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Is ETFinance a Scam or Not? Detailed ETFinance Review, which is a must read before you trade with this Forex broker. Read all ETFinance pros and cons, full description of trading accounts, platforms, spreads, promotions.
ETFinance

Operating status: SCAM

Website: https://www.etfinance.eu/

Broker violations and abnormal records
  • 2022-04-06 BrokersView has reviewed that ETFinance is an unregulated forex broker

    ETFinance is not regulated by any regulator since the cancellation of its CySEC license. As per the statement shown on CySEC, ETFinance is under examination for voluntary renunciation of the authorisation. That means ETFinance is no longer licensed or regulated by CySEC. Therefore, it is a scam. 

    ETFinance is not regulated by any regulator since the cancellation of its CySEC license. As per the statement shown on CySEC, ETFinance is under examination for voluntary renunciation of the authorisation. That means ETFinance is no longer licensed or regulated by CySEC. Therefore, it is a scam.
  • 2020-10-12 The Securities Commission Malaysia (SC) Added ETFinance into Its Investor Alert List

    In 2020, The Securities Commission Malaysia (SC) issued a warning against ETFinance

     that this firm carries on unregulated activities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list

    In 2020, The Securities Commission Malaysia (SC) issued a warning against ETFinance that this firm carries on unregulated activities. You may visit: https://www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alerts/investor-alert-list

9 comments

Mohamed Amine
Seamless order trading on the platform. I have made my first profit in the past few months, and the withdrawal is only valid under a verified account. It took a while, but that was because of my own fault. Anyway, I received my money a few days later. Thank you ETFinance, A trustworthy broker.
2023-05-20
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Luca Alfonsi
ETFinance is an upcoming broker, which is very suitable for all kinds of investors. Most importantly, it is commission-free and provides a lot of learning materials. I can recommend the webinar to any newbie to learn the basics of trading..You just need to listen and follow up.
2023-05-12
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Vali
Very satisfied with this platform. Withdrawals are back on your account within few hours(though sometimes it takes a few days) without commission. Most importantly, when trading on the platform there is no irregular slippage… with other brokers, I have always had slippage when I try to enter the market in volatile times… so I can recommend ETFinance to any traders who had similar experiences!!
2023-04-28
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Kristina James
The support is very quick, even when it's busy because of the current covid19 situation….. the customer support are very patient to answer all of my questions!
2023-04-21
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ahmed mahmoud
The support is very quick, even when it's busy because of the current covid19 situation….. the customer support are very patient to answer all of my questions!
2023-04-20
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Dechwale
Customer support are always very nice and professional. As for execution quality (speed, slippage, spreads) , they are really second to none.
2023-04-12
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Niilo Schermer
ETFinance has a well-structured trading platform. The firm provides a versatile and user-friendly environment. The broker offers multiple accounts to its clients according to their budget and trading skills. The leverage is also impressive, which helps the traders to have a profitable portfolio. A safe and reliable broker.
2023-04-09
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Mohammad Burhan
Dont open an account with this company, they will call you every day to get more money from you. If they get they idea that you will not do this they will cut all contact. At the moment I cannot login and i get no answers but an email telling me they will charge me "inactivity fees".
2022-07-31
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Mario Vega
Sehr geehrte Damen und HerrenEtfinance ist bewiesenermassen ein Fall von Betrug! Was ich zur Zeit erlebe:-Trades wurden tatsächlich geschlossen um Gewinn zu verhindern. Die Ausrede war ein Systemfehler! Nun da ich die Auszahlung des Restgeldes beantragt habe, war ein einloggen nicht mehr möglich. Es sei alles i. O., dies sei nur die Folge eines Systemfehler seitens etfinance??? Leider hat sich in der Zeit, in der ich keinen Zugang mehr auf mein Konto hatte und alle Trades geschlossen waren, mein Eigenkapital verringert. Wie das??? In 4 Tagen??? Zum Glück habe ich Bildbeweise und Aufnahmen der Anrufgespräche. Nachtrag: - Neue Gespräche mit etfinance Sachbearbeiter. Auszahlung wurde mir garantiert. Könne aber 14Tage+ dauern. Steht auf ihrer Homepage nicht innert 24 Std.??So, und weiter Gehts! Im Auftrag von etfinance hat mich ein Sachbearbeiter angerufen der AUSDRÜCKLICH nicht für etfinance arbeite, sondern von etfinance angehalten worden sei, sich um Mein "Problem" zu kümmern.Es sei unmöglich eine Auszahlung vorzunehmen weil auf meinem Konto noch Trades aktiv seien. (Was ein anderer Sachbearbeiter zuvor gesagt habe, sei ihm egal.) Da etfinance diese aber selber geschlossen hat, (vor TP) und ich wie geschrieben nach einer Auszahlungsaufforderung nicht mehr einloggen konnte, (Ausrede Systemfehler, Kontooptimierung) kann es garnicht sein, das noch offene Trades sind. Ich müsse mich erst wieder einloggen, (was ja nicht geht), und diesen ominösen Trade schliessen, und Dann erst währe eine Auszahlung möglich. Ab dem Augenblick wo ich das tatsächlich tue, habe ich aber den aktuellen Stand den mir etfinance vorgaukeln will akzeptiert! Ich habe mich nicht darauf eingelassen. Schlussworte des "nicht für etfinance arbeitenden, aber mir helfen wollenden" - Er habe nur versucht mir zu helfen! Ich sei uneinsichtig und unkooperatief. Ich könne alle Hebel des Gesetzes in Bewegung setzen die ich wolle. Keine Chance! Sei ihm doch egal. Aufgelegt! ?Gewinn Etfinance bisher: 1800 Teuro! (letzter stand vor Manipulation)Das Ende? NEIN!!!!
2022-07-08
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