equaledge Review

equaledge.co

equaledge is a unregulated broker based in Kingstown St. Vincent and the Grenadines. They offer a fantastic selection of over 400+ trading instruments with very competitive trading conditions including reasonable spreads and minimal trading fees. You can get straightforward access to the markets via user-friendly platforms with a relatively high minimum deposit fee of $5000. Alternatively, they do provide free demo accounts if you want to practice your trading skills before making a financial commitment. You will find plenty of tools for assisting with your market analysis so you can pinpoint trading opportunities and make informed decisions.

I like how they are an experienced broker with a dedicated premium relationship management team to help guide you along the way. If you are a trader and want to trade in a professional environment across all of your devices, I think they are certainly worth consideration.

equaledge Trading platforms

Pros & Cons

Pro’s

• Large choice of more than 400 trading instruments
• Trade on 40+ forex pairs with spreads from 0.8 pips
• Invest in the world’s largest indices and more
• Explore European and US shares CFDs
• Cutting edge platforms suitable for all types of traders
• Choose from and trade a wide range of both soft and hard commodities
• Good variety of quick and easy payment options
• Free demo accounts available to practice trading
• Excellent customer support

Con’s

• Clients from a few countries are not accepted
• No daily market analysis to inspire trade ideas
• Market maker broker means they don’t have the lowest spreads
• Only provide support during office hours
• Inactivity fees apply
• Not regulated

Summary

equaledge is a online brokerage where you can open an account to trade shares, indices, forex, commodities and more. Equaledge was launched in 2023 as to satisfy demand for a fast, professional and easy-to-use online spreads trading platform. With a quick registration process and friendly website, equaledge soon will become a prominent player in the financial trading sector.  equaledge.com, a powerful, advanced trading platform with a fresh new feel.

The broker offers a very impressive selection of more than 400 financial instruments for online trading via its cutting edge trading platforms. I found the spreads to be very good and trades executed swiftly. On its proprietary platform, there are plenty of powerful trading tools available to you for analysing the markets and to manage your trade positions.

Funds

Client funds are kept in segregated bank accounts held with the top-rated banks. This helps to ensure that they are not used for any other purposes such as business running costs.

‘Know Your Customer’ (KYC) verification is carried out on every client. This procedure entails uploading a ‘government issued id card’ and ‘a utility bill’. This is a regulatory requirement and it is important in order to identify every client to ensure that illegal acts like money laundering, financing terrorism, etc, are not carried out on the pretext of forex or CFD trading.

Countries

equaledge does not accept clients who are residents of the United States, Belgium, NKorea, Singapore or any particular country where its services will be contrary to the local law or regulations.

Equaledge.co Trading Platforms

You can enjoy a seamless trading experience wherever you are with a powerful and advanced trading platform from equaledge. You can get the full functionality with all the bells and whistles using the desktop platform or download the equaledge mobile platform and trade market moves as they happen from the palm of your hands. I personally find the desktop platform ideal for when I need to conduct detailed chart analysis but like the convenience of the trading app for keeping track of my account and the latest market news whenever I feel like it. Either way, I think the platforms are very user-friendly and provide everything you need for trading online without any hassle.

equaledge Platform

This is the proprietary trading platform from equaledge. This intutive platform is web based which makes it convenient as it requires no downloads or installations. It is also versatile because it runs across all operating systems and comes with useful market analysis and trading tools. You can analyse markets using a multitude of indicators and drawing tools across various chart types. I like how you are able to create your own watchlists and set price alerts to keep track of the markets you follow and trade. It is flexible as you are able to customise and save up to 10 unique workspaces with the chart views and time frames that you need, when you need them. The intuitive trade tickets make it simple to set up and understand your Stop and Limit levels for neccesary risk management.

cryptocurrencies trading

Tools

The equaledge platforms come fully loaded with more tools than most of you will ever need. The abundance of built-in indicators and other useful tools, it is nice to see that equaledge have a few more to improve your trading possibilities.

Markets

There is a great selection of more than 400 trading instruments for you to choose from. I think there should be enough to build a diverse portfolio for anyone, regardless of your interests.

Forex Trading

Trade forex with 45+ majors, minors, and exotics with spreads as low as 0.6 pips. FX is traded in pairs, where one will rise (or fall) in value against the other.

Indices Trading

Invest in the world’s largest indices. An index measures the performance of a group of companies, typically weighted by market capitalization.

Shares Trading

Explore 10s of European and US shares CFDs. Shares CFDs give traders a way to speculate on the value of publicly listed companies without needing to physically own stocks.

Commodities Trading

Choose from and trade a wide range of both soft and hard commodities ranging from traditional markets like gold and oil, to wheat, cotton, and even orange juice.

Accounts

I found the broker to provide transparent and fair spreads across all markets. They only offer five account types which are based on investment amount. You can choose between the different account buy simply  investing a different amount. Inactivity fees are charged from accounts that have been dormant for 6 months and above. The fee is charged monthly until the account is depleted or the client begins trading again. They don’t provide spreads from 0.0 pips so might not be ideal for those of you who are planning to use scalping systems.

Support

The equaledge customer service team works during office hours CET time from 8:30 am to 9:00 Mondays to Fridays. The team can be reached on various phone numbers and emails. . I think they could improve by adding live chat support as I often find this to be the quickest way to speak with someone.

But they offer to chat direct to their support through WhatsApp +447835182154

Alternatively, you can explore the most frequently asked questions on everything from setting up your account, to getting more out of the platforms and tools, or send them an email through support@equaledge.co

Funding

This is an aspect of the broker I was also impressed by. I like how they have a good variety of quick and easy account funding options for you to choose from. This includes digital wallets which I find to be the most convenient for moving funds around between my trading account.  Withdrawal requests received before 2pm are attempted to be processed on the same working day. Just keep in mind that they do not accept third party deposits. All deposits must emanate from the same name on the trading account.

Bank Transfer

Take 3-7 days for the funds to reach equaledge bank accounts.

Credit/Debit Cards

Deposits made by cards are processed instantly. But, card withdrawals can take up to 7 days depending on the location of the client and the card processors.

Online Payments

Deposits are processed instantly while withdrawals take up to 24 hours.

Cryptocurrency

Payment is processed within 2 hours.

Conclusion

equaledge is a online broker that offers Hundreds of tradable assets to its clients via its flexible and sophisticated trading platform. The Brand abide by the regulatory rules which include account segregation, digital security, client verification without actually being regulated.

The wide array of tradable assets on the broker’s platforms is impressive at over 400. It is an outstanding platform replete with essential trader tools for conducting comprehensive market analysis. Their trading platform very popular and widely accepted by professional traders across the globe. You can seamlessly access your account and trade between all of your devices.

However, in the area of market news and analysis, I think the broker is lacking behind when compared to other top-rated brokers. There is limited expert analysis, daily insights and trading ideas. Trading accounts are limited with no mini/micro accounts for testing the real trading conditions but free demo accounts are available. I didn’t find the spreads to be the lowest but it is worth considering there is no commission fee on trades. There is also an inactivity fee to be aware of and funding without any fees is limited.

Overall, I think they can be a good choice of broker for anyone who is looking for easy market access  with decent trading conditions and excellent customer support.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. Concerning margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to leverage, creditworthiness, limited regulatory protection, and market volatility that may substantially affect the price or liquidity of a currency or related instrument. It should not be assumed that these products’ methods, techniques, or indicators will be profitable or will not result in losses.