Earn

Earn is an online broker operated by Top Markets Solutions Ltd, a private limited company registered in Cyprus with registration number HE272810. The company's registered address is Esperidon 5, 4th floor, Strovolos, 2001 Nicosia, Cyprus. While the broker's website states it was founded in 2011, regulatory records indicate a company registration date of 2024-02-20; this discrepancy may reflect a rebranding or restructuring. Earn operates as a Cyprus Investment Firm (CIF) and is authorized by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11, holding a Market Making (MM) license. This regulatory framework subjects the broker to MiFID compliance and oversight by CySEC, offering a degree of investor protection for clients within the European Economic Area.

As a CySEC-regulated entity, Earn must adhere to strict standards, including client fund segregation and negative balance protection for retail clients. The broker's website confirms negative balance protection is offered on its MT5 Sharp ECN account. Additionally, Earn is covered by the Investor Compensation Fund (ICF) in Cyprus, which compensates eligible clients up to €20,000 if the broker fails to meet its obligations. However, the scope of this protection may vary for professional clients or those outside the EU. The broker also displays risk warnings on its site, noting that 45.34% to 55.60% of retail investor accounts lose money when trading CFDs, depending on the page.

Earn offers a single account type for CFD trading: the MT5 Sharp ECN account. The minimum deposit required to open an account is $/€100, which is relatively accessible for retail traders. The account is available in base currencies USD and EUR. Retail clients can trade with leverage up to 1:30, while professional clients – those meeting eligibility criteria – can access leverage up to 1:100, subject to asset class limits. The broker also supports demo accounts, though separate details are not prominently featured.

The broker provides the MetaTrader 5 (MT5) platform for trading. MT5 is a widely used multi-asset platform offering advanced charting, technical analysis tools, algorithmic trading via Expert Advisors (EAs), and a built-in economic calendar. Earn claims that traders can benefit from high-speed execution and deep liquidity. The platform is available for desktop, web, and mobile devices, allowing access to markets from anywhere. No proprietary platform is offered, and the broker does not mention MT4.

Earn offers CFD trading on over 1,000 assets, including forex pairs, indices, commodities, energies, agricultural products, stocks, ETFs, and cryptocurrencies. The broker's website provides a sample of trading conditions for forex pairs such as AUDCAD, AUDCHF, and EURUSD, showing current spreads, swap rates, and margin requirements. Professional clients can trade with higher leverage on certain instruments, while retail clients face standard ESMA leverage caps. The broker also offers a brokerage account for long-term investments, though details on this are limited.

Funding an account with Earn can be done via Visa, Mastercard, or bank transfer. The broker charges a 2.4% fee for card deposits, while bank transfers may incur fees according to the bank's schedule. Withdrawals are processed via SEPA EUR transfer (1 EUR fee) or international wire ($5 fee), with processing times of 2–10 business days.

The minimum withdrawal amount is €5. It is important to note that deposit fees are relatively high compared to many brokers that offer free card deposits. Clients should also consider potential intermediary bank charges for international transfers.

Earn explicitly warns that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. The broker's website displays varying loss rates: 45.34% of retail accounts lose money on some pages, while other pages show 55.60%. This discrepancy may reflect different client segments or product offerings. Prospective traders should be aware that leveraged trading carries significant risk and that past performance is not indicative of future results. The broker's regulation by CySEC provides a framework for dispute resolution and compensation, but it does not eliminate the inherent risks of CFD trading.