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 :email@example.com
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 2021.09.18 updated
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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.
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.
Ec Markets website announces that it provide several account types structure to meet various traders' trading experience, however, detailed information on accouts is not fully disclosed. This is quite weird.
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 & 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.
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.
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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.
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