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.
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.
When you register an account, you agree that the terminal may experience slippage and incorrect price quotes. The broker charges a fee of 85 euros per month for the inactivity of your account for 3 months.
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.