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

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.

EC Markets Information

EC Markets is a UK-registered brokerage firm that is regulated by reputable authorities such as FCA, FSA, and FSC. With a diverse range of trading instruments, including forex, commodities, indices, cryptocurrencies, and more, EC Markets provides traders with various options to participate in the financial markets.

The company offers different types of trading accounts, including STD, ECN, and PRO accounts, each tailored to different trading needs. Traders can benefit from competitive spreads, high leverage options, and a demo account for practice.

Regulatory Status

Market Instruments

EC Markets offers a diverse selection of over 100 instruments for trading. This wide range includes foreign exchange spot standard contracts, commodity spot standard contracts (gold, silver, WTI, Brent, natural gas), index contracts, cryptocurrency spot contracts, and the US dollar index. The availability of these instruments provides traders with ample opportunities to engage in different markets and sectors, enabling them to diversify their investment portfolios.

Spreads and Commissions

EC Markets provides competitive spreads on both their STD and ECN accounts, starting from 0.0 pips. It claims to charge 0 commissions.

Trading Accounts

EC Markets offers two account types: STD and ECN, catering to traders of different levels.

The STD Account is ideal for experienced traders, providing access to forex, commodities, indices, and the US dollar index. Spreads start from 1.0 pips, with leverage up to 500:1 for forex and metals, and 200:1 for crude oil. The minimum order size is 0.01 lot, with unlimited maximum orders.

The ECN Account targets professionals, offering the same instruments but with tighter spreads from 0.0 pips. Leverage, order size, and risk levels are identical to the STD Account, ensuring flexibility and competitive conditions for all traders.

Trading Platform

Maximum Leverage

EC Markets offers a maximum leverage of up to 500:1 for forex and metal trading, and 200:1 for crude oil trading. This high leverage provides traders with increased trading power, allowing them to open larger positions and potentially generate higher returns on successful trades. It offers flexibility to diversify trading strategies and access larger market exposure.

Deposit and Withdrawal

EC Markets offers a variety of payment methods for deposits, with most options supporting instant processing (Instant) and no deposit fees, such as UnionPay, OTC365, Thai QR Payment, and VN Pay.

However, the Poli payment method is an exception, requiring 30 minutes for processing and charging a 4% deposit fee.

EC Markets also provides multiple withdrawal options, with most having a processing time of T+1. UnionPay, OTC365, and other methods typically process withdrawals within 2 hours (9:00 to 18:00, GMT+8). The exchange rate used for withdrawals is generally the real-time rate.

Poli and Wire Transfer have a longer withdrawal processing time of T+5.

Customer Service

EC Markets offers multiple channels for customer care, allowing traders to connect with the company and seek assistance. Traders can contact the customer support team through phone at +248 422 4099 or via email at support@ecmarkets.sc.

Additionally, EC Markets maintains a presence on various social media platforms such as Facebook, Twitter, LinkedIn, YouTube, and Instagram, providing an avenue for traders to engage and interact with the company.