The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.
License Type:Straight Through Processing(STP)
Regulated in Country/AreaUnited Kingdom
Regulatory License No.：571881
Email Address of Licensed Institution :firstname.lastname@example.org
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :New Broad Street House,35 New Broad Street,LondonEC2M 1NHUNITED KINGDOM
Phone Number of Licensed Institution :+44 2076217978
Most visited countries/areas
The data are from WIKI Research 2021.06.13 updated
WikiFX prompts you
Please choose wisely! Please avoid unnecessary lossContinue
WikiFX only provides the legal URL of the platform published by the regulatory website.
WikiFX will not disclose your personal information to third parties.
In order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.
The use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.
Insufficient data samples
Insufficient data samples，Browsing is not supported temporarily
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
Basic Information & Regulators of EC Markets
EC Markets is a professional online trading broker that aims to provide investors with tradable instruments across the global financial markets. EC Markets was established in 2011 and currently holds a straight-through license from the UK Financial Conduct Authority (license number: 571881).
Safety Analysis of EC Markets
EC Markets accepts the supervision of the mainstream regulator - the UK FCA, strictly abides by the client money rules of this regulator and keeps all client funds segregated in Barclays Bank, a world AAA-rated bank, so the security of client funds is guaranteed to some degree.
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.
Leverage & Account of EC Markets
To provide traders with a different trading experience, EC Markets offers two different accounts for forex investors: Standard accounts and ECN accounts. The maximum trading leverage set by EC Markets is 1:500.
Spreads & Commission Fees of EC Markets
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 is pure spread mode, with commission built into spreads. ECN account has 0.1 pips spread for EURUSD, 0.5 minimum pips spread for GBPUSD, 0.2 pips minimum spread for AUDUSD, 3.0 minimum pips spread for XAUUSD, 2.6 minimum pips spread for XGUUSD, and 4.7 minimum pips spread for Crude Oil, and a commission of $7/standard lot is charged for trading on this account.
Trading Platform Applied of EC Markets
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.
Deposit & Withdrawal
EC Markets welcomes UnionPay, wire transfer, and USDTdeposit/withdrawal methods without any commission.
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.