This Equinox Markets review assesses the broker’s regulatory framework, account structure, platform tools, and asset offerings. Operating as an offshore entity, Equinox Markets markets itself as a high-leverage broker for global retail traders, though its regulatory status raises concerns.

Regulation and Safety

Equinox Markets is registered offshore in Saint Vincent and the Grenadines (SVG), an entity not recognized by major financial regulators like FCA, ASIC, or CySEC. The broker does not hold a verifiable license from a Tier 1 or Tier 2 authority. It offers no guarantee of fund segregation, investor compensation, or oversight audits. As such, traders face elevated counterparty risk.

Execution Model and Trading Platforms

Equinox Markets appears to operate on a market maker (MM) model, though it claims to offer direct market access (DMA) for certain account tiers. There is no mention of ECN or STP routing verification. The broker provides MetaTrader 4 and a web-based proprietary platform. FIX API, VPS hosting, or advanced integrations are not supported.

Markets and Instruments

Equinox Markets offers access to multiple asset classes, including:

• Forex (majors, minors, exotics)
• Commodities (gold, silver, crude oil)
• Indices (US30, NASDAQ, DAX)
• Stocks (primarily US and EU-listed)
• Cryptocurrencies (BTC, ETH, XRP, and more)

The total instrument count is not disclosed, but appears to include over 150 tradable assets across classes.

Accounts, Spreads and Leverage

Equinox Markets offers tiered account types:

• Basic: Fixed spreads, no commissions, minimum deposit $250
• Silver: Variable spreads from 1.5 pips, limited market access
• Gold: Raw spreads + commission, access to dedicated support
• Platinum/VIP: Custom conditions, tighter spreads, and higher priority execution

Maximum leverage is 1:500. Stop-out levels are not clearly specified, and bonus schemes may apply, which can limit withdrawal conditions.

Funding and Base Currencies

Funding options at Equinox Markets include:

• Credit/debit cards
• Bank transfers
• Crypto wallets (BTC, ETH, USDT)
• Third-party processors (unspecified)

Accepted base currencies include USD, EUR, and BTC. While deposits are mostly instant, withdrawals may face delays of up to 5 business days. Withdrawal processing lacks transparency and may require identity re-verification.

Client Protections and Features

Equinox Markets lacks formal regulatory protections but claims to provide:

• Segregated client accounts (not independently verified)
• SSL encryption for web access
• Basic login security (no 2FA or biometric features)
• No investor compensation scheme

Institutional and Retail Offering

Equinox Markets targets retail traders only. It does not support institutional services such as:

• FIX API or liquidity provisioning
• White-label platforms
• Prime brokerage or institutional partnerships

Retail offerings are bolstered by trading bonuses, educational videos, and platform walkthroughs, but lack advanced analytics or portfolio tools.

Pros and Cons

Pros

• High leverage up to 1:500
• MetaTrader 4 available
• Cryptocurrency trading supported
• Multiple account types
• Wide range of asset classes

Cons

• No regulatory license
• Lack of transparency in execution and fees
• No investor protection scheme or fund guarantees
• Slow or conditional withdrawals reported
• Ineligible for institutional or API-based traders

Frequently Asked Questions

Is Equinox Markets regulated?

No, Equinox Markets is not regulated by any major financial authority and operates offshore without investor protection frameworks.

What platforms does Equinox Markets offer?

Equinox Markets offers MetaTrader 4 and a proprietary web platform, accessible via desktop and mobile.

What is the minimum deposit at Equinox Markets?

The minimum deposit starts at $250 for Basic accounts, which is higher than many regulated competitors.

Can I trade cryptocurrencies with Equinox Markets?

Yes, Equinox Markets supports crypto trading including BTC, ETH, and XRP pairs.

Does Equinox Markets offer institutional services?

No, Equinox Markets does not provide FIX API access, white-label services, or prime brokerage solutions.