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.
Basic information from ETFinance review
About the broker
| Web: | etfinance.eu |
| 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@etfinance.eu +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 - typical 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 etfinance.eu.
Typical 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 17.01.2020 at 21:30 from the web or trading platform of ETFinance.
Random reviews of competing CFD brokers: HonorFX, EagleGlobalMarkets, Axi and GuardianStockBrokers
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 | |
|---|---|---|---|---|---|---|
 | | 0 | typical spread 0,9 pips | In-house built platform, MT4 | FCA CySec | xtb.comreviewtypical spread EUR/USD*: 0,9 pips |
 | | 100 USD | typical spread 0,6 pips | In-house built platform | CySec | plus500.comreviewtypical spread EUR/USD*: 0,6 pips |
 | | 200 USD | typical spread 3,0 pips | In-house built platform | FCA CySec | etoro.comreviewtypical spread EUR/USD*: 3,0 pips |
* 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 IQ Option - 84% 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.
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.