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Equiity Review: 10 Key Aspects To Consider In 2023

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Before you consider trading with Equiity in 2023, it’s crucial to have a comprehensive understanding of its key features and services. Our detailed Equiity review aims to provide you with an in-depth analysis of the broker’s offerings, allowing you to make an informed decision about trading on the platform. 

Furthermore, we will discuss 10 crucial factors to consider before opening an account with Equiity. These include regulatory compliance, customer support, trading platforms, account types, deposit and withdrawal options, research tools, educational resources, fees and commissions, leverage offerings, and trading instruments. 

By carefully evaluating these factors, you can determine whether Equiity is the right broker to fulfil your trading needs in 2023.

10 Key Aspects To Consider Before Trading With Equiity in 2023

Regulatory Oversight & Licences

Equiity provides a user-friendly interface that makes it easy for both novice and experienced traders to navigate the platform and execute trades efficiently. The platform offers various trading tools and features, such as charting and technical analysis tools, to help traders make informed trading decisions. Additionally, Equiity offers a range of educational resources, including webinars, video tutorials, and trading guides, to help traders improve their trading skills and knowledge.

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Equiity is a reliable and secure trading platform that uses advanced encryption technologies to protect its clients’ data and assets. The platform is also regulated by the Financial Services Commission (FSC) of Mauritius, ensuring that it operates within the legal framework of the industry and meets certain standards of conduct. 

Overall, Equiity is a comprehensive and trustworthy trading platform that provides traders with a range of tools and resources to succeed in the financial markets.

Range Of Assets Available

Equiity is a multi-faceted trading platform that provides traders access to a variety of financial markets, including Commodity Trading, Forex Trading, Indices Trading, Stock Market Trading, Metals Trading, and Cryptocurrency trading. To facilitate trading in these markets, Equiity utilizes a comprehensive algorithm that enables Contract for Difference (CFD) products. 

CFDs are legally binding agreements that establish mutual rights and obligations between the buyer and the seller, with the buyer agreeing to pay the seller the difference between the worth of a given asset and its corresponding value at the moment when the contractual agreement is made. By offering a diverse range of CFD trading products, Equiity is establishing itself as one of the most versatile trading platforms in the digital economy.

The assets available for trading on Equiity comprise the following:

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  • Commodity: such as BRNT, CL, NGAS, COFFEE, COCOA and SUG11
  • Forex: such as EURUSD, GBPU, AUDUSD, EURGBP, USDCAD and USDJPY
  • Indices: such as NSDQ, SP, DOW, DAX, FTSE and CAC
  • Stock market: such as AMAZON, APPLE, TESLA, FACEBOOK , MSFT and GOOGLE
  • Metals: such as Palladium, Copper, Silver and Gold.  
  • Cryptocurrency: such as ETHUSD, XRPUSD, ADAUSD, LTCUSD and BNBUSDT

Trading Fees

One of the ten key aspects to consider when trading with Equiity in 2023 is its competitive trading conditions, which include low spreads, high leverage, and no commission fees. The platform also imposes minimal SWAP charges, setting it apart from other online brokers.

It’s important to note that the spreads are variable and may vary based on the asset being traded and market conditions. However, the broker offers its Silver, Gold, and Platinum account holders different spread options, with the Platinum Account having the lowest spreads starting from 18 pips and a discount of 75%.

Overall, Equiity’s trading fees are competitive and reasonable, as per our findings while reviewing Equiity.

Account Types

Equiity provides a variety of account types to cater to the trading requirements of both novice and seasoned traders. The available account types include the basic account Silver, and advanced ones like Gold and Platinum accounts. Each account tier offers additional benefits, such as access to exclusive educational materials.

Nonetheless, traders should carefully evaluate their trading objectives and level of experience before choosing an account type that best suits their needs.

Supported Trading Platforms

Equiity currently offers a single trading platform, Webtrader, suitable for traders of all skill levels, from novice to expert. Its intuitive and well-organised interface offers various tools that help traders stay up-to-date with the market.

The Equiity Webtrader platform boasts several key features, including a user-friendly interface that simplifies navigation for traders of all levels. 

The platform provides multiple chart types, including candlestick, line, and bar charts and traders can access a range of technical analysis tools, such as trend lines, indicators, and oscillators, to help make trading decisions.

Risk management is also made easy through the platform’s various tools, including stop-loss and take-profit orders. Real-time market data, including prices and market depth, is also provided to traders, and the one-click trading feature enables fast execution of trades, which is particularly useful in fast-moving markets.

Another advantage of the Equiity Webtrader platform is that traders can use it without downloading any software, as it is entirely web-based. This feature allows traders to access the platform from any device with an internet connection, making trading more accessible and convenient.

Leverage Offering

Equiity offers leveraged trading on a variety of instruments, but it’s essential to note that the amount of leverage available can vary depending on the asset class. Forex and cryptocurrencies generally have higher leverage, while stocks have lower leverage.

For instance, the Silver and Gold Account offers up to 1:200 leverage for forex, 1:50 for commodities, metals, and indices, 1:10 for stocks, and 1:2 for cryptocurrencies. On the other hand, the Platinum Account offers higher leverage for most asset classes, with forex having a maximum of 1:500.

Overall, Equiity’s leverage offering is competitive and aligns with global industry standards. This information is based on our review of Equiity in 2023. Traders should always consider the risks associated with leveraged trading before making any trading decisions.

Conditions For Deposits & Withdrawals

Equiity’s deposit and withdrawal policies are highly convenient compared to other online brokers. It offers multiple options for both deposit and withdrawal, including bank transfers, credit/debit cards, PayPal, Neteller, Skrill, and VPay.

Moreover, Equiity does not charge any deposit fees, although fees may apply for certain withdrawal methods. The minimum deposit amount required to start trading is quite affordable at $250, making it an attractive option for novice traders. 

Withdrawals are typically processed within 1-3 business days, and based on the comprehensive Equiity Review 2023, the broker’s deposit and withdrawal policies are considered among the best in the industry.

Educational Resources and Research Tools

Equiity provides a variety of research tools to suit the needs of traders with different experience levels. The broker’s research tools include daily market news updates, market analysis reports, economic calendars, and charts. While these tools are comprehensive, Equiity falls short in providing educational resources for its clients. 

After conducting research for Equiity Review 2023, it can be concluded that the research tools offered by the broker are competitive, but the absence of educational resources is the platform’s most significant drawback.

Customer Support Services

Equiity’s customer support team is available 24 hours a day, five days a week and is known for its quick and efficient response time. The team comprises highly trained professionals adept at resolving any issues or queries related to the platform. 

In addition to this, Equiity provides a dedicated account manager to each client, ensuring personalised support and assistance with trading-related queries.

To reach out to the broker’s support team, clients can use the live chat feature, send an email to [email protected], or contact the broker via telephone at +971525353542 or +41225087362.

Conclusion

When considering trading with Equiity in 2023, there are ten key aspects that you should consider before making any decisions.

Our Equiity Review 2023 found that the broker excels in all these areas, making it a great choice for both beginner and professional traders. The trading conditions are highly competitive, and the customer support services are top-notch, which enhances the overall trading experience. Based on these factors, we highly recommend trading with Equiity.

FAQs

How does Equiity work?

Equiity operates as a broker, facilitating trades between buyers and sellers and earning revenue through spreads and other fees. 

What is Equiity’s minimum deposit?

Equiity’s minimum deposit $250.

Is Equiity a scam?

Based on our research and analysis of Equiity, we have not found any evidence to suggest that it is a scam. Additionally, it has a strong reputation in the industry and offers transparent and reliable trading services to its clients. However, as with any online broker, it’s essential to do your due diligence and thorough research before making any investment decisions.

What does Equiity offer?

Equiity offers a range of financial products and services for trading, including over 300+ underlying assets from top global markets such as forex, commodities, cryptocurrencies, indices, and stocks.

What trading tools does Equiity offer?

Equiity stands out from other online brokers due to its competitive pricing, user-friendly trading platforms, and wide range of resources to support traders at all levels, despite offering a broad range of trading instruments that cover multiple asset classes that are also offered by many other online brokers.

Sources:

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