Errante Forex Broker

Registered Country/Region Cyprus Regulation CYSEC Minimum Deposit $50 Maximum Leverage 1:30 Minimum Spreads From 0.0 pips Trading Platform MT5 trading platform Demo Account Yes Trading Assets Forex, Shares, Metals, Indices and Energy & Commodities Payment Methods Bank Wire Transfer, Debit/Credit Cards and e-wallets. Customer Support Phone, Email, Online Chat General Information& Regulation Errante is an online broker, authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) under license number 383/20, registration number HE394425 and with registered office at 30 Karpenisiou, 1077 Nicosia, Cyprus. Errante is governed by the Markets of Financial Instruments Directive (MiFID II) of the European Union. Market Instruments Errante offers investors a range of financial instruments including Forex, Shares, Metals, Indices and Energy & Commodities. Account Types There are four kinds of account types for investors to choose from at Errante, namely Standard (minimum deposit of $50), Premium(minimum deposit of $1,000), VIP(minimum deposit of $5,000) and Tailor Mode (minimum deposit of $15,000). Leverage When it comes to trading leverage, the maximum leverage for those accounts is up to 30:1. Spreads & Commissions The spreads from average for Standard, Premium, VIP and Tailor Mode are 1.8 pips, 1 pip, 0.6 pips and 0.0 pips respectively. None of the four account types charges any commission. Trading Platform Errante provides clients with access to the worlds financial markets via the MetaTrader 5 (MT5) platform which is used by millions of traders around the globe. The available versions include Mac, Windows, Android and iOS. Deposit & Withdrawal Payment methods include bank wire transfer, debit/credit cards and e-wallets. The minimum deposit amount is 50 EUR/USD. The minimum withdrawal amount is 20 EUR/USD (100 EUR/USD for bank wire transfer). Errante does not charge any deposit fees and does not accept 3rd party deposits. All withdrawals are processed during working hours: Monday to Friday, 9:00-18:00 GMT+2. Customer Support Clients can go to the FAQ section to address what confuses them during their trading process, and if they need staff services, Errante can be reached 5/24 through the following contact channels: Telephone: +357 25 253300 Email: info@errante.eu Online Chat Comany Address: 67 Spyrou Kyprianou, 4042 Limassol, Cyprus Education & Trading Tools Aside from the MT5 trading platform, you can also find some educational resources and trading tools available on the Errante platform, which include Educational Videos, Webinars, Market Analysis, Economic Calendar, Errante Calculators. Trading Hours The trading times at Errante depend on the specific market. For example, the Forex market is open Monday to Friday, 00:00-24:00 GMT +3. The Shares market is open Monday to Friday, 16:30-23:00 GMT +3. Accepted Countries Errante does not provide our services to residents of certain jurisdictions such as the USA, Syria, Japan, North Korea, Iraq, Belgium, Canada, and United Arab Emirates (UAE). Pros & Cons Pros Cons Diversified range of trading instruments Conservative leverage Low initial deposit requirement High minimum deposit requirements for advanced accounts MT5 trading platform Not accepting traders from some countries Onlien support available Free VPS Rich educational material Three types of trading accounts to chooose from Scalping allowed Frequently Asked Questions How long does it take to open a live account ？ The registration procedure takes less than 5 minutes. Please allow up to 24 hours for your account to be verified and activated. What trading account types does Errante offer？ Errante provides three types of trading accounts: Premimum VIP Tailor Made What is the minimum deposit and withdrawal ？ The minimum deposit is 50 USD or EUR. The minimum withdrawal amount depends on the method used. Does Errante offer Islamic swap-free accounts ？ Errante offers swap-free accounts for religious purposes only. However, fees may be applied once trades on certain instruments are open for a spefic number of days. What spreads does Errante offer？ Errante offers spreads that can be as low as 0 pips. What leverage does Errante offer ？ The leverage offered is up to 1:30.