EPF

EPF is a forex broker originally founded in 1995 and registered in New Zealand since 22 March 2018. The company operates under the name Inst Forex Execution (STP) and lists its registered address at Suite 503, Level 5, 87-93 Queen Street, Auckland Central, Auckland 1010, New Zealand. EPF claims to have offices in the United Arab Emirates and offers trading services primarily through the MetaTrader 4 (MT4) platform.

Publicly available information about EPF is limited, and the broker does not have independent user reviews at this time. Traders should exercise caution when considering this broker due to regulatory uncertainties and the lack of verified operational details.

EPF is registered with the Financial Service Providers Register (FSPR) in New Zealand under the business name Inst Forex Execution (STP). However, according to industry records, EPF's regulatory oversight by the FSPR has been withdrawn. This means the company is no longer actively monitored by a financial regulator, raising significant concerns about its compliance with financial standards and client fund protection.

In New Zealand, firms registered with the FSPR are not necessarily regulated by the Financial Markets Authority (FMA); FSPR registration is a basic requirement for financial service providers but does not imply stringent oversight. The loss of even this registration is a red flag for traders seeking a secure trading environment.

EPF states that it uses the MetaTrader 4 (MT4) platform, a widely adopted trading system known for its user-friendly interface, advanced charting tools, and automated trading capabilities through Expert Advisors (EAs). MT4 is particularly popular among forex traders for its reliability and extensive community support.

The specific instruments offered by EPF are not publicly detailed. Given its focus on forex, it likely provides access to major, minor, and some exotic currency pairs. The broker may also offer CFDs on commodities, indices, or metals, but no official confirmation is available due to the lack of a functional website or updated information.

As no official website is accessible, EPF's account types and minimum deposit requirements cannot be verified. Typical forex brokers offer multiple account tiers such as micro, standard, and ECN accounts with varying spreads, commissions, and leverage. Without concrete data, it is unclear what EPF offers.

Similarly, funding methods are unknown. Most brokers accept bank transfers, credit/debit cards, and e-wallets, but EPF has not disclosed its payment options. Traders should be wary of depositing funds with an unregulated entity that lacks transparency in its operations.

EPF appears to target retail forex traders, particularly those familiar with the MT4 platform. The broker's long history (claiming origination in 1995) may appeal to some traders, but the loss of regulatory oversight and limited public information make it unsuitable for risk-averse traders.

Given its guarded risk score (34/100) and regulatory issues, EPF is best suited only for experienced traders who fully understand the risks of trading with an unregulated broker and are prepared for potential loss of funds. Beginners and traders prioritizing safety should avoid this broker.