EEL Financial Services Ltd Forex Broker

Company NameEEL Financial Services LtdRegistered Country/AreaSaint LuciaRegistration year2024-03-20RegulationUnregulatedMarket InstrumentsForex, Stocks, Commodities, Cryptocurrencies, and Precious MetalsSpreadSpreads as low as 0LeverageUp to 1:500Trading PlatformMT5Demo AccountAvailableDeposit & Withdrawal$100Customer SupportEmail:eelfx536@gmail.comPhone:+971 4 354 2425(24/5)ToolsIntroducing Broker, Economic Calendar, Pip CalculatorEEL Financial Services Ltd Information EEL Financial Services Ltd is an online transaction service provider, that mainly provides users with 5 trading market instruments, including forex, stocks, commodities, cryptocurrencies, and precious metals. Traders can trade through MT5. In addition, EEL Financial Services Ltd provides 24/7 customer support (except phone).Pros and ConsPros Cons 24/7 Customer Support（No Phone）UnregulatedSpreads as low as 0Demo account unavailableCommission free(only Forex）5 types of trading assetsIs EEL Financial Services Ltd Legit? EEL Financial Services Ltd is not regulated to date.What Can I Trade on EEL Financial Services Ltd? Traders can achieve diversified portfolio investments through EEL Financial Services Ltd, which provides traders with 5 trading markets including stocks, commodities, cryptocurrencies, foreign exchange, and precious metals, with more than 300 trading varieties.Tradable Instruments Supported Forex✔Commodities✔Stocks✔Cryptocurrencies✔Precious Metals✔Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type Traders can open Classic, Standard, and Max accounts at EEL Financial Services Ltd. Traders can trade foreign exchange without commissions and enjoy swap-free trading with a Max account.Account Type ClassicStandardMaxMin Deposit$100$500$2000Trading PlatformMT-5MT-5MT-5CurrencyUSDUSDUSDLeveragefrom 1:10 to 1:500from 1:10 to 1:500from 1:10 to 1:200Commission$0 FX,$6 Metals and CFD's Commission$0 FX,$6 Metals and CFD's Commission$0 FX,$4.5 Metals and CFD's CommissionMin SpreadNot mentioned1.5pipsRAW SpreadSwapSwap ApplicableSwap ApplicableSwap-FreeTrading VolumeMinimum 0.01 per lotMinimum 0.01 per lotMinimum 0.01 per lotEEL Financial Services Ltd Fees In EEL Financial Services Ltd, the lowest spread for a Standard account starts from 1.5, and the Max is RAW Spread. Forex is commission-free, while the commission for Metals and CFD is $6, except for the Max account the commission for Metals and CFD is $4.5. The Max account swap is free.Leverage The trading leverage range of EEL Financial Services Ltd is1:10 to 1:500. The higher the leverage, the greater the risk.Trading Platform EEL Financial Services Ltd provides a proprietary platform. Traders can choose to conduct online transactions here or on MT5. Trading Platforms can be downloaded from the App Store, Google Play, and Windows.Trading PlatformSupported Available Devices EEL Financial Services Ltd✔WebMT5✔WebDeposit and Withdrawal EEL Financial Services Ltd requires deposits, the minimum deposit is $100. The payment methods include MasterCard, WebMoney, Cryptocurrency, etc.Customer Support Options EEL Financial Services Ltd offers 24/5 telephone and email customer support.Contact Options DetailsPhone +971 4 354 2425(24/5)Email eelfx536@gmail.comSupport Ticket System ❌Online Chat ❌Social Media ❌Supported Language EnglishWebsite Language EnglishPhysical Address 210,Al Nasr Plaza-comm, oudMetha, U.A.EThe Bottom Line EEL Financial Services Ltd fee information, such as spreads and commissions, is relatively clear, and related transaction fees can be calculated. However, the platform is not regulated, so security is relatively low. The leverage of EEL Financial Services Ltd's financial products is as high as 1:500, which means the risk is relatively high.FAQs Is EEL Financial Services Ltd safe? No, because of unregulated status. What account types is EEL Financial Services Ltd? EEL Financial Services Ltd offers 3 types of accounts, including Classic, Standard, and Max. What fees does EEL Financial Services Ltd have? EEL Financial Services Ltd claims that the spread is as low as 0, but the information seen is that the standard account spread starts at 1.5, and the Max is RAW spread. In terms of commission, forex products are commission-free, while other products are $4.5 or $6.Risk Warning Any transaction is based on the estimated price difference to make profits, which will lead to certain risks, please be careful!