European Financial Market review
European Financial Market review: regulation (Eufm has no regulatory), minimum deposit €3500, leverage up to 1:500, platforms and current bonuses.
Trading conditions
- Broker type
- ECN/STP/Micro/Crypto/Demo
- Minimum deposit
- €3500
- Maximum leverage
- 1:500
- Minimum spread
- 0.1 pips
- Platforms
- EUFM Webtrader
- Instruments
- Forex Currencies, Crypto, Commodities, Indices, Stocks
- Account currencies
- USD, EUR, GBP
Bonuses
- No deposit bonus
- No
- Welcome bonus
- This broker is providing 25% to 50% welcome bonus on different accounts. In the VIP account the amount of welcome bonus is variable/
- Other promotions
- No
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Visa, MasterCard, Maestro, SSL secure Connection, and WireTransfer
- Withdrawal methods
- Visa, MasterCard, Maestro, SSL secure Connection, and WireTransfer
Company
- Regulation
- Eufm has no regulatory
- Founded
- 2020
- Country
- Marshall Islands
- Address
- Trust Company Compex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH96960
- Publicly traded
- Yes
- Website languages
- English, German, Russian, Chinese, Dutch, French, Italian, Portuguese, and Spanish
- Phone
- +1265465189
- Email or Skype
- [email protected]
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About European Financial Market
European Financial Market or EUFM is an online trading broker that trades on Forex, Stocks, Commodities, and Cryptocurrencies. This broker is based on its own trading platform named EUFM webtrader. Because of being a webtrader, it does not requires any downloads. It can be operated by only using a browser.
This broker is providing four types of trading accounts to its clients. All these accounts have a static type of spread. All these accounts come with an Economic calendar. Clients or traders can trade from the EUFM webtrader as all these four accounts support this platform. All the live trading accounts by this broker are described:-
- The Basic Account:- This account starts with a €3500 minimum deposit. This account has maximum leverage is at 1:200. The minimal lot size in this account is 0.1 lot. This account is for beginners
- The Standard Account:- This account requires a €7000 minimum deposit. The maximum leverage in this account is 1:300. The minimal lot size in this account is 0.5 lot. This account gets access to the Masters Partial. This account comes with a 25% welcome bonus. This account is for advanced traders.
- The Pro Account:- This account starts with a €25,000 funding. This account has the maximum leverage at 1:400. This account comes with a personal manager. This account gets full access to the Masters. This account comes with a 50% welcome bonus. This account is actually for Professional traders.
- The VIP Account:- This account starts with a minimum deposit of €1,000,000. The account has the maximum leverage at 1:500. This account can also be operated from the MetaTrader4 platform. The minimal lot size is 1.5 lots which are 0.5 more than the Pro account.
This broker also provides Islamic accounts for the traders who want to trade in a halal way.
European Financial Market pros and cons
Pros
- Regulated by Eufm has no regulatory
- Raw spreads from 0.1 pips
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
- Trading platforms: EUFM Webtrader
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:500 magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
European Financial Market FAQ
Is European Financial Market a safe and regulated broker?
European Financial Market was founded in 2020 and is regulated by Eufm has no regulatory. Client funds are held in segregated accounts. Your protection depends on which European Financial Market entity opens your account.
What is the minimum deposit at European Financial Market?
The minimum deposit at European Financial Market is €3500. Payment providers may set their own minimum amount.
What is the maximum leverage at European Financial Market?
European Financial Market offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does European Financial Market offer a no deposit bonus?
No. European Financial Market does not currently offer a no deposit bonus. It offers a welcome promotion: This broker is providing 25% to 50% welcome bonus on different accounts. In the VIP account the amount of welcome bonus is variable/. See our forex no deposit bonus list for brokers that do.
Which trading platforms does European Financial Market offer?
European Financial Market supports EUFM Webtrader. Mobile trading is available.
Does European Financial Market allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does European Financial Market offer an Islamic (swap-free) account?
Yes. European Financial Market offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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European Financial Market at a glance
- RegulationEufm has no regulatory
- PlatformsEUFM Webtrader
- Account currenciesUSD, EUR, GBP
- LanguagesEnglish, German, Russian, Chinese, Dutch, French, Italian, Portuguese, and Spanish
- Phone+1265465189
- Email / Skype[email protected]
- FaxUnavailable
- Head officeTrust Company Compex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall…