ETFinance Fees Spreads and Commission vary according to the account type that the trader is using. 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.
ETFinance at a Glance
| 🔎 Broker's Name | ETFinance |
| 📍 Headquartered | Cypress |
| 📅 Year Founded | 2016 |
| ⚖️ Regulating Authorities | CySEC |
| 🌐 Countries not accepted for trade | United Kingdom, Belgium |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:30 |
| 💰 Minimum Deposit | $250 (R4013,83 USD/ZAR at the time of writing) |
| 💳 Deposit Options | Debit and credit cards, bank wire transfers and Skrill. |
| 💳 Withdrawal Options | Debit and credit cards, bank wire transfers and Skrill. |
| 💻 Platform Types | MetaTrader 4 |
| 📱 OS Compatibility | PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex, indices, commodities, metals, energies, and shares |
| 👨💼 Languages supported on Website | Multiple languages |
| 👥 Customer Support Languages | Multiple languages |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
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 Fees Spreads and Commission below.
ETFinance Fees and spreads – 9 key points quick overview:
ETFinance at a Glance- ETFinance Fees and spreads – 9 key points quick overview:
- ETFinance Fees and Spreads
- ETFinance Additional Trading Fees
- ETFinance Broker Fees
- ETFinance Customer Reviews
- ETFinance Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is our overview of the ETFinance Fees Spreads and Commission as well as the features that are offered, which could affect your trading.
ETFinance Fees and Spreads
Traders with ETFinance can expect the following spread list:
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.
The broker offers a commission-free structure on trading so that the pricing offer is extremely competitive overall.
ETFinance Additional Trading Fees
ETFinance does not charge deposit fees, although a withdrawal fee of up to $50 (R697.95 USD/ZAR at the time of writing) may be charged on accounts that have registered little to no trading activity.
ETFinance also charges a €160 monthly inactivity fee for accounts that have remained dormant for more than two months, and the fee can reach as high as EUR500, which can be an exorbitant cost.
The broker does charge swap fees, up to 5%, also referred to as overnight fees.
A swap or rollover fee is the net interest return on a currency position held overnight by a trader. That is, when trading currencies, an investor borrows one currency to buy another. The interest paid, or earned, for holding the position overnight is called the rollover rate.
A swap-free account is available for traders of the Muslim faith, for whom such interest is strictly prohibited by Sharia law.
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 Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution.
As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.
As ETFinance is not a spread betting broker, and so spread betting fees will not apply.
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, 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.
ETFinance Pros and Cons
| ✔️ Pros | ❌ Cons |
| Commission-free trading structure | High inactivity fees |
| No deposit fees | Withdrawal fees on dormant accounts |
| Very tight spreads |
Conclusion
ETFinance Fees Spreads and Commission vary according to the account type that the trader is using. 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.
You might also like: ETFinance Review
You might also like: ETFinance Account Types Overview
You might also like: ETFinance Demo Account – Step by Step
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 do ETFinance fees and spreads compare to similar brokers?
ETFinance can be summarised as a credible and trustworthy broker and is considered average-risk with competitive trading fees and spreads.
Does spread betting cost apply to ETFinance?
In its simplest form, making a spread bet is a trade on the price of an asset rising … the profit is €10,000, minus any applicable taxes and commissions.
Does ETFinance Broker charge inactivity fees?
If your account is inactive for two or three months, you will be charged a monthly inactivity fee of €80.
Does ETFinance charge overnight Fees?
ETFinance does charge swap fees, up to 5%, also referred to as overnight fees.
Will I have to pay any deposit or withdrawal fees with ETFinance?
No, but fees from a financial institutions may apply.
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