Equaledge Review

Launched in 2023, Equaledge is an established online retail broker that lets you trade the markets via user-friendly platforms.

equaledge.co

They offer clients around the globe a decent selection of more than 450 trading instruments across different asset classes such as forex, stocks, shares, commodities, precious metals, and cryptocurrency.

You can trade hundreds of financial instruments with low spreads from just 0.5 pips, and commission-free accounts are available if you need them for your trading strategy. They can be a good choice for anyone looking to get convenient access to the global markets across all your devices with minimal hassle.

Overview of the benefits and negatives of this forex brokerage

Summary

Being founded in 2023, equaledge.co aims to grow into a world-leading online broker. Operating from Kingstown, St. Vincent and the Grenadines, Equaledge is a multi-asset brokerage firm focused on providing clients with the best trading environment possible.

The Broker offers you with the popular easytech trading platform to help ensure seamless access to over 200 financial markets. They give you access to trade online with extremely competitive trading conditions, such as low spreads from just 0.5 pips, zero commission fees, leverage of up to 1:400, around-the-clock support, flexible account types and convenient funding options.

1. The minimum deposit amount required to start trading is $5000.
2. It is quick and easy to open an account to get instant access to the world’s top markets as a service-focused, global online trading brokerage.
3. I found them to be quick and helpful in responding to my questions when reviewing their service.

Trading Conditions

Equaledge client’s orders are executed with No Dealing Desk intervention, resulting in superior pricing, faster results, greater liquidity, and fewer outages. This also ensures that there should be no conflict of interest between trader and Broker, as there may be a dealing desk between the client’s order being sent and the market.

In addition to this, Equaledge invests heavily in behind-the-scenes network technology to significantly lower latency. From rock-solid platforms and lightning-fast trade execution to low spreads and flexible leverage across the broker’s product suite, traders should confidently rely on Equaledge to deliver any time they’re ready to take a trading opportunity. I don’t see many brokers doing this, so it is a great initiative to stand out.

Equaledge works with several advanced liquidity providers to reduce the risk of experiencing slippage as much as possible.

The Broker is connected to some of the most advanced technology and liquidity providers, making trades reach their servers quicker, inevitably reducing the need for requotes.

Regulation

The Website is Owned by Duosoft 2934LLC 2023 and registered address at The Euro House, Kingstown St. Vincent and the Grenadines.
I would’ve preferred if they had at least one tier-one regulatory body regulating them, as this would significantly improve their trustworthiness.

That said!

The Broker has dedicated compliance and customer support teams that ensure compliance with the regulator’s investor protection mechanisms. Many may argue that one of the best ways to try and avoid potential scams is to trade with a regulated broker. I don’t disagree, either.

Under the supervision of multiple regulatory agencies, the Broker must strictly abide by the capital supervision regulations and adopt sound internal risk management procedures. They also have complete financial reports and independent external audit plans. I appreciate it when brokers make their financial statements public, as I like to go through them myself, too, just to be safe.

Funds

The client’s funds are kept separately from the company’s capital and subject to the bank’s priority protection. No matter under what circumstances, they should not use the client’s funds for company operations. Therefore, this can help ensure client funds’ safety and give me peace of mind that my funds are safe.

Countries

The Broker’s services are not directed to residents of certain jurisdictions such as the United States, Singapore,  Iran, Cuba and other regions where such distribution or use would be contrary to local law or regulation.

Security Of Funds

Risk Management

Equaledge continually detects, assesses, monitors, and controls each risk associated with platform users’ trading transactions, operations, and actions. This means that they continuously evaluate the effectiveness and compliance of the policies, approaches, and procedures. Such a system approach allows Equaledge to cover its financial needs and capital requirements quickly.

Segregated Accounts

Equaledge is ensuring the ultimate protection of clients’ funds. They apply a model that keeps our clients’ funds separate from the company funds. In the unlikely event that Equaledge would ever enter liquidation, the clients’ funds are wholly segregated off the balance sheet and cannot be used to cover the company’s debts and pay back creditors.

Top EU Banking Institutions

Equaledge attentively chooses the financial services to partner with. Equaledge needs additional facilities to support and conduct transactions. They partnered with payment service providers to work with numerous banks worldwide, including central tier-one banks such as Barclays, HSBC & Deutsche Bank. Rest assured, the security of Clients’ funds, alongside Execution and Customer support, forms the essential focus of Equaledge’s activity.

Equaledge Review – Trading Platforms

Equaledge provides traders with the Easytech trading platform.

As part of the broker’s commitment to seamless trading experiences, I like how the platform offers advanced charting tools, several technical indicators, real-time price charts, market news and insights. With access to unlimited charts, nine timeframes and technical indicators and a flexible interface, the trading platform allows you to precisely monitor the markets.

The  Equaledge Trading Platform is free to download for desktop, containing full functionality. The web-based version runs directly in most modern web browsers without installing software. The mobile trading app is great for those who need to analyse the markets whilst on the move. I would recommend the mobile app for everyday use and the web version if you add indicators and other software to your charts. You can trade anywhere worldwide, provided you have an internet connection.

equaledge Trading platforms

Equaledge WebTrader

With the  Web Trader, you will find that trading becomes highly flexible. You can trade from a browser on your preferred device without downloading additional software. The platform will always be up to date, which is great.

Key features of the WebTrader platform include the following:

• The web platform operates without any additional software
• Compatibility with Windows, Mac, and Linux operating systems
• Reliable data protection
• Netting and hedging position accounting systems
• All types of trading operations
• Advanced Market Depth and One-Click Trading
• Three chart types and nine timeframes
• Online support 24/5

additionally there is a version available for the desktop as well as your Mobile that will work on all devices.

Equaledge Review – Markets

Equaledge offers a generous selection of 450+ products to trade, delivering countless opportunities to traders with different interests. I would’ve preferred a better sizable offering as most brokers offer over 1000+ products to sell from. You can trade forex currency pairs, individual stocks/shares, indices, commodities, precious metals such as gold and silver and cryptos, including Bitcoin and Ethereum.

Forex

The Broker provides forex traders access to trade forex with over 40 currency pairs with competitive spreads and fast execution.

• Trade EURUSD, GBPUSD, USDJPY and more
• Major, minor and exotic currency pairs
• Leveraged trading
• Advanced trading platform
• Top-tier liquidity

Indices

The Broker offers major indices trading products worldwide, including USDX,  SP 500 and HSI.

• Commission from 0 USD
• Trade Nasdaq and many others
• Trade the largest shares together
• Low spreads and leveraged trading
• Sophisticated trading platform
• Long & short position trading
• No need to own any shares

Commodities

Equaledge offers commodities trading with leverage and competitive spreads.

• Commission from 0 USD
• Trade Crude Oil and gas
• Trade different commodities from one account
• Take advantage of some of the most volatile markets
• Option to use leverage to trade
• Powerful trading platform
• Long & short position trading
• No need to own any commodities

Shares

Equaledge offers CFD trading in more than 100 shares with competitive prices and superior order execution.

• Trade the most famous global companies
• Trade international shares long or short
• Low spreads and leverage available
• Intuitive trading platform

Cryptocurrencies

The Broker has popular cryptocurrencies CFDs, including Bitcoin and Ethereum and a unique range of cryptocurrency products.

• Spreads as low as 3.6 pips
• Trade Bitcoin and Ethereum
• Long & short position trading
• No need for a crypto wallet
• Easy-to-use trading platform
• Leveraged trading available

cryptocurrencies trading

CFD Trading

When you trade global markets with Equaledge, you can take advantage of rising and falling prices through CFDs. A CFD (Contract for Difference) is a derivative financial product that allows investors to take a long or a short position in an underlying asset without taking physical ownership of the purchase.

A CFD is concluded between two parties: a buyer and a seller. The contract stipulates that the seller must pay the buyer the difference between the asset’s value at the beginning of the contract and its value at the end of the contract. If the difference is negative, the buyer will pay the difference to the seller.

Equaledge Review –  Trading Accounts

I appreciate that the Broker understands that clients come from different backgrounds, trading styles, and needs. This is why they provide a variety of account types to choose from. Several accounts have various trading conditions designed to fit your profile.

All account types provide competitive spreads, expert market analysis, and free educational material. You can trade more than 200 financial markets from one account. The trading conditions, such as spreads and fees, change depending on the account type that you opt for.

The type of account you opt for will likely depend on your strategy. There are low-spread and commission-free accounts, depending on what matters most.

Equaledge offers the following trading account options

Support

Equaledge’s professional multilingual customer support team is ready to assist you and provide an incomparable trading experience. I found out that they can be contacted via any of the following contact channels: telephone and email. I also found the support team to respond quickly and politely. though i would suggest to open additional means of communication like a chat or webform.

Customer service is available 24/5, which is great as it means that you can get around-the-clock support wherever you are based in the world. I would’ve preferred if they were available on weekends as this is when most traders are known to ask questions.

at this time we could not find any Social media presence for this brand but is likely to change in the future!

Funding

The Broker provides clients various flexible deposit or withdrawals methods and multiple base currency options. You are allowed to deposit and withdraw funds using any of the following payment methods:

• Bank Transfers
• Credit/Debit cards
• Cryptocurrency

The time taken to process transactions may vary depending on the payment method used. Some payments can be instant, whereas others may take a few business days to clear. With the most advanced payment system, they aim to process 85% of withdrawal requests in less than 10 minutes. This is great because sometimes I need access to funds to take advantage of a market move before it is too late.

Some payment systems may have transaction limits, restrictions and requirements, indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries, as I had to do it too. They strictly do not accept third-party payments. All funds deposited into your trading account must be under the same name as yours.

Deposit methods Equaledge

Equaledge Review Conclusion

Equaledge is a multi-asset brokerage firm that operates from Kingstown, St. Vincent and the Grenadines. They allow you to trade a reasonable range of financial instruments via the sophisticated and user-friendly trading platform while providing the right resources and trading conditions to ensure a seamless trading process. This includes tight spreads, fast execution speeds, low commission fees and flexible funding options.

I don’t believe they’re offering anything out of the ordinary. The Broker also provides an excellent range of trading resources to enhance the overall trading experience. Their trading platform is fast and easy to understand. Overall this is a nice brokerage that is still somewhat on the smaller side allowing it to provide premium service to all its clients.

Methodology for Forex Broker Reviews

Our forex broker reviews are conducted with a comprehensive, transparent methodology designed to give traders the information they need to make informed decisions. Here’s how we do it:

1. Platform and Technology: We evaluate the trading platform for ease of use, reliability, and the availability of essential tools and features that support effective trading strategies.
2. Asset Range: We assess the variety of trading instruments, including currency pairs, commodities, and indices, to ensure traders have ample opportunities.
3. Fees and Spreads: We examine the broker’s fee structure, including spreads, commissions, and hidden charges, to gauge the cost-effectiveness of trading with them.
4. Regulation and Security: We verify the broker’s regulatory compliance and the measures they take to protect client funds and personal information, underscoring their trustworthiness.
5. Customer Support: We test the support team’s responsiveness, availability, and expertise to ensure traders can get assistance when needed.
6. Educational Resources: We explore the availability and quality of educational materials and resources to support traders at all experience levels.
7. User Reviews and Community Feedback: We consider feedback from the trading community and existing users to provide a well-rounded view of the broker’s performance and reputation.

This systematic approach ensures our reviews are thorough, unbiased, and reliable, helping traders navigate the complex world of forex trading confidently.

Justine Glover

About the Author

Justine Glover is a seasoned financial analyst and forex trader with over a decade of experience in the financial markets. Holding a Master’s in Finance from the University of Chicago, Justine has worked with several leading brokerage firms, developing trading strategies and economic models. Her insights have been featured in major financial publications, including Forbes and Bloomberg.

She is now living in Gstaad, Switzerland.

Disclaimer: Risks of Trading

In our review of Capitalix, we have examined several different characteristics, and it is easy to see why it has become one of the better trading platforms on the market. With low fees and trading costs, it’s also easy for beginners to get started.>

However, you should still consider the risks with this type of broker. When you use a trading platform where you trade CFDs, there is always a risk of losing money, but the risk will be higher if you start using leverage.

Therefore, limit your trading to smaller lots and don’t go in with more capital than you can afford to lose. It’s also important not to overdo it with leverage, even though it sometimes feels tempting. The risk is that you always lose more than necessary.