Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

Ec Markets

United Kingdom|10-15 years| Benchmark AA|
Market Making(MM)|MT4 Full License|Global Business|High potential risk|Offshore Regulated|

https://www.ecmarkets.live/en-US/

Website

Rating Index

Benchmark

Benchmark

AA

Average transaction speed (ms)

354.1 Great

MT4/5

Full License

ECMarketsGroupLtd-Live01

China
MT4
53
The WikiFX Score of this broker is reduced because of too many complaints!

Benchmark

Speed:AA

Slippage:A

Cost:AA

Disconnected:AAA

Rollover:AA

MT4/5 Identification

MT4/5 Identification

Full License

53
Server Name
ECMarketsGroupLtd-Live01 MT4
Server Location China

Contact

+248 422 4099
support@ecmarkets.com
https://www.ecmarkets.live/en-US/
17th Floor, Heron Tower 110 Bishopsgate London, EC2N 4AY United Kingdom
WikiFX Risk Alerts 2
Previous Detection : 2024-06-26
  • The number of the complaints received by WikiFX have reached 11 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The Seychelles FSA regulation with license number: SD009 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Ec Markets · WikiFX Survey
Great A Visit to Top Forex Broker Ec Markets in London
United Kingdom
Ec Markets · Benchmark
Average transaction speed(ms)
354.1 Great
The highest transaction speed(ms)
69 Great
The highest speed of opening positions(ms)
73 Great
The highest speed of closing position(ms)
69 Great
The lowest speed of opening positions(ms)
1998 Poor
The lowest speed of closing position(ms)
1991 Poor
7.03USD/Lot Perfect
27.72USD/Lot Perfect
Long: -5.35USD/Lot    Short: 1.58USD/Lot Good
Long: -23.79USD/Lot    Short: 9.52USD/Lot
Average slippage
-0.3 Great
Maximum transaction slippage
29 Poor
Maximum positive slippage
-2 Great
Maximum negative slippage
29 Poor
Average disconnection frequency (times/day)
0.3 Perfect
Average reconnection time (millisecond/per request)
37.2
Ranking: 27 / 127
Test user 1,330
Orders 158,463
Ocuppied margin $8,699,344 USD
Data Source WikiFX Data provide
Updated: 2024-06-24 01:00:00

Users who viewed Ec Markets also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

STARTRADER

8.54
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Decode Global

8.36
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

AUS GLOBAL

8.22
Score
5-10 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website
Pyramid scheme complaint
Expose
    Sources
    Language
    Mkt. Analysis
    Creatives

    Ec Markets · Company Summary

    Company Summary

    Company profile

    Registered Country/Region United Kingdom
    Regulation FCA, FSA
    Minimum Deposit US$10/R160 ZAR
    Maximum Leverage 1:500
    Minimum Spreads From 0.0 pips
    Trading Platform MT4, Mobile and Webtrader
    Demo Account Yes
    Trading Assets Major FX Pairs, Minor FX Pairs, Precious Metals, CFD Indices, Crude Oil
    Payment Methods Bank Transfer
    Customer Support Phone, Email, Online chat

    General Information & Regulation

    EC Markets is the trading name of EC Markets Group Ltd is authorised and regulated by the Financial Conduct Authority (FCA), FRN: 571881. EC Markets Group Ltd is incorporated in England and Wales (no. 07601714). The trading address is New Broad Street House, 35 New Broad Street, EC2M 1NH, London, United Kingdom.

    Markets Instruments

    EC Markets provides investors with popular tradable financial instruments, mainly major currency pairs, minor currency pairs, exotic currency pairs, precious metals, CFD stock indices, crude oil, etc.

    Account Types

    Ec Markets website says it provide several account types structure to meet various traders' trading experience, including STD account, Pro account and ECN account. To open a STD account, an initial deposit of $100 is required, and this types of account is suitable for all types of traders. The Pro account is designed for traders who pursue competitive spreads, requiring the same amount of initial deposit as the STD account. The ECN account is for professional traders pursuing superb trading conditions, and traders who want to try this account only need to fund at least $100.

    account-type

    Leverage

    Trading leverage varies depending on various trading instruments, and the maximum trading leverage for forex trading is up to 1:500, Metals trading up to 1:500, Crude Oil trading up to 1:200.

    Spreads & Commissions

    The minimum spread for a standard account is 2.2 pips for EURUSD, 2.9 pips for GBPUSD, 2.9 pips for EURGBP, 5.4 pips for XAUUSD, 5.4 pips for XGUUSD, and 5.7 pips for Crude Oil. The standard account adopts a pure spread mode, with commission built into spreads. ECN account has 0.1 pips spread for EURUSD, minimum spread on GBPUSD 0.5 pips , minimum spread for AUDUSD 0.2 pips , minimum spread for XAUUSD 3.0 pips, minimum spread for XGUUSD 2.6 pips , and minimum spread for Crude Oil 4.7 pips, with a commission of $7 per standard lot on this account.

    Trading Platform

    EC Markets offers traders the world's most respected and widely used online trading platform in the forex sector - the MT4 trading platform, which allows EA automated trading, supports EA backtesting, provides charts with different time frames. Moreover, it has over 50 built-in technical analysis tools, supports multiple languages, and sets stop loss/stop gain orders/tracking stop orders. EC Markets' MT4 trading platform is available for Android and iOS versions.

    Trading Tools

    Aside from trading platforms, some trading tools including News & Analysis, Trading Central, Economic Calendar are also provided.

    Deposit & Withdrawal

    The minimum deposit to trade with EC Markets is $100, and clients are allowed to make a deposit and withdrawal through the following payment options, including China Union Pay, Tether, Wire Transfer, Bank Transfer Malaysia, VN Pay, PoLi. No deposits fees are charged with the EC Markets platform.

    Customer Support

    If you have any inquiries or trading-related issues, you can get in touch with EC Markets throuh the following contact channels:

    Telephone: +248 4224099

    Email: support@ecmarkets.sc

    Online Chat

    A Contact Form

    Or you can also follow this broker on some social media platforms, such as Facebook, Twitter, Linkedin, Youtube, and Instagram.

    Pros & Cons

    Pros Cons
    FCA -regulated Sign-up and welcome bonus not offered
    MT4 trading platform supported Marked-up spreads
    Social trading supported Verification is complicated and time-consuming
    Low initial deposit requirements for all account types
    Commission-free trading
    High leverage up to 1:500

    Frequently Asked Questions

    Is EC Markets regulated ?

    EC Markets Group Ltd is authorized and regulated by the FCA in the U.K., EC Markets Limited, authorized by the FSA in Seychelles under License No.: SD009.

    What is the overall rate for EC Markets?

    The overall score for EC Markets is 7.27/10 on WikiFX based on its License Index, Business Index, Risk Management Index, Software Index, and Regulatory Index.

    overall-score

    Does EC Markets offer leverage?

    EC Markets gives leverage up to 1:500.

    Does EC Markets offers a demo account?

    Yes. A demo account option is available for EC Markets.

    User Reviews

    Sort by content

    • Sort by content
    • Sort by time

    User comment

    5

    Comments

    Write a review

    Tan Ah Meng
    more than one year
    Technical indicators are excellent, a good selection to choose from.👍👍👍 Besides, no matter mt4 or mt5, very stable. I haven't experienced any major issues or crashes.
    2024-05-22 11:35
    Reply
    0
    0
    JeepLee
    more than one year
    What's up, my fellow trading enthusiasts? I couldn't help but drop in and share my recent experiences with EC Markets. Between us, have you taken the MT4 platform for a spin? It's truly a game-changer, simplifying the complex trading world into something more digestible. It's like having your very own cockpit control panel, but instead of navigating airspace, you're navigating markets teeming with forex and indices. Unlike most platforms today, EC Markets has a broad array of deposit and withdrawal options, even accommodating local payments like THAI QR payment and VN PAY. This just shows how they're truly trying to cater to their worldwide user base.
    2023-12-04 14:01
    Reply
    0
    0
    USDT@
    more than one year
    Recently, I've been plunging into the depths of EC Markets, and it's been a wild ride. They caught my eye with their wide variety of trading instruments, and boy, do they have a smorgasbord of options available. The standout, though? The Crypto spot contract feature. Seriously, it's a hidden gem in the trading landscape; like discovering a side alley bistro that serves the best coffee in town. But enough about coffee. How about their leverage limit? A massive 1:500, perfect for those risk-takers among us wanting to make the most of any market movements. Also, their service staff was incredibly helpful – kudos to them!
    2023-12-01 11:20
    Reply
    0
    0
    小马哥
    more than one year
    My experience with EC Markets was excellent. The technology and service are the best I have ever seen. Instant account and platform details, excellent trading tools and customer service are fantastic.
    2023-02-15 14:26
    Reply
    0
    0
    林駿縢
    more than one year
    The EC Markets website has been designed for beginners, and every step and procedure is explained in detail. I started with a demo account a week ago and now I upgrade to a real account. **** luck to you guys and myself!
    2022-12-16 14:29
    Reply
    0
    0
    15
    TOP

    Chrome

    Chrome extension

    Global Forex Broker Regulatory Inquiry

    Browse the forex broker websites and identify the legit and fraud brokers accurately

    Install Now

    Select Country/Region
    • Hong Kong China

    • Taiwan

      tw.wikifx.com

    • United States

      us.wikifx.com

    • South Korea

      kr.wikifx.com

    • United Kingdom

      uk.wikifx.com

    • Japan

      jp.wikifx.com

    • Indonesia

      id.wikifx.com

    • Vietnam

      vn.wikifx.com

    • Australia

      au.wikifx.com

    • Singapore

      sg.wikifx.com

    • Thailand

      th.wikifx.com

    • Cyprus

      cy.wikifx.com

    • Germany

      de.wikifx.com

    • Russia

      ru.wikifx.com

    • Philippines

      ph.wikifx.com

    • New Zealand

      nz.wikifx.com

    • Ukraine

      ua.wikifx.com

    • India

      in.wikifx.com

    • France

      fr.wikifx.com

    • Spain

      es.wikifx.com

    • Portugal

      pt.wikifx.com

    • Malaysia

      my.wikifx.com

    • Nigeria

      ng.wikifx.com

    • Cambodia

      kh.wikifx.com

    • Italy

      it.wikifx.com

    • South Africa

      za.wikifx.com

    • Turkey

      tr.wikifx.com

    • Netherlands

      nl.wikifx.com

    • United Arab Emirates

      ae.wikifx.com

    • Colombia

      co.wikifx.com

    • Argentina

      ar.wikifx.com

    • Belarus

      by.wikifx.com

    • Ecuador

      ec.wikifx.com

    • Egypt

      eg.wikifx.com

    • Kazakhstan

      kz.wikifx.com

    • Morocco

      ma.wikifx.com

    • Mexico

      mx.wikifx.com

    • Peru

      pe.wikifx.com

    • Pakistan

      pk.wikifx.com

    • Tunisia

      tn.wikifx.com

    • Venezuela

      ve.wikifx.com

    United States
    ※ The content of this website abides with local laws and regulations.
    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;
    License or other information error corrections, please send the information to:qawikifx@gmail.com
    Cooperation:fxeyevip@gmail.com