eTrader

eTrader is a forex and CFD brokerage brand based in Cyprus, operating under the licensed entity Goldenburg Group Ltd, which is authorized by the Cyprus Securities and Exchange Commission (CySEC). The broker provides access to various financial instruments—including forex pairs, indices, stock CFDs, commodities, precious metals, and even bond CFDs. Traders can use multiple platforms: the robust MetaTrader 4 (MT4), the advanced MetaTrader 5 (MT5), and the proprietary xStation, which offers intuitive charting, one-click trading, and customizable interfaces. A Webtrader version is also available for seamless browser-based access. Account types include Personal and Company accounts, both of which require a minimum deposit of approximately USD 100 to USD 250 depending on the provider and type. Leverage typically starts at 1:30 for retail clients, with experienced traders potentially qualifying for higher levels (up to 1:100 or beyond). Spreads are generally on the wider side (often from around 3 pips), though commission-free structures are commonly offered. eTrader emphasizes regulatory compliance and client fund protection, including segregated accounts and mechanisms aligned with MiFID II protocols. However, the spread structure may not be optimal for high-frequency or scalping traders seeking tight pricing.