eForex Markets Journal

Journal status: live
eForex Markets joined in | not yet
eForex Markets Profile
Year
2010
Country
BVI
Branches
1
Regulation
FSC BVI
Registration
FSC BVI
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
...
Broker type
STP, ECN pricing
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
70
LPs quality
Tier-1 Banks, Non-Banks
LPs names
...

eForex Markets Accounts
STP
ECN
Minimum Deposit
200 $
10000 $
Leverage
400 : 1
100 : 1
Minimum Lot
0.01 lots
1 lots
EURUSD spread
1.3 pips
0.2 pips
Commission
0 $/lotRT
10 $/lotRT
Volume
100 lots
300 lots
Margin Call
100 %
100 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Neteller, Bitcoin
Base currency
USD
Segregated accounts
...
Interest on margin
no
Inactivity fee
after 12 months
Update broker

Is eForex Markets safe?

  • Investor protection: no
  • Regulation: FSC BVI
  • Registration: FSC BVI
  • Publicly traded: no
  • Segregated account: ...
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is eForex Markets trusted?

  • Information transparency: sufficient ★★★
  • Customer service: virtually non-existent
  • eForex Markets website: semi-detailed, updated ★★★
  • eForex Markets popularity (by visitor count): low visits ★★

How eForex Markets works



- Lowest ECN spreads
- Ultra-fast market execution


Is the firm a market maker?
No, our firm is not a market maker. We do not have a dealing desk; we only provide Straight Through Processing (STP) order execution.

Does the firm provide ECN pricing?
Yes, our market prices are derived from our aggregation engine that is integrated to top-tier banks and non-bank institutions.

What are your spreads?
As we provide ECN pricing, the spreads are variable and not fixed. In order to view live market spreads, you can request a demo account.


Our Feed comes from leading liquidity providers and banks. Feeds can come through from as many as 70 institutions when viewing spreads on the MetaTrader 5 platform.


2.1 Subject to the Client fulfilling its obligations under this Agreement, EFX Markets Ltd. may provide the following services to the Client (the “Services”):
(i) entering into spot contracts for differences with the Client on currencies, indices, precious metals, oil, commodities and financial instruments and products as listed in Underlying List (respectively, “Contracts” or “trading positions” and the “Underlying”) acting as principal and not as a Client’s agent; and
(ii) receiving and transmitting orders relating to Contracts to other investment firms or authorized intermediaries acting on behalf of the Client.

11.3 A “Hedging Event” shall be deemed to occur, in respect of any Contract entered into hereunder, if EFX Markets Ltd. is unable or where it is impractical for us, after using reasonable efforts, to acquire, establish, re-establish, substitute, maintain, unwind, or dispose of any transaction or asset we deems necessary or appropriate to hedge its price risk relating to the Contract. If EFX Markets Ltd. determines, in its reasonable opinion, that a Hedging Event exists in relation to any open Contract, EFX Markets Ltd. may (without prejudice to any other rights and in its sole discretion), close the relevant Contract as it deems to be appropriate in the circumstances.



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