ETO Markets

ETO Markets Review: Is ETO Markets Broker Good?

Broker overview and general information

ETO Markets was founded in 2013 and is a forex and CFD broker with headquarters in Australia and the Seychelles. It is popular with over 4 million traders worldwide, offering a wide range of products including Forex, Commodities, Indices and Stocks, using the popular MetaTrader 4 (MT4) trading platform.

Broker Licensing and Regulation

If you ask whether ETO Markets is good or not, you must first consider the license factor. The broker has the following licenses:

• ETO Markets Limited is registered in Seychelles with company number 850672-1 and is authorised by the Financial Services Authority (FSA) under license number SD062.

• ETO Group Pty Ltd. is regulated by the Australia Securities & Investments Commission (ASIC) with AFSL No. 420224.

Trading products and services

Trading products

• Forex (Foreign Exchange):Offers access to popular currency pairs such as EUR/USD (Euro vs. US Dollar) and GBP/JPY (British Pound vs. Japanese Yen).

• Precious metals:Precious metals such as gold and silver can be traded. These assets are considered a hedge against inflation or economic uncertainty. Gold and silver can be traded using CFDs, allowing speculation on price movements without the need for physical storage.

• energy:CFDs on energy products such as crude oil and natural gas. These markets can be influenced by factors such as global supply and demand, geopolitical events and weather patterns. Trading energy CFDs allows speculation on price fluctuations without the logistical complexities of trading physical commodities.

• index:CFDs on major stock market indices such as the S&P 500 (US stocks) and FTSE 100 (UK stocks).

• Cryptocurrency (cryptocurrency):CFDs on some cryptocurrencies, such as Bitcoin or Ethereum. Cryptocurrencies are highly volatile and speculative investments. Due diligence and a high level of risk tolerance are essential before trading.

Trading Platform

• MT4 (MetaTrader 4): A widely recognized and user-friendly platform, MT4 is ideal for beginners and experienced traders alike. It features a library of technical indicators, charting tools and the ability to automate trading strategies using Expert Advisors (EAs).

• MT5 (MetaTrader 5): The next generation of MT4, MT5 features an improved user interface and advanced functionality, providing additional order types, a built-in economic calendar and market insights for a more comprehensive trading experience.

• Social Trading: An innovative feature that allows you to copy the trading strategies of successful traders.

• PAMM (Percentage Allocation Management Module): PAMM is a money management solution suitable for experienced traders who need to manage funds from multiple clients.

• ETO Markets CRM App: A mobile application that streamlines account management, allowing you to deposit, withdraw funds and track trading activity on the go. The CRM app also provides access to market news and analytics.

ETO MarketsReview: Account Types 

There are 4 types of trading accounts to choose from to meet the needs of different investors.

Pro Account

• Minimum deposit: $100 USD

• Spread: 0.0 pips

• Minimum trading volume: 0.01 lot

• Leverage: 1 to 500

• Commission: $3.5

• Stop out: 50%

Basic Account

• Minimum deposit: $100 USD

• Spread: 1.0 pips

• Minimum trading volume: 0.01 lot

• Leverage: 1 to 500

• Commission: $0

• Stop out: 50%

PRIME Account

• Minimum deposit: $100 USD

• Spread: 1.7 pips

• Minimum trading volume: 0.01 lot

• Leverage: 1 to 500

• Commission: $0

• Stop out: 50%

STD Account

• Minimum deposit: $100 USD

• Spread: 1.7 pips / 2.9 pips (XAU/USD)

• Minimum trading volume: 0.01 lot

• Leverage: 1 to 500

• Commission: $0

• Stop out: 50%

Support and Customer Service

• Office Address:No. 20, Abis Centre Providence, Mahe, Seychelles

• Phone number: +248 4374772     

• Email :[email protected]

Broker Overview Summary

ETO Markets offers a wide range of features that have the potential to attract traders, with financial products and platforms that are suitable for online trading. However, the broker lacks clear regulation from financial authorities, which may be a warning sign for those who value safety and transparency in their investments. Furthermore, some details about ETO Markets’ services are not fully disclosed, so investors should consider carefully before making any investment decisions. If ETO Markets can improve its transparency and credibility, it may become a more competitive broker in the trading market.

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ETO Markets Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.