84.99% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Basic information from ETFinance review
About the broker
| Web: | https://www.etfinance.eu 84.99% of retail CFD accounts lose money |
| License: | CySec |
| Supported languages: | English, German, Spanish, Italian and Portuguese |
| Year of foundation: | 2018 |
| Holder: | MaxnumFX (Cyprus) Limited |
| Headquarters: | KPMG Center, 1 Agias Fylaxeos Street, 2nd Floor – Office 1, 3025 Limassol, Cyprus |
| Methods of contacting customer support: | E-mail, phone, online chat |
| Contact: | support@https://www.etfinance.eu 84.99% of retail CFD accounts lose money +8006 003 7004 |
| Deposit methods: | VISA, MasterCard, Maestro, Neteller, Skrill |
| Withdrawal methods: | VISA, MasterCard, Maestro, Neteller, Skrill |
About trading with ETFinance
| Minimum deposit: | 250 USD |
| Min. trade: | 0.01 |
| Spreads: | Look at the spread table - spread on the currency pair EUR/USD is 1.3 pips * on a standard account type |
Underlying assets: Might be a CFD. | Forex (50), shares, commodities, indexes, cryptocurrencies (30) |
| Account currencies: | USD,EUR,GBP |
| Mobile app: |  |
| MetaTrader 4: | |
| Other trading platforms: | WebTrader |
| Social trading: |  |
Spreads & fees
Fees of most brokers change relatively often and unfortunately it is not in our possibilities to keep up-to-date information about fees at ETFinance, of course you can find current info on their website https://www.etfinance.eu 84.99% of retail CFD accounts lose money.
Spreads at ETFinance on standard account*
| EUR/USD | GBP/USD | USD/JPY | EUR/GBP | USD/CHF | EUR/JPY |
|---|---|---|---|---|---|
| 1.3 | 2.0 | 1.5 |
* Spread was taken 17.5.2019 at 12:31 from the web or trading platform of ETFinance.
Random reviews of competing CFD brokers: EverFXGlobal, Dualix.MaxiGrid, RoyalsFX and FXBTrading
Frequently Asked Questions
🧐 Is ETFinance a scam?
We highly recommend you to read the user reviews on our website before you start trading with this brokerage company. It will help you to determine if ETFinance is a scam or not.
🆓 How to open a free demo account?
Opening a demo account with ETFinance is very simple, just register on their website.
📱 Does ETFinance offer the best mobile app for trading?
ETFinance offers a mobile trading app and you can definitely start trading with it. It is very difficult and subjective to determine if they feature the best mobile platform. However, you are welcome to test it yourself.
We compared some reputable brokers and their mobile trading apps, check out the comparison and be saved from the hassle of testing the ETFinance mobile app.
⚖️ Would you recommend me ETFinance?
ETFinance is one of tens (possibly hundreds) of brokers operating in the European Union, and that's why it makes no sense to choose ETFinance as a broker where you trade before you compare it with competitors.
We operate our website in full transparency, we recommend reliable brokers with an excellent reputation and we honestly admit to you that we receive commissions for that from these brokers. You can find the mentioned brokers in the table below with a clickable link to their site. You don't pay anything extra, you get a reliable business partner and you help us keep the website up and running. Thank you.
| Broker | English | Min. deposit | Spread EUR/USD* | Platforms | License | |
|---|---|---|---|---|---|---|
 | | 100 EUR | 0,8pips Spread was taken 10.03.2021 at 10:18 from the web or trading platform of Admirals. | MT4, MT5, MT Supreme Edition | FCAASIC CySec | admirals.comreviewEUR/USD*: 0,8pips Spread was taken 10.03.2021 at 10:18 from the web or trading platform of Admirals. |
 | | 200 USD | 1.0 pips Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Etoro. | In-house built platform | FCAASICCySec | etoro.comreview EUR/USD*: 1.0 pips Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Etoro. 68% of retail CFD accounts lose money |
 | | 100 USD | 0.8 pips Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Plus500. | In-house built platform | FCAASICCySec | plus500.comreview EUR/USD*: 0.8 pips Spread was taken 15.02.2021 at 09:55 from the web or trading platform of Plus500. |
* The spread is variable for most brokers and changes depending on market volatility.
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Comparing spreads, fees, trading platforms, regulations and reading dozens of user reviews of all popular FX and CFD brokers is very time-consuming for every trader. That is why we have done all this hard work for you so you could already only start trading with a company that features a quick modern trading platform, a large variety of assets and a quick customer service. From our comparisons, all these criteria are met by Admirals 75% of retail CFD accounts lose money - advertising partner.
That is why it is important to choose the right one. Choosing the right broker often stands between profit and loss. Don't you know how to choose? We have prepared an independent article for you, which will help you with your broker selection. You will get to know, what factors are important to watch out for when you are choosing a forex/CFD broker.
If you have any experience with ETFinance, please share it in the comments to help others to choose the suitable broker.
A legitimate, registered broker who provides excellent service. A wide range of assets and marketplaces, as well as a very user-friendly trading interface and app. ETFinance has exceeded my expectations.
0
Cool broker for beginners. In three months, thanks to the tutorials on the site, I was able to figure out how to trade crypto currencies correctly. The advice of my account manager also helped.
0
Trading with this broker taught me a lot and allowed me to become acclimated to working with major assets and the most popular trading platform. I have contacted customer service a couple of times, and their responses were always helpful.
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An excellent broker for beginners. Thanks to the tutorials, in just a month I improved my skills in crypto trading very well.
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I started doing cryptocurrency sales last month. At first, I did not know which broker to contact, but then I turned my attention to ETFinance. As is the case, I don’t need a blockchain wallet to shop for BitCoin on this platform because they trade CFDs on cryptocurrencies like all currencies. It is very advantageous and simple.
0
ETFinance is great for experienced traders. I have over the three-year of experience in trading, and most of the opportunities I got exactly from this broker. The variety of trading instruments is really impressive.
0
I’m satisfied with my experience at ETFinance, it’s a reliable company that provides good assistance for traders. When I started I didn’t know much about trading but the educational content and practice really helped me learn a lot and turn it into a profitable venture.
0
When I entered the trading world the only problem which I had, was a lack of private means. ETFinance educational center has helped me colossally. I started to read a lot and what is more important, I have understood the market trends which in turn improved my trading strategy.
0
ETFinance is the first broker I’m dealing with, and so far there was no complaints about it. Withdrawals and deposits are carried out simply, the platform works well
0
ETFinance is perfect in providing multiple trading tools. I’ve diversified my portfolio thanks to the option to trade different products.
0
ETFinance is the best-optimized trading platform. Everything works flawlessly, I’m fully satisfied with my choice.
0
Impressive services for online trading. The broker gives reliable signals and offers smooth withdrawals.
0
A smart and trusted broker with good spreads and reliable leverage.
0
I don’t regret working with ETFinance at all, I’ve learned a lot about trading and made quite a few successful withdrawals so far. Great quality of service and decent trading conditions.
0
Low trading costs and excellent services. Customer support is always helpful. ETFinance is my preferred broker.
0
I like trading with ETFinance, cause there are so many opportunities with it. When I joined ETFinance, I tried trading CFDs on stocks and commodities. It turned out to be a valuable experience for me. Now I practice trading with these assets and gradually achieving a higher level of professionalism.
0
You can work with this broker. after a month of demo period I opened a gold account and did not regret it. The quality of the service is surprising, and the site offers many useful tools and articles. I have already earned $ 500 in a couple of months.