Beware! e30trade is an offshore broker! Your investment may be at risk.


Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


e30trade represents a fairly typical example of online fraud. This anonymous website claims to be an established investment intermediary that can help you get into trading currencies and stocks. But even a basic fact check finds that e30trade lacks any characteristics of a legitimate broker. In this review, we’ll show you how to tell the difference between genuine financial services providers and scammers like e30trade.

e30trade Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

Legitimate forex brokers provide clear and detailed information about the legal entity that owns and operates them, where it is based, what licences it has and which regulators oversee its activities. Lack of such details or improper presentation of them are always a red flag that we are probably dealing with a scam.

As already pointed out, e30trade is completely anonymous. Nowhere is the name of the company behind this website mentioned. The Terms and Conditions are too brief, lacking specific information and generally not meeting the standards of legal documentation.

e30trade provides a contact address in Ontario, Canada.

But a check of the local financial authorities’ database reveals a warning to investors that this website is not authorised.

In some places on the website we see another brand instead of e30trade  – F-Capital. This is probably a mistaken carry-over from another project by the same scammers.

If you have decided to invest in financial instruments you have a choice of much more trustworthy options.

Depending on your location, it is advisable to choose a company that is regulated by an institution such as Commodity Futures Trading Commission (CFTC) in the US, Australian Securities and Exchanges Commission (ASIC), UK’s Financial Conduct Authority (FCA) or some EU regulator like Cyprus Securities and Exchange Commission (CySEC).

Clients of these brokers receive protections such as negative balance protection and segregation of the client’s funds from the broker’s funds.  In the EU and the UK, brokers must also participate in guarantee schemes that cover a certain amount of the trader’s investment if the broker becomes insolvent. These guarantees amount to up to 20 000 EUR in the EU and 85 000 GBP in the UK. However, the likelihood of such a bankruptcy is low because regulators also have significant net capital requirements that companies must maintain – EUR 730 000 in UK and Cyprus, AUD 1000 000 in Australia and at least 20 million USD in the United States.

e30trade Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps
e30trade platform
MT430+ indicatorsAndroid and iOS
MT550+ indicatorsAndroid and iOS
cTrader40+ indicatorsAndroid and iOS

Another clear evidence that we are dealing with a scam is that e30trade  does not have trading software – that is, this alleged forex broker does not have the technological capacity to offer the core service it claims.

But even if e30trade had some kind of trading platform, that would not make this website credible. Fake brokers use rigged trading software to mislead their victims that their money is really being invested. But this trade is entirely sham.

If you use the services of a licensed broker, you will get the opportunity to use established software with advanced features and versions for all types of devices and operating systems. The most widely used trading platforms in the industry are MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

These platforms have established themselves as industry standard because they offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies.

e30trade Trading instruments


e30trade claims to offer currency and stock trading, but nowhere do we see a list of tradable instruments. As we have seen, this website has neither the licence nor the software necessary to facilitate financial trading.

e30trade Spreads and cost of trading

Spread EURUSD0.611.1
Spread GBPUSD1.31.21.4
Spread USDJPY1.31.21.4

Legitimate forex brokers offer a variety of trading account types tailored to the needs of clients with different capital and investment intentions. These brokers also provide clear and detailed information on trading parameters – leverage, spread, commissions, order execution method, etc.

Instead, e30trade offers a list of investment plans promising secure and high returns. A genuine broker will not and cannot promise you guaranteed profits. In fact, licensed companies are obliged by regulators to warn their clients about the high risk of losses when trading financial instruments.

e30trade Maximum leverage

UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1

High leverage creates the opportunity for more significant profit, but correspondingly increases the risk of sudden and excessive losses. All leading regulators therefore restrict leverage for retail traders.

Regulated brokers offer higher leverage only to professional clients who must meet very high standards for capital and experience and forgo the guarantees enjoyed by retail traders.

If you don’t qualify as a professional trader but are willing to take the risk of high-leverage trading, the most viable option is to use the services of an offshore affiliate of an established brand.

e30trade Deposit and withdrawal methods

Deposit timeWithdrawal timePrice
Crypto24 hours24 hoursFee depends on crypto

Quite predictably, the e30trade only allows deposits via cryptocurrencies.

While there are some legitimate brokers that accept digital currencies like Bitcoin, they do so alongside other transparent payment methods such as credit/debit card, bank transfer or popular e-wallets like PayPal, Neteller or Skrill.

e30trade Minimum deposit

Minimum deposit$1000$5$10$5

e30trade’s plan descriptions specify a minimum infusion amount of 1,000 USD, but the Terms and Conditions specify a different amount of 500 USD.

Such discrepancies are typical of scam websites. You should know that with as little as 50 or even 5 USD, you could open an account with a duly licensed forex broker.

e30trade Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
e30tradeNot specifiedNot specifiedNot specified
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

Since e30trade does not provide proper legal documentation, it is unclear what traps the fraudsters may have set. Typically, fake brokers make withdrawing money impossible through huge fees and impossible-to-fulfil traded volume conditions.

Top Forex Brokers

BrokerCountryRatingMin. DepositWebsite
US4.99/5$50 Click for a special offerWebsite

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