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EuroFinance Fees and Spreads

Euro-Finance Fees and Spreads

 

Euro-Finance Charges no commission fees with floating spreads that are charged depending on what assets are traded and when it is traded. Euro-Finance doesn’t charge any account fees, while deposits and withdrawals are also free of charge.

 

EuroFinance at a Glance

 

📅 Year Founded1993
📍 Head Office
Bulgaria
⚖️ Financial Regulatory Bodies
FSC
📈 Managed accounts
Yes
📊 Institutional accounts
Yes
☪️ Islamic AccountNo
💰 Minimum Deposit
$ 100 / R1 548
👍 Demo Trading Account available
Yes
🌐 Countries not accepted for tradeUnited States
💰 Withdrawal options
Debit/ Credit card and bank wire transfer
📒 Deposit optionsDebit/ Credit card and bank wire transfer
💻Platform(s) providedEF MetaTrader 5, EFOCS and TWS
🖥️ OS compatibility
Mac, Windows, Linux, Web, Mobile Android, iPhone, iPad.
📈 Tradable assets
Offers over 300 assets comprising of the following: Forex, Commodities, Indices, Precious Metals, and Energy.
📓 Languages supported on the websiteEnglish and Bulgarian
📓  Customer support languagesEnglish and Bulgarian
☎️ Customer service hours24 hours a day, six days a week.
Maximum Leverage1:500
👉 Open a account👉 Click Here

 

Overall Rating

4.7/5

Rated #239 of
Recommended FX Brokers

💰Minimum Deposit

USD 0

🌐 Regulators

ESMA

📱 Trading Desk

No Trading Desk

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

EuroFinance Fees and spreads – 8 key points quick overview:

 

 

Euro-Finance Charges no commission fees with floating spreads that are charged depending on what assets are traded and when it is traded.

 

Euro-Finance doesn’t charge any account fees, while deposits and withdrawals are also free of charge. Euro-Finance also charges an inactive fee of $6.10 per month.

 

Finding a reputable list of Euro-Finance Fees and Spreads local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

 

Below is an in-depth Fees and Spreads review regarding this regulated Forex Company, which will assist traders and allow traders to invest in their currency.

 

EuroFinance Fees and Spreads

 

EuroFinance Fees and Spreads

Euro-Finance spreads are floating depending on what assets are traded and when it is traded.

 

📍The spread list and fee schedule which is offered by Euro-Finance are transparent as well as competitive. Fees, spreads, and commissions that traders can expect when trading with Euro-Finance are as follows:

 

➡️  Spreads:

Euro-Finance charges floating spreads which are subject to market trends and what assets are traded.

 

➡️  Commissions:

There are no commissions charged by Euro-Finance.

 

➡️  Deposit and withdrawal fees:

There are no withdrawal or deposit fees for clients with Euro-Finance but your financial institutions might have fees.

 

➡️  Inactivity fees:

There are no inactivity fees charged.

 

EuroFinance Additional Trading Fees

 

EuroFinance Additional Trading Fees

When trading financial instruments such as forex, traders can often expect that overnight, or swap fees will be charged when positions are held for longer than a trading day.

 

According to Euro-Finance, short positions which are held overnight will be credited with swaps. These are calculated based on the one-month interbank rate minus 2%.

 

Should long positions be held overnight, traders will be debited with swaps. This is calculated according to the one-month interbank rate plus 2%.

 

For more information on the swaps that traders can expect, traders can consult the Euro-Finance website. The broker makes adequate provision, where forex is concerned, to supply a breakdown of each forex pair and the swap long and swap short rates in pips.

 

Euro-Finance does not make provision for an Islamic Account for Muslim traders who follow the Sharia Law and are thus prohibited from earning or paying interest where the holding of open positions is concerned.

 

Euro-Finance also does not offer spread betting and thus spread betting fees do not apply.

 

Overall Rating

4.7/5

Rated #239 of
Recommended FX Brokers

💰Minimum Deposit

USD 0

🌐 Regulators

ESMA

📱 Trading Desk

No Trading Desk

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

EuroFinance Broker Fees

 

EuroFinance Broker Fees

📍 Euro-Finance does not charge for both deposit fees and withdrawal fees on the following payment methods used:

Deposits

💳 Credit/Debit Cards

💳 Bank wire transfer

Withdrawals

💳 Credit/ Debit Cards

Bank wire transfer

 

Traders also need to ensure that they verify additional charges which may be waived by their financial institution. In addition, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.

 

EuroFinance Pro and Cons

 

✔️ PROS❌ Cons
Well regulatedDoes not offer an Islamic account or swap-free for Muslim traders.
Popular trading platformsNo bonus offered to clients
Wide range of tradable assets
Competitive trading conditions
Islamic Account/Swap-free provided for Muslim traders

 

Conclusion

 

Overall, Euro-Finance Charges no commission fees with floating spreads that are charged depending on what assets are traded and when it is traded. Euro-Finance doesn’t charge any account fees, while deposits and withdrawals are also free of charge.

 

You might also like: Euro Finance Review

You might also like: Euro-Finance Minimum Deposit

You might also like: Euro-Finance Demo Account

You might also like: Euro-Finance Sign-up Bonus

You might also like: Euro-Finance Account types

 

Frequently Asked Questions

How many instruments can I trade with Euro-Finance?

You can trade the following financial instruments:

Euro-Finance offers over 300 assets comprising the following: Forex, Commodities, Indices, Precious Metals, and Energy.

 

Which platforms are supported by Euro-Finance?

  • EF MetaTrader 5
  • EFOCS
  • TWS

Does Euro-Finance offer leverage?

Yes, a maximum of 1:500

 

What spreads can I expect with Euro-Finance?

Floating spreads

 

Does Euro-Finance charge a commission?

No, Euro-Finance does not charge a commission.

 

Is Euro-Finance regulated?

Yes, Euro-Finance is regulated by the FSC

 

Is Euro-Finance a recommended forex trading broker for experts and beginners?

No, Euro-Finance caters mostly to expert and skilled traders.

 

What is the overall rating out of 10 for Euro-Finance?

8/10

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

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