Equiti Review

1. What is Equiti?
2. Equiti Pros and Cons
3. Regulation and Security Measures
4. Account Types and Benefits
5. Cost Structure and Fees
6. Trading Platforms and Tools
7. Trading Instruments
8. Deposit and Withdrawal Options
9. Customer Support and Responsiveness
10. Research and Education
11. Portfolio and Investment Opportunities
12. Account Opening
13. Additional Tools And Features
14. Equiti Compared to Other Brokers
15. Full Review of Broker Equiti

What is Equiti?

Equiti Group Ltd is the parent company of some of the most progressive FX and CFD brands and prime brokerage providers in the industry. With over 150 global staff and 24/6 customer service, Equiti provides clients with access to individual, corporate, and institutional brokerage services across various affiliates and subsidiaries.

• Equiti is a global brand name used by a group of companies that serve corporate and institutional services globally through decentralized international offices. The company maintains offices in Amman and operates under the brands Equiti Jordan, Equiti Dubai (Read about forex trading in UAE), Nairobi, London, Auckland, and Yerevan.
• The company goal is to provide an easy, safe, and productive trading experience that is achieved by innovative technologies through NDD and bridged ECN execution technology, professional educators, transparency, and excellent service.
  

Equiti Pros and Cons

Our experts find Equity a reliable broker with NDD execution, various account types, and competitive spreads and commissions. The broker is well-regulated, holding multiple licenses from top-tier authorities. Also, it provides security through segregated accounts and compensation schemes. Another advantage of the broker is its $0 minimum deposit. Combined with a great educational section, the broker is a good choice for beginner traders.

On the negative side, trading conditions may vary according to entity rules, thus traders should check the conditions for their country and region carefully. Another downside is the absence of 24/7 support.

Equiti Features

Equiti is globally recognized for its high-quality, reliable services, and its trustworthy practices are reinforced by regulation in six global regions. During its operation the broker has gained many awards, also the trust of many clients all over the world. Here we will show the main aspect of Equiti for traders to form the initial idea about the broker and its offerings:

Who is Equiti For?

Based on Our findings and Financial Expert Opinions Equiti is Good for different strategies and trading needs, including the following:

• Beginning Traders
• Professional Traders
• Traders from the MENA region
• International Traders
• EAs running
• Copy Trading
• Scalping / Hedging Strategies
• Traders who prefer the MT4 or MT5 platform
• Currency Trading and CFD Trading
• Suitable for a Variety of Trading Strategies

Equiti Summary

Overall, our experts find that Equiti offers a robust brokerage service, providing an international trading experience to trade a range of instruments, gain access to a transparent pricing model, and good customer support.

The broker relies on the market-leading MT4 and MT5 platforms, which is a favorable choice for all kinds of traders, from beginners to professionals. Also, with its focus on the MENA region, there are some good opportunities with swap-free accounts and tailored solutions.

55Brokers Professional Insights

Equiti is among reliable companies with quite diverse trading offering and good range of trading products for traders who prefer NDD execution and MetaTraders platforms. In fact, Broker places great focus on MENA region so is favorable choice due to tailored solutions available like islamic accounts or swap-free trading. Also, one of the broker’s advantages is absence of minimum deposit, making it a favorable choice for beginners, also for its education and research sections available, which equips traders with market knowledge and skills. The fee structure is also among competitive, but mainly in line with the market average, spread based account is slightly higher spread as majority of Brokers but still good, considering this we would better sign for commission based account as it is more competitive, but of course is personal choice based on strategy too.

Overall, we mark Equiti as among Broker to consider, while all in all its proposal is mainly similar to many other competitors, the Broker is well regulated, conditions are fine so the choice is all yours. While the Broker mainstays on popular software which is widely regarded by traders, in case you prefer other trading platforms like cTrader or proprietary tools, also seeking lowest spreads Broker better check other Brokers offering too.

Consider Trading with Equiti If:

Avoid Trading with Equiti If:

Regulation and Security Measures

Score – 4.5/5

Equiti Regulatory Overview

Equiti Group operates through a range of established offices, which are regulated and compiled according to various regulations and hold necessary licenses. It means the broker fully complies with its operation with best practices and safety measures.

Equiti operates mainly in the Middle East market through Equiti Limited Jordan – a registered trade name in Jordan. Additional entities are registered in the United Arab Emirates, and in the UK and authorized by the Financial Conduct Authority.

How Safe is Trading with Equiti?

Various regulations and authorities set a number of rules to ensure a reliable environment for investors or traders.

• Equiti Group segregates the funds of all its individual clients completely in accordance with the client money rules. That indicates that traders’ funds are not allowed to combine with the broker’s running accounts for greater security. Secondly, clients have compensation schemes that cover them against the broker’s unlikely insolvency.

Consistency and Clarity

Equiti is a broker with multiple licenses, tight regulation from six authorities, also its offerings have enhanced over the years which proves company steady and stable performance. We found that the broker is also appealing to traders, having their loyalty and high regard. Most of the real reviews from clients are positive, showing that traders stay with the broker for many years.

The broker offers good security measures, protecting its global clients by safeguarding private data, offering transparent conditions, and a good fee structure. All in all, Equiti is a broker that has stayed consistent in its services and enhancements, offering traders conditions in line with the market expectations.

Account Types and Benefits

Score – 4.6/5

Which Account Types Are Available with Equiti?

Equiti offers its clients two main account types – Standard and Premier. Each account type offers different conditions, meeting different trading needs. So, traders can choose an account type based on their skills, the offered fee structure, minimum required deposits, and other features. However, both Standard and Premier accounts give access to both MT4 and MT5 platforms, with available leverage up to 1:2000, depending on the entity under which the account is registered.

Standard Account

This account type is ideal for new to intermediate traders. It has no minimum deposit, which is favorable, especially for new traders who want to start with no or very minimum fund investment. The fee structure between the accounts is completely different. Standard accounts integrate all costs into spreads, with the average spread being 1.4 pips, with 0$ commission. The account is compatible with mobile, desktop, and tablet, with Advanced market analytics, live market news, and instant notification. The account base currency is USD.

Premier Account

The Premier Account is suitable for advanced and high-volume traders, with deposits starting from $100. The account is commission-based, with $3.5/lot per side commission and spreads starting from 0.0 pips. The account gives access to advanced tools, market analysis tools, live market news, and more. The account base currency is USD.

Regions Where Equiti is Restricted

Although Equiti accepts traders globally, offering its services to a wide list of countries and regions, due to regulatory restrictions and other conditions Equiti does not accept clients from a long list of countries:

• Afghanistan
• Bahamas
• Belarus
• Belgium
• Burundi
• Bulgaria
• Central African Republic
• Croatia
• Congo Rep.
• Cote d’Ivoire
• Crimea Region
• Cuba
• Democratic Republic of the Congo
• Eritrea
• Guinea-Bissau
• Haiti
• Iran
• Korea, North
• Libya
• Mozambique
• Myanmar
• Namibia
• New Zealand
• Nicaragua
• Panama
• Philippines
• Somalia
• South Sudan
• Spain
• Sudan
• Syria
• Turkmenistan
• United States Minor Outlying Islands
• Virgin Islands (U.S.)
• Yemen
• Zimbabwe
• Russia
• United Kingdom
• USA
• Israel

Cost Structure and Fees

Score – 4.5/5

Equiti Brokerage Fees

The applicable costs of the broker depend mainly on the account type, as each account type offers a different fee structure – spread-based and commission-based, which gives traders an opportunity to choose the accounts based on their investment plans and preferences. You can see a breakdown of the Equiti cost structure below:

• Equiti Spreads

Since Equiti Broker spreads depend on the account type you trade through, for Standard accounts all the costs are integrated into spreads, thus there are no other transaction fees applied. The average spreads are 1.4 pips. Spreads also depend on the instrument traded, also the entity client opens an account with. With our tests the typical spread we got for EUR/USD is 1.4 pips, and the XAU/USD spread is 0.28.

As the Premier account type is commission-based with no spread but commission charge as broker fee.

• Equiti Commissions

Equiti offers a commission-based account too known as aPremier, which is more suitable for advanced traders and those clients who prefer raw spreads and fixed commissions as main trading cost. The applicable commission per side per lot is $3.5. This is considered a competitive offering, in line with the market average. For the Standard account, there are no commissions as all costs are included in spreads.

• Equiti Rollover / Swap Fees

The swap fees should be constantly checked by traders per product, as they might change due to market movements. Swap fees depend on the instruments traded and the short or long positions. Long swaps for EU/USD are -8.168, while for the short position 4.086.

How Competitive Are Equiti Fees?

We have compared the Equiti Fee structure to other brokers in the market to see how competitive they are. The costs of the broker in general depend on different conditions, from the account type chosen to the traded instrument and, of course, the entity.

Equiti with its two main account types offers spread-based and commission-based accounts overall is considered as good cost Broker. Yet, for the standard account the offering is slightly higher than majority of competitors, however still in line with the market average. As to commission account it is better choice then since commission we find is among typical market offering and provides clear and transparent conditions. Overall, what we liked about Equiti’s fee structure is the transparency it offers, all costs may be found on site also are clearly specified at the platforms.

Equiti Additional Fees

The additional fees charged by Equiti are pretty common, and similar to most of the brokers. The broker does not charge any deposit or withdrawal fees, however the payment providers can still incur some fees. As to the Inactivity fee, Equiti does not charge fees for inactivity, yet, Demo accounts that have not been active for 90 days expire and cannot be used further. Also, Equiti charges currency conversion fees for transactions that are made in currencies different from the account’s base currency.

Trading Platforms and Tools

Score – 4.5/5

With Equiti traders have access to the popular MT4 and MT5 platforms, with a wide range of trading tools and advanced features available. Also, traders have access to MQ WebTrader, which enables trading on the MT4 and MT5 platforms through a web browser with no need for installation.

Equiti Web Platform

Equiti enables trading through a web browser, which, for many traders, is the ideal option to trade with no need for installation. This is especially suitable for those who often change their devices. Equiti enables access to both MT4 and MT5 web platforms.

Traders can use enhanced features and tools, such as timeframes, technical indicators, and good charting tools. All the essential trading functionalities, real-time quotes, charting tools, and order execution are available, which guarantee an excellent trading experience.

Main Insights from Testing

Equiti’s WebTrader allows traders to analyze markets and execute trades directly from the browsers. The WebTrader is easily accessible and can be opened from different devices. Webtrader enables good analysis tools and features, charts, technical indicators, and fast order execution. Traders can perform trading, analyze market data, and make use of sophisticated charting studies – a perfect solution both for beginner and professional traders who prioritize convenience and functionality.

Yet, compared to desktop versions the Webb software for trading is indeed more limited and features less available capabilities.

Equiti Desktop MetaTrader 4 Platform

Through the MT4 platform, clients can trade Forex, indices, commodities, shares & ETF CFDs from their Standard or Premier accounts. The platform does not apply any fees, and trades can be conducted from various devices, such as mobile, laptop, or tablet. MT4 gives access to 80 trading tools, MQL4 programming language, 3 Order Execution types, 4 Pending Order types, and 9 Time Frames.

Besides the MT4 desktop platform enables access to various features, including Single-thread Strategy Tester, Market Watch Data, and Table Reports. The platform also allows different strategies like Hedging.

Equiti Desktop MetaTrader 5 Platform

Equiti MT5 Desktop platform gives access to CFD Commodities,  Oil CFDs, Precious Metals, Gold CFDs, Shares and ETFs, and CFD Indices. The platform provides enhanced market depth and very fast execution. Traders gain access to multi-thread strategy tester, market watch data and table reports, full Economic Calendar, and more.

Also, the MT4 platform is equipped with 88 built-in EAs and Trading Robots, four order executions, six pending order types, 21 time frames, and over 100 customizable charts.

Equiti MobileTrader App

The Equiti MobileTrader App is a proprietary mobile platform provided by Equiti, enabling trading on the go. With this platform, clients can trade forex and a wide range of CFDs on indices, commodities, shares, ETFs, and futures. The app offers real-time market data, order execution, access to different strategies, and management of funds directly from the phone. To be able to install the app traders need to have iOS 12+ or Android 7.1+.

Main Insights from Testing

We found that Equiti mobile app allows instant notifications, in-app support, interactive TradingView charts, transparent activity logs, a full Economic Calendar, free risk and analytical tools, and $0 platform fees. All these features together make Equiti mobile app an excellent choice for traders who look for flexibility and advanced tools on their mobile devices.

Trading Instruments

Score – 4.5/5

What Can You Trade on the Equiti Platform?

Our research shows that Equiti has more than 1500 available trading instruments. Yet, the exact number of instruments would be based on the account type and the trading platform used. The broker’s proprietary app boasts the largest set of instruments available to traders, targeting different strategies and offering opportunities for diversification. The various product range includes more than 60 Forex currency pairs, hence giving wide access to the international foreign exchange market with minor or popular Currency pairs available to trade.

This adequate offering makes Equiti a suitable choice for traders with various demands, from forex and indices to CFDs on stocks, commodities, and ETFs.

Below are listed the main trading products available at Equiti:

• FX pairs
• Indices
• Commodities
• Shares
• ETFs
• Crypto CFDs

Main Insights from Exploring Equiti Tradable Assets

Equiti offers an adequate range of instruments that will enable traders to diversify their trading and explore new opportunities. For its broad range of tradable assets, Equiti  is a good choice for both novice and seasoned professionals.
The broker has enhanced its product range with a wide selection of global indices, enabling traders to explore opportunities in major economies. This variety allows traders to diversify their strategies, refine their skills, and build comprehensive portfolios. Equiti’s asset selection supports a trading experience that caters to different levels of expertise and market interests.

Leverage Options at Equiti

When it comes to leverage traders should always choose it accurately and consider necessary risks since high leverage can significantly play against traders, too. The maximum leverage depends on the Equiti entity clients are trading with and the product traded alike, here are few examples of leverage or trading multiplier available at Equiti:

• FX products have a maximum fixed leverage of 1:500.
• With the UK FCA regulation, the maximum leverage allowed is set to 1:30 for Forex instruments.
• Equiti offers leverage up to 1:2000 on the Standard and Premier account types. This high leverage is available across selected products and mainly through its international entity.

Deposit and Withdrawal Options

Score – 4.6/5

Deposit Options at Equiti

With Equiti there are lots of ways to fund your trading account. The conditions and laws for money transfers are different in each country. To process internal transfers traders should enter the Equiti Portal. The broker allows the following funding methods:

• Credit/Debit Cards
• Bank Wire
• Neteller
• Skrill
• Crypto wallets
• CliQ (Jordan)
• Dinarak (Jordan)
• FasaPay
• GlobePay

Minimum Deposit

The minimum deposit for the broker is different based on the account type. For the Standard account, there is no minimum deposit. For the Premiere account, the minimum funding starts from $100. For the first deposit, Equiti may request proof of payment (such as a bank statement/screenshot), and afterward, all deposits using the same account and method will be made instantly.

Withdrawal Options at Equiti

While the overall process to make a deposit or withdraw funds from or to an account is a straightforward process that takes a little time, Equiti covers all payment fees so there are no charges on deposits or withdrawals waived to traders, yet e-payment withdrawals may cost 1% per transaction.

• However, traders from different countries should check the availability of the particular payment method, both in terms of availability and in regard to the applicable fees.
• Withdrawal may take longer to reach the trader’s account due to external payment processors. Requests of withdrawals can be made at any time and they are processed by the broker’s team on a daily basis.
• The withdrawal arrival time is different for different methods. For wire/bank transfers, it will take, on average, 3 to 5 working days. For Credit/Debit cards, withdrawals are processed within 1 to 14 working days (depending on your card issuer). Virtual Currency withdrawals take less time, usually from 1 to 2 working days.

Customer Support and Responsiveness

Score – 4.4/5

Testing Equiti’s Customer Support

Equiti offers customer support in multiple languages, enabling more accessibility for clients all over the world. The support team operates 24/6, catering to traders across various time zones. Customers can reach out through live chat for instant assistance or via phone lines.

The support team is knowledgeable and helpful, providing timely solutions both for beginner traders seeking guidance and professional traders requiring more technical assistance.

• Besides, Equiti has a FAQ section, which provides detailed answers to the most common questions that traders may have.

Contacts Equiti

Equiti offers its clients different available channels for communication and assistance:

• Live chat is the quickest way to get answers to any trading-related questions
• Email is another option for Equity clients to direct their questions to the support team with the address  support.sey@equiti.com
• Another way to contact the broker is through WhatsApp at +248 4671934
• Also, Equiti has multiple social media platforms, including Instagram, Facebook, YouTube, and LinkedIn providing the latest information for their clients

Research and Education

Score – 4.5/5

Research Tools Equiti

Equiti provides robust research tools and insights that are available right in the broker’s trading platforms. These include access to a variety of trading strategies and risk management guidelines. Advanced traders can get access to various tools regarding risk-reward analysis, mechanisms of leverage, and techniques of portfolio construction. Equiti also provides daily updates on the markets, offering in-depth economic calendars, technical analysis, and insight into global trends.

Here is the breakdown of all the research tools Equiti offers, while some available right from the platforms others accesible via Broker site:

Education

Equiti’s Trading Academy enables traders to improve their financial literacy, make smarter decisions, and learn the basics of trading by providing access to helpful articles on different topics like risk management, market analysis, and various strategies.

• Trading 101 provides traders with detailed articles on how to start trading

• Risk Management section helps traders to plan the trading to reach success, using risk management tools

• Market Analysis gives deeper insight into the market, enabling traders to trade based on professional evaluations and data.

• Trading strategies offer detailed insights into popular and proven techniques based on market research, historical data, and specific trading goals, assisting traders to align their trades with the current market conditions.
• Webinars are another way to assist traders, equipping them with market knowledge and skills. However, webinars’ availability might depend on the entity.

Is Equiti a Good Broker for Beginners?

Equiti’s trading conditions and features align with the needs of different traders, actively accommodating both beginner and advanced traders. The broker’s educational section is focused on articles and analyses that assist and guide its clients from the very beginning of the trading journey to more complicated and advanced strategies.

Besides, Equiti provides other favorable conditions for beginner traders, such as no minimum deposit option for its Standard account, good and comprehensive platforms, and a Demo account.

Portfolio and Investment Opportunities

Score – 4/5

Investment Options Equiti

Although Equiti offers a wide range of instruments and great trading conditions to its traders, it still is not suitable for those who are looking for traditional investments. Most of the broker’s trading products are based on CFDs, including ETFs and Shares. However, Equiti enables traders to invest in a few other available ways:

• Equiti enables traders to access Copy trading where traders can follow expert strategy providers and copy their positions. Copy trading is beneficial for both advanced traders and beginners, as it saves a lot of time for traders, and diversifies their portfolios. Traders should open an Equiti Copy account and log in to the Equiti Copy platform to start copying trades.
• Equiti also offers MAM accounts, which enable Money Managers to trade on the trader’s behalf. The managed account is not an MT4 trading account and is only accessible from the client’s managed account portal. This virtual account can be connected to the money manager’s program which can monitor the trades on the client’s account.

Account Opening

Score – 4.4/5

How to open a Demo Account?

Demo accounts are a great option for practicing and gaining trading experience before switching to a live account. Here are the main steps to open a Demo account:

• Visit the Equiti Website, enter into Equiti’s portal, and select the option for a demo account
• Provide required information, such as name, country of residence, etc.
• When the registration is completed, you’ll receive an email with your demo account login credentials and the MetaTrader download link
• To practice you will receive $10,000 in virtual funds
• You can choose the platform, account type, and other features you prefer to conduct trading
• Start trading and practice different strategies to gain experience

How to Open an Equiti Live Account?

Opening a live trading account with Equiti is a quick and straightforward process. Here are the steps to follow to open an account:

• Click on the “Open an Account” on the broker’s website
• Provide the required information for quick registration
• Upload the proof of identity and other necessary documents
• It will take some time for the broker to review the application and check for validity
• Once approved, you’ll receive an email with login credentials for the client portal
• Afterward, access the client portal to make the first deposit

Additional Tools and Features

Score – 4.4/5

In addition to the good tools and features that Equity already provides its clients on its platforms, the broker also has a few additional offerings that elevate the trading experience and bring some extra benfits and opportunities to traders:

• Equiti’s Refer a Friend feature enables clients to earn up to $100 for every friend they invite to trade with Equiti. The more referrals they collect, the more rewards they get. Bigger deposits and trading volumes mean bigger rewards.
• Economic Calendar helps to track major financial events and economic data that may lead to market changes. The calendar also provides schedules of events, influencing trends, earnings reports, IPOs, and other announcements.
• Market Minutes is a section within Equiti’s Market News that updates its clients on the latest events around the market. These briefings range from economic indicators and market movements to big financial events. The main purpose of Market Minutes is to keep traders informed about factors influencing market dynamics, including economic policies, geopolitical events, and the performance​ of certain assets.

Equiti Compared to Other Brokers

When compared to other brokers in the market, Equiti has certainly some advantages, but in general, it corresponds to the average market level for its trading proposals. When it comes to regulation and safety, the multiple top-tier licenses provide a guarantee that the regulatory oversight will be stricter compared to, for instance to BlackBull Markets or RoboForex, which are still good but less regulated.

With its 15,000 available trading instruments, Equiti, of course, enables diversity, yet it is still behind some brokers with intensive instrument offerings, such as ThinkMarkets, which offers more than 4000 tradable products. Equiti also has a great educational and research section, offering advanced tools and in-depth educational materials, while Eightcap, another trustworthy broker, is more modest with fewer materials and research features, yet HFM and XM education are better than at Equiti so might be more suitable for beginners.

On the flip side, Equiti’s spreads on forex pairs are slightly higher than competitors, yet, they are still in line with the market average. Also, the platforms selection is based on MetaTrader technology and no alternatives available, for this ThinkMarkets or XM might be better choices.

Full Review of Broker Equiti

With regulation in multiple regions like the FCA (UK) and JSC (Jordan), Equiti offers a secure trading environment for international clients. We found that the maximum leverage offered depends on the entity the account is registered with – 1:2000 in some jurisdictions, though in the EU, for instance, the leverage is limited to 1:30. Thus, this is something traders should check beforehand. As to spreads, Equity spreads begin from 0.0 pips on professional accounts, with a commission of $3.50 per lot, which might be attractive to high-frequency traders. However, the standard accounts have higher average spreads of around 1.4 pips. However, we find the broker’s fee structure quite competitive and transparent.

Another good point about Equiti is that it offers over 1500 instruments across forex, CFDs, cryptocurrencies, indices, and commodities. This kind of diversification in product offerings appeals to beginners and professional traders who are looking to expand their portfolios.

As to Equiti’s education, the available resources are comprised of webinars, articles, and market insights targeted at enhancing the trader’s skill and confidence. These tools are suitable for traders of all levels, offering valuable guidance and knowledge to enhance skills. Especially beginner traders can benefit from this type of educational variety. All in all, we find Equiti a well-regarded broker with favorable conditions that has its own place in the market and has accumulated a community of loyal traders over its operation.