eTrades800-Overview of Minimum Deposit, Leverage, Spreads

General Information

eTrades800 presents itself as an online financial service provider that provides its clients with a renowned professional platform, versatile leverage up to 1:200, narrow spreads on over 230 tradable assets, as well as a choice of three different account types and 24×5 customer support services.

Market Instruments

eTrades800 advertises that it offers more than 230 popular trading instruments in financial markets, including forex pairs, CFDs on stocks, commodities and indices.

Account Types

There are three live trading accounts offered by eTrades800, namely Basic, Gold and Platinum. The minimum initial deposit amount for opening a Micro account is said to be $/€/£ 5,000.

Leverage

eTrades800 claims to provide its clients with competitive and versatile leverage, ranging from 1:10 to 1:200. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Trading Platform Available

When it comes to trading platforms available,eTrades800 gives traders the worlds most widely-used MetaTrader4 platform, available on Desktop, the Web, Tablet and Mobile versions. MT4 offers a user-friendly interface and all kinds of customized functions. Traders can personalize their screens to show their favourite instruments, pick from candlestick, bar and line chart display options and add their chosen Expert Advisors. Traders can also take advantage of real-time streaming quotes, multiple innovative interactive charts, and cutting-edge technical indicators. With MT4 Mobile versions, trading can be done from anywhere and at any time through the right mobile terminals.

Deposit & Withdrawal

eTrades800 accepts deposits and withdrawals via e-wallet, credit cards (MasterCard, Visa, Diners club card), fast bank transfer and wire transfer. The minimum initial deposit amount is as high as $/€/£ 5,000. The broker says it will promptly wire transfer your funds directly to the account that was originally debited once approving your withdrawal request.

Customer Support

eTrades800‘s customer support can be reached by telephone: 442037699563, email: support@etrades800.com. However, this broker doesn’t disclose other more direct contact information like company address while most brokers offer.