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Unregulated

ETFinance

Australia · Magnum FX (Cyprus) Limited
Unregulated Australia 5-10 years cryptos, stocks Main market: US
0.0/ 10
Trust score

Poor

High-risk profile — proceed only with caution and small amounts.

Industry average 3.3 / 10
ETFinance has no verified tier-1 regulatory licence on record. See what this means →
User reviews
License status
None
Operating since
2018
Platforms
MT4, WebTrader
Min. deposit
Max. leverage
1:30
Account types
Website status
Unknown

ETFinance Review — Overview

Updated 02 Jul 2026
Regulation
Unregulated
Licence status
None
Platforms
MT4, WebTrader
Max. leverage
1:30
Instruments
Cryptos, stocks, indices, metals and energies
Operating
Est. 2018
Main market
US
Entity
Magnum FX (Cyprus) Limited
Website
Unknown

ETFinance is a forex & CFD broker based in Australia, established in 2018. On Trust Broker Hub it holds a Trust Score of 3.0 out of 10, which we rate as Poor — below the industry average of 3.3/10. High-risk profile — proceed only with caution and small amounts.

We could not verify any regulatory licence for ETFinance. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.

ETFinance provides access to cryptos, stocks, indices, metals and energies. Published conditions include leverage up to 1:30. No complaints are currently on record. Overall, ETFinance carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.

Trust score breakdown

How is this calculated?
Regulation tier & jurisdiction1.0 / 10
Transparency public disclosure0.0 / 10
Footprint track record3.0 / 10
Reviews no reviews yet5.0 / 10
Complaint record no complaints on record10.0 / 10

Trust Score history

ETFinance currently scores 3.0/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

  • No unresolved complaints on record
  • Listed in our verified broker directory

Cons

  • No verified regulatory licence on record
  • Always verify the licence directly before depositing

Regulation

0 licences

No regulatory licence on record for ETFinance. Treat with caution and verify before depositing.

Trading conditions

Self-reported
Instrumentscryptos, stocks, indices, metals and energies
Minimum depositNot disclosed
Maximum leverage1:30
Typical spreadNot disclosed
PlatformsMT4, WebTrader
Demo accountNot disclosed

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on ETFinance

Editorial · updated 02 Jul 2026
Our analysis · editorial 3.0/10

High-risk profile

ETFinance does not hold a verified regulatory licence on record. Based in Australia, it has been operating for about 8 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.0/10 — a high-risk profile.

Strengths
  • Operating for 8 years
  • No complaints on record with us
  • Supports MT4 & WebTrader trading
Watch-outs
  • No verified regulatory licence on record — funds may lack protection
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

User reviews

0 reviews

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ETFinance — Questions & Answers

0 questions

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Complaints & alerts

0 on record
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag ETFinance here if that changes.

Full specifications

Regulated region
Australia
Operating period
5-10 years
Main market
US
Instruments
cryptos, stocks, indices, metals and energies
Year founded
2018

Frequently asked

Is ETFinance a safe broker?
ETFinance scores 3.0 / 10 on our Trust Score, below the 3.3 industry average. It has no verified tier-1 licence, raising risk. It has no complaints on record. Trade only with funds you can afford to lose.
How is the ETFinance trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from ETFinance?
ETFinance publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.