Esperio is a Forex broker with 4 account types [Standard, Cent, Invest, MT5 ECN, Demo] in addition to a demo account.
You can access leverage of up to 1:1000 with no minimum deposit requirements with this brokerage, plus 24/7 support if you are a VIP-tier client.
Esperio Company Information & Regulation
This company is a financial services provider founded in 2012. It operates under its parent organization, OFG Cap Ltd.
Esperio's operations are regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.
The parent company is registered at 2482 LLC 2022, Euro House, Richmond Hill Road, Kingstown, St Vincent and the Grenadines.
Esperio Specifics Summary
In this section of the review, we have provided a snapshot of the main features and specifics of the company:
Broker | Esperio |
Account Types | Standard, Cent, Invest, MT5 ECN, Demo |
Regulating Authority | SVG FSA |
Based Currencies | USD, EUR |
Minimum Deposit | None |
Deposit Methods | VISA, MasterCard, Wire, SEPA, OWNR Wallet, Fasapay, MNTX, BTC, USDT |
Withdrawal Methods | VISA, MasterCard, Wire, SEPA, OWNR Wallet, Fasapay, MNTX, BTC, USDT |
Minimum Order | 0.01 Lots |
Maximum Leverage | 1:1000 |
Investment Options | Copy Trading |
Trading Platforms & Apps | MetaTrader 4, MetaTrader 5 |
Markets | Forex, Commodities, Indices, Stocks, energies, crypto, ETFs, Bonds |
Spread | From 0 |
Commission | Varies by Account Type and Market |
Order Execution | Market |
Margin Call / Stop Out | 100% / 10% on Invest Account 60% / 20% on Other Accounts |
Trading Features | Double Deal, Economic Calendar, Terminology |
Affiliate Program | Yes |
Bonus & Promotions | Extra Empower, Double Empower, Empower Cashback, 2% per month - 24% per year |
Islamic Account | Yes |
PAMM Account | No |
Customer Support Ways | Email, ticket, Live Chat, Phone Call |
Customer Support Hours | 24/7 for VIP Clients |
Trading Accounts: Types + Comparison
Esperio offers 4 account types, differentiating in terms of margin call level, stop out, trading terminals, leverage, and more. Here is a table making a comparison between these accounts:
Account Types | Standard | Cent | Invest | MT5 ECN |
Min. Deposit | 0 | |||
Account Currency | USD, EUR | |||
Execution Type | Market | |||
Trading Platforms | MT4 | MT4, MT5 | MT5 | MT5 |
Margin Call / Stop Out | 60% / 20% | 60% / 20% | 100% / 10% | 60% / 20% |
Swap-Free | On Demand | None | ||
Max. Leverage | 1:1000 | 1:1000 | None | 1:500 |
Also, a demo account is provided for practice trading.
Benefits and Drawbacks
All Forex Brokers have a set of advantages and disadvantages. Let's investigate the pros and cons of trading with Esperio:
Benefits | Drawbacks |
High Diversity in Tradable Markets | No High-Tier Regulation |
High Leverage for Assets | Limited Information on the Company's History and Leadership |
Copy Trading Service | - |
Access to Both MetaTrader Platforms | - |
Esperio Broker Account Opening and Client Verification Guide
Registering with Esperio takes less than 3 minutes and only requires your name, email, and a secure password. Once signed up, you can proceed with verification and access all trading features.
#1 Visit the Esperio Official Website
Go to the Esperio homepage and click “Registration” to launch the sign-up form.
#2 Fill out the Esperio Form
Enter your full name, email address, and create a strong password. Then click to complete registration.
#3 Esperio KYC
For full access, go to the verification section from your profile and submit the required documents, such as your passport, while following the instructions.
Trading Platforms and Terminals
Esperio provides traders with access to two of the most popular and powerful trading platforms in the industry:
Both platforms offer:
- Real-time quotes and market news
- One-click trading and order execution
- Multiple order types and various trading tools
- Detailed trading history and account information
The platform is available on various operating systems. We have mentioned the versions in the list below:
- MT4 Windows
- MT5 Windows
- MT5 iOS
- MT4 Android
- MT4 iOS
- MT4 Web
- MT5 Android
- MT5 Web
Spreads and Commissions on Esperio
The broker has a specific spreads and fees structure for each account type. We will go through the trading costs in the table below:
Account Type | Spread | Commission |
Standard | Starting from 0 Points | 0.007% on Forex, Metals, Indices, Energies, Commodities, and Bonds |
Cent | MT4: 0.01% on Forex, Metals, Indices, and Energies - 0.13% on US/EU Stocks - 0.007% on Commodities and Bonds - 0.4% on Cryptocurrencies MT5: 0.012% on Forex, Metals, Indices, and Energies - 0.1% on US/EU Stocks - 0.3% on Cryptocurrencies | |
Invest | 0.007% on Metals, Indices, Commodities, Bonds, and Asian/EU Shares – 0.3% on US/EU Stocks, ETFs, and Cryptocurrencies | |
MT5 ECN | From 0.2 Points | 0.007% on Metals, Indices, Energies, Commodities, Bonds – 0.1% on US/EU Stocks, 0.3% on Cryptocurrencies |
Besides the mentioned spreads and costs, there are not any other types of fees in working with the broker. Furthermore, the brokerage compensates "commission expenses" applied by the payment systems.
Funding Options and Methods
Esperio provides a variety of options for funding your account and withdrawing profits. We will mention them in this section:
- Credit/Debit Cards: VISA/Mastercard
- Bank Transfers: Wire, SEPA
- Crypto: BTC, USDT, OWNR Wallet
- Other Solutions: Fasapay, MNTX
Copy Trading and Other Investment Options in Esperio
The broker offers a copy trading service with no time limits. The company has stated these points as the advantages for the feature:
- High speed in operations
- Transparency in the interaction between the follower and the investor
- Fairness provided by a special system
- Full control over the orders
Trading Instruments and Assets
Esperio provides access to a wide array of +3,000 assets in 8 financial markets:
- Forex: Major, minor, and exotic currency pairs
- Commodities: Metals (gold, silver), agricultural products
- Indices: Major global stock indices
- Stocks: US, EU, AU, and Asian shares
- Energies: Oil and natural gas
- Cryptocurrencies: coins/token symbols against USD
- ET Fs: Exchange-traded funds
- Bonds: SCHATZ and TNOTE
What Kind of Bonuses and Promotions are Available on Esperio?
The broker has so much to offer in case of bonuses. In this section, we will examine 4 promotions provided by the brokerage:
- Extra Empower: 50-100% bonus on $50,000+ deposits to support trading during drawdowns
- Double Empower: 100% bonus on deposits between $500 and $3,000
- Empower Cashback: Up to 15% reimbursement of trading losses for VIP clients
- 2% Monthly / 24% Annual: Passive income on account balances of $1,000+ (with trading volume requirements)
Note that these bonuses are subject to terms and conditions. Read the related T&C carefully to get the most out of these promotions.
Support Contact Options and Schedule
Esperio offers multiple familiar channels for customer support that are available for anyone regardless of being a client:
- Email: support@esperio.org
- Live Chat: Available on the website
- Phone: +4 202 340 766 95
- Support Ticket: Through the "About" area
Regular support hours are 9:00 to 21:00 GMT, weekdays, while VIP clients with Gold or Diamond statuses ($100,000+ account balance) enjoy 24/7 support.
Banned Countries Overview
While Esperio serves clients from all over the world, certain restrictions apply, similar to other brokerages. As stated on the official website, the list includes:
- Canada
- Saint Vincent and the Grenadines
- USA
- Iran
- North Korea
- Japan
- Lithuania
Note that, according to the broker, other restrictions may apply based on local regulations. Traders should verify their eligibility to use the broker's services based on their country of residence.
Esperio Trust Scores and User Ratings
We consider several websites such as the Trustpilot, REVIEWS.io, and ScamAdviser as reliable sources for trust evaluations and user ratings.
The discussed broker has received mixed reviews across these platforms:
- Trustpilot: 3.7/5 with +60 reviews
- Esperio Reviews.io: 3.8/5, based on more than 110 user scores
- ScamAdviser: Trustscore 46/100, user review 3.4/5 (+130 reviews)
Educational Materials and Guides
Esperio provides its educational sources in various forms, such as:
- START-UP Course for Beginners: 45 hours of group classes ($250)
- CONFIDENCE Course for Advanced Traders: 30 hours of individual classes ($500)
- SPEED-UP Course for Professionals: On-demand individual master classes ($50 per class)
Plus, the company provides access to assistant tools, including an economic calendar and a terminology, in addition to market news articles, reviews, and Trading Central exclusive analytics.
Esperio in Comparison with Other Brokers
Here is a quick overview of the differences between Esperio and other well-known brokers; Esperio Comparison:
Parameters | Esperio Broker | TMGM Broker | FBS Broker | Alpari Broker |
Regulation | SVG FSA | ASIC, VFSC, FSC, FMA | FSC, CySEC | MISA |
Minimum Spread | 0.0 Pips | 0.0 Pips | 0.0 Pips | 0.0 Pips |
Commission | From 0.007% | $3.5 in EDGE, $0.0 in CLASSIC | From $0 | From 0 on Trading (depending on the account type and payment method) |
Minimum Deposit | None | $100 | $5 | $50 |
Maximum Leverage | 1:1000 | 1:1000 | 1:3000 | 1:3000 |
Trading Platforms | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5, IRESS, TMGM Mobile App | MetaTrader 4, MetaTrader 5, Mobile App | MetaTrader 4, MetaTrader 5, WebTrader |
Account Types | Standard, Cent, Invest, MT5 ECN, Demo | EDGE, CLASSIC | Standard | Standard, ECN, Pro ECN, Demo |
Islamic Account | Yes | Yes | Yes | Yes |
Number of Tradable Assets | 3000+ | 12000+ | 550+ | 750+ |
Trade Execution | Market | Market Execution, Limit Order, ECN | Market | Market |
Conclusion And Final Words
Esperio has received a 3.7/5 score on the Trustpilot website, based on over 60 reviews. Moreover, users on "REVIEWS.io" have submitted an average of 3.8/5 with +110 ratings.
Furthermore, the ScamAdviser website has given a "Trustscore" of 46/100 to the discussed company.