Euroforextrade review: is euroforextrade legit or just scam? Find out from this review.
Euroforextrade broker is a new forex trading platform that was established in 2020. The broker is trying to offer a good trading platform if we are to judge based on their promises. However to my best knowledge, it’s owned and Operated by Preqster LTD. Preqster LTD has the registration number 12621178. Moreover a company registered in England and Wales.
Today will provide euroforextrade review to help you understand broker.
If euro forex trade is old, it would be easier for us to provide it’s review. However we will try and root it out by using our personal tools for finding a broker’s legitimacy. Firstly, this broker is operated by unknown personnel with all their datas hidden. The address seems to be unknown to us and location unfamiliar. But what makes us unhappy is their bogus claim.
Euro forex trade claim to have 8 years experience but they didn’t provide us with the broker they have worked with. If they should have any experience, there must be a broker they operate under.
Euro forex trade platform
Euroforextrade offer traders mt4 platform. This gives them the opportunity to trade with the most popular software. As a matter of fact, they only offer MetaTrader4 and this is best. Traders should have the opportunity to trade on many platforms. However, this platform is only download and not web-based. Therefore if you are not use to mt4 offline, or download on mobile and PC’s, it would be more challenging. So we advise that you look for a reliable forex broker with good verify of platform. Example, check our top recommended brokers for beginners.
In the process of our Euroforextrade review, we noticed that they offer three types account types for trading. This range from silver, gold and diamond. However all these accounts come with different features and minimum deposit .
Euroforextrade Bronze Account
Account currency:USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR.
Leverage 1:100 Spread from: 0.3 Min order size: 0.01 lot Maximum order size: 100 lots. Max cumulative: No Limit. Max orders amount:No Limit. Margin call: 40%. Stop out: 20% Execution method: Market. Pricing format: 5th decimal pricing. Contract Size: 1 lot = 1,000. Trading instruments: 37 Forex + 4 metals + 9 indices.
Euroforextrade Gold Account
Euroforextrade Diamond Account
The broker is promising a good customer support. In that, they didn’t provide livechat, but you only contact them via email, phone and contact form. Head Office, 27 Market Place,London,United Kingdom,W1W 8AF.
Phone Number: +44 2031908755
E-mail Address: [email protected] According to euroforextrade, you can trace their headquarter, but that might be difficult. However, the address info has been tested to be fake.
Is Euroforextrade Legit?
As this is a new broker, careful investors will ask if euroforextrade is legit or scam. Well, the broker can only seem to be scam if they did not provide the quality platform. Apart from that, if this broker is not regulated and founder, not well known. Then its obvious that, euroforextrade is not legit and not reliable. However if they provide less or wrong, info, about themselves, its a red flag. Therefore for now, we wouldn’t recommend euroforextrade as legit broker. But if you have be trading from the platform, ifmts good you let us know your experience.
Is Euroforextrade Regulated And Licensed?
“No” the broker is not regulated by any regulatory agencies. They are not reliable and safe, as your money goes to their accounts. If there’s a segregated account for traders fund, good, it would be more better. I suggest you avoid brokers not regulated especially the by strangers.
Finally, we will conclude our euroforextrade review by telling you to avoid them. Rather, if you want to trade with our recommended forex brokers, check our new list fore uk traders. More-so, there are other scams like iquandex and Shift holdings brokers. They can only promise you high returns. But at the end, you will not even get your investment back. Therefore, we strongly advise you to stay away from such broker. However if you are looking for bonus, get bonus up to 250% from videforex Or read more