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ETFinance Review and Information 2023

ETFinance Information and Review ETFinance
Voting Rating ETFinance does not participate in the Forex Rating
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Reviews Rating
Status Closed
Regulation CySec
Trading software Webtrader, Metatrader 4, Mobile App
Headquartered 1 Agias Fylaxeos Street, 3025 Limassol, Cyprus

ETFinance was established as a brokerage firm with a goal to provide global traders a cutting-edge platform and allow the trading potential to grow. Originally. ETFinance was founded in 2016 while is registered financial investment firm under the laws of Cyprus, technically providing trading capabilities to EU clients and beyond.

ETFinance designed its trading solution based on the most important point that is essential for traders of a particular level. Beginning traders are most welcomed and supported with education materials. Professionals will find a good option for cost strategy along with tailored measures and extra discounts.

All this is also provided with good technology base, which is important for good quality performance along with popular platforms MT4 and WebTrader and good execution through numerous liquidity providers. Eventually, with its aim to be a customer-friendly and efficient platform ETFinance definitely succeeded as numerous clients they serve and constantly growing volumes showing a positive side of the strives.

ETFinance was established in order to help ambitious people from Europe  to trade in the ever-changing financial world. They offer investors a unique trading experience that focuses on providing you with all the tools and knowledge you need in order to go about building your trading future.

ETFinance is a trading name of Magnum FX (Cyprus) Ltd. Registered company in Cyprus under registration no. HE360548. Magnum FX (Cyprus) Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 359/18. Business Address 1 Agias Fylaxeos Street, 3025 Limassol, Cyprus.

ETFinance Trading Information 2023

WWW https://www.etfinance.eu/
Address 1 Agias Fylaxeos Street, 3025 Limassol, Cyprus
Headquarters 1 Agias Fylaxeos Street, 3025 Limassol, Cyprus
Free phone +8006 003 7004
24 hour support
Partnership programs
Trust management
Expert advisors
Free education
Bonuses, Promotions
Sponsorship contests, competitions
1st deposit bonus
Trading by phone
Mobile trading
Automated trading
Daily analysis
Demo account
24/5 trading
Digits after the dot in quotes 5
Minimum position size 0.01
Spread Type Variable
Pip spread on majors 0.7-1
Maximum Leverage 500
STP, $
ECN, $
Standard account, $ 250
Mini account, $
Popular payment methods Klarna, Skrill, Neteller, PayByBank.App, Visa/Mastercard debit/credit
Account currencies EUR, GBP, USD
Available assets Forex, Crypto Pairs, Indices, Commodities, Stocks
Languages English, Spanish, German, Dutch, Portuguese, Italian
Platforms Webtrader, Metatrader 4, Mobile App
Broker type STP
Regulation CySec
Foundation 2018

ETFinance Reviews and Comments

I confirm that all the negativity that is described here about ETFinance is pure truth, since I myself became another victim for scammers, who, in fact, have nothing to show, since they simply nullify your deposit. They rub into confidence, all the time they ask to replenish the deposit, since more money means more deals can be opened. And as soon as your deposit amount increases significantly, your account is simply driven into a huge minus. They don’t allow large sums to be withdrawn, they feed the client on trifles. I'm not fake, write - I will answer all questions. Don't look for easy money, free cheese in a mousetrap.
  10 Jan 2022  
As soon as I found out how many people were losing there, I already felt bad. Someone lost as much as 20 thousand dollars there, someone for 3-4 thousand dollars, do not repeat other people's mistakes, do not deposit your money into the ETFinance scam, as you risk 100% losing all your savings and picking up loans. A team of scammers works, and I know the psychology of people well, they are very annoying, they can literally attack with calls and letters, then the Manager ****, then ****, each time different, your personal money is distributed among themselves, the crooks should sit behind bars! Over a long period of time, scammers have strengthened and grown greatly, all the fault of people's gullibility and inattention.
  14 Dec 2021  
I deposited USD1700 at first and was going on well with litle benefit come up, however when I withdraw the benefit in my account say withdraw initiated, however cash no credited to my bank account. I communicate with support. Told them I am moving the country residence what will be the procedure to move my money from UAE bank to the country I will move in, they advised me to deposit first from next country bank account and withdraw current cash, which I don't have that much. Since that they called once and ask what was my decision, I told them I will move next months. And since that moment my trade continue in significant negative and I lost my money. So ETFinance is just a scammer, which is just taking our money freely.
  11 Nov 2021  
I was curious about ETfinance and I decided to speak to one of them and see if it’s something I would like to do. I informed the lady Adela that I’m not ready and if I’ll proceed then I’ll reach her on my own as I have her details. 2 months later today the so called manager calls me from Saudi back to back 3-4 times and wen I finally answered he behaves so rudely and tells me things tats so unnecessary. I told him it’s my weekend I’m resting so let me cut it short I’m not interested righrt now and you can cancel my name off your list and he says “I feel sorry for you tat u will rest today and go back to workfor another week for 200$ instead of talking to me, I feel sorry for your life”. I may not be interested in the product but I’ll not let this go easy. I’m going to make sure each platform knows that something is fishy about these guys coz the way they arepushing this on people. I’m in sales too n this isn’t the way you talk to people.
  29 Oct 2021  
Award-Winning NDD Execution

All client trades are executed with No Dealing Desk* intervention. Most trades are filled in under 10 milliseconds, with up to 2,000 trades executed per second.

ETFinance is a good choice for online forex trading. I'm pleased to deal with a regulated company.
  29 Jul 2021  
ETFinance is good at providing competitive conditions, also they offer a good education and convenient mobile trading.
  28 Jul 2021  
I have been working with Etfinance for a year and a half and I am satisfied with everything. There is a great mobile app, cool trading platforms, and pretty decent conditions.
  26 Jul 2021  
Really convenient platform, friendly staff, lots of educational materials, reasonable spreads and leverage, fast withdrawals, I'm really happy with my experience with this company.
  26 Jul 2021  
I like ETFinance trading conditions. Everything is simple and clear here. I also like that broker can offer me wide choice of trading instruments.
  23 Jul 2021  
It took me quite some time to figure out how to trade properly but recently I've been making lots of successful trades. Educational content on the website really helped me with that.
  23 Jul 2021  
ETFinance is the platform I prefer among many others on the market. There are reasonable spreads, sure-handed support team and wide choice of tools.
  22 Jul 2021  
I enjoy working with this broker. For a year and a half, I have established successful cooperation and learned how to make money regularly. I really like that the support service regularly comes to the rescue, as well as the fact that Etfinance has a verified license.
  16 Jul 2021  
I like the opportunity to trade a variety of financial instruments, including stocks, cryptocurrencies, and commodities. The company also provides good leverage for them.
  9 Jul 2021  
When i started trading on this platform they where already rushing me to deposit money and trying to convince me to deposit more money then I wanted to. At this point i should have been alarmed. When my account was all set up they brought me in contact with my account manager as they call it. This account manager was calling me like 100 times a day, when i told him i was at work and did not have the time to call this much he told me "You should stop working and start trading with more money". At this point i was a little bit annoyed by this account manager, because he told me what I should do all the time and acted like there was not any risk to trading. The company then set me up with another account manager, someone who speaks my native language. He offered me several things that were to good to be true like having to pay less spread and less swap costs. At the time I thought like oke they want to compensate me for the bad behaviour of one of their account managers and I accepted the offer. After a while I discovered that they did not keep their word, but I made some profits trading on their platform, so i was oke with it. One day I closed my position on palladium. There was a profit of $440, that is why i closed the position. After the closing the position I noticed a decreased balance value. It turned out that my position was closed with a loss of $360. I contacted the company and they told me that they were going to investigate te case. The investigation took 4 weeks just to tell me they did not notice anything out of the ordinary. This was not the worst part. Normaly when your free margin is in danger you receive a text message saying your margin has dropped below 75%. Later that day I opened the app to see if i should close one of my positions. To my surprise I saw that a large part of my positions were closed automaticaly by the system and my balance value has dropped with around 70%, unfortunately I never received a tekst message and my account manager never warned me as well. After this i spoke with my account manager about this situation and the only thing he told me was that the noticed that the price of palladium never dropped under the price i bought it for (the company's management denied this). He also told me that he was not able to do anything about it and that I should put in more money to save the rest of my positions. I told him that the system was failing and I did not trust any more of my money with the company and also that I wanted a response from the company first. After this I heard nothing from them for a while. I decided to send them an email, because they told it would only take 5-7 business days. They replied to my email by saying we are calling you today at this time, not asking if I was available at that time. I could not pick up the phone at the time they called me so they called me again the next day, a bit mad that I did not pick up the phone the day before and offered me around 8% of the money I lost due to their failling system and told me that their system was not failling and they only offered me the money because I was unsatisfied as a client of the company. Do not make the same mistake the mistake as i did, do not go into business with ETFinance. You will lose money!
  8 Jul 2021  
Why Should Anyone Trade with Hotforex

HotForex is continuously establishing its position as a market leader and offers great trading conditions and competitive advantages to its clients which include, but are not limited to: tight spreads from as low as 0.1, flexible leverage options, top fund security measures, multiple account types, free educational resources, access to daily market analysis and many more!

ETFinance is my favorite broker since 2019. It is definitely one of the most reliable brokers on the market to trade with since it has all the needed reulation.
  7 Jul 2021  
All ETFinance Reviews

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