According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- No
- MT4
- MT5
- SVGFSA
Our Evaluation of Esperio
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Esperio is a moderate-risk broker with the TU Overall Score of 6.24 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Esperio clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
Esperio has many advantages over its competitors. Primarily, it offers a low entry barrier, narrow spreads, favorable fees, a wide range of assets, and various additional income options. MetaTrader support is a plus, although trading through other well-known platforms like cTrader or RTrader is not available. The broker provides excellent educational programs, with plenty of useful information for both beginners and professionals. Esperio operates 100% transparently, with no withdrawal fees. The company is officially registered and regulated.
Brief Look at Esperio
Esperio’s clients trade currency pairs and CFDs on stocks, bonds, indices, metals, commodities, energy resources, and cryptocurrencies. The brokerage site supports two trading platforms — MetaTrader 4 and MetaTrader 5. There are four trading accounts available, including a cent account. Spreads are floating, starting from 0 pips, and fees depend on the traded asset, with the lowest rate being 0.007%. The leverage is flexible, up to 1:1000. No minimum deposit is set. Deposits and withdrawals can be made using almost any method, including Visa and Mastercard cards, bank transfers, SEPA systems, FasaPay, LiqPay, etc. Passive income options include copy trading, investment portfolios, and funds. Additionally, there are several partnership program options. The broker offers comprehensive educational courses, with plenty of analytics and trading tools on the website. Several bonus programs are also available.
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- Free demo and cent accounts. No minimum deposit for trading accounts;
- Support for two top-trading platforms that are easily customizable with plugins;
- Hundreds of assets from eight groups and flexible leverage to increase profit potential;
- All typical deposit and withdrawal methods are available with no withdrawal fee;
- Three passive income options, plus four partnership programs for active traders;
- One of the best educational systems, newsfeeds, analytics, and special tools;
- Support via a call center, email, tickets, and live chat.
- Contracts for difference represent a large portion of the broker’s assets;
- Residents of Canada, Iran, North Korea, Japan, and some other countries cannot use the platform;
- The company does not support other platforms besides MT.
TU Expert Advice
Financial expert and analyst at Traders Union
Esperio is owned by OFG Cap. The company is registered in Saint Vincent and the Grenadines and is locally regulated. It is well-known in the global market for its competitive trading conditions. There have been no instances of failing to meet obligations to clients.
In addition to a free demo account, Esperio offers a cent account for trading microlots. The Standard, Invest, and ECN accounts differ in the supported platforms, the list of available assets, and leverage. Margin call, stop-out, and other general parameters are in line with those offered by most elite brokers.
Spreads start from 0 pips. Fees begin at 0.007%, depending on the traded asset. The broker's pool includes currency pairs and CFDs on stocks, bonds, indices, metals, commodities, energy resources, and cryptocurrencies. Leverage is flexible, with a maximum value of 1:1000. Trading conditions are 100% transparent. Traders can deposit and withdraw funds through various methods, including bank cards and transfers, as well as electronic payment systems. The broker does not charge a withdrawal fee, regardless of the chosen method.
Several alternative earning options are available, including copy trading. Clients can also hire a professional manager to create and manage an investment portfolio. Another option is to invest in the broker's fund. Esperio offers four types of partnership programs and regularly runs special promotions and bonuses, currently totaling four. These initiatives significantly lower the entry threshold and provide many advantages, especially for beginner traders. Speaking of beginners, the website features articles, newsfeeds, and analytics. The company also offers professional training through three programs. The programs are paid, but compared to other platforms, the cost is low, at $500 for 45 hours. Training is conducted in the trader's native language, and upon completion, participants receive a standard certificate.
Drawbacks mentioned in user reviews are mostly subjective. For example, some traders find the selection of currency pairs insufficient and would like to see other assets not in CFD form. Another relative drawback is the support for only two MT platforms. Those who prefer NinjaTrader, cTrader, and other solutions will be disappointed. Like any other broker, Esperio has regional restrictions.
Overall, the platform is recommended for cooperation based on the above factors.
Esperio Trading Conditions
Your capital is at risk. Contracts for Differences (“CFDs”) are complex financial products of a speculative nature that carry significant risks of capital loss. Trading CFDs, which are leveraged products, may result in the loss of your entire balance. Remember that leverage in CFDs can work in your favor or against you. CFD traders do not own or have any rights to the underlying assets. CFD trading is not suitable for all investors. Past performance is not a reliable indicator of future performance. Forecasts are not a reliable indicator of future performance. Before deciding to trade, you should carefully define your investment goals, assess your level of experience and risk appetite. You should not deposit more than you can afford to lose. Before entering into any transactions, you should ensure that you fully understand the risks involved and, if necessary, seek independent advice.
| 💻 Trading platform: | MT4, MT5 |
|---|---|
| 📊 Accounts: | Demo, Standard, Cent, Invest, ECN |
| 💰 Account currency: | USD, EUR |
| 💵 Deposit / Withdrawal: | Bank cards, bank transfers, e-payment systems |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | Flexible, up to 1:1000 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,1 pips |
| 🔧 Instruments: | Currency pairs, CFDs on stocks, bonds, indices, metals, commodities, energy, cryptocurrencies |
| 💹 Margin Call / Stop Out: | 60%/20% |
| 🏛 Liquidity provider: | N/A |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | There are demo and cent accounts plus three other trading accounts with no minimum deposit requirements. They offer a wide range of assets, tight spreads, favorable fees, three passive income options, extensive analytics and tools, comprehensive education, and multiple support channels |
| 🎁 Contests and bonuses: | Yes |
Typically, when a broker offers multiple trading accounts, the minimum deposit for each varies due to different conditions. Esperio is a rare exception. The company allows clients to choose from four trading accounts with different parameters, yet none of them have a set deposit requirement. This means users independently decide the deposit amount. Leverage depends on the chosen account and asset. The highest leverage for currency pairs is 1:100.
Esperio Key Parameters Evaluation
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Trading Account Opening
To start working with a broker, register on its website, verify your account, and open a user account. After that, you can deposit funds, download the trading platform, and begin trading. The process is straightforward and doesn't take much time, but TU experts have prepared a detailed guide to address many questions. It will also introduce you to the features of the user account.
Go to the official Esperio website. In the upper right corner, select your preferred interface language. Click on “Registration.”
Enter your name, email address, and create a password. Click “Register.”
Enter your full name, date of birth, phone number, and other details. Agree to the terms of cooperation by checking all the boxes at the bottom. Click "Open Account.”
The system will automatically create an account for you. In the future, you can open another one. You can deposit funds immediately by clicking the "Deposit" button or later through the corresponding option in your user account. Choose the appropriate deposit channel and follow the on-screen instructions.
Click on your name in the upper right corner and select the “Personal Information” section. Enter any information not previously specified. Verify your mail and phone. A control letter will be sent to your email and an SMS message will be sent to your phone.
Go to the “Correction of personal data” section. Attach scans/photos of two documents that confirm your identity and residential address. Click “Save” to send the information for verification.
Go to the “Trading Platform” section. Download the MT4 or MT5 platform, install it on your device, and launch it. Enter your registration details and start trading.
What's available in Esperio user account:
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My Accounts. Provides summary data on active accounts, options to open and close accounts, and quick deposit functionality;
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Deposit/Withdrawal. Offers options for deposits and withdrawals, displays exchange and bonus information, and includes a transaction archive;
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Support. Includes an extended support center with articles and a separate live chat for online consultation;
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Promos. Showcases periodic promotions offered by the broker (regular promotions are featured in the corresponding section of the website);
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Trading. Displays account history, including closed accounts, and provides platform distributions;
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Investing. Offers an integrated service for copying transactions, with options for both managers and investors;
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Analytical Review. Presents the latest news and analysis of quotes for each asset group;
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Partnership Tools. Provides marketing materials, a list of referrals, and access to the trader's partnership network.
Regulation and safety
Esperio has a safety score of 3.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Not tier-1 regulated
Esperio Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 SVG FSA |
Financial Services Authority of St. Vincent and the Grenadines | St. Vincent and the Grenadines | No specific fund | Tier-3 |
Esperio Security Factors
| Foundation date | - |
| Negative balance protection | No |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker Esperio have been analyzed and rated as Low with a fees score of 10/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of Esperio with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, Esperio’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
Esperio Standard spreads
| Esperio | Pepperstone | OANDA | |
| EUR/USD min, pips | 0,2 | 0,5 | 0,1 |
| EUR/USD max, pips | 0,6 | 1,5 | 0,5 |
| GPB/USD min, pips | 0,2 | 0,4 | 0,1 |
| GPB/USD max, pips | 0,6 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
Esperio RAW/ECN spreads
| Esperio | Pepperstone | OANDA | |
| Commission ($ per lot) | 3 | 3,5 | |
| EUR/USD avg spread | 0,1 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,1 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with Esperio. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
Esperio Non-Trading Fees
| Esperio | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
Typically, when choosing an account, traders consider their strategic preferences and goals. Clearly, the cent account is not suitable for full-scale trading. The Standard account is positioned as the most versatile option with low trading costs. The Invest account is more geared towards those looking to earn passively, while the ECN account is designed for professionals. Each account type has its own functions. For instance, the ECN account can only be accessed via the MT5 platform and is not available for MT4. The Invest account offers fewer financial instruments compared to other accounts.
Account Types:
If a trader has never worked with this broker before, it is logical to start with a demo account. The demo account allows exploring the platform and experimenting with strategies without financial risk. The cent account offers the same opportunities but with real funds. On the cent account, any losses are minimized since trades are made in cents or euro cents. From there, the trader can open a full trading account according to their needs.
Deposit and withdrawal
Esperio received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
Esperio provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Low minimum withdrawal requirement
- BTC available as a base account currency
- Bank wire transfers available
- No withdrawal fee
- Wise not supported
- Limited deposit and withdrawal flexibility, leading to higher costs
- PayPal not supported
What are Esperio deposit and withdrawal options?
Esperio provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, BTC, USDT.
Esperio Deposit and Withdrawal Methods vs Competitors
| Esperio | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | Yes | No | No |
What are Esperio base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. Esperio supports the following base account currencies:
What are Esperio's minimum deposit and withdrawal amounts?
The minimum deposit on Esperio is $0, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Esperio’s support team.
Markets and tradable assets
Esperio offers a wider selection of trading assets than the market average, with over 3000 tradable assets available, including 28 currency pairs.
- Crypto trading
- Copy trading platform
- Indices trading
- Futures not available
- Small selection of currency pairs
Supported markets vs top competitors
We have compared the range of assets and markets supported by Esperio with its competitors, making it easier for you to find the perfect fit.
| Esperio | Plus500 | Pepperstone | |
| Currency pairs | 28 | 60 | 90 |
| Total tradable assets | 3000 | 2800 | 1200 |
| Stocks | Yes | Yes | Yes |
| Commodity futures | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products Esperio offers for beginner traders and investors who prefer not to engage in active trading.
| Esperio | Plus500 | Pepperstone | |
| Bonds | Yes | No | No |
| ETFs | Yes | Yes | Yes |
| Copy trading | Yes | No | Yes |
| PAMM investing | No | No | Yes |
| Managed accounts | No | No | No |
Customer support
Can I fund my account with bank cards issued in the USA? What is the current spread on Brent Crude Oil CFDs? Is FasaPay withdrawal available in my country? Many trader questions arise from their inattention or lack of information. Additionally, the broker might not provide certain details on the website. No system is immune to failures, and users can encounter unusual situations. Esperio's support is available through multiple communication channels and operates conveniently from 9:00 to 21:00 GMT on weekdays. Only VIP clients with Gold and Diamond statuses receive 24/7 support.
Advantages
- Multiple communication channels
- Convenient operating hours
- High responsiveness and competence
Disadvantages
- 24/7 support is only available to certain VIP clients
Regardless of whether you are a current client, you can contact technical support during business hours with relevant questions and receive a competent response.
Here are the current contact methods:
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Call center;
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Email;
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Tickets at www.esperio.org/about;
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Live chat on the broker's website.
Esperio also has official accounts on Facebook, Instagram, and LinkedIn. You can contact support managers through these platforms as well. It is recommended to follow the broker to stay updated on news and promotions.
Contacts
| Registration address | Euro House, Richmond Hill Road, Kingstown, St Vincent and the Grenadines |
|---|---|
| Regulation | SVGFSA |
| Official site | https://www.esperio.org/ |
| Contacts |
+4 202 340 766 95
|
Education
Traders often come to brokers with no trading experience. Some platforms offer them educational materials like FAQs, glossaries, and articles. Esperio goes further. Besides providing a textual guide, the broker offers comprehensive training, including one-on-one sessions. Currently, three paid programs are available. The training is conducted in several languages, and taught by professional traders and analysts.
Interestingly, unlike most brokers who focus on beginners in their training offerings, Esperio does not. The company forms groups based on personal interactions with traders, tailoring the program to the appropriate level. This means even high-level professionals can learn a lot here.
Comparison of Esperio with other Brokers
| Esperio | Eightcap | XM Group | RoboForex | Exness | InstaForex | |
| Trading platform |
MT4, MT5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MultiTerminal, MobileTrading, MT5, WebTrader |
| Min deposit | No | $100 | $5 | $10 | $10 | $1 |
| Leverage |
From 1:1 to 1:1000 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
| Trust management | No | No | No | No | No | Yes |
| Accrual of % on the balance | No | No | No | 10.00% | No | No |
| Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points | From 0 points |
| Level of margin call / stop out |
60% / 20% | 80% / 50% | 100% / 50% | 60% / 40% | 60% / No | 30% / 10% |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Instant Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | Yes | Yes | Yes |
Detailed Review of Esperio
The trading platform Esperio is owned by OFG Cap, a major fintech company. Established in the market for many years, it employs best practices in the industry. For example, the platform was developed using a microservices architecture instead of a monolithic one, allowing any service to be scaled or modified without affecting core functions. Additionally, the broker offers virtual dedicated servers that ensure 24/7 operation. User funds are secured through segregated accounts, and overall security is enhanced by SSL protocols and authentication tokens. The platform is highly stable, with no recorded systemic bugs or significant failures. It also boasts an extensive infrastructure, including several partnership programs, copy trading, and a range of other services.
Esperio by the numbers:
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From 0 pips – raw spread;
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From 0.007% – fee for Forex;
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1:1000 – maximum leverage;
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3 types of passive income;
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4 referral programs.
Esperio is a comfortable broker for trading and investing.
The comfort level for trading is determined by several factors. Esperio offers hundreds of different types of assets, including FX and CFDs. Contracts for difference are available in the following categories: stocks, bonds, indices, metals, commodities, energy resources, and cryptocurrencies. This variety of financial instruments allows for risk diversification through a balanced investment portfolio. Additionally, it provides the opportunity to use a wide range of strategies, especially since the platform charges no restrictions. You can scalp, hedge, trade on news events, and use advisors. Flexible leverage increases profit potential even with minimal capital. Traders can trade with no leverage or with leverage up to 1:1000. It's also worth noting the support for multiple customizable platforms, the availability of special tools on the website, and up-to-date analytics. Plus, there are three investment projects for those who prefer passive income.
Useful functions of Esperio:
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Copy trading. Signal providers earn fees from investors, who in turn receive passive income and gain unique experience by transparently observing the providers;
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Economic calendar. A fundamental analysis tool. It presents a table of significant events, indicating the affected asset and forecasts for its price changes;
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Trading Central. A comprehensive analytical tool. Traders receive trends, expert opinions, and even signals, greatly facilitating predictions.
Advantages:
The broker offers a free demo account, a cent account, and three other trading accounts with no minimum deposit requirements;
Spreads are both standard and raw, starting from 0 pips, with competitive fees and no withdrawal fees;
Users have the option to earn 100% passively or through partnership programs;
The platform operates transparently, with technical support available through multiple channels and convenient schedules;
The broker provides professional training for traders of all levels, with competitively priced programs.
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