equiti

Equiti is the trading name of Equiti Brokerage (Seychelles) Limited, a company incorporated under the laws of the Republic of Seychelles with registration number 8428558-1. The broker was founded on 1 November 2018 and is headquartered at First Floor, Marina House, Eden Island, Seychelles. Equiti positions itself as a global provider of bespoke Forex and CFD liquidity, targeting both professional and ECP (Eligible Counterparty) clients.

The broker operates primarily through its website, equiti.top, and offers trading services in forex and CFDs. While the company is registered in Seychelles, it also holds regulatory licences from the Cyprus Securities and Exchange Commission (CYSEC) and the Seychelles Financial Services Authority (FSA), giving it a dual regulatory framework.

Equiti is regulated by two authorities: the Cyprus Securities and Exchange Commission (CYSEC) under a Forex Execution License (STP) with a status of 'Regulated', and the Seychelles Financial Services Authority (FSA) under a Derivatives Trading License (EP) with a status of 'Offshore Regulation'. The CYSEC licence is based in Cyprus and provides a regulated environment within the European Economic Area, while the FSA licence is considered offshore regulation, which may offer a different level of investor protection.

It is important for traders to understand the implications of each regulatory body. The CYSEC regulation imposes certain client protection measures such as negative balance protection and segregation of client funds, in line with ESMA rules. The Seychelles FSA, however, is generally seen as a less stringent regulator, which may be a consideration for risk-averse traders.

Equiti offers three account types: Standard, Classic, and Premier. The Standard account has a minimum deposit of $30 and is suitable for retail traders starting with a modest capital. The Classic account does not have a specified minimum deposit, which may indicate flexibility for traders. The Premier account requires a minimum deposit of $100 and is likely designed for more experienced or higher-volume traders.

All three account types share a maximum leverage of 1:2000, which is extremely high. Such high leverage can amplify both gains and losses significantly. This level of leverage is typically available under offshore regulations and may not be permitted in more regulated jurisdictions like the EU or UK. Traders should exercise caution when using high leverage.

Equiti provides the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are widely recognized for their robust charting tools, automated trading capabilities via Expert Advisors (EAs), and user-friendly interfaces. The availability of both MT4 and MT5 gives traders flexibility, though specific instrument offerings have not been disclosed in the available data.

The broker claims to offer bespoke Forex and CFD liquidity. While the exact list of instruments is not provided, typical offerings include major, minor, and exotic forex pairs, indices, commodities, and cryptocurrencies. Traders interested in specific instruments are advised to contact the broker directly for a full list.

Information on funding methods for Equiti is limited in the available data. However, given its target clientele of professional and ECP clients, the broker likely supports common payment methods such as bank wire transfers, credit/debit cards, and e-wallets. The minimum deposit varies by account type, with $30 for Standard and $100 for Premier.

Withdrawal policies are not explicitly outlined, but standard practice in the industry involves processing withdrawals within a few business days. Traders should verify the specific terms and conditions with the broker before funding an account.

Equiti positions itself as a broker for professional and ECP clients, suggesting it is not primarily aimed at complete beginners. The high leverage and focus on bespoke liquidity indicate that the broker may cater to experienced traders who require deep liquidity and flexible trading conditions.

However, with a CYSEC licence, the broker also accepts retail clients under certain conditions. The Standard account with a low minimum deposit could attract new traders, but the high leverage and offshore regulation introduce risk factors. Traders should evaluate their own experience level and risk tolerance before choosing Equiti.

Equiti is a relatively young broker founded in 2018, with a presence in both Seychelles and Cyprus through its regulatory licences. It offers high leverage up to 1:2000 and the popular MT4/MT5 platforms. While the CYSEC licence provides a level of regulation, the Seychelles FSA licence is offshore and may offer less protection.

The broker has no independent user reviews available, which means potential clients should conduct thorough due diligence. FXCanary's Scam Risk Score of 29/100 (Guarded) indicates that while not an immediate red flag, caution is warranted. Traders are advised to verify all details directly with the broker and consider the risks associated with high leverage and offshore regulation.