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Esplanade

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7.2
(4 Reviews)

Founded: 2015 Min Deposit: 250 USD

Headquarters: Saint Vincent and the Grenadines Max Lev: 1 : 1000

Risk Level I

Esplanade is only registered with SVG FSA, but SVG FSA doesn't regulate forex trading.

Score
Business Scope
5.0
Trading Cost
7.0
Trading Platforms
7.0
Support
7.0
Licence Status

SVG FSA does not regulate forex trading

SVG FSA 22514-IBC-2015
Registered
Contact
+357 25654100
support@esplanade-ms.com
https://esplanade-ms.com
Multilingual Support
Multiple Trading Instruments
Multiple Account types
No Trading Restrictions
High Leverage
Bonus
Islamic Account
Negative Balance Protection
Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Deposit and Withdrawal

7.0

Good

fees on credit/debit cards deposit&withdrawals

Features

Fast Deposit

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Company and Service

6.0

Average

multilingual support

Features

Multilingual Support
Profile
Headquarters Address
Suite 305, Griffith Corporate Center, Beachmont , Kingstown,
St. Vincent and the Grenadines 
VC0100 P.O. Box 1510
Founded 2015
Broker Type
NDD
Time Zone GMT+2,GMT+3
Credit Profile No information
Trading Platforms
MT4
Windows,  iOS,  Android
Contact
No Data
Others
Website Language
Arabic,  Azerbaijani,  English,  Farsi,  French,  Russian,  Spanish
Customer Service By
Phone,  Email,  Live Chat
Supported Language
Azerbaijani,  English,  French,  Russian,  Spanish

Related Complaints

Q&A

I've lost my credit card. How can I change the way I withdraw?

TKS
Great Falls
2022-11-30
ANSWER Esplanade claims to be owned and operated by Esplanade Market Solutions, a company registered in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number 22514IBC2015. Providing retail and institutional Foreign Exchange services to investors, Trading Forex, Commodities, and other tradable instruments as part of their investment portfolio. However, SVG FSA does neither issue licenses for forex trading nor regulate brokers offering forex activities. For more details on this broker, you can check our full Esplanade review.We keep on reminding traders to be wary of offshore brokers in SVG as they don't provide any funds protection as well as withdrawals guarantee. If you are looking for brokers to deal with, we would recommend brokers regulated by top-tier regulators like FCA, CySEC, ASIC, etc.
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What documents should I have if I want to open an account in this platform?

Shaman
Saipan
2023-04-13
ANSWER Esplanade is a non-regulated broker that we advise against trading with, despite the seemingly attractive deals it offers.Esplanade claims to operated by Esplanade Market Solutions Ltd., a company registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 22514 IBC 2015. Although we did find records matching this broker in the registry of the SVG FSA, it's important to note that the SVG FSA neither issues forex licenses nor regulates entities engaged in forex activities. In essence, Esplanade is not subject to any valid regulations.Regarding your question, we strongly advise against dealing with Esplanade since there are no legal protections in place to protect the funds you entrust it to hold and control. Trading with it is highly risky. As a result, we suggest investors avoid unlicensed brokers like Esplanade and opt for fully regulated ones instead.
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Overall Score

7.2
4 Reviews

Cost 7.0

Platforms 7.0

Deposit & Withdrawal 7.0

Customer Support 7.0

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4 Reviews

Sort by
Andrea
0-6 months FIX Account Australia
I'm so worried to trade with Esplanade. Within seven days, I had made withdrawals, but no money had been paid into my account. Can't trust.
2023-06-09
Reply
jon
7-12 months Standard Account Spain
The ECN account here is really nice. Spreads are tight and execution is good, so you have the opportunity to focus on analytics and mental balance.
2023-06-01
Reply
Ambresh Singh
0-6 months Standard Account Colombia
If you ask me, it's a regular broker with normal trading conditions. Yes, trading with this broker is very comfortable. But there are some small problems and details, which a broker should work on. But in the main aspects - money withdrawal, order execution, reliability of servers - everything is great. I've never seen any problems with these things and it's great. You can see that the broker is serious and determined to become better. It just needs a little more time.
2023-01-20
Reply
Evgeny Rozhkov
1-3 years Standard Account Malaysia
Excellent broker, I have been working with for 1 year
2023-01-20
Reply
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.