Equiti Forex Broker

Equiti Information

　　Equiti, a trading name of Equiti Brokerage (Seychelles) Limited is a company incorporated with limited liability under the laws of the Republic of Seychelles, under registration number 8428558-1, with its registered address at First Floor, Marina House, Eden Island, Republic of Seychelles. The broker presents itself as a global provider of bespoke Forex and CFD liquidity for professional and ECP clients. It claims to provide its clients with the industry-standard MT4 and MT5 trading platforms.

Pros and Cons

Regulatory Status

　　Strong business ethics and regulatory compliance are at the core of everything.

　　Equiti is licensed & regulated by Cyprus Securities and Exchange Commission (CySEC) - Cyprus, Equiti Global Markets Ltd License No. 415/22;

　　Offshore regulated by the Financial Conduct Authority (FCA) – UK, Equiti Capital UK Limited License FRN. 528328;

　　And it holds a suspicious clone license from the Financial Services Authority (FSA) – Seychelles, Equiti Brokerage (Seychelles) Ltd License No. SD 064.

Market Instruments

　　Equiti advertises that it is a forex & CFD Liquidity provider that offers some tradable products such as Forex pairs, Shares, Commodities, Indices, ETFs and Cryptocurrencies.

Account Type

　　Equiti offers two distinct trading account options, Standard and Premier.

　　The Standard Account is ideal for new to intermediate traders. It offers a high leverage of up to 1:2000 and average spreads of 1.4 pips. There is no minimum deposit requirement, making it accessible for beginners or those looking to test the platform with minimal financial commitment. This account also boasts $0 commission on trades, supports trading via MT4, MT5, and MQ WebTrader platforms, and is compatible across mobile, desktop, and tablet devices. Traders can benefit from advanced market analytics, live market news, and instant notifications.

　　The Premier Account, on the other hand, is tailored for advanced and high volume traders. It provides the same high leverage of up to 1:2000 but with tighter spreads starting from 0.0 pips. This account requires a minimum deposit of $100 and charges a commission of $3.5 per lot per side. Like the Standard Account, it supports MT4, MT5, and MQ WebTrader platforms and is fully compatible with mobile, desktop, and tablet devices. Premier account holders also enjoy advanced market analytics, live updates on market news, and instant notifications.

Demo Account

　　Equiti offers a free demo trading account that allows traders to practice strategies using simulated funds on the MT5 platform. Traders can open up to three demo accounts, each valid for 90 days, and reset their virtual balance to $10,000 anytime via the Client Portal.

　　Demo accounts expire after 90 days of inactivity. To transition from a demo to a live trading account, users need to register for a live account on the Equiti Portal, verify their email, and make an initial deposit. This setup enables both new and experienced traders to test trading strategies risk-free before engaging in live markets.

Leverage

　　Equiti offers a leverage of up to 1:2000 for both the Standard and the Premier account, which is quite high.

Trading Platform

　　Equiti provides traders the trading platform including MT4 and MT5. Traders can trade CFDs in forex, shares, indices, commodities and ETFs on MT4. All markets are available on MT5.

　　Both MT4 and MT5 always coincide with the NY close, which means during ‘daylight savings’, it will operate on GMT+3, and in Winter on GMT+2, unless a specific closure has been announced on ‘market holiday hours’. Traders can explore MT5 cost-free by opening a demo account.

Deposit & Withdrawal

　　Traders can deposit and withdraw funds into Equiti trading account with credit cards, eWallets, bank transfers, local solutions and crypto wallets. Equiti claims that all clients' money is safely held in segregated bank accounts under FSA rules and will never be used by any other means.