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ET Finance Basic Information And Regulators

ET Finance Is A Trade Name Of MAGNUM FX, Established In September 2016, And The ET Finance Domain Name Was Registered With GoDaddy In July 2018. ET Finance Currently Holds An STP License Issued By The Cyprus Securities And Exchange Commission (license Number 359 /18).

ET Financial Security Analysis

ET Finance Is Currently Regulated By The Cyprus CySEC, A Global First-level Regulator. The Regulator Has Strict Supervision Of Foreign Exchange Brokers, Which Means That The Safety Of Investors' Funds And Trading Activities Are Protected To A Certain Extent. Investors Should Be Careful To Stay Away From This ET Finance Trading Platform.

ET Finance's Market Instruments

ET Finance Offers Investors A Wide Range Of Financial Trading Instruments Including Forex Currency Pairs, CFDs, ETFs, Indices, Stocks, Energy, Metals And Cryptocurrencies.

ET Finance's Accounts And Leverage

ET Finance Offers Investors Three Different Types Of Trading Accounts, Namely Silver Accounts, Gold Accounts And Platinum Accounts. The Leverage For Silver Accounts Is 1:30 For Major Currency Pairs, 1:20 For Minor Currency Pairs, Gold, Indices, Commodities 1:10, Stocks 1:5, Cryptocurrencies 1:2. Gold And Platinum Accounts Have A Forex Currency Pair Leverage Of 1:500, Indices And Commodities Leverage Of 1:125, And Company Stocks Leverage Of 1:10.

Spreads And Commissions At ET Finance

For Overnight Positions, ET Finance Charges 5% Overnight Interest. For Silver Accounts, Spreads Start At 0.07 Pips And There Is No Overnight Interest Discount. For Gold Accounts, Spreads Start At 0.05 Pips And There Is A 25% Overnight Interest Discount. For Platinum Accounts, Spreads Start At 0.03 Pips And There Is A 50% Overnight Interest Discount.

Trading Platforms Available At ET Finance

ET Finance Provides Traders With Three Powerful Trading Platforms, Namely WebTrader, MT4 Trading Platform And Mobile APP. MT4 Is Currently The Most Popular Forex Trading Platform With A Range Of Features And Intuitive Design, Supporting More Than 50 Technical Indicators, 30 Interactive Charting Tools, 9 Timelines, 30 Language Support. Traders Can Create And Customize Their Own Trading Strategies. WebTrader/web Trading Platform Has Almost All The Features Of MT4, With A Web-based Trading Interface That Allows Them To Trade Directly Without Downloading Any Software. The Mobile Application Offers Traders The Flexibility To Trade Anytime, Anywhere On Their Mobile Devices.

ET Finance Deposit And Withdrawal

ET Finance Supports Traders To Deposit And Withdraw Funds To Their Investment Accounts Through VISA, MasterCard, Skrill, Telegraphic Transfer. ET Finance Reserves The Right To Charge A $50 Withdrawal Fee On Inactive Accounts.

Advantages And Disadvantages Of ET Finance

Advantages Of ET Finance: 1. CySEC Regulation 2. Rich Financial Instruments 3. MT4 Trading Platform 4. Swap Offers 5. Thin Spreads

Disadvantages Of ET Finance: 1. Higher Fees For Idle Accounts 2. Limited Time Use Of Demo Accounts 3. Lack Of FAQ Section.