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- Full listing profile: Equiti broker profile
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.
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.