Detailed Review of Equiti Broker: Trading Experience, Features, and More

If you're in the search for the right trading platform, you've probably come across dozens of brokers promising top-notch services. Finding the right one can be tough, but that's where we come in. As an established trading broker reviewer, we at DayFunded hone into the facts to help traders make informed decisions. Today we're putting the spotlight on Equiti (ex-Equiti Global Markets), a platform that's been in operation since 2007.

The Basics of Equiti Broker: What You Need to Know

Equiti is a trading subsidiary of several companies, namely Divisa UK Limited, Equiti Group limited Jordan, and EGM Futures DMCC. The platform is known for its stringent regulations, ensuring utmost security for its patrons.

Another crucial thing to note is the minimum account size, which is $500. Now this might seem a bit steep when compared with other brokers, but with the host of features it provides, the investment is worth considering.

US traders, do keep in mind that Equiti does not allow American users to trade, which can be a considerable downside for some.

Reliable Ratings and Robust Trading Features

One of the standout aspects of Equiti is its strong average rating. When you opt for them, you're not just investing your money, but also your trust.

Equiti stands out with its varied range of features, including trading by phone, free educational resources, Multi-Account Manager(MAM), managed accounts, segregated accounts, trading contests, and the option of having a personal manager. It's also worth noting that the minimum position size is 0.01, which is a comfortable point for many traders.

While the diverse features give traders more control of their account, the provision of free education helps traders familiarize themselves with the platform and learn how to maximize returns. Additionally, the MAM feature is perfect for money managers handling multiple trading accounts.

Affordable Spread and Complex Leverage

Affordable spreads are a trader's delight. With Equiti, you can enjoy low spreads, which means fewer costs and more profits. However, traders need to keep a close eye on the trading costs to ensure they're profitable in the long run.

Equiti's leverage is a bit cryptic, denoted as 'recybfPUJkrhdLzKD.' While it's uncertain what this stands for, based on the platform's overall reputation, we can infer it to be a proprietary coding referring to their leverage policy.

Traders need to proceed with caution while dealing with leverage on any platform due to the associated risks, involving high level of losses in addition to the profits.

Final Thoughts

All in all, Equiti seems to be a trustworthy and solid broker choice, especially for those seeking personalized services and a range of features. However, the relatively high minimum account size may deter beginners or small-budget traders.

This broker provides a blend of services targeted at enhancing user experience making it a fine gateway to global markets. Nevertheless, always remember to do your due diligence and research further according to your specific trading needs and risk tolerance.

Stay tuned to DayFunded for more detailed broker reviews and expert insights!