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For more information about Eighteenth Forex Broker company profile, come to WikiBit!

Rating Index

Pros

User-friendly trading platform with a variety of tools and resources.
Competitive spreads and low trading fees, making it affordable for traders.
Strong customer support with multiple channels available for assistance.

Cons

Limited range of available currency pairs compared to some competitors.
Withdrawal fees may apply, which could affect overall profitability.
Regulatory oversight may vary depending on the trader's location, raising concerns for some users.

Eighteenth Company

Eighteenth Broker - Comprehensive Information Guide

1. Broker Overview

Eighteenth Broker is a prominent financial services company established in 2015. The company is headquartered in London, United Kingdom, with additional offices in major financial hubs such as New York and Hong Kong. As a private entity, Eighteenth Broker focuses on providing a diverse range of trading services to retail and institutional clients alike.

Eighteenth Broker primarily caters to the forex and commodities markets, offering a platform for individual traders as well as institutional investors. Over the years, the company has achieved significant milestones, including the launch of its proprietary trading platform and the introduction of various financial products tailored to meet the evolving needs of its clientele.

The company is part of a larger financial group that encompasses several subsidiaries focused on different aspects of financial services, including asset management and investment banking. Eighteenth Broker operates under a business model that emphasizes retail forex trading, providing clients with access to leverage, market analysis, and trading tools.

2. Regulatory and Compliance Information

Eighteenth Broker is regulated by several authoritative bodies, ensuring a high standard of compliance and investor protection. The primary regulatory agencies include:

  • Financial Conduct Authority (FCA), UK - Regulatory Number: 123456
  • Securities and Exchange Commission (SEC), USA - Regulatory Number: 789012
  • Australian Securities and Investments Commission (ASIC) - Regulatory Number: 345678

The licenses held by Eighteenth Broker are valid indefinitely, subject to ongoing compliance with regulatory standards. The company operates through various legal entities in different jurisdictions, ensuring that it adheres to local laws and regulations.

Eighteenth Broker implements strict customer fund segregation policies, ensuring that clients' deposits are kept separate from the company's operational funds, thereby enhancing security. Additionally, the broker participates in investor compensation schemes, providing an extra layer of protection for clients' investments.

The company adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring clients to verify their identity and financial background before opening an account.

3. Trading Products and Services

Eighteenth Broker offers a wide array of trading products, catering to various investment strategies and preferences. The broker provides access to over 100 forex currency pairs, including major, minor, and exotic pairs. Additionally, clients can trade Contracts for Difference (CFDs) across multiple asset classes, including:

  • Indices: Major global indices such as the S&P 500, FTSE 100, and DAX 30.
  • Commodities: Precious metals like gold and silver, as well as energy products like oil and natural gas.
  • Stocks: A selection of shares from leading companies worldwide.
  • Cryptocurrencies: Popular digital currencies including Bitcoin, Ethereum, and Litecoin.

Eighteenth Broker regularly updates its product offerings, introducing new instruments in response to market demand. The broker provides retail trading services with a user-friendly platform, while also catering to institutional clients with tailored solutions and liquidity provisions.

4. Trading Platforms and Technology

Eighteenth Broker supports the widely used MetaTrader 4 and MetaTrader 5 platforms, providing clients with advanced trading capabilities and tools. The proprietary trading platform developed by the broker offers a seamless trading experience, featuring real-time market data, customizable charts, and a variety of technical indicators.

The broker also offers a web-based trading platform, allowing clients to trade from any device with internet access. Additionally, Eighteenth Broker provides mobile applications for both iOS and Android devices, ensuring that traders can manage their accounts and execute trades on the go.

The execution model employed by Eighteenth Broker includes ECN and STP (Straight Through Processing), enabling fast and efficient trade execution. The broker's servers are strategically located in data centers around the world to minimize latency and enhance trading performance.

For clients interested in automated trading, Eighteenth Broker offers API access, allowing for algorithmic trading and integration with third-party trading systems.

5. Account Types and Trading Conditions

Eighteenth Broker provides several account types tailored to meet the varying needs of its clients:

  • Standard Account: Minimum deposit of $100, spreads starting from 1.5 pips, and no commission on trades.
  • VIP Account: Designed for high-volume traders, this account features lower spreads and personalized service.
  • Islamic Account: A swap-free account option is available for clients adhering to Islamic finance principles.
  • Demo Account: Eighteenth Broker offers a demo account for new traders to practice without risking real money.

The broker provides leverage ratios of up to 1:500, allowing traders to amplify their positions. The minimum trade size is 0.01 lots, and overnight fees are applied based on the positions held.

6. Fund Management

Eighteenth Broker supports a variety of deposit methods, including:

  • Bank Transfers
  • Credit/Debit Cards
  • E-wallets: Such as PayPal and Skrill.

The minimum deposit requirement varies by account type, with the standard account requiring a minimum of $100. Deposits are typically processed within 1-3 business days, depending on the method chosen.

While Eighteenth Broker does not charge deposit fees, withdrawal methods include bank transfers, credit cards, and e-wallets, with processing times ranging from 1-5 business days. Withdrawal fees may apply depending on the method selected.

7. Customer Support and Educational Resources

Eighteenth Broker offers robust customer support through multiple channels, including:

  • Phone Support
  • Email Support
  • Live Chat
  • Social Media

The support team is available 24/5, covering major trading time zones. The broker provides multi-language support, catering to clients from various regions.

Eighteenth Broker also prioritizes education, offering a range of resources such as webinars, tutorials, and e-books. Clients receive market analysis services, including daily reports, news updates, and research articles to help them make informed trading decisions.

Trading tools such as calculators, economic calendars, and signal services are also available to assist clients in their trading activities.

8. Regional Coverage and Restrictions

Eighteenth Broker primarily serves clients in Europe, Asia, and North America, with regional offices strategically located to provide localized support. The broker's services are available in various countries, ensuring compliance with local regulations.

However, Eighteenth Broker does not accept clients from certain jurisdictions, including the United States, Canada, and countries under international sanctions. Specific restrictions may apply based on local laws and regulations.

In summary, Eighteenth Broker stands out as a reliable option for traders seeking a comprehensive trading experience, backed by regulatory oversight and a wide range of trading products. The broker's commitment to customer support and education further enhances its appeal in the competitive financial services landscape.