EterWealth Limited
Pros and Cons
Pros
- Diverse range of trading instruments including forex, indices, metals, cryptocurrencies, and energies
- Access to the ST5 trading platform with various features
- Zero commissions on stock trading
- 24/7 customer support available through email
- Minimum deposit requirement set at $50, ensuring accessibility for traders
Cons
- No regulatory oversight raises legitimacy concerns
- Lack of transparency in operations and practices
- Only email support available, no live chat or phone options
- Fixed withdrawal fee of $5 per transaction
- Limited educational resources for traders
Basic Information
User Reviews
EterWealth Limited Overview
EterWealth Limited is a forex broker that was established in 2023 and is registered in the United Kingdom. Despite its recent entry into the market, the broker operates without regulatory oversight, which is a crucial factor for potential traders to consider. This lack of regulation may raise concerns regarding its legitimacy and transparency in the financial landscape, making it essential for traders to exercise caution when engaging with such entities.
The broker offers a diverse range of trading instruments, including forex, indices, metals, cryptocurrencies, and energies, catering to various trading preferences. EterWealth Limited employs the ST5 trading platform, which provides users with access to a variety of trading tools and features. Customer support is available 24/7, primarily through email, allowing assistance across multiple languages. However, the absence of regulation and a lack of transparency could be seen as significant drawbacks for traders looking for a reliable broker in the forex market.
Is EterWealth Limited Safe? Regulation Analysis
Regulatory Information
EterWealth Limited is not regulated by any recognized financial authority. This absence of regulation is an important factor for potential traders to consider, as it raises concerns about the legitimacy and transparency of the broker. Trading with an unregulated broker like EterWealth Limited can carry significant risks, including a lack of investor protection and a higher potential for fraudulent activities.
Trading Products and Services
What Trading Instruments Does EterWealth Limited Offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs (e.g., EUR/USD, GBP/JPY) | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
EterWealth Limited presents a diverse range of trading instruments that cater to various trading styles and strategies. With offerings spanning forex, indices, commodities, cryptocurrencies, and energies, traders can find opportunities that align with their investment goals. This extensive product range supports both beginners and experienced traders, allowing for portfolio diversification and adaptability in trading strategies. The availability of multiple asset categories enhances the ability to navigate different market conditions and cater to varying risk appetites, making it a versatile choice for users looking to trade effectively.
Account Types and Trading Conditions
What Account Types and Fees Does EterWealth Limited Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginner to intermediate traders | Access to a wide range of trading instruments | Suitable for small capital investors |
| Professional Account | Experienced traders | Higher leverage options available | Requires demonstration of trading experience |
| Corporate Account | Corporate clients | Customized services for businesses | Requires corporate documentation |
| Demo Account | New traders | Practice trading without real financial risk | Ideal for testing strategies |
Account Opening Process
To open an account with EterWealth Limited, users must complete several steps. Initially, they will need to submit personal information, including their name, email address, and phone number. Additionally, employment details and financial background will be required to assess suitability. Identity verification is crucial and involves providing a government-issued ID and proof of address. EterWealth Limited allows flexibility for users to upgrade from a retail to a professional account as they gain more experience and trading volume.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | $0 | No commission on trades |
| CFDs (Stocks, Indices) | Varies | $0 | Zero commissions on stock trading |
| Cryptocurrencies | Varies | $0 | Competitive spreads |
Other Fees
Additional costs associated with trading at EterWealth Limited include a fixed withdrawal fee of $5 for each transaction. There are no deposit fees or minimum transaction fees. Traders should also be aware of potential inactivity fees, platform usage fees, overnight interest (swap rates), and currency conversion fees, which may apply depending on the account activity and trading preferences.
Trading Platforms and Apps
What Trading Platforms and Apps Does EterWealth Limited Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| ST5 | Windows, macOS, iOS, Android | Secure login, multiple order types, price alerts, technical indicators | Demo account available |
| Web Version | Browser-based (all major browsers) | 2FA, symbol lookup, push notifications | N/A |
| Mobile App | iOS, Android | Convenient login, real-time alerts, one-click trading | N/A |
The ST5 platform offered by EterWealth Limited supports a wide range of devices, allowing traders to engage in forex, indices, metals, cryptocurrencies, and energies from multiple operating systems. The platform features secure login options and various order types, enhancing the trading experience while ensuring security. The web version facilitates trading through standard browsers, providing easy access and additional features like price alerts and market searches. Mobile trading is streamlined through the dedicated app, enabling traders to manage their accounts and receive real-time notifications on the go.
EterWealth Limited’s platforms are designed to support traders with efficient tools for market engagement, secure login processes, and features tailored for real-time trading, ensuring a comprehensive trading environment across devices.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 business days | No platform fee | Min $50, Max $20,000/day | USD, GBP |
| Credit/Debit Card | Instant | No platform fee | Min $50, Max $10,000/day | USD, GBP |
| Crypto Wallets | Instant | No platform fee | Min $50, Max $15,000/day | USD |
| e-Wallets (e.g., PayPal) | Instant | No platform fee, but 1.5% charge on withdrawals | Min $50, Max $10,000/day | USD, GBP |
Minimum Deposit
The minimum deposit requirement at EterWealth Limited is set at $50. This amount is uniform across all payment methods and account types, ensuring accessibility for a wide range of traders.
How to Withdraw
To withdraw funds from your EterWealth Limited account, follow these steps: 1. Log in to your account. 2. Navigate to the ‘Withdrawal’ section in your account dashboard. 3. Select your preferred payment method for withdrawal. 4. Enter the amount you wish to withdraw, ensuring it meets the minimum requirement. 5. Review and confirm your withdrawal request. 6. Await processing, which may vary depending on the selected payment method.
Customer Support
EterWealth Limited Customer Support Overview
Support Channels
EterWealth Limited provides customer support primarily through email at cs@eterwealthltd.com. This channel allows traders to reach out for assistance with their inquiries and concerns. While there are no live chat or telephone options available, the email support is designed to cater to a range of needs, ensuring that customer queries are addressed in a timely manner.
Service Availability
Customer support at EterWealth Limited is available 24/7, allowing traders to seek help at any time. The broker also offers multilingual support, accommodating various languages to assist a diverse customer base. This ensures that traders from different regions can access the help they need without language barriers.
Frequently Asked Questions
No, EterWealth Limited is not regulated by any recognized financial authority. This absence of regulation raises concerns about the legitimacy and transparency of the broker, so potential traders should exercise caution when considering trading with them.
EterWealth Limited offers a diverse range of trading instruments, including forex, indices, metals, cryptocurrencies, and energies. This variety caters to different trading preferences and strategies, allowing traders to diversify their portfolios.
EterWealth Limited provides several deposit and withdrawal options, including bank transfers, credit/debit cards, crypto wallets, and e-wallets. The minimum deposit requirement is set at $50, and there is a fixed withdrawal fee of $5 for each transaction.
Customer support at EterWealth Limited is available 24/7 primarily through email at cs@eterwealthltd.com. While there are no live chat or phone options, the email support is designed to assist traders with their inquiries in multiple languages.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.