Earn

Earn
WikiStocks Rating	⭐⭐⭐
Fees	Commissions:From 0.007% to 0.008%Withdrawal Fees:USD 7 or EUR 7
Account Fees	Inactive Account Fees:EUR 50 per month
Account Minimum Deposit	From Standard(EUR 0)to Gold(EUR 50000)
Interests on uninvested cash	1.74%
Mutual Funds Offered	Yes
Platform/APP	MT5,MT4,Earn Broker

Earn Information

　　Earn is a security brokerage that offers a wide range of financial instruments like stocks, bonds, and CFDs, with leverage up to 1:30.

　　It supports popular trading platforms such as MT4 and MT5 and provides advanced services like copy trading and AI-based tools. The platform is regulated by CySEC, emphasizes the safety of client funds and data protection, and offers professional support 24/5.

　　However, it has high inactive account fees and cautions that trading CFDs carries significant risks, with 64.80% of retail investor accounts losing money.

Pros & Cons

　　Pros:

　　Earn is regulated by CYSEC, ensuring compliance and security in trading operations. The platform offers a variety of tradable securities including stocks, bonds, and CFDs, meeting diverse investor needs. It features popular and robust trading platforms like MT5, MT4, and its unique Earn Broker, enhancing user experience with advanced trading tools. The commissions are competitively low, starting as low as 0.007%, and the platform provides a range of account types from Standard to Gold, accommodating different levels of investment capabilities.

　　Cons:

　　Despite its benefits, Earn imposes fees for inactive accounts, which could be a burden for less active traders. The platform also charges withdrawal fees, which deters frequent withdrawals or small amount transactions. Additionally, customer support is available only 24/5, which will not suffice for traders who need assistance during weekends or have issues outside of standard operating hours.

Is Earn Safe？

　　Regulations:

　　Earn is regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 158/11. CySEC is an independent supervisory authority responsible for overseeing the investment services market and transactions in securities in the Republic of Cyprus, among other responsibilities. Being regulated by such a reputable authority ensures that Earn adheres to strict financial and ethical standards, providing a reliable regulatory framework for their operations.

　　Funds Safety:

　　Earn places a strong emphasis on the safety of client funds. All client money is held in segregated accounts with reputable banking partners in the EU and Switzerland. This arrangement means that client funds are kept separate from the companys own funds, reducing the risk of misuse. Additionally, the platform adheres to the ESMA regulations which require negative balance protection on a per-account basis, ensuring that clients cannot lose more than their account balance.

　　Safety Measures:

　　For securing client data and funds, Earn employs industry-standard encryption technologies. These measures are designed to prevent unauthorized access to user information and funds. Furthermore, the platform implements the industry's best practices for data protection to safeguard personal and financial information. The combination of these technologies and practices contributes to a secure trading environment, protecting against data breaches and other security threats.

What are securities to trade with Earn？

　　Earn offers a variety of CFDs (Contracts for Difference) on different asset classes, providing traders with the opportunity to speculate on price movements without actually owning the underlying assets. Heres a breakdown of the CFDs available for trading on the Earn platform:

• CFDs on Currencies: Trade on the price movements of major and minor currency pairs. Forex trading through CFDs allows traders to leverage their positions and potentially increase their exposure with less capital.

• CFDs on Indices: Provides the ability to trade on the movement of global market indices like the Dow Jones, FTSE, and Nikkei without needing to own shares of the component companies.

• CFDs on Commodities: Allows trading on commodities markets including metals like gold and silver, energy such as oil and natural gas, and agricultural products like wheat and coffee.

• CFDs on Stocks: Offers traders the chance to trade CFDs on over 840 individual stocks from leading global exchanges, enabling speculation on both rising and falling markets.

• CFDs on ETFs: Traders can speculate on the price movement of a variety of Exchange-Traded Funds, which track the performance of indices, sectors, or baskets of assets.

• CFDs on Crypto: Includes trading on the price movements of 32 different cryptocurrencies, offering exposure to this volatile and emerging market without the need for actual crypto wallet or exchange account.


Earn Account Review

　　Earn offers several types of trading accounts, each designed to meet different trading needs and strategies. Here's an overview of the account types available at Earn:

• MT5 Sharp ECN Account: The MT5 Sharp ECN account offers advanced traders access to MetaTrader 5, with tight spreads starting from 0.2 and options for both retail and professional leverage up to 1:30 and 1:100, respectively. This account features negative balance protection and allows hedging, making it suitable for experienced traders looking for ECN trading conditions. Commissions are set at 0.008% for most instruments and 0.1% for stocks and ETFs, with a minimum deposit requirement of $/€100.

• MT4 NDD Account: Designed for traders who prefer the MT4 platform, the MT4 NDD account facilitates trading with direct market access and no dealer intervention. It supports a broad range of financial instruments and offers a competitive commission structure of 0.007% for most instruments and 0.1% for stocks and ETFs. This account provides negative balance protection, allows hedging, and offers both retail and professional leverage options up to 1:30 and 1:100, respectively, with spreads as low as 0.2.

• MT4 Standard Account: The MT4 Standard account is ideal for traders looking for straightforward access to a wide range of Forex and CFD instruments via the MetaTrader 4 platform. This account type offers market execution with no additional markups on spreads, set at a low of 0.2. It includes features like negative balance protection and hedging capabilities, with retail and professional leverage levels up to 1:30 and 1:100. The commission rates are 0.07% for most instruments and 0.1% for stocks and ETFs, requiring a minimum deposit of $/€100.


Earn Fee Review

　　The fee structure for trading with Earn involves several components, reflecting different types of costs associated with trading activities. Heres a detailed breakdown of the fees:

• Spreads:
• Floating Spread: Starts from 0.2 pips for Forex, CFDs on Metals, Indexes, Energies, and Cryptocurrencies across all account types (Standard MT5, Standard MT4).
• Commissions:
• Both MT4 and MT5 platforms charge a commission of 0.007% to 0.1%, depending on the specific instrument and account type.
• MT5: 0.008% commission
• MT4: 0.1% commission
• CFDs on Stocks and ETFs:
• Forex, CFD on Metals, Indexes, Commodities, Crypto:

• Currency Conversion Cost:
• A fee for converting realized profits and losses, as well as costs and charges, for trading in instruments denominated in a currency different from that of your account. This cost is particularly applicable when trading assets like Gold, which is denominated in USD, in an account denominated in EUR.
• Swaps (Overnight Rollover Fees):
• Charges apply for holding positions overnight, with specific rates per instrument available in the Trading Conditions section of the Earn website.
• Inactivity Fee:
• A fee of EUR 50 (or its equivalent) per month is charged for accounts considered inactive (no transactions performed during the last three months).

• Updated Fee Structure for Earn with Direct Market Access (DMA) Options:

　　Standard Account (DMA)

• Minimum Deposit: €0
• Trading Platforms: Earn Broker (web, mobile)
• US Stocks and ETFs:
• Minimum order: EUR 2 + €0.08 per share
• Minimum per trade: EUR 5
• Other Fees:
• OTC-traded stocks, bonds, ETFs: 0.5%
• Safekeeping: 0.25% per annum
• Margin rate (per day): 0.0657534%

　　Silver Account (DMA)

• Minimum Deposit: €10,000
• Trading Platforms: Earn Broker (web, mobile)
• US Stocks and ETFs:
• Minimum order: EUR 2 + €0.06 per share
• Minimum per trade: EUR 5
• Fees:
• OTC-traded stocks, bonds, ETFs: 12%
• Safekeeping: 0.25% per annum
• Margin rate (per day): 0.0602739%

　　Gold Account (DMA)

• Minimum Deposit: €50,000
• Trading Platforms: Earn Broker (web, mobile)
• US Stocks and ETFs:
• Minimum order: USD 2 + $0.05 per share
• Minimum per trade: USD 5
• Fees:
• OTC-traded stocks, bonds, ETFs: 0.3%
• Safekeeping: 0.25% per annum
• Margin rate (per day): 0.0547945%

• Additional Transaction Fees:
• Withdrawal via bank transfer incurs a commission of EUR 7 or USD 7, depending on the account's base currency.
• Note that bank transfers are made through SWIFT, and the recipient covers payment-related fees from intermediary and beneficiary banks.
• Credit/Debit Card: Charges for adding funds to the brokerage account via Visa or MasterCard.
• Bank Transfer:


Fee Type	Details	Standard Account	Silver Account	Gold Account
Minimum Deposit		€0	€10,000	€50,000
Trading Platforms	Available platforms	Earn Broker	Earn Broker	Earn Broker
Spreads	Floating spread starts from 0.2 pips	Applicable	Applicable	Applicable
Commission (Stocks & ETFs)	Commission rates for stocks and ETFs	0.008% / 0.1%	0.008% / 0.1%	0.008% / 0.1%
Commission (Other)	Forex, Metals, Indexes, Commodities, Crypto	0.007% to 0.1%	0.007% to 0.1%	0.007% to 0.1%
Currency Conversion Cost	Fee for currency conversion	Applicable	Applicable	Applicable
Swaps (Overnight Fees)	Overnight rollover fees	Applicable	Applicable	Applicable
Inactivity Fee	EUR 50 per month if inactive	Applicable	Applicable	Applicable
Additional Transaction Fees	Credit/Debit card charges; EUR/USD 7 for withdrawals via bank transfer	Applicable	Applicable	Applicable
US Stocks and ETFs (Order Fees)	Minimum order costs	EUR 2 + €0.08/share	EUR 2 + €0.06/share	USD 2 + $0.05/share
Minimum Per Trade	Minimum cost per trade	EUR 5	EUR 5	USD 5
OTC-Traded Stocks, Bonds, ETFs	Fee percentage	0.50%	12%	0.30%
Safekeeping	Annual safekeeping fee	0.25%	0.25%	0.25%
Margin Rate (Per Day)	Daily margin rate	0.07%	0.06%	0.05%

Earn Trading Platform Review

　　Earn offers a diverse range of trading platforms designed to meet the varying needs of traders. Here is a summary of the trading platforms provided by Earn:

• MetaTrader 5 (MT5):
• MT5 is a sophisticated, multi-asset platform renowned for its advanced automated trading systems and technical resources. It supports a wide range of asset classes including forex, indices, commodities, stocks, and cryptocurrencies. The platform is equipped with numerous technical analysis tools, automated trading capabilities (via Expert Advisors), copy trading features, and historical data for backtesting strategies.
• MetaTrader 4 (MT4):

• MT4 remains a highly popular platform, particularly favored for its user-friendly interface and extensive charting tools. It offers essential features for manual trading and technical analysis across various asset classes. While it lacks some of the advanced functionalities of MT5, such as multi-threaded and multi-currency strategy testing, MT4 is still widely used due to its simplicity and effectiveness.
• Earn.Broker:
• Earn.Broker is a state-of-the-art trading platform that offers a set of trading tools and resources. It supports a vast array of financial instruments including stocks, ETFs, bonds, options, and IPOs. This platform is accessible through web and mobile apps, providing flexibility and convenience for traders. Key features include powerful trading systems, real-time account information, and the ability to participate in IPOs.


Tools

　　Earn offers a suite of analytical tools designed to assist traders in managing their investments more effectively. Heres a breakdown of the calculators available as tools on the Earn platform:

• SWAP Calculator:
• Allows traders to calculate the interest paid or received for holding a position overnight, a critical factor in planning long-term trades.
• MARGIN Calculator:
• Helps traders determine the amount of margin required to open and maintain positions, ensuring adequate capital management and risk assessment.
• PIP Calculator:
• Enables traders to calculate the value of a pip in their base currency, which is essential for managing trade sizes and understanding the impact of market movements on their positions.
• PROFIT Calculator:
• Assists traders in calculating potential profit or loss from their trades, allowing for better planning and strategy adjustment based on different price levels.
• CURRENCY Calculator:
• Provides an easy way to convert values between different currencies, useful for traders dealing in multiple currencies and needing quick conversions for assessment and decision-making.


Research & Education

　　Earn provides some news as research and education for its users.

• Trading Guides: For new traders, trading guides on how to trade different instruments, understanding market mechanics, and risk management are typically available.
• Webinars and Workshops: Earn offers live webinars and workshops conducted by experienced traders and market analysts. These sessions could cover a range of topics, from introductory trading concepts to advanced strategy discussions.
• Demo Accounts: An essential educational tool that allows new users to practice trading with virtual money, helping them understand the trading platforms features without any risk of losing real money.


Customer Support

　　Earn provides customer support for its clients through multiple channels.

　　The main office is located at 88 Archiepiskopou Makariou III, 1077 Nicosia, Cyprus, operating Monday to Friday from 9:00 to 17:30. Clients can reach out to customer support directly via phone at (+357) 22314160 or through email at support@earn.eu.

　　For more specific issues such as complaints, clients can contact the complaints department at complaints@earn.eu. Additionally, for trading-related inquiries, there is a dedicated dealing desk available at +357 22024154 or via email at tradingdesk@earn.eu.

　　This multichannel support system ensures that clients can access assistance easily and efficiently for any queries or issues they will encounter.



Conclusion

　　Earn is a well-regulated financial trading platform headquartered in Nicosia, Cyprus, offering a wide range of services including CFDs trading and brokerage across several asset classes such as forex, indices, stocks, commodities, and cryptocurrencies.

　　Licensed by the Cyprus Securities and Exchange Commission (CySEC), Earn provides robust trading solutions via advanced platforms like MetaTrader 4 and MetaTrader 5, along with their proprietary Earn.Broker platform.

　　The platform attracts both new and experienced traders with tools, extensive market access, and dedicated customer support, ensuring a reliable and efficient trading environment.

FAQs

• What trading platforms does Earn offer？
• Earn offers MetaTrader 4, MetaTrader 5, and its proprietary Earn.Broker platform.
• How can I contact Earn's customer support？
• You can contact Earns customer support by phone at (+357) 22314160 or email at support@earn.eu.
• Is Earn suitable for beginner traders？
• Yes, Earn is suitable for beginners, providing educational resources, demo accounts, and user-friendly trading platforms.

Risk Warning

　　The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.