Ec Markets Review 2024: Fees, Platforms, Apps, Safety, Pros & Cons

Ec Markets is an international multi-asset broker with an average speed of 0.004 seconds on trade execution. This comprehensive Ec Markets review will explore the broker’s trading instruments, regulations, spreads, leverage, fees, deposit and withdrawal methods and trading platforms. We will also look into how to open and verify an account, and the safety measures provided on clients’ investment funds.

Regulated By

Regulated By

FCA, FSC & FSA

Used By

Used By

1,000,000+ Users

Established in

Established in

2008

Visit Broker

74% of CFD accounts lose money.

Spreads From

EURUSD 0.0 pips

What Can You Trade on Ec Markets

  • Forex
  • Stocks
  • Indices
  • Commodities
  • ETFS
  • Cryptocurrencies

Trading Platforms

MT4

Funding Methods

Wire TransferUnionPayPOLi Transfer

Ec Markets Review 2024: Fees, Platforms, Apps, Safety, Pros & Cons

Ec Markets is an international multi-asset broker with an average speed of 0.004 seconds on trade execution. This comprehensive Ec Markets review will explore the broker’s trading instruments, regulations, spreads, leverage, fees, deposit and withdrawal methods and trading platforms. We will also look into how to open and verify an account, and the safety measures provided on clients’ investment funds.

  • author Chidera Ogbuagu
  • Last updated 22/03/2024

74% of CFD accounts lose money.

Regulated By

Regulated By

FCA, FSC & FSA

Used By

Used By

1,000,000+ Users

Established in

Established in

2008

Spreads From

EURUSD 89 Points

Trading Platforms

MT4

What Can You Trade on Ec Markets

  • Forex
  • Stocks
  • Indices
  • Commodities
  • ETFS
  • Cryptocurrencies

Funding Methods

Wire TransferUnionPayPOLi Transfer

Ec Markets Overview

Ec Markets is a UK based international trading broker that offers its services to users in China, United States, UK and many other nations in the world. Its activities are regulated by the Seychelles Financial Services Authority (FSA), the Financial Conduct Authority (FCA) and  the Mauritius Financial Services Commission (FSC). The firm offers its clients access to different trading instruments. These instruments include 45+ forex pairs, 3+ commodities, 12+ indices and 5+ cryptocurrencies. 

This Ec Markets review will explore the broker’s account types, trading platforms & apps, fees, account opening & account verification processes, spreads, leverage, customer support, deposits and withdrawals, and many more. 

The homepage of EC Markets

Pros

  • Availability of E-Wallets
  • Fast trade execution
  • Tight Spreads
  • Swift and Convenient Deposits and Withdrawals
  • Zero Commission 
  • Negative balance protection
  • Third-party auditing

Cons

  • No Proprietary Trading Platform 
  • No Stock Trading 

Ec Markets Regulations

Ec Markets is authorised and regulated by a number of regulatory bodies, which include the Seychelles Financial Services Authority (FSA), the Financial Conduct Authority (FCA) and  the  Mauritius Financial Services Commission (FSC). These entities, their regulatory bodies and locations are discussed in  detail below.  

Ec Markets Limited: This is a Seychelles Investment Firm that is located at Suite 4B, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. It is authorised and regulated by the Seychelles Financial Services Authority (FSA).

  • Licence Number: SD009
  • Registration Number: 8413793-1

Ec Markets Group Ltd: This entity is incorporated in England and Wales. The company is authorised and regulated by the Financial Conduct Authority (FCA). It is located at 3rd Floor, 30 City Road, London, United Kingdom, EC1Y 2AY.

  • Licence Number: 571881
  • Registration Number: 07601714

Ec Markets Limited: This entity is a limited liability company incorporated within the legal framework of the Republic of Mauritius. It is authorised and regulated by the Mauritius Financial Services Commission (FSC). Its registered address is at Silicon Avenue, 40 Cybercity The Cyberati Lounge, c/o Credentia International Management Ltd, Ground Floor, The Catalyst 72201 Ebene Mauritius.

  • Licence Number: GB2100130
  • Registration Number: CN188565 GBC

Supported Countries

Ec Markets support clients from diverse countries of the world, including China, United States, UK, Canada, Belgium, Singapore, Nigeria and many others.

Available Assets at Ec Markets

Ec Markets offers 100+ trading instruments that include 45+ forex pairs, 3+ commodities, 12+ indices and 5+ crypto currencies. Below is a review of each of the trading instruments.

Available Assets at Ec Markets

Cryptocurrencies

Cryptocurrencies are digital assets that use cryptographic functions to facilitate financial transactions. Ec Markets offers 5+ crypto CFDs with a leverage up to 1:500. Some of the cryptocurrencies offered by the broker include BTCUSD, ETHUSD, XRPUSD, and LTCUSD. 

Ec Markets Cryptocurrencies

Commodities

The broker offers 3+ commodities to its clients. They include precious metals (XAG/USD and XAU/USD) and energy (XBR/USD and XTIUSD) with up to 1:500 leverage and spread starting from 0.3 pips.

Ec Markets Commodities

Indices

A group of stocks that can be bought or sold as one single tradable instrument is called index. Stock indices can be used to designate the health of an industry or a country. Some traders speculate on how the price of a single asset changes, and some choose to speculate with stock indices. For example, the Nasdaq 100 index tracks the performance of all the companies listed on the Nasdaq exchange, and being a technology-related firm, the Nasdaq index gives an indication of the health of the technology sector in the US as well.

Ec Markets offers 12+ indices with leverage up to 1:500 and spread starting from 1 pip. Some of these indices include UK100, 200AUD, NDXUSD and U30USD.

Ec Markets Indices

Forex Pairs

Forex trading is a global market for exchanging currencies against one another. It is the world’s largest trading market. As at April 2019, the global forex market trading volume had reached $6.6 trillion a day and it continues to grow, according to the Bank for International Settlements (BIS). There are 45+ forex pairs with a leverage up to 1:500 on Ec Markets. These forex pairs are made up of major pairs (AUD/USD, EUR/USD, GBP/USD and USD/JPY), minor pairs (CAD/JPY, AUD/NZD, EUR/CHF and GBP/CAD) and exotic pairs (EUR/PLN, GBP/NOK, NOK/SEK and USD/TRY.)

Ec Markets Forex Pairs

Spreads

Spread is the difference between buy(bid) and sell(ask) price of an instrument. The table below shows the minimum spread on all forex pairs and commodities that the broker offers. 

Leverage

Leverage is a double edged sword that gives traders access to the financial market with little capital. It basically amplifies both gains and losses. Ec Markets offers its clients leverage of up to 1:500 on forex pairs, commodities, indices and others. However, leverage offered differs based on the resident region of the clients. Traders living in the Uk and EU have access to leverage of up to 1:30 on forex pairs and indices, and up to 1:20 commodities.

InstrumentsSpread on ECN Account (From)Leverage (Up to)

FOREX

Major Pairs

AUD/USD0.1 pips1:500
EUR/USD0.0 pips1:500
GBP/USD0.2 pips1:500
USD/CAD0.1 pips1:500
USD/CHF0.3 pips1:500
USD/JPY0.1 pips1:500
NZD/USD0.2 pips1:500

Minor Pairs

AUD/CAD0.5 pips1:500
AUD/CHF0.5 pips1:500
AUD/JPY0.6 pips1:500
AUD/NZD0.5 pips1:500
CAD/CHF0.6 pips1:500
CAD/JPY0.4 pips1:500
CHF/JPY1  pips1:500
EUR/AUD0.8 pips1:500
EUR/CAD0.7 pips1:500
EUR/CHF0.3 pips1:500
EUR/JPY0.3 pips1:500
EUR/GBP0.3 pips1:500
EUR/NZD1 pips1:500
GBP/AUD0.6 pips1:500
GBP/CAD1 pips1:500
GBP/CHF1 pips1:500
GBP/JPY0.6 pips1:500
GBP/NZD0.9 pips1:500
NZD/CAD0.2 pips1:500
NZD/CHF0.5 pips1:500
NZD/JPY0.7 pips1:500

Exotic Pairs

EUR/MXN74.7 pips1:500
EUR/NOK101.4 pips1:500
EUR/PLN32.3 pips1:500
EUR/SEK29.7 pips1:500
EUR/SGD10.8 pips1:500
EUR/TRY69.6 pips1:500
GBP/NOK136.7 pips1:500
GBP/SEK53.4 pips1:500
GBP/SGD11,5 pips1:500
GBP/ZAR15.3 pips1:500
NOK/SEK13.1 pips1:500
USD/CNH11.5 pips1:500
USD/HKD13.3 pips1:500
USD/MXN49.6 pips1:500
USD/NOK94.4 pips1:500
USD/PLN16.2 pips1:500
USD/SEK27.4 pips1:500
USD/SGD10.4 pips1:500
USD/TRY31.4 pips1:500
USD/ZAR62.9 pips1:500

Commodities

XAGUSD0.01 pips1:500
XAUUSD0.5 pips1:500
XBRUSD0.3 pips1:500
XTIUSD3 pips1:500

Ec Markets Fees & Commissions

All brokers charge two categories of fees, namely: trading and non-trading fees. This segment of the review will look at the different Ec Markets fees. 

Trading Fees

Fees that are incurred while trading are called trading fees. They are fees clients must pay while performing trading activities on the broker and they include spreads, commission and swap.

Spreads

Like most brokers, Ec Markets does not have fixed spreads. Its spreads are therefore subject to change during trading hours. Normally, the broker offers its lowest spread in most conditions but it is worth noting that spreads will increase when there is more volatility in the market. Ec Markets spread starts from 0.0 pips on its ECN account while the spread on STD account starts from 1.0 pips.

Commission

There are no trading commissions on Ec Markets. 

Overnight/Swap Rate

Swap rate mostly occurs when a trader holds a position overnight, thereby reflecting the interest rate difference and spot price between the two currencies. Ec Markets have a very competitive swap rate and it can be a positive or negative fee depending on the direction of the position and the pair traded. 

Non-Trading Fees

Non-trading fees are fees incurred when performing non-trading activities. These fees include:

Deposit and Withdrawal Fees

There are no deposit and withdrawal fees on Ec Markets. Although there might be a 4% charge by a particular deposit method. Also, clients might incur some charges levied by banks when withdrawing through wire transfers. 

Ec Markets Trading Platforms

Ec Markets does not offer a proprietary trading platform. However, the broker allows its users to trade on the MT4 and MT5 platform. These platforms are available on both desktop and mobile devices. We will look at the features of each of these platforms in this section of the review. 

Ec Markets Trading Platform

Desktop Trading Platform

The MT5 desktop trading platform is user-friendly and has multiple functions such as buy limit, sell limit, buy stop, sell stop, buy stop limit, sell stop limit and many more. Users can easily set parameters such as: buy/sell stops and limits, trade sizes, and more. 

Ec Markets Trading Platform

Design

The modern design of the MT5 trading platform is a pulse to its several interesting features and functionality. A number of features that allow more optimization and user productivity have been incorporated into its design.

The design of the Ec Markets Trading Platform

Features

The desktop trading platform offers a one click direct trading function and has a system that separates accounting of orders and trades. With the MetaTrader 5, users can keep tabs on multiple charts at the same time using its multi-window function. Traders can easily run fundamental analysis as well as constantly monitor various open-source economic and industrial indicators to get good trade entries.

The features on the Ec Markets Trading platform

Charting Tools

The MT5 offers advanced charting tools for technical analysis. It offers over 80 technical indicators and 21+ timeframes, which enables comprehensive detailed analysis of all major and minor price movements. Other charting tools include trend lines, crosshairs, etc.

Charting tools on Ec Markets Trading platform

How to Open an Account on Ec Markets Desktop Trading Platform

  1. To first register with the broker, go to the broker’s official website (www.ecmarkets.sc) and click on the “Start trading” option that is on the homepage. Registering an account on Ec Markets
  2. Next, a page will come up. On it, select “Create an Account”. Creating an account on Ec Markets
  3. A form page will come up. Here, you will input your email address and click on “Get” in the verification column. A verification code will be sent to your email, retrieve and input it in the verification column, Next, type in your preferred login password and repeat the same password in the next column. Verifying email on Ec Markets
  4.  A form will come up requesting for an invitation code, type in your invitation code if you have one, else, click on “Skip”. Ec Markets invitation code box
  5. Next, click on “Open Real Trading Account”. Ec Markets Trading Accounts
  6. Next, type in your first name, last name, gender and date of birth. Select your country of residence from the list of options provided and type in your mobile detail. You will need to read the client agreement document and then check the boxes below and click on “Next”.  ID Verification on Ec Markets
  7. Next, select the identity class of real-name authentication that you prefer and click on “Confirm”. Real name authentication on Ec Markets
  8. For ID verification, select your employment status, annual income range, source/sources of funding and select the year/years of your trading experience. Answer yes or no to whether you are a US citizen and click on “Next”. Ec Markets Questionnaire
  9. Next, choose the document type you wish to upload. Select document issuing country or region and upload the front and back picture of the document. Click on “Next” to proceed. Submitting ID documents on Ec Markets
  10. You will be required to upload two proofs of residency which could be your bank statement, tax returns, council tax bills, internet/cable TV/house phone line bills, utility bills (not older than 3 months), government issued certificates of residency, etc. Click on “confirm” after uploading the documents.Proof of Residency on Ec Markets
  11. To create a trading account, go to your account dashboard and click on “Add,” which is on the left side of the dashboard. Creating an account on Ec Markets
  12. A page will come up with the specification of the account, click “Next”. Ec Markets account specification
  13. You will be required to type in your password twice, do that and click on “Confirm”. Ec Markets account Password
  14. Your account details will be displayed on your Ec Markets user dashboard. 
  15. To make a deposit, go back to your dashboard and click on “Deposit.” Choose your preferred deposit medium and make a deposit. Depositing on Ec Markets
  16. To install the trading platform on your system, go back to the website home page and click on tools. Installing the Ec Markets MT4 platform
  17. Scroll down the page and click on “Download for windows” if you are using a windows software or click on “Download for MacOS” if you are using an OS software. Downloading Trading platforms on Ec Markets
  18. Next, install and open the application.  
  19. Input your trading account login details and click on “Login”. Login page on Ec Markets MT4
  20. To initiate a trade, right click on any pair you wish to trade, and click on “New Order”. Trading page on Ec Markets desktop platform
  21. Input your preferred volume, edit your stop loss and take profit and click on “Sell by Market” to place a sell trade or click on “Buy by Market” to place a buy trade”. Trade execution on Ec Markets MT4

Mobile App

Ec Markets mobile trading platform can be assessed via the MT4 and MT5 mobile app. These trading platforms enable clients to access the instruments offered by the broker. Users can have access to 100+ symbols across 4 asset classes to trade from. The apps can be downloaded via the app store for IOS users while android users can download the app from the Play Store. This section of the Ec Markets review elaborates more on the features of the broker’s mobile trading platform. 

Ec Markets Mobile Trading App

Trading Interface

The MT4 mobile app has a user-friendly trading interface. It is structured to enable traders to navigate between instrument quotes list, charts, history, trade, message and news pages tabs. Traders can easily edit charts to their taste and preference. Line chart, bar chart and candlestick chart can be used by traders to effectively analyze the market.

Ec Markets Trading App interface

Tools

The mobile app offers a vast range of different analytical tools. Technical tools such as Trendlines, Channels, and indicators such as Bollinger Bands, Average True Range, Ichimoku Kinko Hyo, Moving Average, Commodity Channel Index and many more can be accessed via this platform. These tools are very efficient in helping traders analyse the market. 

Trading tools on Ec Markets trading app

Charting

There are 30+ technical indicators and 24+ drawing tools on the mobile app. It also includes over 9 selectable time frames across three(3) distinct chart types. Setting up charts on the mobile app is not difficult at all.

Trading chart on Ec Markets mobile app

How to Open an Account and Trade on the Ec Markets MT4 Mobile App

  1. Download and install MT4 on your mobile device. Users of android software can get the app on Google Play Store and Apple Store for iOS users. MT4 mobile app Download page
  2. Follow steps 1-14 under in the “Desktop Trading Platform” section to create an account.  
  3. To start trading, open your installed MT   4 mobile app. Now login and click on the plus sign above to proceed. Ec Markets MT4 mobile app login page
  4. Click on “Login to an existing account”. Ec Markets MT4 mobile app sign in page
  5. Type in and select the Ec Markets trading server name that was sent to you when you registered a trading account. Trading server on Ec Markets MT4 mobile app
  6. Type in your login number and password. Click on “Sign in” to proceed. 
  7. To place a trade, select an instrument you will like to trade and click on “New order”. Opening new order on Ec Markets mobile app
  8. Next, set your lot size, stop loss, take profit and others. Tap on the buy or sell option to execute the trade. Ec Markets mobile app trade execution page

Ec Markets Account Types

Ec Markets has various account types to suit the needs of its clients. Asides offering a demo account, it also offers two account types for traders to choose from. These accounts are categorized as: STD account and ECN account. A demo account is also available to help traders have access to practise various trading and money management strategies under live market conditions. This section of our Ec Markets review explores each of these account types.

Ec Markets Account types

Demo Account

The broker offers its clients a free demo account with up to $5,000,000 virtual fund. This can be accessed after registering and verifying one’s document with the broker. The demo account gives traders access to get familiar with the broker’s trading platform, to freely evaluate the offerings and test-run individual strategies. The virtual funds in the account are not real and as such, profit made can not be withdrawn neither does losses made have any consequences on the user. It is only a test account. With the demo account, traders can understand how Ec Markets platform works.

STD Account

This account offers low spreads and ultra fast trade execution speed. With the STD account, traders are able to trade more than 100 financial products that cut across the major asset classes. It is designed for beginners or experienced traders alike. It offers deep liquidity, superfast order execution, exclusive customer service and a 50% stop out level. The account’s supported currency is USD. Its supported trading platform is Meta trader 4 and clients can access a minimum spread from 1.2 pips and a leverage up to 1:500.

ECN Account

Ec Markets ECN account offers super low spreads, with a minimum spread of 0.0 pips and a commission of $5 per lot payable per side. This account type offers fast trade execution speed as it directly cooperates with many banks and liquidity suppliers around the world. For an ECN account, trading orders are directly and anonymously sent to the quotation network, according to the price priority and time priority principles. Traders are able to trade more than 100 financial products as well. It offers deep liquidity, exclusive customer service and a 50% stop out level and a 1:500 maximum leverage. Its supported trading platform is the Meta trader 4.

Ec Markets Payment Methods

For trading to be as efficient and stressless as possible for Ec Markets clients, the broker offers its users a vast range of  payment methods to choose from. All payment methods can be used for both deposits or withdrawals. 

Ec Markets Payment Methods

Deposit Methods

Ec Markets has a variety of options that can be used for deposits in various currencies such as CNY, USD, IDR, MYR, THB, VND and NZD, depending on the client’s local currency. The deposit medium includes: Wire Transfer, Union Pay, Poli, etc. The minimum deposit for each transaction by UnionPay is $100 while the maximum deposit is $7,000. The broker claims to charge no fee on deposit except for Poli where a 4% fee may be charged by the channel. The broker suggests that Chinese mainland clients make use of UnionPay and digital currency to make deposits.

Deposit MethodsProcessing 
Pembayaran Bank ATM, IndonesiaInstantly
Bank Transfer Malaysia Instantly
Union PayInstantly
COTC 365Instantly
Wire Transfer5 days
Thai QR PaymentInstantly
VN PayInstantly
Poli30 mins

Withdrawal Methods

The mediums used for deposit are as well available for withdrawal (wire transfer, Union pay, Poli, etc). Ec Markets does not charge a fee for withdrawal, although withdrawal through Wire Transfer may be partially charged by the bank. The minimum amount that can be withdrawn is $50. The medium used in making a deposit is the same medium client can use in withdrawing their principal first, and then clients can choose whatever medium they prefer to make other withdrawals.

Withdrawal requests submitted on weekdays from 9:00 to 18:00 will usually arrive within 2 hours while submissions outside this time frame are postponed to the next working week. 

How to withdraw Funds from Ec Markets

The following steps can be taken to make a withdrawal:

  1. Login to your user portal.
  2. Click on the “Withdrawal” button that is by the left hand side of your dashboard, under the “Asset” tab. 
  3. Select your preferred withdrawal medium and type in the amount you wish to withdraw. 

Education at Ec Markets

Ec Markets educational session is not as advanced as most other brokers, but it has some good educational materials such as the economic calendar that help traders keep track of events, report releases and announcements that have high impact on the market. It also offers its clients a function known as “forex glossary”. This is more like a forex dictionary where the meaning of forex terms can be looked up.

In the “Help section” under “New” tab, the broker throws some light on a number of subjects such as: basic trading term for forex trading and other instruments, what is leverage, dynamic margin requirement, fixed margin requirement, how to calculate margin, when does slippage happen, managing slippage, etc.

The broker also has a news blog that provides elaborate light on recent happenings in the world of finance. They talk on topics relating to oil, the dollar, major banks and every other major subject that would keep clients informed to make better forex trading decisions.

Ec Markets Education

Ec Markets Customer Support

Ec Markets customer support can be contacted via telephone on +44 (0)20 7621 7978. They can also be reached via Email: info@ecmarkets.co.uk. Active and potential clients of the broker can speak to a company representative via online message (live chat) or make use of the FAQ section to find answers to their questions. They can also be reached on social media channels, such as Facebook, Instagram, Twitter, YouTube and LinkedIn

Ec Markets Customer Support

Ec Markets Online Reviews

We will be highlighting what online users are saying about the broker and its services on different platforms in this section of the review. 

What Reddit Users Say About Ec Markets

On Reddit, the few times the broker came up was on some post involving Investment report where users complained about a number of brokers. The broker happened to be on that list. Another instance of where the broker’s name came up is on a review done on the site.

Ec Markets review on Reddit

What Quora Users Say About Ec Markets

There is no mention of the broker on Quora.

Ec Markets review on Quora

Trustpilot Users’ Review About Ec Markets

On Trustpilot, the broker has both good and bad ratings from its users. So many clients express their  joy as to how well they have been served while a few expressed serious dissatisfaction with the brokers performance and treatment. The broker has a total of 27 reviews with an average rating of 4.1 stars on Trustpilot.

Ec Markets review on Trustpilot

ForexPeaceArmy Users’ Review About Ec Markets

There is also no mention of the broker on forexpeacearmy.

Ec Markets review on Forexpeacearmy

Is Ec Markets Safe?

Ec Markets Group Ltd is authorized and regulated by the UK Financial Conduct Authority (FCA). The broker claims to be subjected to some of the most rigorous client money regulations in the world, thus safeguarding client’s money from that of the company. Client’s funds are held in segregated (in Trust) bank accounts with Barclays. These accounts are fully segregated from the firm’s own funds, and they are not used for any purpose other than for its client’s forex trading needs. The firm is a member of the Financial Services Compensation Scheme. As a client of the broker (eligible claimants), where the broker is unable to satisfy repayment claims in the unlikely event of the firm becoming insolvent, eligible claimants have the right to be compensated by the Financial Services Compensation Scheme (FSCS), up to £85,000.

Other Products and Services at Ec Markets

Besides the already discussed products  and services above, Ec Markets offers a list of other products and services to its traders. We will be discussing these additional products and services in this section of the review.

Partnership Program

Ec Markets runs a partnership program that clients can be a part of. Partners are expected to bring in new traders and earn a commission in return. Partners are promised on-time, stable and smooth transactions with their commission through the firm’s automated commission settlement system. By collaborating with an assigned account manager, partners can expand their business with professional marketing material including optimized landing pages banners, seasonal promotions, unique offers, and a constant flow of product additions that promote the firm’s products and services, which in turn puts money in the pocket of its partners.

Ec Markets Partnership program

Trading with APIs

For sophisticated traders seeking to connect via FIX API protocol, Ec Markets offers a number of opportunities to its clients. It is a partnership program in which the broker works with each client to identify the optimal solution through established FIX connections that provide access directly to customized liquidity pools with minimal latency. Traders can connect their account with custom-built platforms or trading systems and gain direct access to the ecosystem with faster order execution via their partners. They can access live market data faster and establish risk management parameters and hedging rules.

Bottom Line

Having been in the industry for over 10 years, Ec Markets boasts of having a fast market execution speed of 0.004 second. The firm offers its clients leverage as high as 1:500 on its assets and is regulated by the FSA, FCA and FSC. The broker does not have a proprietary trading platform but it offers trading through MT5 and MT4 on desktop and mobile devices. 

In this Ec Markets review, we explored the financial assets that clients can trade. The broker also offers educational materials such as a news blog, economic calendar, forex glossary and others. Email, phone call, live chat and social media platforms can be used to contact customer support. 

Q & A

The broker was founded in 2008.

To login to Ec Markets clients portal, go to the broker’s website and click on “Login”. Next, input your login details and click on “Login”.

The company is a member of the Financial Service Compensation Scheme. It is overseen by multiple regulatory bodies, provides negative balance protection and third-party audits for more transparency, so it is safe to say the broker is legit.

Yes it is. The broker is regulated by the Seychelles Financial Services Authority (FSA), the Financial Conduct Authority (FCA) and  the Mauritius Financial Services Commission (FSC).

No, it does not.

Crypto can not be bought on Ec Markets, but it can be traded as CFDs.

The maximum leverage offered by the broker is 1:500 but for clients residing in the UK or EU, the maximum leverage offered is 1:30.

The minimum deposit on Ec Markets is $100.

No, the broker does not charge withdrawal fees.

It depends on the time the withdrawal was placed and the withdrawal medium used but usually, withdrawal arrives within 2 hours of request. 

The broker offers some lerning materials but not a comprehensive one.

Ec Markets customer support can be reached through phone call, live chat, email and its social media pltforms.

No, the broker does not charge commision.

The broker’s fees are quite okay.

Yes, Ec market reviews are mostly positive.

No. The broker does not offer a proprietary trading platform. 

ECN account is the best account type on the broker as it offers super low spreads, faster market executions, etc.

Yes. Ec market is good for beginners.