Equaledge Review Forex Broker |

is Equaledge a good broker to trade with and do they offer enough to be an options

Equaledge.co is a relatively new brokerage; thou they do not offer MT5 & MT4, they do offer a very good trading platform with proper conditions. Learn more here in this review

ABOUT equaledge FOREX BROKER

 

equaledge.co forex broker for trading online CFDs
equaledge.co forex broker for trading online CFDs

Founded in 2023, equaledge Forex broker is a specialist forex broker for the more high end traders that offers a wide range of trading products and solutions available on all devices. As we will discover in this forex broker review, customers can trade all the main currency and crypto pairs, indices, commodities, and CFDs.

 

EQUALEDGE.CO OVERVIEW

 

Equaledge is a CFD broker that offers an extensive range of financial instruments across different asset classes for trading online via intuitive and user-friendly trading platforms for multiple devices. You can trade Forex and CFD instruments via an individual trading account, while the broker also offers copy trading services for those who prefer a more hands-off approach. They deliver a convenient and innovative trading environment to help ensure a seamless trading experience, with something for everyone to trade.

The minimum deposit of $5000 is not the lowest you will find, but they provide free demo accounts if you want to try them before making a financial commitment. They can be considered for anyone looking for simple market access to trade manually.

equaledge is a brokerage firm that provides a good range of trading and investing services to a global client base. They have easy-to-use yet powerful trading platforms for desktop, web, and mobile devices. Whatever your trading experience level, the broker welcomes clients from all different backgrounds.

I like how they have very competitive trading conditions compared to other industry-leading brokers; this includes low spreads, zero commission fees, quick execution speeds, around-the-clock support, and high leverage. They typically execute 99.9% of trades without compromising margin requirements and trading fees, so you always take advantage of the right opportunity.

equaledge have hundreds of CFD trading instruments to choose from, this includes Forex, Stocks, Indices, Commodities and Cryptocurrencies.

 

Regulation

When choosing a broker, regulation is one of the first things I look for. I would always prefer to use a regulated broker as this gives me the peace of mind that they will operate pretty. However, it is also important to remember that not all regulators are alike. Some are considered to be more stringent than others.

equaledge is regulated by the Vincent and the Grenadines Financial Services Authority and committed to creating a secure and fair-trading environment. They have a cutting-edge platform that aims to provide the highest levels of transparency and protection with advanced technology that helps safeguard client funds’ privacy and safety and creates a reliable trading environment that traders know they can trust. While some may not feel this is top-tier regulation, I wouldn’t have any problems entrusting the broker with my day trading activities.

Countries

While the broker welcomes traders from all over the globe, some features and products mentioned within this equaledge review may only be available to traders from some countries due to legal restrictions.

Trading Platforms

equaledge offers you the popular Trading platform provided by the technology company EasyTech. They have everything you need to easily access and trade the global markets. There is a good reason they are the industry standard platforms that are used by thousands of traders all over the globe.

The equaledge Trading Platform is well known for being user-friendly making them a popular choice for beginner traders while they also have plenty of advanced trading tools to satisfy the needs of the more experienced users.

Plenty of tools are available so you can analyze the charts in as much detail as you like to help you make informed trading decisions.

The platforms are free to download and available for desktop, web, and mobile devices.

The web platform runs directly in the web browser, so you do not need to download or install any additional software. This is great if you don’t have your own device to hand and ensures that the platform is always up to date.

equaledge Trading platforms
equaledge Trading platforms

The mobile app can be handy for those who need to access your account, analyze the markets, and place and manage trades, all while on the go. In terms of features and functionality, the desktop platform is the leader. It is capable of the most complex market analysis and running automated systems around the clock.

The layout is clean and easy to navigate, with everything just a few clicks away at most. You can load indicators on your charts to identify trade setups and choose from instant, pending, or limit orders. If you don’t want to watch graphs all day long, a handy alert feature will let you know when your target price or indicator value has been reached. It doesn’t matter if you just want to follow prices for basic trading or conduct in-depth analysis across multiple chart types and timeframes, the equaledge Trading Platforms can do it all.

Some of the key features of the equaledge platform include:

  • Create and save chart templates
  • Get accurate time price quotes for hundreds of symbols
  • Place different order types including instant, pending & limit orders
  • View different chart types in multiple timeframes
  • Large online community to share ideas with
  • Available for desktop, web & mobile
  • Free to use

 

Education Provided by equaledge.co

equaledge show that they care about you making informed trading decisions as they offer you an abundance of educational materials to help you improve your trading skills and knowledge. All of the educational content is provided free of charge without an account.  I think it is always important for a broker to provide the relevant resources for traders to be able to learn how to trade online safely.

Markets

You will find hundreds of trading instruments available to trade online with equaledge. They have a vast number of CFDs across different asset classes. The financial markets that you can trade includes Forex, Indices, Stocks, Commodities and Cryptocurrencies.

A contract for differences (CFD) is an arrangement made in financial derivatives trading where the differences in the settlement between the open and closing trade prices are cash-settled. I like how there is no delivery of physical goods or securities with CFDs. This means you can go short (sell) or long (buy) on hundreds of contracts for difference (CFD) instruments without needing to own the underlying asset.

Equaledge Trading Accounts

I always like it when a broker has a good variety of account types to choose from. Not all traders are the same, each has their own unique goals and preferred trading style. It is therefore good to see that there are 5 main account types offered by equaledge.

Trader Accounts

The equaledge trade account is for those of you who want to trade Forex & CFD instruments by yourself. It provides access to all platforms and available instruments. I like how trades are executed with No Dealing Desk (NDD) intervention, so there shouldn’t be any conflict of interest between you and the broker. It also means that trades should be executed quickly at the best possible market prices with minimal slippage. This can be important especially if you are using scalping strategies or automated systems that rely need superior pricing.

Spreads are not the cheapest with this broker. However, it is worth considering that there is no commission fee added. This means that the overall cost could work out more or less the same than if you had access to 0.0 pip spreads.

The minimum account deposit required is not the lowest at $5000 whereas there is leverage of up to 1:500 available, depending on your location and asset class being traded.

 

Trading Accounts Options

Trade numerous financial instruments with equaledge by selecting any of our trading accounts that perfectly match your investment and trading requirements.

 

 

BASIC ACCOUNTSTANDARD ACCOUNTGOLD ACCOUNTPRO ACCOUNTVIP ACCOUNT
MINIMUM DEPOSIT$5,000$10,000$25,000$100,000$250,000+
ORDER EXECUTIONInstantInstantInstantInstantInstant
ACCOUNT CURRENCYUSD, EUR, GBPUSD, EUR, GBPUSD, EUR, GBPUSD, EUR, GBPUSD, EUR, GBP
ACCOUNT MANAGERyesyesyesyesyes
SPREAD, PIPSFixedFixedFixed & Floating, VariableFixed & Floating, VariableFixed & Floating, Variable
QUOTATION
(NUMBER OF MARKS
AFTER POINT)
5 marks5 marks5 marks5 marks5 marks
LEVERAGE100100200500500
MAX. TRADE SIZE10 lots20 lots40 lots50 lots100 lots
REQUOTESNoneNoneNoneNoneNone
MARGIN CALL LEVEL40%40%40%40%40%
STOP OUT LEVEL30%30%30%30%30%
TRADING PLATFORMall devicesall devicesall devicesall devicesall devices
CUSTOMER SUPPORT24/5 support24/5 support24/5 support24/5 support24/7 support

 

You will be able to deposit funds to your trading accounts trough different channels.

like always there is the bank transfer and main credit cards but they also offer the solution to fun your account using Bitcoin.

Deposit methods Equaledge
Deposit methods Equaledge

Banking

It is good to see that equaledge accept a nice variety of deposit and withdrawal options, including credit/debit cards, Wiretransfers and cryptos. The time taken for funds to reach the account can depend on the method used. Generally, I found them to have quick account funding without compromising on security and comfort. They do not charge additional fees directly, but, for some payment methods, the fees go directly to the third-party providers. The minimum deposit and withdrawals may depend on the particular payment method provider. At the moment, the minimum deposit is $5000 alternative payment methods and wire transfers respectively.

Support

You can contact the equaledge customer support team view phone, email and various social media channels. They are available during normal working hours though I would’ve liked to see them offer their services 24/7 in case of emergencies. They have always been quick and helpful to respond to all of my questions.

+442030971450 – Support
+447835182154 – WhatsApp

[email protected]

 

Conclusion for the equaledge Review

Putting it all together, I believe equaledge has a very competitive offering when it comes to trading Forex & CFDs online. There are sophisticated and easy to use trading platforms with hundreds of trading instruments to choose from across different financial markets. I like how there is something for everyone to trade, regardless of their experience level.

equaledge also have reasonable spreads when you consider there is no commission fee. Trades are executed straight through to the market without interference from the broker. They offer excellent customer support is on hand to assist as and when needed. Overall, I think they can be a decent choice for anyone looking to access the markets with relative ease.

 

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. Concerning margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that these products’ methods, techniques, or indicators will be profitable or will not result in losses.

Source equaledge
1 Comment
  1. jerry K says

    decent experience with equaledge.co. was called and had a long productive talk with them about what i need and what i was looking for in a broker. i opened a basic account and have as yet not regretted it.

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