Ether Arena Information
The Official URL Of Ether Arena Cannot Be Opened Temporarily For Unknown Reasons, So We Can Only Collect Some Relevant Information For Reference Only.
Ether Arena Claims To Be An Online Forex Trading Broker Registered In The Marshall Islands. It Claims To Offer Its Clients A Wide Range Of Tradable Financial Instruments Through The Leading MT4 And Sirix Trading Platforms. Spreads Start From 2.4 Pips, Commissions Are As Low As 0, And Three Different Real Account Types Are Available. However, Minimum Deposit Requirements Are As High As $250 And There Is No Effective Regulation.
Is Ether Arena Legal?
Not Legal. It Is Registered In The Marshall Islands, An Area Teeming With Scammers And Untrustworthy Companies. It Does Not Offer Secured Funds Or Segregated Accounts And Is Subject To Warnings From The CNMV.
What Can Be Traded On Ether Arena?
Ether Arena Advertises That It Offers Extensive Market Access To Six Asset Classes, Covering Forex, Indices, Stocks, Commodities, Stock CFDs And Precious Metals.
Account Types
In Addition To Demo Account Accounts, Ether Arena Claims To Offer Three Types Of Live Trading Accounts, Namely Mini, Premium And VIP. The Minimum Initial Deposit Amount For The Mini Account Is 250 Dollars, While The Minimum Initial Funding Requirements For The Other Two Account Types Are 300 Dollars And $50,000, Respectively. In Contrast, Licensed Brokers Allow Starter Accounts To Be Set Up With A Minimum Deposit Amount Of $100 Or Even Less.
Leverage
The Leverage Ratio Provided By This Broker Is Not Specified.
Ether Arena Fees
Ether Arena Claims That It Offers A Variable Spread Of 2.4 Pips, And The Commission Can Even Be 0.
Trading Platform
The Platforms That Ether Arena Can Use For Trading Are Allegedly The Advanced MT4 And Sirix. However, The MT4 Software Appears To Be Counterfeit. Please Be Careful!
Deposits And Withdrawals
This Broker Accepts Payments Made Via Visa, Maestro, UnionPay, MasterCard, SA Forward Error Correction GARGE And Webmoney.
The Minimum Initial Deposit Requirement Is Allegedly 250 Dollars Without Any Mention Of The Minimum Withdrawal Amount.
The Minimum Withdrawal Amount Is Not Defined And No Processing Fees Or Fees Are Specified.
