Score

6.40 /10
Average

Eurotrader

Regulated in Cyprus

Market Maker (MM)

MT4 Full License

Suspicious Overrun

High potential risk

C

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Score

Regulatory Index6.88

Business Index7.94

Risk Management Index0.00

Software Index9.36

License Index6.61

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Broker Information

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Company Name

Eurotrade Investments RGB Ltd

Company Abbreviation

Eurotrader

Platform registered country and region

Cyprus

Company website

X

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Company summary

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WikiFX Risk Alerts 2
Previous Detection : 2025-04-30
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 44351)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

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Eurotrader · Company summary
eurotrader Review Summary
Founded2015
Registered Country/RegionCyprus
RegulationRegulated
Market InstrumentsForex CFDs, Commodities CFDs, Indices CFDs, Stocks CFDs
Demo Account
LeverageUp to 1:1000
Spread1.40 (EUR/USD)
Trading PlatformMT4MT5
Min Deposit50 USD/EUR/GBP
Customer SupportPhone: +44 20 80047430
Email: Support@eurotrader.com
Online Chat: 24/5
Social Media: Facebook, Instagram, X, Linkedin
Physical Address:EuroTrade Investments RGB LTD. 70, Kyrillou Loukareos Street,Kakos Premier Tower, 1st Floor, 4156 Limassol, Cyprus.

eurotrader Information

Eurotrader, a broker incorporated in Cyprus in 2015, provides CFDs trading to traders. Currently regulated by CYSEC and FSCA, it supports traders to use MT4/5 and offers traders a choice of 3 account types including swap-free accounts.

eurotrader Information

Pros and Cons

ProsCons
Well regulatedNon-24/7 customer support
Offer swap-free accountCFDs trading opportunities only
0 commission trading possible
MT4 and MT5 as trading platforms

Is eurotrader Legit?

Regulated Country/Region
CYSEC
FSCA
Regulated AuthorityCYSECFSCA
Regulated EntityEurotrade investments RGB LtdEUROTRADE SA (PTY) LTD
License TypeMarket Making(MM)Financial Service
License Number279/1544351
Current StatusRegulatedRegulated
Is eurotrader Legit?
Is eurotrader Legit?

What Can I Trade on eurotrader?

eurotrader offers a wide range of CFDs trading, including forex, stocks, indices and commodities.

Tradable InstrumentsSupported
Forex CFDs
Commodities CFDs
Indices CFDs
Stocks CFDs
Bonds
ETF
What Can I Trade on eurotrader?

Account Types

Eurotrader offers 2 account types: Raw Spread Account and Standard Account. Minimum deposits are 100 USD/EUR/GBP and 50 USD/EUR/GBP respectively. Among them, the maximum leverage reaches 1:1000.

In addition, eurotrader offers Swap Free Account with a minimum deposit of 50 USD/EUR/GBP and a maximum leverage of 1:30.

Account TypesRaw Spread AccountStandard Account
Minimum Deposit100050
Available Base CurrenciesUSD, EUR, GBPUSD, EUR, GBP
Spreads From0.0 pips0.9 pips
Max Lots per click5040
Commission per Lot7 USD, 6.5 EUR, 6 GBP0
Leverage1:1000Up to 1:30
$0 Fees on Card Deposits & Withdrawals
Account Types
Account Types

To open an account at eurotrader, visit the official website and click the “Register” button to complete the initial registration. Then contact the backoffice team at backoffice@eurotrader.eu to guide you through the additional documentation required to approve your account.

Account Types

eurotrader Fees

The Raw Spread Account supports spreads starting at 0.0 pips and commissions are 7 USD/6.5 EUR/6 GBP per Lot. In contrast, Standard Account spreads start at 0.9 pips and no commission is charged. The Swap Free Account offers typical spreads of 1.1 to 1.3 with no commission.

In forex pairs, the spread of EUR/USD is 1.40. The spread of other Forex pairs ranges from 1.40 to 5280.00.

SymbolDescriptionCategoryMedian Spread
AUDCADAustralian Dollar vs. Canadian DollarForex Minors2
AUDCHFAustralian Dollar vs. Swiss FrancForex Minors2
AUDJPYAustralian Dollar vs. Japanese YenForex Minors2.1
AUDNZDAustralian Dollar vs. New Zealand DollarForex Minors1.9
AUDUSDAustralian Dollar vs. United States DollarForex Minors1.7
CADCHFCanadian Dollar vs. Swiss FrancForex Minors1.8
CADJPYCanadian Dollar vs. Japanese YenForex Minors1.7
............
eurotrader Fees

The indices spreads range from 70.00 to 610.00.

SymbolNameCountryCurrencyMedian Spread
AUS200Australia 200 IndexAUSAUD160
DE30Germany 40 IndexDEUEUR170
ES35Spain 35 IndexESPEUR610
EUR50Euro Stoxx 50 Index-EUR120
FA40France 40 IndexFRAEUR80
HK50Hong Kong IndexHKGHKD450
JP225Japan 225 IndexJPNJPY500
UK100UK100 IndexGBRGBP70
US100US Tech 100 IndexUSAUSD160
...............
eurotrader Fees

The spread for commodities ranges from 0.00 to 0.30.

SymbolNameCountryCurrencyMedian Spread
NatGasNatural Gas vs US DollarUSAUSD0
UKOilBrent Crude Oil vs US DollarUSAUSD0
USOilWTI Oil vs US DollarUSAUSD0
XAGUSDSilver vs. US Dollar-USD0.02
XAUEURGold Ounce vs. Euro-EUR0.3
XAUUSDGold Ounce vs. US Dollar-USD0.21
eurotrader Fees

The spread of all cryptocurrencies is 0.00.

SymbolFull NameCurrencyMedian Spread
AAVUSDAaveUSD0
ADAUSDCardanoUSD0
ALGUSDAlgorandUSD0
ATMUSDCosmos AtomUSD0
AVAUSDAvalancheUSD0
BATUSDBasic Attention TokenUSD0
BCHUSDBitcoin CashUSD0
BitcoinBitcoinUSD0
BNBUSDBinance CoinUSD0
CHZUSDChillizUSD0
............
eurotrader Fees

Trading Platform

The trading platforms offered by eurotrader are MT4 and MT5, which support desktop and mobile trading.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Desktop, MobileBeginners
MT5Desktop, MobileSkilled traders
Trading Platform
Trading Platform

Deposit and Withdrawal

eurotrader has 3 payment methods available: Bank Transfer, MasterCard/ Visa, Skrill (eWallet). There are no fees for withdrawals, and both minimum deposit and minimum withdrawal requirements are $10.

Payment SystemCurrencyDeposit FeeWithdraw FeeDeposit Processing TimeWithdraw Processing TimeDeposit LimitsWithdraw Limits
Bank TransferAll CurrenciesFreeFreeFrom 1 to 5 business daysUp to 1 working dayMin 10 USDMin 10 USD
MasterCard/ VisaAll CurrenciesFreeFreeInstantUp to 1 working dayMin 10 USDMin 10 USD
Skrill (eWallet)All CurrenciesFreeFreeInstantUp to 1 working dayMin 10 USDMin 10 USD
Deposit and Withdrawal

News

NewsDigital Asset Investment Products Recorded Inflows Worth $151 Million Last Week

On January 8, CoinShares published its weekly report on inflows and outflows for digital asset investment products for the last week. It was a good week as they recorded aggregate inflows valued at $151 million.

WikiFX
2024-01-10 15:08
Digital Asset Investment Products Recorded Inflows Worth $151 Million Last Week

NewsThe Central Bank of Nigeria Unbans Banks from Facilitating Digital Asset Transactions

Nigeria’s apex bank has unbanned Nigerian banks from facilitating crypto transactions after almost two years of enforcing a ban on their engagement with digital currencies. A few days ago, the Central Bank of Nigeria (CBN) sent a circular to banks, recognizing that the rise in global demand and adoption of crypto requires removal of the restrictions placed on financial institutions.

WikiFX
2023-12-27 18:06
The Central Bank of Nigeria Unbans Banks from Facilitating Digital Asset Transactions

NewsJapanese Government to Scrap Corporate Tax on Unrealized Crypto Gains

In Japan, the government wants to go ahead with tax reform to scrap payments of taxes on unrealized gains from crypto holdings. This comes following a report that the cabinet approved a revision to the country’s tax regime for digital assets.

WikiFX
2023-12-27 15:41
Japanese Government to Scrap Corporate Tax on Unrealized Crypto Gains

NewsCoinList to Pay $1.2 Million as Settlement for Apparently Violating Russia/Ukraine Sanctions

California-based crypto exchange CoinList (CLM), which allegedly processed 989 transactions on behalf of users ordinarily resident in Crimea, has agreed to pay $1,207,830 to settle its potential civil liability.

WikiFX
2023-12-15 11:19
CoinList to Pay $1.2 Million as Settlement for Apparently Violating Russia/Ukraine Sanctions

NewsFASB Amends Accounting Standards for Disclosure of Crypto Assets to Reflect Fair Value

The Financial Accounting Standards Board (FASB) has amended the accounting standards for and disclosure of crypto assets, as highlighted in the accounting standards update on December 13.

WikiFX
2023-12-14 14:20
FASB Amends Accounting Standards for Disclosure of Crypto Assets to Reflect Fair Value

NewsCyber Monday Shopping in US May Exceed $12 Billion

On Cyber Monday it is expected U.S. shoppers will spend up to $12.4 billion on heavily discounted clothing, electronics, toys, cosmetics, and other products. Investors say possible winners for the day include Apple, Walmart, and Amazon due to strong online traffic.

WikiFX
2023-11-28 09:54
Cyber Monday Shopping in US May Exceed $12 Billion

NewsAggregate Inflows into Digital Asset Investment Products Last Week Worth $346M

Digital asset fund management company CoinShares published its digital asset fund flow weekly report on November 27, noting that markets’ expectation of exchange-traded funds (ETF) in the United States influenced the largest rise in inflows since late 2021.

WikiFX
2023-11-28 09:52
Aggregate Inflows into Digital Asset Investment Products Last Week Worth $346M

NewsUK FCA and BoE Release Papers on Stablecoin Regulation

On November 6, both the Bank of England (BOE) and the Financial Conduct Authority (FCA) published discussion papers regarding the regulation of stablecoins. The BoE’s focus is on stablecoins denominated in sterling (GBP) because it considers these to be the most likely digital settlement assets to be used widely for payments.

WikiFX
2023-11-09 14:13
UK FCA and BoE Release Papers on Stablecoin Regulation

User Reviews

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Kioety
more than one year
I am very reassured that eurotrader is supervised by a regular regulatory authority to ensure the safety of users' funds. And the spreads they offer are very flexible.
I am very reassured that eurotrader is supervised by a regular regulatory authority to ensure the safety of users' funds. And the spreads they offer are very flexible.
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2024-07-03 17:37
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Hamoudy Ibert
more than one year
Trading conditions they advertise do quite attractive, a diverse range of trading instruments, leverage up to 1:500, tight spreads and low commissions, mt4 and mt5 are both available. The most important is that the minimum deposit is only $50. Nothing is perfect than this, I think. The hype is too perfect, however, worries me a lot.
Trading conditions they advertise do quite attractive, a diverse range of trading instruments, leverage up to 1:500, tight spreads and low commissions, mt4 and mt5 are both available. The most important is that the minimum deposit is only $50. Nothing is perfect than this, I think. The hype is too perfect, however, worries me a lot.
Translate to English
2022-11-22 15:53
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0
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2