Equithy Review – Is Equithy Scam or Legit? (Complete equithy.com Review)
Equithy Review
Overview
| Corporate Headquarters | 111 Worship St, London, EC2A 3NQ |
| Year of Establishment | 2012 |
| Available Leverage | Leverage of up to 1:500 |
| Minimum Deposit Requirement | $250 |
| Trading Platforms | Webtrader for desktop and mobile |
| Available Trading Instruments | Forex, Crypto, Stocks, Commodities, Indices |
| Provision of Demo Account | Yes |
| Supported Base Currencies | USD, EUR & GBP |
| Customer Assistance | 24 / 5 |
| Number of Active Clients | 60,000 plus |
| Cryptocurrency Offerings | Over 50 pairs |
| Official Website | https://equithy.com/ |
| Support Number | +442037691590 |
Pros & Cons
| Pros | Cons |
| Supports numerous base currencies | not available for traders in the US |
| The process to create an account is simple | there is no support for MT4 or MT5 |
| Presents a wide array of financial instruments | N/A |
| Allows access to different tradable markets | N/A |
| Zero deposit fees | N/A |
Intro
Equithy is a safe way to go for trading in the financial market. Brokers link you up with the trading industry. To search brokers, a quick Google search will yield plenty of names to consider. The numbers have expanded exponentially in recent years, owing to a surge in the public interest.
This is a benefit because greater competition implies you have more choices, but it also entails you having to invest additional time researching. I come with Equithy review, which covers the key features that you should look for in a broker.
When searching for a broker, you must put in the effort to filter through the options in order to discover the broker that can provide you with all you require for your trading journey. Brokers play an important part. Therefore, you must keep in mind that key aspects and techniques are required in order to make use of these opportunities. Without these resources the chances to get succeed are thin.
It is the brokers’ responsibility to offer you what you require, therefore this is one option you can not make first without understanding what you are involving yourself in. You won’t be able to get the results you want if the broker misses the mark in any area.
Equithy separates from the rest of its competitors, how? Let’s see this in detail in the subsequent part of the review.
Asset Offering
Equithy allows you to trade a wide selection of instruments, enabling you to learn low-risk trading and start building a varied trading portfolio right away. You can trade a wide range of assets with this broker. Forex, crypto, indices, commodities, and stocks are examples of these assets. You can easily choose from a wide range of instruments to carry out the transaction that is most suitable for you. It also allows you to undertake market research on a variety of trading assets before engaging in them.
Furthermore, if you invest in a diversified portfolio of goods, you will have more financing options than if you simply had exposure to a few commodities through a broker. Traders can participate in low-risk trading by getting access to a number of assets. If you invest a significant sum of money in a particular asset, you will lose more money if the market price falls than if you put smaller amounts of money in a range of assets.
Equithy Trading Platform
There are a few interesting details about this broker’s trading platforms that are worth discussing. Equithy offers a customer-friendly interface that is designed to aid rather than impede traders in their daily tasks. All trades are always secure due to the broker’s strong encryption.
You will constantly be impressed by the Equithy trading platform. To begin, you’ll discover that this trading platform is really effective. You will also be able to view this trading platform from multiple devices. If you have an iPhone or Android phone, no matter if you have an iPad, tablet, or desktop computer. All of these are compatible with the trading platform.
For a web trading platform, there is no need to download or install the platform, you can log in with your credentials from any device. A mobile trading platform is also available, You can download the Equithy trading app from the google play store or Apple app store.
Security
It is probably the most concerned area in online trading. Traders lost their funds as well as their personal details, which are crucial and confidential because of the negligence of their traders. Whenever you visit a broker, always look for encryption and security policies.
Data and funds encryption is mandatory, it entails that no 3rd person can decode your information and funds even if he intrudes on the broker’s platform. Equithy made sure that there would be no security breaches.
You must hear of KYC and AML policies, Equithy complies with both guidelines. This ensures that the broker has the customer’s identity and complies with the governing regulations. AML ensures that no funds through this broker are used for money laundering.
Segregated Accounts
The funds you deposit in your brokerage account technically don’t belong to the broker with whom you buy and sell. They charge you in a variety of ways while you are using their solutions. Your money should not be mixed with the broker’s capital. As a result, the online trading industry follows the practice of isolating each trader’s money or segregated funds. Segregated accounts will hold the assets you put in your Equithy trading account.
No Inactive Account Fees
Even if a trader is not actively trading, his or her trading account stays open; brokers collect fees from both inactive and active traders. Equithy is one of the few brokers that doesn’t charge a fee for inactive accounts. You won’t be prosecuted for an inactive fee if you’re not using your accounts for weeks or even months.
Deposits And Withdrawals
A small number of deposit options were available from many brokers earlier. Traders must adhere to established procedures, irrespective of whether or not they are happy with them. They were unconcerned with the interests of the traders. It’s possible that the technique provided isn’t trustworthy.
Equithy understands the client’s need as it is designed by industry professionals who spent their lives in the industry and know the ins and outs of trading. Bank transfers, credit cards, debit cards, and PayPal are the methods through which you can credit your account. To withdraw funds, you need to submit a withdrawal request, and you will have all your money in the next 3 working days in your bank account.
Customer Support
Live chat, email support, and phone calls are the 3 options by which you can contact their customer support team. They are a team of professionals who quickly respond to your queries to provide you with a smooth trading experience. They are available 24/7.
Conclusion
A segregated trading account, minimal fee, less or even no commissions, a wide range of trading assets, along with robust security and responsive customer support, isn’t all you wish from an online broker. So, what are you waiting for? Go to the Equithy website and sign up for a trading account after completing your research on it.
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