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EDF Trading Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!

EDF Trading Broker Review

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EDF Trading Review 1

Latest All(1) Exposure(1)
Exposure
Unable to withdraw

after Deposited money,we do all task but to withdraw,we withdraw but didn't recieve the payment up till now, since 2 weeks now,please stay away

AJAO TOOSIN
2021-12-10

  

Edf Trading 2025 Review: Everything You Need to Know

  Edf Trading, established in the United Kingdom in 1999, operates in the wholesale energy markets, offering a diverse portfolio that includes wholesale power, natural gas, oil, liquefied petroleum gas (LPG), environmental products, liquefied natural gas (LNG), and coal. Despite its long-standing presence, the broker operates without regulatory oversight, which raises concerns about investor protection and transparency. This review delves into the key features, user experiences, and expert opinions regarding Edf Trading.

  Note: It is crucial to highlight that Edf Trading operates as an unregulated entity, which can significantly impact the trading experience. Users should exercise caution and perform thorough due diligence before engaging with this broker.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service and Support 7
Trading Setup (Experience) 6
Trustworthiness 3
User Experience 5

  We assign ratings based on user feedback, expert insights, and factual data gathered from various sources.

  

Broker Overview

  Founded in 1999, Edf Trading is primarily focused on the wholesale energy markets, providing a user-friendly web platform for trading. The broker offers a standard account type with a minimum deposit requirement of $200 and leverage options up to 1:100. However, it lacks a demo account, which may deter new traders from familiarizing themselves with the platform. Edf Trading does not have a recognized regulatory authority overseeing its operations, which is a significant red flag for potential investors.

  

Detailed Review

  

Regulatory Regions

  Edf Trading operates without regulation, which is a critical factor for traders. The absence of oversight can lead to concerns regarding the safety of funds and the overall credibility of the broker. Users are advised to be cautious and aware of the risks involved when trading with unregulated entities.

  

Deposit/Withdrawal Options

  Edf Trading supports various deposit methods, including major credit cards, bank transfers, and e-wallets. The minimum deposit to open an account is $200, which is relatively accessible for many traders. However, the lack of information regarding withdrawal times and fees may pose an inconvenience for users.

  

Bonuses/Promotions

  Currently, there is no information available regarding any bonuses or promotions offered by Edf Trading. This absence could be a drawback for traders looking for additional incentives to engage with the platform.

  

Tradable Asset Classes

  Edf Trading specializes in trading a diverse range of energy-related assets, including wholesale power, natural gas, oil, LPG, environmental products, LNG, and coal. This focus on energy trading allows users to capitalize on price fluctuations in essential commodities, but it may limit opportunities for those interested in trading other asset classes such as stocks or cryptocurrencies.

  

Costs (Spreads, Fees, Commissions)

  Edf Trading offers competitive spreads starting from 0.0 pips for electricity trading. However, users should be aware of potential commissions that may apply to various instruments, which can vary based on the asset being traded. The overall cost structure appears favorable, but the absence of a demo account may hinder users from evaluating the cost-effectiveness of their trading strategies.

  

Leverage

  The broker allows leverage of up to 1:100, which can amplify trading positions. While leverage can enhance potential profits, it also increases the risk of significant losses. Traders should approach leverage with caution and ensure they understand the associated risks.

  

Allowed Trading Platforms

  Edf Trading provides a proprietary web platform that is user-friendly and accessible from any device with an internet connection. While the platform offers essential trading features, it lacks the advanced capabilities found in popular trading platforms like MT4 or MT5, which may be a limitation for experienced traders.

  

Restricted Regions

  There is limited information regarding any specific regions where Edf Trading may be restricted. However, given its unregulated status, traders from various jurisdictions should verify local laws and regulations before engaging with the broker.

  

Available Customer Support Languages

  Edf Trading offers customer support in multiple languages, with 24/7 availability through various channels, including live chat, email, and phone. This level of support can be beneficial for traders needing assistance at any time.

  

Ratings Recap

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service and Support 7
Trading Setup (Experience) 6
Trustworthiness 3
User Experience 5

  

Detailed Breakdown

  •   Account Conditions (5/10):

      Edf Trading's account conditions are relatively standard, with a minimum deposit of $200. However, the absence of a demo account is a significant drawback for new traders looking to practice before committing real funds.

  •   Tools and Resources (6/10):

      While the platform offers essential tools for trading, it lacks the advanced features found in more established trading platforms. Traders may find the resources available insufficient for comprehensive market analysis.

  •   Customer Service and Support (7/10):

      Edf Trading provides 24/7 customer support, which is a positive aspect. However, the effectiveness of the support may vary based on user experiences, and the unregulated nature of the broker may lead to concerns about accountability.

  •   Trading Setup (Experience) (6/10):

      The trading experience on Edf Trading's platform is user-friendly, but the lack of advanced features may limit the experience for more seasoned traders. The focus on energy trading may also deter those interested in diversifying their portfolios.

  •   Trustworthiness (3/10):

      The lack of regulatory oversight is a significant concern for potential traders. Users should be cautious and conduct thorough research before engaging with Edf Trading, as the unregulated status poses risks regarding fund safety and transparency.

  •   User Experience (5/10):

      User experiences with Edf Trading are mixed, with some appreciating the platform's ease of use, while others express concerns about the lack of regulatory oversight and the absence of a demo account.

  •   In conclusion, Edf Trading offers a specialized focus on energy trading with a user-friendly platform, competitive spreads, and 24/7 customer support. However, the unregulated nature of the broker, the absence of a demo account, and the limited asset classes available may deter potential traders. As always, prospective users should weigh the pros and cons carefully and consider their trading needs before making a decision.

EDF Trading review