Equiti Review

Overall Rating


Top 5 Forex Brokers

Equiti Review

📅 Year founded


📈 Multiple top-tier regulation


📍 Headquarters

Eden Island, Seychelles

🌍 Country of regulation

Seychelles / Cyprus / United Arab Emirates / Jordan / Kenya / United Kingdom / Armenia / New Zealand

✅ Regulators

FSA / CySec / SCA / JSE / CMA / FCA / ACB / FSP

📈 Execution Type

Market Execution

💰 Minimum Deposit

$30 USD

🛡️ Negative Balance Protection


📉 Trading Platforms

MetaTrader5 / MQ Web Trader

 ☪  Islamic account


📉 Trading Instruments

Forex / Indices / Commodities / Shares / ETFs / Cryptocurrency CFDs

📱 Mobile trading

iOS / Android / Windows

💳 Payment Types Accepted

Credit and Debit Cards / Bank Wire Transfer / Neteller / Skrill / SenhorMoney / Cryptocurrency Wallets

🎮 Demo Account


 ⓒ Copy Trading


🎁 Bonus Offer

Refer-a-Friend Programme / Partner Program

💰 Account Currencies


📈 Minimum Trade

0.01 Lots

📈 Account Types


📈 Margin Trading


📈 Trading fees


📈 Inactivity fee

After 6 consecutive months

💰 Withdrawal fee

Depending on withdrawal method

☎ Customer Support


💰 Max. Leverage

2 000:1

✔️ Hedging Allowed


✔️ Scalping Allowed


💰 Commission

$3.50 USD per lot per side

💰 Spreads

From 0.0 pips

💰 Leverage


💰 Currency Pairs (Total Forex pairs)


🔢 Number of clients


🥇 Instruments Offered

350 +

📙 Education eResources / Signal Centre / FAQs

Click here ✅ Open a Trading Account




Found in 2008, Equiti is a respectable forex and CFD brokerage firm with its headquarters located in the Seychelles. This online broker is regulated by the Financial Conduct Authority as well as multiple other jurisdictions around the world.

At Equiti, clients can trade a range of trading instruments such as forex, indices, commodities, shares, ETFs and cryptocurrency CFDs.

The broker also offers a variety of trading platforms to its traders including the world renowned MetaTrader5 (MT5) platform and the MQ Web Trader.




Equiti is a worldwide broker offering brokerage services in the forex market, indices, commodities, shares, ETFs as well as cryptocurrencies. They use the best trading platform in the industry known as MT5, the upgrade on the well-known MT4, as well as desktop and mobile platforms.

The company has presence in different parts of the world and their services are regulated. You are free and safe doing business with the company. Because of their global presence they meet regulatory demands imposed by those countries they have business in such as Seychelles, the United Kingdom and Cyprus amongst others.

In Jordan for instance this broker is under the regulation of Jordan Securities commission just as it is regulated by the Financial Conduct Authority which regulates its operations in the United Kingdom. The company is also based in the UAE where their business is regulated by the Dubai Multi Commodities Centre.

Currently they employ more than three hundred workers, and these are in many parts of the world. This means their customer services is also available in multiple languages.

Before diving further into this review, let’s take a brief look at some of the pros and cons of Equiti as a broker to provide a better outline of their offering.





  • Very tight spreads.
  • The company is highly regulated across many jurisdictions.
  • Offer the world renowned MT5 trading platform.
  • They also make customer support available in a variety of different languages.
  • They offer reasonable commissions on their Equiti account.
  • The broker offers a variety of trading instruments.
  • Customer support is available 24/6.



  • The services are not available in some countries.
  • They do not offer a wide range of account types.
  • There may be withdrawal fees applicable depending on the withdrawal method used.




Equiti offers lots of trading instruments covering more than 350 financial products. They offer 55 currency pairs as well as various precious metals, cryptocurrency CFDs and multiple shares.

Equiti offers its traders forex, indices, commodities, shares, ETFs and cryptocurrency CFDs. If you visit the website, you can get the comprehensive list of the financial products they provide for their customers.

The broker also makes things easier for their customers because of the trading costs and spreads. You should know that these can vary, as is the case with most brokers in the industry. The spreads, commissions as well as overnight funding swap rates can change and it depends on their various instruments and on the type of trading account you have.




Equiti offers different trading platforms, including the world renowned MT5 platform and the MQ Web Trader.



The MT5 platform which is also used by other reputable providers, has become a standard in the industry because it offers the best and the most intuitive trading environment. This platform is good for all traders, including new traders and experienced ones.

The platform also makes available deep trading histories and clients can get access to over thirty advanced charting tools. In addition, they provide up to fifty technical indicators and nine timeframes. Its Expert Advisors makes provision for automated trading capabilities.


MQ Web Trader

This platform is also offered by Equiti and does not need to be downloaded as it is easily accessible via the internet. The platform offers a range of features, created to enhance your trading experience. Equiti also allows for this platform to be compatible with its “Signals Centre” service.


Mobile trading platforms

There is also the mobile trading platform. It uses the MT5 app which is the mobile version of this platform. Whether you have an Android or iOS mobile operating system, you can comfortably use this platform to trade.

It is downloadable and you can get it from the official website of the brokers, just check the Google Play store and the Apple Store apps for this trading software. The platform makes various different features available which can assist you to control and manage the trade.




There is unfortunately not a wide variety of trading accounts on offer from Equiti, however, once you see the available features, you will realise that there is a ton of quality in that account offering.


Equiti Account

The Equiti Account is compatible on both platforms offered by Equiti, namely MT5 and MQ Web Trader and does not charge any platform fees for either platform.

Some of the features include:

  • Tight spreads from 0.0 pips.
  • Commission charges of $3.50 USD per lot per side.
  • Built-in research and risk tools.
  • Access to the Signals Centre.
  • It utilises ECN technology, meaning fast and reliable executions speeds.
  • It offers leverage up to 2 000:1.

In addition to the above-mentioned account, Equiti also offers a swap-free Islamic account with the same features as above, as well as access to a demo account for traders to learn on, or for more experienced traders to test out new strategies.




To open an account with this broker is not difficult. The process is simple and easy. The online application form is opened and filled in electronically for the client to provide their basic information, including contact details, residential address and other important information like employment status and financial background.

This will take you to the last step of the account opening process which is the filling of the questionnaire to determine your previous experience about the various instruments they offer. There is also an agreement that needs to be signed for foreign accounts.

The last stage is where the trader is asked to choose an account as well as platform, currency and perhaps the swap-free account option. You will also be asked to select an account password.

The final stage is when the trader would be asked to upload the proof of identification they provided. You would also be required to submit a bank statement, or to provide a utility bill, which would not be older than three months for purposes of proof of residential address.

When you verify the account and provide all the things required from you, you must deposit funds to the account through any of the various payment options they make available to their clients.

Once you fund your live trading account then you are ready to go. If you are not ready to deposit funds yet, Equiti does allow potential clients to start with a demo account first, in order to experience their trading conditions before making a decision.




The broker makes this account available for its intending clients to practice before they fund their live trading account. It is also for experienced traders to test new strategies before applying those to their real accounts.

This is for practice purposes, and it equips the traders with everything they need to know about any market they want to enter. It can help them with forex trading, getting to know the broker and their rules as well as the various trading platforms they make available.

You must use any of the platforms they make available. The demo account is not funded with real money. This does not involve any risk, but you can use it to master trading and the market as well as experiment on the various trading strategies available. You will also try all the analytical tools available to you as a trader and see if you are content with the offering.

It is recommended that you practice on demo accounts before starting live trading, and Equiti is a broker that allows you to go through that process.




Social trading and copy trading are very popular on this platform. This is a trading system where traders follow or copy other traders. Before this can happen both traders must be connected online, and the platform provides the system where you can follow trades and copy trades that take place.

The trader copying from the other will view the trade, analyse that trade and decide what to do. Traders can be followed automatically as well as manually. It is recommended that you copy only successful traders who know what they are doing.

Equiti promotes copy trading through their Signal Centre, which can be a useful tool for new traders, or those who do not have time to trade. Copy trading can also be accessed via the multitude of EAs on the MT5 platform.




The commissions charged by Equiti are fair and comparable to other brokers in the industry. Considering they offer spreads from 0.0 pips, the commission charge of $3.50 USD per side per lot is a reasonable commission charge.

Equiti does not charge fees on deposits, although banking fees may be charged by your financial institution. They do however charge a small withdrawal fee, depending on the withdrawal method used. This is fairly small and usually in the form of a commission on the withdrawal.

Muslim clients may opt for the Islamic Account, which does not charge swap fees. All other traders however, will be charged swap fees as is standard in the industry.

When the account is inactive for 180 days then such an account is deemed to be inactive and then a monthly inactivity fee becomes payable on your account.




The broker provides a flexible leverage that can be changed on your account settings.  The maximum leverage available is among the highest in the industry, at 2 000:1. It must be noted that the available leverage is dependent on factors such as the type of instruments traded and the jurisdiction from which a trader operates (due to regulations).




The company offers different ways of depositing money or funding your account. The various different methods can be viewed in the table above.

An interesting note, is that Equiti offers some of the fastest turnaround times on withdrawals via debit or credit cards, with a turnaround time from anywhere between 1 and 2 days. The industry standard is generally between 3-5 days.

There is a minimum withdrawal applicable of $50 USD and there may be charges on withdrawals depending on the method selected. On debit and credit cards, there is no fee, however on bank wire transfers, there is a fee of $30 USD applicable.

No charges are placed on deposits.

Another exciting feature of Equiti is that they offer cryptocurrencies as withdrawal and deposit methods, meaning you do not have to rely on standard measures usually applicable at other brokers.




Equiti offers an effective customer service, and the support department is available 24 hours a day, 6 days a week. They are also available on Sundays and they provide different methods of contacting them. The contact is done through different methods which include live chat, phone contact, email and they do that in many languages.

The live chat service is available online and you can discover this option on their website.

You can also contact them via phone, depending on what country you are from.

As they operate globally and have offices in multiple different countries, traders from those jurisdictions will also be able to contact the broker in person should such a need arise. You are encouraged to view their website, where the offices’ addresses are readily available.




You are safe and secure should you opt to use Equiti as a broker. They use secure cloud facilities and SSL encryption to secure your data and information. The trader’s fund is safe, and it is separate from the company’s money, a feature known as “segregated client funds” and is being implemented by more and more brokers around the world. In the same way, the customer’s fund is well secured and insured up to $1 000 000 USD for every client, something that is not available at most brokers.

The brokers are regulated in different countries by different regulators. This ensures the safety and security of your investment. There is absolutely nothing to worry about when you have your money with them.

In the case of insolvency, the client has absolutely nothing to lose and to worry about. Firstly, there is the insurance of up to $1 000 000 USD on client’s money and of course the benefit of segregated client funds.




Currently, Equiti does not offer a deposit bonus but they do however, offer a Refer-a-Friend Program as well as an Affiliate Program.

The Refer-a-Friend Program basically provides clients with extra trading funds when they refer someone to the broker, and if they end up opening a live account with Equiti.

The Affiliate Program is also available, whereby traders can earn commission on other people’s trades, who have used their affiliate link to sign up and deposit money with the broker. More information on this can be found on Equiti’s website here.




The broker provides different forms of research to help the trader to learn more about the market and the system. This research is available in the form of, amongst others, an economic calendar, “Assets Overview” and their own “Research Terminal” which is quite an impressive offering.

There is also a multitude of research tools available via the MT5 platform.




Any trader who has been in the industry long enough will tell you the importance of education and training. This offered by Equiti through their own “eResources” hub where traders can access and enjoy a wide variety of educational tools.

Additionally, they also offer the “Signal Centre” which traders can use to copy trades. If used correctly, traders can use these signals to learn from the signal providers and basically see what the best in the industry are doing.




Equiti has been recognised multiple times over the past few years for their good work as a broker, winning some of the following awards:

  • Best ECN Broker (2023) – Bahrain Fintech and Crypto Summit.
  • Most Transparent Broker (2022) – Jordan Financial Expo.
  • Best Customer Service Broker MENA (2022) – Global Business Review Magazine.
  • Fastest Growing Multi-Asset Broker (2022) – Global Brands Magazine.
  • Best Online Broker for Cryptocurrency CFDs (2022) – The European.




You can see from the Safety and Security section that this broker is not a scam. They are well regulated across a range of jurisdictions, by a range of regulatory authorities. At Brokersuggest.com, we like seeing brokers regulated across multiple jurisdictions, as this means there is a great deal of compliance standard being adhered to by the broker.

Equiti also offers segregated client funds, keeping your money separate from their own. The added benefit of insurance up to $1 000 000 USD is a fantastic sign that they are a safe broker, concerned about their clients’ funds.

Additionally, it is always good to see brokers winning awards such “Most Transparent Broker” like Equiti did in 2022.




In conclusion, Equiti is a reputable broker, and they have strong international presence since they are available in different parts of the world. This broker makes a wide range of trading instruments available. They offer the world renowned MT5 platform, so you know that your trading experience will be a good one.

Equiti offers very tight spreads, at a reasonable commission charge, which is something that every trader will benefit from. Their research and education offerings are also exceptional, while they also boast a good reputation for efficient and helpful client support, available 24/6 and in a variety of different languages.

From the above review, it is clear that Brokersuggest.com has no other option that to say that Equiti is a fantastic broker, who is highly recommended by our team.

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