ETFinance Account Types

ETFinance provides traders with three account options, which consist of the Silver, Gold, and Platinum Accounts. Al three accounts have maximum leverage of 1:30

ETFinance at a Glance

Overall Rating

• 4.1/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 250

Regulators

CySEC

Trading Platform

MT4

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Choose your quick section of our ETFinance Account Types below.

ETFinance Account types – 11 key points quick overview:

1. ETFinance at a Glance
2. ETFinance Account types – 11 key points quick overview:
3. ETFinance Overview
4. ETFinance Account Types
5. ETFinance Account Features
6. ETFinance Demo Account
7. ETFinance Islamic Account
8. ETFinance Customer Reviews
9. ETFinance Pros and Cons
10. Conclusion
11. Frequently Asked Questions

To facilitate efficient and streamlined trading, ETF Finance has chosen some of the most award-winning trading platforms in the world – WebTrader and MetaTrader.

ETFinance Overview

ETFinance is a well-regarded European Forex broker that offers traders access to a wide range of tradable instruments on the MetaTrader 4 platform.

ETFinance offers CFD trading on a variety of financial assets, such as stocks, indices, currencies, cryptocurrencies, and commodities. This allows traders to choose their approach according to their abilities, giving them the freedom to diversify their portfolios or focus on a specific field.

To facilitate efficient and streamlined trading, ETFinance has chosen some of the most award-winning trading platforms in the world – WebTrader and MetaTrader.

Both are intuitive, easy to use, and fully operational, allowing traders to explore their powerful features easily and quickly from their personal computers or mobile phone.

Beginner traders are offered a range of educational materials that include eBooks, courses, and tutorials, while experienced traders can benefit from a solid range of independent analytics outside of those built into the MetaTrader platform.

These analytics offerings include an economic calendar, an earnings calendar, trading signals, and daily news, creating a feature-rich environment that supports the execution of successful trading.

Overall, ETFinance provides a feature-rich trading environment that ensures security through its strong regulation and well-facilitated access to the global markets.

Traders can choose from a diversified portfolio of assets and instruments, which can be traded on the MetaTrader 4 platform, the gold standard when it comes to trading software.

Added to this, the broker offers tight, competitive spreads and commission-free trading, presenting an attractive selection of trading conditions that will benefit a variety of trading types.

ETFinance Account Types

ETFinance provides traders with three account options, which consist of Silver, Gold, and Platinum Accounts. Each account has been designed for different experience levels, starting with Silver for newcomers, Gold for seasoned traders, and Platinum for experts.

Added to this, traders can also apply for a demo account upon registering with the broker and test out the numerous trade features in a risk-free environment before commencing live Forex trading.

Opening an account with ETFinance will consist of the steps below.

Step 1 – Open Your Account

• You will first need to register for a real account before you can open a demo account

Step 2 – Fill out the form

• Go to the account registration area on the ETFinance website. This can be done by clicking on Open Account at the top of the landing page
• Fill out the online registration form. You will need to provide your full name, email address, and country of residence
• Once your registration has been approved, you can then choose to sign up for a demo account

Step 3 – Documents & Deposit

• To verify your account, you will need to submit the following documents:
• Proof of identity
• Proof of residence
• Once your account is approved, you can make your first deposit via one of the secured payment methods: a credit card, a bank transfer, or an e-wallet.

The registration process takes no more than several minutes. After you have provided all the required information and documents, it will take up to 2 business days to verify your account.

ETFinance Account Features

Silver Account

The Silver account has everything you need at the beginner’s stage.

750 Assets

07 Minimum Spreads

1:30 Maximum Leverage

Full 10-hour support from 10 am – 8 pm GMT

 Gold Account

05 Minimum Spreads

1:30 maximum leverage*

1:400/1:500 maximum leverage**

Dedicated account manager

Webinars & videos

Hedging

Swap discount of 25%

 Platinum Account

03 minimum spreads

1:30 maximum leverage*

1:400 / 1:500 maximum leverage**

Dedicated account manager

Webinars & videos

Swap discount of 50%

News alerts

Free VPS

Professional Traders

Professional trading terms allow more freedom for maneuvering and fully carrying out your trading strategies.

If you believe you have enough experience and talents, apply for a pro account, and enjoy premium trading conditions, for all available assets, early access to products, and extensive loyalty programs that will turn your trading journey into a more enhanced experience.

Applicants must have opened an average of 10 trades per quarter over the previous four quarters with leveraged trade size of €3,000 or more for cryptocurrencies/stocks or €12,500+ for investments in Forex/commodities

Applicants must have at least one year of professional experience working in the financial industry, and with leveraged products or CFDs in particular.

Applicants must have a trading portfolio equivalent to or exceeding €500,000 including cash deposits and financial instruments.

ETFinance Demo Account

Once you are registered, you can also trade in a simulated environment using a practice account with $100k of virtual money.

It is designed for practicing your trading skills, polishing your strategies, and testing new techniques. It is important to note that the demo account looks just like a live account, so make sure you are indeed trading using the practice environment when practicing.

A practice account is available for 7 days.  If you need more practice before trading life, you can contact your account manager and ask him about renewing your practice account.

You can switch between a demo account and a live account. In the Client area, you will see both live and practice accounts with respective labels. Once you decide to go live, just click on the “Launch” button of the account labeled “Live”.

ETFinance Islamic Account

ETFinance also offers an Islamic Account to traders of the Muslim faith. There is a significant difference between silver, gold, and platinum accounts and an Islamic Trading Account.

As traders of the Islamic faith are forbidden to pay interest to abide by the law of Islam, some Forex brokers use swap charges to cover the interest.

However, although the charge is transferred to a different type of fee, the meaning is still the same. ET Finance, on the other hand, imposes no additional charges.

Furthermore, traders with the Islamic Account will have the following competitive features:

Raw pricing on Islamic Account

Instant free access to trading platforms

No spread widening

Leverage of up to 1:400 for professional clients

No hidden costs of requotes

Same trading environment, same trading conditions

No upfront commissions

24/5 support from a dedicated account manager

No time limit for holding positions

Also known as ‘no swap accounts’, Islamic trading accounts allow Muslims to engage in online forex trading in compliance with Sharia law.

With 25% of the world’s population practicing the Islamic faith, Islamic forex trading has continued to gain popularity worldwide.

Essentially, an Islamic forex trading account charges no swap or rollover interest on positions held overnight in the forex market. An administration fee is, however, charged on some accounts to open positions.

ETFinance Customer Reviews

I like this broker

I like this broker. Trading conditions are quite decent, and the platform and website are really easy to use. Customer support answers quickly and is really helpful.

I have been trading on this site for…

I have been trading on this site for several months, and quite successfully, a reliable trading platform. They respond quickly and competently to solve any problems that arise. Many thanks!

I am more than satisfied with the site

I am more than satisfied with the site, the platform is very fast, which is a large benefit. Reliable and trustworthy, very useful. I highly recommend trading with this broker. Thank you very much for your quick and efficient methods of trading.

Overall Rating

• 4.1/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 250

Regulators

CySEC

Trading Platform

MT4

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

ETFinance Pros and Cons

Conclusion

ETFinance provides traders with three account options, which consist of Silver, Gold, and Platinum Accounts. All three accounts have maximum leverage of 1:30

You might also like: ETFinance Review

You might also like: ETFinance Demo Account – Step by Step

You might also like: ETFinance Fees and Spreads

You might also like: ETFinance Islamic Account Overview

You might also like: ETFinance Minimum Deposit

You might also like: ETFinance Sign up Bonus

Frequently Asked Questions

How many instruments can I trade with ETFinance?

ETFinance offers 50 forex pairs, 20 indices, and 17 commodities, including precious metals and energies, as well as hundreds of shares from US, European and Australian companies.  Added to this, there are 33 cryptocurrency pairs, including Bitcoin, plus a handful of ETFs.

What spreads can I expect with ETFinance?

Average spreads on major forex pairs are 0.7 pips for the EUR/USD, 1.3 pips for the GBP/USD, and 0.9 pips for the EUR/GBP. Spreads are variable, meaning that they fluctuate with market conditions.

Does ETFinance offer leverage?

Yes. Silver account holders are limited to retail leverage rates of 1:30 on major and minor FX pairs, 1:20 on exotic pairs, gold, and indices, 1:10 on commodities, 1:5 on stocks, and 1:2 on cryptocurrencies.

Gold and Platinum account holders, if classed as professional traders, can access higher leverage rates up to 1:500 on forex pairs, 1:125 on indices and commodities, and 1:10 on company stocks.

Does ETFinance allow hedging and scalping?

 You are allowed scalping, hedging, and the chance to enjoy a low minimum deposit.

Are there any apps available for an ETFinance trading account?

Compatible with Android and iOS, the mobile app works on any portable device. Full access to trading tools, instant account synchronization, one-tap trading