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4.3
  • Company Review Esplanade
    3.8
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    Formally Esplanade MS has four types of...

    Formally Esplanade MS has four types of accounts, but if for mere mortals (depo from $250 to $20000), there are only two. The accounts are distinguished by spreads. It is fixed on Fixed accounts and floating on Standard accounts, respectively. It should be taken into account that on fixed spreads your order may not be executed completely. It happened to me and I was upset, not understanding what the problem was. Then I read in the rules that instant execution of orders is applied to fixed accounts. That is, they will open everything they can open at the current price, but if the price has moved further and does not roll back to the desired entry point, the broker will not “catch up” the price and will leave everything as it is. Apparently, this is due to the fact that the spread widens on sharp price movements, and it is not profitable for the broker to keep its narrow fixed spread at the expense of the client. In principle, if you work with limit orders and place orders in advance, you can take fixed account. If more often on the market, and it is important that the position size corresponds to the order, it is better to stop on the standard variant. There are no problems with withdrawal, you just fill out an application through the form on the site and the money arrives the next day at most, in my experience.

    • Scatch Fardol 17 November 2019 at 20:31
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      Thank you for the detailed information, this is exactly what I was interested in. Actually it is a very good sign that broker supports instant order execution and market with requotes. It means that Esplanade supports the transparency of its technologies and pricing. Doesn’t put everyone in the same basket. I know that many do not like requotes, but they are inevitable if you want to work on the market and it’s important to have full order execution for the whole specified volume. I would definitely choose the standard type of account.

More honest opinions from real people about the company Esplanade

  • tigranyan 1 year ago
    4.5
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    Good, reputable company

    The broker is a solid four-plus. There are variants for both manual traders and for fans of trading robots. The broker has a few instruments and the withdrawal speed is a little bit long. I don't have enough tools and the output speed is a little bit long. Maybe I was just unlucky.
  • Nikita 1 year ago
    4.3
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    Not so bad

    I understand that the broker has been in business for quite some time. That means that they have a solid history. The terms and conditions are not bad either, as far as I can tell. I can't say that I've been trading with them for a long time. But if it wasn't for the advice of my friends, I never would... Read more
  • Mihail Pokrovskiy 1 year ago
    4.8
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    A little about the broker

    In short, the broker is not bad at all. It helped me grow a little bit in trading and I even started to make good money with it. All in all, I can recommend him if you're looking for the right company.
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Company review statistics for Esplanade
4.3
284 reviews
98%2%
Service
88%
Personnel
86%
Quality
86%
Cost
88%
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