Equiti Review: Is Equiti a Safe Broker for Your Trading?

This Equiti review covers regulation, fees, platforms and bonuses.

Official website: Equiti

Equiti Review: Overview

Equiti is a forex and CFD broker that operates on an STP/ECN model, meaning client orders are passed on to liquidity providers rather than being handled only in-house. The company was established in 2019 and is based in Jordan, with its head office at Second Floor, Jouba Complex, Suleiman Al Nabulsi St 32, Al-Abdali Boulevard, Amman. Its website is available in English at Equiti.

This review looks at how Equiti is regulated, what account types it offers, which trading platforms are available, what trading costs and leverage look like, how deposits and withdrawals work, and what bonuses are on offer. It ends with a summary of strengths and weaknesses and a verdict for different types of traders.

Before going further, one general point: trading forex and CFDs on leverage carries a high risk of losing money. Leverage magnifies gains and losses alike, so only trade with capital you can afford to lose and make sure you understand how the products work.

Regulation and Safety

Equiti is regulated by the Financial Conduct Authority (FCA) under firm reference number 528328. Regulation matters because it sets rules on how brokers must treat clients, how they report their finances and how complaints are handled. A regulator's licence is not a guarantee of profit, but it is one of the most important signs that a broker is operating under oversight.

Equiti also states that client funds are segregated. In practice, segregation means client money is kept apart from the company's own operating money, which is an important protection if a broker runs into financial trouble. Segregation is a feature you should always confirm in the broker's current documentation, because the exact arrangements can depend on the entity and jurisdiction that serves your account.

Because the company is based in Jordan while the regulator named is the FCA, it is worth checking which Equiti entity you would be contracting with. Search the FCA register yourself using firm reference 528328, confirm that the entity and services match what you are signing up for, and read the client agreement carefully before you deposit.

Account Types

Equiti offers a range of account types designed for different levels of experience and different trading styles. The broker's account list includes the following:

• Free demo account: a practice account that lets you test the platform and strategies without risking real money. This is a good place to start if you are new to trading.
• Mini accounts: aimed at traders who want to start with smaller positions and a lower entry level.
• VIP accounts: higher-tier accounts for more active or larger-volume clients. Check the official site for the requirements and benefits of each tier.
• Swap-free accounts: accounts without overnight swap charges. These are relevant for traders who want to avoid holding costs on positions kept open overnight.
• Managed accounts: accounts where a professional manager handles trading on the client's behalf. Managed arrangements carry their own risks, and you should understand the fee structure and the manager's track record before committing funds.

Equiti does not offer Islamic accounts. Traders who need a Sharia-compliant structure will need to look for a provider that offers one, or check whether any alternative arrangement suits their needs.

Account base currencies include USD, EUR, GBP, AED, SAR and JOD. Choosing a base currency that matches your deposit currency can make funding and reporting simpler, so it is worth thinking about this before you open an account.

Trading Platforms

Equiti's platform lineup is built around MetaTrader 4 (MT4). The listed options are MT4 for desktop download, MT4 for Mac OS, MT4 for iPhone and iPad, MT4 for Android, and Web Trader. This means you can trade from a Windows computer, a Mac, a phone or tablet, or directly in a web browser without installing anything.

Web trading and mobile trading are both available, which covers most situations where you may need to check positions or place orders away from your desk. MT4 is widely used, has a large library of indicators and Expert Advisors, and is familiar to many traders, so the learning curve is often shorter for people who have used it before.

Equiti also permits hedging, scalping and news trading. These trading styles are not allowed by every broker, so if your strategy depends on them, this is a useful point in Equiti's favour. Even so, scalping and news trading can be costly and fast-moving, and they require discipline and a clear risk plan.

Spreads, Fees and Leverage

Equiti advertises minimum spreads from 0.4 pips. The spread is the difference between the buy and sell price, and it is one of the main costs of trading in an STP/ECN environment. Note that the figure is a minimum, and spreads will widen during volatile market conditions, around major news releases, and at low-liquidity times such as the market open or rollover. Compare the typical spread on the pairs you actually trade rather than relying on the headline figure alone.

The minimum deposit at Equiti is 500. Check the official website for the exact requirement that applies to your chosen account type and currency, as entry levels can differ between accounts.

Maximum leverage is 1:500. High leverage allows you to control larger positions with a smaller amount of margin, but it also means small price moves can wipe out your balance quickly. Equiti notes that leverage may be lower depending on your country and account type, so do not assume you will have access to the full 1:500 ratio. Many traders use far less leverage than the maximum available, and that is a sensible approach for most people.

Overnight holding costs are a separate consideration. If you hold positions open past the daily cut-off, swap charges may apply. Swap-free accounts are available at Equiti for clients who want to avoid these charges, but read the account terms to understand any other costs that may apply.

Deposits and Withdrawals

Equiti accepts deposits by Bank Transfer, Bitcoin, BitcoinCash, Dash, Ethereum, Litecoin, Fasapay, Neteller and Skrill. Withdrawals are available through the same list of methods. Having both traditional and e-wallet options gives clients flexibility, and the ability to withdraw through the same method used for deposit is generally a good sign of an orderly payment process.

Cryptocurrency and e-wallet transactions may come with their own fees, processing times and limits, and these can change. Bank transfers usually take longer but are familiar to most people. Before depositing, check the current fee schedule, any minimum or maximum amounts, and the processing times for each method on the official website.

Crypto payments in particular can fluctuate in value between the time you send them and the time they are credited, so consider this when choosing how to fund your account.

Bonuses and Promotions

Equiti currently offers a welcome bonus and other promotions. The company does not offer a no-deposit bonus, so you will need to fund an account to access the current offers. Bonus structures in forex are often attached to conditions such as trading volume requirements, withdrawal restrictions or time limits, and these can change over time.

Before accepting any bonus, read the full terms. Check what you need to do to qualify, whether the bonus can be withdrawn, how it affects your margin and how it is removed from your account if conditions are not met. A bonus that looks attractive on the surface may come with requirements that make it less valuable than it appears.

Customer Support

Equiti's website is available in English. Support details such as contact channels, opening hours and response times are best confirmed directly on the official website, since these can change and are not set out here. When you are assessing support, look at how quickly the team responds, whether it can explain account and payment questions clearly, and how it handles complaints. Testing support with a question before you deposit is a practical way to judge the service.

Pros and Cons

Pros

• Regulated by the Financial Conduct Authority under firm reference number 528328.
• STP/ECN model with spreads from 0.4 pips.
• Leverage up to 1:500, subject to country and account type.
• MT4 available on desktop, Mac, iPhone, iPad and Android, plus Web Trader.
• Free demo account for practice.
• Range of account types, including mini, VIP, swap-free and managed accounts.
• Six base currencies, including USD, EUR, GBP, AED, SAR and JOD.
• Wide choice of deposit and withdrawal methods, including bank transfer, e-wallets and cryptocurrencies.
• Hedging, scalping and news trading are permitted.
• Client funds are stated to be segregated.

Cons

• No Islamic accounts are offered.
• No no-deposit bonus is available.
• Leverage may be restricted depending on country and account type.
• Spreads quoted are minimums and