ENTFOREX Information
ENTFOREX, registered in the United Kingdom, is an unliscensed brokerage company. This firm boasts of its wide selection of investment options and advanced trading platform. ENTFOREX provides a unique spin on investing with thematic portfolios. It offers tiered account types that suitable with your investment amount. This firm also claims to offer commission-free trading. But it doesn't specify the instruments or required condition. Furthermore, it lacks detailed information of each account type and other trading fees.
Pros and Cons
Is ENTFOREX Legit？
ENTFOREX currently does not hold any valid regulatory certificates. Although it is incorporated in China, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
What Can I Trade on ENTFOREX？
ENTFOREX gives you plenty of investment options to choose from. Depending on your preference, goals and risk tolerance you can invest in forex, cryptocurrencies, shares, metals, indices, and commodities. More investment choices are a good thing for promotiong diversification. The more diverse your portfolio is , the easier it is to manage risk.
ENTFOREX also offers its clients Smart Portfolios that are designed for investors who prefer a hands-off approach. This is where ENTFOREX really shines as a trading platform. Thematic investment strategies give you exposure to economic trends. The idea is that instead of having to pick and choose stocks yourself, you can pick a theme and invest in several different companies at once.
Trading Platform
MT5 (MetaTrader 5) is available with ENTFOREX. It is a diversified financial trading platform that allows trading foreign exchange, stocks, and futures. It provides excellent tools for various price analysis, use of algorithmic trading applications and copy trading.
Customer Support Options
For any question you might have, help is available by phone(+44 7476 468 811) or email (info@entforex.com). You can also dig into their social media channels (Facebook, Youtube, Twitter, etc) or hit a button on live chat support.
The Bottom Line
ENTFOREX sets itself apart from other online brokerages with its thematic Smart Portfolios. This firm also provides plenty of investment options with the popular MT5 platform. However, it lacks transparency on trading fees. And costs are always investor's priority. Furthermore, ENTFOREX is not regulated by a financial authority with strict standards. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.
FAQs
Is ENTFOREX safe？
ENTFOREX is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.
Is ENTFOREX good for beginners？
ENTFOREX provides a user-friendly platform for beginning investors. On the other hand, you may need a very high minimum balance to get started.
Does ENTFOREX offer leveraged trading？Yes, ENTFOREX provides leverage trading. But exact figures are not available at the moment.
Risk Warning
Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.
