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Equiti Review

Edited by: Louis Schoeman

Equiti Review

Overall, Equiti is licensed by one Tier-1 Regulator (highly trusted), two Tier-2 Regulators (trusted), zero Tier-3 Regulators (average risk), and one Tier-4 Regulator (high risk). The broker offers two retail accounts, Standard and Premiere.

 

Equiti Review – 13 key points quick overview:

  1. ☑️Overview 
  2. ☑️At a Glance
  3. ☑️Equiti Account Types 
  4. ☑️How to Open An Equity Account 
  5. ☑️Equiti Deposit & Withdrawal 
  6. ☑️Trading Instruments & Products 
  7. ☑️Equiti Trading Platforms and Software 
  8. ☑️Spreads and Fees 
  9. ☑️Leverage and Margin 
  10. ☑️Educational Resources 
  11. ☑️Pros & Cons 
  12. ☑️Security Measures 
  13. ☑️Conclusion 

 

Overview

Overview

Moreover, the broker is a leading provider of online trading technologies and multi-asset financial solutions and has its roots in the formation of Divisa Capital Group in 2008.

Subsequently, the acquisition of Divisa Capital in 2017 marked a significant period of growth and consolidation, with many subsidiary firms rebranding under the Equiti label. These achievements showcase its dedication to excellence, offering a user-friendly trading platform for traders of all skill levels.

To ensure each trader receives the necessary assistance, the company offers tiered account structures. Additionally, the broker has a global presence with regulatory permits in numerous countries, providing customers with security and confidence.

Furthermore, Equiti’s commitment to continuous growth ensures its platform stays at the forefront of technical breakthroughs and encourages traders of all backgrounds to start their financial journey confidently.

 

Is Equiti offering any perks or promotions to traders?

Yes, they offer forex cashback rebates as benefits to traders, which improves their trading experience and possible return on investment.

 

How long has Equiti been operating?

The broker has offered online trading solutions since its inception in 2008, showcasing its durability and expertise in the financial markets.
 

At a Glance

🗓 Established Year2008
⚖️ Regulation and LicensesFCA, DMCC, FSA, JSC
🪪 Ease of Use Rating4/5
📞 Support Hours24/6
💻 Trading PlatformsMetaTrader 4
🛍 Account TypesStandard, Premiere
🤝 Base CurrenciesUSD, EUR, GBP, AED
📊 SpreadsFrom 0.0 pips on Premiere
📈 Leverage1:400
💸 Currency Pairs62; major, minor, and exotic pairs
💳 Minimum Deposit500 USD
🚫 Inactivity FeeYes, the amount not disclosed
🗣 Website LanguagesEnglish, Arabic
💰 Fees and CommissionsSpreads from 0.0 pips, commissions from $7 per standard lot round turn on Forex
✅ Affiliate ProgramYes
🏦 Banned CountriesUnited States, Belgium, Singapore, Canada
✔️ ScalpingYes
📉 HedgingYes
🎉 Trading InstrumentsForex, commodities, indices, UK shares, EU shares, US shares
🎖 Open an Account👉 Open Account

 

Equiti Account Types 

Equiti Account Types 

StandardPremiere
✅ AvailabilityAll; ideal for beginners and casual tradersAll; ideal for experienced traders and scalpers
🛍 MarketsAllAll
💸 CommissionsNone; only the spread is charged$7 per lot round turn
💻 PlatformsMetaTrader 4, MetaTrader 5MetaTrader 4, MetaTrader 5
📊 Trade SizeFrom 0.01 – 150 lotsFrom 0.01 – 150 lots
📈 Leverage1:4001:400
💰 Minimum Deposit500 USD10,000 USD
🎖 Open an Account👉 Open Account👉 Open Account

Standard Account 

The broker offers various trading accounts, including the Standard account with a $500 minimum deposit and the MetaTrader 4 platform. Additionally, it offers a simple trading experience across currencies, indices, commodities, stocks, ETFs, and futures CFDs. Furthermore, with a maximum leverage of 1:400 and fixed options, it supports currencies like USD, EUR, GBP, and AED.

 

Premiere Account 

The Premiere account is designed for experienced traders with a minimum deposit of $10,000. In return, it offers access to the same MetaTrader 4 platform, but with narrower spreads and maximum leverage of 1:400. Additionally, it offers a wide range of instruments, fixed leverage, and trading in USD, EUR, GBP, and AED.

 

Demo Account 

The broker offers a Demo account for traders to test trading techniques without financial risk. Additionally, this account runs on the MetaTrader platform and allows users to test methods in real market conditions with $10,000 in virtual funds, real-time data, and multiple currencies.

 

Islamic Account 

The broker offers Islamic accounts, swap-free trading accounts following Shariah law, available upon request. Additionally, these accounts allow traders to trade specific instruments without swap costs. However, it’s important to note that Equiti can deny, change, or cancel the status of these accounts at its discretion.

 

Is there a variation in trading conditions across Equiti account types?

Yes, the account types include variable spreads, fees, and minimum deposit requirements to meet traders’ varied demands and preferences.

 

Does Equiti provide demo accounts for all account types?

Yes, they offer demo accounts for all account types, enabling traders to experiment and test their ideas in a risk-free environment before investing real funds.
 

How To Open an Equiti Account 

Step 1 – visit the Equiti website

Go to the official Group website.

How To Open an Equiti Account step 1

Step 2 – Click on “Open Live Account”

Click on the “Open Live Account” tab on the home page of the website to start the process.

How To Open an Equiti Account step 2

Step 3 – Choose your preferred nature of account

choose between an individual account or a corporate account.

How To Open an Equiti Account step 3

Step 4 – Add your personal information

Insert all your personal requested information in the provided spaces.

 

How To Open an Equiti Account step 4

Step 5 – Trading Experience

Answer all the below questions about your trading experience.

How To Open an Equiti Account step 5

Step 6 – Verify your identity

Verify your identity by providing your passport or identity card.

How To Open an Equiti Account step 6

Step 7 – Your account is ready!

Once your documents have been verified you are now ready to start trading.

How To Open an Equiti Account step 7

 

Equiti Deposit & Withdrawal

Equiti Deposit & Withdrawal

 

💳 Payment Method🏛 Country⚖️ Currencies Accepted⏰ Processing Time
Bank WireAllUSD, EUR, GBP1 – 5 days
Debit/Credit CardAllUSDInstant – 14 days
CryptocurrencyAllBTC, BNB, DOGE, ETH, LTC, NEO, OMG, TRONInstant – 2 days
Local Payment SolutionsAllAny local currencyInstant – 5 days

 

Deposits Methods:

Bank Wire

✅Log onto your Equiti account and navigate to the deposit area. 

✅Obtain Equiti’s bank account information for your location. 

✅Make a wire transfer from your bank account using the reference number supplied. Funds often arrive between 1-3 working days. 

 

Credit or Debit Card

✅Log onto your Equiti account and navigate to the deposit area. 

✅Select the credit/debit card option and input your card information (number, expiry date, CVV). 

✅Enter the deposit amount and then confirm the transaction. Funds are usually credited promptly. 

 

Cryptocurrency

✅Log onto your account and navigate to the deposit area. 

✅Select your chosen cryptocurrency choice. 

✅Obtain the wallet address for the specified coin. 

✅Make a transfer from your crypto wallet to the given address. Funds are sent after blockchain confirmations are obtained (the time frame varies). 

 

e-Wallets or Payment Gateways

✅Log onto your account and navigate to the deposit area. 

✅Choose your favorite e-wallet or payment gateway. 

✅You will likely be routed to finish the e-wallet platform transaction. Once approved, funds should be reflected in your account soon after. 

 

Withdrawals Methods:

Bank Wire

✅Log in to your account and browse to the withdrawals area. 

✅Select the bank wiring option and provide your bank account information. 

✅Enter the withdrawal amount and submit your request. Processing timeframes range from one to five business days. 

 

Credit or Debit Cards

✅Log in to your account and browse to the withdrawals area. 

✅Choose the credit/debit card option (preferably the same card used for deposits). 

✅Enter the withdrawal amount and submit your request. Processing takes a few business days, and funds are sent to your card account. 

 

Cryptocurrency

✅Log in to your account and browse to the withdrawals area. 

✅Choose your selected cryptocurrency. 

✅Enter your crypto wallet address and withdrawal amount. 

✅Submit your request. Funds come after the processing and blockchain confirmations. 

 

e-Wallets or Payment Gateways

✅Log in to your account and browse to the withdrawals area. 

✅Choose your favorite e-wallet or payment gateway. 

✅Enter the withdrawal amount and follow the instructions, which may need permission from the e-wallet’s platform. Funds are normally sent to your e-wallet account immediately after processing, but it can sometimes take a few days. 

 

Is there a minimum or maximum withdrawal restriction with Equiti?

The broker may apply minimum and maximum withdrawal limitations based on the withdrawal method and account type.

 

Can I deposit into my Equiti account in several currencies?

Yes, they offer deposits in various currencies, including USD, EUR, GBP, and AED, allowing traders to fund their accounts in their favorite currency.
 

Trading Instruments & Products 

Trading Instruments & Products 

Forex: Equiti provides a vast selection of 62 currency pairs for trading, encompassing major, minor, and exotic pairs. This extensive range allows traders to broaden their forex strategies by leveraging up to 1:400 with a 25% margin requirement.

Indices: Moving on to indices, Equiti offers 16 major indices, allowing traders to capitalize on the performance of specific stock market sectors.

Commodities: With 17 commodities available and leverage up to 1:400, Equiti caters to traders with varying financial commitments. The free margin requirement for commodities ranges from a low of 0.25% to 3%, making participation more accessible.

Shares: Equiti offers a wide selection of shares across different markets:

  • US Shares: Over 100 US equities are available for trading as CFDs, allowing traders to go long or short, utilize leverage, and potentially amplify their returns (with higher risk). The margin requirements for US shares range from 10% to 60%.
  • UK Shares: Traders can access 36 UK shares with a margin requirement of 10% to 35%, providing diversification within the UK stock market.
  • EU Shares: Similarly, 21 EU shares are accessible for trading, with margin requirements ranging from 10% to 40%, offering varied options for European stock exposure.

By providing such a diverse range of trading instruments with flexible leverage and margin requirements, Equiti caters to different trading styles and risk appetites.

 

How many currency pairings can I trade using Equiti?

They provide trading in 62 currency pairs, including major, minor, and exotic pairings, giving forex traders plenty of opportunity to profit from global market moves.

 

Can I trade commodities with Equiti?

Yes, the broker trades commodities such as gold, silver, oil, and agricultural items, enabling traders to bet on market price fluctuations.
 

Equiti Trading Platforms  

Equiti Trading Platforms  

Equiti offers a sophisticated trading experience through the MetaTrader 5 platform, which allows seamless access across multiple devices.

This platform offers various financial instruments, including forex, indices, commodities, and share CFDs, empowering traders to diversify their portfolios and capitalize on market opportunities.

It features customizable charting, live dashboard data, and powerful risk management features like stop/loss orders and expert advisors. Overall, Equiti’s platform focuses on data-driven decisions, allowing traders to make informed decisions based on market research and trends.

In addition, the platform provides a range of research and analytical tools to help traders navigate volatile market conditions, further demonstrating Equiti’s commitment to trader success through ongoing education and analysis resources.

Does Equiti have a mobile trading app?

Yes, Equiti provides a mobile trading app for iOS and Android smartphones, enabling traders to access their accounts, make trades, and track market moves from anywhere with an internet connection.

Is Equiti’s trading platform user-friendly for beginners?

Yes, Equiti’s trading platform is created with a user-friendly layout and straightforward navigation, making it appropriate for traders of all skill levels, even those new to online trading.
 

Spreads and Fees 

Spreads and Fees 

Spreads 

Equiti offers reasonable spreads ranging from 1.4 pips on the Standard account to 0.0 pips on the Premiere account, catering to traders’ diverse needs. These cost-effective trading conditions enhance performance while reducing expenses, aligning with Equiti’s commitment to providing clear pricing structures for financial goals. 

 

Commissions 

Equiti offers commission structures for traders of different account types, including Standard account fees included in spreads for easy trading without extra costs. Premiere account holders with competitive rates starting at $7 per lot round turn. 

 

Overnight Fees 

The broker provides accurate overnight fee information on its website, enabling traders to view swap rates for various products. Additionally, it offers a swap-free account for Muslim traders, ensuring inclusivity and meeting diverse trading preferences.

 

Deposit and Withdrawal Fees 

The broker aims to provide customer convenience by avoiding deposit fees. However, banks or payment solutions may charge for transfers and withdrawals. In these cases, Equiti denies responsibility for these charges. They emphasize transparency and accountability in their price structure.

 

Inactivity Fees 

Equiti aims for a frictionless trading experience with no additional fees; however, inactivity fines may be imposed, and traders should be aware of potential costs.

 

Currency Conversion Fees 

Additionally, when traders deposit or withdraw funds in currencies other than the accepted account base currencies, they can expect currency conversion fees, which are automatically applied.

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Can I expect to see competitive spreads while trading with Equiti?

Yes, Equiti provides competitive spreads, beginning as low as 0.0 pips on certain account types, guaranteeing cost-effective trading conditions for traders across various financial instruments.

 

Does Equiti impose overnight costs for holding positions?

Yes, Equiti offers information on overnight fees, also known as swap rates, which allows traders to see the expenses of holding positions overnight for various financial instruments.
 

Leverage and Margin 

The broker offers forex main pairs traders up to 1:400 leverage, allowing them to increase their positions and potentially boost profits. However, traders must be aware of the risks associated with leverage and manage their holdings appropriately.

In addition to its high-leverage options, Equiti’s risk management system ensures account safety and promotes ethical trading behavior.

Specifically, when a trader’s equity falls below 100% of their margin, they face margin calls, requiring them to deposit more funds or cancel positions. If the situation further deteriorates and the equity falls to 30%, an auto-stop-out occurs, canceling active trades to raise the equity.

To ensure transparency and accountability, Equiti notifies traders about margin calls via emails. Furthermore, traders are encouraged to actively manage their holdings and maintain sufficient margins to meet regulations.

Finally, they calculate the margin as a percentage of the notional value of an open position, which may change over time due to market conditions, risk assessments, or volatility.

 

How does Equiti manage margin calls and stop-outs?

Equiti has a strong risk management system to handle margin calls and auto-stop-outs, warning traders via email when their equity falls below specific levels and appropriately safeguarding their accounts.

 

Can I alter the leverage on my Equiti account?

Yes, traders may increase the leverage on their Equiti accounts according to their risk tolerance and trading tactics, giving them more control over their positions and market exposure

Educational Resources 

Educational Resources

The Equiti Academy provides a structured learning route for traders seeking to improve their trading knowledge and abilities. In addition, trading guides are detailed publications that cover a wide range of trading topics and provide traders with insights and tactics.

Furthermore, the FAQ section answers typical questions that traders may have, providing short and extensive explanations on various issues relating to trading with Equiti. Moreover, industry specialists host Webinars and feature live market analysis, trading tactics, and strategies, offering interactive learning opportunities. Finally, the Glossary will help traders learn trading terms and grasp complicated trading principles.

 

Adherence to these regulatory authorities’ criteria ensures that Equiti maintains high financial integrity and risk management levels. Client funds are isolated from business funds, adding extra security. Additionally, Equiti’s commitment to price transparency strengthens its image as a trustworthy broker. These rigorous security procedures protect traders’ interests and demonstrate Equiti’s commitment to safe trading environments.

 

Can I use Equiti’s instructional materials as a new trader?

Yes, Equiti’s training tools are designed for traders of all skill levels, including novices, and include extensive learning materials and tutorials to help them create a firm foundation in trading.

 

Does Equiti provide continuing assistance and education to traders?

Yes, Equiti offers continuing help and education to traders via its FAQ area, glossary, and customer service channels, ensuring that traders get prompt assistance and resources as required.
 

Pros & Cons 

✔️ Pros❌ Cons
They provide CFDs on a wide range of assets, including equities, indices, commodities, cryptocurrencies, and moreEquiti focuses largely on CFDs, which include leverage and incur a larger risk than standard share ownership
Equiti charges competitive spreads for various financial productsThe Equiti website does not give a complete list of all deposit and withdrawal options available
Access to demo accounts enables traders to experiment and get acquainted with the platform before risking real moneyAccounts that have been inactive for an extended period are subject to fees as specified in their client agreement
Equiti offers a user-friendly and feature-rich trading platform
Equiti provides educational materials to help traders improve their knowledge and abilities
Equiti has regulatory permits in numerous countries, which fosters confidence and security among traders
Equiti emphasizes commission-free trading in US equities.
They provide customer support through a variety of ways 24 hours a day, 6 days a week
The platform meets a variety of purposes by providing multiple account types with features geared to experience levels

 

Security Measures 

The broker promotes its customers’ security through both tight regulatory compliance and strong protective measures.

Firstly, the broker is regulated by several bodies, including the UK’s Financial Conduct Authority (FCA), the Dubai Multi Commodities Centre (DMCC), the Jordan Securities Commission (JSC), and the Financial Services Authority (FSA) in Seychelles. This widespread control ensures oversight of its activities.

Secondly, adherence to these regulatory authorities’ criteria guarantees that Equiti maintains high financial integrity and risk management levels. Additionally, client funds are isolated from business funds, adding an extra layer of security.

Furthermore, Equiti’s commitment to price transparency bolsters its image as a trustworthy broker. In conclusion, these rigorous security procedures effectively protect traders’ interests and demonstrate Equiti’s commitment to safe trading environments.

Which regulatory bodies monitor Equiti’s operations?

The broker is regulated by respected institutions such as the FCA, DMCC, JSC, and FSA, which ensures industry best practices and the greatest levels of financial integrity and transparency.

What steps does Equiti take to promote fair and transparent trade practices?

Equiti fosters fair and transparent trading procedures by delivering accurate and timely market data, preserving pricing transparency, and adhering to ethical norms and legal regulations, all creating trust and confidence among traders.

 

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Conclusion 

According to our findings, Equiti is a renowned Forex and CFD broker offering a wide range of trading products and an easy-to-use interface. It offers cheap spreads, varied account types, and commission-free trading on US shares.  

However, in our experience, it is important to understand the risks associated with CFD trading, such as leverage. Equiti’s focus on security measures, regulatory compliance, and segregated client assets reassures traders.  

Overall, we can conclude that Equiti’s open pricing structures and commitment to customer service give confidence despite the lack of comprehensive deposit and withdrawal options. Therefore, it is a strong choice for traders seeking a reliable broker with a global presence. 

Faq

Yes, they advertise commission-free trading on the Standard Account. 

Withdrawal processing periods normally vary from one to five business days, depending on the withdrawal method used and the processing timeframes of banks or payment providers. 

The Standard account has a $500 minimum deposit, but the Premiere account demands a $10,000 minimum deposit. 

No, they allow traders to use various trading strategies, including scalping and hedging, without restrictions. 

Yes, they are regarded as a secure broker regulated by recognized bodies such as the FCA, DMCC, JSC, and FSA. Its commitment to strong regulatory norms, such as customer funds segregation and clear pricing, contributes to its image as a secure trading platform. 

Yes, they offer many US share CFDs (contracts for difference). 

They offer traders diverse trading instruments, including forex, commodities, indices, US shares, UK shares, and EU shares. 

Yes, Equiti offers a range of research and analytical tools on its platform to help traders make informed decisions. 

Equiti’s headquarters are in London, United Kingdom, representing the company’s global presence and dedication to servicing traders across the globe. 

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