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Rating Index

Pros

Well-regulated with multiple licenses from top-tier authorities, ensuring a secure trading environment.

Offers a wide range of trading instruments, including forex, commodities, indices, and CFDs, catering to diverse trading strategies.

No minimum deposit requirement for standard accounts, making it accessible for beginner traders.

Cons

High minimum deposit of $20,000 for the premiere account, which may not be suitable for all traders.

Trading conditions can vary significantly based on the entity under which the account is registered, leading to potential confusion.

Customer support is available 24/6, but lacks 24/7 availability, which may be a downside for traders needing assistance outside standard hours.

Equiti Global Markets broker Accounts

Equiti Global Markets Account Type

Equiti Global Markets offers a variety of trading account types to cater to different trading needs and preferences. The available account types include:

Standard Account

Minimum Deposit: $0
Spreads: Average of 1.4 pips
Commission: $0
Ideal For: New to intermediate traders
Platforms Supported: MT4, MT5, and MQ Webtrader
Features: Advanced market analytics, live market news, and instant notifications.

Premier Account

Minimum Deposit: $3,000
Spreads: From 0.0 pips
Commission: $3.5 per lot per side
Ideal For: Advanced and high-volume traders
Platforms Supported: MT4, MT5, and MQ Webtrader
Features: Fast execution, advanced market analytics, live market news, and instant notifications.

Demo Account

Minimum Deposit: $10,000 in virtual funds
Duration: Valid for 90 days
Ideal For: Practicing strategies risk-free before engaging in live trading.

Islamic Account

Available On: Standard and Premier accounts
Features: Swap-free trading to comply with Sharia law.

Equiti Global Markets Broker Account Opening Process

Opening an account with Equiti Global Markets is a straightforward process that involves the following steps:

Set Up Your Account

Visit the Equiti website and navigate to the "Open Account" section.
Fill out the registration form with your contact details.

Verification

After submitting your application, you will receive an email to verify your account.
Upload necessary identification documents, such as a government-issued ID and proof of address.

Fund Your Account

Once your account is verified, log in to your client portal.
Choose your preferred payment method (bank transfer, credit/debit card, or e-wallet).
Enter the desired deposit amount and complete the transaction securely.