Equiity.com Review – Is The FSC Regulation Meaningless?


Generally, with offshore registrations, trading firms immediately raise suspicion over their activities. Why would you run away from world trading centers? Nevertheless, there’s one way to make sure traders can trust you. It’s to get a proper trading license.

When it comes to this brokerage, it seems they know about it. But did they do it as they should? Let’s find out together in this honest Equiity.com review.

Regulated By: FSC Mauritius
Is This Company Safe? No
Known Websites:
Have Warnings From: N/A
Registered In: Mauritius
Operating Since: 2022
Trading Platforms: WebTrader
Maximum Leverage: 1:200
Minimum Deposit: N/A
Deposit Bonus: Available
Trading Assets: Cryptos, forex, indices, shares, commodities
Free Demo Account: Not Available
How To  Withdraw From This Company? Even though the company has a license, numerous reviews are pointing to withdrawal issues. Therefore, don’t be quite sure about the company’s withdrawal process. In case you experience any irregularity, contact our chargeback specialists for advice.

Legal Info: Is Equiity.com Legit?

The company presents us with two entities. One of them is registered in Cyprus and it’s mentioned in the company’s T&Cs, even though it couldn’t be found in the CySEC register of regulated entities. 

In any case, the one that’s of interest today is MRL Investments (MU) Ltd. This company was incorporated in Mauritius in 2022 and indeed, holds a Financial Securities Commission (FSC) license. But does that mean your funds are protected anyhow? 

You can find answers in the Equiity.com reviews. Anyway, it appears most of the comments come from users registered in Switzerland, Austria, Germany, etc. Yet, the company is not authorized by any of those countries to provide services there. Fairly, brokers without top-tier licenses are often a bad choice. Therefore, we suggest you ones with FCA, BaFin, ASIC, or similar.

Who Are Equiity.com’s Clients?

Offering services in jurisdictions where you don’t have authorization is quite tricky. And if you check Equiity.com Trustpilot reviews, you will realize that traders without any fund protection measures mostly come from: 

  • Switzerland
  • United Arab Emirates
  • Colombia
  • Cyprus
  • Uruguay

To learn how to recognize incredibly risky offers, even though all offers include risk, simply check our G-linkPro and WOO X reviews. But if you already have issues, don’t waste any time and reach our refund experts right away.

Traders Reviews

To find out if Equiity.com is legit, you just have to check the complaints traders have. Out of 100 comments on Trustpilot, more than 50% are negative. Certainly, that shows you how meaningful their regulation is.

As can be seen, there are many reports of high-pressure sales tactics for deposits, platform manipulations, high commissions, and withdrawal issues. All these combined give a huge advantage to similar firms over traders. 

However, there’s a way to track down your money transferred to these fictive platforms. To get step-by-step assistance, contact our refund team.

Leverage, Commissions, Spreads, Fees and Taxes

One of the key signs not to trust the Equiity.com broker is its leverage of up to 1:200. Yet, in Europe, the maximum leverage allowed by ESMA is 1:30. But also, all local regulators like BaFin, FMA, and FINMA allow brokers to offer a maximum of 1:30. And yet, this broker wants to tell us traders registered there have positive experiences with them.

On top of that, commissions and fees are hidden. But to be fair, even transparent spreads are highly questionable. For instance, in the Basic account, you can expect 26 units (unspecified which ones) for EUR/USD. Whatever it is, sounds too high.

Bonuses

Another reason not to trust Equiity.com Forex company is its bonus offer. With the insanely high minimum trading requirement of 200 lots for every $1,000 bonus, you’ll have funds stuck forever.  That means you have to reach $200k from $2k in the account to withdraw the money.

Equiity.com Trading Features

As can be seen, the company doesn’t offer any advanced trading options, such as algo trading, copy trading, EAs, or anything similar. The only promoted benefit for traders is flexible order types and rich analytic tools provided by TradingView.

Trading Platforms Available

Even though they advertise effective trading solutions, many traders will tell you it’s far away from that. Usually, proprietary web-based platforms have zero reliability. Especially if you compare them to MetaTrader, DAS Trader Pro, or cTrader.  

Available Trading Assets

The only thing you won’t have trouble with is choosing the tradeable assets. With a wide range of options, you can certainly find something worth the money. However, the reliability of the market data is highly questionable considering the company’s reputation. 

Anyway, you can trade: 

  • Forex – EUR/GBP, AUD/NZD
  • CFDs – gold, NASDAQ, Netflix
  • Cryptos – TRX, DOT, ADA

Account Types

Opening an Equiity.com account brings another mystery to the table. There’s an unknown minimum deposit requirement for all accounts. Nevertheless, if you opt for a so-called better account, you won’t have many important benefits. 

All in all, the options are: 

  • Silver – No discounts on spreads and swaps
  • Gold – 25% discounts on spreads and swaps
  • Platinum – 50% discounts on spreads and swaps

Mobile Trading App

A huge disadvantage of this brokerage is that accessing your account on a mobile is possible only via browser. Imagine the disaster if you plan on using other third-party tools for trading. That’s why tier-1 licensed firms with their software choice are better options. Always.

Demo Account

Quite surprisingly, Equiity.com login credentials won’t give you access to a demo account. Therefore, testing out all the conditions and features becomes more risky. Especially with unclear deposit requirements.

Education

As can be seen from the account types, this broker offers webinars and video material for Gold and Platinum users. If you are a beginner, it seems you don’t deserve it. If this is a possible Equiity.com scam sign, you decide.

Equiity.com Withdrawal

Even though the company presents traders with transparent payment methods and no fees, they reported issues. That usually happens because the company doesn’t have strict regulatory oversight. 

Try trading with an FCA licensed firm and you will quickly realize the difference. On top of that, there is a highly speculative bonus deal you have to remember.

Customer Support

One of the rarely positive things about this broker is its customer support. With a wide range of phone numbers covering 15 countries, live chat, and e-mail options, you surely have a chance to get their help. But only between 11 AM and 8 PM GMT +3 on weekdays. Thus, based on some reviews, it appears that support is useless even in those hours.

Key Information To Consider About Equiity.com

Key information to remember about this firm is a lack of top-tier licenses. The proof of the meaning of those can be found in numerous negative reviews traders posted. 

Generally, at first glance of an issue, you should consult with experts about refund options. Don’t let it be too late. If you need a consultation right away, send us a message.

FAQ Section

What is Equiity.com?

Equiity.com is an offshore broker registered in Mauritius that has been operating worldwide since 2022.

Is Equiity.com Legit?

Based on their FSC license you might think so. Yet, 50% of negative reviews about them point otherwise. It’s your call if you will trust them or not.

How to Withdraw Profits From My Equiity Account?

You can request a withdrawal via card or a wide range of e-payment options. But if you experience any potential issues, reach us for assistance.





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