EquityDailyTrade is a contract for difference broker whose official website domain was registered on May 12, 2024. The broker primarily offers investment services in forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to nations or regions where local laws or regulations may be violated.
Company Registration Information and Regulatory Status
According to the publicly available information on EquityDailyTrade's (equitydailytrade.com) official website, the broker was established in 2016. The company entity is known as Kiemu Capital Trade, and it claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed the company entity’s registration details or comprehensive regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) does not list a regulated company by the name "Kiemu Capital Trade."
Hence, EquityDailyTrade (equitydailytrade.com) is essentially a fraudulent broker website with neither a real company entity nor any form of regulation.
Account Opening Process
The account opening process for EquityDailyTrade trading accounts involves visiting the broker’s official website, clicking "Open Account" on the homepage or "SIGN UP" at the top right corner of the webpage to access the account registration page. Here, you need to fill in required personal information such as your name and email, set a login password, and then submit. After submitting, verify your account to successfully complete the registration.
Trading Instruments
EquityDailyTrade offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Involves the exchange of different currencies, known for its high liquidity, enabling traders to profit from currency rate fluctuations.
- Indices: Allows speculation on the performance of entire markets or specific sectors without trading individual stocks. By exploring popular indices, traders can find diverse trading opportunities and use high leverage to enhance potential returns.
- Commodities: Covers essential global market resources, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Enables investors to participate in public companies' price fluctuations and earn dividends based on company performance without actually owning the stocks.
- Cryptocurrencies: Provides opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
EquityDailyTrade offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum Deposit: $500
- Minimum Expected Profit: $3,500
- Maximum Expected Profit: $5,000
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profits
CLASSIC ACCOUNT:
- Minimum Deposit: $5,000
- Minimum Expected Profit: $45,000
- Maximum Expected Profit: $50,000
- Expert News and Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-Free Spread Trading Profits
PLATINUM:
- Minimum Deposit: $10,000
- Minimum Expected Profit: $99,999
- Full Benefits
- Trader Education*
- Advanced Risk Management
- Tax-Free Spread Trading Profits
FOREX SIGNALS:
- Professional Forex Signals
- Up to 10 Signals Daily
- 95% Success Rate
- 24/7 Support
- Advanced Trading Tools
- Bitcoin Payments Only
- Use Any Broker
Trading Platform
EquityDailyTrade offers a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with more than 12,000 orders executed per second.
Deposits and Withdrawals
EquityDailyTrade does not support deposits and withdrawals through credit cards or bank wire transfers; transactions are only supported through cryptocurrencies.
Conclusion:
Traderknows reminds investors that EquityDailyTrade is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
