Equiti company evaluation for the year 2021 - is Equiti company a scam?
Equiti's evaluation
Minimum: $500
Leverage: 1:500
Headquarters: United Kingdom, Jordan
Licenses: CBA (Armenia), CMA (Kenya), FCA, FSA(SC), FSC, SCA (UAE)
- licenses and security
- Available financial instruments
- Account types
- Trading costs
- Trading platforms
- Order execution speed
- global reputation
- Technical problems
- customers service
- Offers and rewards
- Market research and education
- forex assessment in arabic
In this article, we will explain, evaluate and review the equiti group in detail and offer exclusive information from the forex in Arabic, all the information mentioned has been verified by more than one source, including the broker under review. Please also note that the ratings of Arab forex brokerage firms are updated periodically.
About equiti
Equiti Group Ltd is the parent company of some of the most advanced brands in the field of Forex, CFDs and liquidity providers and was established in the United Kingdom in 2008 where it is headquartered and its servers until now, Equiti provides its services to retail, institutional and corporate clients around the world.
Equity company has many offices in most parts of the world, including Egypt and Saudi Arabia, which adds the advantage of easy local financial transactions, as there are Equity Jordan, EGM Futures, United Arab Emirates, Equity London, Kenya, Armenia, USA, New Zealand and others Lots.
Regulators for these brands include heavyweight regulators. And this wide range of regulators you will not find in many other brokers. However, it is not wise to dive first into a medium without knowing what it offers and what it does not offer. So let's head down to the nitty-gritty of this broker.
The most important licenses of equiti
- Equiti Group Limited (Jordan) It is a trade name registered in Jordan (registration number 50248), and it is authorized and licensed by the Jordan Securities Commission, with its registered address in Abdali Boulevard - Building No. 32 - Suleiman Al-Nabulsi Street - Juba Complex - Second Floor - Amman - Jordan. Arab countries' accounts are registered Under this license as standard, but you can transfer your account under other licenses if you wish.
- Equiti Capital UK Ltd (company registration number: 07216039) is authorized and regulated by the UK Financial Conduct Authority (company reference number: 528328), with its registered address at 69 Wilson Street, London, EC2A 2BB, UK.
- EGM Futures Registered in the UAE as a brokerage and clearing member of the Dubai Gold and Commodities Exchange (DGCX), licensed by the Dubai Multi Commodities Center (DMCC) under No. 31573 and by the Securities and Commodities Authority (SCA) under No. 607136.
equiti . company platforms
Equiti offers two sets of trading platforms to its clients:
- 1. MT4 platforms
Equity offers its clients the possibility of trading through the well-known MT4 platform that is used by 80% traders.
- 2. EQTrader
EQTrader is a premium web platform developed exclusively by Equiti for its clients, that allows you to access your trading account wherever you are and without the need to download any software. Simply use your Equiti account login credentials on the website and immediately start trading easily from any internet-connected device.
EQTrader contains a set of technical indicators and drawing tools that enable the user to analyze market indicators. The user can also save the graph after analyzing it as an image. EQTrader also shows the value of the position and the required margin directly in front of you before you enter into the position.
Equiti's Financial Instruments
At Equiti you can trade over 400 financial products 66 currency pairs, 6 precious metals, 37 CFD instruments, more than 240 US, UK and European stocks.
- 66 currency pairs
- 37 CFDs
- 6 metals
- More than 240 shares
Equiti company account types
Equiti has two types of trading accounts, the most used account is the Executive account, followed by the Premium account. But we believe 500$ as the minimum initial charge for an executive account is significantly higher than the industry average, on the other hand, the account registration process may not be complicated but at the same time it is not simple. The leverage is variable and reaches a maximum of 1:500 for currencies and metals, but it is always preferable to use a low leverage.
executive | Featured | |
---|---|---|
Minimum down payment | $500 | $20,000 |
Standard spreads for currencies starting from | 1.6 points* | 0.2 points* |
Tools | 66 currency pairs, 6 precious metals, 37 CFDs, 240+ shares | 66 currency pairs, 6 precious metals, 37 CFDs, 240+ shares |
Maximum leverage | 1:500 for currency and precious metals trading, 1:200 for CFDs, 1:20 for stock contracts | 1:500 for currency and precious metals trading, 1:200 for CFDs, 1:20 for stock contracts |
Variable leverage | To trade currencies and precious metals | To trade currencies and precious metals |
Fulfill the request | Execution in the market using “ECN” technology | Execution in the market using “ECN” technology |
stop level | 30% | 30% |
Account currency | USD, EUR, GBP, AED | USD, EUR, GBP, AED |
Commissions | There is no | USD 70 per million USD traded on currencies and 7$ per contract on precious metals ** |
Register an executive account | Sign up for a premium account |
There is a $10 commission per lot on the futures contracts except for Natural Gas and High Quality Copper (NGASxx / HGxx)
Spreads and commissions at equiti
Equiti contracts with more than 35 different liquidity providers and new networks are being added constantly, however we see the spreads in Equiti and in the executive account are higher than the industry average on currency pairs, while they are excellent on metals and gold.
The following table shows the price differences in Ecoty company on the major currencies
currency pair | primary / secondary | Expected spread (in pips)* for Premium account | Expected spread (in pips) for the executive account |
---|---|---|---|
AUDUSD | Basic | 0.2 | 2.1 |
EURCHF | Basic | 0.2 | 2.2 |
EURGBP | Basic | 0.9 | 2.3 |
EURJPY | Basic | 0.4 | 2.5 |
EURUSD | Basic | 0 | 1.6 |
GBPCHF | Basic | 1.9 | 4.3 |
GBPJPY | Basic | 1.5 | 3.1 |
GBPUSD | Basic | 0.2 | 2.3 |
NZDUSD | Basic | 0.7 | 2.2 |
USDCAD | Basic | 0.6 | 2.5 |
USDCHF | Basic | 0.2 | 2.5 |
USDJPY | Basic | 0.2 | 2.1 |
Withdrawal and deposit at equiti
As we mentioned before, the presence of equiti company in most countries locally and its development in the services of companies and institutions, had an impact on the methods of withdrawal and deposit, and it is considered one of the few companies in which you can use any bank card in the Arab countries, including Egypt and Saudi Arabia, as well as There are various local solutions that are constantly expanding, bank transfers and local banks, Neteller, Skrill, Fazapay, Glopay, Dinar, and recently equiti contracted with Bridger service, which allows you to deposit in various other ways, including cryptocurrencies.
Equity may require proof of account (such as a bank statement or a screenshot of your account with your payment provider) for the first deposit. After the first deposit is approved, the broker writes on their website that all deposits are instant when using the same account and initial payment method. However, in our experience of depositing and withdrawing more than once, they were not instantaneous.
Equity does not charge a fee for deposits. However, your bank or payment provider may charge you a fee for the transfers made. Equity is not responsible for any fees that may apply.
Equiti . Domestic Withdrawal Options
Equity supports payments in local currencies via bank transfers, local payment solutions, and connects customers directly to the online banking portal. In order to use this method, the customer must have an active account in one of the supported banks with the ability to use online banking services.
To withdraw funds through the available local depositor:
- Log in to your client portal.
- Choose the withdrawal method.
- Choose the “Bank / Local Bank Transfer” option
- Fill in your required bank account details in the spaces provided and submit your request.
- Select the account and fill in the amount you wish to withdraw.
Equiti prepaid MasterCard
Another unique solution from Equiti, is a special MasterCard card that you can withdraw directly from your account through any ATM, transfer it to the bank or use it for shopping and remote payment. You can request the card from your account free of charge for a limited time. Press here
Market research at equiti
Equiti offers trader research in the form of a blog, newsroom and economic calendar on its website to all visitors, as well as a technical newsletter, research station, market news and a featured market diary in the client portal area. The research station is particularly unique with access to currency status indicators, market alerts, news and a calendar, all from one place, as shown in the images below:
Equity Customer Support
From our own experience with support at Equiti, we can't say it's the best we've seen in the industry, there is a delay in responding to emails, even though we have an account with the broker, different employees are still communicating with us to market the broker, which puts a question mark on the extent Coordination between employees and the extent of professionalism of local offices, such as the Egyptian office, but it remains more professional than most companies that have offices or agent offices in Egypt.
News about Equity company published on Forex in Arabic
- Equity London faces lawsuit over alleged link to fraud scheme, broker denies
- Equiti Group cooperates with Riyad Bank to provide liquidity and trading platform for the bank
- Equiti Capital joins the Gold-i . network
common questions
Is Equiti a scam?
Equiti Company has more than decades in the industry, between contracts with banks and institutions and continuous development, and it is a legitimate company licensed by reputable regulatory bodies at the global level and an impressive number of offices around the world. It has an outstanding evaluation on various evaluation sites in all languages. Despite that, as we mentioned, it recently faced some alleged criticism in London and the alleged books because the mediator categorically denied its connection to any fraudulent scheme and did not face difficulties in facing the lawsuit. Therefore, we can say that it is a reliable company in which the advantages overcome the disadvantages, especially in payment methods. If you search for a equiti company, you will not find serious topics.
Is Equity Company licensed?
Equity Group Jordan Ltd. is a multi-asset brokerage company licensed by the Jordan Securities Commission.
What type of broker is equiti?
Equiti is an instant execution system type brokerage, direct market access, without going through the trading room, as it does not hold client positions, but sends them directly to liquidity providers.
Where does equiti get their prices?
Equity obtains its prices from more than 35 liquidity providers, including the largest banks in the world, in addition to smaller banks and other brokerage firms, and collects these rates and provides them to clients.
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