Eurotrader

Eurotrader Review: Is Eurotrader Broker Good?

Broker overview and general information

Eurotrader is a popular broker in the CFD (Contracts for Difference) trading market, offering a comprehensive range of trading instruments including Forex, stocks, cryptocurrencies, indices and commodities. The broker focuses on providing transparent trading conditions and fast order execution using the well-known MetaTrader 4 and MetaTrader 5 trading platforms. EuroTrader also offers 24/7 customer support to assist traders at every stage of their investment journey.

Broker Licensing and Regulation

If you ask whether Eurotrader is good, you should start by considering the license factor first. The broker has the following licenses:

• Eurotrader is a trading name of Eurotrade International Ltd, registered in Mauritius with business registration number 197389 GBC and licensed by the Mauritius Financial Services Commission (license number GB22201125) as an Investment Broker.

• Eurotrade Capital Ltd, registered in the UK with number 10078767, is authorised and regulated by the Financial Conduct Authority (license number 777162) in the UK.
  

Trading products and services

Trading products

• Forex (Forex): Trade global currencies such as EUR/USD, GBP/USD, and other currency pairs with high leverage and good liquidity.

• Shares (Stocks): Invest in shares of leading companies from global markets via CFDs without holding the actual shares.

• Cryptos (Cryptocurrencies): Trading popular digital currencies such as Bitcoin, Ethereum, and other cryptocurrencies.

• Indices: Trade leading global indices such as the S&P 500, FTSE 100, and DAX 30 via CFDs.

• Commodities: Trading in gold, silver, oil and other commodities.

Trading Platform

MetaTrader 4 (MT4):

MetaTrader 4 is a widely popular and user-friendly trading platform developed by MetaQuotes Software.

• Advanced charting tools and technical analysis indicators

• Automated trading with the ability to create and run Expert Advisors (EAs).

• Market depth and real-time prices

• Multiple command types and execution modes

• Customizable interface and support for multiple languages

The MT4 platform is renowned for its reliability, ease of use, and the large community of traders and developers involved in its ecosystem.

MetaTrader 5 (MT5):

MetaTrader 5 is a new version of the MetaTrader platform that offers improved features and capabilities.

• Advanced charting with additional timeframes and indicators

• Supports trading of multiple asset classes (Forex, Stocks, Futures, Options)

• Built-in economic calendar and news feed

• Improve order execution and trade management

• Advanced programming capabilities for Expert Advisors (EAs)

The MT5 platform is designed to meet the needs of advanced traders, offering a comprehensive trading environment with extended functionality.

EurotraderReview: Account Types 

There are 3 types of trading accounts to choose from to meet the needs of different investors.

Row Spread Account

• Minimum deposit: $1000 USD

• Leverage: 1 to 1000

• Spreads: 0.0 pips

• Commission starts at: $7, €6.5, 6 GBP

Standard Account

• Minimum deposit: $50

• Leverage: 1 to 1000

• Spreads: 0.9 pips

• Commission: $0

Swap Free Account

• Minimum deposit: $1000

• Leverage: 1 to 1000

• Spreads: 1.1-1.3 pips

• Commission: $0

Deposit and Withdrawal Review

Customer Support and Service

For investors in Thailand who wish to invest, you can contact customer service through the following channels:

• Phone number: +442080047430

• Email:[email protected]

• Live chat on website

Broker Review Overview Summary

Eurotrader is a relatively new broker in the industry, which means that the company’s history and image in the market is still quite limited. While it has some strengths, it also has some drawbacks that should be carefully considered.

Key disadvantages include the lack of physical branches for support or in-person contact, which can be inconvenient for clients in case they need quick assistance. Trading CFDs and using high leverage also carries risks that can lead to larger losses, especially in volatile markets.

Additionally, regulatory and licensing information remains limited, depending on the jurisdiction in which the broker operates. Problems with customer support response, as well as withdrawal fees that some users have reported as higher than expected, are also issues to consider before making an investment decision.

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Eurotrader 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.