Eurotrader Journal
| Journal status: live Eurotrader joined in | not yet |
Eurotrader Profile
Website
Year
2015
Country
South Africa
Branches
2
Regulation
FSCA South Africa
Registration
FSCA South Africa, CySEC Cyprus, FINMA Switzerland
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Australia, Belgium, Canada, Japan, UK, US
Broker type
STP, DMA
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
3
LPs quality
Tier-1 Banks
LPs names
Citibank, JPMorgan, UBS
Eurotrader Accounts
STP
DMA
Minimum Deposit
50 $
500 $
Leverage
300 : 1
300 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
0.6 pips
0 pips
Commission
0 $/lotRT
5 $/lotRT
Volume
50 lots
50 lots
Margin Call
50 %
50 %
Stop Out
25 %
25 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Ozow
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
| Update broker |
- Full listing profile: Eurotrader broker profile
Is Eurotrader safe?
- Investor protection: no
- Regulation: FSCA South Africa
- Registration: FSCA South Africa, CySEC Cyprus, FINMA Switzerland
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is Eurotrader trusted?
- Information transparency: high
★★★★★ - Customer service: prompt, helpful
★★★★★ - Eurotrader website: highly detailed, updated
★★★★★ - Eurotrader popularity (by visitor count): low visits
★★
How Eurotrader works
Execution venues are the entities to which the orders are placed or to which the Company transmits orders for execution. The Client deposits funds with the Company and places an order via a trading platform which is managed by the Company and the Company is responsible for safeguarding of the clients’ funds. Upon receipt of the order, the Company opens an exactly identical order on the name of the client with the market maker, per order received or accumulatively.
13.5.7 Likelihood of Execution
The likelihood of execution depends on whether there are available prices from other market makers/financial institutions. However, in the event that the Company is unable to proceed with an order for any reason, including size and price, the order will not be executed.
https://www.eurotrader.com/assets/pdf/terms-conditions.pdf?v=5
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