The Equaledge trading platform is created and operated by Fluxlogy LLC, which is registered in St. Vincent and the Grenadines with its head office in Kingstown. However, the firm does not disclose any information about the date of its creation. As for the domain, it was not registered until August 2023. As per the security policy, all client funds are kept in a separate account. The company also claims that it cooperates with central banks HSBC, Barclays, and Deutsche Bank, but there is no proof of this. Finally, the services are not intended for residents of certain jurisdictions, such as Singapore, the USA, and Iran, where the use of the service is against local laws.
Should you trust your funds to this company? How reliable is the platform? We will examine the technical capabilities of the terminal and the legality of the broker’s activities, and then we will conclude whether trading here is safe for you.
Trading Conditions
Equaledge offers trading on its proprietary platform using PCs and mobile devices. You can work in the cloud-based web version or download the trading program to your smartphone. You will have access to instruments such as Forex, indices, stocks, commodities, and cryptocurrencies.
Equaledge has developed 5 types of accounts for traders with different levels of training and budgets. The speed of transaction processing does not depend on the type of account you choose. You can trade with a certain minimum deposit amount according to the following plans:
- BASIC, from $5,000 – Maximum number of lots 10, leverage 1:100.
- STANDARD, from $10,000 – Maximum number of lots 20, leverage 1:100.
- GOLD, from $25,000 – Maximum number of lots 40, leverage 1:200.
- PRO, from – $100,000 – Maximum number of lots 50, leverage 1:500.
- VIP, from $250,000 – Maximum number of lots 100, leverage 1:500.
The project offers fixed and variable spreads. You can have access to both types if you open an account of GOLD level or higher. Deposits are made with Visa and Mastercard credit cards or Bitcoins. Equaledge accepts customer funds in USD, EUR, and GBP. You can get additional rewards when you participate in the Affiliate Program.
You need to pass an identity verification within 15 days from the date of account opening, otherwise, your Equaledge account will be blocked. Withdrawals are possible after submitting a request, which will be processed within 15 business days. If there are any disputable issues, the client should first contact this brokerage company, which will investigate and give an answer within 60 days from the moment of receiving the complaint. Technical support works 24/5 with every trader and 24/7 with VIP clients.
FAQ
Would investing in Equaledge offer the best returns?
You can make a profit in exchange for a greater risk of losing all your money in CFD trading. However, the probability of making money is negligible on an unstable and unknown platform.
Does Equaledge carry out withdrawals?
According to customer reviews about the company, you may encounter problems with withdrawals. As a rule, traders speak about this service with negative connotation. If you have experience with this broker, you can share it in the comments.
May I be scammed on equaledge.co?
The risk of fraud on this site is high. This is evidenced by such signs as a cheap interface, fresh domain, and complaints from former clients about difficulties in returning funds. It is unlikely that you will be able to protect your rights in the offshore zone where this broker is regulated.
What's the best way to share my experience with Equaledge?
Fill out the form and we'll make sure your voice is heard.
How can I tell if equaledge.co is a fraudulent company?
Do your own research and never believe those who promise you easy money.
Sty away from this Scammers platform. You will never get your money back once invested. Don't get fooled. I hope that this co called senior manager piece of shit Jackson Vega i believe not his real name will get his Karma one day and can pray that i will not meet him somewhere. Hope he will get what's deserved one day.
Long terme scam...
They we're pushing me to deposit extra 2000 or 3000$ ( I started as a test with 250$Usd )
They we're telling me it's not enough to make profits.
I had many good trades on my own that were 1$ - 8$ profitable for a day or two duration.
To me it was not that bad , as a beginner in the world..
I wanted to test the withdrawal before investing another 500$.
As soon as I fill up the page for a withdrawal, received a call telling me it was not possible at the moment and I should wait 2-3days because they were trades already bought for tomorrow... I really thought is was sh!t but I waited , not like I had a choice here... They need to approve the withdrawal ?! WTF ?! Supposed to be MY money so I can withdraw anytime...
The next day , a trade did open but it god - 335$ in lees than 12hrs and after my shift of work I checked and my account was at 0 because the trade was going lower than all the money in my account....
The compagny invested in was : BNBUSD
Hope you guyz dont get scam..
I am happy with the service provided to me so far, the withdrawal procedure is 2 days I did already few withdrawals last few months.
The only think that I can suggest to them is to add more deposit methods for the UK .
From the moment account was opened I was pressured to add significantly more funds. I was told this was the only way to make serious returns.
As soon as I questioned why I couldn’t wire money out of my account I was told that there were pre-committed trades which I had to go ahead with. None of it made sense. Once they realised I was not going to wire any additional funds they ran my account to zero.
From every trade being profitable to suddenly a turn of events. Coincidently right at the point they realised that I would not be adding funds.
Total Scam!!!!
Avoid!!!!!
While their customer support team has shown some impatience, and a few members are a bit difficult to understand, a recent conversation with one of their staff members pleasantly surprised me, thanks to their helpful and courteous attitude! This positive change has made me consider transferring back a substantial amount, even though I've shifted many of my accounts to other platforms, keeping only a small balance here.
Unfortunately, I've experienced losses of several hundred pounds due to the impatience of some staff. It often felt like these tech-savvy individuals struggled with patience when dealing with less experienced users. So why am I providing this feedback now? Well, the recent interaction with their staff member left me with a genuinely positive impression.
While I am not a professional, I have noticed that not all your employees have acted in a professional manner. Their primary role should be to support me as a client, helping me thrive using this platform. It is puzzling that employees who don't treat customers with respect can't understand why clients might choose to leave.
There is much to appreciate about your platform, but I hope genuine changes have been implemented. I'll be closely monitoring this!!!
P.S: I have given a preemptive 5-star rating for the quality of the platform and its easy-to-use interface. Nevertheless, I sincerely hope there's room for improvement in their service for beginners.