Forex ePlanet Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

2.0

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 2.2

Business 1.5

Risk Control 1.8

Software 2.5

Regulatory 2.0

Terminal Snapshot

ePlanet Trading Conditions

Registered Region Comoros

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@eplanetbrokers.com

Contact Number +35924928518

Website eplanetbrokers.com

Balanced Review

Pros & Cons

Pros

Regulated by Mwali International Services Authority (MISA)
Diverse trading instruments: Forex, commodities, indices, stocks, cryptocurrencies
User-friendly platforms: MetaTrader 5 and cTrader
24/5 customer support available in multiple languages
Segregation of client funds for enhanced security

Cons

Offshore regulation leading to higher risks
Limited regulatory oversight compared to major financial jurisdictions
Potential communication issues with customer support
Lack of educational resources for traders
Client funds protection measures may not be as robust as in established markets

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	ePlanet	Grand Markets	BDSwiss	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	Comoros	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	2.0/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does ePlanet Offer?

Account Type	Target User Group	Key Characteristics	Applicability Notes
Standard Account	Beginners	Low minimum deposit, no commission	Suitable for small-capital practice
ECN Account	Intermediate Traders	Direct market access, competitive spreads	Requires a higher initial deposit
Gold Special Account	Gold Traders	Ultra-tight spreads on gold, dedicated support	Designed for traders focusing on precious metals
ECN Pro Account	Professional Traders	Institutional spreads, advanced trading tools	Requires significant trading volume

Account Opening Process

To open an account with ePlanet, traders must follow these steps: submit personal information including name, nationality, and contact details. Next, provide employment and financial information. Identity verification is mandatory, requiring valid identification and proof of address. Once verified, traders can proceed to fund their account. ePlanet offers flexibility, allowing users to upgrade to a professional account later if they meet the necessary requirements.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0	Tight spreads for majors
CFDs (Stocks, Indices, Commodities)	Varies	$5 (ECN)	Competitive pricing
Cryptocurrencies (BTC/USD)	2.0	Varies	Dependent on the asset

Other Fees

Traders should be aware of potential fees associated with deposits and withdrawals, which may vary based on the payment method used. Inactivity fees could apply if accounts remain dormant for an extended period. Platform usage fees may also be relevant, depending on the services utilized. Overnight interest (swap rates) will apply to positions held overnight, and currency conversion fees may occur for trades involving different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

ePlanet User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Alex Johnson

New York, USA

★ ★ ★ ★ ★

I’ve faced several issues with ePlanet regarding withdrawals. It took longer than expected for my funds to process, and customer support was not very responsive. I hope they improve their service soon.

Maria Lopez

Madrid, Spain

★ ★ ★ ★ ★

I had a terrible experience with ePlanet. The customer support was almost non-existent when I needed help with my account. It was frustrating and disappointing. I wouldn’t recommend this broker.

Daniel Kim

Seoul, South Korea

★ ★ ★ ★ ★

I appreciate the user-friendly platform that ePlanet offers. The trading tools are quite helpful for both beginners and experienced traders. While there were some minor issues, the overall experience has been positive.

Sophia Chen

Sydney, Australia

★ ★ ★ ★ ★

ePlanet has been great for my trading needs. The MetaTrader 5 platform is intuitive, and I love the range of instruments available. Customer support has been responsive when I’ve reached out, which adds to my satisfaction.

Comoros Market