ES-Group
ES-Group
ES-Group has been providing financial services since 2017. The company helps with investments, offering comfortable stock trading from any device, be it a phone or a computer. According to the broker, they are constantly working on development and implementing modern technologies to simplify maximize the work process and make it as transparent as possible. The company claims to have been operating for over four years and providing financial services to 300,000 traders. However, a questionable aspect is the company’s promise of unlimited income with minimal investments. The company is regulated by AFCA, CySEC, and ASIC, according to the website. However, the company does not display license scans, but simply places the regulators’ logos on its website. The broker also highlights its advantages, such as low spreads, a variety of trading conditions, minimum risks, and unlimited opportunities.
ES-Group Trading Conditions
For potential clients, the company has developed the following tariff plans:
- Start, with an entry threshold starting from $150. Traders receive a leverage of 1:100 and instant order execution.
- Progressive, with a deposit of $1,000. The tariff includes: leverage of 1:500, instant order execution, digital currency implementation. Clients can also count on deposit insurance.
- Premium, costing a potential client $10,000. Traders can expect all of the above + protection of their funds and round-the-clock support.
Extra money can be earned through a referral program. The main task is to attract new clients through various means, starting from personal recommendations and ending with personal internet resources, the referral key from which will bring new clients to the company. In turn, clients receive advertising materials from the company, which they do not need to create themselves. Clients can also expect rewards based on the deposits of referrals. Partners are entitled to a 5% commission if the company earns between $500 and $1,000. Commissions will amount to $7,000 if the company earns over $35,000 from referrals.
Depositing and Withdrawing Funds from ES-Group
The company does not provide a comprehensive section where answers to these questions can be obtained. Payment company logos are also missing. However, from the available data, it can be assumed that the broker supports popular payment channels, such as credit/debit cards, bank transfers, and electronic payment systems. Most likely, these systems can be used to deposit funds and withdraw siphon state.
Also, the broker does not disclose its commissions. The time it takes to credit funds to the client’s account remains a secret.
Conclusion
The company does not provide license information, which negatively affects the decision-making process regarding collaboration. Additionally, the broker keeps important information about payment channels secret. Therefore, the client cannot assess in advance the convenience of working with the broker in terms of transactions and commissions. It is recommended to consult with a specialist before depositing funds.