Score

1.39 /10
Danger

East Center Group

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Time Machine
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Score

Regulatory Index0.00

Business Index6.07

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

East Center Group · Company summary

General Information

Founded in 2000, EAST Center Group is a financial service company headquartered in Hong Kong with direct branches some other countries including the United States, Vanuatu, Sydney, Australia. EAST Center Group offers a wide selection of trading instruments for both institutional and individual clients from 100 countries, and traders can trade all these products through a single account. With more than 330,000 active traders on MT5, EAST Center Group offers more than 100 trading asses and 24/7 customer support.

Market Instruments

With EAST Center Group, traders or investors can get access to a series of mainstream financial markets, including forex exchange, precious metals (gold & silver), energy (crude oil, natural gas), futures, as well as major global indices.

Account Types

On the EAST Center Group, this broker states that it offers several flexible trading accounts to satisfy different traders trading needs. But there is no an exclusive part to illustrate detailed account features.

How to open an account ?

Opening an account with EAST Center Group is a fast and easy process. You just need to click on Create Live account, fill out the form and you will receive the login information in your email inbox immediately after completion. All account bids are settled in USD currency. After your account is funded, you can start to trade.

Leverage

Concerning the trading leverage, EAST Center Group offers flexible trading leverage, ranging from 1:100 to 1:500. Leverage allows traders to have the chance to make a fortune with only a small sum of money, however, it can also cause to losses, especially to inexperienced traders. Inexperienced traders are advised not to use too high leverage.

Spreads & Commissions

EAST Center Group says it offers floating spreads as low as 0.1 pips, but it does not specify spreads on particular instruments.

Trading Platform Available

When it comes to trading platforms offered, EAST Center Group offers its client access to the worlds popular trading platform-MetaTrader 5 platform. Some features and functionalities of the MT5 including the following:

l User-friendly interface

l More than 50 technical indicators and analytic tools

l No requotes, the worlds top server NY4

l The fast execution speed is less than 40 milliseconds

l Personal customer support

Trading

The MT5 trading platform can be available on multiple devices including Windows, IPhone, and Android.

Demo Accounts

allow newcomers to open a demo account to practice their trading strategy and test t EAST Center Group he trading platform without risking their real money. You can use up to $100,000 virtual capital in their demo accounts.

Deposit & Withdrawal

The minimum deposit and withdrawal amount is unknown. Payment methods for traders to make a deposit and withdrawal are also not disclosed on this broker website. Some popular payment methods include Credit Cards, Bank Transfer, as well as some e-wallets processors such as Skrill, Neteller, PayPal, and more.

Customer Service

EAST Center Group offers multilingual customer support, and they can be reached through online chat. Besides, there is contact form displayed on its website for traders to fill out some of their basic contact details, then waiting to be contacted.

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