ESMOND Forex Broker

ESMOND Review SummaryFounded2023Registered Country/RegionAustraliaRegulationRegulatedMarket InstrumentsForex, Metals, Energy, Indices, Virtual CurrenciesDemo AccountAvailableLeverageUp to 1:100Spreadfrom 0.7 pips to 1.2 pipsTrading PlatformMT4 (MetaTrader 4)Customer SupportEmail:support@esmondmarkets.comESMOND Information Esmond was established in Australia in 2023 and offers a wide range of tradable assets, including Forex, metals, energy, indices and virtual currencies. Besides, it uses the user-friendly MT4 trading platform.Pros and ConsProsConsRegulated by Australian AuthorityLimited Payment OptionsDiverse Tradable AssetsUser-Friendly MT4 Trading PlatformResponsive Customer Support via EmailIs ESMOND Legit? ESMOND is regulated by the Commonwealth Regulatory Authority of Australia( license number: 001307462).Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberASICESMOND INTERNATIONAL MARKET PTY LTDAppointed Representative(AR)001307462What Can I Trade on ESMOND? ESMOND offers traders the opportunity to have access to Foreign exchange, Precious metals, Energy, Stock Indices, and Virtual Currency.Tradable InstrumentsSupportedForeign exchange✔Precious metals✔Energy✔Stock Indices✔Virtual Currency✔Binary Options❌Mutual Funds❌Futures❌Account Types Esmondoffers a Standard Account. Standard accounts engage with leverage up to 1:100 and a spread of between 0.7 and 1.2 points. A commission of $11 per 100,000 coins (1 lot) is charged. Traders can practice using a demo account.AspectStandard accountLeverageup to 1:100SpreadRanging from 0.7 pips to 1.2 pipsCommission$11 per 100,000 currencies (1 lot)Demo AccountYesLeverage Esmond offers leverage of up to 100 times for major currency pairs.Asset ClassMaximum LeverageMajor Currency Pairs100:1Precious Metals100:1Energy Futures100:1Stock Indices2:1Virtual Currency Futures20:1ESMOND Fees Esmond offers spreads for major currency pairs ranging from 0.7 pips in EUR/USD to 0.8 pips in USD/JPY, GBP/USD and AUD/USD. The spread between the US dollar and the Canadian dollar was slightly wider at 1.1 basis pips. Esmond charges a flat transaction fee of $11 per 100,000 coins (1 lot). This fee includes tax.Currency PairBid (Selling Price)Ask (Purchase Price)SpreadTransaction Fee (Per 100,000 Currencies)EUR/USD1.091581.091650.7 pips$11USD/JPY144.439144.4490.8 pips$11GBP/USD1.270351.270430.8 pips$11AUD/USD0.666460.666540.8 pips$11USDCAD1.324231.324341.1 pips$11Trading Platform MT4 trading software is a popular one chosen by Esmond to serve clients .Trading PlatformSupportedAvailable DevicesSuitable forMT4✔Windows, MAC, IOS, AndroidInvestors of all experience levelsDeposit and Withdrawal Payment fees: Domestic bank transfer: Esmond does not charge any domestic bank transfer fees. Cryptocurrency remittances: Esmond charges a 3% fee on USDT deposits. Payment processing time: Domestic bank transfers: 15 minutes to 3 1/2 hours Cryptocurrency Remittances (USDT) : immediately Customer's designated financial institution: Withdrawals to customer's designated financial institution usually take 3 business days to process and are free of charge. Cryptocurrency remittance (USDT) : within 15 minutes The withdrawal method is the same as the deposit method.