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Eternity forex broker provides various trading information, with an average trading speed of 0ms, a trading cost of null, an average slippage of , a liquidation rate of %, a spread cost of 0.00, etc

Rating Index

Pros

Potentially competitive trading conditions for experienced traders.
Access to various trading products including forex, indices, and commodities.
User-friendly platform that may appeal to beginner traders.

Cons

Not regulated by any government authority, leading to concerns about safety and security of funds.
Numerous complaints from clients regarding withdrawal issues and lack of support.
Poor overall rating and reputation, indicating dissatisfaction among users.

Eternity Broker Trade

Eternity Trade: A Comprehensive Review of the Forex Broker

In the fast-paced world of forex trading, choosing the right broker can significantly impact a trader's success. Eternity Trade has emerged as a noteworthy player in the forex market, offering a variety of trading services tailored to both novice and experienced traders. This article will explore the essential aspects of Eternity Trade, including its market position, trading conditions, and safety measures.

We aim to answer the following three core questions:

  1. What are the trading conditions and offerings provided by Eternity Trade?
  2. How does the trading platform perform in terms of features and execution?
  3. What are the advantages and disadvantages of trading with Eternity Trade?

Broker Overview and Trading Conditions

Eternity Trade has established itself as a reputable forex broker, providing a range of trading services to clients worldwide. Below is a summary of the key information regarding the broker:

Established Regulatory Authority Headquarters Minimum Deposit Leverage Average Spread
2003 BAPPEBTI (Indonesia) Jakarta, Indonesia $200 1:100 1.5 pips

Eternity Trade's trading conditions are competitive, particularly when compared to industry standards. The minimum deposit requirement of $200 is accessible for many traders, while the leverage of 1:100 allows for substantial trading potential. The average spread of 1.5 pips for major currency pairs is relatively attractive, making it a competitive choice for traders seeking low transaction costs.

Trading Platform and Product Analysis

Eternity Trade utilizes the widely recognized MetaTrader 4 (MT4) trading platform, which is favored by many traders for its user-friendly interface and robust functionality. MT4 supports various trading tools, including technical indicators, automated trading through Expert Advisors (EAs), and customizable charting options.

The following table outlines the available currency pairs and their characteristics:

Currency Pair Category Number of Pairs Minimum Spread Trading Hours Commission Structure
Major Pairs 30 1.5 pips 24/5 $0.75 per lot
Minor Pairs 20 2.0 pips 24/5 $1.00 per lot
Exotic Pairs 10 3.0 pips 24/5 $1.50 per lot

In terms of execution speed, Eternity Trade has shown commendable performance, with minimal slippage reported during high volatility periods. The platform's infrastructure supports fast order execution, enhancing the trading experience.

Advantages, Disadvantages, and Safety Assessment

Advantages:

  1. Regulatory Oversight: Eternity Trade is regulated by BAPPEBTI, ensuring compliance with local trading standards and providing a level of security to traders.
  2. Low Minimum Deposit: With a minimum deposit of only $200, it is accessible for many traders, especially beginners.
  3. User-Friendly Platform: The MT4 platform is well-regarded for its ease of use and extensive features, making it suitable for traders of all levels.

Disadvantages:

  1. Limited Product Range: Eternity Trade primarily focuses on forex trading and does not offer a diverse range of financial instruments, such as stocks or cryptocurrencies.
  2. Higher Spreads on Exotic Pairs: While the spreads for major pairs are competitive, exotic pairs come with wider spreads, which may deter some traders.

Safety Measures:

Eternity Trade employs several safety measures to protect client funds, including segregated accounts to ensure that client deposits are kept separate from company funds. Additionally, the broker provides educational resources and market analysis to help traders make informed decisions.

Customer satisfaction ratings indicate a positive experience for many users, with an average score of 4.5 out of 5 based on user reviews. This reflects a strong reputation in the industry.

Practical Strategy and Summary Recommendations

For traders looking to maximize their experience with Eternity Trade, a simple yet effective strategy involves utilizing technical analysis with the MT4 platform. Traders can focus on major currency pairs, applying moving averages to identify trends and potential entry points.

In summary, Eternity Trade stands out as a reliable forex broker with competitive trading conditions and a user-friendly platform. It is particularly well-suited for beginner to intermediate traders seeking a regulated environment to start their trading journey.

FAQ Section

  1. Is Eternity Trade regulated?
  • Yes, Eternity Trade is regulated by BAPPEBTI in Indonesia, providing a level of security for traders.
  1. What is the minimum deposit required to start trading?
  • The minimum deposit to open an account with Eternity Trade is $200.
  1. What trading platform does Eternity Trade use?
  • Eternity Trade utilizes the MetaTrader 4 (MT4) platform, which is popular among traders for its features and functionality.

Risk Warning

Trading in the forex market involves substantial risk and may not be suitable for all investors. It is essential to understand the risks involved and seek independent advice if necessary.

Eternity trade