Eginets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://cabinet.eginets.com/register, about the company's legal and temporary regulatory information, the company's address .
Eginets Forex Broker
Basic information
Vanuatu
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Note: Eginets' official website: https://www.eginets.com is currently inaccessible normal.
EginetsReview SummaryEginets is a Belize registered STP forex broker that offers investors three trading accounts with a low minimum deposit requirement ($50), which seems to be superior to most dealers. Eginets focuses on Muslim markets, such as Malaysia and Indonesia, and is currently an unregulated brokerage firm.
Pros and Cons
| Pros | Cons |
| Various trading assets | Inaccessible website |
| Multiple account types | Not regulated |
| Popular trading platform MT4 | Limited payment options |
| Low minimum deposit | Limited contact channel |
Is Eginets Legit?
Eginets claims it is registered in Belize and regulated by the local IFSC. However, there is no information about it on the website. It means it is not supervised by any financial authorities. Traders should be cautious.
What Can I Trade on Eginets?
| Tradable Instruments | Supported |
| Forex currency pairs | ✔ |
| CFDs | ✔ |
| Precious metals | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Eginets offers three account types: FUN, PRO and ZERO. Demo accounts are not mentioned.
| Account Type | MinDeposit |
| Fun | $50 |
| Pro | $100 |
| Zero | $1 000 |
Leverage
Trading leverage varies depending on the trading account type.
| Account Type | Leverage |
| Fun | 1:400 |
| Pro | 1:200 |
| Zero | 1:100 |
Note that the higher the leverage, the returns and losses are more.
Spread and Commission
The spreads and commissions of Eginets also depends on the account type.
| Account Type | Spread | Commission |
| Fun | From 1.6 pips | ❌ |
| Pro | From 1.1 pips | ❌ |
| Zero | From 0.6 pips | $7 per lot |
Trading Platform
Eginets offers investors the market-leading MT4 trading platform, which has proven itself over the years and is sought after by countless traders. MT4 is perfect for Forex traders because of its powerful charting features, many custom indicators (and other tools), and various automated trading systems or trading programs called EAs.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | IOS, Android | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Finally, Eginets supports traders to deposit and withdraw funds from their investment accounts via wire transfer, credit card, PayPal, etc. The payment options offered by Eginets are limited but at least include the popular e-wallet payments.