Review summary
Ethamatic is a forex broker established in New Zealand with an operating history of 2 to 5 years. According to WikiFX data, the broker holds a total score of 1.39, reflecting a low regulatory and risk control index. The firm is not regulated by any authoritative financial oversight body, meaning it operates without a valid forex trading license. This lack of regulatory oversight presents a significant consideration for traders. Ethamatic offers a range of account types with minimum deposits starting from $20 for the BEGINNER account up to $3,000 for the ULTIMATE account, and supports MetaTrader platforms? (platform details not specified). The broker allows scalping, hedging, and the use of Expert Advisors across all account tiers. In summary, Ethamatic is an unregulated entity operating out of New Zealand, and traders should be fully aware of the absence of formal financial supervision before engaging. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-16)
