Equiti

Equiti’s Global Presence

Equiti has offices in Amman, Dubai, Nairobi, London, Auckland, Miami, and Yerevan. It provides 24/6 customer support in 6 languages.

Equiti’s Products and Services

Equiti offers a wide range of trading products, including forex, CFDs on indices, commodities, shares, ETFs, and cryptocurrencies. It also provides a variety of trading tools and educational resources to help its clients succeed.

Equiti’s Execution Technology

Equiti uses NDD and bridged ECN execution technology to provide its clients with fast and transparent trade execution.

Equiti’s Customer Focus

Equiti is committed to providing its clients with an easy, safe, and productive trading experience. It achieves this through its innovative technologies, professional educators, transparency, and excellent service.

Type of broker: Equiti is a Non-Dealing Desk (NDD) broker. This means that it does not take the opposite side of its clients’ trades, but instead passes them on to liquidity providers. This helps to ensure that Equiti’s clients get the best possible prices on their trades.

Company goal: Equiti’s goal is to provide its clients with an easy, safe, and productive trading experience. It achieves this through its innovative technologies, professional educators, transparency, and excellent service.

Equiti Ranking

Equiti is ranked 8.8 out of 10 by our experts, based on its reliable service, favorable trading conditions, and suitability for both beginners and experienced traders. Equiti offers competitive spreads, low fees, and a good selection of educational materials.

Compared to other industry-leading brokers:

Ranking	Equiti	Pepperstone	XM
Tight spreads	Yes	Yes	Yes
Low deposit	Yes	Yes	Yes
Instruments	Yes	Yes	Yes
Educational materials	Yes	Yes	Yes

Awards

Equiti has been recognized and awarded by the trading community for its many achievements over the years. Here are just a few of the awards that Equiti has received:

• Best Forex Broker MENA – Global Forex Awards, 2023
• Best Forex Trading Platform – World Finance Magazine, 2022
• Best Forex Customer Service – ForexBrokers.com, 2021
• Best Forex Education Provider – Finance Magnates, 2020
• Most Trusted Forex Broker – Traders Union, 2019

Is Equiti a safe and reliable broker?

Yes, Equiti is considered a safe and reliable broker for Forex and CFDs. It is regulated by top-tier regulators, including the Financial Conduct Authority (FCA) in the UK and the Securities and Commodities Authority (SCA) in the United Arab Emirates. This means that clients’ money is protected by compensation schemes and negative balance protection.

Is Equiti legit?

Yes, Equiti is a legitimate broker. It operates through a range of established offices that are regulated and comply with best practices and safety measures. Equiti’s main entity in the Middle East is Equity Limited Jordan, which is a registered trade name in Jordan. It also has entities registered in the UAE and the UK, which are authorized by the FCA.

Customer Protection at Equiti

Equiti is regulated by various top-tier financial regulators, including the Financial Conduct Authority (FCA) in the UK and the Securities and Commodities Authority (SCA) in the United Arab Emirates. This means that Equiti is required to comply with strict customer protection rules, including:

• Segregated accounts: Equiti keeps customer funds in segregated accounts, which means that they are separate from Equiti’s own funds and cannot be used for any other purpose. This protects customer funds in the event of Equiti’s insolvency.
• Compensation schemes: Equiti is a member of the Financial Services Compensation Scheme (FSCS) in the UK and the Investor Compensation Fund (ICF) in the UAE. This means that customers are eligible for compensation from these schemes if Equiti is unable to meet its financial obligations.
• Negative balance protection: Equiti offers negative balance protection, which means that customers cannot lose more money than they have deposited in their accounts.

In addition to these regulatory requirements, Equiti also has a number of other measures in place to protect its customers, such as:

• Robust security measures: Equiti uses state-of-the-art security measures to protect customer data and funds.
• Transparent trading conditions: Equiti provides clear and transparent information about its trading conditions, including spreads, commissions, and margin requirements.
• Excellent customer service: Equiti offers 24/5 customer support in multiple languages.

What leverage is available with Equiti?

Equiti offers leverage up to 1:500, but the maximum leverage available to you will depend on the Equiti entity you are trading with. For example, the maximum leverage allowed for Forex instruments is 1:30 under UK FCA regulation, but higher levels of leverage may be available in MENA regions.

It is important to note that high leverage can significantly increase your risk of loss, as well as your potential for profit. It is important to choose leverage carefully and to only risk money that you can afford to lose.

Here is a table of the maximum leverage available for different asset classes with Equiti:

Asset class	Maximum leverage
Forex	1:30 (UK FCA regulation), 1:500 (MENA regions)
CFDs on indices	1:200
CFDs on commodities	1:200
CFDs on shares	1:200
CFDs on ETFs	1:200
CFDs on cryptocurrencies	1:50

Please note that these are just the maximum leverage levels available. You may choose to use lower leverage, depending on your risk tolerance and trading strategy.

Equiti Account Types

Equiti offers two main account types:

• Demo account: A practice account that allows you to test Equiti’s trading platform and trading conditions without risking any real money.
• Live account: A real money account that allows you to trade on the live markets.

Within the live account type, Equiti offers two sub-types:

• Executive account: This account type is suitable for intermediate traders. It offers a mix of investment choices through market execution and an average spread from 1.6 pips. There is no commission on this account type, and the minimum deposit is $500.
• Premiere account: This account type is suitable for professional traders. It offers more competitive trading terms and a variety of services, including tighter spreads and lower commissions. The minimum deposit for this account type is $20,000.

Equiti also offers swap-free accounts for traders who follow Sharia law.

Advantages and disadvantages of each account type:

Account type	Advantages	Disadvantages
Demo account	Free to open	No risk to real money
Executive account	No commission	Average spreads
Premiere account	More competitive trading terms and services	Higher minimum deposit
Swap-free account	Compliant with Sharia law	May have higher spreads and commissions

Which account type is right for you?

If you are a new trader, I recommend opening a demo account first. This will allow you to practice trading without risking any real money. Once you are comfortable with trading, you can then open a live account.

If you are an intermediate trader, the Executive account is a good option. It offers a good balance of features and benefits.

If you are a professional trader, the Premiere account is the best option. It offers the most competitive trading terms and services.

If you follow Sharia law, the swap-free account is the best option for you.

Equiti Instruments

Equiti offers a wide range of trading instruments, including:

• Forex and CFDs on indices, commodities, shares, ETFs, and cryptocurrencies
• Precious metals
• Various partnerships

Equiti uses NDD execution, which means that it passes your orders directly to liquidity providers without any interference. This helps to ensure that you get the best possible prices on your trades.

Some of the most popular instruments traded on Equiti include:

• Forex: EUR/USD, USD/JPY, GBP/USD, USD/CAD, and AUD/USD
• Indices: S&P 500, NASDAQ 100, Dow Jones Industrial Average, FTSE 100, and DAX 30
• Commodities: Gold, silver, oil, and copper
• Shares: Apple, Amazon, Google, Microsoft, and Meta
• ETFs: SPDR S&P 500 ETF Trust (SPY), iShares Core S&P Total US Stock Market ETF (ITOT), and iShares Core World ex-US Stock Market ETF (IXUS)
• Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and Ripple

Equiti Fees

Equiti offers two different fee structures:

• Executive account: Spread only basis
• Premiere account: Built-in commission charges

In addition, Equiti charges an overnight fee (also known as a swap or rollover fee) on positions that are held open for more than one day, unless you have a swap-free account.

Here is a comparison of Equiti’s fees to other brokers:

Fee	Equiti	RoboForex	FxPro
Deposit fee	No	No	No
Withdrawal fee	Yes	No	No
Inactivity fee	Yes	Yes	Yes
Spread	Average	Low	Low
Commission	None (Executive account), built-in (Premiere account)	Built-in	Built-in
Overnight fee	Yes	Yes	Yes

Equiti Spreads

Equiti offers variable spreads on all of its trading instruments. This means that the spreads can fluctuate depending on market conditions. However, Equiti has a straightforward pricing model that is devoid of unnecessary mark-ups, incentives, or fees.

Equiti’s spreads are slightly higher than the industry average for Forex instruments. However, its spreads for other asset classes, such as commodities and indices, are more competitive.

Here is a comparison of Equiti’s spreads to other brokers for some popular trading instruments:

Asset/Pair	Equiti Spread	RoboForex Spread	FxPro Spread
EUR/USD	1.4 pips	1.4 pips	1.2 pips
Crude Oil WTI	34.25 pips	34.0 pips	33.0 pips
Gold	20 cents	1 point	27 cents

Deposits and Withdrawals

Equiti’s funding methods are excellent, with an overall rating of 8.9 out of 10. However, the minimum deposit is relatively high.

Here are some of the pros and cons of Equiti’s funding methods:

Pros:

• Fast digital deposits
• No internal deposit fees
• Most withdrawal fees are covered
• Multiple account base currencies

Cons:

• Payment methods vary according to regulation
• Some methods apply additional fees for withdrawals
• High first deposit requirement (500 USD for Executive account, 20,000 USD for Premiere account)

Deposit options

Equiti offers a variety of deposit options, including:

• Credit/debit cards
• Bank wire transfers
• E-wallets (Neteller, Skrill)

Minimum deposit

The minimum deposit for an Executive account is 500 USD. The minimum deposit for a Premiere account is 20,000 USD.

Comparison to other brokers

Equiti’s minimum deposit is comparable to that of other CFD brokers. However, some brokers offer lower minimum deposits for professional accounts.

Withdrawals

The withdrawal process at Equiti is straightforward and takes a relatively short amount of time. Equiti covers most payment fees, but there is a 1% fee for e-payment withdrawals.

Traders should check the availability of payment methods and applicable fees before making a withdrawal, as these may vary depending on the trader’s country of residence.

Equiti Trading Platforms

Equiti supports the MetaTrader 4 (MT4) platform, the most popular trading platform among traders. It also offers a web-based trading platform called WebTrader (EQTrader).

Equiti’s trading platforms are ranked Excellent, with an overall rating of 8.2 out of 10, compared to over 500 other brokers. This is due to the wide range of features and functionality offered by the platforms, including:

• Technical analysis tools
• Charting tools
• Risk management tools
• Order management tools
• Mobile trading apps

Equiti’s trading platforms are also user-friendly and easy to navigate.

Here is a comparison of Equiti’s trading platforms to those offered by other brokers:

Platforms	Equiti Platform	Pepperstone Platform	XM Platform
MT4	Yes	Yes	Yes
MT5	Yes	Yes	Yes
Own Platform	No	No	Yes
Mobile App	Yes	Yes	Yes

Equiti Customer Support

Equiti offers 24/6 customer support in multiple languages via live chat, international phone lines, and email. The customer service team is responsive and helpful, and Equiti’s customer support is ranked Excellent, with an overall rating of 8.9 out of 10.

Pros:

• 24/6 support
• Relevant and quick answers
• Live chat, international phone lines, and email

Cons:

• No 24/7 support

Equiti Education

Equiti offers a comprehensive educational program called the Equiti Academy, which includes a variety of learning materials, such as videos, webinars, guides, seminars, and market data. Equiti also has an online newsroom where traders can get the latest news and updates.

Equiti’s educational resources are ranked Excellent, with an overall rating of 8.2 out of 10. Equiti provides high-quality educational materials and excellent research, and it also partners with leading market data providers.

Here are some of the educational resources available through the Equiti Academy:

• Trading Fundamentals Course
• Technical Analysis Course
• Fundamental Analysis Course
• Trading Psychology Course
• Risk Management Course
• Live Webinars
• Video Tutorials
• E-books and Guides
• Economic Calendar
• News and Analysis

Equiti’s educational resources are suitable for traders of all levels of experience, from beginners to experienced professionals.