Equiti Global Markets Forex Broker

Equiti Global Markets Forex Broker - Complete Information Guide

1. Broker Overview

　　Equiti Global Markets, founded in 2007, is a prominent forex and CFD broker headquartered in the United Kingdom and the United Arab Emirates. The company operates as a private entity under the Equiti Group, which has established itself as a leading provider of online trading services across various financial markets. Equiti Global Markets primarily caters to both retail and institutional clients, offering a wide array of trading instruments and services.

　　Over the years, Equiti has made significant strides in expanding its operations and enhancing its service offerings. Key milestones include obtaining multiple regulatory licenses, which have solidified its reputation as a trustworthy broker. The company's mission is to provide innovative trading solutions that empower clients to navigate the complexities of the financial markets confidently.

　　Equiti Global Markets operates on a multi-entity model, which allows it to provide tailored services to clients in diverse regions, including the Middle East, Europe, and Africa. Its business model is primarily focused on retail forex trading, but it also serves institutional clients through liquidity provision and white-label solutions.

2. Regulatory and Compliance Information

　　Equiti Global Markets is regulated by several key financial authorities, ensuring a high level of oversight and protection for its clients. The main regulatory bodies include:

• Financial Conduct Authority (FCA), UK - License Number: 528328
• Securities and Commodities Authority (SCA), UAE - License Number: 607136
• Dubai Multi Commodities Centre (DMCC) - License Number: 31573
• Jordan Securities Commission (JSC) - License Number: 50248
• Cyprus Securities and Exchange Commission (CySEC) - License Number: 415/22

　　These licenses cover a broad range of services and ensure that Equiti adheres to strict financial regulations, including the segregation of client funds and compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements. Client funds are kept in segregated accounts, separate from the broker's operational funds, enhancing security. Additionally, clients are protected under compensation schemes, such as the Financial Services Compensation Scheme (FSCS) in the UK, which covers up to £85,000 per client in case of insolvency.

3. Trading Products and Services

　　Equiti Global Markets offers a wide range of trading products, making it a versatile choice for traders. The available instruments include:

• Forex: Over 60 currency pairs, including major, minor, and exotic pairs.
• CFDs: Contracts for difference on indices, commodities, stocks, and cryptocurrencies.
• Precious Metals: Trade in gold, silver, and other metals.
• Indices: Access to major global indices, providing opportunities to trade on market movements.

　　Equiti continuously updates its product offerings, ensuring that clients have access to the latest market opportunities. The broker provides both retail trading services for individual traders and institutional services, including liquidity solutions for larger clients.

4. Trading Platforms and Technology

　　Equiti Global Markets supports popular trading platforms, primarily MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are known for their user-friendly interfaces and robust functionality, allowing traders to execute trades efficiently and access advanced analytical tools.

• MetaTrader 4: A widely recognized platform that supports forex and CFD trading, offering a variety of technical indicators and automated trading capabilities through Expert Advisors (EAs).
• MetaTrader 5: An upgraded version of MT4, providing additional features such as enhanced market depth, more timeframes, and a broader selection of trading instruments.

　　Equiti also offers a proprietary web-based platform, Equiti Core, which allows traders to access their accounts without downloading software. This platform is compatible with various devices, including mobile phones, ensuring flexibility for traders on the go. The broker's trading infrastructure is supported by advanced technology and secure servers located in key financial hubs, facilitating rapid order execution.

5. Account Types and Trading Conditions

　　Equiti Global Markets provides several account types to meet the diverse needs of traders:

• 　　Standard Account:

• 　　Minimum Deposit: $0

• 　　Average Spread: 1.4 pips

• 　　Commission: $0

• 　　Premier Account:

• 　　Minimum Deposit: $100

• 　　Average Spread: 0.0 pips

• 　　Commission: $3.50 per lot per side

　　The broker also offers Islamic accounts that comply with Sharia law, ensuring no interest is charged on overnight positions. Traders can benefit from high leverage options, with maximum leverage reaching up to 1:2000, depending on the account type and regulatory jurisdiction.

　　Equiti allows trading in micro lots, with a minimum trading size of 0.01 lots, and provides clear policies on overnight fees for positions held beyond the trading day.

6. Fund Management

　　Equiti Global Markets offers a variety of funding methods to facilitate easy deposits and withdrawals:

• Deposit Methods:
• Credit/Debit Cards
• Bank Wire Transfers
• E-wallets (Neteller, Skrill)
• Local Payment Solutions

　　The minimum deposit requirement varies by account type, with the standard account having no minimum deposit and the premier account requiring a minimum of $100. Deposits are typically processed instantly, while withdrawals may take longer, depending on the method used. For bank transfers, processing times can range from 1 to 5 business days, and a withdrawal fee of $30 applies.

　　Equiti does not charge fees on deposits, but certain payment providers may impose their own charges. The broker maintains a transparent fee structure, ensuring that clients are aware of any applicable costs.

7. Customer Support and Educational Resources

　　Equiti Global Markets provides robust customer support to assist clients across various time zones. Support channels include:

• Live Chat
• Email Support: support@equiti.com
• Phone Support
• Social Media: Available on platforms like Facebook and Twitter

　　The customer service team is multilingual, offering assistance in several languages, including English, Arabic, and Spanish. Support is available 24/6, ensuring that traders can receive help when needed.

　　In addition to customer support, Equiti offers a wealth of educational resources to enhance traders' knowledge and skills. These resources include:

• Webinars
• Trading Guides
• Market Analysis and Research Reports
• E-books and Infographics

　　Equiti's commitment to education helps traders of all levels improve their trading strategies and market understanding.

8. Regional Coverage and Restrictions

　　Equiti Global Markets serves clients in various regions, with a focus on the Middle East, Europe, and Africa. The broker has established regional offices in key locations, including:

• London, UK
• Dubai, UAE
• Amman, Jordan
• Limassol, Cyprus

　　However, certain countries are restricted from opening accounts with Equiti due to regulatory limitations. Notable exclusions include:

• United States
• Belgium
• Canada
• Singapore

　　These restrictions are in place to comply with local regulations and ensure that the broker operates within legal frameworks.

　　In conclusion, Equiti Global Markets is a reputable broker that offers a comprehensive range of trading services and products. With strong regulatory oversight, competitive trading conditions, and a commitment to customer support and education, Equiti Global Markets is well-positioned to cater to the diverse needs of traders worldwide. Whether you are a beginner or an experienced trader, Equiti Global Markets provides the tools and resources necessary for a successful trading experience.