Broker Details
Minimum Trade Size: | 0.01 |
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Maximum Leverage: | 1000:1 |
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Minimum to Open Live: | $250 |
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Established: | 2014 |
Address: | Suite 305, Griffith Corporate Center, Beachmont , Kingstown, VC0100 P.O. Box 1510 , Suite 305, Griffith Corporate Center, Beachmont , , Saint Vincent And Grenadines |
Contact: | support@esplanade-ms.com, +357 25 654-100 |
Regional offices: | |
Regulators: | SVGFSA #22514 IBC 2015 |
Prohibited countries: |
Trading platforms: | MT4 |
Mobile Trading: | Yes |
ECN: | Yes |
Currencies: | (35+) |
Cryptocurrencies: | |
CFD: | (125+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities |
EAs/Robots: | Yes |
News Spike Trading: | Yes |
Scalping: | Yes |
Deposit Methods: | VISA, MasterCard, AdvCash, Beeline, FasaPay, iPay, Megafon, Mir, MTS, Neteller, PerfectMoney, Qiwi, RBK Money, Skrill, SorexPay, Svyaznoy, TELE2 |
Withdrawal Methods: | VISA, MasterCard, AdvCash, Beeline, FasaPay, iPay, Megafon, Mir, MTS, Neteller, PerfectMoney, Qiwi, RBK Money, Skrill, SorexPay |
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Traders Reviews
The broker fits my trading goals perfectly well.
Service use: Live
Length of use: 3-6 Months
I've tried doing withdrawals twice and both times the funds arrived within just one business day (Skrill) which I'm completely satisfied with.
Good trading conditions and low spreads
Service use: Live
Length of use: 6-12 Months
Broker is suitable for daytrading and mid-term trading
Service use: Live
Length of use: over 1 Year
INVESTING
Inverstors will find the variety of available trading assets to be benefitial in my opinion. There are some rather rare stocks in the list, which is a huge plus. Given you plan to trade with ECN account, commissions won't be that big.
ACTIVE TRADING
Spreads are rather good on all account types apart from the Fixed account, where they start with 3 pips or something like that. With other accounts spreads are tiny, but there is a commission per volume that you trade.
Myself I use ECN account. Tarding feed coud be lower IMHO, yet, reliable withdrawals and good executions keep me with the broker.
Everything is also loyal
Service use: Live
Length of use: 3-6 Months
As for the conditions, everything is also loyal, especially for analytical tools.
I can work here quietly
Service use: Live
Length of use: 0-3 Months
It is immediately warned that the market is difficult, but for you to cope with a wide variety of instruments, including here you can choose between fixed and variable spreads, with variable spreads may even be zero.
So try and choose the one that suits you best.
Comfortable conditions for trading
Service use: Live
Length of use: 6-12 Months
Here you can practice not only in a real terminal, but also on a demo. Hedging is allowed here, while the hedged margin itself is 0%. In addition, I like the fact that withdrawal of funds here is carried out quickly enough, even on the eve of the holidays, you are always confident that the commissions will not be overstated, and the money will arrive at the card on time.
Perfect for both experienced and inexperienced traders
Service use: Live
Length of use: 6-12 Months
When I started trading with Esplanade MS, I had minimal experience, which mean before that - I traded on a demo and finished training on Forex forum (I won't advertise it :) ).
And I was certainly very worried that I wouldn't be able to trade normally, and I'll stop trading at all.
But to my surprise, my trading start was much better than I had imagined. Of course, I had losses, but it's part of the training, there's nothing unusual about it. And I survived it so easily thanks to Esplanade MS.
Positive experience
Service use: Live
Length of use: 0-3 Months
But if you think about it, it isn't as important as the reliability and integrity of the broker. And with this my brokerage has no problems, which, as far as I'm concerned, covers those small disadvantages that I found during my trading time with it.
In general, I've been trading with this broker for only 3 months and if I had to describe my trading experience, I would describe it in one word - positive :)
Normal forex broker
Length of use: 3-6 Months
But it turned out that finding something like this is quite difficult. And while I found Esplanade MS, I registered with several other companies, but I was very quickly disappointed in it. And here I liked it, because there is a classic trading terminal, which contains all the underlying assets and all the standard indicators, in addition, here you can customize the chart as you like. And this is really good news.
But most of all I liked the fact that here you can use different payment systems, which means that depending on the amount, I can choose any of them and save significantly on commissions when depositing or withdrawing funds.
Frequently Asked Questions
Is Esplanade-MS a good broker?
Unbiased traders reviews on ForexPeaceArmy is the best way to answer if Esplanade-MS is a good broker. https://www.forexpeacearmy.com/forex-reviews/13584/esplanade-ms-forex-brokers.
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
Additionally, we'd recommend to check recent Esplanade-MS community discussions: https://www.forexpeacearmy.com/community/tags/esplanade-ms.
Is Esplanade-MS regulated?
Esplanade-MS (Esplanade Market Solutions Ltd.) is regulated by Financial Service Authority of St. Vincent and the Grenadines.
However the Financial Service Authority of St. Vincent and the Grenadines doesn't regulate forex services.
What is the minimum deposit for Esplanade-MS?
The minimum deposit to open an account in Esplanade-MS varies depending on the account type.
- Fix account is $250
- Standard account is $250
- ECN account is $250
- VIP account is $20,000
Does Esplanade-MS accept US residents?
Esplanade-MS does not provide service to US residents meanwhile CFDs are not available to UK customers.
Service use: Live
Length of use: 6-12 Months