- What is Equiti?
- Equity Pros and Cons
- Is Equiti safe or a scam?
- Market Instruments
- Deposits and Withdrawals
- Customer Support
Our Review Method
- Financial Experts at 55Brokers with 10+ years of experience in Forex Trading check trading offerings including fees, platforms, spreads, verified regulations, contacted customer service, and placed traders to see trading conditions and give expert opinion about 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 brand Equiti Jordan, Dubai (Read about forex trading in UAE), Nairobi, London, Auckland, Miami, and Yerevan.
What type of broker is Equity?
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 good regulation and proposal with NDD execution, various account types and competitive spreads and commissions.
For the negative side, Trading conditions may vary according to entity rules, there is No 24/7 support and First deposit requirement is rather high.
|Global expand and focus on MENA region ||Trading conditions may vary according to entity rules|
|swap-accounts and Islamic Accounts||The first deposit requirement is rather high|
|Good range of trading tools||No 24/7 support|
|Tailored proposal for beginners and professionals|
|Low commission trading fees|
Equiti Review Summary in 10 Points
|🗺️ Regulation||JSC, FCA, SCA, CMA, CBA, FSA|
|📉 Instruments||Forex and CFD, Precious Metals, and various Partnerships|
|🖥 Platforms||MT4, WebTrader|
|💰 EUR/USD Spread||1.4 pips|
|💰 Base currencies||Several currencies available|
|🎮 Demo Account||Available|
|💳 Minimum deposit||$500|
|📚 Education||via Equiti project – Academy|
Overall Equiti Ranking
Based on our Expert finds and reviews, Equiti is considered a good broker with reliable service and very favourable trading conditions, that are suitable for beginners or experienced traders. The broker offers competitive spreads and low fees backed up by a good selection of educational materials
- Equiti Overall Ranking is 8.8 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.
|Advantage||Tight Spreads||Instrument||Low deposit|
Equiti Alternative Brokers
However, Equiti instrument offering is mainly limited to Forex and CFDs, also international entity provides different trading conditions and range. Another disadvantage is the high minimum deposit and the support is not available on Sundays see our selection of Alternative Brokers below:
Over the years of operation, Equiti has been recognized and awarded by the trading community, it was recognized by numerous awards for its strives, which the broker received regularly along with the great reviews from traders themselves. Here have a look at some of the awards gained Equiti:
Is Equiti safe or scam?
Equiti is considered a trustworthy and low-risk broker for Forex and CFDs. The broker is regulated by top-tier FCA regulators which ensures clients’ protection through compensation scheme and negative balance protection.
Is Equity legit?
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 complied with its operation with best practices and safety measures.
Equity operates mainly in the Middle East market through Equity 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.
See our conclusion on Equiti Reliability:
- Our Ranked Equiti Trust Score is 7.9 out 0f 10 for good reputation and service over the years, the broker holds an FCA license which is a great safety indicator. The main point is that it holds several offshore entites
|Equiti Strong Points||Equiti Weak Points|
|Regulated broker in various jurisdictions||Regulatory obligation vary according to entity|
|Licenses from Dubai and Jordan for legit MENA regions|
|FCA and ESMA overseeing|
|Negative balance protection|
|Global expand |
Overall, various regulations and authorities require a number of rules that set a reliable environment for investors or traders. All individual clients of Equiti Group will have their money fully segregated, in accordance with client money rules, which protects your funds and guarantees its safe kept along with participation in compensations in case of insolvency.
What leverage is available with Equiti?
Equiti offers leverage up to 1:500 opening the way to use a bigger trading size compared to your initial balance and maximizing capabilities. Yet, the maximum leverage also depends on the Equiti entity you trading with.
Means, that if your trading account is opened under the UK FCA regulation, the maximum leverage is allowed set to a 1:30 for Forex instruments, while regulations in MENA regions still allow floating higher levels of leverage.
Besides, you should always choose leverage accurately and always consider necessary risks since high leverage can significantly play against you too.
Equiti offers two account types whether the trader is a new one or a professional one. At the very beginning you can sign in within minutes for Demo account, known as practice account where you can check trading conditions and see Equiti trading environment.
|Fast account opening||None|
|Account types suitable for various trading sizes or styles|
|Option between spread and commission basis accounts|
|Professional trader programs|
- Executive Account built for intermediate traders offers a mix of investment choices through market execution and average spread from 1.6 pips. The account enables trading with no commission charges, all costs are included in a spread and the minimum deposit is 500$.
- Equal opportunities along with the flexibility to trade on a professional level enabled through Premiere Account. While the account features more competitive trading terms and a variety of services, yet requires a balance of 20,000$ and shows with average FX spreads 0.4 pips and commission of 70USD per 1 million traded.
As the company locates in the Arabic world, the traders that require specific terms are welcomed also. Alike swap-free or Islamic accounts are available to those who follow Sharia rules.
Does Equiti offer a demo account?
Yes, Equiti provides a demo account. You can open a free Demo account with a balance of $10,000 in simulated funds to test the platform and your trading strategies on live markets in a risk-free environment.
So operating NDD execution the range of liquidity providers includes the world’s largest banks with the comprehensive product and service offerings across asset classes. Which includes Forex and CFD, Precious Metals, and various Partnerships.
Most popular commutations and global indices with shares for over 155 successful companies are traded on a CFD basis so be sure to learn about trading risks and how to trade the instruments.
- Equiti Markets Range Score is 8.9 out 0f 10 for wide trading instrument selection, a wider range is only available for International Clients
At Equiti there two different fee conditions according to the account type and trader you are. So the first Executive account will offer a spread only basis and the Premiere account is built in commission charges.
In addition, you should also consider an overnight policy which applies in case the trading order is held longer than a day, or unless you trade through swap-free account. In this case rollover fee, swap or overnight fee will be applicable to the position. See an example below.
- Equiti Fees are ranked low with overall rating 8.5 out of 10 based on our testing and compared to over 500 other brokers. Fees might be different based on entity offering, see our finds of fees and pricing in the table below
|Fees||Equiti Fees||RoboForex Fees||FxPro Fees|
The trading costs are offered with variable spread offering through the market execution, a straightforward pricing model that is devoid of unnecessary mark-ups, incentives or fees. See a comparison table below, you can also see also fees of another popular broker FP Markets.
- Equiti Spreads are ranked low with overall rating 7.9 out of 10 based on our testing comparison to other brokers. We found Forex spreads are slightly higher than the industry average
Various currency pairs or instruments defining specified fee terms or conditions which are available via trading platform. Here for our reference we compare Equiti fees and spreads, also considering other market proposals.
|Asset/ Pair||Equiti Spread||RoboForex Spread||FxPro Spread|
|EUR USD Spread||1.4 pips||1.4 pips||1.2 pips|
|Crude Oil WTI Spread||3||4.2||5|
|Gold Spread||20 cents||1 point||27|
Deposits and Withdrawals
Another important note in our Equiti review is deposits and withdrawals methods or simply how you can send and receive money from the trading account. Obviously conditions and laws are different in each country, while all transactions and requests are seen and done via you online account field.
- Equiti Funding Methods we ranked Excellent with overall rating 8.9 out of 10. However, minimum deposit is large
Here are some good and negative points for Equiti funding methods found:
|Equiti Advantage||Equiti Disadvantage|
|Fast digital deposits||Payment methods vary according to regulation|
|No internal deposit fees||Some of the methods apply an additional fee for withdrawal|
|Most of withdrawal fees options are covered||High first deposit requirement|
|Multiple Account Base Currencies
Payment options that allow you to fund an account including the range of the convenient payment methods alike Cards payments, Bank Wire transfers or e-payments through Neteller or Skrill.
What is the minimum deposit for Equiti?
Equiti minimum deposit is 500$ for first grade account.Professional accounts require even more, 20,000$ which is quite a big amount compared to other CFD brokers.
Also, there are minimums set to e-payment providers like Neteller and Skrill which demand a minimum of 50$ for you to transfer at any time.
Equiti minimum deposit vs other brokers
||Most Other Brokers
While the overall process to make a deposit or withdraw fund from or to an account is a straightforward process that takes a little of time, Equiti covers all payments fees means there are no any charges on deposits or withdrawals waived to you, yet e-payment withdrawals may cost 1% per transaction.
However, the traders of different residence should check the availability of the particular payment or another, in terms of availability as well as regards to the applicable fees.
Equiti Trading Platforms
Equity supports the MetaTrader4, the most used choice between the traders along with a Web version WebTrader – EQTrader that provides instant online access to trading.
- Equiti Platform are ranked Excellent with overall rating 8.2 out of 10 compared to over 500 other brokers. We mark it as excellent being one of the best proposals we saw in the industry, and a great range including MT4, MT5,
Trading Platform Comparison to Other Brokers:
|Platforms||Equtit Platform||Pepperstone Platform||XM Platform|
The main version is of course the desktop platform with full capabilities and available tools. MetaTrader4 is also not a surprise choice from the broker, as it offers multi-asset trading flexibility with advanced charting package and enhancement of 30+ technical indicators, along with truly powerful trading features.
In order to optimize and apply various strategies or to automate trading, you have an option to choose from the powerful MT4 EAs. In order to do so, the trader only selects from the range of tools in a marketplace and customize its own MT4 interface, which is a truly efficient way to trade.
Moreover, the Equity broker provides free research tools with insightful technical analysis reports and sophisticated pattern recognition tools that bringing trading even further, the tools are available in all accounts to all clients.
However, if you prefer easy accessible platform right from your browser and simple capabilities Web Platform is available at your choice as well.
Mobile trading of course supported too, actually Equiti mobile app is quite well designed and easy to use from any device allowing to stay updated on the go.
Customer Support of Equiti available in various international languages and operating 24 hours a day, 6 days a week. You may either Live chat with the support or call them via phone lines, while we found customer service quite responsive and helpful.
- Equiti Support is ranked Excellent with overall rating 8.9 out of 10 based on our testing. We got some of the fastest and most knowledgeable responses compared too other brokers
See our find and Ranking on Customer Service Quality:
|24/6 support||No 24/7 support|
|Relevant and quick answers|
|Live Chat, International Phone Lines and email|
The educational sources combined into the Equiti project – Academy, which combines various learning materials through video, webinars, guides, seminars and many other analytical necessary data.
Besides, there is an online Newsroom where you can get all the latest updates and News, which are very useful for everyday trading and your updates.
- Equiti Education ranked with overall rating 8.2 out of 10 based on our research. Equiti provides very good quality Education Materials, excellent research, also cooperates with market leading providers of data
Equiti Review Conclusion
Overall, our experts find Equity review is about a broker, which establishes an international offering to trade a range of instruments through the market execution, transparent pricing model and multiple customer support. The broker mainstays at the market-leading MT4 platform, which is a plus to all kinds of traders, from the beginners to veterans. Also, with its focus on MENA region, there are some good opportunities with swap-free accounts and tailored solutions.
Based on Our findings and Financial Expert Opinion Equiti is Good for:
- Beginning Traders
- Professional Traders
- EAs running
- Copy Trading
- Scalping / Hedging Startegies
- Traders who prefer MT4 or MT5 platform
- Currency Trading and CFD Trading
- Suitable for a Variety of Trading Strategies