Bonus from Esplanade Market Solutions in 2024
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Today I’d like to give a small review of forex broker Esplanade Market Solutions. The company offers a free $50 welcome bonus for new clients in 2024. I mentioned this free sign-up forex bonus in my huge list of no deposit bonuses.
So, how to get this free money? Go to the official site of Esplanade Market Solutions (click on the banner):
Or you may not click the banner and simply go to the main page of the broker’s site and from there click the orange button with the name “Open trading account”. So, you’ll see the page for account registration:
As you see, this is the standard registration procedure. During the registration process, do not forget to choose the “Standard” type of trading account.
Then you should log in to your account at the Esplanade Market Solutions site and pass the account verification. To verify your trading account you have to go to the “My profile” section. There you should upload electronic copies of your docs for verification.
After approving and verifying your account with the broker’s support you have to apply for a no-deposit welcome bonus. To do this you need to send the letter to bonus@esplanade-ms.com with your bonus request. In the letter body, you have to input the trading account number, which you’ve opened at Esplanade Market Solutions.
The bonus can’t be cashed out. You may withdraw only your trading earnings. The broker sets the minimum trading volume before you may request your trading profit. It equals 10 standard lots. Besides this, the maximum sum of trading profit that you may withdraw can’t be more than $100.
So, now some words about the broker. Esplanade Market Solutions is an offshore broker from Saint Vincent and the Grenadines. At the broker’s site, I’ve found information, that broker is regulated by the Securities and Exchange Commission of the Republic of Vanuatu (VFSC). Such jurisdiction is not entirely reliable, in my home opinion.
About trading platform. The broker offers Metatrader 4 to use for trading. MT4 is very popular, stable, and reliable with different useful functions and options for traders.
Clients are offered many usual ways for money withdrawal from Esplanade Market Solutions. You may deposit/withdraw money through Visa and Mastercard, bank wire, Qiwi, Webmoney, and Fasapay. So, I do not see any problems with deposits/withdrawals.
About trading conditions. Esplanade Market Solutions offers 4 kinds of trading accounts in USD or EUR: Fix, Standard, ECN, and VIP. They allow using 1:1000 max credit leverage. Traders may use it for trading about 50 forex pairs, spot metals, indices, commodities, and shares. The minimum deposit for the start is $100. The minimum size of the trading order is 0.01 lot.
Final conclusion. Esplanade Market Solutions is suitable for trading, but you should always remember the risky offshore jurisdiction of the company. Of course, do not forget to test them by using the no-deposit welcome bonus on the real trading account “Standard”.
I highly recommend this broker after 4 years of working with them. In general, I have to say that I am very pleased with their support service. I recently had a problem with one of my accounts, the response of the support service was very fast and professional. Withdrawal of money from an account almost always takes place without delay, and if it does occur, it is the fault of payment systems. I’ve heard people complaining about Neteller.This is easily determined by the support reaction, which quickly responds and clarifies everything. Well, it’s a fast terminal, so its reaction speed allows you to trade even extremely fast (although I would not recommend it that way).
Esplanade MC is a good choice regarding the variety of the instruments you can trade. The list includes a number of traditional assets and currency pairs. But apart from that the number of offered stocks is really impressive. Not only you can trade SnP 500 shares but some other indices are included in the list. There are over a dozen of those in fact. Hundreds of shares are also available to trade as separate assets on Esplanade as CFDs. Not even speaking of some interest to Russian stocks that you may have. According to my observations, SBER and GAZP are quite volatile and worth attention. I don’t know any other brokerage with decent trading conditions that would offer that many stock CFDs.
Esplanade offers not only many tools, but also a wide leverage, which allows you to actively trade even with a small amount. If I’m not mistaken, then it is 1: 1000. But with the statement that it is profitable to trade Russian stocks, I do not agree. Russian assets are not very volatile, and the country itself is under constant sanction pressure. I think, among the variety of Esplanade tools, you can find more profitable lots for trading.
A good broker with several types of accounts. It seems, that the company is serious and ready to provide in Esplanade ECN-conditions to large clients. Experienced traders understand, that to access interbank you need a lot of money, that’s why 20000 dollars even with the leverage this is a minimum. Personally, I don’t trust brokers, with offer ECN-execution on the accounts with 500-1000 dollars. Esplanade in that terms creates pretty real frameworks, this is the reason why I trust this broker.
Funny but company’s name was probably one of the major reasons why I chose Esplanade Market Solutions. No, I’m not that naive, I’ve read the terms of service, found out that spreads are ok here, that the company has been on the market for a long while, its got positive reviews, keeps clients’ funds on segregated accounts, bla-bla-bla. But the term “esplanade” appeals to my inner understanding what a perfect trader’s day should look like. You wake up in the morning, have your coffee, walk outside and sit on your terrace with a sea-view behind your morning paper. You go out and walk down the esplanade and nod your head to all the nice people you meet there… The pavement is wide, the green trees are on the one side, sea or ocean are on another… Then you go back home and open your laptop, load MT4 and log in to your Esplanade trading account, lol. Ahaha, Esplanade did a great job picking this name. But never mind. Putting aside all my personal triggers, broker is really good. Orders execution is done perfectly well, withdrawals work fine too. Give it a chance!
I’ve opened an account at Esplanade MC this summer. So its been jver three months now since I’ve started there. The min deposit is only $250. Like half of what brokers normally want you to start with. The list of instruments is impressive. MetaTrader 4 is used as a trading platform and you also free to use mobile application. Commissions are variable, depending on your account type and asset. The nice thing is the leverage. 1:1000 is probably one of the most generous offers I’ve seen. So far company’s support was doing a great job, all my questions were answered in a timely manner and funds withdrawal request that I made last week arrived safely the day after request. I recommend Esplanade market solutions!
I trade with esplanade quite successfully. Sometimes I get drawdowns, but generally I profit and I’ve never drained my whole deposit. I never use trading signals when trading. I think they’re just a useless animation feature. I prefer reading charts correctly and I’m not afraid of taking risks. Someone said, that those who don’t risk actually risk even more. The esplanade broker, with which I trade, has quite tolerable terms for trading. Mt4 platform is convenient for trading and there are things to trade with. Orders are quickly performed and I’ve never noticed any requotes when trading. Since I’ve been trading with esplanade I’ve never seen any promotions. I don’t need them, but they sometimes improve the broker’s image. I once traded very successfully with the pound/yen pair. I’d usually avoid such combinations. And here everything worked perfectly well on the falling trend. I’m going to withdraw profit soon, esplanade has no problems with that.
I don’t know what to say about the broker you stop noticing during your trading. It’s probably its main advantage. It means everything goes right and the trader doesn’t get distracted. In my case, the same thing happens with esplanade. It’s the most ordinary broker, but it’s absolutely comfortable to trade here. Metatrader 4 works fine, and there’s everything there should be. The spreads are tolerable, you can choose how to trade either with the fixed or the floating ones. They are different on different accounts. The minimum deposit to start trading is low, only $100. Fixed spreads start from 2 points on the fix account and 1,2 on the standard one. On the ecn and vip accounts the spreads are floating starting from 0. I just don’t understand why swaps are so different for buying and selling. For the eur/dollar pair swaps for purchase are 1,74, and for selling equal -5,66. But I don’t know how to analyze it yet. I need to clarify it.
The broker has its pros and cons, but overall the company Esplanade Market Solutions turned out to be fine. I opened the account with them three months ago. The spread is floating, that’s why there are sometimes expansions. That is a usual thing for this type of account. I liked that the broker has a wide selection of assets from standard currency pairs to the most popular cryptocurrencies. Also, funds deposit and withdrawal work perfectly.
There was no delight. Thou the company is not bad, there still are drawbacks. During my trading I liked good orders execution, that there’s cfd and that you even have an opportunity to trade with cryptocurrencies. And funds withdrawal is also fine. But the fact that they don’t have a top up bonus is a little upsetting. And I was very pleased with the rest, especially with the funds withdrawal. It’s credited quickly and fairly.
I’ve opened an account and thought that the verification process would take some time. But no, everything was done in a day and I was already able to withdraw profit. It was a welcome surprise. I haven’t noticed any broker’s interference while trading; the orders haven’t opened or closed themselves. The withdrawal of funds works fine.
Before getting an account here I’ve read some reviews. Some of them were really posistive and some were not. I tried to be as objective as possible and I’d say it’s a pretty standard broker. The contidions are nice, there are both floating- and fixed-spread accounts. Plus, there are no probles with money withdrawals. But, then again, I think the Esplanade Market Solutions withdrawal is slow and it took the support quite a long time to reply a couple of times. Anyhow, trading is ok but there are some subtleties.
Whatever they say, this broker is pretty good. The assets pool is ok, may have been better, the spread is alright and conditions are fine. However, you need USD 20,000 to open an ecn account which is a lot, in my opinion. But, all in all, I like this broker.
But I did like the broker. Platform works without failures, requotes don’t bother me. I have a Basic account with variable spread, so sometimes expansions are pretty high. However I don’t trade on news, don’t care about them.
I’ve heard good feedbacks about Esplanade Market Solutions. Now, I don’t have enough time to start trading with no deposit bonus from Esplanade Market Solutions, but next year I hope to start it.