Eurotrader Review

Eurotrader Logo

Eurotrader offers a diverse range of trading instruments across different asset classes, such as Forex, Stocks, Indices, Commodities, and Cryptocurrencies, for trading online via the popular, powerful and easy to use MetaTrader 4 and MetaTrader 5 trading platforms for web, desktop and mobile devices. You can get access to tight spreads, low fees, flexible account types, convenient funding options, 24/5 support and much more. Traders can quickly and easily open a Eurotrader account with a minimum deposit of just $50 or start with a free demo account to practice trading online and build confidence before making an investment.

Founded in 2015 and headquartered in Limassol, Cyprus, Eurotrader is a fintech company that is owned by Eurotrade Global Limited, who are licensed in multiple jurisdictions by some of the most respected regulatory bodies in the world, including FSCA and CySEC. The broker has a mission to provide the most complete solution in the financial markets, and it has partnered with premium liquidity providers to ensure that they continue to provide transparent pricing and fast market execution of clients’ orders at the best available prices.

Founded by Dr Ozan Özerk in 2018, Eurotrader champions financial inclusivity and supports new traders in their introduction to the markets. With in-depth learning resources, exceptional customer service, superfast executions and attractive low costs, the brokers mission is to deliver a modern, streamlined trading experience that empowers and educates traders of all abilities.

Eurotrader Financial Instruments

Eurotrader enable clients to instantly trade Forex, Stocks, Crypto, Indices and Commodities. The low-cost accounts give members very competitive rates when compared to the brokers direct competitors. You can trade instruments as contract for differences (CFDs). Clients can instantly purchase an asset class and monitor the performance of open positions across their portfolio.

What are CFDs?

CFDs or contracts for difference are a financial product developed for traders to be able to invest, enjoying all the advantages of buying shares, currencies, raw materials, but without the need to physically acquire the ownership of those instruments.

The investor adheres to a CFD contract at the price in effect when a position is opened and collects a profit or assumes a loss when the position is closed if the price moves in his favour or against them respectively.

CFDs are so-called OTC or “over the counter” derivative instruments because they are not traded on an organised market. CFDs are issued by financial institutions, in this case Eurotrader.

Forex

Enter the world’s largest market with maximum liquidity and trade global currencies with a low-cost and fast-execution account. You can trade FX currency pairs including majors, minors and exotic pairs.

Stocks

Interested in Apple? Facebook? Nike? Netflix? Tesla? Take your pick of the A-Z of companies trading in each market and invest with zero commission on your favourites. The broker offers their trading community all the tools, training resources and technical support they need to manage the market’s ups and downs, from LSE to NYSE, Nasdaq MarketSite to the Tokyo Stock Exchange.

Crypto

Trade the most active and top-traded cryptocurrency pairs with enhanced security for you to invest in. Exclusive crypto trading tools, calculators, calendars and learning aids to deal with your FOMO and teach you to trade cryptocurrencies at either their all-time high or all-time low.

Indices

Track the overall performance of selected stocks and trade up with competitive rate and fast execution – index fingers at the ready. Boost your trading confidence by trading indices and speculating the leading stock markets of Europe, USA and Asia. Join the Eurotrader community and you can get the benefits of exclusive trading tool kits, the learning resources and superior support to trade up NASDAQ, FTSE and S&P 500.

Commodities

With transparent pricing, tight spreads and around the clock support, the global energies and commodities market is ready to spark your interest. Dive into a gold mine of information: exclusive in-depth learning resources, cheap rates, exceptional customer service, superfast executions. Get everything you need to train up and trade up gold, silver, oil and gas.

Eurotrader Platforms

The broker provides traders with the powerful and sophisticated MetaTrader trading platforms. Developed by MetaQuotes, the MetaTrader suite of platforms are extremely popular with forex and CFD traders all across the globe. MetaQuotes Software is a Russian software company that specializes in the development of software for foreign exchange trading. MetaQuotes main product is the MetaTrader family of online trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Both of the MT4 and the MT5 trading platforms are available as desktop applications for Windows and Mac computers, mobile trading apps that are compatible with Android and iOs devices, and a WebTrader that runs directly on most modern web browsers including Chrome, Safari, Firefox, and Edge.

Eurotrader MT4 Platform
Eurotrader MT4 Platform

MT4

MetaTrader 4 is the trading platform for trading professionals. Trusted by millions and making trillions of trades every day, MT4 delivers all the tech you need – at your fingertips.

The MT4 is a user-friendly platform that can be customized to individual traders’ preferences. It comes with a lot of built-in trading tools and is fast, rugged, stable, and versatile. Its features can be enhanced through plugin apps built with the MQL4 programming language.

  • Superior features
  • Easy-to-use interface
  • Very versatile
  • Super-fast execution
  • Essential charting tools & graphical objects
  • Multiple order types with real-time trade alerts
  • 4 x pending order types

MT4 App

Traders can download the MetaTrader 4 mobile app and get started on the world’s most popular trading platform, wherever you are. With access via iOS and Android-powered smartphones and tablets, you will have the financial markets in the palm of your hands.

Eurotrader MetaTrader Mobile App
Eurotrader MetaTrader Mobile App

Monitor your account status. Check the markets. Track your trading history. Buy and sell in a single click. With interactive quote charts, full set of trading orders and the most popular analytical tools, plus extra features such as convenient chat with other traders and push notifications – the MetaTrader 4 app has everything you need to get your trade on.

MT4 Web

With the MetaTrader 4 web platform, you can start trading in just a couple of clicks. MT4 is highly reliable and usable, as well as compatible with Windows, Mac and Linux.

Eurotrader MT4 Web Platform
Eurotrader MT4 Web Platform

Millions of traders use it every day, safe in the knowledge that all transmitted data is securely encrypted. MetaTrader 4 also offers real-time quotes in Market Watch, 30 indicators for technical analysis, historical trade tracking and much more. It’s a one-click trading platform for all types of trading operations.

MT5

The MetaTrader 5 was developed to succeed the MT4 platform, and it has all of the features of the MT4 platform but with more advanced features and capabilities, including more technical indicators and trading timeframes. Even faster and fitter than 4. From execution speeds to improved email, upgrade to MetaTrader 5 for more tools, features and assets to take your trading to the next level.

Eurotrader MT5 Platform
Eurotrader MT5 Platform

With the MetaTrader 5 platform, you will gain access to multiple markets beyond Forex, including commodities, CFDs, stocks, futures and indices. It’s a multi-market platform which allows you to widen your trading horizons, both in centralised and non-centralised markets.

MT5 is a multi-threaded platform which runs fast on 64-bit operating systems. Equipped with 38 built-in technical indicators, 44 graphic objects and extra timeframes, MetaTrader 5 leaves plenty of room for more precise analysis. The MT5 platform delivers extra fundamental and technical analysis tools to your fingertips, including its built-in Economic Calendar, Fibonacci studies, and Elliott Wave drawing tools.

Embrace the real-time alert functionality to stay posted with all the latest market events, which can be an extra asset if you trade multiple markets. Explore the platform’s diverse functionality. From its copy trading and automated trading features to tracking symbols, reporting and analysing, MetaTrader 5 speaks the MQL5 language and does the job for you.

  • Get access to more markets, including stocks
  • Depth of Market tool
  • Built-in Economic calendar
  • Upgraded Charting tools
  • Additional Charting Timeframes
  • Hedging & Netting
  • 6 x Pending order types
  • Multi-currency strategy tester

Eurosocial App

Download the Eurosocial social trading app to connect, chat and train with the brokers trading community. You can choose to follow other traders, copy signals, provide your own trading signals, share your experiences and continue to learn. Eurosocial is entirely free of charge for clients to use but there may still be trading costs involved.

Eurosocial Trading App
Eurosocial Trading App

From the Eurosocial app you can discover top traders, follow them and auto-copy their trades. There is a leader board that lists the traders according to performance which you can filter accordingly. Notifications alert you to every trade made so you can learn with every step. Social icons help you connect, interact and grow your confidence. All you need to do is choose a trader you like, and they will introduce you to their style and strategies of trading. However, please be aware that any past performance does not guarantee future results.

Eurotrader Tools

The broker has a range of trading tools and calculators to help you get your trade on.

Pip Value Calculator

This exclusive Eurotrader trading tool will help you find the value per pip in the base currency of your choice. Calculating the value per percentage in point (pip) is a must for your risk management strategy. Just fill in the deposit currency, the pip amount, the currency pair you are trading and the trade size (lots) and find out the pip value.

Margin Calculator

This exclusive Eurotrader trading tool will help you find the minimum amount required to open and maintain a new position. Calculating the margin right on the money is a must for your money management strategy. Just fill in the deposit currency, the currency pair you are trading, the trade size (lots) and the leverage and find out the required margin.

Profit & Loss Calculator

This exclusive Eurotrader trading tool will help you deciding which stop-loss and/or take-profit prices to set before activating the respective order. Placing stop-loss and take-profit orders is a key element of your trading strategy. Just fill out the information, choose whether you’re going long (buying) or short (selling) and hit calculate.

Currency Converter

This tool enables you to calculate the foreign exchange rates of popular foreign currencies. Just select the currencies you’d like to convert to and from, enter the desired amount and hit calculate.

Risk Calculator

Manage risk effectively by calculating your trade lots, e.g. the right position size. Find out how many units you have to buy or sell to minimise the risk gap. Just set your deposit currency, the currency pair you are trading, your account balance, the percentage of your account that you want to risk and the stop loss.

Economic Calendar

The Economic Calendar is a highly useful trading tool that everyone should have in their trading toolkit. With it, you can track economic events and stay up to date with the latest market events, updates and data releases affecting the financial markets.

Crypto Calendar

The Crypto Calendar is an essential for your trading arsenal. Use the calendar to keep an eye on cryptocurrency listings, updates and other events that’ll help you shape your crypto decision-making.

Eurotrader Research & Education

The broker has a good selection of learning resources to help educate beginners. This shows that they care about the success of their client base and want to ensure informed trading is taking place.

Being more than a trading platform, they are dedicated to building a community too, where everyone can share their experiences and learn to trade better. The broker is constantly offering insightful teaching resources and expert knowledge to help nurture new members whilst continuing to empower the more experienced traders.

Eurotrader Academy

The Eurotrader academy has a great selection of eBooks and video tutorials to help clients improve their trading skills and knowledge. Check out the latest tutorials on Eurotrader Academy and see how you can put the helpful trading tips to work.

Eurotrader Platform Tutorials
Eurotrader Platform Tutorials

Platforms Tutorials

Run through the platforms, watch the video tutorials and discover how to use MetaTrader 4 and MetaTrader 5 in order to be on top of your trading game.

Trading Guides

There are some handy trading guides for beginners on the brokers website that cover subjects such as:

  • FOREX 101: A Beginner’s Guide
  • Learn the Ropes of Stock Trading
  • An Intro to Crypto Trading
  • Indices Trading Explained
  • Commodities Trading Inside Out

Eurotrader Trading Accounts

The broker provides clients with a choice of 5 different account types to suit their trading styles and strategies. You can choose the account that lets you trade your way. Each one suits different levels of trading experience, risk and budgets. As standard, you can open up to five MT4 or MT5 accounts at a time but you can also request more if required.

When opening a Eurotrader account, you will need to share some personal information with them, as well as your level of trading experience. You will also need to submit at least one document to prove your legal existence (such as an ID), and one to prove your address (such as a utility bill or bank statement).

The Eurotrader accounts include:

Micro Account

Built to deal with smaller trading volumes, the Micro account is super-easy to manage. If you’re just starting out, it may be your preferred choice. This account requires a minimum deposit of $50, with a maximum leverage of 1:500, while the spreads range from 1 to 1.2 pips, with no commission.

Elite Account

With a minimum deposit of $500 and a leverage of up to 1:300, the Elite Account is designed for the fairly experienced traders. The minimum and maximum trade sizes are 0.01 and 50 lots respectively, while the average forex spread is 0.6 to 0.7 pips, with no commission. Clients get access to a dedicated account manager.

Zero Account

Take your pick of 0% on Forex spreads or Forex commission. The Eurotrader Zero account can be a great choice for those with trading experience. It is best suited for traders who trade more frequently. The minimum opening balance is $500, while the leverage is capped at 1:300. The trade size ranges from 0.01 to 50 lots. The average spread is 0 to 0.3 pips whilst charging a commission of $2.5 on trades. Clients get access to an account manager.

VIP Account

This is the premium account and is designed specifically for the more advanced traders with the 5-star trading conditions every trading pro needs. It requires an initial deposit of $25,000 with leverage of 1:100. Trade size ranges from 1 lot to 1,000 lots. The average trade forex spread is 0 to 0.3 pips, while a commission of $4 per round trip is charged on trades.

Swap-Free Account

This account type is compliant with the Sharia law as there is no interest is charged on trades. It requires an initial deposit of $1,000 and has a maximum leverage of 1:100. The trade size ranges from 0.01 to 50 lots with an average forex spread of 0.7 to 0.9 pips.

Demo Accounts

You can open a free Eurotrader demo account which will let you trade online risk free. This can be a useful way to familiarise yourself with the MetaTrader platforms and test out your trading strategies without any risk.

Whether you’re just starting out or want to test a new strategy out, open a demo trading account and get used to opening and closing positions, learn how to manage risk and try virtually every trade with virtual money. It’s a completely safe space for you to practice, practice, practice, until you feel confident enough, when you may then want to switch over to a real account.

Corporate Account

Corporate accounts are opened and funded in the name of a company, rather than an individual. To open a corporate account, you can visit the brokers account registration page and choose the ‘corporate account’ option.

Eurotrader Account Funding

Eurotrader provide fast and easy deposits and withdrawals. The broker accepts Debit/Credit Cards, Bank Transfer, E-Wallets payments, and Cryptocurrencies for account funding and withdrawal. The currencies accepted are USD, GBP, EUR, ZAR, and currency conversion fees do not apply if making a deposit in the same currency.

Eurotrader Account Funding
Eurotrader Account Funding

The broker does not accept third-party payments. The time it takes to process transactions may vary, depending on the payment method. Bank transfers can take a few business days to clear whereas some other payment methods can be instantaneous.

Deposit into and withdraw from your Eurotrader account in four simple steps:

  1. Log in to My Eurotrader.
  2. Click on Deposit or Withdrawal, and select payment method.
  3. Follow the instructions and set your desired amount.
  4. Check for an email from the broker confirming your transaction.

Eurotrader Customer Service

Eurotrader offers a dedicated customer service team that can be reached through telephone, email, webchat, and the online ‘get in touch’ form. They are also available on social media: LinkedIn, Facebook, and Twitter. From WhatsApp to Insta, they are standing by – every trading minute of every trading day.

Eurotrader Customer Support
Eurotrader Customer Support

Eurotrader Regulation

Eurotrader Group is a subsidiary of Swiss Asset Global AG who are regulated by the Swiss Financial Market Supervisory Authority (FINMA). FINMA is Switzerland’s independent financial markets regulator and is responsible for ensuring that Switzerland’s financial markets function effectively. Its objectives are set out in the Financial Market Supervision Act, which mandates it to protect individual financial market clients.

Eurotrader is an authorized financial services provider, licensed and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa. The Financial Sector Conduct Authority is a financial institutions regulator and a successor agency to the Financial Services Board (South Africa) in South Africa.

Eurotrader is a registered brand of Eurotrade Investments RGB Ltd, a Cypriot Investment Firm (CIF) licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). CySEC, is the financial regulatory agency of Cyprus. As an EU member state, CySEC’s financial regulations and operations comply with the European MiFID financial harmonization law.

Regulation from multiple regulatory bodies can help to give clients the peace of mind that they are using a broker that must comply with strict rules and regulations that are put in place to protect investors. The broker claims to have industry-leading security features protecting every book and everybody on their platform.

Eurotrader FAQ

What is Eurotrader minimum deposit?

The minimum deposit required by Eurotrader is $50.

Where is Eurotrader based?

Eurotrader is based in Cyprus.

When was Eurotrader founded?

Eurotrader was founded in 2015.

What are Eurotrader platforms?

Eurotrader provides the MetaTrader 4/5 platforms for web, desktop and mobile.

What trading instruments do Eurotrader have?

With Eurotrader, you can trade CFDs on Cryptos, Forex, Stocks, Indices, Commodities, Metals and Energies.

What are Eurotrader deposit and withdrawal options?

Eurotrader accept deposits and withdrawals via bank transfer, credit/debit card and various e-Wallets.

What is Eurotrader leverage?

The maximum leverage at Eurotrader is 1:500 for qualifying clients.

What is Eurotrader commission fee?

Eurotrader do not charge any commission fees on some accounts whereas others have a small commission fee of $2.5.

What are Eurotrader spreads?

Eurotrader have variable spreads that depend on the market conditions, liquidity providers and instrument being traded. You can open an account with spreads starting from 0.0 pips.

Do Eurotrader offer demo accounts?

Yes, there is a free Eurotrader demo account if you would like to practice trading online and test out the brokers services before opening a real account.

Do Eurotrader offer Islamic accounts?

Yes, the broker has a swap-free Islamic account option for Muslim traders.

Do Eurotrader allow scalping, hedging, news trading and automated trading?

Yes, Eurotrader do not have any restrictions on trading strategies.

Do Eurotrader charge an inactivity fee?

No, Eurotrader do not charge any inactivity fees.

Is Eurotrader regulated?

Yes, Eurotrader is regulated by FINMA, CySEC and FSCA.

Eurotrader Review Summary

Eurotrader is a fully regulated broker that offers hundreds of financial instruments for trading online via the intuitive and advanced MetaTrader platforms. You can choose to trade CFDs on FX currency pairs, company stocks, indices, commodities such as precious metals and energies along with cryptos including Bitcoin and Ethereum.

The broker offers multiple account types to cater for different client needs and also provide financial news to help you keep in touch with the markets along with a range of useful trading tools to assist in detailed market analysis and trade preparation. You can trade confidently with competitive trading conditions and margins in every market.

Eurotrader have a seamless account opening process without any complicated procedures. It takes about 1 minute to complete the registration form. You then upload verification documents and wait to be verified. Once verified you will be able to deposit to your live account and start trading.

The brokers global customer service desk and local currency payment systems make deposits and withdrawals easy while keeping admin to a minimum. They are standing by every trading minute of every trading day to help you as and when needed.

Eurotrader

8.8

Spreads

9.0/10

Liquidity

9.0/10

Commissions

9.0/10

Support

9.0/10

Regulation

8.0/10

Features

  • Over 200 financial instruments to trade
  • User-friendly MetaTrader Platforms
  • Low spreads and trading fees
  • Eurosocial copy trading app
  • Market analysis and research tools
  • Trading academy with educational resources
  • Various account types and payment options
  • Commission free trading accounts
  • Islamic and demo accounts
  • Around the clock support