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Score
China
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index6.34
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Since Etrans official website (https://www.etranstws.com/index.html) is now unavailable, we had to piece together as much information as possible on this brokerage house as a forex broker from other sources.
General Information
Etrans is supposed to be a newly-established forex broker, allegedly offering its clients a series of trading services. Etrans is pretty vague about who runs it and it does not disclose its founding time and registered office address, either. Since its official website cannot be opened, we were unable to obtain more information about its trading assets, leverage, spreads, commissions, trading platform, and more.
As far as we can tell, Etrans is not governed by any regulatory authorities, thus that bit of data is settled. As a result, its regulatory status on WikiFX is classified as “No License” and it only manages a score of 1.21 out of 10 overall. Don't be oblivious to the potential danger.
Customer Support
Worryingly, we were unable to locate any working contact methods for contacting Etrans. Consequently, you will not be able to get in touch with this broker quickly if there are issues with your trading procedure. What's more, if you have trouble making a withdrawal, any money you may have lost is gone for good.
Risk Warning
There is a considerable degree of risk involved with online trading of leveraged Forex and CFD instruments, and as a result, it may not be appropriate for all investors.
Please keep in mind that the data presented in this article is meant to serve as a guideline only.
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