Overall, EuroTrader can be summarised as a reliable and trustworthy broker and is considered low-risk with low spreads and leverage from 1:100. EuroTrader has an overall trust score of 80 out of 99. EuroTrader offers a minimum deposit of $50 USD / R 800 ZAR and an Islamic account option.
EuroTrader At a Glance
| Broker's Name | EuroTrader |
| 📍 Headquartered | Larnaca, Cyprus |
| 📅 Year Founded | 2018 |
| ⚖️ Regulating Authorities | CySEC and FSCA |
| 🌐 Countries not accepted for trade | United States |
| 📌 Accounts | Micro Account Zero Account Hero Account |
| ☪️ Islamic Account (Swap Free) | Yes |
| 👍 Demo Account | Yes |
| 👉 Sign Up Bonus | No |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | $50 / R800 ZAR |
| 💳 Deposit Options | Visa MasterCard Bank wire transfer OZOW Skrill Neteller |
| 💳 Withdrawal Options | Visa MasterCard Bank wire transfer OZOW Skrill Neteller |
| 💻 Platform Types | MT4, MT5 |
| 📱 OS Compatibility | Desktop Windows Android iOS devices Web browsers |
| 📈 Tradable Assets | Forex Stocks Crypto Indices Commodities |
| 👨💼 Languages supported on Website | English, Chinese and Arabic |
| 👥 Customer Support Languages | English, Chinese and Arabic |
| 📆 Customer Service Hours | 24/5 |
| 🔎 Open an Account | 👉 Click Here |
Min Deposit
USD 50
Regulators
CySEC, FSCA
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our EuroTrader below.
EuroTrader Review – 20 key point quick overview:
EuroTrader At a Glance- EuroTrader Overview
- EuroTrader Safety and Security
- EuroTrader Sign-Up Bonus
- EuroTrader Minimum Deposit
- EuroTrader Demo Account
- EuroTrader Leverage
- EuroTrader Accounts
- EuroTrader Market instruments
- EuroTrader Fees, Spreads & Commissions
- EuroTrader Deposit and withdrawal
- EuroTrader Trading platforms
- EuroTrader Best Countries by Traders
- EuroTrader Current Popularity Trend
- EuroTrader vs Exness vs XM – a Comparison
- EuroTrader Customer Reviews
- EuroTrader Pros and Cons
- EuroTrader Conclusion
- EuroTrader Disclaimer
- Frequently Asked Questions
EuroTrader Overview
According to research in South Africa, EuroTrader is a regulated online broker that is based in Larnaca, Cyprus, and has been in operation since 2018.
EuroTrader offers retail and institutional trading in more than 200 financial assets, such as forex, stocks, indices, cryptocurrencies, and commodities. Traders can be done on the MetaTrader4 and MetaTrader5, which are available on the web, desktop, and all Android and iOS devices.
In addition to the competitive trading conditions, EuroTrader offers various educational tools and guidance through the EuroTrader Academy, which is packed with learning materials that include tutorial videos and trading guides.
Clients of the United States are not accepted by EuroTrader.
EuroTrader Safety and Security
When traders evaluate brokers, regulation is one of the most crucial components that must be considered. Regulated brokers are required to comply with stringent rules and regulations set by regulatory entities and through this, client fund security can be ensured.
The activities of regulated brokers are also overseen by such entities to ensure that there is no fraud or foul play, and to ensure that traders are always protected against such activities.
EuroTrader is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) as well as the Financial Sector Conduct Authority (FSCA) of South Africa.
The regulation through CySEC means that the broker is also subjected to the rules and regulations laid down by the European Union’s Market of Financial Instruments Directive (MiFID II). This means it can extend its service across Europe.
All client funds are kept in accounts separate from the broker’s accounts and only traders have access to their funds. EuroTrader also offers extra protection through Civil Liability Insurance, covering traders for up to € 2 000 000.
EuroTrader Sign-Up Bonus
EuroTrader does not offer new traders a sign-up bonus or also known as a welcome bonus when signing up.
EuroTrader Minimum Deposit
| ⭐ Features | ℹ️ Information |
| 💰 Minimum Deposit | $50 USD / R800 ZAR |
| 📊 Average spreads from | From 0.03 pips up to .2 pips |
| 💳 Deposit / Withdrawal fees | None |
| 📊 Maximum leverage | 1:100 |
| 🔥 Bonus | none |
| ☎️ Customer support | 24/5 |
The minimum deposit amount required to register a EuroTrader trading account is $50. This minimum deposit is equivalent to R800 ZAR at the current exchange rate between the South African Rand & United States Dollar.
EuroTrader Demo Account
EuroTrader does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The EuroTrader demo account does not have a specific expiry date.
In addition to the account types offered, EuroTrader also offers traders the option of registering a demo account. This can be done either through MetaTrader4 or MetaTrader5. It is not clear for how long the demo account is valid but most brokers offer it for 30 days.
EuroTrader Leverage
Leverage is a tool that is offered by numerous brokers to traders. With leverage, traders can open larger positions, allowing traders more exposure to the market in which they are trading despite their initial deposit.
However, as beneficial as leverage may be, it can also be detrimental when used incorrectly or abused. Leverage increases a trader’s chance of gains and thus, it also increases the risk of losses.
Traders are at risk of incurring losses that may exceed their initial deposit, leading to a negative balance on their trading account if the trader does not have the benefit of negative balance protection.
Leverage is expressed as a ratio, for instance, 1:1, 1:50, 1:100, 1:500, and even up to 1:3000. Leverage and margin go together, with margin being the amount required from the trader at the start of the trade. This amount serves as collateral for any credit risks which may arise.
EuroTrader provides traders with leverage of up to 1: 500.
Min Deposit
USD 50
Regulators
CySEC, FSCA
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
EuroTrader Accounts
| 🔎 Account | 📈 Micro Account | 📉 Zero Account | 📊 Hero Account |
| 💵 Minimum Deposit (USD/$) | $50 | $500 | $25 000 |
| 💳 Minimum Deposit (R/ZAR) | R800 ZAR | R8 000 ZAR | R400 000 ZAR |
| 📊 Commission on stocks | $0 / R0 ZAR | $0 / R0 ZAR | $0 / R0 ZAR |
| 📊 Commission on Forex | $0 / R0 ZAR | $2.75 / R44 ZAR | $2 / R32 ZAR |
| Typical spread | 1-1.2 pips | 0-0.3 pips | 0-0.3 pips |
| 💳 Maximum trade size | 10 lots | 50 lots | 1000 lots |
| 💳 Maximum leverage | 1:500 | 1:300 | 1:100 |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
A Forex account is a trading account that traders hold with a specific broker with the purpose of trading financial instruments. Brokers may offer traders either with a variety of accounts, with each catering for varying levels of skill, knowledge, and experience, or a single account that can be used.
The number of accounts along with the features offered will vary from one broker to the next. For this reason, traders must evaluate brokers and make use of the demo accounts offered to explore the broker’s offering.
EuroTrader offers traders three live account types, namely:
- Micro Account
- Zero Account
- Hero Account
Micro Account
This account deals with smaller trading volumes and is ideal for beginner traders. The minimum deposit requirement is $50 / R800 ZAR and there are zero commission charges on stocks and forex. Variable spreads between 1 – 1,2 pips are offered on a maximum leverage of 1: 500.
Zero Account
This account type is more focused on the more advanced trader and has a minimum deposit requirement of $500 / R8 000 ZAR. The maximum leverage is 1: 300 and spreads start at 0.0 pips. Commissions of $ 2.75 are charged on forex trading.
Hero Account
This account type is the right choice for the extremely experienced trader. The minimum deposit requirement is $25 000 / R400 000 ZAR with variable spreads start from 0.0 pips. Commissions of $ 2.00 are charged on forex trading and the maximum leverage is 1: 100.
How to open a EuroTrader account
1. Step 1 – Register an account
Visit the EuroTrader website and select the “Start Trading” option.
2. Step 2 – Select account
Once you have selected this option you will be redirected to a new page where you need to indicate whether you are an individual or a company.
3. Step 3 – Complete information
You will now be redirected to an online registration form where you will need to complete all the required fields before continuing. Next, you need to upload the necessary documents for verification.
Once you’re verified and approved, you can start trading.
EuroTrader Market instruments
EuroTrader offers traders more than 200 financial instruments which can be traded. Traders have a choice between forex, stocks, crypto, indices, and commodities.
EuroTrader Fees, Spreads & Commissions
Another crucial factor that traders must consider when evaluating a broker is the fees that they will incur. These fees relate to both trading and non-trading activities and actions.
Trading Fees
One of the first fees that traders will encounter concerns a minimum deposit fee which is paid after the trader has completed account registration. EuroTrader charges a minimum deposit depending on the type of account that traders register for.
Next, traders must consider the spreads, commissions, and margin requirements. With EuroTrader the spreads on the Micro account start at 1.0 pip and on the Zero and Hero accounts start from 0.0 pips.
EuroTrader offers zero-commission trading on the Micro account but the Zero account occurs a $ 2.75 commission when trading in forex and a $ 2.00 commission fee when using the Hero account.
Non-trading fees
Where non-trading fees are considered, traders must consider fees relating to account inactivity, deposit and withdrawal fees, account management and maintenance fees, currency conversion fees, and others.
EuroTrader does not charge any deposit or withdrawal fees, but traders may be subjected to transaction fees, charged by their bank. It is not clear what other non-trading fees are required.
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EuroTrader Deposit and withdrawal
When evaluating brokers, the ease with which deposits and withdrawals can be made is another imperative factor to consider.
EuroTrader offers traders the following payment methods for deposits and withdrawals:
- Visa
- MasterCard
- Bank wire transfer
- OZOW
- Skrill
- Neteller
All deposit methods have an instant processing time, except for bank transfers, which take 1-5 business days. Base currencies accepted are EUR, USD, GBP, and ZAR.
When evaluating brokers, the ease with which deposits and withdrawals can be made is another imperative factor to consider.
EuroTrader offers traders the following payment methods for deposits and withdrawals:
- Visa
- MasterCard
- Bank wire transfer
- OZOW
- Skrill
- Neteller
All deposit methods have an instant processing time, except for bank transfers, which take 1-5 business days. Base currencies accepted are EUR, USD, GBP, and ZAR.
EuroTrader Trading platforms
The trading platform is the software that traders use to execute their trades. Each broker reserves the right to offer their own preferred trading platform. Where some brokers offer a variety of third-party platforms, others prefer offering their own proprietary platforms, if they have one.
EuroTrader offers both MetaTrader4 and MetaTrader5 which can be used to execute trades. Both these trading platforms are powerful and allow for diverse customization.
Both trading platforms are available for use with desktop PCs and mobile devices that run on either iOS or Android. Alternatively, traders can also use either trading platform from their web browser.
EuroTrader Best Countries by Traders
| 🌎 Country of Trade | 📌 % of Traders |
| 🥇 Italy | 39.14% |
| 🥇 Iran | 18.38% |
| 🥇 El Salvador | 17.64% |
| 🥇 Serbia | 4.57% |
| 🥇 United Kingdom | 3.40% |
| 🥇 Others | 16.88% |
EuroTrader Current Popularity Trend
According to Google Trends, here is an overview of how frequently the search term – “EuroTrader” is entered into Google’s search engine over a given period of time.
EuroTrader vs Exness vs XM – a Comparison
| 🔎 Broker | 🥇 EuroTrader | 🥈 Exness | 🥉 XM |
| Established | Established in 2018 | Established in 2008 | Established in 2009 |
| 💵 Min. Deposit | $50 USD / R800 ZAR | $1 USD / R16 USD | $5 USD / R80 ZAR |
| 💳 Inactivity Fee | No | Yes | Yes |
| ☪️ Islamic Account | 📌 Yes | Yes | Yes |
| 🎉 Demo Account | Yes | Yes | Yes |
EuroTrader Customer Reviews
The broker was quite professional and…
The broker was quite professional and their spread is super competitive. Special mention to the account manager Vasilis who makes things happen and is always committed to giving the best services to his partners.
I really wish the best for EuroTrader.
Very happy to work with this company…
Very happy to work with this company Eurotrader.com and fast service and many thanks to Tony for helping me here
Thanks
Excellent broker with fast withdrawals…
Excellent broker with fast withdrawals smooth prices no slippage fast verification process.
I am working as an affiliate since 2015 and found Euro Trader as the best broker special Thanks to Brian Sandoval his assistant is a very fast very nice and Cool person who understands all problems and creates solutions in seconds.
EuroTrader Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well regulated | Tight spreads not offered |
| MetaTrader4 and 5 offered | US clients not accepted |
| No deposit or withdrawal fees charged | Commission charges on forex trading |
| Demo account available | |
| Islamic Account offered | |
| Many educational and research tools |
EuroTrader Conclusion
EuroTrader is a well-regulated online trading broker with over 200 financial instruments to choose from. The ever-popular MetaTrader4 or the upgraded MetaTrader5 can be used to trade. It also offers a variety of educational tools.
With variable spreads starting at 0 pips, commission-free trading, quick execution speeds, and convenient payment methods, the trading conditions are competitive and transparent.
It provides a choice of three live account types to meet the needs of both novice and experienced traders. Any of the account types can be converted into an Islamic Swap-free account.
EuroTrader offers a training academy, financial news, and some useful trading tools in addition to a top-notch trading environment to help traders with their day-to-day trading activities.
Min Deposit
USD 50
Regulators
CySEC, FSCA
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
EuroTrader Disclaimer
EuroTrader warns potential customers that trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a degree of risk to your capital. Traders should ensure that they fully understand the risks involved, taking into account their investment objectives and level of experience before trading. If necessary, seek independent advice.
The website of EuroTrader does not disclose all the associated risks or other important aspects of CFDs and it should not be considered as investment advice or recommendation for the provision of any service or investment in any financial instrument.
Clients should not carry out any transaction in CFDs or any other financial instruments unless they are fully aware of their nature, the risks involved, and the extent of their exposure to these risks.
In case of uncertainty as to the meaning of any of the warnings described the client must seek independent legal or financial advice before making any investment decision.
Before deciding to trade with EuroTrader, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose, according to research in South Africa.
Frequently Asked Questions
Is EuroTrader regulated in South Africa?
Yes. EuroTrader is regulated by the FSCA (Financial Services Conduct Authority) in South Africa as well as by CySEC (Cyprus Securities and Exchange Commission.
What is the overall rating for EuroTrader out of 10?
The overall rating for EuroTrader is 8/10
How many instruments can I trade with EuroTrader?
You can trade any of the following:
- Forex
- Stocks
- Crypto
- Indices
- Commodities
Which platforms are supported by EuroTrader?
MetaTrader4 and MetaTrader5.
How do you make a deposit and withdrawal with EuroTrader?
You can use any of the following:
- Visa
- MasterCard
- Bank wire transfer
- OZOW
- Skrill
- Neteller
