Etore -Some important Details about This Broker

General Information

As a commercial brand created by Etore Group (Etore Global Enterprises), Etore is devoted to providing all-round financial investment opportunities for increasingly growing base of worldwide customers. With Etore, customers can not only handle transactions and investments in various foreign currencies on the platform, but can also invest in CFD for a series of worldwide commodity futures, such as gold, silver, crude oil, and stock market indices. It hypes that it offers up to 1000:1 leverage and over low spreads on various instruments.

Market Instruments

Etore advertises that it offers different kinds of trading instruments, including forex, indices, stock, index and commodities. Some other trading assets like gold, silver and crude oil are also available.

Account Types

There are only one trading account offered by Etore, namely Standard. The standard account provides customers with a safe and convenient trading environment with up to 1000 times leverage. The minimum initial deposit to start a standard account is $1,000.

Leverage

In terms of trading leverage, the maximum level offered by Etore is quite generous, up to 1000:1. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

According to the official website, the spread is 1.2, however, there is nothing more specific about spreads and commissions.

Trading Platform Available

When it comes to trading platforms available, Etore gives traders only one choice: Meta Trader 5. In order to best provide for the needs of customers, it offers several different types of MT5 accounts (MT5 Desktop & MT5 Mobile) to meet the different requirements of customers ranging from beginner to professional trader.

Deposit & Withdrawal

There are four deposit and withdrawal options on the menu: VISA, mastercard, UnionPay and JCB. The deposit is unlimited for transferring dollars via bank transfer, but the minimum deposit is 100 dollars each time for RMB deposits using UnionPay. By contrast, the minimum withdrawal amount is 100 dollars each time for a bank transfer using US dollars and 50 dollars each time for a RMB Unionpay withdrawal.

Customer Support

Etore customer support can be reached at 9a.m. to 6p.m. from Monday to Friday through email: services@etorefx.us, website: www.etorefx.net.