Esperio Review

Esperio Brokerage Review

Welcome back to our ongoing series at DayFunded, where we objectively review various online brokers to help traders make informed decisions. Today, we're focusing on a new entrant in the market, Esperio.

Esperio is a brokerage firm that began service earlier this year in 2021 under the parent company OFG Cap. Ltd. Even though they are relatively new, they've made quite an impression on traders, which reflects on their average rating of 10.

Account and Position Sizes

One of the major attractions of Esperio is its low entry barrier. With a minimum account size of just $1, it offers an excellent opportunity for budding traders who might not have large amounts of capital to get started.

Esperio also has a minimum position size of 0.01. This allows micro-trading, which further lowers the risk and is ideal for beginners who want to test the waters.

Broker Features

Esperio provides a suite of features that are impressive for such a new firm. Traders can benefit from free education which can be extremely beneficial for newcomers. Not to mention, this helps seasoned traders stay updated with the latest market trends and strategies.

More importantly, they offer managed accounts facilities for traders who might not have the time or expertise to manage their accounts, providing experienced professionals to do the hard work for you.

Finally, Esperio tries to build a long-term relationship with their traders by providing bonuses. This could bring added value to your trading experience over time.

Leverage

At the time of writing, we were unable to determine the exact maximum leverage offered by Esperio due to unclear data (recLg5mfiVF2pajoc). We recommend traders to inquire directly about this before getting started, as leverage, if not managed properly, can magnify both profits and losses.

Spread and Regulation

As per our review, the spread at Esperio is considered low, which, if leveraged correctly, can lead to significant profits at lower costs.

However, it should be noted that Esperio is currently not under any serious regulation. Although they are new in the market, it's important for traders to be mindful of this aspect. It's always safer to trade with regulated brokers because they ensure a higher level of security for your funds.

Suitability

For reference, at the moment Esperio does not allow US traders to use their platform. Hence, this broker might not be the best choice for US-based traders.

Final Words

Going by our evaluation, Esperio is a broker that deserves attention, thanks to its user-friendly features such as low account sizes, educational resources, and managed accounts. However, a lack of serious regulation and the ambiguity regarding leverage require caution. As always, trading should be done responsibly and with thorough personal research.

Stay tuned for more broker reviews from DayFunded.

Disclaimer: Trading involves significant risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results.