Company Name
EC Markets Limited
Company Abbreviation
EC Markets
Platform registered country and region
United Kingdom
Company website
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Company summary
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Expose
| Registered in | United Kingdom |
| Regulated by | ASIC, FMA, FCA, FSA, FSCA |
| Year(s) of establishment | 10-15 years |
| Trading instruments | Foreign exchange spot standard contracts, commodity spot standard contracts (gold, silver, WTI, Brent, natural gas), index contracts, crypto currency spot contracts, US dollar index |
| Minimum Initial Deposit | 0 |
| Maximum Leverage | 1:500 |
| Demo account | Yes |
| Minimum spread | 0.0 pips onwards |
| Trading platform | MT4 |
| Deposit and withdrawal method | Union pay, otc365, tether, wire transfer, and some local payments such as THAI QR payment, VN PAY. |
| Customer Service | Email, phone number, social medias |
| Fraud Complaints Exposure | No for now |
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
| Regulatory Agency | Current Status | License Type | Regulated By | License No |
| Australia Securities & Investment Commission (ASIC) | Regulated | Market Making (MM) | Australia | 414198x |
| Financial Markets Authority (FMA) | Regulated | Market Making (MM) | New Zealand | 197465 |
| Financial Conduct Authority (FCA) | Regulated | Straight Through Processing (STP) | United Kingdom | 571881 |
| The Seychelles Financial Services Authority (FSA) | Offshore Regulated | Retail Forex License | Seychelles | SD009 |
| Financial Sector Conduct Authority (FSCA) | Regulated | Financial Service | South Africa | 51886 |
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.
| Feature | STD Account | ECN Account |
| Instruments | Forex, commodity spot contracts (gold, silver, WTI, Brent, natural gas), index contracts, US dollar index | Forex, commodity spot contracts (gold, silver, WTI, Brent, natural gas), index contracts, US dollar index |
| Spread | From 1.0 pips | From 0.0 pips |
| Leverage | Forex: 500:1, Metal: 500:1, Crude Oil: 200:1 | Forex: 500:1, Metal: 500:1, Crude Oil: 200:1 |
| Min. Order Size | 0.01 lot | 0.01 lot |
| Max. Order Size | Unlimited | Unlimited |
| Margin Call | 100% | 100% |
| Stop Out | 50% | 50% |
Trading Platform
| Platform | MetaTrader 4 (MT4) | MetaTrader 5 (MT5) |
| Availability | Desktop (PC & Mac), Mobile (iOS & Android) | Web, Desktop, Mobile |
| Execution Speed | Fast with instant order processing | Ultra-fast execution with Market Depth |
| Trading Tools | 50+ built-in technical indicators | 80+ indicators, 21 timeframes |
| Charting | Multi-timeframe analysis | Advanced charting & in-depth analysis |
| Automated Trading | Supports Expert Advisors (EAs) | Enhanced EA support & algorithmic trading |
| Risk Management | Customizable profit & loss control | Flexible leverage & order execution |
| Fundamental Analysis | Basic tools available | Real-time economic data & market insights |
| Copy Trading | Not available | Supports copy trading & trading signals |
| Swap Rates | Standard | Competitive swap rates |
| Mobile Trading | Free app for iOS & Android | Fully optimized for mobile trading |
| Download Options | Available on Apple & Google Play Store | Available on Apple & Google Play Store |
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.
| Deposit | Processing Time | Deposit Fee | Account Currency |
| UnionPay | Instant | 0% | CNY |
| OTC365 | Instant | 0% | CNY |
| Wire Transfer | T+5 | 0% | USD |
| Indonesia | Instant | 0% | IDR |
| Malaysia | Instant | 0% | MYR |
| Thai QR Payment | Instant | 0% | THB |
| VN Pay | Instant | 0% | VND |
| Poli | 30 mins | 4% | NZD |
| Withdrawals | Processing Time | Exchange Rate | Account Currency |
| UnionPay | Less than 2 hours (9:00 to 18:00, GMT+8) Other time: T+1 | Bank of China real-time exchange rate | CNY |
| OTC365 | Less than 2 hours (9:00 to 18:00, GMT+8) Other time: T+1 | Real-time rate | CNY |
| Wire Transfer | T+5 | Real-time rate | USD |
| Indonesia | T+1 | Real-time rate | IDR |
| Malaysia | T+1 | Real-time rate | MYR |
| Thai QR Payment | T+1 | Real-time rate | THB |
| VN Pay | T+1 | Real-time rate | VND |
| Poli | T+5 | Real-time rate | NZD |
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.
