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Equiity Review 2024

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Equiity Review 2024

71% of retail investor accounts lose money, …

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Overview

Broker Equiity
Website https://www.equiity.com/
Registered Country Mauritius
Physical Address 7th Floor, Tower 1, NeXTeracom, Cybercity Ebene 72201 Mauritius
Founded In 2023
Regulation FSC
Minimum Deposit Starting from $0.01
Maximum Leverage Up to 1:200
Spreads Variable
Trading Platforms Webtrader
Trading Assets Precious Metals, Equity Indices,CFDs of Commodities and Stock
Demo Account Yes
Islamic Account Yes
Payment methods Bank transfer, credit/debit cards, PayPal, Neteller, Skrill, VPay, and other regional payment options
Customer Support [email protected]/ Monday-Friday: 11:00 to 20:00 GMT

Introduction

The most recent participant in the international Forex and CFD landscape is Equiity. Upon first sight, the broker presents a novel strategy for improving the ease of use and visibility of trading and investment, making them easily accessible to a wide range of people.

Curious about this broker’s background? Alright! Read through to the end of our thorough analytical research from Equiity Review 2024.

In a short period of time, Equiity has established itself as a go-to platform among rookie and seasoned investors due to its user-friendly design, quick trade fulfillment feature, and extensive selection of trading alternatives. Is that, however, the one you’re searching for?

The Equiity broker review for 2024 explores the most recent features of the platform, offers a thorough examination of its pricing schedule, and provides a free fraud analysis. This will help you assess whether it meets your investment and trading needs.

What is Equiity?

It is an advanced Forex and CFD brokerage platform with various underlying assets available for trading. The broker is employed by MRL Investments (MU) LTD, a financial services business headquartered in Mauritius.

Through its cutting-edge trading platforms, the broker gives traders access to a wide range of investment opportunities, including stocks, futures, options, and cryptocurrencies.

The broker also enables traders to execute transactions, analyse market data, and access financial markets. It gives traders the instruments and materials they require to make wise trading choices and benefit from the financial markets.

Equiity Broker: Legitimate Service or Potential Fraud?

Equiity is a regulated broker with license number GB21027168, overseen and monitored by Mauritius’s Financial Services Commission (FSC). It is not a fraud.

Simultaneously, Equiity’s parent company, MRL Investments LTD, is a reputable and fully licensed financial services provider registered under registration number 187076 in Mauritius.

The platform lets customers set up two-factor authentication (2FA) and biometric login for mobile app users in order to guarantee a safe and secure trading experience.

It also separates customer assets from corporate funds, establishing strong mechanisms to guarantee fund protection. Additionally, Investor Compensation Fund (ICF) insurance is included.

Based on the Equiity Review 2024 scam report and overall health score, we determine that it is a reliable and secure broker to trade with. Consequently, we advise trading with it.

Our recommendation: Trading at Equiity Review 2024

  • Ultra-fast Trade Execution
  • Hassle-free & Quick Withdrawals
  • Trader-friendly Trading Conditions
  • 24×5 Customer Assistance
  • Intuitive User Interface
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Advantages and disadvantages of Equiity Review 2024

  • Great web trading platform
  • High-Quality Research Resources
  • Convenient Deposits & Withdrawals
  • Commission-free Trades
  • Islamic Account Option For Muslim Traders
  • No Mobile Trading Platform
  • MT4 Unavailable

What Account Types Does Equiity Offer to Investors

Equiity account review

The broker provides three active retail investor accounts, Silver, Gold and Platinum, to meet various investment needs and objectives. In the meantime, these account kinds are intended to support traders in reaching their financial goals by offering flexibility, security, and dependability.

We have included a simple account comparison table through this Equiity Review 2024 to assist you in selecting the account that best fits your trading preferences and style.

Features Silver Account Gold Account Platinum Account
Minimum Deposit $250 $250 $250
Execution Mode MT4NDD, MT4NCC, MT4 Fixed, MT4 Cent MT4NDD, MT4NCC, MT4 Fixed, MT4 Cent MT4NDD, MT4NCC, MT4 Fixed, MT4 Cent
Base Currency USD, EUR, GBP USD, EUR, GBP USD, EUR, GBP
Average Execution Speed 0.08 0.06 0.08
Spreads Starts From 2.5 Pips 20 Pips (50% Discount) 18 Pips (75% Discount)
Maximum Leverage 1:200 1:200 1:500
News Alert N/A N/A Available
Dedicated Account Manager N/A Available Available
Webinars & Videos N/A Available Available
Islamic Account Available Available Available
Fifth Decimal Yes Yes Yes
Swap Discount None 25% 50%

Equiity Islamic Account

The platform provides Muslim traders with a particular Islamic trading account, which offers all the benefits of live trading accounts and no instantaneous transfer fees.

Equiity Islamic Account Review

Equiity Demo Trading Account

In addition to live trading accounts, the broker provides a free demo trading account that allows traders to practice real-world trading situations and evaluate new methods on a $100,000 virtual account balance.

How Can You Open a Live Trading Account on Equiity?

Live Trading Account of Equiity

The five-step platform registration process takes 40-50 minutes to complete. In most cases, the following account verification and activation processes are finished in 1-2 business days.

The entire, step-by-step procedure for creating a live trading account is as follows:

Step 1: Individual Data/ Personal Information

To create a live trading account, click the ‘Open Account’ icon on the site. Then, enter your personal details into the application form.

This contains your entire name, birthdate, address, phone number, email address, and other pertinent information. During the account setup procedure, you may be required to generate a special username and password to access your account.

Step 2: Section of the Questionnaire

Following submitting your personal data, you will usually be asked to answer questions about your background in trading, level of understanding, and financial objectives.

The broker will use this information to evaluate your fitness for trading and determine the amount of risk you can manage.

Step 3: Verification of Documents

After completing the questionnaire, you will be required to submit various documents to confirm your identity and address.

This usually consists of your name and address on a utility bill or bank statement and a form of identification issued by the government, such as a passport or driver’s license. A tax return or proof of income are two further documents that some brokers can need.

Step 4: Make a deposit

Once your documentation has been checked, you can add money to your account. The different payment methods can be used for this.

Equity Log In

You can use your email address and password to log into Equiity after creating an account on the website.

Equiity login page

 

Our recommendation: Trading at Equiity Review 2024

  • Ultra-fast Trade Execution
  • Hassle-free & Quick Withdrawals
  • Trader-friendly Trading Conditions
  • 24×5 Customer Assistance
  • Intuitive User Interface
download (1)
Recommended Broker

Assets Available for Trading on the Equiity Platform

Assets Available on Equiity Plateform

Our Equiity Review 2024 investigation showed that the broker’s product offerings comply with international industry norms. It offers trading across all major financial markets on more than 300 underlying assets.

Commodities

  • BRNT-Future contract
  • CL-Future contract
  • NGAS-Future contract
  • COCOA-Future contract
  • COFFE-Future contract
  • SUG11-Future contract

Forex

  • EUR/USD
  • GBP/USD
  • AUD/USD
  • EUR/GBP
  • USD/CAD
  • USD/JPY

Indices

  • Nasdaq100 Index Future
  • E-MINI S&P500 Index Future
  • E-MINI DOW Index Future
  • DAX 30 Index Future
  • FTSE 100 Index Future
  • CAC 40 Index Future

Stocks

  • AMAZON
  • APPLE
  • TESLA
  • FACEBOOK
  • MSFT
  • GOOGLE

Metals

  • XAU/USD
  • XAG/USD
  • COPP-Future Contract
  • PALAD-Future contract
  • PLAT-Future contract

Cryptocurrencies

  • BTC/USD
  • ETH/USD
  • XRP/USD
  • ADA/USD
  • LTC/USD
  • BNB/USDT

Deposit and Withdrawal Conditions on Equiity in 2024

Users must be aware of the unique conditions associated with the various payment methods available on the site for both deposits and withdrawals.

Deposit Conditions

Minimum Deposit: The Equiity minimum deposit requirement is $250 for the majority of payment methods; however, there can be some variations depending on the location and payment method.

Available Payment Methods: Bank transfers, credit/debit cards, PayPal, Neteller, Skrill, VPay, and other local payment alternatives are just a few of the ways that deposits can be made. for more similar deposit options , you can check out TradeEU and  Capitalix .

Deposit costs: Most payment methods do not charge a deposit; however, conversion costs might be incurred if deposits are made in currencies other than the user’s base currency.

Withdrawal Conditions

Available Payment Methods: In addition to bank transfers, credit/debit cards, PayPal, Neteller, Skrill, VPay, and other local payment alternatives, the broker offers a number of withdrawal payment methods.

Deposit costs: If a withdrawal is made in a currency other than the account currency, conversion costs can apply. Otherwise, there are no fees associated with withdrawals.

Fees, Commissions, and Spreads on Equiity

The best aspect of dealing with this broker is the commission-free trading conditions offered. For extended roles, traders must pay spreads and SWAPs.

The spread fees vary according to the kind of account. Please refer to the complete Equiity fee structure below for specific spread charges.

Instruments Silver Gold Platinum
EUR/USD 28 20 18
GBP/USD 28 20 18
USD/JPY 28 20 18
AUD/USD 28 20 18
USD/CHF 28 20 18
USD/CAD 28 20 18
NZD/USD 28 20 18
EUR/GBP 28 20 18
Silver 80 70 60
Crude Oil 80 70 60
Dax 250 200 200

Maximum Leverage

Leverage is one aspect of this broker that many traders find interesting because it enables them to build larger positions with a lesser initial deposit.

It’s crucial to remember that the broker’s maximum leverage offers vary depending on your account type and the product being traded.

Instruments Silver Gold Platinum
Forex 1:200 1:200 1:500
Metals 1:50 1:50 1:125
Indices 1:50 1:50 1:125
Commodities 1:50 1:50 1:125
Stocks 1:10 1:10 1:10
Cryptocurrencies 1:2 1:2 1:2

How do the Trading Platforms on Equiity Differ and Which Is Best for You?

Equiity trading platform

Webtrader is a platform that provides a number of features to assist traders in managing their trading positions.

In addition, the platform’s user interface boasts a sleek and contemporary design, complete with customizable watchlists and charts that let users monitor their preferred financial instruments and evaluate their performance in real-time.

Overall, as can be seen from our Equiity Review 2024, the platform’s layout is user-friendly even for newbies while offering sophisticated features and resources for seasoned traders.

Company Details

Assets

  • Forex
  • Commodities
  • Cryptocurrencies
  • Stocks
  • Indices
  • Metals

Basics

  • Country: Mauritius
  • License:  187076
  • Regulation: FSC

Customer Service

Phone number: Arab Emirates:97145429107,

Switzerland: 41265087335,

Bahrain: 97365002018,

Qatar: 97365003724,

Saudi Arabia: 966115112679,

Kuwait :96522063872,

Oman: 97365003715

Email: [email protected].

Physical Address: 7th Floor, Tower 1, NeXTeracom, Cybercity Ebene 72201 Mauritius

 

Our recommendation: Trading at Equiity Review 2024

  • Ultra-fast Trade Execution
  • Hassle-free & Quick Withdrawals
  • Trader-friendly Trading Conditions
  • 24×5 Customer Assistance
  • Intuitive User Interface
download (1)
Recommended Broker

Mobile Application

Apart from this trading application i.e WebTrader, many brokers have their own mobile application that makes trading easy for the people. Equity does not have the mobile application function available as of now. Nevertheless, the broker already announced that it will be launching a mobile app soon to make trading easy for newbies and for the experienced person as well.

Customer Support

Equiity costumer support page

In order to ask questions or get help, clients can contact 24*5 on phone as well as email services on the given numbers and email id.

Phone number: Arab Emirates:97145429107,

Switzerland: 41265087335,

Bahrain: 97365002018,

Qatar: 97365003724,

Saudi Arabia: 966115112679,

Kuwait :96522063872,

Oman: 97365003715

Email: [email protected].

Conclusion

Established in 2023 and having its headquarters in Mauritius, Equiity positions itself as an innovative participant in the Forex and CFD brokerage market. The broker provides various features and services targeted to the requirements of both newbies and experienced traders, although not subject to regulation.

Equiity seeks to offer flexible trading circumstances with a minimum deposit of as little as $0.01 and leverage up to 1:200. Potential users should understand the risks involved, particularly in light of the absence of regulations. Our Equiity Review 2024 advises investors to tread cautiously and do extensive study before investing, even though the platform offers interesting features.

Disclaimer

At Trending Brokers, our aim is to provide you with diverse perspectives, unbiased assessments, and in-depth scrutiny. We maintain our commitment to precision through stringent data validation and consultations with industry mavens. It’s important to acknowledge that, though infrequent, minor fluctuations may occasionally manifest. Rest assured, our resolve to deliver impartial evaluations, thorough analysis, and well-informed viewpoints remains steadfast.

We feel compelled to offer some guidance on the subject of investing in financial instruments, commodities, and assorted assets, which inherently entail a significant degree of risk. There exists the potential for a complete loss of your invested capital. We strongly advise engaging in such ventures only if you possess a comprehensive understanding of the associated hazards. Please bear in mind that Trending Brokers refrains from providing investment advice or any semblance of financial counsel.

Your financial security is of paramount importance to us, and we emphatically advocate for the exercise of due diligence and the pursuit of professional guidance when making investment decisions.

Equiity is not subject to regulation. However, MRL Investments LTD, its parent business, holds a license to offer financial services in Mauritius.

The minimum deposit starts from $0.01, but for most payment methods, the minimum deposit requirement is $250.

Equiity provides the Webtrader trading platform.

Equiity offers three types of retail investor accounts: Silver, Gold, and Platinum.

Experiences