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EFG Hermes Review



EFG Hermes is a leading online broker in Egypt, providing a wide range of financial services and products to individual and institutional investors. The company was founded in 1984 and is headquartered in Cairo. EFG Hermes Review will provide an overview of the company’s services, platforms, regulations, and traders’ ratings.

What is EFG Hermes?

EFG Hermes is an online broker that offers trading in forex, CFDs, and precious metals. The company is headquartered in Egypt and is regulated by the Egyptian Financial Supervisory Authority (FSA).

EFG Hermes offers three account types: Standard, Premium, and VIP. The Standard account requires a minimum deposit of $500 and gives access to leverage of up to 1:200. The Premium account requires a minimum deposit of $5,000 and gives access to leverage of up to 1:400. The VIP account requires a minimum deposit of $50,000 and gives access to leverage of up to 1:500. All accounts give access to 24/7 customer support and free educational resources.

The broker offers the MetaTrader 4 trading platform which is available as a desktop client, web-based client, and mobile app. The platform supports automated trading with Expert Advisors (EAs) and provides a wide range of technical indicators and charting tools. EFG Hermes also offers its own proprietary web-based platform, HFX Trading Station 2.0, which has similar features to MetaTrader 4 but is designed specifically for use with the broker’s HFX brokerage service.

EFGMETALS is an online precious metals trading platform offered by EFG Hermes that allows investors to trade gold, silver, platinum, palladium, and other precious metals against major currencies. The platform supports spot trading as well as futures contracts with maturities of up

EFG Hermes Review – The Pros

As a leading global provider of financial services, EFG Hermes has a lot to offer its clients. In this EFG Hermes review, we will take a look at some of the pros that make this firm one of the top choices for online trading.

First and foremost, EFG Hermes is a highly regulated broker. It is authorised and regulated by the Financial Conduct Authority (FCA) in the UK and is also registered with several other regulatory bodies around the world. This ensures that your funds are safe and secure with this broker.

In addition, EFG Hermes offers a variety of different trading platforms for its clients to choose from. Whether you are looking for a simple web-based platform or a more advanced trading solution, you will find what you need with EFG Hermes.

Last but not least, EFG Hermes also offers competitive spreads and transaction fees. This means that you can trade without having to worry about incurring high costs.

EFG Hermes Review – The Cons

1. EFG Hermes is a bit of a latecomer to the online trading world, and as such, their platform lacks some of the bells and whistles that more established brokers offer.

2. While they do have a few different account types, they don’t offer anything too unique or exciting in terms of features or benefits.

3. In terms of regulation, EFG Hermes is regulated by the Cyprus Securities and Exchange Commission (CySEC), but not by any other major financial regulator. This could be seen as a positive or negative depending on your perspective.

4. Some traders have complained about the quality of customer service offered by EFG Hermes.

Should You Trade with EFG Hermes?

There are many online brokerages vying for your business, so it’s important to do your research to find the best one for you. In this EFG Hermes review, we’ll take a detailed look at the company’s regulations, platforms, and traders ratings to help you decide if they’re the right brokerage for you.

First, let’s take a look at EFG Hermes’ regulation. The company is authorized and regulated by the Financial Services Authority (FSA) in the United Kingdom. This means that they must adhere to strict financial rules and regulations, which protects your investments.

Next, let’s take a look at their platforms. EFG Hermes offers both a web-based platform and a mobile trading app. Both platforms are user-friendly and offer a variety of features and tools to help you trade successfully.

Finally, let’s take a look at what other traders have to say about EFG Hermes. Overall, the company has good reviews from its clients. Traders praise the company’s customer service and its easy-to-use platform. However, some traders have complained about high fees charged by the company.

All in all, EFG Hermes is a reputable online brokerage that offers a great platform for investors of all levels of experience.


Overall, EFG Hermes is a reliable and trustworthy broker that offers a great experience for both beginner and experienced traders. The company is well regulated and offers a variety of platforms to suit your needs. In addition, the customer service is excellent and the traders rating is very high. If you are looking for a broker to trade with, we would definitely recommend EFG Hermes.

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