Home / Reviews / Eurotrade
AD SPACE AVAILABLE Your banner can be here. Contact us for placement terms and conditions. Contact us →
BROKER REVIEW · RANK #93 OF 139

Eurotrade review

Trades as Eurotrader. Previously directly CySEC-regulated (licence 279/15), but CySEC withdrew that authorisation in September 2026 over organisational/management failings -- this broker is no longer EU-regulated as a result (see the regulatory note below). An FSCA (South Africa) licence remains. A proprietary copy-trading app is also offered alongside MT4/MT5.

2.56 / 5 overall FSA Seychelles-licensed (licence number unconfirmed) · est. 2015
Data last reviewed: 8 October 2026 Regulation last reviewed: 8 October 2026 Pricing last checked: March 2026 Next scheduled review: January 2027
Worth knowing: Major update: CySEC withdrew Eurotrade Investments RGB Ltd's CIF authorisation (licence 279/15) on 17 September 2026, for breaching rules requiring at least two persons effectively directing the firm and adequate organisational arrangements; the firm must remove all CySEC-licensing references from its site. This broker is therefore no longer EU/MiFID-regulated, despite marketing that may still reference the old licence. Separately, the FCA (UK), CNMV (Spain), and FSMA (Belgium) have each issued public warnings about a firm called "Eurotrade" -- per regulatory/trade-press reporting, those target an unauthorized clone site impersonating this brand, a separate issue from the CySEC withdrawal above. Always verify you're on the genuine eurotrader.com domain before depositing. FSA Seychelles-licensed, per the official FSA Capital Markets register; licence number not independently confirmed.
Compare vs another broker Find similar brokers Verify on FSA Seychelles register Visit Broker
Regulated entityEurotrade Investments RGB Ltd (formerly CySEC-licensed; see note); Eurotrade RGB (Seychelles) Ltd (Seychelles entity)
RegulationFSA Seychelles-licensed (licence number unconfirmed)
Other Tier-1 regulatorsFSCA
Founded2015
HeadquartersLimassol, Cyprus (also a London corporate office)
Minimum depositNot independently confirmed
Avg. spread (EUR/USD)Not independently confirmed
PlatformsMT4, MT5
InstrumentsForex (50+ pairs), indices (9+), commodities (7+), crypto CFDs (17+), and 2,000-2,500+ stock CFDs, per third-party sources; one comparison page contradicts this with an apparent error claiming no forex/CFD trading at all -- that claim looks incorrect and isn't reflected here.

See Eurotrade's full regulation dossier → · How to check whether a forex broker is regulated

Strengths

    Weaknesses

    • Thinner regulatory footprint than most peers on this list
    • No EU, UK, or Australian-tier regulator -- its primary licence is offshore (Seychelles FSA), which offers materially less retail investor protection than an EU/MiFID licence.
    • Minimum deposit and/or EUR/USD spread could not be independently confirmed -- check current terms directly with the broker.
    • Shorter operating history than most peers, trading since 2015

    Score breakdown

    Regulation & client protection
    1.8 / 5
    Trading costs Not enough confirmed data to score
    Non-trading fees
    3 / 5
    Platforms & tools
    2.6 / 5
    Execution / trading conditions
    4 / 5
    Product range
    3.5 / 5
    Deposits & withdrawals
    3 / 5
    Transparency
    2.75 / 5
    Track record
    1.65 / 5

    Who Eurotrade is -- and isn't -- a good fit for

    Likely a good fit if you're...

    • Traders outside the EU/UK who have already done their own due diligence on the offshore entity and are comfortable with that risk profile.

    Look elsewhere if you're...

    • Traders who need EU- or UK-level regulatory protection and investor compensation -- this broker's only confirmed licence is the Seychelles FSA, which carries materially lighter oversight and no compensation scheme (see Investor protection below).

    Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.

    Investor protection

    Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.

    Accounts, costs & support in more depth

    Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.

    Account typesSources disagree on the exact count (three to five tiers). Commonly cited: Micro (minimum $50, spreads from 1.0-1.2 pips, no commission), Zero (a 0%-spread or 0%-commission option, with a $2.75/trade commission on the spread-free option), Hero (spreads from 0.0-0.3 pips, $4/trade commission), and a swap-free account (spreads from 0.7-0.9 pips). Given the September 2026 CySEC withdrawal disclosed above, treat all of this as describing the broker's past rather than a currently licensed EU offering.
    Execution modelSources conflict: one aggregator lists STP/ECN, another states it offers neither ECN nor DMA -- not reliably confirmed either way.
    Withdrawals & depositsOne review cites withdrawals taking up to 5 days; Trustpilot shows mixed reports, from 24-48 hour payouts to a rejected-profit complaint. None of this is a verified, current policy.
    Overnight financing (swap)No published swap-rate table was found; a swap-free account option is offered per reviews.
    Currency conversion costNot found.
    Inactivity feeNot found specifically for this entity.
    Customer service24/5 support via ticket, WhatsApp, Telegram and Twitter is reported. Trustpilot shows 3.3/5 from 175 reviews; independent trade-press coverage notes recurring complaint patterns alongside praise for EA-setup help.
    Mobile experienceNo App Store or Google Play rating was located; iOS/Android apps exist.
    Educational offeringIts "EuroTrader Academy" is praised by independent reviewers as a strength, with a confirmed demo account (unlimited virtual funds, live prices).

    See how Eurotrade's spread cost compares across every researched broker → · Forex broker fees explained

    Frequently asked questions

    Is Eurotrade regulated?

    Yes -- FSA Seychelles-licensed (licence number unconfirmed). See the regulation dossier on this page for the underlying licence numbers.

    Is my money protected if Eurotrade fails?

    Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.

    What is the minimum deposit at Eurotrade?

    Not independently confirmed in our research -- verify directly with the broker.

    What trading platforms does Eurotrade offer?

    Eurotrade offers MT4, MT5.

    What is Eurotrade's average spread on EUR/USD?

    Not independently confirmed in our research -- verify directly with the broker.

    When was Eurotrade founded?

    Eurotrade was founded in 2015.

    How is Eurotrade's overall score calculated?

    Eurotrade currently scores 2.56/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.

    How this score is calculated: Nine weighted categories against a fixed, disclosed rubric -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5% -- not a ranking relative to other brokers, and not hands-on tested. See the full methodology. Verify current terms directly with the broker and its regulator's public register before depositing funds. This is not personalized financial advice.

    Recent changes

    A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.

    01 8 October 2026 Baseline recorded -- change tracking starts here. No prior change history is available for this broker.

    Other reviewed brokers

    #1 · 4.1 / 5

    AvaTrade

    EU clients typically served under Central Bank of Ireland / MiFID passporting rather than a direct CySEC CIF licence -- worth confirming which entity applies to you.

    #2 · 4.08 / 5

    Interactive Brokers

    Publicly listed on Nasdaq (IBKR) and an S&P 500 constituent, Interactive Brokers is one of the largest electronic brokers globally by client equity, with access to 150+ markets worldwide. Founder Thomas Peterffy remains Chairman. Widely regarded as a low-controversy, Category-A-regulator-only broker relative to CFD-focused peers.

    #3 · 4.01 / 5

    ThinkMarkets

    ThinkMarkets is a dual-headquartered (Melbourne/London) group founded in 2010 by brothers Nauman and Faizan Anees, in which each of its major-jurisdiction licences (FCA, ASIC, FSCA, DFSA, FMA) sits in a different legal entity from its CySEC-licensed European arm.