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Ellevest Guide – Read our In-Depth Ellevest Review

Ellevest Rating: 2.28 / 10

This page contains information about investing with Ellevest. It is intended for educational purposes only and should never be considered financial advice. CompareBrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.

All of the information about the brokers you see reviewed on CompareBrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.

Your capital is at risk

This Ellevest review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Ellevest review does not apply to users in Brazil, Republic of Korea, Islamic Republic of Iran, Iraq, Syrian Arab Republic, Japan, and United States.

This Ellevest review contains the most recent information about Ellevest.

If you are a new entrant in the realm of trading and broker, so many details will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough understanding. You will acquire proficient at all the concepts of brokerage since you keep trading. For starters, you have to choose the ideal agent who'll be clear with you always.

In this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program could help you in minimising any potential losses and maximising any profits. Ellevest is just one such broker which will assist you. It is crucial to understand about Ellevest before you trust them with your cash.

Ellevest review screenshot

Ellevest Review for 2022 – Quick Summary

Ellevest Telephone Number:
Ellevest Email Address:
Ellevest Address:
Year Founded: 2008
Regulated By: Unregulated
Hedquarters: USA
Minimum Deposit: $1
Number Of Clients: 10,000+ Ellevest users and traders
Ellevest LinkedIn:
Ellevest Facebook:
Ellevest Facebook Likes: 0
Ellevest Twitter: @
Ellevest Twitter Followers: 0
Ellevest Instagram:
Ellevest Instagram Followers: 0
Ellevest Youtube:

Your capital is at risk

Our entire Ellevest Review covers all you need to know about trading using Ellevest. A fantastic broker can use your first investments and help to protect it from losses but also give you a platform that can give you favourable profits. If you want to make profits, you must trade with a broker service that contrasts with your investing goals.

There's absolutely no sure-fire way to guarantee profits; therefore, you should carefully assess your agent before you choose them. It's a frequent misconception that all brokers are the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.

Ellevest is a broker which has forged its way successfully to the brokerage world. Within this review, we've attempted to collate a number of the important aspects of Ellevest. This review can allow you to understand whether Ellevest is a fantastic match for your investments or not. We've attempted to breakdown all the qualities and fees for your advantage.

Ellevest Review, Table Of Contents

Who are Ellevest?

Ellevest is a forex broker headquartered in USA and provides a range of tools for online trading. Since its establishment in 2008, Ellevest has emerged as a top player in the industry of online broker. Ellevest includes a highly competitive and full-featured trading site that is focused on forex, indices, metals, stocks and commodities.

Over the past 14 years, Ellevest has grown into one of the leading online brokers.

After launching in 2008, their consumer base is becoming as big as 10,000+ clients.

Ellevest is the favourite for many dealers.. Our Ellevest review found that they're an superb choice for automated trading solutions. It is best suited for investors who are searching for a variety of assets. Social and automated trading solutions are the heart at Ellevest.

Technology plays a significant role at Ellevest. Ellevest features trading on Windows, Android, Mac OS, iOS. Ellevest is honest, transparent, and also a well-regulated agent by the Unregulated. Their outstanding array of resources will be beneficial for most traders. Third-party partnerships also supply in-house analysis.

The educational department at Ellevest is very insightful for new dealers since it allows them to get a closer look at the financial markets. Ellevest caters to all types of traders and are a must-have broker for almost any well-diversified method of online trading.

Ellevest Videos

Benefits of doing online trading with Ellevest in 2022

Trading with Ellevest comes with numerous advantages. These benefits are what sets Ellevest apart from all other online brokers. You should check all the benefits listed so that you have a better understanding of Ellevest.

The agent goes to great lengths to comprehend what dealers want. Consequently, the support, fast, and convenient. The agent also provides a variety of platforms for all kinds of traders. Ellevest helps to ensure that the individual needs of all online traders are met to the best of their ability.

Ellevest also features excellent trading conditions that are available to only an elite class of institutional clients. The tight spreads and quick executions are a fantastic benefit for the traders. The technology adopted by Ellevest is among the maximum caliber, ensuring that it's fast, reliable, and efficient.

Ellevest acknowledges the significance of having a quick order execution. A quick implementation will allow users to exchange without fretting about slippage safely. It will also help the traders to catch any opportunities.

Ellevest has over 275 trading tools to support all types of traders. These tools are lively and convenient for both the new and experienced traders. The traders can set aside all their worries when trading using Ellevest.

Ellevest overview

Year Founded: 2008

Regulated By: Unregulated

Hedquarters: USA

Minimum Deposit: $1

Number Of Clients: 10,000+

Your capital is at risk

If you feel that Ellevest is not right for you then at the bottom of this Ellevest review you wil find a lot of alternatives to Ellevest.

Everything you should know about trading using Ellevest

Ellevest is a lively platform that provides various methods of trading online. These tools cover the monetary markets substantially. The Majority of the brokerage platforms provide fewer methods than Ellevest

If you wish to exchange with Ellevest, you'll need a minimum deposit of $1. This deposit is required if you want to begin trading with Ellevest. This 2022 Ellevest review will direct you safely about trading with them.

Ellevest is as flexible as any other broker platform. Ellevest is great for traders that want a manageable selection of cheap services. The programs offered by Ellevest are third party, white-label offerings. All traders may select out of Windows, Android, Mac OS, iOS.

Together with everything, Ellevest has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a trade must be kept available. The brokers provide premium customer service which rewards customers with benefits.

Many less reputable brokers attempt to pressurise customers into larger financing for premium services. Ellevest, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be just, honest and transparent. The more lots traded by the consumer, the more benefits will come along.

Ellevest accounts are available all over the world and provides quality service wherever they have clients. There are a few countries where Ellevest accounts are not available. Traders in the following countries cannot open or use a Ellevest account:

Brazil, Republic of Korea, Islamic Republic of Iran, Iraq, Syrian Arab Republic, Japan, and United States.

Is Ellevest Safe To Trade With in 2022?

Launched in 2008, Ellevest has been operating for 14 years, they are headquarted in USA.

Ellevest is regulated by Unregulated. These figures have rules that ensure that trading platforms have steps in place to keep investor's assets procured. This means that Ellevest users don't need to worry about their money as it is segregated and safely kept in established banks. SSL encryption simplifies each user's private information as well.

You can make use of a choice for 2 Factor Authentications (2FA) with Ellevest for heightened safety. An SMS for the confirmation code will be sent to a mobile phone. You'll be asked to enter this code to log into your accounts.

Another concern with financial brokers is in respect to safety may be manipulation of trading. This is highly disadvantageous to users on these platforms. However, this is much more prevalent in the example of Market Maker brokers who compete with customers on the platform.

Ellevest Risk Disclaimer

Your capital is at risk

Pro's & Con's Of Trading With Ellevest

Every online trading platform will have a few ups and downs, and no Ellevest review would be complete without having a balanced approach. This Ellevest review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Ellevest Pro's

  • Ellevest is trusted by 10,000+ clients
  • Ellevest has low minimum deposit requirements
  • Ellevest offer trading on Windows, Android, Mac OS, iOS
  • Ellevest offer 275 trading instruments
  • Ellevest can communicate in English, and Chinese

Ellevest Con's

  • Ellevest does not offer Negative Balance Protection
  • Ellevest does not offer Guaranteed Stop Loss
  • Ellevest charge withdrawal fees
  • Ellevest charge inactivity fees
  • Ellevest charge deposit fees
  • Ellevest doesn't trade major forex pairs
  • Ellevest doesn't trade minor forex pairs
  • Ellevest doesn't trade exotic forex pairs
  • Ellevest doesn't offer trading on cryptocurrencies
  • Ellevest charge CFD fees
  • Ellevest doesn't offer social trading
  • Ellevest doesn't offer copy trading
  • Ellevest doesn't offer trailing stop

Ellevest Review - Compare Brokers Similar To Ellevest

Ellevest
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hotforex
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Pepperstone
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eToro
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Rating 2.28 / 10 6.25 / 10 7.86 / 10 8.6 / 10
Minimum Deposit $1 $250 $200 $50
Year Founded 2008 2012 2010 2007
Headquarters USA United States Australia Cyprus, UK
Regulated By Unregulated Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F255 Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Clients 10,000+ 30,000+ 10,000+ 20,000,000+
Find Out More


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money


67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies

Ellevest Review - Regulation And Licencing In More Detail

Ellevest is regulated by Unregulated.

Ellevest, as a company, has a powerful collection of rules for ensuring fair trading on its platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).

As per the organization's privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.

Ellevest Review - Awards

At the time of writing this Ellevest review, and despite Ellevest’s impressive offering, the company has surprisingly not garnered any other awards to date.

Ellevest Trading Platforms

Ellevest are a trustworthy trading platform that has been trading for over 14 years. They offer a large range of options in their user accounts.

Below we take the main parts of any reputable online broker and compare Ellevest with hotforex, Pepperstone, and eToro

Ellevest
learn more about Ellevest
hotforex
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Pepperstone
learn more about Pepperstone
eToro
learn more about eToro
Demo Account Yes Yes Yes Yes
Proprietary Platform Yes
Windows App Yes Yes Yes Yes
Mac App Yes Yes Yes Yes
Linux App No No No Yes
Social Trading No No Yes Yes
Copy Trading No Yes Yes Yes
MetaTrader 4 (MT4) Yes Yes No Yes
MetaTrader 5 (MT5) Yes Yes Yes Yes
cTrader Yes Yes Yes Yes
DupliTrade Yes Yes No Yes
ZuluTrade No


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money


67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies

Ellevest Review - Ellevest MetaTrader 4 (MT4)

MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.You can start using the MetaTrader 4 platform with Ellevest in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Ellevest MetaTrader 4 is compatible with the latest macOS. Ellevest allows traders to trade on mobile devices through Android and iOS devices.

Metatrader 4 Webtrader and Ellevest

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.

Trading With Ellevest MetaTrader 4 On iOS Devices

You can download the Ellevest app or also trade with Ellevest through the MetaTrader 4 application on the Apple app store.

Download the Ellevest MetaTrader 4 Program free of charge from Apple's App Store. Ellevest customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.

Trading With Ellevest MetaTrader 4 On Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Ellevest provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Ellevest MetaTrader 4 Android application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.

Ellevest Review - Minimum Deposit Required

The minimum deposit that you must deposit to begin on Ellevest is $1. This is a decent amount for those just beginning. It's possible to make more complex deposits as you go along. But, ensure you know how to make the most of your money before investing larger amounts.

Ellevest Review - Commission And Fees Explained

Ellevest is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. That is, an online broker is not necessarily affected by the amount of clients they have.

But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are primarily three types of penalties for this objective.

The first kind of fees to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In these cases, you're paying a spread, financing rate, or even a commission. The kinds of trading charges and the prices vary from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the flip side, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are people that are billed when you maintain a leveraged position for more than daily.

Aside from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your accounts. They are billed for operations like depositing cash, not investing for lengthy periods, or withdrawals.

Generally, Ellevest doesn't charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who regularly exchange, for example daily or weekly trading.

However, non-trading fees billed by Ellevest are relatively lower. Consequently, you're billed more for non-trading activities on your trading accounts, such as withdrawal and deposits. These are not related to the sale and purchase of assets.

This Ellevest review breaks down each of the relevant non-trading charges for you in detail.

Compare Broker Fees Of Ellevest

Ellevest
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hotforex
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Pepperstone
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eToro
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Minimum Deposit $1 $250 $200 $50
Withdrawal Fees Yes Yes No Yes
Inactivity Fees Yes Yes Yes Yes
Deposit Fees Yes No No No
CFD Fees Yes No Yes No


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money


67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies

Ellevest Review - Withdrawal Fees Explained

Ellevest charges a withdrawal fee if you make a bank transfer. Each time you transfer money back into your bank account, these withdrawal charges become applicable.

Withdrawal of cash is possible at any time from the Ellevest account. You can draw sums up to the sum of your account balance, keeping aside the margin utilized. One thing to remember is that you don't necessarily have to have any money in your account.

Moreover, the withdrawn money will be transferred directly to the accounts you use to create deposits. Therefore, if you used a credit card for deposits, then the withdrawn money will be sent into the card. Ellevest will ask you to offer other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you're withdrawing cash in various currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the currency you are choosing to draw in.

Ellevest Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of the buzzing questions which run through your head while open an account with Ellevest. An inactivity fee is an amount charged to registered dealers that haven't participated in purchasing or selling for a while. The period regarded as inactive is decided by the broker.

The inactivity fee also differs from one broker to another and is not generalized. If a dealers account does not have a buying or selling transaction, it's maintained by the broker as an inactivity fee. The traders need to pay this fee under terms and conditions that they had agreed while enrolling.

Ellevest charges an inactivity fee when you don't make any trades for a while.

Even if no fees are implied by Ellevest, it is better for you to close the account if you are inactive. Inactivity fees are not only charged by brokerage firms but also many financial services.

For additional trading platforms, the inactivity fee is contingent upon the type of account you've selected. The inactivity fee is subjected to many conditions and should be revealed clearly by the agent beforehand.

Ellevest Review - Deposit Fees Explained

When you transfer money into your trading account from your bank account, a deposit fee can be billed by the broker. Most agents do not charge too much money for this operation.

Ellevest charges a deposit fee for transferring money into your trading account.

Depositing cash on the Ellevest trading platform is easy. You just need to finish a single-user profile questionnaire to begin depositing money into your trading account. You will need to give an identity proof and proof of residency to deposit large amounts.

Ellevest Review - Compare Broker Deposit Methods

Ellevest
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hotforex
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Pepperstone
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eToro
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Minimum Deposit $1 $250 $200 $50
Credit Card Yes Yes Yes Yes
PayPal No Yes Yes Yes
Neteller No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer Yes Yes Yes Yes


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money


67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies

What Can You Trade With Ellevest in 2022?

Note: Ellevest offers many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered may differ depending on the country of residence of the client.

Ellevest has a wide variety of over 275 instruments available for you to trade with.

If trading currency pairs is of interest to you then Ellevest offer over forex pairs.

Compare Ellevest, hotforex, Pepperstone & eToro below.

Ellevest
learn more about Ellevest
hotforex
learn more about hotforex
Pepperstone
learn more about Pepperstone
eToro
learn more about eToro
Platforms Windows, Android, Mac OS, iOS MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
Instruments Available 275 138 100 100
Forex & Crypto
Forex Pairs Available 108 70 50
Offers Major Forex Pairs? No Yes Yes Yes
Offers Minor Forex Pairs? No Yes Yes Yes
Offers Exotic Forex Pairs? No Yes Yes Yes
Offers Cryptocurrencies? No Yes Yes Yes
Commodity CFD's
Commodities Offered 0 54 16 50
Trade Metals? No Yes Yes Yes
Trade Energies? No Yes Yes Yes
Trade Agricultural? No No No Yes
Indiced & Stock CFDs
Stocks Offered 54 16 50
Trade UK Shares? No No No Yes
Trade US Shares? No No No Yes
Trade German Shares? No Yes Yes Yes
Trade Japanese Shares? No No No Yes


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money


67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies

Reviewing The Ellevest Mobile App

Note: Ellevest's mobile app has many functions and is being constantly developed. The table below was accurate at the time of compiling this Ellevest review.

Understand the capabilities of the mobile apps of Ellevest, hotforex, Pepperstone & eToro below.

Ellevest
learn more about Ellevest
hotforex
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Pepperstone
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eToro
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Basic Alerts / Push Notifications Yes Yes Yes Yes
Watchlists
Has A Watchlist Yes Yes Yes Yes
Watchlist Syncs Across Platforms No Yes Yes Yes
Indicators And Charts
App Indicators Yes Yes Yes Yes
Can Draw Trendlines No Yes Yes Yes
Can Move Trendlines Yes Yes Yes Yes
Has Multiple Timeframes No Yes Yes Yes
Saves Charts Yes Yes Yes Yes
Other Broker Mobile App Functions
Has Economic Calendars Yes Yes Yes Yes


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money


67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies

Trading Education Available At Ellevest

Understand the trading resources available with Ellevest, hotforex, Pepperstone & eToro below.

Ellevest
learn more about Ellevest
hotforex
learn more about hotforex
Pepperstone
learn more about Pepperstone
eToro
learn more about eToro
Forex Education Yes Yes Yes Yes
CFD Education No Yes Yes Yes
Regular Client Webinars Yes Yes Yes Yes
Archived Webinars No Yes Yes Yes
Beginner Trading Videos Yes Yes Yes Yes
Advanced Trading Videos Yes Yes Yes Yes
Investor Dictionary (Glossary) Yes Yes Yes Yes
PDF Trading Guides No Yes Yes Yes


Your capital is at risk


Your capital is at risk


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money


67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies

Ellevest Customer Support

While collating this Ellevest review we understood the customer service options including response times, and the Ellevest trading platform problem solving effectiveness. Ellevest supports a wide range of languages, including English, and Chinese.

Ellevest Live Chat Support

We have tested the live chat on Ellevest and it works well. We made a request via Ellevest livechat through their app and website and recieved a response after 10 seconds. Sometimes , there was no response.

We have tested communication with Ellevest support in a variety of languages across multiple countries. Ellevest were capable of resolving our client's issues.

Ellevest Phone Support

We called Ellevest and the call was responded to very quickly. It was responded to within less than five to ten minutes.

The Ellevest phone support team was able to successfully address our questions and issues over the phone. We tested the multi-lingual Ellevest team by making calls in various languages. Ellevest made an effort to make sure our queries were answered.

The overall phone support provided by Ellevest was good.

Ellevest Email Support

We sent several emails to Ellevest and the response times were all acceptable. The fastest email response time from Ellevest was 2 hours and the most slow response was 8 days! Sometimes there wasn't a response. Support response times can vary for you with Ellevest, however we have had this experience sending out 10 emails at different times.

The team was able to resolve and answer our questions. Average email support from Ellevest was outstanding.

Alternatives To Ellevest

If, after studying this Ellevest review, they don't quite fulfill your needs check out these Ellevest alternatives.

We have scoured the web to find the best alternatives to Ellevest. Click on the links below to find out more.

Frequently Asked Questions about Ellevest

Can I try Ellevest before I buy?

Yes, you can most certainly try Ellevest before you buy. Ellevest provides demo accounts for the convenience of inexperienced traders. You may use this feature to build your faith in the machine and yourself and your trading strategies.

If you sign up for a demo account on Ellevest, you may set out using a decent amount of virtual money. It's to establish a sense of safety and confidence in you until you decide to spend your own money.

With this digital Ellevest demo account, you are able to experiment in any way, to whatever period you wish. You can even open positions, examine different trading strategies, and more.

Ellevest specifies on its official website which you can exchange real time stocks in a demo account.

Is Ellevest safe?

You can drop all of your worries since we believe that Ellevest is perfectly safe to use. It is in compliance with the principles of Unregulated.

Nevertheless, Ellevest does not provide assured stop-loss protection.

Why does Ellevest ask for my passport?

The reason that Ellevest asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Ellevest has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Ellevest must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Ellevest?

The process to start trading withEllevest is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Ellevest website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Ellevest is $1. You should have a good hold over the details of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Ellevest.

The best way to kickstart your trading career with Ellevest is to open a demo account facility before risking any real money

What funding methods do Ellevest accept?

There are multiple ways to fund your account with Ellevest. The process is effortless and quick, with various payment methods in your fingertips.

You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You have to bear in mind that PayPal is not available in every place. The currencies Ellevest

Is my money safe with Ellevest?

Yes, your money is safe and secure with Ellevest. As you know, Ellevest operates with proper conformation to. It's established plenty of steps to guard all its own investors.

Ellevest protects its clients' private and sensitive data under SSL encryption. Your capital will be kept highly secure in top-tier banks.

If you want to further protect your accounts, it is possible to empower Two-Step Verification also. It requires an SMS confirmation that you access your accounts.

Is Ellevest trading good?

Yes, trading through Ellevest is a pleasant and decent experience indeed. It is an excellent and intuitive platform with helpful features for your simplicity. In addition, you can also gain access to a huge selection of educational resources and assistive substance to kickstart your trading experience.

If you remain skeptical, it is possible to start a eToro demo account and evaluate the credibility of the platform on your own.

Which Countries do Ellevest support?

Ellevest operates across the world. However, due to regulations Ellevest can't accept clients resident in Brazil, Republic of Korea, Islamic Republic of Iran, Iraq, Syrian Arab Republic, Japan, and United States.

Is Ellevest legit?

Ellevest is a legit company headquarted in USA since 2008. They are regulated by Unregulated. Ellevest is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Ellevest a good broker?

Ellevest is a great agent, and its own users can vouch for it. The highlight of the platform is its fast order execution on transactions.

You'll discover the clean design of this platform along with the commendable features a pleasure to work with.

Is Ellevest a trustworthy broker?

Yes, Ellevest is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Ellevest?

The minimum deposit to open a live account with Ellevest is $1

How long do Ellevest withdrawals take?

Normally, withdrawal of money from Ellevest is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Ellevest to show in your bank account.

Are Ellevest regulated?

Ellevest are regulated by Unregulated

Is Ellevest a market leading broker?

Ellevest is currently among the business leaders. It has over 10,000+ registered users and over 14 years of expertise on its own record. They're one of the world's top trading platforms and also a dominant figure in the Fintech revolution.

It majorly owes this status to its unbelievable platform and wide range of tools plus resources so that you can put money into capital markets.

Is Ellevest a con?

No, Ellevest is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that Ellevest is not a scam.

Can you make money with Ellevest?

Using Ellevest, several traders make a lot of cash. But typically, through consistent trading, you can make between 2% - 10% profit a month.

This can look like a small number, but within the entire year, this adds to a substantial number of gains. Even though Ellevest provide you all the tools to earn money, they cannot guarantee you will profit.

Does Ellevest have fees?

Yes. To start trading using Ellevest, you have to deposit $1. Particular commissions while trading additionally apply. Any processing fees from your bank will need to be incurred by you.

When was Ellevest founded?

Ellevest was founded in 2008 in USA. Ellevest is regulated by Unregulated.

How many people use Ellevest?

Ellevest is a worldwide recognised agent with 10,000+ customers.

Where is the Ellevest head office?

Ellevest has its head office in USA

Does Ellevest offer negative balance protection?

No. Ellevest doesn't provide negative balance protection. If your balance is unfavorable, Ellevest indicates that you contact client services. For this, you can correct any imbalances in your own account.

Does Ellevest offer guaranteed stop loss?

Ellevest regrettably, doesn't provide guaranteed stop loss. Ellevest provides an opportunity to its dealers to close their trades at their specified price. Aside from this, Ellevest doesn't offer guaranteed stop loss.

Does Ellevest allow scalping?

Yes, Ellevest do permit scalping. Several traders throughout the world choose Ellevest due to their scalping services. They offer trading on Windows, Android, Mac OS, iOS which allow this.

Does Ellevest allow hedging?

Yes, Ellevest does allow hedging.

Can you trade energies with Ellevest?

No, unfortunately you cannot trade energy stock with Ellevest

Can you trade agricultural shares with Ellevest?

No, unfortunately you cannot trade agricultural stock with Ellevest

Can you trade cryptocurrency with Ellevest?

No, unfortunately you cannot trade cryptocurrency with Ellevest

Can you trade metals with Ellevest?

No, unfortunately you cannot trade metals with Ellevest

Can you trade UK Shares with Ellevest?

No, unfortunately you cannot trade UK shares with Ellevest

Can you trade US Shares with Ellevest?

No, unfortunately you cannot trade US shares with Ellevest

Can you trade Japanese Shares with Ellevest?

No, unfortunately you cannot trade Japanese shares with Ellevest

Can you trade German Shares with Ellevest?

No, unfortunately you cannot trade German shares with Ellevest

Does Ellevest accept bank transfers?

Yes, Ellevest accepts bank transfers for depositing money.

Does Ellevest accept credit cards?

Yes, Ellevest accepts credit cards for depositing money.

Does Ellevest accept PayPal?

No, Ellevest does not accept PayPal.

Does Ellevest accept Skrill?

No, Ellevest does not accept Skrill.

Does Ellevest accept Payoneer?

Yes, Ellevest accepts Payoneer for depositing money.

Does Ellevest accept Neteller?

No, Ellevest does not accept Neteller.

Does Ellevest offer Live Chat customer support?

Yes, Ellevest offers customer support through live chat.

Does Ellevest offer phone customer support?

Yes, Ellevest offers customer support over the telephone.

Does Ellevest offer email customer support?

Yes, Ellevest offers customer support through email.

What languages can Ellevest communicate in?

Ellevest has the ability to communicate and support customers who speak: English, and Chinese

Does Ellevest have a wikipedia page?

No, Ellevest does not have an official wikipedia page.

Does Ellevest offer demo accounts?

Yes, Ellevest offers virtual portfolio accounts so you can test your trading strategies before risking any real capital. New traders can open a virtual portfolio account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before risking a live account.