EQi Review

Rana Adnan | March 2, 2021

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

Summary

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.

Regulation

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.

Platforms

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.

Tools

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.

EQi Investment Calculator

EQi Investment Calculator

Education

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 Podcast

EQi Podcast

Markets

EQi offers the following trading instruments: indices, stocks, ETFs, funds, and more.

Accounts

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 Account Types

EQi Account Types

Support

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.

Funding

The following payment methods are accepted at EQi for both account deposits and withdrawals: credit/debit cards, bank transfers, cheques, and more.

Signup

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.

Compare

Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
Founded200619742007
RegulatedASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSAFCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFFASIC, CySEC, FSA, SCB
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
SpreadsFixedVariableVariable
Leverage1:4001:2001:500
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker

Conclusion

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.

EQi Logo

Min $10 Deposit

Launched in 2015, EQi is an online trading broker whose goal is to provide traders with independence, choice & control over their investments.

The value of investments can fall as well as rise and any income from them is not guaranteed.

About the Author

Rana Adnan
I am an introverted long-distance runner and a Forex trader with more than 7 years of experience. Reminiscences of a stock operator was the first book that changed the whole concept of trading for me.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.

Share

If you like our reviews and find them useful, please feel free to share them on your socials as this can help us to continuously improve the website and for traders to find a suitable broker.

Leave a Reply