Equiti Review 2024

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Written By
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Written By
Tobias Robinson
Tobias is a partner at DayTrading.com, director of a UK limited company and active trader. He has over 25 years of experience in the financial industry and contributed via CySec to the regulatory response to digital options and CFD trading in Europe. Toby’s expertise and dedication to financial education make him a trusted voice in the industry, including a BBC investigation into digital options.
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Fact Checked By
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William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.

2.8 / 5
Equiti is #108 in our CFD broker rankings.
MT4, MT5, DupliTrade
Forex, CFDs, indices, shares, commodities, cryptocurrencies
Neteller, Skrill, Visa, GlobePay


  • I'm pleased that there's a strong range of accessible payment methods, including bank wire, cards, e-wallets and cryptos
  • DeFi enthusiasts can speculate on an impressive range of 80+ cryptocurrency CFD products
  • The free demo with unlimited usage is a game-changer for those who want to continuously test their strategies


  • Equiti falls short in terms of educational material and extra tools, with one of the most basic offerings I have seen
  • I think retail clients should look elsewhere for robust regulatory oversight since Equiti's main brokerage branch is regulated offshore
  • I'm disappointed that bank transfer and e-wallet withdrawals are subject to a fee of 1% up to $30

Equiti Review

The Equiti Group is a global broker offering trading in forex, shares, indices, and commodities. Clients benefit from the award-winning MetaTrader 4 (MT4) and MetaTrader 5 (MT5) desktop platforms and mobile apps. Our review details their trading fees, leverage, demo account, and more.

Find out whether to register for an Equiti trading account today.

Equiti Overview

Equiti was founded in 2008, originally established as Divisa Capital Group. Over the following years, the firm expands its services to other jurisdictions, including New Zealand and the UAE, before being acquired by Equiti Group Ltd in 2017. The firm rebranded all it’s global entities to Equiti in 2018.

The company has branches all over the world to meet different regulatory demands and client needs. For example, the firm’s main retail brokerage branch is based offshore in the Seychelles, whilst the UK branch is aimed at institutional clients.

The company’s 300 staff can be found in offices across the world, from London to Florida.

Platforms & Tools

2.5 / 5

Equiti offers a downloadable trading platform from MetaQuotes – MetaTrader 4 (MT4), plus a web-accessible proprietary interface – Equiti EQ Trader.


MT4 has become the gold-standard for forex and CFD trading, providing an intuitive environment for newcomers and experienced traders alike. As well as deep trading histories, clients get 30 advanced charting tools, 50 technical indicators, nine timeframes, plus automated trading capabilities through Expert Advisors (EAs).


For advanced traders, the Equiti Group also introduced MetaTrader 5 in 2022. The terminal offers extensive customisation, close to 40 technical indicators, an unlimited number of charts, plus instant and pending orders.

The MT5 terminal is an excellent addition and will meet the needs of veteran traders looking to conduct in-depth technical analysis and employ automated trading strategies. The platform is available as a free download or via web browsers.

Equiti EQ Trader

Equiti EQ Trader is a web-enabled platform so no download is required. Six charting types are available, along with nine timeframes, 25 analysis tools, and 48 indicators, plus a creation wizard for custom indicators. The platform is available in six time zones and facilitates trading in forex, commodities, stocks, indices, and precious metals, with a favourite function. The webtrader platform also comes with standard risk management tools, such as stop losses and take profits.

Equiti WebTrader platform
Equiti WebTrader platform

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Assets & Markets

2 / 5

Over 170 tradeable instruments are available, including shares from the UK, EU, and US markets, totalling 115 companies. There are also 15 global stock indices, eight commodities, including energies and precious metals, plus over 60 forex pairs.

Although a decent range of products, the addition of cryptocurrencies would be welcome.

Fees & Costs

3 / 5

Spreads with Equiti are competitive, especially for the Premiere account, which has spreads from 0.2 pips for major pairs. The Executive account spreads are typically between 1.6 and 2 pips for the same pairs.

Equiti also charges commissions on trades, though only for Premiere accounts. Commission rates are charged at $70 per $1 million for forex pairs and $7 per standard lot on precious metals. All other instruments are commission-free.

Rollovers are charged on positions held past 20:45 GMT. These swaps are variable, changing with the instrument and market. Accounts that are inactive for 180 days are charged a monthly fee.


Equiti works on a fixed leverage scheme with a maximum level of 1:500 available for major and minor forex pairs. Exotic pairs can access one-tenth the leverage rates of other pairs and shares are further reduced, with rates on US shares up to 1:20 and UK & EU shares up to 1:10.

Mobile Apps

Equiti offers a mobile app for trading on the go. The app is compatible with iOS and Android devices and has almost all the capabilities of the desktop version, though with fewer customisation options and analysis tools. There is, however, real-time market news, notifications and one-touch trading. Your desktop login credentials should work on the mobile app.

Deposits & Withdrawals

Accounts can be funded by bank wire transfer, payment cards, Neteller, and Skrill. Bank transfers take one to three working days to be processed while other methods take one day. There is no minimum deposit for wire transfers, but other options have a $30 minimum limit. It should be noted, however, that the first deposit must be a minimum of $500. No fees are charged for deposits.

Withdrawals can be made through all the same methods, though fees are charged on all options except payment cards. Neteller and Skrill withdrawals are processed within one working day, but wire transfers can take three to five days and payment cards between five and 14 working days.

Demo Account

Equiti offers a demo account for new clients to get to grips with forex trading, the broker, and the trading platforms. Funded with simulated money in a real-time market, there is no risk to personal capital and accounts can be used to explore strategies and experiment with new charting or analysis techniques.

Deals & Promotions

At the time of writing, there are no welcome bonuses or promotions offered by the Equiti Group. However, this may change, so check the broker’s website before you create an account.

Regulation & Trust

1 / 5

The Equiti Group of companies are regulated by several global authorities:

Equiti Brokerage (Seychelles) Limited is regulated offshore by the Financial Services Authority (FSA) of Seychelles.

Equiti Group Ltd. is licensed by the Jordan Securities Commission (JSC) and is authorised to provide trading services within MENA.

EGM Futures DMCC is licensed by the Dubai Multi Commodities Centre (DMCC) and regulated by the Securities and Commodities Authority (SCA).

EGM Securities Ltd. is licensed in Kenya by the Capital Markets Authority (CMA) to provide services in Africa.

Equiti Capital UK Ltd. is licensed by the UK Financial Conduct Authority (FCA) and is authorised to provide services within the European Economic Area (EEA), though this is for institutional clients only.

Finally, Equiti AM CJSC, which is also aimed at professional and institutional clients, is licensed by the Central Bank of Armenia.

Overall, Equiti is a legitimate firm but retail traders should be aware that brokerage services for the majority of global clients are regulated offshore by the Seychelles FSA, or by the tier-2 regulators in the MENA and African regions.

Additional Features

Customer reviews point to the limited additional tools that are available from the client portal. There is a helpful commission calculator, economical calendar, and FIX API for UK and EEA clients, but there aren’t the in-depth training guides and tutorials found at many brokers. As a result, beginners looking for additional support may be disappointed.

Equiti economic calendar
Equiti economic calendar

Account Types

Two account types are available:



Trading Hours

The forex market is open 24 hours a day, 5 days a week. Metals have the same trading hours but there is a break at 21:00-22:00 GMT during British summer time and 22:00-23:00 GMT during daylight saving time. A full calendar with holidays and irregular market times for assets is available on the website.

Customer Support

3 / 5

Equiti’s 24/6 customer support team can be contacted via:

Staff are friendly, helpful and can assist in multiple languages.


Personal data is held in secure cloud facilities while the website uses SSL encryption technology. User funds are also segregated from the company’s cash and client fund insurance is available up to $1,000,000 per client.

Equiti Verdict

Equiti is an established international forex and CFD broker. Offering the MT4 platform, mobile app, and multilingual support, they’re a decent all-rounder. To improve further, we’d like to see cryptocurrency trading added to the platform and additional training resources for beginners.

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  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.

  2. Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.

  3. World Forex – World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.

Equiti Comparison Table

Compare Equiti With Similar Brokers
Equiti IG Interactive Brokers World Forex
Rating 2.8 4.4 4.3 4
Markets Forex, CFDs, indices, shares, commodities, cryptocurrencies CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Demo Account Yes Yes Yes Yes
Minimum Deposit $500 $0 $0 $1
Minimum Trade 0.01 Lots 0.01 Lots $100 0.01 Lots
Bonus 100% Deposit Bonus
Education No Yes Yes No
Platforms MT4, MT5, DupliTrade Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral MT4, MT5
Leverage 1:500 1:30 (Retail), 1:250 (Pro) 1:50 1:1000
Payment Methods 4 6 6 10
Visit Visit Visit Visit
Review IG
Interactive Brokers
World Forex

Compare Trading Instruments

Compare the markets and instruments offered by Equiti and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Equiti Trading Instruments
Equiti IG Interactive Brokers World Forex
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes No Yes
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver No Yes No Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures No Yes Yes No
Options No Yes Yes No
ETFs No Yes Yes No
Bonds No Yes Yes No
Warrants No Yes Yes No
Spreadbetting No Yes No No
Volatility Index No Yes No No

Equiti vs Other Brokers

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Customer Reviews

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What's the minimum deposit to open an Equiti account?

Clients need to deposit a minimum of $500 when they open a live trading account. However, after the first deposit the minimum deposit requirement drops to $30 for most methods and there is no minimum for bank wire transfers.

What leverage is available with Equiti?

Equiti offers maximum leverage up to 1:500. However, leverage does vary depending on the instrument traded. See the broker’s website for details.

Is Equiti a safe broker to trade with?

Equiti is a legitimate firm founded in 2008 with several operational branches around the world. That said, the firm’s main brokerage branch is registered offshore and regulated by the Seychelles FSA, a weak regulator with few measures in place to protect client funds.

Does Equiti offer a demo account?

Yes, traders can open a demo account from the broker’s website. The practice account is funded with virtual cash so users can test the platform and broker. The demo account can be closed and a real-money trading account can be opened when clients are ready.

Does Equiti offer a swap free account?

Yes – Equiti offers an Islamic friendly swap-free account. Speak to customer support to open an account.