Score

7.11 /10
Good

Equiti

Seychelles

5-10 years

Regulated in Cyprus

Straight Through Processing(STP)

Medium potential risk

Offshore Regulated

C
A

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Comparison

Quantity 3

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Score

Regulatory Index6.32

Business Index7.27

Risk Management Index8.90

Software Index8.39

License Index6.40

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Licenses

VPS Standard
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Single Core

1G

40G

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Broker Information

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Company Name

Equiti Brokerage (Seychelles) Limited

Company Abbreviation

Equiti

Platform registered country and region

Seychelles

Company website

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Company summary

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WikiFX Risk Alerts
Previous Detection : 2024-09-29
  • The Seychelles FSA regulation with license number: SD064 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Equiti · Benchmark
Average transaction speed(ms)
300 Great
The highest transaction speed(ms)
179
The highest speed of opening positions(ms)
31 Perfect
The highest speed of closing position(ms)
179 Good
The lowest speed of opening positions(ms)
587 Perfect
The lowest speed of closing position(ms)
1940
Ranking: 110 / 132
Test user 233
Transactions 2,727
Ocuppied margin $405,500 USD
Data Source WikiFX Data provide
Updated: 2024-09-27 01:09:00
Pyramid scheme complaint
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Equiti · Company summary
Broker NameEquiti
Legal NameEquiti Brokerage (Seychelles) Limited
Company Number7216039
Year of Incorporation2010
Registered LocationUnited Kingdom
Business TypeGlobal provider of Forex and CFD liquidity
Client TypeProfessional and ECP (Eligible Counterparty) clients
Trading PlatformsMT4 (MetaTrader 4), MT5 (MetaTrader 5)
Support Hours24/5
Support LanguagesMultilingual

What is Equiti?

Equiti, a trading name of Equiti Brokerage (Seychelles) Limited is a company incorporated with limited liability under the laws of the Republic of Seychelles, under registration number 8428558-1, with its registered address at First Floor, Marina House, Eden Island, Republic of Seychelles. The broker presents itself as a global provider of bespoke Forex and CFD liquidity for professional and ECP clients. It claims to provide its clients with the industry-standard MT4 and MT5 trading platforms, as well as 24/5 multilingual support services. Here is the home page of this brokers official site: https://www.equiti.com/sc-en/.

What is Equiti?

Regulatory Status

Strong business ethics and regulatory compliance are at the core of everything.

Equiti is licensed & regulated by Financial Conduct Authority – UK ,Equiti Capital UK Limited License FRN. 528328

Securities and Exchange Commission - Cyprus, Equiti Global Markets Ltd License No. 415/22

CYSEC Regulation

Securities and Commodities Authority – UAE,Equiti Securities Currencies Brokerage LLC License No. 20200000026

Financial Services Authority – Seychelles, Equiti Brokerage (Seychelles) Ltd License No. SD 064

Capital Markets Authority – Kenya, EGM Securities Limited License No. 107

Jordan Securities Commission Equiti Group Limited (Jordan), License No. 50248

Central Bank of Armenia, Equiti AM CJSC License No. 0011

Mauritius Financial Services Commission, Pre-approved license as of Jan 2024

Regulatory Status

Market Instruments

Equiti advertises that it is a forex & CFD Liquidity provider that offers some tradable products such as Forex pairs, Shares, Commodities, Indices, ETFs and Cryptocurrencies.

Account Types

Equiti offers two distinct trading account options, Standard and Premier.

The Standard Account is ideal for new to intermediate traders. It offers a high leverage of up to 1:2000 and average spreads of 1.4 pips. There is no minimum deposit requirement, making it accessible for beginners or those looking to test the platform with minimal financial commitment. This account also boasts $0 commission on trades, supports trading via MT4, MT5, and MQ WebTrader platforms, and is compatible across mobile, desktop, and tablet devices. Traders can benefit from advanced market analytics, live market news, and instant notifications.

The Premier Account, on the other hand, is tailored for advanced and high volume traders. It provides the same high leverage of up to 1:2000 but with tighter spreads starting from 0.0 pips. This account requires a minimum deposit of $100 and charges a commission of $3.5 per lot per side. Like the Standard Account, it supports MT4, MT5, and MQ WebTrader platforms and is fully compatible with mobile, desktop, and tablet devices. Premier account holders also enjoy advanced market analytics, live updates on market news, and instant notifications.

FeatureStandard AccountPremier Account
Signup FeeFreeFree
Account CurrencyUSDUSD
LeverageUp to 1:2000Up to 1:2000
SpreadsAverage of 1.4 pipsFrom 0.0 pips
Minimum DepositNo minimum deposit$100
Commission$0$3.5 per lot per side
Trading PlatformsMT4, MT5 & MQ WebTraderMT4, MT5 & MQ WebTrader
Device CompatibilityMobile, desktop, and tabletMobile, desktop, and tablet
Market AnalyticsAdvancedAdvanced
Market NewsLiveLive
NotificationsInstantInstant
Ideal ForNew to intermediate tradersAdvanced and high volume traders
Account Types

Demo Account

Equiti offers a free demo trading account that allows traders to practice strategies using simulated funds on the MT5 platform. Traders can open up to three demo accounts, each valid for 90 days, and reset their virtual balance to $10,000 anytime via the Client Portal. Demo accounts expire after 90 days of inactivity. To transition from a demo to a live trading account, users need to register for a live account on the Equiti Portal, verify their email, and make an initial deposit. This setup enables both new and experienced traders to test trading strategies risk-free before engaging in live markets.

Demo Account

Trading Platform Available

Equiti offers the MetaTrader 5 (MT5) platform, a sophisticated multi-asset online trading platform renowned for its advanced capabilities. MT5 provides traders with comprehensive market analysis tools, enabling them to trade efficiently across global financial exchanges without the need to switch devices. The platform supports a wide array of order types including hedging, netting, trailing, pending, and stop orders, enhancing flexibility in trading strategies.

Key features of MT5 include:

  • Extra Market Depth: The Depth of Market (DOM) window on MT5 allows traders to view and trade based on real-time prices, whether current or pending.
  • Analytical Tools: MT5 is equipped with advanced trading technology that supports the use of trading robots and Expert Advisors (EAs), helping to analyze quotes and refine trading strategies through artificial intelligence.
  • Device Compatibility: MT5 is designed to operate seamlessly across various devices including desktops, tablets, and mobile phones, ensuring traders can manage their activities conveniently on the go.
  • Live Market News: Traders have access to live market updates and a full economic calendar directly on the platform, aiding in informed decision-making based on the latest market trends.

Overall, MT5 on Equiti provides a robust environment for trading with top technological tools and flexible order options, catering to both seasoned traders and those new to online trading.

Trading Platform Available

Deposit & Withdrawal

Equiti offers a variety of payment methods for deposits and withdrawals, accommodating different currencies and processing times. Credit card transactions with Equiti Prepaid Card, Mastercard, and VISA are processed instantly for deposits and within 1-2 days for withdrawals, with no associated fees. Bank wire transfers accept major currencies like USD, GBP, and EUR, taking 1-5 days for deposits and 1-3 days for withdrawals with a $30 fee on withdrawals.

E-wallet options such as Neteller and SKRILL provide instant deposit processing and 1-2 days for withdrawals; withdrawals incur a fee of 1% up to $30. Crypto transactions through wallets like USDT, BTC, and ETH are processed instantly for deposits and within one day for withdrawals without any fees, although conditions apply. Local solutions vary in processing times and fees depending on the specific service used. This setup ensures that clients have multiple secure and efficient ways to manage their funds with Equiti.

Payment MethodAccepted CurrenciesFeesDeposits Processing TimeWithdrawals Processing Time
Credit CardsUSD, JODNoneInstantInstant (Prepaid Card); 1-2 days (Others)
Bank Wire TransferUSD, GBP, EUR, AED, etc.None for deposits; $30 for withdrawals1-5 days1-3 days
E-Wallets (Neteller, SKRILL)VariousNone for deposits; 1% up to $30 for withdrawalsInstant1-2 days
Crypto WalletsUSDT, BTC, ETH and moreNone*Instant1 day
Local SolutionsVariousDependent on solutionSolution dependentSolution dependent
Deposit & Withdrawal
Deposit & Withdrawal

Educational Resources

Equiti offers a robust suite of educational and analytical resources designed to enhance trading knowledge and decision-making:

  1. Assets Overview: Equiti provides a multi-asset market analysis dashboard powered by AI, which evaluates opportunity scores for various symbols based on multiple indicators. This tool helps traders quickly identify potential trading opportunities.
  2. Signal Centre: The Signal Centre offers up to 40 trade ideas daily, with specific entry points, stop losses, and take profit suggestions. These ideas are generated through a combination of human-led analysis and AI, updated three times a day to cover the EU, US, and Asia trading sessions.
  3. Research Terminal: This advanced terminal uses AI to track news sentiment and market volatility, offering traders insights into potential trading opportunities. Market alerts and sentiment circles are provided to highlight shifts in news sentiment, aiding in the prediction of price movements.
  4. Economic Calendar: For traders involved in stocks, the economic calendar prepares them for key events like earnings reports and IPOs. It includes forecasts on the impact of these events and potential price ranges, helping traders strategize accordingly.
  5. Market News: Daily updates provide snapshots of significant financial news along with the latest data on asset performance. These insights offer in-depth analysis of market events, supporting smarter investment decisions.
  6. eResources: Equiti enriches traders' knowledge with a variety of free learning materials including expert insights, educational content, and live events designed to enhance trading skills and maximize trading potential.
Educational Resources

Customer Support

Equiti provides comprehensive customer support through various channels to ensure effective communication and assistance.

Clients can contact support via email for detailed queries, use live chat for immediate responses, and engage with Equiti on social media platforms like Facebook, Instagram, and YouTube for updates and additional support. This multi-channel support system enhances accessibility and ensures prompt service for all users.

Customer Support
Customer Support

Conclusion

Equiti is a well-regarded trading platform that offers a wide range of financial instruments and advanced trading tools across popular platforms like MT4 and MT5. With robust regulatory backing from multiple authorities.

The platform provides various account types and competitive conditions, including high leverage options. Equiti's aim to supporting traders is evident in its comprehensive educational resources and responsive customer support available through multiple channels.

FAQs

What types of financial instruments can I trade with Equiti?

Equiti offers a wide range of trading instruments including forex, indices, commodities, stocks, cryptocurrencies, and CFDs.

What trading platforms are available at Equiti?

Equiti provides access to popular trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

How can I deposit or withdraw funds from my Equiti account?

Equiti supports multiple deposit and withdrawal methods including bank transfers, credit/debit cards, and e-wallets like Neteller and Skrill.

Can I trade on mobile devices using Equiti?

Yes, Equiti supports mobile trading through apps available for both Android and iOS devices, allowing traders to manage their accounts and execute trades from anywhere.

News

NewsEquiti Group Launches FXPesa Academy in Kampala, Uganda

Equiti Group's FXPesa Academy, a financial education center, has opened in Kampala, Uganda. The institution aims to boost financial literacy, offering free seminars and money management training. The expansion aligns with Equiti Group's growth strategy to offer accessible financial education across Africa.

WikiFX
2023-05-23 10:35
Equiti Group Launches FXPesa Academy in Kampala, Uganda

NewsEquiti Group Expands Globally with New Office in Abu Dhabi Acquired New SCA License

Equiti Group, a leading fintech broker, has opened its 10th office in Abu Dhabi, becoming the first global fintech broker to have a physical presence in the capital of the UAE. The new office, located in the prestigious Etihad Towers, will offer state-of-the-art investment solutions, personalized services, and educational opportunities to investors in the region.

WikiFX
2023-03-01 15:27
Equiti Group Expands Globally with New Office in Abu Dhabi Acquired New SCA License

NewsUnfortunate Events in 2022, Periodic Shocks

Peaking inflation, policy changes, geopolitical turmoil, China's covid-19 restrictions, crypto downfall, an energy crisis, and rocking headlined recession fears all contributed to the equity market's meltdown, which fed into rising speculation and comparisons to the Dow Jones crash in 1930 and perhaps felt too familiar to the 2008' recession.

WikiFX
2023-01-03 17:00
Unfortunate Events in 2022, Periodic Shocks

NewsEquiti Group Acquires New Office In Limassol, Cyprus

Equiti Group, a renowned worldwide online broker, has announced the launch of its newest regulated office in Europe in Limassol, Cyprus, a month after revealing that it had secured a CySEC CIF license for its new business in Cyprus.

WikiFX
2022-11-15 13:37
Equiti Group Acquires New Office In Limassol, Cyprus

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abo ‎mohammad
3-6months
وسيط رائع ويمكن السحب والايداع بكل سهوله قمت بفتح حساب عندهم منذ سنتين وبفضل الله وتعاملهم الممتاز ولباقة الموظفين عندهم لم اواجه اي مشاكل خلال فترة سنتين معهم .شكرا لكم equiti على هذا التعامل الرائع
وسيط رائع ويمكن السحب والايداع بكل سهوله قمت بفتح حساب عندهم منذ سنتين وبفضل الله وتعاملهم الممتاز ولباقة الموظفين عندهم لم اواجه اي مشاكل خلال فترة سنتين معهم .شكرا لكم equiti على هذا التعامل الرائع
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2024-09-18 05:45
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Laysingr
more than one year
Great broker and outstanding customer service however, be careful choosing your account type. I spent a day trading a 1k raw spread demo account. I made a 23% gain (231$) on it only to be charged 170$ commission at the end. This left me 61$ after a days trading. How on earth am I expected to grow a live account with commission charges like that.
Great broker and outstanding customer service however, be careful choosing your account type. I spent a day trading a 1k raw spread demo account. I made a 23% gain (231$) on it only to be charged 170$ commission at the end. This left me 61$ after a days trading. How on earth am I expected to grow a live account with commission charges like that.
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2024-08-26 11:09
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