Earnex Online Broker Review

Established in 2006, Earnex is an online broker that offers a range of products to trade, including futures, options, bonds, equities, indices and more. With head offices in Hong Kong, Earnex complies with international jurisdictions’ regulatory principles, including FCA (UK).

Across Earnex, clients can access over 300 multiple trading instruments in various assets from Futures and Options markets and CFDs and Forex instruments in traditional markets such as forex, oil, metals, bonds and others.

Most prominent traders can share their successful trading strategies through the unique platforms Earnex Exchange.

Earnex Exchange aims to bridge the gap between professional traders with in-depth knowledge and experience and beginner traders and investor. It has an easy to navigate interface and multi-asset coverage.

At Earnex Exchange, professional traders earn each time someone copies their trading strategy, while investors and traders with lesser experience can take advantage by using these strategies to reduce the risks of capital loss that could occur due to the lack of knowledge.

EARNEX PRODUCTS

There’s a broad array of asset classes available at Earnex. They are spread between traditional markets and the markets of Futures and Options.

Traders and investors can select multiple instruments in Futures and Options, including forex futures, metals futures, commodities futures, equities futures and options futures.

This Earnex review found that they provide instruments in the so-called “Contract for difference” (CFDs) format. They are spread around seven asset classes – forex, metals, oils, bonds, equities, indices and cryptocurrencies.

EARNEX TRADING PLATFORMS AND TOOLS

Earnex provides two platforms for their retail and institutional clients with a variety of trading tools.

The top-tier MetaTrader 5 platform is available for retail clients, regardless of their level of experience. It can be accessed via the WebTrader, as well as via desktop and mobile.

All versions are available for download at earnex.org. MetaTrader 5 is the most sophisticated industry-standard platform currently. It comes with an extensive range of helpful options, including different execution modes, analytic tools and many more.

Institutional traders can make the most of their trading experience with the tailor-made Earnex Swift Platform.

Developed to answer their individual requirements, the platform will help them manage their whole trading process no matter the time and place. Earnex Swift Platform provides in-depth market analysis and a large selection of a range of technical indicators.

GET STARTED – EARNEX ACCOUNTS

Earnex offers five different accounts. They are constructed by various assets classes and provide different spreads starting from 0.0 pips. The accounts also differ by initial deposit level.

Earnex Micro is the account type that best suits the requirements of novice traders. It has an initial deposit starting from $100 (that amount could also be in GBP or EUR). Comprehensive educational materials and high-quality EAs are included too.

Earnex Elite and Earnex Swift avail more experienced traders. The initial deposit level is 2,000, and it could be placed in US Dollars, British pound or Euro.

They incorporate a number of assets and various trading tools and indicators to maximise the traders’ experience.

Professional and institutional traders can open an Earnex Swift Pro account with a minimum deposit level of $50,000. The account is developed to best suit their requirements.

Additionally, they can benefit from the Earnex MAAM account and manage several clients’ account simultaneously.

To support their potential clients’ journey, Earnex offers them the opportunity to take a test drive through their demo account.

Novice traders with limited experience in the financial markets can also benefit from this option, as it allows them to try their trading strategies without the risk of capital loss.

Additionally, by exploring the demo account, they can get a genuine sense of what Earnex could offer them.

FUNDING METHODS

This review found the starting with Earnex is a straightforward process that begins with completing and submitting several documents that verify their identification.

Once that process is finished, the qualified clients can continue by placing their deposit according to the selected account and currency.

There is a large number of funding methods provided by Earnex. That includes traditional payment options such as Visa, MasterCard and online-based platforms like Skrill, Neteller and QUWI.

Additionally, withdrawals can be performed on the same day or the next working day within trading hours, provided all KYC requirements have been fulfilled.

The complete list of the funding methods as well as the withdrawal conditions can be reviewed on earnex.org

ADDITIONAL FEATURES

Earnex strives to provide a comprehensive service to their traders and investors, ensured by the wide range of additional features. These include a variety of educational resources for traders of all levels of experience. They range from trading courses through webinars and seminars to updated market news and analysis.

The interactive Traders Dashboard enhances the traders’ experience with its broad number of calculators (Live Price Charts, Fibonacci Calculator, Deal Size Calculator, US Interest Rate, Correlation Calculator).
Additionally, clients can benefit from a range of charts and charts indicators, high-quality trading signals and reliable EAs.

CUSTOMER SERVICE

Traders and investors sometimes require assistance from their broker. Whether it is an issue with the technology, difficulties with placing a deposit or some other problem, they need to be able to communicate. This review showed that clients could contact Earnex customer service 24 hours, five days a week. They can speak to a professionalist trained to answer all their relevant enquiries. The questions can be placed via email, online chat or by phone.