Forex Eddid Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.6

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.8

Business 1.1

Risk Control 1.4

Software 2.1

Regulatory 1.6

Terminal Snapshot

Eddid Trading Conditions

Registered Region Hong Kong

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@eddidholdings.com

Contact Number +85226550300

Website www.eddidholdings.com

Balanced Review

Pros & Cons

Pros

Diverse range of trading instruments including forex, commodities, indices, stocks, and cryptocurrencies
User-friendly web-based trading platform accessible from all devices
Multiple account types catering to different trader needs
Demo account available for practice trading without real money
Responsive customer support via email, live chat, and telephone

Cons

Not regulated by any recognized financial authority
Potential lack of investor protection due to unregulated status
Limited educational resources for traders
Withdrawal fees may apply under certain conditions
No dedicated mobile trading app for advanced functionalities

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Eddid	Fidelity	SCFH	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Hong Kong	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Eddid Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners	User-friendly access to trading markets	Suitable for small-capital practice
Professional Account	Experienced Traders	Higher leverage options	Requires trading volume qualifications
Corporate Account	Corporate Clients	Customized services for businesses	Requires corporate documentation
Islamic Account	Muslim Traders	Swap-free trading options	Eligibility based on religious principles
Demo Account	All Traders	Practice trading without real money	Available for all user types

Account Opening Process

To open an account with Eddid, traders need to follow these steps: First, submit personal information such as name, address, and contact details. Next, provide employment information, including your occupation and source of income. After that, financial information is required, detailing your trading experience and financial status. Additionally, identity verification is necessary, which typically involves submitting a valid ID and proof of address. Eddid offers flexibility in account management, allowing clients to upgrade to a professional account if they meet the necessary requirements in the future.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$0	Tight spreads for major pairs
CFDs (Stocks)	Varies	$0	Commission applicable for certain stocks
CFDs (Indices)	Varies	$0	Commission may apply based on the index
CFDs (Commodities)	Varies	$0	Fees depend on the commodity
Cryptocurrencies	Varies	$0	Trading fees may vary based on volatility

Other Fees

Additional costs associated with trading through Eddid may include deposit and withdrawal fees, which can vary based on the payment method used. Inactivity fees may apply if an account remains dormant for a specified period. Platform usage fees are not specified, but users should check for any associated costs. Overnight interest, or swap rates, may apply to positions held overnight. Currency conversion fees could also apply when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Eddid User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Doe

Hong Kong

★ ★ ★ ★ ★

Eddid’s platform is overall user-friendly and easy to navigate. I appreciate the variety of trading instruments available, especially in forex and cryptocurrencies. The customer support team was helpful when I had questions about my account. Just be cautious, as they are unregulated, which raises some concerns.

Emily Smith

Los Angeles

★ ★ ★ ★ ★

I’ve been trading with Eddid for a couple of years, and I love the speed of their execution and the variety of account types. The demo account helped me practice before diving into real trading. The web platform is excellent for on-the-go trading. Highly recommend for those who are experienced!

Michael Chen

Beijing

★ ★ ★ ★ ★

I faced significant issues when trying to withdraw my funds. The process took longer than expected, and I had to deal with unnecessary fees. Their customer support was not very responsive during this time, which added to my frustration. I advise caution when dealing with them.

Sarah Johnson

New York

★ ★ ★ ★ ★

Eddid has been a terrible experience for me. I was promised great returns, but when I tried to withdraw my money, I was hit with multiple fees and excuses. Customer service was unhelpful, and I felt scammed. I strongly advise against using this platform.

Hong Kong Market