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Equiity Forex Broker provides real users with 7 positive reviews, * neutral reviews and 4 exposure review!

Equiity Broker Review

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Equiity Review 11

Latest All(11) Positive(7) Exposure(4)
Exposure
Fraud and Scam Company

I have been scammed and deceived by this company and lost all my savings

FX3022240021
2024-08-24
Exposure
Scammers

BEWARE TO DEAL WITH THIS COMPANY AND THEIR TACTIC, THEY WILL MISLEAD YOUR ACCOUNT TO A LOSS AND PUT ALL THE BLAME ON YOU. YOU WILL NEVER PROFIT ANY THING WITH THEM. I was contacted by an online trader from Equiity.com (MRL Investments), who impersonated the well-known company Equiti.com based in Dubai. He claimed that his company was renowned in Dubai, using cutting-edge technology and offering guaranteed returns. Trusting his assurances, I opened a trading account with them and used their online platform, which initially seemed to work well, showing some profitable trades. Under their insistence and pressure, I invested more, as they promised even greater returns. However, when I attempted to withdraw my money, they persuaded me to keep it in the account to increase trade volume. They instructed me on which positions to open and close, claiming their expertise would yield better results than trading on my own. Unfortunately, my trades began to fail, and my accumulated profits started

FX2943466406
2024-08-09
Exposure
Intimidating induction to pay

They are scammers and manipulators, do not believe in these people, they pose as Bancolombia agents and invest in shares of this bank, they systematically induce you to leave your data. But all they want is for you to leave them your money and even be able to clear your account with fictitious secure online payment pages PSE. I did not want to make the final payment because they treated me well at the beginning of a call I received to the number that I gave them initially. But in the end, since I did not want to agree, that woman who called me started yelling at me and wanted to make me feel guilty by telling me that My family and my children were going to be bad because of me because I was a mediocre person who was not able to get 100 dollars. In the end, she yelled at me and I had to hang up on her because of the daring way she treated me!! Do not trust and report them because these people are scammers and you will not be able to recover your money. And do not forget that they are not regulated.

markelfrank
2024-05-27
Exposure
Scammer

The company falsely claims branches on their website, hindering withdrawals. They provided misguided advice, halted my withdrawal attempts, placed it on pending, and a representative gave misleading guidance. Consequently, I lost the entire $8000.

Ahmed Ali 851
2024-02-15
Positive
Equiity Trading Platform: Beginner-Friendly, Speedy Trades, Excellent Support

I recently started trading with Equiity, and I must say, the platform is fantastic! The intuitive interface and fast trade execution make it easy for both beginners and experienced traders. The customer support is top-notch, always ready to assist. Highly recommended!

Alex8150
2023-12-13
Positive
Equiity: Exceptional Trading Platform with Transparency and Comprehensive Support

Equiity has exceeded my expectations. The range of trading options and the user-friendly platform make it stand out. The absence of hidden fees is a major plus. I've been able to trade confidently with their professional support. Definitely my go-to platform!

Mukul811
2023-12-13
Positive
Refine Trading Strategies Risk-Free with Equiity's Demo Account: $100K Virtual Balance & Diverse Assets

Equiity's demo trading account is perfect for refining strategies. The $100,000 virtual balance allows me to test my approach risk-free. The variety of assets available for trading is impressive. Equiity is a reliable partner for traders.

Akash1623
2023-12-13
Positive
Islamic Trading Made Easy: Equiity's Inclusive Platform Delights Muslim Traders

Equiity's Islamic account is a thoughtful inclusion. As a Muslim trader, I appreciate their commitment to providing a platform that caters to my needs. The account types are flexible, and I've had a positive experience with their services.

Dustin33
2023-12-13

  

Equiity 2025 Review: Everything You Need to Know

  Equiity has emerged as a noteworthy player in the forex and CFD trading landscape, offering a user-friendly platform and a diverse range of trading instruments. However, opinions about the broker vary, with some praising its trading conditions and customer support while others raise concerns about its regulatory status and potential hidden fees.

  Note: It's essential to recognize that Equiity operates through different entities based on geographical regions, which can impact regulatory oversight and user experiences. Our analysis aims to provide a fair and accurate overview of the broker based on available data.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 7
Tools and Resources 6
Customer Service and Support 7
Trading Setup (Experience) 6
Trustworthiness 7
User Experience 8

  We evaluate brokers based on comprehensive research, user feedback, and expert reviews.

  

Broker Overview

  Founded in 2022, Equiity is operated by MRL Investments (MU) Ltd, a financial services provider based in Mauritius. The broker is regulated by the Mauritius Financial Services Commission (FSC), which adds a layer of credibility to its operations. Equiity offers a proprietary web trading platform, allowing access to various asset classes, including forex, commodities, cryptocurrencies, indices, and stocks. However, it does not currently support the popular MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms.

  

Detailed Review

  

Regulatory Regions

  Equiity is primarily regulated by the FSC in Mauritius. While the FSC is not considered as stringent as some other regulatory bodies, it still imposes necessary compliance measures to protect clients, including segregated accounts and regular audits.

  

Deposit/Withdrawal Currency/Cryptocurrency

  Equiity accepts deposits in USD and EUR, with a minimum deposit requirement of $250. The broker does not impose any deposit fees, but withdrawal fees may apply depending on the method chosen. Notably, Equiity does not currently support cryptocurrency deposits or withdrawals.

  

Minimum Deposit

  The minimum deposit to open an account with Equiity is set at $250, which is relatively low compared to many other brokers, making it accessible for new traders.

  

Bonuses/Promotions

  Equiity does not prominently advertise any bonuses or promotions, focusing instead on providing a straightforward trading experience without hidden fees.

  

Tradable Asset Classes

  Traders can access over 300 financial instruments across various categories, including:

  • Forex: A variety of major, minor, and exotic currency pairs.
  • Commodities: Including precious metals like gold and silver, as well as energy commodities.
  • Indices: Such as the S&P 500 and NASDAQ.
  • Stocks: CFDs on major companies like Amazon, Google, and Facebook.
  • Cryptocurrencies: Including Bitcoin and Ethereum.

  

Costs (Spreads, Fees, Commissions)

  Equiity operates on a commission-free model, making money through spreads. The spreads vary based on the account type:

  • Silver Account: Spreads start from 28 pips.
  • Gold Account: Spreads start from 20 pips (50% discount).
  • Platinum Account: Spreads start from 18 pips (75% discount).

  

Leverage

  Equiity offers leverage up to 1:500 for its platinum account, which is higher than many competitors. However, leverage for forex trading is capped at 1:200 for silver and gold accounts, while lower limits apply to other asset classes.

  

Allowed Trading Platforms

  Currently, Equiity offers only its proprietary web-based trading platform, which lacks the advanced features found in MT4 or MT5. However, the platform is user-friendly and accessible from any device with an internet connection.

  

Restricted Regions

  Equiity does not accept clients from several countries, including the USA and Canada, which may limit its accessibility for some traders.

  

Available Customer Service Languages

  Equiity provides customer support in multiple languages, including English, Arabic, and German. Support is available via live chat, email, and phone, with a focus on resolving issues efficiently.

  

Repeated Ratings Overview

Category Rating (out of 10)
Account Conditions 7
Tools and Resources 6
Customer Service and Support 7
Trading Setup (Experience) 6
Trustworthiness 7
User Experience 8

  

Detailed Breakdown

  

Account Conditions

  Equiity offers three types of accounts: Silver, Gold, and Platinum, each with different features and trading conditions. While the minimum deposit is consistent across accounts, the spreads and available services improve with higher-tier accounts.

  

Tools and Resources

  The broker provides essential trading tools, including real-time market data and various charting options. However, educational resources are limited, which may hinder novice traders.

  

Customer Service and Support

  Customer support is generally well-rated, with users reporting responsive service. However, some complaints about delays in response times have been noted.

  

Trading Setup (Experience)

  The proprietary platform is user-friendly, but the lack of a mobile app and advanced trading platforms like MT4 may deter some experienced traders.

  

Trustworthiness

  Equiity is regulated by the FSC, which provides a level of oversight. However, the mixed reviews and some complaints about withdrawal issues may raise concerns for potential clients.

  

User Experience

  Overall, users have reported a positive experience, particularly praising the platform's ease of use and the variety of available trading instruments. However, the lack of a mobile app and advanced features may limit the experience for some traders.

  In conclusion, Equiity presents itself as a solid choice for both novice and experienced traders, offering a range of financial instruments and competitive trading conditions. However, potential users should weigh the benefits against the limitations, particularly regarding educational resources and platform offerings.