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Esperio Forex Broker provides real users with 2 positive reviews, 1 neutral reviews and 1 exposure review!

Esperio Broker Review

1.44

WikiFX monitor

Business

Influence C

License

No license

Esperio Review 4

Latest All(4) Positive(2) Neutral(1) Exposure(1)
Exposure
this is number one scam broker and fraud broker

bonus profit not give withdrawal and give number one fraud broker always terms and condition change after that make account after that deposit this broker making fraud for me

CITYONLINESHIMOGA
2023-04-28
Neutral

I give TradersTrust four stars for its overall performance, small slippage, quick order execution, no requotes. However, the only problem is with leverage,1:30 too limited. Honestly, I prefer to use high leverage.

FX1281808564
2023-02-23
Positive

It does not matter that there is no Spanish service, but there is no regulatory license. Security issues are matters of principle and cannot be ignored.

睿泽天下
2022-12-20
Positive

The website speed is not very fast. I tried to see its account type and it took close to a minute to load. And I can't find the minimum deposit amount.

Brook 
2022-12-16

  

Esperio 2025 Review: Everything You Need to Know

  Summary: The overall evaluation of Esperio is mixed, with users reporting both positive and negative experiences. While some traders appreciate the low minimum deposit and the variety of trading instruments, others express concerns regarding withdrawal issues and the lack of regulation. Notably, the broker operates without oversight from major financial authorities.

  Notice: It's important to note that Esperio operates under different entities across regions, which may impact user experience and regulatory compliance. This review aims to provide a fair and accurate assessment based on various sources.

  

Ratings Overview

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

  We rate brokers based on user feedback, expert opinions, and factual data.

  

Broker Overview

  Founded in 2021, Esperio is a brokerage firm that provides access to a variety of financial instruments, including Forex, stocks, indices, and cryptocurrencies. The broker offers trading through popular platforms such as MetaTrader 4 and MetaTrader 5. However, it is noteworthy that Esperio is not regulated by any major financial authority, which raises concerns about its reliability and the safety of client funds.

  

Detailed Analysis

  •   Regulated Geographic Areas: Esperio is registered in Saint Vincent and the Grenadines, a jurisdiction known for minimal regulatory oversight. This lack of regulation is a significant concern for potential traders, as it means that the broker is not subject to the stringent requirements imposed by top-tier financial regulators.

  •   Deposit/Withdrawal Methods: Esperio supports a variety of deposit and withdrawal methods, including credit/debit cards, bank transfers, and cryptocurrencies like Bitcoin and Tether. However, users have reported challenges with the withdrawal process, often citing delays and difficulties in accessing their funds.

  •   Minimum Deposit: The minimum deposit required to open an account with Esperio is relatively low, starting at just $1. This feature is appealing to new traders looking to enter the market without significant financial commitment.

  •   Bonuses/Promotions: Esperio offers various bonuses and promotions, including a welcome bonus. However, many users have expressed skepticism about these offers, as they often come with conditions that make it difficult to withdraw the bonus funds.

  •   Tradable Asset Classes: The broker provides access to a wide range of asset classes, including over 60 Forex pairs, stocks, commodities, and cryptocurrencies. This variety allows traders to diversify their portfolios and explore different trading strategies.

  •   Costs (Spreads, Fees, Commissions): Esperio advertises competitive spreads, starting from 0.1 pips, depending on the account type. However, some users have reported hidden fees and commissions that can significantly impact overall trading costs.

  •   Leverage: Esperio offers high leverage, up to 1:1000, which can amplify both potential gains and losses. While high leverage can be attractive to experienced traders, it also increases the risk of significant losses, particularly for inexperienced traders.

  •   Allowed Trading Platforms: Esperio supports both MetaTrader 4 and MetaTrader 5, which are widely regarded as industry-leading trading platforms. These platforms offer advanced features, including automated trading and a variety of analytical tools.

  •   Restricted Areas: Esperio does not accept clients from certain jurisdictions, including the United States, Canada, and several other countries. This restriction may limit access for some potential traders.

  •   Available Customer Support Languages: Customer support is available in multiple languages, including English and Russian. However, feedback regarding the responsiveness and effectiveness of customer support has been mixed, with some users reporting slow response times.

      

  

Repeated Ratings Overview

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

  

Detailed Breakdown

  •   Account Conditions: Users appreciate the low minimum deposit requirement, which allows newcomers to start trading with minimal risk. However, the lack of a demo account limits the ability to practice trading strategies before committing real funds.

  •   Tools and Resources: The availability of MT4 and MT5 is a significant advantage, providing traders with robust tools for analysis and trade execution. However, some users have noted that the educational resources provided are limited.

  •   Customer Service and Support: While some users praise the support team for their knowledge and helpfulness, others report difficulties in getting timely assistance, particularly regarding withdrawal issues.

  •   Trading Setup: Esperios trading environment is generally user-friendly, but the absence of regulatory oversight creates a sense of unease among traders regarding the safety of their investments.

  •   Trustworthiness: The lack of regulation is a major drawback, leading to concerns about the broker's reliability. Users have reported issues with withdrawals, raising red flags about the broker's trustworthiness.

  •   User Experience: Overall, user experiences vary widely, with some traders reporting satisfaction with their trading outcomes, while others express frustration over withdrawal delays and customer service challenges.

  •   In conclusion, while Esperio offers some attractive features such as low minimum deposits and a variety of trading instruments, the lack of regulation and mixed user experiences raise significant concerns. Prospective traders are advised to conduct thorough research and consider the risks before engaging with this broker.