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Rating Index

Pros

Offers a specialized "trade copier" service that allows traders to automatically copy the strategies of experienced traders.

Focuses on automatic trading solutions, appealing to those interested in algorithmic and copy trading.

Provides access to various financial instruments, including forex, CFDs, commodities, and indices.

Cons

Lacks proper regulatory oversight, raising concerns about trustworthiness and client protection.

Low customer satisfaction ratings indicate significant issues with service quality and platform reliability.

Limited transparency regarding account conditions, costs, and available trading tools, which may deter potential clients.

ETG broker Accounts

ETG Account Type

ETG offers a managed forex account service known as "Trade Copier," which utilizes automated trading software for executing trades. This service is designed for clients looking to invest in the forex market without actively managing their trades. The minimum investment requirement is $500, and the software employs both fundamental and technical analysis to place trades, which are then copied onto clients' accounts. However, specific performance metrics and strategies used by ETG are not extensively detailed on their website.

ETG Broker Account Opening Process

To open an ETG account, follow these steps:

Submit an Application: Begin by filling out an application form with ETG's partner broker, Vantage FX. Indicate that ETG referred you during the application process.
Verification: After submitting your application, you will need to verify your identity. This process typically includes providing personal identification documents.
Funding Your Account: Once verified, you will receive login credentials to fund your account. The minimum investment to activate your account is $500.
Install Trading Software: Contact ETG to arrange for the installation of their trading software on your account, allowing you to start trading.
Monitor Performance: ETG does not publish performance results on their website, so you may need to rely on third-party accounts or user testimonials for performance tracking.