Forex Brokers

ETO Markets

ETO Markets, established in 2010, is a Forex and CFD Forex broker based in Sydney, Australia

ETO Markets, established in 2010, is a Forex and CFD Forex broker based in Sydney, Australia, providing online solutions to retail and institutional investors in more than 100 countries in Europe, Asia, Middle East, Africa, Oceania, etc. ETO Markets is currently regulated by the Australian ASIC and holds a full license of its authorization and license, license number: 420224.

Financial Instruments

The financial products provided by ETO Markets mainly include 80 pairs of foreign exchange currency pairs, spot index contracts, and spot commodities.

Account Type

ETO Markets offers two different types of real trading accounts, standard accounts and professional accounts. The minimum initial deposit is $200 for Standard Accounts and $20,000 for Professional Accounts. Objectively speaking, the minimum account opening amount of the professional account set by ETO Markets is slightly higher, and investors should pay attention to avoiding risks. In addition, ETO Markets also offers demo accounts.

Leverage

The maximum trading leverage provided by ETO Markets is as high as 1:400. Investors should note that high leverage can increase potential returns, but it can also increase risks.

Spread & Fees

The minimum spread on EURUSD in a standard account on the ETO Markets platform is 1.6 pips, which is slightly higher than average (most traders offer EURUSD spreads between 1.1-1.5 pips), but the account is incorrect A commission is charged for each transaction. For professional accounts, the minimum spread on EURUSD is 0.0 pips and a commission of $7 is charged per trade.

Trading Platform

ETO Markets provides investors with the most popular MT4 trading platform, on which traders can trade foreign exchange, commodities, and stock indices. The platform has a multi-language interface, one-click trading, automatic trading, multiple chart modes, more than 50 analytical tools, and can help traders customize complex trading strategies. ETO Markets MT4 trading platform supports Windows, Android, iOS, and Mac OS versions.

Deposits

ETO Markets supports traders to deposit and withdraw from their accounts through (VISA & MasterCard) credit/debit cards, wire transfer, Skrill, POLi, traders can deposit three currencies of AUD, USD and EUR. In addition, ETO Markets also provides a deposit method: China UnionPay card, but this method is only applicable to RMB. The deposit method and withdrawal method must be the same, the processing time is 1-2 days, and the clearing time is 2-3 days. ETO Markets claims that it does not charge any withdrawal and deposit fees.

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