Eurotrader

Introduction

Eurotrader was established in 2015 in Cyprus and is currently regulated by CySEC and FSCA. The broker specializes in providing CFD trading services across multiple asset classes, including forex, commodities, indices, and stocks. With MT4/MT5 platforms, Eurotrader caters to both beginner and experienced traders, offering demo accounts and multiple live account types, including a Swap-free account.

Pros and Cons

Pros:

• Strict regulation (CySEC, FSCA)
• Swap-free account available
• Zero deposit/withdrawal fees
• Supports MT4 & MT5
• Commission-free trading on Standard accounts

Cons:

• No 24/7 customer support
• CFDs only (no bonds or ETFs)

Trading Products

Users can trade a wide range of CFDs, including:

• Forex
• Commodities (oil, gold, silver, natural gas, etc.)
• Global indices (US100, DE30, JP225, UK100, etc.)
• International stocks

Not supported: Bonds and ETFs.

Trading Fees

• Forex: EUR/USD spread around 1.40 pips; other pairs range from 1.4 – 5,280.
• Indices: Spreads from 70 – 610 (e.g., DE30 ~170, US100 ~160).
• Commodities: Very low spreads, mostly 0.00 – 0.30 (Gold ~0.21, Silver ~0.02).
• Crypto: 0.00 spread for all assets (BTC, ETH, ADA, BNB, etc.).

Trading Platforms

• MT4: Beginner-friendly, available on desktop & mobile.
• MT5: Suitable for advanced traders, with more analysis tools.

Deposits & Withdrawals

Eurotrader supports multiple payment methods: Bank transfer, Visa/MasterCard, Skrill (eWallet).

Highlights:

• Free deposits & withdrawals
• Deposit processing: instant (Visa, Skrill), 1–5 business days (bank transfer)
• Withdrawal processing: up to 1 business day
• Minimum limit: 10 USD for both deposit and withdrawal

Conclusion

Eurotrader is a fully regulated and transparent broker, suitable for traders looking for diverse CFD products, popular trading platforms, and competitive costs. However, limitations include no trading outside CFDs and lack of 24/7 customer support.