Introduction
EspritFX is a website that claims to be a leading social trading platform. The website was launched in 2020 and is operated by a company called Esprit Global Limited. The company is based in the Seychelles and is not regulated by any financial authority. The website offers a demo account, which is good for practice but doesn’t offer real trading. The website also has a blog that covers economic news and market analysis, as well as trading tips and strategies. We have seen complaints about EspritFX in the past, mostly concerning withdrawal issues. These seem to have been resolved, but we will continue to monitor the situation.
History of EspritFX
EspritFX is a relatively new entrant to the world of online forex brokers. The company was founded in 2013 by a team of experienced financial professionals who saw a need for a more modern, customer-centric approach to forex trading.
Since its inception, EspritFX has strived to provide its clients with the best possible trading experience. The company offers a comprehensive suite of trading tools and services, all of which are designed to help traders make informed decisions and trade with confidence.
EspritFX is headquartered in Singapore and is regulated by the Monetary Authority of Singapore. The company is also a member of the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC).
Pros and Cons of Trading with EspritFX
The Pros:
-Offers demo account to test out platform
-Low minimum deposit of $100
-Allows for scalping and hedging
-ECN/STP broker
-MetaTrader 4 platform
-24/5 customer support
The Cons:
-No U.S. clients accepted
-Limited education resources
-High spreads on some currency pairs
Traders Ratings for EspritFX
Here at EspritFX, we take our trader ratings seriously. We believe that by providing accurate and up-to-date information on the pros and cons of using our platform, traders can make informed decisions about whether or not to use our services.
To that end, we’ve compiled a list of trader ratings for EspritFX based on a variety of different criteria. Our goal is to provide you with as much information as possible so that you can make the best decision for your trading needs.
Here are just a few of the things you’ll find in our trader ratings:
The overall satisfaction rating for EspritFX among all traders who have used our platform.
The percentage of users who would recommend EspritFX to a friend or family member.
A breakdown of positive and negative feedback from real users of our platform.
A detailed look at the most commonly mentioned pros and cons of using EspritFX.com.
Conclusion
Thank you for taking the time to read our review of EspritFX.com. We hope that it has given you a better understanding of what this broker is all about and whether or not they are right for you. If you have any further questions, please don’t hesitate to reach out to us and we’ll be happy to help in any way we can.