Eftrades.Com Review: Best Online Brokers & Trading Platform

In this review, we will analyze eftrades.com’s online trading platform that allows trading in Forex, cryptocurrency and stocks with spreads as low as zero pips.

Eftrades.com guarantees fast execution thanks to its MetaTrader5 technology, low spreads on a wide range of financial instruments and a 24/7 support. And that is why, after checking user reviews of the broker, it is possible to conclude that we are in front of a broker that is definitely reliable. That is, in front of a broker that is not a scam.

Eftrades.com in recent years has become one of the world’s leading Forex brokers. It caters mainly to intermediate and experienced traders, but still even those who are starting out can find different training material on its portal. Both experts and beginners give a positive review for the platform’s ease of use, high expected performance and reliability.

Speaking of training, eftrades.com organizes one-on-one training, webinars and provides analytical materials as well. All this in addition to tutorials on the exchange platform. More experienced traders may also find Forex signals and MQL5 trading signals very useful.

Eftrades.com allows trading through MetaTrader 5, which users can download for free when you sign up for XM, even opening a simple demo account. MT5 is available in versions for PC, MAC, Multiterminal, iOS, Android, and are also available in Webtrader versions for access through a browser. Eftrades.com is exempt from any liability for loss or damage resulting from the application of the information contained on this site and in any part of it.

Cryptocurrencies 

Cryptocurrency trading is facing an unregulated market, as no central authority controls the cryptocurrency markets. On the one hand, some states, while aware of the extent of the phenomenon, intend to bring it under their control and take cryptocurrencies restrictions toward “privatized” use of cryptocurrencies. On the one hand, some states, while aware of the extent of the phenomenon, intend to bring it under their own regulatory political control and take restrictive attitudes toward a “privatized” use of cryptocurrencies.

All financial instruments on this site carry risks of potential loss. Therefore, in such circumstances coin investment must be necessarily done only if you are ready to lose capital at some point.

The market capitalization of cryptocurrencies shows time significant changes, and in 2021 it crossed the 2,500 billion mark for the first time, with Bitcoin holding about half of the market at 43.5 percent. But investing in cryptocurrencies, in addition to the issue of regulation, is also dealing with risky assets because they are very volatile. It is precisely for this reason that it is often recommended investing in this market only with a small portion of one’s financial assets earmarked for investment.

Forex analysis tools on XM

Analysis is definitely one of the strengths of eftrades.com. From the Resources page of the site you can access the research section, where you can find numerous articles, technical analysis, market forecasts, trading ideas, economic calendars. Basically, everything you need to find the best tokenized assets to trade on, at the most propitious times.

The company offers Forex trading signals, which can be found on the trading page from which you can access later under Forex Signals. These are risk free Forex signals offered by trading gurus. On the research and education page you can also access the section dedicated to MQL5 trading signals, the MetaTrader 5 community that presents a huge amount of trading signals from providers whose performance is verified monthly. This service is integrated so no installation is required. On the eftrades.com website you will find all the steps to install and use it.

Customer Service     

Eftrades.com provides a customer service with several support options. Specifically:

  • a help center with questions and answers on various subject areas such as trading, registration, securities account and taxes, access and securities transfer;
  • a contact page with even more detailed and in-depth information about possible issues encountered by the customer, with the possibility to contact customer service directly by filling out a form;
  • a live chat;
  • a possibility to file a complaint by sending an email to support@eftrades.com or to call by phone/

For further confirmation of its security you can read the reviews left online by users who have already tested eftrades.com service.

Conclusion

Variety is a great aspect that plays in favor of this broker, which in addition to Forex pairs allows trading CFDs on stocks, cryptocurrencies, commodities, indices and ETFs. All of them in large quantities. Users can find the full list on the official website. In short, the evaluation of eftrades.com is certainly positive. Some flaws can be found only on the usability of the web platform, which needs a tiny bit of practice in some aspects, which, however, a few trials with the help from your manager will make transactions executable without problems.


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