Eqtrades: company reviews

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

On the Internet, one can encounter radically different opinions about the activities of any of the existing brokerage companies. The Eqtrades.com service is no exception, and reviews of its work on the forums are both positive and negative. Someone is satisfied with the professionalism of its organizers and a responsible approach, while someone is dissatisfied with the work of this company. However, how to understand what is fiction and what is real facts?

Deliberate fraud or market specifics?

It is clear to any sane broker that there is no way by which one can achieve a 100% guarantee of return and increase in investments invested in the purchase of securities on the Forex market or spent on foreign exchange transactions. Although the basis for building a stock trading scheme is the analysis of trends in detail in the market, this does not make them any less risky. There is no way to predict everything, so even the most experienced specialists can take off or fall unexpectedly for themselves.

Reason for negative experience

To many investors,cooperating with brokerage companies, the specifics of this business are not fully understood. Consequently, if the invested funds “burn out”, then they accuse the partner of unprofessionalism, dishonest attitude and a tendency to fraud. Sometimes this really happens, but not so often. How, then, to understand why the brokerage company fails and how conscious are its actions associated with the loss? Maybe it's still the peculiarities of the market? This circumstance is confirmed by an example: reviews about EqTrades can be both negative and with approval.

The value of experience and attention

Among the key factors that require special attention is experience in the brokerage market. Reviews are often biased, so they should be considered last when evaluating services. The www.eqtrades.com service, reviews of which are no exception, has no problems with the presence of this parameter. Its owner is Global Equity Brokers Ltd. This broker has been successfully engaged in brokerage for almost twenty years. It can be said with certainty that it cannot be considered as a desk created yesterday, seeking to write off commissions. The IFSC license, which gives the right to full control over the conduct of financial transactions, testifies to many things.

Customer Relations

EqTrades is attentive to each client, therefore, in case of dissatisfaction with the work of a particular contractor, he will be offeredcooperation with another broker. The service, located at http.eqtrades.com (which has a lot of reviews), does everything to make its partners happy!

There are a lot of brokerage firms in Russia now. Not everyone provides a quality service, so reviews are not always positive. However, negative reviews are received not only by dubious firms, but also by famous brands! Why is that? This can be analyzed on a specific example and concluded: EqTrade is a scam or not.

How to find the right broker?

First you need to find out which brokerage company is worth your time and trustworthy. The list of things that you definitely need to pay attention to is small:

• working time in this business: at least one or two years, this alignment will give a reason to open one-night stands;
• financial transparency: availability of the necessary licenses, transparency in transactions, ease of withdrawal of money are required;
• state-of-the-art technologies: without IT tools it is impossible to make a general test of trends - without them the risks are very high;
• customer focus: to understand your chances of winning and understand the reasons behind the trades, it is a good idea to consult with a broker.

What is EqTrades.com in terms of these criteria? If you run through the list to check EqTrades, then you will not find a divorce at all. Enough of a thorough study of the site of the service to find out all the most important things.

• First of all, the company is IFSC licensed and has nearly 20 years of experience in the field.
• Secondly, all its functioning is fully checked by the regulator (plus questions about the withdrawal of funds).
• Third, in the company's accounts, customer funds are separated from each other and from the company's funds.
• Fourthly, they use the modern MT5 platform. In addition, brokers provide qualified assistance to clients around the clock. Everything seems to be fine. Then why do some people speak badly about the company? Why do some of the reviews about EqTrades sound negative?

How to choose risks?

The most important thing is to understand the peculiarities of exchange trading as such (it doesn't matter what it is connected with - currency or stocks on Forex). And they, the features are:

• This activity is considered very risky.
• No one will guarantee protection against possible mistakes.

Because, having a competent analysis, there is a chance to lose some share of investments. Unforeseen periods of financial instability often occur in the market. Therefore, risks are part of this game by default. But, unfortunately, as experience shows, not all potential investors understand this (especially when they do not want to master the trading process).

This all leads to thoughts of cheating. Therefore, losing should not stop you, but give you a reason to increase your knowledge and realize your mistakes. EqTrades will help with this - a broker, reviews of which are not alwaysare fair. To verify this, you need to find out as much information about this company as possible. How is it different from its competitors?

Why are company reviews not always fair?

EqTrades, as already mentioned, has been on the market for a very long time. First of all, it is worth noting that honest companies have nothing to hide: they understand that a client who trusts them with their money wants to be sure of their safety.

EqTrades (reviews are more often positive) relies in its work on the principles of openness and perfect transparency, which allows us to say that the transactions made are completely safe and maximally insured against risks.

The EqTrades broker itself has been on the market for several years: it is owned by Global Equity Brokers (Belize) Ltd, which began operations back in 1998. The EqTrades brand, reviews of which are so widespread, appeared in 2008, and since 2014 it has entered the international markets. He has an official license from the International Financial Services Commission, which regulates all the activities of the company. In addition, absolutely all operations are under constant monitoring.

It is also worth noting the segregation of client accounts, as they are separated from the broker's fixed assets. This is an additional guarantee in case of force majeure, such as the bankruptcy of a company.

EqTrades Broker: Support Reviews

It is worth noting that the company's website contains a very large amount of information, includingeducational character. There are even introductory articles on basic topics that talk about what Forex is, how trading works, how charts are read, and even how the exchange rate can change. All content is available in three languages - Russian, English and Turkish.

Employees of the company are always ready to tell all the subtleties of the principles of the online broker and clearly demonstrate the absence of any deceptive tactics. The company's website features over 350 different instruments, and the site itself operates on the MT5 platform, which allows you to follow transactions and all exchange changes. Moreover, the resource not only offers a presentation of this platform, but also gives a detailed description of it. Moreover, there are educational articles that introduce the beginner to how to carry out technical and fundamental analysis on MT5, as well as how to use trading signals correctly.

At the same time, you can also track the current situation through applications on iOS and Android. The broker's website has a whole subsection dedicated to mobile trading. If you have questions, the user has access to round-the-clock technical support, and for those who strive for continuous development and self-improvement, there is a whole collection of training webinars.

Credit Opportunity

In addition, among the important advantages of the service, it is worth noting the presence of a leverage of up to 400:1, the possibility of prompt withdrawal of funds and a low commission. In other words, EqTrades can be safely called the embodiment of the most comfortable and thoughtful online broker,who really cares about his customers.

In other words, fair reviews of EqTrades.com are in a positive way. Those who speak negatively about the project may have similar opinions about other brokers. Exchange trading is always associated with significant risks, so in any case, any loss of investments will occur. For those who do not want to understand this phenomenon, thoughts of fraud will always be relevant.

Trading in the foreign exchange market can never be profitable always, with every transaction. In any case, sometimes there will be failures. EqTrades fulfills its obligations to traders in good faith, and some losing trades made during regular trading are an inevitable consequence of risk. You need to be well aware that any resale job is hard and responsible work.