts, for example multiple failed login attempts with ETFinance. You have the option to further safeguard your account by using ETFinance Two-Factor Authentication (2FA), which provides an extra layer of security.
The ETFinance trading infrastructure is constantly watched and guarded by a trained team at ETFinance In addition, ETFinance never send sensitive information without first encrypting on the ETFinance trading platform using transport layer security (TLS) and SSL.
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Placing A Buy Or Sell Order On ETFinance
Available ETFinance order types. # market, limit, stop, stop limit, Good until end of day / canceled.
ETFinance Market Order
A ETFinance market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. ETFinance market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. ETFinance market orders are popular as they are a fast and reliable method of either entering or exiting a trade.
ETFinance Limit Order
A ETFinance limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.
ETFinance Stop Order
A ETFinance stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.
ETFinance Stop Limit Order
A ETFinance stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The ETFinance stop-limit order triggers a limit order when a stock price hits the stop level. A ETFinance stop-limit order can be helpful when trading if you are unable to watch your trades all day.
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ETFinance Alerts And Notifications
Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.
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ETFinance Trading Platform Features
Online trading platforms like ETFinance are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with ETFinance. The ETFinance trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using ETFinance.
ETFinance Margin Trading
ETFinance margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, ETFinance margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.
ETFinance Auto Trading
ETFinance auto trading is a trading strategy where buy and sell orders are automatically placed based on an underlying ETFinance system or programme and actioned by set criteria set by the ETFinance trader. These ETFinance orders are placed when the trade conditions in the underlying ETFinance system or program are met. It is a method of participating in financial markets by using ETFinance, which executes a pre-defined set of rules for both entering and exiting trades on ETFinance. If you are a ETFinance trader, you are able to use detailed ETFinance technical analysis with the setting of parameters for ETFinance one's positions. This includes orders to open ETFinance, trailing stops, and guaranteed stops.
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ETFinance Account Types
ETFinance Demo Account
ETFinance offers demo accounts that gives traders the ability to purchase and sell ETFinance financial instruments in a practice environment, using fake ETFinance digital money and live market conditions and data. When you practise on a ETFinance demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the ETFinance platform. ETFinance demo accounts allow you to experience and practice a variety of market charts, ETFinance trading indicators, and trading strategies using ETFinance.
ETFinance Standard Account
ETFinance offers a standard trading account, allowing ETFinance traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich ETFinance trading platform.
ETFinance Islamic Accounts
ETFinance islamic accounts respect Islamic finance law. ETFinance swap free accounts do not accumilate interest and ETFinance transactions are actioned immediately. A ETFinance Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using ETFinance following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with ETFinance Islamic accounts do not pay or receive interest rates.
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ETFinance Tradable Financial Instruments
ETFinance tradable financial instruments are the financial instruments that are specifically available to trade on the ETFinance trading platform. This refers to the different types of financial markets you can trade with through ETFinance. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on ETFinance.
Name | ETFinance | IC Markets | Roboforex |
CFD Trading | Yes | Yes | Yes |
Stock Markets | 1000 | 2100 | 53 |
ETFs | No | ||
Fractional Shares | No | Yes | |
Cryptocurrencies | Yes | Yes | No |
riskwarning | Try Now Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money. | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
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ETFinance Trading Stocks
Stock trading with ETFinance is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with ETFinance; if you possess the stock on ETFinance, you own a piece of the corporation and may be entitled to voting rights where applicable.
Stock trading on ETFinance involves purchasing and selling stocks and share using ETFinance periodically in order to time trades against the stock markets, with the aim of using ETFinance to profit from your stock trading. ETFinance stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on ETFinance. Stock traders on ETFinance conduct significant study, frequently dedicating several hours every day to market monitoring using ETFinance trading tools.
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ETFinance Trading ETFs
What Are ETFs
ETFinance does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.
What Are Fractional Shares
ETFinance does not offer fractional share trading.
Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.
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ETFinance Trading Cryptocurrencies
ETFinance offers cryptocurrency trading.
Cryptocurrency trading can be conducted using ETFinance to buy and sell the cryptocurrency financial instruments on ETFinance. Cryptocurrency trading can also be done using a cryptocurency CFD ETFinance trading account where allowed by financial regulators, to speculate on up or down price movements of a specific crypto asset using ETFinance. A CFD is a high risk leveraged trade between the trader and the ETFinance brokerage. No underlying assets are exchanged with a ETFinance CFD contract, it is purely speculation on the crypto financial instruments price movements with ETFinance. ETFinance CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if ETFinance CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.
The volatility of cryptocurrencies is the biggest source of risk when trading them with ETFinance. They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with ETFinance.
Cryptocurrency trading is not offered by ETFinance, so you will need to find a ETFinance alternative that allows you to buy and sell the underlying cryptocurrency assets. ETFinance CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a ETFinance alternative and make sure you undertand the risks fully before trading.
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ETFinance Forex Trading
Forex trading with ETFinance is a method through which to invest money which involves trading one currency for another in a Forex currency pair with ETFinance. The main aim of ETFinance Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with ETFinance. As a ETFinance Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like ETFinance. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like ETFinance. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on ETFinance.
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ETFinance Commodities Trading
Commodity trading is a type of trading available on ETFinance where individuals or businesses buy and sell financial instruments using ETFinance related to commodities, such as metals or oil.
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ETFinance Options Trading
ETFinance options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. ETFinance option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.
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ETFinance Futures Trading
Futures trading with ETFinance is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using ETFinance to facilitate the trade. A ETFinance futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on ETFinance. Typically, futures contracts are traded on an exchange such as ETFinance; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling ETFinance trader to the contract agrees to provide it.
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ETFinance Bonds Trading
Bonds trading on ETFinance is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the ETFinance trader. Bonds can be bought and sold on ETFinance after they are issued. While some bonds are traded publicly through ETFinance, most trade over-the-counter between large broker-dealers like ETFinance acting on their clients' or their own behalf. Yield is therefore based on the ETFinance purchase price of the bond as well as the coupon.
ETFinance CFD Trading
A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.
Name | ETFinance | IC Markets | Roboforex |
Forex CFD | 50 | 61 | 35 |
Index CFD | 25 | 30 | |
Stock CFD | 258 | 110 | 8400 |
ETF CFD | 30 | 50 | |
Commodity CFD | 20 | 20 | |
Crypto CFD | Yes | Yes | No |
riskwarning | Try Now Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money. | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
ETFinance review
ETFinance Trading Research Tools
Taking advantage of ETFinance trading research tools which are designed to help traders analyse potential investments using the ETFinance trading platform. Some ETFinance research tools include charts, technical analysis, and ETFinance trading indicators.
ETFinance Trading News
Traders can follow the markets and make wise investment decisions on ETFinance by using the news to help form a strategy when it comes to choosing investments. A ETFinance news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.
ETFinance Economic Calendar
An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A ETFinance economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.
ETFinance Fundamental Data On Financial Instruments & Companies
Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. ETFinance fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.
ETFinance Charting
Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on ETFinance are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.
ETFinance portfolios
Trading portfolios are useful when trading with ETFinance.
A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.
A ETFinance trading portfolio is a traders collection of investments, which may include a variety of ETFinance financial instruments.
ETFinance review
ETFinance Payment Methods
A ETFinance payment method is required to fund your ETFinance trading account before placing a buy or sell order on a financial instrument.
When trading with ETFinance, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that ETFinance do not have any control over.
Name | ETFinance | IC Markets | Roboforex |
Payment Methods | Neteller, POLi, Skrill, Visa | BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money | ADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money |
riskwarning | Try Now Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money. | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
ETFinance review
ETFinance Withdrawl Methods
When trading with ETFinance at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your ETFinance account balance. ETFinance may have minimum withdrawal limits that you will need to check before withdrawing.
You may be charged a currency conversion fee by your withdrawal method if you withdraw your ETFinance account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.
ETFinance Withdrawals Times
The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your ETFinance account.
Withdrawal requests can take up to three business days to be processed by ETFinance.
You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.
If you're having a withdrawal transferred to your digital wallet account, your ETFinance should arrive in less than 24 hours.
ETFinance review
ETFinance Customer Support
Customer support represents the resources within the ETFinance company that provides technical assistance to its customers after they use the ETFinance service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.
ETFinance offer email, livechat, phone, customer support.
ETFinance Email Support
ETFinance offers email support.
Email support is a a convenient method of ETFinance customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from ETFinance regarding your support request.
ETFinance Livechat Support
ETFinance offers livechat support.
ETFinance live chat support is a way for customers to obtain help from ETFinance through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.
ETFinance Telephone Support
ETFinance offers telephone support.
ETFinance telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the ETFinance call centre to give or take information.
ETFinance Average Support Response times
Contact Method | Average Response Time |
---|---|
ETFinance Live Chat | 4 minutes |
ETFinance Email | 6 hours |
ETFinance Phone | 5 minutes |
We tested the customer service response times of ETFinance on Monday, December 9, 2024.
ETFinance review
ETFinance Educational Resources
ETFinance educational resources are used throughout the ETFinance learning environment to help and assist with customer's development and learning of trading on ETFinance. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using ETFinance trading tools. Educational resources like some of the resources available with ETFinance are a good as part of a wider set of educational guides and information from else where online.
Some of the ETFinance trading guides and information that we found useful included platform tutorial videos, eBooks, advanced trading courses, webinars.
ETFinance Trading Platform Tutorials
ETFinance offer a range of learning resources and tutorials and guides made available to registered ETFinance users. The ETFinance guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate ETFinance users on basic trading principles.
ETFinance Trading Videos
ETFinance offer a selection of online trading videos.
Trading videos on ETFinance help new and even more experienced investors gain insights into ETFinance technical analysis tools and how the different financial markets work when trading on ETFinance.
ETFinance trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs. Some ETFinance training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using ETFinance to trade live financial markets.
ETFinance Webinars
ETFinance offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of ETFinance clients who participate by asking questions, replying to polls, and using other interactive technologies available on the ETFinance trading platform.
ETFinance review
ETFinance Financial Regulation When Trading
Financial regulations on ETFinance protect consumers' investments. Regulations prevent financial fraud and limit the risks that ETFinance as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. ETFinance financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.
Is ETFinance Regulated?
ETFinance is regulated by Cyprus Securities and Exchange Commission (CySEC).
ETFinance is licensed by financial regulators in certain jurisdictions. You can find out if brokers like ETFinance are licensed in your country, if they have had run-ins with regulators, or received serious complaints from ETFinance investors, directly with financial regulators in your country.
ETFinance Regulatory Protection Limits
When registering with ETFinance you must check with regulatory body your ETFinance trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your ETFinance account is over seen by. ETFinance client funds are stored in segregated 3rd party bank account in accordance with ETFinance financial regulators.
Client country | Investor protection amount | Regulator |
---|---|---|
United Kingdom | ยฃ85,000 | Financial Conduct Authority (FCA) |
EU Investor Compensation Scheme | max โฌ50,000 | Directive of The European Parliament and European Commission |
Other countries | 90% of your funds, max โฌ20,000 | Bulgarian Financial Supervision Commission (FSC) |
ETFinance Trading Signals
ETFinance offers trading signals to ETFinance clients.ETFinance trading signals are triggers to buy or sell a security based on a pre-determined set of criteria. Traders can create trading signals using a plethora of criteria: from simple ones, such as earnings reports and volume surge, to more complex signals that are derived using existing signals. A ETFinance trading signal is an alert to traders to either enter or exit a position. Trading signals are based on specific times and prices and can be identified through technical or fundamental analysis. It is up to the ETFinance trader to then decide whether or not to act on the signal.
Make sure you understand the risks of trading signals.
How does ETFinance make money?
Because ETFinance acts as an intermediary, ETFinance gets compensated on buy and sell transactions of financial instruments. As a result, ETFinance profit is determined by the volume and number of transactions. ETFinance earns revenue to fund their ETFinance platforms and wide range of trading services through market spreads.
Can you buy shares on ETFinance?
ETFinance provides customers with real company shares. Traders can choose from thousands of stock CFDs in addition to shares. You can see the complete list of stocks here. ETFinance offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and ETFinance on the speculative up or down price movement on an agreed stocks price movement.
Does ETFinance offer Cryptocurrency?
ETFinance does offer cryptocurrency trading. Although the Financial Conduct Authority in the UK has banned Crypto CFD trading for UK residents. Its still perfectly legal to buy non leveraged crytocurrencies where you own the underlying crypto assets.
ETFinance Lower fees, lower costs?
ETFinance have reasonable trading fees and costs. ETFinance do not charge a deposit fee. ETFinance may charge a withdrawal fee. Some withdrawal fees are out of the control of ETFinance and may be due to 3rd party payment providers and your account base currency.
What about the minimum deposit?
ETFinance minimum deposit is 215 USD / GBP / EUR.
How to start your ETFinance account?
You can sign up for a live or demo ETFinance trading account by visiting ETFinance and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an ETFinance account here.
How's the ETFinance trading app?
ETFinance allow traders to trade financial markets on iOS, Android supported mobile devices.
You can tryout the ETFinance trading app here. Trading leverage products may not be suitable for all traders. 71% of retail CFD accounts lose money.
Is the quality of ETFinance customer service satisfactory?
ETFinance have average customer support offering support through email, livechat, phone, support options.
Is this broker good for new traders?
ETFinance is a good trading platform for new traders as ETFinance offer a good range of educational resources, good support options as well as a demo account.
How do you withdraw money from ETFinance?
ETFinance offer a good selection of withdrawal options. Once ETFinance have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.
Best ETFinance Alternatives Reviews
If ETFinance isnt quite what you are looking for you can check out some of the best ETFinance alternatives below.
- IC Markets Review (read our in depth 2024 review)
- Roboforex Review (read our in depth 2024 review)
- AvaTrade Review (read our in depth 2024 review)
Best ETFinance Alternatives In Detail
If you would like to see ETFinance compared agains some of the best ETFinance alternatives available right now you can do so by clicking on the links below.
- IC Markets Alternatives (read our in depth 2024 Alternatives for IC Markets)
- Roboforex Alternatives (read our in depth 2024 Alternatives for Roboforex)
- AvaTrade Alternatives (read our in depth 2024 Alternatives for AvaTrade)