Etiq Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2021-04-27 16:50

Abstract：Etiq Markets is a Canadian forex brokerage firm consisting of a group of experienced financial market professionals. The core of the company's philosophy is integrity, transparency, security, and the absence of any dealing desk and any form of trading intervention between clients and the market. Etiq Markets operates worldwide, including China, Singapore, Indonesia, Malaysia, and other places. Etiq Markets is authorized by FINTRAC Canada as an MSB (license number: M20312814).

　　General Information & Regulation

　　Etiq Markets is a Canadian forex brokerage firm, Etiq Markets operates worldwide, including China, Singapore, Indonesia, Malaysia, and other places. Etiq Markets is authorized by FINTRAC Canada as an MSB (license number: M20312814).

　　Market Instruments

　　Tradable financial instruments offered to investors by Etiq Markets include forex currency pairs on the Forex market, stocks, indices, and precious metals.

　　Minimum Deposit

　　Etiq Markets offer investors two types of trading accounts: ECN Elite and ECN Pro, with a minimum initial deposit of $50 for the ECN Elite account and $500 for the ECN Pro account.

　　Etiq Markets Leverage

　　With regard to trading leverage, Etiq Markets offer leverage level. Investors can choose from leverage of up to 1:100, 1:200, or 1:500 depending on their risk tolerance.

　　Spreads & Commissions

　　Etiq Markets' ECN Elite accounts have a minimum spread of 1 pip and no commission on Forex trading, while Etiq Markets' ECN Pro accounts have a minimum spread of 0 pip and a trading fee of $3.50 per lot (one side).

　　Trading Platforms

　　Etiq Markets offer traders the most popular MT4 trading platform available today. MT4 offers an easy-to-use user interface, enhanced charting capabilities, indicators, and supporting the MQL language. Traders can easily program indicators and run auto trading via EA 24/5 without any intervention.

　　Deposit & Withdrawal

　　Etiq Markets support traders to deposit funds to their investment accounts via local bank transfer (minimum deposit of $50), Neteller (minimum deposit of $10), Skrill (minimum deposit of $10) payment methods with no fees for deposits. Traders can withdraw funds via local banks with a minimum withdrawal of MYR 50 with no withdrawal fees, and via Neteller & Skrill with a minimum withdrawal of USD 10 with a 5% service fee.

　　Etiq Markets Pros & Cons

　　Etiq Markets advantages Include:

　　1. Affordable Minimum Initial Deposit

　　3. MT4 Available

　　Etiq Markets disadvantages Include:

　　1. Not rich in tradable assets

　　2. Limited options to deposit & withdraw funds