General Information & Regulatio
Eurotrader is a multi-licensed retail broker that offers CFDs across the forex, stocks, crypto, indices and commodities markets. The company was founded in 2018 by Dr Ozan Özerk and is headquartered in Cyprus. They are equipped with licences granted by CySEC in Europe, FINMA in Switzerland and FSCA in South Africa to give their clients the utmost confidence in the safety of their funds.
Through their platform, Eurotrader hopes to empower and educate traders of all abilities.
Market instrument
Eurotrader offers a wide range of trading instruments across multiple asset classes. Investors can choose from hundreds of assets across various financial markets, including forex, stocks, commodities, indices and cryptocurrencies.
Account type
Eurotrader offers three account types: Micro (deposit from $50), Zero (deposit from $50/500) and Hero (deposit from $25,000). The three different accounts are each tailored towards different experience levels, risk appetites and budgets. Eurotrader also offers swap-free accounts.
Leverage
Eurotrader sets different leverage for the three accounts. For the Micro account, the maximum leverage is 1:500. For the Zero account, the maximum leverage is 1:300, and the Hero account is up to 1:100.
Spreads & commissio
Different accounts at Eurotrader come with different spreads and commissions. Stocks, however, are always commission-free.
Spreads for the Micro account range from 1-1.2 pips, with no commission on forex and stocks.
The Zero account offers traders the choice between zero spreads and zero commission. For the zero spreads option, the minimum deposit amount is $500, with $2.75 commission on forex and 0-0.3 for typical spreads.
For zero commission, the minimum deposit size is $50, and the typical spread is 0.6-0.7.
Finally, the Hero account charges $2 on forex, and typical spreads are between 0-0.3.
Trading platform
Eurotrader clients can trade on industry favourites, MetaTrader 4 and MetaTrader 5. Both are user-friendly and easy to download, and they come with a number of built-in features and tools. With Eurotrader, traders will be able to tap into integrated tools on the platforms that are exclusive to Eurotrader. MT5 also supports the coding, installation and activation of Expert Advisors (EAs) which automate trading strategies.
Eurotrader also offers a copy trading in the form of Eurosocial, their copy trading app which is powered by Pelican.
Trading tool
Eurotrader provides a range of tools to help traders with their daily trading activities. They have a range of calculators and calendars, as well as daily market analysis and commentary. Traders can also access Eurotraders VPS for high-quality, uninterrupted trading access.
Deposit and withdrawal
Traders can deposit and withdraw funds into and from their accounts via several payment methods, including Visa, Mastercard, Bank Transfer, Ozow, Skrill and Neteller. Eurotrader does not incur any charges for withdrawals or deposits, but minimum deposit amounts may be required depending on the method used.
Accepted countrie
Eurotrader does not provide its financial services to clients from the United States of America.
Customer support
Eurotrader offers 24/5 omnichannel customer support, which includes email, phone call, live chat and messaging via popular social media platforms.
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