Equiti Journal

Journal status: live
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Equiti Profile
Year
2017
Country
Jordan
Branches
10
Regulation
SC Jordan
Registration
FCA UK, SCA UAE, DMCC UAE, CB US, FSA Seychelles
Investor protection
Fund protection
Insurance
Publicly traded
no
Restricted countries
Not serving
х Belgium, Canada, Singapore, US
Broker type
DMA, ECN pricing
Dealing book
A-book
Tier
3
Execution speed
40 ms
LPs total
22
LPs quality
Tier-1 Banks
LPs names
BNP Paribas, Citibank, HSBC, JPMorgan, NatWest

Equiti Accounts
DMA
ECN
Minimum Deposit
500 $
20000 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.6 pips
0.2 pips
Commission
0 $/lotRT
7 $/lotRT
Volume
1500 lots
1500 lots
Margin Call
100 %
100 %
Stop Out
30 %
30 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
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Is Equiti safe?

  • Investor protection: Insurance
  • Regulation: SC Jordan
  • Registration: FCA UK, SCA UAE, DMCC UAE, CB US, FSA Seychelles
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is Equiti trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • Equiti website: highly detailed, updated ★★★★★
  • Equiti popularity (by visitor count): average ★★★

How Equiti works

Straight through processing broker. We are a straight through processing broker and quote the prices provided to us by certain Liquidity Providers from whom we source prices electronically through our Electronic Trading Services. Subject to sub-clause 2.1.3 below, such quotes represent prices at which we are prepared to deal with our clients.

https://www.equiti.com/legal-documentation/#terms-and-conditions

It is Equiti’s decision as to what markets to offer its clients and we will deal with you as principal and counterparty to each trade, providing you with two-way price quotes. As such, every market offered by Equiti is quoted as a derivative of the underlying market and we are the only execution venue to which you have access through us.

Under the OXO (Orders-Crossing-Orders) ECN model, certain Equiti Qualified Participants are able to provide liquidity in competition within the interbank pricing pool. Such Qualified Participants hold collateral directly with Equiti (and not vice versa) to ensure that funds are protected under strict client funds procedures. To qualify, Qualified Participants must be financial institutions that have met the necessary capital requirements and have the sophisticated technological means to provide the required streaming pricing.

4. Execution Venue

Execution Venue means the firm directly executing the orders. In this instance Equiti is the Execution Venue who is quoting prices which are provided to Equiti by: (i) top tier global banks, (ii) non-bank liquidity providers in the wholesale foreign exchange markets, and (iii) OXO ECN Qualified Participants, that the firm believes will provide the best available prices to its clients on a consistent basis.

t is the decision of Equiti’s as to what markets it offers its clients and it does so, not as a broker but as a principal and counterparty to each trade.

https://www.equiti.com/legal-documentation/#equiti-order-execution-policy

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