East Spreads, leverage, minimum deposit Revealed

　　Note: East's official website: https://www.east-century.com/ is currently inaccessible normally.

　　Established in 1995, East is a forex broker registered in China, offering various trading options, including Forex, commodities, indices, and CFDs via the leading MT5 platform. However, East operates without regulatory oversight from any reputable financial body.

Pros and Cons

Is East Legit?

　　No, East is not regulated currently. Please be aware of the risk!

What Can I Trade on East?

Account Type

　　East offers a demo account for traders to practice with. However, the details for specific live account types are not mentioned.

Leverage

　　East Century provides leverage up to 1:100 – while not by much, this is still more than what regulatory bodies have deemed appropriate for retail traders.

Spread

　　As for the spread, we learn that the EUR/USD spread on the demo account is 1 pip fixed, a favourable Buy/Sell difference for traders.

Trading Platform

　　East Century provides access to the Metatrader5 (MT5) – a platform that is generally considered one of the best available. In this case, however, we dont recommend it – simply because East Century cannot be trusted. We would better suggest sticking with legit Metatrader5 brokers instead.

Deposit and Withdrawal

　　East accepts deposits via credit cards – this is quite beneficial. East has set its minimum deposit at $100.