Earn Forex Broker

AspectInformation Company NameTop Markets Solutions Ltd Registered Country/AreaCyprus Founded Year2011 Regulationregulated Minimum Deposit$/€100 Maximum LeverageUp to 1:100 SpreadsFrom 0.2 pips Trading PlatformsEarn. Broker, MT4, MT5 Tradable AssetsStocks, Bonds, Funds, Futures, Options, Forex, CFDs, Indices Account TypesMT5 Sharp ECN, MT4 NDD, MT4 Standard Demo AccountAvailiable Customer SupportPhone, Email, Online Chat, Social Media Deposit & WithdrawalNeteller, WIRE transfer, unlimit, SkrillEarn Information Earn was founded in 2011. It is part of Top Markets Solutions Ltd. From Cyprus, it is regulated by CYSEC and holds a Market Making (MM) type licence. As an online trader, Earn provides traders with 100 million + tradable assets and supports the use of three trading platforms. The minimum deposit requirement for traders is $/€100, which is applicable to most traders.Pros and Cons ProsCons 1 million + tradable assets Well-regulated 3 trading platforms availableIs Earn Legit? Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense Number CYSECTop Markets Solutions LtdMarket Making (MM)158/11What Can I Trade on Earn? Earn has a wealth of investment opportunities. You can access 15,000 US stocks and ETFs, as well as famous European and Asian stocks. There is also a wide selection of 80,000 bonds, including Sovereign, Corporate and Municipal variants from around the world. In addition, there are over 2,000 ETFs to choose from, as well as numerous European UCITS. It also provides access to major futures exchanges, enabling you to trade various instrument rates including indices, commodities and interest. There is also a huge pool of options on over 900,000 US stocks to choose from. Tradable InstrumentsSupported Stocks✔ Bonds✔ Funds✔ Futures✔ Options✔ Forex✔ CFDs✔ Indices✔ ETF❌Account Types This broker offers three account types: MT5 Sharp ECN, MT4 NDD, MT4 Standard. The minimum deposit requirement for all accounts is USD 100 / EUR. The spreads all start at 0.0 pips, reducing certain transaction costs. Retail leverage of up to 1:30 and professional leverage of up to 1:100 are also available, amplifying the opportunity to trade size. The commission on the MT5 Sharp ECN account is slightly higher than the other two accounts, reflecting the cost of the more advanced platform. Account TypesMT5 Sharp ECNMT4 NDDMT4 Standard Trading PlatformsMT5MT4MT4 Base CurrencyUSD, EURUSD, EURUSD, EUR Negative Balance ProtectionYesYesYes Lowest Spread0.0 pips0.0 pips0.0 pips Hedging AllowedYesYesYes Retail Leverageup to 1:30up to 1:30up to 1:30 Professional Leverageup to 1:100up to 1:100up to 1:100 Commission(Forex, CFD on Metals, Indexes,Commodities, Crypto)0.008%0.007%0.007% Commission(CFD on Stocks, ETF)0.1%0.1%0,1% Min. deposit$/€100$/€100$/€100Earn Fees When trading with Earn, you will encounter a variety of associated fees. These fees are determined by the type of account you hold. The floating spread for all three accounts offered is 0.2 pips. The commission for Forex, CFD on Metals, Indexes, Commodities and Crypto is different: 0.008% for MT5 Sharp ECN, 0.007% for MT4 NDD and MT4 Standard. The commission for CFDS on Stocks and ETFs on all three accounts is 0.1%. Commission free allocated to each trading account type are stated below: Account TypeSTANDARDSILVERGOLDPlatinumEXCIUSIVE Minimum Deposit€0€10,000€10,000€100,000€100,000 US Stocks and ETFsMinimum Order2 EUR + 0.08 EUR/Share2 EUR + 0.06 EUR/Share2 USD + 0.05 USD/Share2 USD + 0.04 per share2 USD + 0.02 per share US Stocks and ETFsMinimum per trade5 EUR5 EUR5 USD5 USD5 USD OTC - traded stocks, bonds, and ETFs Fees0.5%1.2%0.3%0.2%0.15% Safekeeping Fees0.25% p.a.0.25% p.a.0.25% p.a.0.25% p.a.0.25% p.a. Margin Rate (per day)0.0657534%0.0602739%0.0547945%0.049315%0.0438356%Trading Platform Trading PlatformSupportedAvailable DevicesSuitable for Earn. Broker✔Web, MobileBeginner MT4✔Web, Desktop, MobileBeginner MT5✔Web, Desktop, MobileExperienced traderDeposit and Withdrawal Deposit OptionsFeesProcessing Time nuveiTransfer fee 3.5%- Neteller4% fee (min 1 USD)Instant WIRE transferAccording to senders bank fees schedule2-3 days unlimitInward transaction fee for Visa and Mastercard 2.4%- SkrillFees not applicableInstant Withdrawal OptionsWithdrawal limitFeesProcessing Time nuvei1000 USD/EUR per dayFees not applicable1 up to 7 days Neteller-2%1-2 business days WIRE transfer-For SEPA EUR payments afee of 1 EUR, plus abeneficiary bank commissionapply.For Non-SEPA payments(international wire transfers) a fee of $5 is applicable.Intermediary bank fees (ifapplicable) will be deducted from the amount.2-10 business days unlimitMinimum withdrawable amount: €5Fees not applicable- Skrill-1%1-2 business daysCustomer Service Traders can get dedicated 24/5 support from Earn's customer service team. In addition, phone, email and physical address, traders are welcome to contact the consultation. Contact OptionsDetails Phone+357 22 314160 Emailsupport@earn.eu Online Chat24/5 Website LanguageEnglish, Polish, Greek, Roman, Italian, Portuguese Physical Address88 Archiepiskopou Makariou III Avenue, 1077 Nicosia-CyprusThe Bottom Line Earn has several distinct advantages, namely a user-friendly trading platform and a well-regulated environment. But traders should also be aware of some minor drawbacks, such as the processing time for withdrawals. Traders can evaluate whether to choose the broker on demand.FAQs Does Earn support the MT4/5 platform? Yes, it supports the use of MT4 and MT5 platforms. There is also Earn's own platform, Earn.Broker. Is Earn safe? Yes, Earn is safe. Licensed by CySEC, license number 158/11. Is Earn good for beginners? Yes, Earn is suitable for beginners. It offers the MT4 platform, low deposit requirements and is well regulated.