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https://www.ecmarkets.co/en-US/
Website
Benchmark
AAA
Average transaction speed (ms)
MT4/5
Full License
ECMarketsGroupLtd-Live01
Speed:AAA
Slippage:AAA
Cost:AAA
Disconnected:AAA
Rollover:A
MT4/5 Identification
Full License
Single Core
1G
40G
+248 422 4099
More
EC MARKETS GLOBAL LLC
Ec Markets
United Kingdom
Pyramid scheme complaint
Expose
EC Markets has delayed the withdrawal for over two months. I am so worried and I wanna get my account and principal. Please follow up. I’ve already called the police.
Defrauding under the name of EcMarkets in the UK, clone companies, counterfeit logos, counterfeit URLs, induced depoit, difficult to withdraw, not under the supervision of the UK FCA, but the unregulated area of Seychelles
EC MarketsEC Markets has delayed customers’ withdrawal for over two months, making me too worried. I hope to get my account and principal. Please follow up and I’ve called the police.
EC Markets delays customers' withdrawals for over two months. I am so worried and wanna my account and principal back. Please follow up this issue. I've called the police.
This ecmarkets.com is a fake website, and the logo is also fake. It constantly induces deposit, and then I cannot withdraw money, and it keeps showing a network error
I deposited $4,000 in EC Market on March 2. But after I profited over $1,000, my orders were manipulated by them. In the end, there was just over $200. I communicated with them many times to receive my withdrawal. The background data testifies to that.
The head office of uk has been inquired, ecmarket.com is a counterfeit website. The counterfeit website is not regulated by the UK cfa, but the place where the supervision is strong in Seychelles
EC Markets delays customers' withdrawals for over two months. I am so worried and wanna my account and principal back. Please follow up this issue. I've called the police.
Postpone customers' withdrawal for over two months. I am so worried and hope to get my acc and capital back. Please follow up this issue for me. I've called the police.
I invested in the Ec markets platform on the recommendation of a friend. I made a profit and my investment account increased rapidly. When I requested to withdraw my money I had problems because I was asked to pay withdrawal fees. I refused to pay more fees because so far I had not been able to withdraw my money and then I receive an email from the executive team of Ec markets and they told me that the external support service was cheating the customers to pay false fees. They do not charge any fee to withdraw and the agents were looking for their own benefit, ec markets says they will solve my case and help me to withdraw. I have paid over fifty thousand dollars to withdraw and I have invested all my money in the platform. Please help me to get my money back!!
Five platforms use the same strategy. Only the ec platform talks about cancer orders. It is a little Martin strategy. It does not allow withdrawals if the profit is large. It is too dark. Please pay attention.
EC Markets delays customers' withdrawals for over two months. I am so worried and wanna my account and principal back. Please follow up this issue. I've called the police.
EC Markets delays customers' withdrawals for over two months. I am so worried and wanna my account and principal back. Please follow up this issue. I've called the police.
I made a transaction in EC markets, I made a profit, the money I deposited and my profit grew. Since I made a profit of 80,000 dollars over 50000 dollars, I was asked to pay 20% tax by the financial rules and then I was told that I could withdraw the money. I deposited the tax fee and wanted to withdraw money again, but it was not approved again. My identity verification was KYC in my first membership. I skipped the tab, your account looks suspicious, under the name of money laundering and account protection, a deposit of 30% of the money in your account was requested. I immediately uploaded my ID, 40000 dollars, and they confirmed it, but you still have to deposit the deposit, the system will confirm that you are a real person. I find it unreasonable for them to ask for money for every transaction. I doubt EC markets' honesty.
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.
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.
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.
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