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EterWealth Forex broker specializes in providing foreign exchange trading services, the company's official website https://trader.eterw..., the company's legitimate regulatory information AustraliaASICAppointed Representative(AR), AustraliaASICAppointed Representative(AR) to enhance the security of the company's address Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines

EterWealth Forex Broker

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
Eterwealth Limited
Abbreviation
EterWealth
Company employee
--
Customer Service Email Address
support@eterwealth.com
Contact Number
+66021147206
Company Website
Company address
Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines
Keywords
2-5 years
Regulated in Australia
Appointed Representative(AR)
MT5 Full License
Regional Brokers
Australia Appointed Representative(AR) Revoked
Medium potential risk

Company profile

EterWealth Review SummaryFounded2021Registered Country/RegionSaint Vincent and the GrenadinesRegulationASICMarket InstrumentsForex, metals, energy, indices, cryptosDemo Account✅LeverageUp to 1:1000SpreadFrom 1.5 pips (Standard account)Trading PlatformMT5Minimum Deposit$20Customer SupportTel: 02-114-7206Email: SUPPORT@ETERWEALTH.COMSocial media: Line Official, Facebook, Instagram, m.meRegional RestrictionsAustralia, Belgium, France, Iran, North Korea, Japan and the United States clients are not allowedEterWealth Information EterWealth is a regulated broker, offering trading on forex, metals, energy, indices and cryptos with leverage up to 1:1000 and spread from 1.5 pips on MT5 trading platform The minimum deposit requirement is $20.Pros and ConsPros Cons Demo accountsCommission fees chargedMT5 platformLow minimum deposit requirementIs EterWealth Legit? EterWealth is licensed by ASIC to offer services. The broker also provides segregated accounts and negative balance protection.Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.Australia Securities & Investment Commission (ASIC)RegulatedETERWEALTH (AUS) PTY LIMITEDAppointed Representative (AR)001308328What Can I Trade on EterWealth? EterWealth offers trading on forex, metals, energy, indices and cryptos.Tradable Instruments Supported Forex✔Metals ✔Energy ✔Indices ✔Cryptos✔Commodities❌Stocks❌Bonds❌Options❌ETFs❌Account Type Here are four account types EterWealth offers:Account TypeMinimum DepositStandrad $20Raw $20Gold $1,000Elite $10,000Leverage EterWealth offers maximum leverage at 1:1000. The use of leverage can both work in your favour and against you. Leverage magnifies the returns from favorable movements in a currency's exchange rate.EterWealth Fees Spreads & Commissions EterWealth charges swap fees for overnight positions and commission fees for certain account types.Account TypeSpreadCommissionStandrad From 1.5 pips✔Raw From 0.6 pips✔Gold From 0.0 pips✔Elite From 1.5 pips❌ Non-Trading Fees The broker charges rollover transaction fees. Overnight financial fees are charged when the New York market closes, which is 00:00 platform time.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT5✔PC, Android, tabletExperienced tradersMT4❌/BeginnersDeposit and Withdrawal EterWealth accepts payments via QR code (deposit) and all Thai banks (withdrawal). Deposit Options Deposit OptionMinimum DepositDeposit FeeDeposit Time QR Code$200Instant Withdrawal Options Withdrawal OptionMinimum Withdrawal Withdrawal FeeWithdrawal Time All Thai banks$200Instant

Rating Index

Elite

Minimum Deposit
$10,000

Gold

Minimum Deposit
$1,000
How to login to EterWealth?
Eterwealth Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Eterwealth Account Registering for an Eterwealth account is the first step towards accessing their trading services. Follow these detailed steps to complete

  

Eterwealth Forex Broker - Complete Information Guide

  

1. Broker Overview

  Eterwealth, officially known as Eter Wealth Limited, was established in 2021. The broker operates from its headquarters located at Euro House, Richmond Hill Road, Kingstown, VC 0100, Saint Vincent and the Grenadines. Eterwealth is a private company that primarily serves retail clients interested in trading various financial instruments.

  Since its inception, Eterwealth has aimed to provide a reliable trading environment, although it has faced scrutiny regarding its regulatory status. The company claims to offer a wide range of services, including forex trading, commodities, and cryptocurrencies, catering to a diverse clientele across multiple markets.

  Throughout its development, Eterwealth has made several notable milestones, including the launch of its trading platform based on MetaTrader 5 (MT5), which is recognized for its advanced trading functionalities. The broker positions itself in the retail forex trading sector, focusing on providing a user-friendly trading experience.

  Despite its promising start, Eterwealth's reputation has been marred by concerns over its regulatory compliance and transparency. As a result, potential clients are advised to conduct thorough research before engaging with this broker.

  

2. Regulatory and Compliance Information

  Eterwealth operates without the necessary regulatory oversight from major financial authorities. The broker claims to hold a license from the National Futures Association (NFA) in the United States; however, this license is unauthorized. According to various sources, including the NFA's official register, Eterwealth is not listed as a regulated entity, raising significant red flags about its legitimacy.

  The broker also presents a registration with the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA), but this jurisdiction is known for its lack of stringent regulatory standards for forex brokers. The SVG FSA does not license forex and binary options brokers, making this registration largely ineffective in protecting clients.

  

Key Regulatory Details:

  • NFA License: Unauthorized
  • SVG FSA Registration: SVG FSA #26560
  • KYC and AML Compliance: Not explicitly mentioned in the available resources

  Eterwealth does not guarantee the segregation of client funds or participation in any investor compensation schemes. This lack of regulatory oversight means that clients' funds may not be protected, and potential investors are advised to exercise extreme caution when considering this broker.

  

3. Trading Products and Services

  Eterwealth offers a variety of trading products, including:

  • Forex: The broker provides access to over 26 currency pairs, including major pairs such as EUR/USD, GBP/USD, and USD/JPY.
  • CFDs: Eterwealth facilitates trading in various Contract for Difference (CFD) products, including:
  • Indices: 6 major stock indices
  • Commodities: Including gold and silver
  • Cryptocurrencies: Offers trading in popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC)

  The broker claims to continuously update and expand its product offerings, though specific details on new additions are not readily available. Eterwealth aims to cater to both retail and institutional clients, providing a range of services tailored to different trading styles.

  

4. Trading Platforms and Technology

  Eterwealth utilizes the MetaTrader 5 (MT5) trading platform, which is widely regarded as one of the best trading platforms available today. The platform is accessible on both desktop and mobile devices, offering traders advanced charting tools, technical analysis capabilities, and automated trading options.

  

Platform Features:

  • MT5 Support: Yes, available for both PC and mobile
  • Execution Modes: Claims to offer various execution modes, though specifics are not detailed
  • Server Location: The trading servers are reportedly located in the United States, aiming to provide fast execution speeds.

  Eterwealth does not appear to offer a proprietary trading platform or additional API access for automated trading, which may limit options for advanced traders seeking customized solutions.

  

5. Account Types and Trading Conditions

  Eterwealth provides several account types, although detailed information is sparse. The available account types include:

  • Classic Account: Designed for standard trading with low spreads.
  • VIP Account: Offers lower spreads compared to the classic account.
  • Standard Account: Claims to have the lowest spreads but may include commission fees.

  

Key Trading Conditions:

  • Minimum Deposit: $20, which is automatically converted to Thai Baht.
  • Leverage: Up to 1:1000, which is significantly higher than what regulated brokers typically offer.
  • Minimum Trade Size: Not specifically mentioned, but likely starts from 0.01 lots.

  Eterwealth claims to provide competitive spreads, starting from 1.3 pips for major currency pairs, but does not disclose comprehensive information on commissions or overnight fees.

  

6. Fund Management

  Eterwealth supports limited deposit and withdrawal methods, which may raise concerns for potential clients. Currently, the broker only accepts:

  • Deposit Methods: Bank wire transfers and a mobile banking app.
  • Minimum Deposit Requirement: $20 for all account types.
  • Deposit Processing Time: Typically takes 2 to 5 business days.
  • Withdrawal Methods: Limited to bank wire transfers, with a minimum withdrawal fee of $25.

  The withdrawal processing time also takes between 2 to 5 business days, which is slower than many competitors. The lack of multiple payment methods and the high withdrawal fees may deter potential clients from engaging with Eterwealth.

  

7. Customer Support and Educational Resources

  Eterwealth offers customer support primarily through email, available 24/7. However, the absence of live chat or phone support may be a drawback for traders seeking immediate assistance. The broker's support is limited to English and Thai, which may not cater to a broader audience.

  

Educational Resources:

  • Eterwealth does not provide extensive educational resources, such as webinars or tutorials, which are essential for traders looking to enhance their skills.
  • Market analysis services are not explicitly mentioned, indicating a potential gap in support for traders seeking insights.

  

8. Regional Coverage and Restrictions

  Eterwealth primarily targets clients in Saint Vincent and the Grenadines and potentially other regions, but it does not provide specific details on its market coverage. The broker does not accept clients from certain jurisdictions, including the United States, due to its unregulated status.

  

Notable Exclusions:

  • Prohibited Countries: Eterwealth does not accept clients from the United States due to its unauthorized NFA license.
  • Regional Offices: The broker's operations seem to be concentrated in Saint Vincent and the Grenadines, with no clear indication of regional offices elsewhere.

  In conclusion, while Eterwealth presents a range of trading products and services, potential clients should be cautious due to the broker's lack of regulatory oversight and transparency. It is crucial to conduct thorough research and consider alternative brokers with established reputations and regulatory compliance before engaging with Eterwealth.

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Latest Reviews

FX4345313252

FX4345313252

Thailand

Bonuses can be withdrawn without deception. Money will be deposited within 1 day.

Positive

2024-12-10

Darry

Darry

Morocco

EterWealth, man, they're on top of their game! Their regulation is top-notch, giving me peace of mind when I trade. And their market instruments? They've got a wide range to choose from, so I can diversify my portfolio and find the best opportunities. All in all, EterWealth is a solid choice for anyone looking to trade with confidence.

Positive

2024-07-08

sand8226

sand8226

Thailand

I withdrew money on 2024-05-23 07:23:48, now it's 10:09:23 and the money still hasn't arrived.

Exposure

2024-05-23

EterWealth Forex Broker has an overall rating of 5.20, Regulatory Index 3.51, License Index 3.51, Business Index 6.47, Software Index 7.94 Risk Control Index 8.90.
EterWealth