EterWealth Review

About EterWealth

EterWealth is registered in Saint Vincent and the Grenadines under the name EterWealth Limited, with the registration number 26560 BC 2021 — the SVG Financial Services Authority does not regulate or license forex, CFD, or derivative brokerage activities . The broker claims an ASIC connection under ACN 670 035 999; that status is no longer valid, and ASIC has issued a warning regarding EterWealth’s unauthorised financial services .

The UK Financial Conduct Authority has issued a public warning that EterWealth is providing financial services in the UK without authorisation. The FCA notice explicitly lists the domain eterwealth.com, confirms the firm has no connection to any FCA-authorised entity, and states clients lack access to the Financial Ombudsman Service and the FSCS investor protections .

EterWealth advertises MetaTrader 4 and MetaTrader 5 platforms, various account types (such as Standard, Pro, ECN), base currencies, high leverage up to 1:500 or even 1:1000 depending on source, minimum deposits starting from $20–$100, and trading across forex, metals, indices, energies, and cryptocurrencies . However, the firm’s regulatory claims are demonstrably false: it is not authorised by SVG FSA for trading, not registered with the NFA, and its claimed licenses are misleading .

Pros and cons

Pros

• Offers MetaTrader 4 and MetaTrader 5 platforms
• Claims of competitive trading conditions (high leverage: up to 1:500 or 1:1000; low minimum deposit: $20–$100)

Cons

• Not regulated by any reputable financial authority; SVG FSA does not regulate forex or CFD activities
• ASIC association is invalid and a warning has been issued by ASIC
• FCA warning notes unauthorised operation in UK, domain eterwealth.com flagged, and clients have no access to UK protections (FSCS, FOS)
• False claims of regulation (e.g. NFA, mention of Belize NFA) and lack of transparency regarding company ownership or contact information