Eiro-Group Review – Everything you Need to Know about the Company

Eiro-Group Review

Thinking of entering the financial markets? These days, interest in this sphere has picked up significantly, considering the flexibility and profit potential it has to offer. There was a time when trading was not that simple and required people to deal with a lot of paperwork and needed full-time dedication. Technology has changed these things a great deal and the markets are now accessible for everyone. Likewise, the number of opportunities in the space have also increased due to the introduction of new instruments. Even though these markets are known for being volatile, they have something to offer to everyone in accordance with their risk tolerance.

Hence, if you are thinking about trading in the financial markets, there is a strong possibility that you will be able to find an instrument to trade, which suits your risk appetite. You don’t need to have a large amount of capital to get started either and neither do you have to be an expert in order to start. However, knowing how the markets work can certainly have an impact on how much success you will enjoy. Essentially, the only requirement that you have to meet is to find a broker. Yes, brokers are still an important part of the process and you need their services in order to trade in the financial markets.

These companies provide you the tools, platform and everything else that you might require for trading and you have to have the right one in order to enjoy a smooth trading experience. The good news is that popularity of online trading has increased the number of these firms in the market. When you begin searching, there will be plenty of options available, but not all of them fall in the same category. It is your job to know everything possible about a company before signing up for it in order to ensure it is capable of providing you the services you require.

One of the options that you will come across is Eiro-Group, a broker that was established in 2020. It was founded by Dexmont Holdings Ltd. and is based in St. Vincent and the Grenadines. On the surface, it seems capable enough, but you need to check it thoroughly before you opt for it. Let’s find out everything there is to know about Eiro-Group.

An Introduction

Broker	Eiro-Group
Website	https://www.eiro-group.com/
Trading Accounts	6 Account Types; Basic, Silver, Gold, Platinum, Diamond and Millioner Club
Minimum Deposit	€500
Assets Coverage	Shares, Forex, Commodities, Indices and CFDs (Contract for Difference)
Trading Tools	Trading Indicators, Trends, Live Charts, Technical Analysis Tools and Price Alerts
Education and Training	Yes; , Glossary, e-books, online video courses, webinars, tutorials and expert sessions
Customer Support	24/5 through callback, email and phone number
Security Policy	KYC (Know Your Customer) and AML (Anti-Money Laundering)
Parent Company	Dexmont Holdings Ltd.

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Asset Index

The first thing to look into when you are checking out any brokerage is their asset index. After all, you need to know exactly what you will be able to trade on their platform because this will directly determine how much profits you can expect to make. Even if you don’t have a lot of knowledge of trading, you are still probably aware that diversification is best to minimize the risks associated with the financial markets and this can only happen if you have access to a variety of instruments. Eiro-Group has put together more than 1,000 trading instruments on their platform, thereby ensuring that everyone can find instruments according to their risk preference and can easily diversify if they want.

Some of the categories you can explore are:

Forex: Recognized as the world’s biggest financial market, the foreign exchange market comprises of hundreds of currency pairs that can be traded for a profit. There are major currency pairs, minor ones and also some exotic pairs that can be quite volatile. You can explore as many options as you like and some prominent ones include EUR/USD, USD/JPY, GBP/USD, AUD/NZD, USD/RUB and USD/CAD, amongst others.

Stock: Another popular financial market is none other than the stock market where people buy and sell shares of numerous companies all over the globe. You can invest in multinational firms like Apple, Google, Netflix, Facebook, Amazon, Starbucks, Microsoft, Tesla and more and take advantage of their price movements to reap in profits.

Indices: While the stock market deals in individual stocks, the indices market combines baskets of stocks together. It is for investors looking at the bigger picture and you can trade some of the leading and profitable indices, such as NASDAQ, Dow Jones, S&P 500, FTSE 100 and DAX 30.

Commodities: Traders who don’t want to take heavy risks and prefer instruments that can offer regular returns can opt for the commodities market. There is a horde of options available here, which comprises of soft commodities as well as hard commodities. There are agricultural products to be traded, such as wheat, corn, rice, soybeans, sugar, cotton and coffee. Livestock and meat like pork bellies, feeder cattle and live cattle are also options to explore. Traders can go with precious metals like gold, silver, copper and platinum, or you can try out energies like natural gas, crude oil etc.

Trading Platform

Now that you are aware of what assets can be traded via Eiro-Group, it is time for you to check out their trading platform. This is one feature that needs to be assessed carefully because it is what you will be primarily using for executing your trades in the market. You will find that the company has opted to provide a proprietary web trading platform to its clients, which can certainly be beneficial. They have designed this platform to deliver a uniform and personalized trading experience. It does not require any downloading or installation, and is accessible through the web browser.

Traders are provided with super-fast trade execution and one-click trading features by Eiro-Group. They have powered the platform with cutting-edge technology and it is capable of reflecting all your trades in real-time. It gives access to the latest market news, advanced charts and trading indicators that can help in tracking patterns and making decisions. You can also keep up with the latest trends and use the technical and fundamental analysis tools for efficient trading. The platform works seamlessly and can be accessed on the device of your choice.

As it is a web platform, it works on desktop devices, as well as mobile devices, and this cross-device functionality grants a great deal of flexibility to the users. Plus, Eiro-Group is responsible for keeping the platform updated and secure, which allows you to fully focus on trading alone.

Account Opening

After you have assessed the trading platform that’s being provided to you, it is time to look into how you will open an account with Eiro-Group. Every company has its own requirements and it is best to know them beforehand in order to ensure you can comply with them easily and start trading right away. The good thing about this broker is that they have kept their registration short and simple. There is essentially just one form that needs to be completed and it is quite a basic one. The details that you have to provide in the form include first name, last name, an email address, password, a phone number and your country.

After providing this information, which doesn’t take you more than a few minutes, Eiro-Group asks you to agree to their Terms & Conditions. These are provided on their website and you can go over them in case you have any doubts. Lastly, you have to confirm that you are above 18 and have shared accurate and authentic information with them. When you complete this step, you can now open your trading account.

Account Options

It is now time to take a look at the account options that are provided to you by the broker. It is the norm for companies to offer multiple options and Eiro-Group is no exception in this regard, but the choices can vary. The purpose of offering different choices is to ensure that every trader can have a good trading experience, which is in accordance with their trading style and risk tolerance. They have introduced six account choices, each of which is aimed at a different type of trader. These options include:

Basic Account: The first account that you will find at Eiro-Group is called Basic and is for newcomers who have zero experience in the trading world. It asks for a minimum deposit of €500 and maximum deposit of €9,999. It comes with a loyalty bonus of 10%, trading alerts, insurance level of about 10%, signals once a day, daily market review and an account manager for 2 weeks.

Silver Account: The second account option that you can check out is called Silver and it is for beginners with a little bit of exposure in the financial markets. The minimum deposit for this account starts at €10,000 and the maximum amount you can deposit is €99,999. This account provides advanced charts, a 20% loyalty bonus and an insurance level of 20%, along with a savings account.

Gold Account: The next account option is known as Gold and has been designed for intermediate traders. It can be opened with a minimum deposit of €100,000 and the maximum amount that can be invested is €249,000. This account provides traders with exclusive updates, a 30% loyalty bonus, trading signals 2 times a day, insurance level of 30%, unlimited account manager and a group of analyst for help.

Platinum Account: To accommodate advanced traders on its platform, Eiro-Group has come up with the Platinum account that they can open by depositing €250,000. As far as maximum deposit in this account is concerned, it is set at €499,999. The loyalty bonus for this account is 60% and trading signals are provided three times in a day. The insurance level is also increased to 60% and money management services are also added for the convenience of traders.

Diamond Account: To cater to skilled and expert traders, the Diamond Account has been developed by Eiro-Group and they have opted to set a minimum deposit requirement of €500,000 for this account. You can increase your investment to as much as €1,000,000 in this account and receive an 80% loyalty bonus and insurance of 80% as well. Unlimited signals are also provided in this account, along with the rest of the features.

Millioner Club: The last account choice that you will come across is called the Millioner Club and it has been developed for VIP traders. The minimum deposit requirement is set at €1,000,000 and you can invest as much as you like in this account. The bonus and insurance is now 100% and you can enjoy every feature that is offered in the rest of the accounts.

Payment Methods

As stated above, you have to make deposits to open an account with Eiro-Group, but how will you do that? In order to find the answer to this question, you need to know what payment methods are available to you. Not only will you use them for funding your account, but they are also used for withdrawals later on. You will find that a range of options has been provided for your ease and convenience. If you prefer the traditional options, you can go with bank wire transfers for deposit and withdrawals.

This might take a bit more time, but it is a secure option to explore. Apart from that, Eiro-Group also allows its clients to use their debit or credit cards for depositing and withdrawing. These include Visa, MasterCard and Maestro, amongst others. They are relatively quick and allow you to fund your account quickly to start trading.

You will also come across a variety of trading tools on the platform, reliable customer support options that can be used for getting assistance and excellent security features that can create a safe trading environment on Eiro-Group, making it a good option for every trader.