EFINANCE GLOBAL LTD is a company focused on online cryptocurrency trading, offering investors a diversified portfolio of trading products including forex, metals, indices, and cryptocurrencies. However, basic information about the company, such as its registered address and registration time, is currently not public. This lack of transparency may raise concerns among potential investors. The official website is: https://efinanceglobal.com/en
Corporate Entity Information of EFINANCE GLOBAL LTD:
The official website of EFINANCE GLOBAL LTD does not provide detailed information about the company's registration, including the time of registration and registered address. The absence of such basic information can affect investors' understanding and trust in the company. Notably, the domain name of the company was registered on November 7, 2023, and as of the current date (February 23, 2024), the domain registration is less than a year old. Investors should be cautious about the ambiguity of these corporate entity details when considering engaging with this platform for forex trading.
Regulatory Information of EFINANCE GLOBAL LTD:
There is currently no clear public information regarding the regulation of EFINANCE GLOBAL LTD. The official website does not provide information about regulatory authorities, which can be troubling for investors trying to understand the company's regulatory status. For financial broker companies, regulatory information is usually considered a key indicator of safety and trustworthiness, and the absence of this information at EFINANCE GLOBAL LTD may impact investors' decisions.
Account Opening Process at EFINANCE GLOBAL LTD:
The account opening process at EFINANCE GLOBAL LTD is relatively straightforward and intuitive. On the official website, investors can choose to register a real or a demo account. The registration process is simple: just click the corresponding button and fill in the necessary information as prompted by the website. Once completed, users can successfully register their accounts. This convenient process provides investors with faster access. However, despite the simplicity of the account opening process, investors should still proceed with caution when using real accounts. Additionally, for demo accounts, this process also offers users the opportunity to simulate trades and familiarize themselves with the platform's functions before engaging in actual trading.
Trading Software at EFINANCE GLOBAL LTD:
The trading software provided by EFINANCE GLOBAL LTD is ST5. Despite the company's claim of offering advanced trading tools to investors, the official website does not provide detailed introductions to the platform. Due to the lack of specific information, investors may find it difficult to fully understand the functions, interface design, and execution speed of the ST5 platform. Knowing the details of the trading platform is crucial for investors to formulate effective trading strategies and manage risks better.
Account Types at EFINANCE GLOBAL LTD:
The official website of EFINANCE GLOBAL LTD does not provide a detailed introduction to account types. This makes it difficult for investors to understand the different account types offered by the platform and their features. This also indicates a lack of transparency on the EFINANCE GLOBAL LTD website.
Trading Instruments at EFINANCE GLOBAL LTD:
Offers forex, cryptocurrencies, stocks, indices, and commodities. However, the homepage does not provide detailed introductions to these products. Investors cannot obtain more information.
Leverage and Spreads at EFINANCE GLOBAL LTD:
EFINANCE GLOBAL LTD only introduces the leverage and spreads for cryptocurrency trading, and does not provide detailed explanations for the spreads and leverage of other trading products.
The features of EFINANCE GLOBAL LTD's cryptocurrency trading platform include floating spreads, a 1:3 leverage ratio, a 30% margin call notice, 24/7 trading hours, and a minimum trade size of 0.01 lots (with no maximum limit). When considering cryptocurrency trading with EFINANCE GLOBAL LTD, investors need to take these features into account and ensure they fully understand their impact to better formulate trading strategies and manage risks.
Deposit and Withdrawal Methods at EFINANCE GLOBAL LTD:
The EFINANCE GLOBAL LTD website does not specifically introduce information on deposit and withdrawal methods. The lack of specific processes, fees, and processing times causes inconvenience and risks for investors.
Contact Information of EFINANCE GLOBAL LTD:
The only contact method provided by EFINANCE GLOBAL LTD is email (support@efinanceglobal.com). This single channel of communication may cause some inconvenience for users seeking timely assistance in urgent situations. Email typically requires a longer response time, which may not meet the needs of those requiring immediate solutions to urgent issues.
Social Media of EFINANCE GLOBAL LTD:
EFINANCE GLOBAL LTD does not provide any social media channels. The absence of EFINANCE GLOBAL LTD on social media might affect potential users' perception of its reliability and interactivity.
Summary:
Overall, EFINANCE GLOBAL LTD lacks in aspects such as corporate transparency, regulatory information, account details, and social media presence. Investors should carefully consider the potential risks and uncertainties when choosing this platform. Currently, EFINANCE GLOBAL LTD is flagged as "suspicious of scam" on Traderknows.
