In this Equithy review, readers will be introduced to the many services offered by this online brokerage firm. Equithy positions itself as an online broker offering a package of services to meet the demands of traders. The firm’s services encompass Account Types, a Debit Card, a VIP Program, Banking on Blockchain, a Referral Program, 24/5 Customer Support, a Trading Platform, a Security System, and more.
Equithy’s Account Types provide users with flexibility, while the inclusion of a Debit Card adds convenience to financial transactions. The VIP Program offers additional perks for high-volume traders, and the innovative Banking on Blockchain service reflects the company’s commitment to technological advancements. The Referral Program incentivises clients to expand the broker’s user base.
The availability of 24/5 Customer Support emphasises Equithy’s commitment to client assistance. The Trading Platform showcases the tools available for executing trades, and the Security System underscores the importance placed on safeguarding user information.
This article delves into the various services offered by the brokerage firm, providing readers with detailed insights into what they entail.
Equithy Review: Advantages of the firm
Account Types
In this Equithy review, this section explores the diverse range of account types offered by the firm, catering to varying trading preferences. Equithy provides five account options, ranging from Basic with a $200 minimum deposit to the VIP account, requiring a $250,000 deposit. Each account comes with different leverage options, reflecting the firm’s commitment to accommodating traders of various experience levels.
The Basic account offers flexible leverage up to 1:30, while the Silver account extends this to 1:100. Gold account holders benefit from leverage up to 1:300, and Platinum account users can access leverage up to 1:400. This tiered approach allows traders to select an account that aligns with their risk tolerance and trading strategy.
It is worth mentioning that the brokerage account can be opened in either EUR, USD, or GBP; however, after registration, the currency cannot be changed.
Debit Card
This part of the Equithy review sheds light on the firm’s Debit Card service, providing users with a convenient means of accessing the value of their cryptocurrency holdings. Individuals can seamlessly convert their digital assets into U.S. Dollars, facilitating everyday transactions at participating retail establishments. To acquire the Equithy Debit Card, users need to navigate to the website’s dedicated debit card section, where they can easily place an order. The physical card is then promptly dispatched to the recipient’s address within a few days.
It’s essential to note that obtaining the Equithy Debit Card requires a classic account, ensuring that users meet the necessary minimum requirements. This service offers a practical solution for individuals looking to utilise their cryptocurrency assets in the traditional financial landscape, enhancing the accessibility and usability of digital currencies in daily life.
VIP Program
Equithy’s VIP Program introduces three distinct account types tailored for high-volume traders, each designed to accommodate diverse financial portfolios. The Exclusive Club caters to individuals with a minimum deposit requirement ranging from $250,000 to $500,000. For those with more extensive financial portfolios, the Wealthy Lifestyle account, requiring a minimum deposit of $500,000 to $1,000,000, offers enhanced benefits. The Ultimate VIP account, accessible by invitation only, requires a minimum deposit exceeding $1,000,000.
This tiered structure allows traders to align their account choices with their financial goals and trading preferences. By providing options that correlate with varying deposit amounts, Equithy’s VIP Program aims to offer a customised experience for traders seeking elevated privileges and exclusive perks. Traders can select the account that aligns with their lifestyle, ensuring a tailored and beneficial long-term partnership with the brokerage.
Banking on Blockchain
In this Equithy review, this segment explores the innovative service known as “Banking on Blockchain,” showcasing the brokerage’s embrace of cutting-edge technology in the financial sector. The firm recognises the accelerating shift toward digitization and the transformative potential of blockchain technology in revolutionising transaction processes. Blockchain offers faster, more efficient, and more inclusive payment solutions, reshaping the landscape of banking practices.
For clients eager to leverage these advancements and establish a long-term advantage in their banking practices, Equithy provides the opportunity to obtain a private wallet for Deposits. To initiate this process, clients can reach out to the support team at [email protected]. The support team is available to guide users through the setup of their private wallets, enabling them to seamlessly integrate blockchain technology into their deposit processes. This forward-thinking approach positions Equithy at the forefront of financial innovation, offering clients the benefits of blockchain in their banking experiences.
Referral Program
This portion of the Equithy review delves into the Referral Program, a feature that introduces a unique way for clients to benefit by referring friends to the brokerage. Through a personalised referral link, clients can share the platform with friends, unlocking cash rewards for both the referrer and the referred party. The commission, a percentage of each cash deposit made by the friend, is swiftly deposited into the referrer’s trading account at Equithy.
As an Equithy client participating in the Referral Program, one can earn a 10% commission on each cash deposit made by the referred friend, up to maximum total earnings of $25,000 per friend. Simultaneously, the referred friend receives a 5% reward on all deposits made after using the referral link, fostering a mutually beneficial arrangement. The minimum referral amount is set at $1000, and clients must be logged in to access and share their unique referral link, ensuring a seamless referral experience for all participants.
24/5 Customer Support
In this Equithy review, this segment sheds light on the 24/5 Customer Support offered by the brokerage, emphasising its commitment to assisting clients during their trading journey. Clients can contact the support staff via email at [email protected] for general inquiries and legal matters at [email protected]. Additionally, a dedicated support phone line for the United Kingdom, +442037691590, provides an alternative communication channel.
Chat and phone support are available to customers from 07:00 to 14:00 GMT on Monday to Friday, with chat support available until 14:00 GMT and phone support available until 13:00 GMT. This assures that clients have access to assistance during key trading hours, fostering a responsive and client-centric approach to customer support.
Trading Platform
Equithy’s trading platform is a web-based solution, allowing users to access and trade on any device with internet access, eliminating the need for software installations. The platform is designed for accessibility and convenience, catering to traders who value flexibility in their trading experience. The company provides a user-friendly interface, ensuring an intuitive navigation process for both novice and experienced traders.
The platform offers essential tools to support efficient trading, including real-time market data, charting capabilities, and order execution features. Traders can make informed decisions using the available tools, enhancing their overall trading experience on the Equithy platform. The web-based nature of the platform aligns with modern preferences, providing a seamless and adaptable trading environment for users.
Security System
This part of the Equithy review focuses on the Security System implemented by the brokerage, underscoring their commitment to safeguarding client information. Equithy prioritises user security through the utilisation of SSL (Secure Sockets Layer), a globally recognised security system. SSL encrypts all credit card transactions conducted over the web, enhancing the confidentiality and integrity of sensitive financial data.
In the event that a user’s browser does not support the SSL system, the platform promptly issues an instant notification, ensuring users are aware of any potential security implications. This proactive approach to security aligns with industry standards, reflecting Equithy’s dedication to maintaining a secure trading environment for its clients.
Equithy Review: Disadvantages of the firm
No Chat Room
Equithy lacks a chat room feature, limiting real-time communication among traders on the platform.
PayPal Not Accepted
The brokerage does not accept PayPal as a payment method, potentially inconveniencing users who prefer this widely used online payment service.
Equithy Review: Bottom Line
In conclusion, this Equithy review provides an objective overview of the firm, covering various aspects of its services. The firm provides a range of account types with different leverage options, a convenient Debit Card service, and a VIP Program tailored for high-volume traders. The inclusion of Banking on Blockchain reflects a commitment to technological advancements. The Referral Program introduces a unique approach to client benefits. Equithy provides 24/5 Customer Support, a web-based Trading Platform, and a Security System prioritising user protection. However, it is important to note the absence of a chat room and the non-acceptance of PayPal, which may impact user experience.
