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Eddid logo

Eddid

Regulated
Hong Kong
,
Since 2015
Last Updated:
59/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
N/A
Account Types
StandardBasicPro

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

4 methods

Bank Transfer

bank transfer
3 days
Fee:
Free
Fee:
Free

Credit/Debit Cards

credit card
Instant
Fee:
Free
Fee:
Free

E-Wallets

e wallet
2 days
Fee:
Free
Fee:
Free

Local Payment Methods

other
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 75%, 2: License 75%, 3: Software 0%, 4: Spread 0%, 5: Account Type 24%, 6: Symbol 0%
Regulation
75%Good
License
75%Good
Software
0%Poor
Spread
0%Poor
Account Type
24%Poor
Symbol
0%Poor

Company Information

Full Name:Eddid Holdings Group
Founded:2015
Headquarters:Hong Kong
Enterprise Offices:1offices

Customer Support

Phone:
+852 26550300
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Eddid: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

It is important for the trader, novice or seasoned, to choose just the right broker in this ever-dynamic world of financial trading. Eddid positions itself as a trading broker and financial services company seeking to provide an extensive trading environment in all manners possible. While the financial markets continue to move so briskly, these brokers aim at presentation of platforms and services per growing and expanding trading needs.

It provides an overview of the background, features, regulations, trading conditions, fees, and user experience of Eddid. Although there is not much info on Eddid, in this review, all the available information will be provided to help traders in deciding whether trading with this broker is worth the risk or not.

Background and History

Specific details on Eddid's history and its date of establishment are scarce. It seems that this broker is either relatively new or operates with a low public profile, which could explain the scarcity of detailed background data. Nevertheless, Eddid positions itself as a financial services company that specializes in trading solutions.

Lacking extensive historical data, the company's origins, founding team, and growth trajectory are hard to trace. On the other hand, emphasizing trading services a lot means great care taken regarding serving clients in financial markets.

Key Features and Offerings

Detailed features of Eddid are not well-documented, as there is limited publicly available information on the broker. In general, trading brokers offer access to a financial instrument set, trading platforms, and account types targeted at different trader profiles.

Eddid shall, on prudent grounds, be supposed to provide a suite of trading instruments and platforms sufficient to meet the demands of novice and accomplished traders alike, though the extent of the same is uncertain without hard data.

Licensing and Regulatory Compliance

Regulatory oversight is critical to choosing a broker because it means the adherence to standards in the industry and protection for clients. Unfortunately, little or no information was available regarding Eddid's regulatory licenses or even its compliance status.

Traders should approach with caution and confirm through direct contact with Eddid about their regulatory credentials before opening an account or depositing funds to start trading.

Regulator

License Number

Status

Information is scarce.

Limited information available

Limited information available

Trading Conditions and Technology of the Platform

Trading conditions include spreads, leverage, and minimum deposit requirements, which form the basis of a broker's suitability. In addition, trading platform technology impacts execution speed, reliability, and user experience.

At the moment, exact details on Eddid's trading conditions and platform technology are not available to the public. Prospective clients should check directly with Eddid for more precise information.

Trading Condition

Information

Spreads

Limited information available

Leverage

Limited information available

Minimum deposit

Limited information is available.

Platform Technology

Limited information available

Fee Structure

Fee structure is important to be understood by the trader for effective cost management. A fee will vary, including but not limited to commissions, spreads, deposit, and withdrawal charges, plus inactivity fees.

At this time, there is no detailed public information about the fee structure at Eddid. Traders interested in this broker should request a detailed schedule of fees from the company directly.

Fee Type

Information

Fees for Deposits

Limited available information.

Withdrawal Fees

Limited information available

Commission

Limited information is available

User Experience and Market Reputation

Client feedback and market reputation are indicative of a broker's reliability and quality of service. Unfortunately, there aren't available reviews or any kind of testimonials regarding Eddid.

It is difficult to assess customer service of the broker, the level of usability of the platform, or general satisfaction without confirmed user experiences. Due diligence would be required for prospective clients, and direct communication with representatives of Eddid is recommended.

Introduction Recent Developments

There are no documented recent developments or announcements about Eddid that are publicly known. This could be due to stable operations or low media coverage.

Readers are, however, advised to take note of official communications from Eddid or any information obtained through contact with the company for updates.

Conclusion

Eddid claims to be a trading broker and financial services company, but due to the general lack of information in the public domain about them, it can be tricky to assess their contribution in depth. Details around regulatory status, trading conditions, fee structures, and feedback from users are all pretty much closed to public scrutiny. Prospective traders would be well advised to conduct their due diligence on Eddid prior to investing; also, it is constructive if the broker can provide more information directly. Carefully consider the inherent risk before using this service to trade. After all, transparency and regulatory compliance form the backbone of success within the financial services industry, so these elements should certainly be verified when seeking any sort of trading environment.

Regulation check

Regulatory Licenses

Eddid is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked row is not a finding either way.

0 of 4 checked
4Licences on record
0Confirmed on register
4Tier 1 or 2
0Offshore

How far our check got

  • 4 not yet checked
  • SFCTier 1Hong KongDealing in futures contracts

    What the register says

    Type
    Dealing in futures contracts

    Client protection under this licence

    • No compensation schemeNo mandatory insurance (but strict fund segregation)
    • Client money kept separate
    • Negative balance protection
    • Complaints routeSFC Complaints / FDRC
    • Maximum leverage1:13

    These are the rules SFC sets for the firms it licenses. They are not a statement about how Eddid applies them, or about which of its companies would hold your account.

    About Securities and Futures Commission

    Onshore regulatorGovernment bodyCompensation: No mandatory insurance (but strict fund segregation)Public registerTransparency: high
    Typical cost of this licence
    HKD 500000+
  • SECTier 1 (securities)United StatesDealing in securities

    What the register says

    Type
    Dealing in securities

    Client protection under this licence

    • Compensation schemeSIPC insures up to $500,000 per customer (including $250,000 cash)
    • Complaints routeSEC Tips/Complaints/Referral
    • Maximum leverage1:50

    These are the rules SEC sets for the firms it licenses. They are not a statement about how Eddid applies them, or about which of its companies would hold your account.

    About Securities and Exchange Commission

    Onshore regulatorGovernment bodyCompensation: SIPC insures up to $500,000 per customer (including $250,000 cash)Public registerTransparency: medium
    Typical cost of this licence
    Varies; FINRA and SEC registration fees
  • FinCENN/A for broker licensingUnited StatesFinancial Service

    What the register says

    Type
    Financial Service

    Client protection under this licence

    • No complaints route
    • Maximum leverageVaries by firm / local rules

    These are the rules FinCEN sets for the firms it licenses. They are not a statement about how Eddid applies them, or about which of its companies would hold your account.

    About Financial Crimes Enforcement Network

    Onshore regulatorGovernment bodyCompensation: Varies by jurisdictionPublic registerTransparency: medium
  • MASTier 1SingaporeFinancial ServiceNo. CMS101839

    What the register says

    Licence number
    CMS101839
    Type
    Financial Service

    Client protection under this licence

    • No compensation schemeNo mandatory insurance (but strict fund segregation)
    • Complaints routeFIDReC
    • Maximum leverage1:20

    These are the rules MAS sets for the firms it licenses. They are not a statement about how Eddid applies them, or about which of its companies would hold your account.

    About Monetary Authority of Singapore

    Onshore regulatorGovernment bodyCompensation: No mandatory insurance (but strict fund segregation)Public registerTransparency: high
    Typical cost of this licence
    SGD 500000+
Where we have checked a licence, it was checked against the issuing regulator's own register. Register wording is quoted as found.See all tier-1 regulated brokers
Trading accounts
Updated

Account Types

3 account types on record. Leverage up to 1:1.

3 account types
AccountMin DepositLeverageCommission
StandardNot recorded1:1Not specified
BasicStandardNot recorded1:1Not specified
ProVIPNot recorded1:1Not specified
Account names and conditions as published by Eddid, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

4 ways to fund an account. 2 credit instantly.

4 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank TransferBank TransferEddid does not reimburse fees incurred during bank transfers. Widely accepted across various regions.Not recordedNot recordedCNY 3,000Not recordedNot recorded3 days
Credit/Debit CardsCredit CardAccepted in many countries, but may not be universally available.Not recordedNot recordedNot recordedNot recordedNot recordedInstant
E-WalletsE-WalletAvailability may vary based on the specific e-wallet service.Not recordedNot recordedNot recordedNot recordedNot recorded2 days
Local Payment MethodsOtherSpecific to the Hong Kong market.Not recordedNot recordedNot recordedNot recordedNot recordedInstant
Fees, limits and processing times as published by Eddid, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • www.eddidusa.comActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Legal entities

Corporate Network

One legal entity behind the Eddid brand.

1 entity
  • Eddid Holdings Group LimitedActiveHong KongRegistration 2787334Established May 27, 2019
Entities named in the broker's own documents and company registers, recorded by Wikilix.

Comments

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