Rana Adnan | March 2, 2021
Table of Contents
Operating from the United Kingdom, EQi is an online financial services provider that allows clients to buy and sell various financial instruments spread across different asset classes, including indices, stocks, ETFs, funds, and more. The firm provides their customers with a mobile trading platform that gives them access to global markets. They also provide traders with educational resources, as well as a knowledgeable client support team to assist them.
Broker Pros / Cons
- Regulated brokerage firm
- Mobile trading platform
- Educational resources
- Trading tools
- Multiple financial instruments
- No MetaTrader platforms
- Limited account funding methods
- No live chat support
- UK traders only
Launched in 2015, EQi is an online trading broker whose goal is to provide traders with independence, choice, and control over their investments. The broker focuses on tools and insights that make the market easily accessible, including investment calculators, award-winning customer education, and access to the views of external analysts. There are multiple trading account options to choose from, and no commission is charged on trades.
EQi is a trading name of Equiniti Financial Services Limited, which is part of the Equiniti Group. Investment. Equiniti Financial Services Limited is registered in England and Wales with No. 6208699 and is authorised and regulated by the UK Financial Conduct Authority. Equiniti Financial Services Limited is a member firm of the London Stock Exchange. The VAT registration for Equiniti is 915967778.
The broker only accepts UK residents as clients, so traders from other parts of the world cannot use the broker’s services.
EQi provides traders with an intuitive trading platform that is available as a mobile app. The app is packed with advanced features to ensure a seamless trading process. It is compatible with mobile devices running on Android and iOS and can be downloaded from the respective app stores. The app is suitable for traders who would want to place trades and manage their accounts on the go.
Traders benefit from some useful trading tools that are aimed at enhancing their overall trading experience. These tools include investment calculators, pension calculators, watchlists, and more.
There is a good selection of educational resources on the broker’s website. These resources help traders in making knowledgeable trading decisions by keeping them up to date with the events that take place in the financial markets. The learning resources include market insights, podcasts, news, video tutorials, glossaries, and an FAQ section that answers clients’ most common questions.
EQi offers the following trading instruments: indices, stocks, ETFs, funds, and more.
The broker offers the following trading account options: Dealing Account, Flexible ISA, Self-Invested Personal Pension, and Lifetime ISA. Traders are allowed to choose the account type that best suits their trading objectives and needs.
EQi has a professional customer support team who are always available to respond to all clients’ trading inquiries, and they can be reached via telephone, email, online form, and social media.
The following payment methods are accepted at EQi for both account deposits and withdrawals: credit/debit cards, bank transfers, cheques, and more.
To open an EQi account, simply navigate to the upper-right corner of the broker’s website and click on the ‘SignUp’ button. Next, choose your desired account type and fill the account application form.
|Broker Features||AvaTrade||IG||IC Markets|
|Regulated||ASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSA||FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF||ASIC, CySEC, FSA, SCB|
|Country||Australia, Ireland, South Africa, Japan, British Virgin Islands||Australia, UK, USA, Switzerland, UAE, Singapore, Japan||Australia, Seychelles, Bahamas, Cyprus|
|Min. Deposit||Min $250 Deposit||Min $100 Deposit||Min $200 Deposit|
|Commission||From $0||From $0||From $0|
|Instruments||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFs||Forex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDs||Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs|
|Platforms||MetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, Mobile||MetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, Mobile||MetaTrader 4, MetaTrader 5, cTrader, Web, Mobile|
|Type||Market Maker, STP||STP, ECN, DMA||ECN|
|Funding||Wire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, Skrill||Wire Transfer, Credit/Debit Cards, PayPal||Wire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli|
|Visit Broker||Visit Broker||Visit Broker||Visit Broker|
Operating from the United Kingdom, EQi is a regulated online broker that allows U.K. residents to trade various financial instruments via an intuitive mobile trading platform. Traders are provided with educational resources, useful trading tools, and a customer support team, whilst there are multiple trading account types to choose from.