European Financial Market Review: Regulation, Bonus, Spreads & Accounts

What is European Financial Market?

European Financial Market is an ECN / STP / Micro / Crypto / Demo forex broker founded in 2020 and based in Marshall Islands. It offers forex currencies, crypto, commodities, indices, stocks on EUFM Webtrader.

European Financial Market is regulated by Eufm has no regulatory. Its listed office is Trust Company Compex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH96960.

This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the European Financial Market bonus offers, and who the broker suits best.

• ✓Regulated since 2020 by Eufm has no regulatory, with segregated client funds.
• $Cost to start: €3500 minimum deposit and spreads from 0.1 pips.
• ⚡Flexible trading: leverage up to 1:500, hedging, scalping and news trading allowed.
• %Bonus: This broker is providing 25% to 50% welcome bonus on different accounts. In the VIP account the amount of welcome bonus is variable/, no no-deposit bonus.

More about European Financial Market

European Financial Market or EUFM is an online trading broker that trades on Forex, Stocks, Commodities, and Cryptocurrencies. This broker is based on its own trading platform named EUFM webtrader. Because of being a webtrader, it does not requires any downloads. It can be operated by only using a browser. 

This broker is providing four types of trading accounts to its clients. All these accounts have a static type of spread. All these accounts come with an Economic calendar. Clients or traders can trade from the EUFM webtrader as all these four accounts support this platform. All the live trading accounts by this broker are described:- 

• The Basic Account:- This account starts with a €3500 minimum deposit. This account has maximum leverage is at 1:200. The minimal lot size in this account is 0.1 lot. This account is for beginners
• The Standard Account:- This account requires a €7000 minimum deposit. The maximum leverage in this account is 1:300.  The minimal lot size in this account is 0.5 lot. This account gets access to the Masters Partial. This account comes with a 25% welcome bonus. This account is for advanced traders.
• The Pro Account:-  This account starts with a €25,000 funding. This account has the maximum leverage at 1:400. This account comes with a personal manager. This account gets full access to the Masters. This account comes with a 50% welcome bonus. This account is actually for Professional traders. 
• The VIP Account:- This account starts with a minimum deposit of €1,000,000. The account has the maximum leverage at 1:500. This account can also be operated from the MetaTrader4 platform. The minimal lot size is 1.5 lots which are 0.5 more than the Pro account. 

This broker also provides Islamic accounts for the traders who want to trade in a halal way.

Is European Financial Market safe and regulated?

European Financial Market is supervised by 1 authority. Our listing shows these licences:

Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which European Financial Market company will hold your account, because protection levels can differ between regions.

European Financial Market account types and trading conditions

These are the main trading conditions listed for European Financial Market. It offers Islamic, mini, VIP, managed accounts.

European Financial Market trading platforms

European Financial Market supports EUFM Webtrader.

Web and mobile trading

Web trading: Yes. Mobile trading: Yes. Markets available: Forex Currencies, Crypto, Commodities, Indices, Stocks. The website is available in English, German, Russian, Chinese, Dutch, French, Italian, Portuguese, and Spanish.

European Financial Market deposit and withdrawal methods

European Financial Market accepts these deposit methods:

• Visa
• MasterCard
• Maestro
• SSL secure Connection
• And WireTransfer

Withdrawals use the same methods as deposits.

Accounts can be held in USD, EUR, GBP. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.

European Financial Market bonus and promotions

These are the promotions listed for European Financial Market:

European Financial Market no deposit bonus: European Financial Market does not offer a no deposit bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.

European Financial Market pros and cons

How to open an European Financial Market account

1. RegisterClick "Visit Broker" and fill in your name, email, country and password.
2. Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
3. Choose an accountPick the account type, base currency and leverage that suit you.
4. Fund and claim the bonusDeposit from €3500 and opt in to the promotion if your region qualifies.
5. Start tradingLog in to Web. Practise first on a free demo account.

Open an European Financial Market account ↗

European Financial Market customer support and contact

These are the contact details we have on file for European Financial Market:

Final verdict: should you trade with European Financial Market?

European Financial Market scores 3.9 out of 5 in our review. Its strongest points are its Eufm has no regulatory licence, tight spreads from 0.1 pips and Web trading. Keep in mind: higher €3500 minimum deposit; no no-deposit bonus.

If your main goal is a free no-deposit bonus, European Financial Market is not the right fit. Compare it with other options on our best forex brokers page before deciding.