Eurotrader Forex Review

Read our full Eurotrader review to get exact details about their safety, accounts, spreads, platforms, assets, support, and many more. Our unbiased Eurotrader opinion allows our readers to decide whether Eurotrader is a reliable broker.

Eurotrader Forex Broker History

Eurotrader is a Forex and CFD broker that has been around for years, since 2015, making it an experienced broker. It offers advanced trading platforms, several account types, and flexible leverage. The broker is licensed and offers live chat support, and has overall satisfactory online feedback from traders. The website is responsive and mobile-friendly, which is a good sign.

Eurotrader broker safety

Safety is paramount in online financial trading. Eurotrader is registered in Mauritius and is regulated and licensed by the Mauritius Financial Services Commission MU FSC).

As a regulated Forex broker, Eurotrader keeps trader funds in segregated bank accounts, separating its operational funds from client money.

Eurotrader offers negative balance protection on its trading accounts, which is crucial for beginners as it prevents them from going into negative balance if leveraged trading is abused.

Eurotrader Broker Review of Accounts

When it comes to trading accounts, Eurotrader offers two trading account types: Raw Spread Account and Standard Account. The standard is a commission-free trading account, and a raw spreads account offers low spreads but charges commissions.

Let’s analyze each of these accounts to assess whether the broker offers competitive conditions.

Eurotrader Raw Spread Account

The raw spreads account offers low spreads for trading commissions. Here are the main specs:

• Minimum deposit – 500 USD
• Maximum leverage – 1:1000
• Spreads from – 0.0 pips
• Commissions – 7 USD, 6.5 EUR, 6 GBP
• Minimum lot size – 0.01 lots

Eurotrader Standard Account

The conditions for the standard accounts are slightly different, with the following specs:

• Minimum deposit – 50 USD
• Maximum leverage – 1:1000
• Spreads from – 1 pip
• Commissions – 0 USD
• Minimum lot size – 0.01 lots

As we can see, the standard is like an STP account, and the raw spread account is more like an ECN with low spreads and fast execution, suitable for scalpers. With these offerings, the broker attracts both scalpers and day traders to its platform.

Eurotrader instruments

Eurotrader provides access to diverse markets such as Forex pairs, commodities, indices, cryptocurrencies, and shares. The shares are mostly CFDs, and so are other assets, which enable quicktrade execution and both buy and sell orders on stocks. This is flexible, and when coupled with up to 1:1000 leverage, the broker’s offerings are competitive. Spreads are also low, which makes it easier to deploy viable strategies.

Eurotrader Reviews of Trading Platforms

Eurotrader platforms include popular advanced software, MetaTrader 4 and 5. Both of these platforms enable traders to use custom indicators and Expert Advisors (EAs), and the broker does not prohibit them from using these tools. Mobile trading is available via the MT5 mobile app, which is accessible on both iOS and Android devices.

Eurotrader Forex Review of Extra Features

Extra features at Eurotrader include educational resources, education, and market news. There are video courses, e-books. Education hub and platform tutorials.

The bonuses are available for new traders and include a 100% bonus and a 50% deposit bonus, and there is also a cashback bonus when trading with large lot sizes. The broker offers trading educational materials like video content and trading guides, which are very useful for beginners.

Eurotrader Reviews of Customer Support

The support experience at Eurotrader consists of live chat, email, and phone support channels; traders can request a callback as well. The live chat is built directly into the website and offers the fastest contact to the support personnel.

The website as well as support are available in many different languages, making the broker a multilingual company.

Eurotrader Deposit and Withdrawal

The broker allows traders to use several payment options when it comes to deposits and withdrawals. These methods include wire transfers, bank cards (Visa, MasterCard), Skrill, and cryptos. There are a plethora of different cryptos supported, which is flexible. Deposits are instant, and withdrawals are claimed to be processed on the same day.

Eurotrader Review Conclusion – Can you trust Eurotrader?

Eurotrader is a regulated FX broker offering high leverage, low trading costs, and access to popular platforms like MT4 and MT5. With two account types for both scalpers and casual traders, flexible funding options, and bonus offers, Eurotrader presents a competitive option for traders of all trading experience. Its regulation under the MU FSC and support for negative balance protection make it an even more attractive and credible broker.

FAQs on Eurotrader

Is Eurotrader a scam?

A Eurotrader scam is unlikely, as the broker is regulated by the Mauritius FSC and provides core security policies with access to advanced platforms and quick withdrawals.

What is the Eurotrader minimum deposit?

The minimum deposit is 50 USD for the standard and 500 USD for the Raw spread accounts.

Is Eurotrader a cheap broker?

Yes, the broker offers low spreads and commission-free trading for standard accounts, while low spreads and low commissions for its raw spread accounts.