Eurotrader is a regulated broker with excellent customer support and trading conditions, offering educational resources and tools to assist traders with making smart investments. Furthermore, it offers flexible deposit and withdrawal methods including cards, e-wallet services, and bank transfers for deposit and withdrawal of funds.
Customer support
Eurotrader is a relatively new broker founded by trading experts and located in Cyprus. Regulated by CySEC and working with premium liquidity providers to offer transparent pricing and fast market execution, they offer four different accounts including free ones tailored for beginners as well as more experienced options that offer more trading freedom and speed.
Customers can access customer support by phone lines, email and online chat. Support was quick to respond with useful information; additionally they have an extensive FAQs section as well as educational materials designed for traders of all experience levels.
Eurotrader reviews typically claim the company offers great customer support; however, these reviews are often fake or created by bots. One reviewer named Franco claims he deposited funds using cryptocurrency but his broker wouldn’t release his funds for weeks after depositing; this tactic is commonly employed by scammers and dubious businesses.
Trading platform
Eurotrader provides traders with access to an expansive selection of trading assets including currencies, stocks, indices and commodities. Utilizing MetaTrader 4 and MT5 trading platforms known for their user-friendly interfaces and comprehensive array of analytical and trading tools.
Before depositing real money, this company offers a free demo account so you can test their trading platform. A demo account provides an ideal environment for honing strategies and learning more about trading markets; plus you can make virtual trades at live market prices!
Eurotrader provides three trading accounts: Micro, Zero and Hero. Each account offers different deposit requirements and leverage options. Your trading account balance must never fall below zero; prior to investing any money that may exceed what is within your means to lose; consideration should also be given to investment objectives, financial status and needs before investing. Finally, make sure that all terms and conditions associated with each trading account before opening it.
Minimum deposit
Eurotrader provides various account types to suit all traders’ needs. These include Micro, Zero and Hero accounts. Micro accounts provide beginners with low minimum deposits the chance to start trading while Zero accounts offer lower spreads with no commission charges while Hero accounts cater to experienced traders with more financial freedom who wish to invest more.
This broker also offers a selection of trading instruments, such as popular currency pairs, precious metals and shares from some of the world’s biggest companies. Furthermore, you can even trade cryptocurrencies such as Bitcoin.
Eurotrader allows traders to select from various payment methods, such as credit cards and wire transfers. Deposits in ZAR can also be accepted; OZOW mobile money service also supports Eurotrader deposits. Their user-friendly website and mobile app make managing your account from anywhere easier while you can even set a risk limit to safeguard your investments.
Trading conditions
Eurotrader offers an exceptional trading environment with its four different account types: Micro, Zero and Hero accounts. Micro is an affordable way to start, Zero requires a minimum deposit of $500 with reduced spreads and commissions while Hero accounts cater specifically for professional traders with extensive experience. Eurotrader provides access to an impressive variety of tradable assets including currency pairs, cryptocurrency derivatives and stock CFDs from some of the biggest global companies.
Broker offers free demo accounts which provide new traders the perfect way to get acquainted with their platform and trading conditions before making real money deposits. They even allow virtual funds trading via their MT4/MT5 accounts to help build confidence amongst beginners.
CySEC and FSCA in South Africa regulate this broker, and it abides by both bodies by keeping client funds completely separate from its assets. Furthermore, it offers an impressive variety of tradable assets as well as great rebate plans.