Equilearn Trading (equilearntrading.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 0917749254, 0983888611
Addresses: 88 Sheridan Street; 534 Victoria Trail This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: equilearntrading.com.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Equilearn Trading (equilearntrading.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Educational resources|Multiple order types|Wide product range
Cons: Limited ETF selection
I lost a significant amount because Equilearn Trading (equilearntrading.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Wide product range|Multi-currency support
Cons: Limited social trading features|Inactivity fee applies after 12 months
My card was charged twice by Equilearn Trading (equilearntrading.com) on the same day. I had to dispute it with my bank. Equilearn Trading (equilearntrading.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Market news feed|Stable platform
Cons: Currency conversion fee exists
If you are reading this considering Equilearn Trading (equilearntrading.com) - run. I wish I had read more negative reviews through my accountant's suggestion. I thought the positive ones were real. Maybe some are. My experience over for about eight months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Professional team|API access
Cons: Charting tools need more indicators|Research section could be deeper