Rating Index

Pros

Offers a wide range of trading instruments, including over 50 forex pairs and around 260 total instruments.

Low minimum initial deposit requirement of $100, making it accessible for new traders.

Regulated by Bulgaria’s Financial Supervision Commission (FSC) and registered with the UK's FCA, providing a level of security for clients.

Cons

Only one type of trading account is available, which may limit options for more experienced traders.

The maximum leverage of 1:200 is lower compared to some competitors that offer higher leverage ratios.

Lack of educational resources and tools on the website, which may hinder new traders seeking to improve their skills.

Euro Finance broker Accounts

EuroFinance Account Type

EuroFinance offers a single account type that can be traded on three different platforms: EF MetaTrader 5, EFocs, and TWS. This account provides access to over 260 trading instruments, including more than 50 forex pairs, commodities, indices, and shares. The account features include competitive trading conditions with floating spreads starting at 0.8 pips for EUR/USD and a maximum leverage of 1:30. Additionally, EuroFinance does not offer an Islamic (swap-free) account, nor any bonuses or promotions currently.

EuroFinance Broker Account Opening Process

Opening an account with EuroFinance involves the following steps:

Visit the EuroFinance Website: Navigate to the official EuroFinance website to access account registration.
Select Account Type: Choose the standard individual account option available for trading.
Complete Registration Form: Fill out the online registration form with personal information and desired trading details, including leverage and deposit currency.
Submit Documents: Provide necessary identification documents, such as a government-issued photo ID and proof of address.
Initial Deposit: Make a minimum deposit of $100 to activate your trading account. EuroFinance accepts deposits via debit/credit cards and bank wire transfers.
Account Activation: After submitting your application and making the deposit, your account will be activated within 24 hours.

For more information, you can visit the EuroFinance website here.