Esplanade-ms (Espland Markets) is a young company with ambitious plans. Starting its operations in 2014, this broker from Saint Vincent and the Grenadines positions itself as a reliable trading platform for both beginners and experienced investors. Let’s take a detailed look at the key aspects of Esplanade-ms’s operations and services.
Brief Overview
Visiting the esplanade-ms.com website welcomes you with a standard set of sections: analytics, market news, trading offers. The multilingual interface (Arabic, Spanish, Russian, Azerbaijani, and English) makes the platform accessible to a wide audience.
It is worth noting that while the website indicates the presence of authorization for activities, the reality of this claim requires verification, as the local regulator FSA in Saint Vincent and the Grenadines has not issued a license to Esplanade-ms.
Regarding trading opportunities, the broker offers a wide range of assets, access to the popular MT4 platform for comfortable trading on both PC and mobile devices. The range of trading assets includes currencies, precious metals, indices, CFD contracts, and trading is conducted in both dollars and euros.
Registration Procedure
To start trading on Esplanade-ms, you need to register and open a trading account. The assistance provided to users in this process can be evaluated through reviews, and it is necessary to agree to the terms of cooperation beforehand.
Similar requirements for providing personal data and their verification apply to institutional clients.
Esplanade-ms actively combats money laundering, so the verification process includes providing scanned copies of documents for identity verification and confirmation of residential address.
Trading Conditions
The broker offers margin trading with flexible leverage from 1:100 to 1:1000 depending on the type of transactions and provides access to several types of trading accounts. The minimum deposit for a standard account is $250.
A demo trading option is available for beginners to familiarize themselves with the platform and trading nuances. Esplanade-ms recommends using MetaTrader4 for comfortable trading.
Deposits and Withdrawals
Esplanade-ms charges commissions for each deposit depending on the chosen method. The company offers various ways of depositing and withdrawing funds in different currencies.
The currency to be issued, the minimum transaction amount, and the calculation of additional commissions depend on the chosen method. Some payment systems offer instant fund crediting.
Security and Licensing
The absence of a license for conducting financial operations and accumulating assets raises questions about the control of the broker’s actions. At the same time, Esplanade-ms ensures the protection of client data and assets through the use of segregated accounts and guarantees liquidity.
To pass identification on the platform, additional documents must be provided, and the company reserves the right to conduct additional client verification.
Conclusion
Esplanade-ms offers the opportunity to start with a demo account to evaluate the platform’s performance without risks. With a variety of services and a wide range of trading opportunities, the broker attracts the attention of both beginners and experienced traders.
It is important to remember the importance of thoroughly reviewing the terms of cooperation and legal documents on the website. By leaving your review, you can share your experience working with Esplanade-ms and help other investors make the right choice.
I recently had the opportunity to work with a young broker at Esplanade-ms (Espland Markets) and I must say, I was thoroughly impressed with their professionalism and knowledge of the market. They were able to provide me with valuable insights and recommendations that helped me make informed decisions about my investments.
The broker was always available to answer any questions I had and went above and beyond to ensure that I was satisfied with their services. Their communication skills were excellent and they were able to explain complex financial concepts in a way that was easy for me to understand.
Overall, my experience with this young broker at Esplanade-ms was extremely positive and I would highly recommend their services to anyone looking for a reliable and knowledgeable broker. I look forward to continuing to work with them in the future.