- Equiity is a CFD trading platform that cuts across different markets.
- With simplified onboarding, robust security, and educational materials, the platform is looking to gain market share.
Equiity is one of the hundreds of digital trading platforms today that offers products at the intersection of every market. From commodities to Equiity to cryptocurrencies and Foreign Exchange, Equiity is designed as a hub for a wide category of traders.
This review explores the features of the platform, why it stands out, and a brief insight into how users can get started with trading on it.
Equiity: Platform Description and Features
Equiity has a homepage that speaks simplicity as shown above. A scroll down the platform’s landing page depicts the platform’s tenets which are embodied in its products and services. Equiity offers Commodity Trading, Forex Trading, Indices Trading, Stock Market Trading, Metals Trading, and Cryptocurrency trading.
The platform has a comprehensive algorithm that facilitates the trading of these as Contract for Difference (CFD) products.
A CFD is a legally binding agreement that creates, defines, and governs mutual rights and obligations between two parties, typically described as “buyer” and “seller,” stipulating that the buyer will pay to the seller the difference between the current value of an asset and its value at contract time.
With the extension of its offering to different markets, Equiity is making its emergence as one of the most diverse CFD trading platforms in today’s digital economy. Here are some of the top features of Equiity;
- Flexibility: Equiity is designed as a trading platform that can serve users trading on their mobile applications and on the Web. With a well-designed platform that is optimized for different environments, users tend to experience a quality trading interface, however, and whenever they choose to trade.
- Data Transparency: Equiity prides itself as a CFD trading platform that takes data transparency as a very serious matter. The platform has policies that help it handle clients’ data and all transactions with a high level of transparency. The platform puts out everything about its trading fees beforehand. No hidden charges or fees on earnings.
- Security: The hallmark of any trading platform is the security of users’ data and assets. Fundamentally, Equiity as a CFD platform does not keep custody of cash and as such, reduces the susceptibility of the platform to hackers. Nonetheless, Equiity enables secure payments, and the best encryption for financial operations, achieved through firewalls, SSL software, and servers in SAS 70-certified data centers.
- Educational Support: Trading volatile financial instruments can be liberating but very risky. Especially for new traders, navigating the CFD ecosystem can be very tricky and filled with a lot of losses if care is not taken. In a bid to help its users, Equiity publishes a lot of educational materials that cover both the basics and the technical details of trading. These resources are helpful to both the new traders and the experienced ones.
- Responsive Customer Service: Trading is a fast-paced venture and users may get lost in it. With complicated algorithms, the possibility of payment settlements, and the likes, users need reliable customer service. Equiity as a trading platform provides this. The platform’s customer service operates 24/7 and is quite responsive. Reaching the Equiity customer service team can be done through emails, phone numbers, and live chat.
How to Get Started
Getting started on Equiity will require users to open an account. Equiity operates a number of accounts including Trading, Silver, Gold, Platinum, and an Islamic account for users. To open an account, users will need to navigate to the “Open account” button on the top right corner of the home page.
The interface is as shown below;
The registration process is a simple one but requires a lot of detail. As can be seen at the top of the registration homepage, there are different columns that users are billed to fill. The information that will be needed may include house address, identity documents, and other key biometric data.
As has been said, these data are safe, however, users may need to confirm if the offering is available in their jurisdiction. Once registered, a guide on how to fund accounts and place trades can be consulted moving forward.
Benefits of using Equiity
The Equiity platform is designed to be faster and more simplified than its peers. This simplicity is one of the most visible benefits of the platform. According to a list of the advantages listed, Equiity users will gain access to;
- Trading terminals with robust functionality
- Solid spreads
- Unique leverage opportunities
- A diverse range of CFD assets, and;
- Customized trading accounts
As a way to help users gain maximum accessibility to its platform, Equiity also supports a diverse range of payment methods. These payment methods include Mastercard, Skrill, Neteller, Visa, and Maestro amongst others.
Based on differences in regulations around the world, Equiity has a list of disclaimers that users need to adhere to. These are visibly spelled out upon registration and users are encouraged to read through them.
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