Etherichness

Etherichness is an online broker registered in the Marshall Islands, with a registration date of August 24, 2021. The company lists its official address at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands. Based on available records, Etherichness appears to be a relatively new entrant to the retail forex brokerage space.

Etherichness operates without a regulatory license from any major financial authority. Our records indicate no registered regulators on file. This lack of oversight means that traders have no recourse to an external ombudsman or compensation scheme in the event of disputes or broker failure. FXCanary's Scam Risk Score of 52/100 places the broker in the elevated risk category.

Etherichness offers five account tiers with high minimum deposit requirements. The entry-level Green Account requires a €5,000 deposit, while the top-tier Presidential Account demands €250,000. These thresholds suggest the broker targets high-net-worth individuals rather than retail traders with limited capital.

The broker claims to offer forex pairs, metals, indices, and commodity CFDs. Leverage is advertised at up to 1:100, and spreads from 0.5 pips. No information is available regarding commission structures or swap rates. The lack of independent verification makes it difficult to confirm these advertised conditions.

Etherichness provides a web-based trading platform, accessible through a standard browser. No details are given about the platform provider, advanced features, or mobile compatibility. This simplicity may appeal to traders who prefer not to install software, but it limits customisation and automation options.

Given the high minimum deposit requirements and the unregulated status, Etherichness appears aimed at experienced, high-capital traders who are willing to accept the risks of trading with an unlicensed offshore broker. The absence of lower-tier accounts suggests the broker is not positioning itself to serve novice or small-scale traders.