Etihad Trade foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.etihadtrade.com/register, about the company's legal and temporary regulatory information, the company's address .
Etihad Trade, officially known as TL Online Ltd, is a forex brokerage firm that has been operational for approximately 2 to 5 years. The company is headquartered in the United Kingdom, providing a range of trading services primarily focused on forex and CFDs. As a private entity, Etihad Trade caters to a diverse clientele, including retail traders and institutional investors, aiming to facilitate access to various financial markets.
Founded with the mission to offer comprehensive trading solutions, Etihad Trade has made significant strides in the brokerage industry. The firm provides its clients with access to a wide array of trading instruments, including currency pairs, commodities, indices, and cryptocurrencies. One of the key milestones in the company's development was its establishment as a recognized player in the online trading space, leveraging technology to enhance the trading experience for its users.
Etihad Trade operates on a business model that emphasizes retail forex trading, allowing individual traders to engage in the financial markets through its platform. The broker's commitment to providing a user-friendly trading environment is evident in its offerings, which include advanced trading tools and resources designed to support traders in their decision-making processes.
Currently, Etihad Trade operates without a valid regulatory license, which raises concerns about its compliance and operational integrity. The absence of regulatory oversight means that the broker is not subject to the stringent requirements typically enforced by financial authorities. This lack of regulation poses a high potential risk for traders, as there are no guarantees for the safety of client funds or adherence to industry standards.
As per available information, there are no specific regulatory numbers associated with Etihad Trade, and the firm does not participate in any investor compensation schemes. This absence of regulatory protection is a critical factor for potential clients to consider when evaluating the broker's legitimacy.
Moreover, the company has not disclosed any details regarding its Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which are essential for ensuring secure and transparent trading practices. Without these safeguards in place, traders may face increased risks, including the potential for fraud or mismanagement of funds.
In summary, the lack of regulation and transparency surrounding Etihad Trade's operations highlights the importance of conducting thorough due diligence before engaging with this broker.
Etihad Trade offers a diverse range of trading products, primarily focusing on the forex market. The broker provides access to numerous currency pairs, allowing traders to engage in various trading strategies. The specific number of forex pairs available has not been disclosed, but it includes major, minor, and exotic pairs to cater to different trading preferences.
In addition to forex, Etihad Trade offers Contracts for Difference (CFDs) across several asset classes, including:
The broker is committed to updating its product offerings regularly, although specific details about the frequency of updates or the introduction of new products have not been provided.
Etihad Trade primarily serves retail clients, providing trading services designed to meet the needs of individual traders. The firm does not appear to offer institutional services or white-label solutions at this time, focusing instead on enhancing the retail trading experience.
Etihad Trade supports the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are renowned for their user-friendly interfaces and advanced trading capabilities. These platforms provide traders with a comprehensive suite of tools, including technical analysis features, automated trading options, and customizable charts.
The broker does not appear to have developed a proprietary trading platform, relying instead on the established capabilities of MT4 and MT5. Additionally, Etihad Trade offers a web-based trading platform, allowing clients to access their accounts and trade directly from their browsers without the need for software installation.
For mobile trading, Etihad Trade supports applications for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go. This flexibility is essential for modern traders who require access to their accounts at all times.
The execution model employed by Etihad Trade has not been explicitly stated, but it is crucial for traders to understand whether the broker operates as a Market Maker, STP (Straight Through Processing), or ECN (Electronic Communication Network). The broker's server infrastructure and location details remain undisclosed, which may impact trade execution speed and reliability.
Furthermore, there is no information available regarding API access or support for automated trading systems, which are essential features for algorithmic traders.
Etihad Trade offers a standard trading account with conditions that are generally favorable for retail traders. The specific details of the account conditions include:
In addition to standard accounts, if available, Etihad Trade may offer advanced account types such as VIP or professional accounts, though specific details are lacking. There is no mention of special accounts like Islamic accounts or corporate accounts.
The broker does provide a demo account, allowing traders to practice their strategies without risking real money. The leverage offered by Etihad Trade varies depending on the asset class, but specific ratios have not been disclosed.
Traders should also be aware of the minimum trade sizes and overnight fees associated with their trading activities, as these factors can significantly impact trading strategies and costs.
Etihad Trade supports various funding methods for traders to deposit and withdraw funds. These methods typically include:
The minimum deposit requirements may vary depending on the type of account, but specific figures have not been disclosed. The processing times for deposits are generally instant, while withdrawal times may vary based on the method used.
Information regarding deposit fees has not been specified, indicating that traders should verify these details directly with the broker. Similarly, the withdrawal methods and any associated restrictions remain unclear, making it essential for clients to inquire further before committing funds.
Withdrawal processing times can vary, with some methods potentially taking 1-5 business days. The fee structure for withdrawals has not been detailed, which could impact the overall cost of trading with Etihad Trade.
Etihad Trade offers several customer support channels, including:
The service hours and time zone coverage have not been specified, which may affect the availability of support for traders in different regions. The broker's support is expected to be multilingual, although specific languages supported have not been listed.
In terms of educational resources, Etihad Trade provides various materials to assist traders, including webinars, tutorials, and e-books. Market analysis services may also be available, offering daily insights, news updates, and research reports to help traders stay informed.
Additionally, the broker may offer trading tools such as calculators, economic calendars, and signal services to enhance the trading experience.
Etihad Trade primarily serves clients in the United Kingdom and potentially other regions, although specific details about its market coverage have not been provided. The broker's regional offices and their distribution have not been disclosed, limiting insights into its global presence.
Certain countries may be restricted from opening accounts with Etihad Trade, although specific details regarding these restrictions have not been outlined. It is crucial for potential clients to confirm their eligibility and any special limitations that may apply based on their location.
In conclusion, while Etihad Trade offers a variety of trading products and services, the lack of regulatory oversight and transparency raises significant concerns for potential clients. Traders are encouraged to conduct thorough research and consider the risks involved before engaging with this broker.
FX1313101563
United Kingdom
The company Etihad Trade had contacted me before, and I did not invest out of caution, but now I find out that it has actually closed down. I really thank myself for being cautious.
37130
2023-03-07