EQUITY TS Account Types & How to Open

EQUITY TS, operated by EQUITY TS PTY LTD, is an Australian-registered broker that launched in mid-2025. It holds an Australian Financial Services (AFS) licence from ASIC, bearing the number 477891. Our review of its account offerings reveals a tiered system designed to cater to a wide spectrum of traders, from beginners with just €100 to high-net-worth individuals willing to deposit half a million euros. However, the disclosed details raise important questions—particularly around commissions, leverage, and the absence of spread information—that every potential client should examine carefully.

EQUITY TS divides its accounts into seven distinct tiers: Standard, Standard plus +, Silver, Gold, Premium Elite, Platinum, and VIP. The entry point, the Standard account, requires a minimum deposit of just €100, making it accessible to retail traders. However, stepping up quickly escalates: Standard plus + demands €5,000, Silver €20,000, Gold €50,000, Premium Elite €100,000, Platinum €250,000, and the VIP tier an eye-watering €500,000.

Such steep deposit thresholds at the upper end are clearly targeted at professional or institutional clients rather than everyday retail traders. The €100 Standard tier is competitive with many retail brokers, but the jump to €5,000 for the next tier is unusually sharp. This segmentation suggests the broker may be aiming to attract high rollers while still offering a token entry-level product.

Minimum deposit requirements often reflect a broker’s target clientele and risk appetite. EQUITY TS’s €100 Standard account is in line with industry norms for retail access. But the lack of intermediate steps—such as a €500 or €1,000 tier—forces traders into a €5,000 bracket for any upgrade. This immediately filters out casual traders and those unwilling to commit significant capital.

For the upper tiers, the required deposits are extreme. A €500,000 VIP account is far beyond what almost any retail trader could justify. It invites comparison with private banking services rather than standard forex brokerage. Traders must question whether the services and trading conditions at those levels justify such a capital lock-up, especially given the limited transparency on spreads and the high percentage-based commissions.

Leverage is only disclosed for four of the seven account types. The Standard and Standard plus + accounts are capped at 1:10, Silver at 1:20, and Gold at 1:50. No leverage information is provided for Premium Elite, Platinum, or VIP accounts.

Under ASIC’s product intervention order, retail clients in Australia are limited to a maximum of 1:30 leverage for major currency pairs. The fact that Gold offers 1:50 suggests it may be intended for wholesale or professional clients, but this is not explicitly stated. The 1:10 cap on standard accounts is quite conservative, offering decent risk management but possibly frustrating to traders seeking higher exposure. The lack of disclosure for the top three tiers is a significant gap—potential high-stakes clients are left in the dark about the leverage they could deploy.

One of the most striking features of EQUITY TS’s accounts is the commission structure. Across the tiers, commissions are listed as a percentage: 9% for Standard, 8% for Standard plus +, 7% for Silver, 6% for Gold, 5% for Platinum and Premium Elite, and no percentage given for VIP.

It is completely unclear what these percentages apply to. In most legitimate forex brokerages, commissions are either a flat fee per lot or a percentage of the spread. A 5–9% commission on the notional value of a trade would be astronomically expensive and would make the broker entirely uncompetitive.

If it’s a percentage of some other base—like profit share or account equity—this is not explained anywhere in the available data. The absence of any spread information compounds the opacity. Without knowing the spread and precisely how the commission is calculated, a trader cannot estimate true trading costs.

This lack of clarity alone is a major red flag and should prompt any serious trader to seek explicit, written clarification from the broker before depositing.

The account tiers offer varying degrees of instrument access. The Standard and Standard plus + accounts give access to currency pairs and cryptocurrencies only. Silver and Gold add commodities and raw materials as well as company stocks. The top three tiers (Premium Elite, Platinum, VIP) include currency pairs, cryptocurrencies, commodities, raw materials, and company stocks—but the VIP tier excludes company stocks, which seems inconsistent.

Overall, the product range is limited to standard CFD categories. There is no mention of indices, bonds, ETFs, or exotic instruments. For a broker that positions itself as a serious player, the offering is basic. Also, no information is provided about the number of currency pairs, crypto offerings, or stock CFDs available. This lack of detail makes it hard to compare with competitors.

The broker’s marketing and website likely mention MetaTrader 4 or 5, but no data in our review explicitly confirms which platforms are supported. Given that most brokers serve the Australian market with MT4/MT5, it’s plausible, but we cannot state it with certainty. The absence of disclosed platform information is another gap.

Similarly, whether a demo account is offered remains unverified. Most brokers provide a risk-free practice environment, but EQUITY TS has not disclosed one in its published materials. Without a demo, new traders cannot test the broker’s execution, spreads, or platform performance before committing real money. Given the high minimums on upgraded accounts, the lack of a demo is a serious shortcoming.

Real user reviews paint a mixed picture of the account opening and KYC process. Some traders praised the support team for guiding them through buying an account, suggesting that the process can be smooth when assisted. However, others reported persistent email spam even after deactivating accounts and unsubscribing, hinting at aggressive marketing and poor data handling.

The company’s registered address at 1 Collins St in Melbourne is a prestigious location, but the startling figure of zero employees in our database raises concerns. A zero-employee count at a supposedly functioning brokerage is unusual and could indicate a dormant structure or reliance on outsourced operations. Traders should be cautious and verify the broker’s claims independently, especially when submitting sensitive KYC documents.

Equally concerning is the complete absence of information on deposit and withdrawal methods. The structured data we reviewed lists no options—no bank transfer, credit card, e-wallets, or crypto deposit capabilities. This is highly atypical for a functioning retail broker, as funding ease is a primary consideration for traders.

Base currency options are not disclosed either, which is relevant for clients depositing in a currency other than euros. Without this information, traders risk unexpected conversion fees or delays in moving money in and out of their accounts. Combined with the withdrawal-related complaints seen in user reviews—where clients allege denied payouts and profit confiscation—this is a serious red flag that demands absolute clarity before opening an account.

EQUITY TS’s account structure seems designed to lure high-stakes traders with the promise of exclusivity, but the missing pieces—leverage on top tiers, spread data, commission basis, platform details, and demo availability—create an incomplete picture. The percentage-based commissions, without any explanation of their application, are particularly troubling and could lead to unexpected costs.

While the ASIC licence (477891) provides a baseline regulatory anchor, the overall lack of disclosure and the very high minimum deposits on most accounts demand a high degree of caution. We recommend that traders obtain written confirmation from the broker on all cost parameters and test the platform extensively via a demo (if available) before committing any significant capital. In a market filled with transparent and competitively priced alternatives, EQUITY TS must do much more to earn trust.