Score

1.40 /10
Danger

ECCapital

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.13

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Regulatory disclosure

Broker Information

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Company Name

ECC CORP LLC

Company Abbreviation

ECCapital

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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ECCapital · Company summary
basic-info

General Information

Registered in the Saint Vincent and the Grenadines, ECCapital is a forex broker providing access to a massive financial market, such as Forex, Cryptocurrencies, Stocks, Futures. With the ECCapital platform, four trading accounts are available, with the minimum initial deposit to trade with this broker starting at€250, leverage that can be used up to 1:100.

ECCapital is not authorized or regulated by any regulatory authorities. Please be aware of the risk.

Market Instruments

With the ECCapital platform, investors can get access to diversified range of trading instruments, including over 60 Currency Pairs, Cryptocurrencies, Stocks, Metals, Futures, Energies, Shares.

market-instruments

Account Types

ECCapital provides four tiered trading accounts to accommodate different traders‘ trading needs, namely Bronze, Silver, Gold, Platinum. To open a Bronze account, you need to fund at least €250, much higher than most legit forex brokers’ requirements for this types of accounts. Other accounts also requires high deposits, with the Silver account from 2,500, the Gold account from €10,000, and the Platinum account from €50,000.

Extra vigilance should be taken when dealing with an unregulated forex asking high deposits.

account-types

How to open an account with ECCapital?

Opening an account with ECCapital is an easy and simple process:

1. Click the “Open Live Account” link, and fill up some required details on the popping-up page.

account

2. Upload your personal data for this company to verify your details.

3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.

Leverage

Trading leverage differs depending on trading accounts, ranging from 1:30 to 1:100, higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.

Leverage can magnify gains, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Spreads & Commissions

ECCapital says it provides a zero-commission trading environment, with spreads offered by these four trading accounts from 2.8 pips, 2.5 pips, 1.5 pips, 0.1 pips, respectively.

spread-commission

Trading Platform

What ECCapital offers is not the MT4 or MT5 trading platform, a Webtrader instead. Besides, Mobile App is also provided.

Payment Methods

The minimum deposit is€250. ECCapital allows its clients to make a deposit and withdrawal through VISA, MasterCard.

Customer Support

Clients have any inquiries or trading-related issues can also get in touch with Culture Capital through the following channels:

Telephone: +442070971120

Email: support@eccapitals.com

A Contact Form

Registered Address: First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St Vincent and the Grenadines

customer-support

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

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FX1324764392
more than one year
I am trading with a Bronze account now, and I did meet some problems. Sharp slippage and high overnight fees make me want to leave now. The lack of mt4 trading platform is another drawback as its current WebTrader is not useful.
I am trading with a Bronze account now, and I did meet some problems. Sharp slippage and high overnight fees make me want to leave now. The lack of mt4 trading platform is another drawback as its current WebTrader is not useful.
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2023-03-03 11:31
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