About equiti
Overview
Equiti is a forex and CFD broker operating under the trading name of Equiti Brokerage (Seychelles) Limited. Founded in 2018, the company is headquartered in the Republic of Seychelles with a registered office at First Floor, Marina House, Eden Island. The broker positions itself as a global liquidity provider catering to professional and ECP (Eligible Counterparty) clients, offering bespoke trading solutions.
Despite being a relatively young broker, Equiti has expanded its presence through dual regulation by both the Cyprus Securities and Exchange Commission (CYSEC) and the Seychelles Financial Services Authority (FSA). This regulatory framework allows it to serve clients in multiple regions, though the level of protection varies by jurisdiction.
Regulation
Equiti holds two regulatory licenses. In Cyprus, it is regulated by CYSEC under license number 415/22, which subjects it to European MiFID II standards, including negative balance protection and investor compensation schemes for clients under that entity. In Seychelles, it is licensed by the FSA under license number SD064, categorized as offshore regulation, which typically offers fewer protections.
Traders should note that the Seychelles entity operates under a more permissive regulatory environment, and client funds are not subject to the same stringent segregation requirements as under CYSEC. This dual structure means that the actual regulatory protections depend on which entity a client's account is held with.
Account Types
Equiti offers three main account tiers designed for different trader profiles. The Standard account requires a minimum deposit of $30 and provides fixed spreads from 1.4 pips with no commission, making it suitable for beginners or low-volume traders. The Classic account has no minimum deposit requirement but slightly higher spreads starting at 1.6 pips, also commission-free.
For more active traders, the Premier account requires a $100 minimum deposit and offers variable spreads from 0.0 pips, with a commission of $3.5 per lot per side. All accounts provide maximum leverage of 1:2000, which is significantly higher than regulated European limits, indicating that the high-leverage option is likely available through the Seychelles entity.
Platforms and Tools
Equiti provides the popular MetaTrader 4 and MetaTrader 5 platforms, which are industry standards for forex and CFD trading. These platforms offer advanced charting tools, automated trading capabilities via Expert Advisors (EAs), and a wide range of technical indicators. The broker does not disclose a specific list of tradable instruments in the provided data, but as a CFD provider, it likely offers major forex pairs, indices, commodities, and cryptocurrencies.
The availability of MT4 and MT5 suggests that Equiti aims to accommodate both manual traders and algorithmic traders. However, the lack of detailed information about instrument coverage is a notable gap for traders evaluating the broker's offering.
Deposits and Withdrawals
Funding a live account is possible via multiple methods, including Visa, Mastercard, Skrill, and Neteller. The broker does not disclose minimum deposit amounts beyond the account type requirements, nor does it specify processing times or fees. Withdrawals are supported through the same methods: Skrill, Visa, Neteller, and Mastercard.
Based on user reviews, deposit processing is generally smooth, but withdrawals are a significant pain point, with many reports of delays, rejections, and frozen accounts. Traders should be aware that some reviewers allege that withdrawal requests are only honored after extensive verification, and that profitable accounts face additional scrutiny.
Target Audience
Equiti markets itself as a global broker suitable for both retail and professional traders, with a focus on the MENA region. The availability of Islamic (Swap-Free) accounts and support for multiple languages suggests an international clientele. The high leverage and low minimum deposits make it accessible to traders with small capital, but the regulatory structure implies that the Seychelles entity primarily targets traders outside restrictive jurisdictions.
Given the mixed user feedback, Equiti may be best suited for traders who are willing to accept higher risk in exchange for personalized customer support and access to high leverage. However, traders prioritizing fund safety and reliable withdrawals should exercise caution.
Overview compiled by FXCanary from regulatory records and public data. full equiti review