First Equis Limited has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 81 34360 5473 4, fax 81 34360 5475, 62 21 5799 8132 3, fax 62 21 5799 8134
Addresses: Japan Office Shibuya Mark City West 22F 1-12-1 Dogenza Shibuya-ku Tokyo Japan 150-0042; Indonesian Office Wisma GKBL 39th Floor JI Jend Surdiman No 28 Jakarta 10210 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.firstequis.com.
The platform at First Equis Limited is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over a year of dealing with this, I have had enough.
Pros: High security standards|Copy trading available
Cons: Email notifications too frequent|Minimum deposit could be lower
Do not believe the bonus offer from First Equis Limited. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after a family member had a good experience and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Intuitive for beginners|Great customer service|Full transparency|Economic calendar
Cons: No phone support on weekends|Wish they had more educational resources
I opened an account with First Equis Limited for just over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Instant funding|Wide product range
Cons: Live chat only during business hours|Help articles are sometimes vague
After for nearly two years with First Equis Limited I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Customizable dashboard|Multiple order types|Good mobile app|Personal attention
Cons: No fractional shares
The so-called education at First Equis Limited is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for nearly two years thinking they would help me learn.
Pros: Two-factor authentication|Fast execution|Social trading features
Cons: Limited demo account features|Limited ETF selection
I experienced a security concern with my First Equis Limited account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Wide product range|Two-factor authentication
Cons: Mobile app could be improved
First Equis Limited has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Dividend tracking|Economic calendar
Cons: Cannot customize dashboard fully|No live chat on mobile
The spread at First Equis Limited is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a review site like this one and initially thought the platform was good - until I started trading seriously.
Pros: Smooth onboarding|Clear documentation
Cons: No crypto staking|Email notifications too frequent