Operating from Kingstown, Saint Vincent and the Grenadines, Esta Trade is an online brokerage firm that offers access to trade multiple financial instruments across different asset classes, such as Forex, CFD Commodities, Indices, Cryptocurrencies, and more. All trades are carried out using the sophisticated MT4 trading platform, which is available in desktop, web, and mobile versions. There are various learning resources and the services of a reliable client support team. Some of the essential features of the broker include tight spreads, reliable execution speeds with low latency, multiple payment methods, liquidity from 20 tier-1 banks, and more. The minimum deposit required to start trading is $10.
Esta Trade Review Introduction
In this Esta Trade review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including Esta Trade.
Esta Trade Platforms & Tools
Esta Trade allows clients to carry out all their trading activities using the MT4 trading platform. This advanced trading platform was launched in 2005 to enable users to easily trade the global financial markets. Since its launch, the MT4 trading platform has become the choicest trading platform among forex and CFD traders. The platform features a plethora of helpful trading tools — charts, expert advisors, one-click trading, and more — to give traders an enhanced trading experience. The MT4 trading platform is available in desktop, web, and mobile versions. The mobile app is best suited for traders who wish to place trades and check their trading positions even while on the move as long as there is an internet connection.
In addition to the in-built tools of the MT4 trading platform, traders are provided with some standalone trading tools, including commission calculator, profit calculator, margin calculator, pip calculator, currency converter, VPS, and more.
Esta Trade Research & Education
There are no educational resources on the broker’s website at the moment.
Esta Trade Trading Accounts
Esta Trade provides traders with a live trading account option known as the Pure ECN account. The account is denominated in USD, EUR, and GBP. The minimum deposit required to start trading is $10.
There is a demo account to help traders familiarize themselves with the broker’s trading platform before opening a live trading account.
Esta Trade Account Funding
At Esta Trade, all account deposit and withdrawal requests are processed using bank transfers and cryptocurrency.
Esta Trade Customer Service
The broker’s clients can send all their trading inquires to a responsive client support team who are available 24/5 and can be contacted via email and Live Chat.
Esta Trade Regulation
There is no regulation information on the Esta Trade website. However, the broker states that clients’ funds are deposited in Segregated Bank Accounts with Tier 1 banks and that they follow all compliance rules and regulations. They also mention that there is negative balance protection.
Esta Trade Review Summary
Putting it all together, Esta Trade is a multi-asset brokerage firm. They allow traders to buy and sell various financial assets via the MT4 trading platform, which is available in desktop, web, and mobile versions. Their clients enjoy access to various competitive trading conditions, such as ECN execution, low spreads, and commission. There is a good selection of useful trading tools and a responsible client support team to assist traders. The minimum deposit required to start trading is $10.
It is worth mentioning that some of the trading products and services in this Esta Trade review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Esta Trade website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.