Lời nói đầu:ECHForex is a broker. The tradable instruments with a maximum leverage of 1:500 include Brent crude oil, Dow Jones, bitcoin, EUR/USD, and Boeing. ECHForex is still risky due to its unregulated status, high leverage, and inaccessible office websites.
ECHForexReview Summary | |
Founded | 2-5 years |
Registered Country/Region | Australia |
Regulation | Unregulated |
Market Instruments | Brent Crude Oil, Dow Jones, Bitcoin, EUR/USD, and Boeing |
Demo Account | Not mentioned |
Leverage | Up to 1:500 |
Spread | Not mentioned |
Trading Platform | Not mentioned |
Min Deposit | Not mentioned |
Customer Support | Phone: +44(0)130 23 481 |
Email: support@echforex.com |
ECHForex is a broker. The tradable instruments with a maximum leverage of 1:500 include Brent crude oil, Dow Jones, bitcoin, EUR/USD, and Boeing. ECHForex is still risky due to its unregulated status, high leverage, and inaccessible office websites.
Pros | Cons |
Leverage up to 1:500 | Unregulated |
Various instruments | Inaccessible office website |
Unspecific information |
ECHForex is not regulated, even though it claims to be regulated by ASIC, DFSA, SCB, and FCA. However, an unregulated broker is not as safe as a regulated one.
Traders can choose different investment directions because the broker provides Brent crude oil, Dow Jones, bitcoin, EUR/USD, and Boeing.
Tradable Instruments | Supported |
Brent Crude Oil | ✔ |
Dow Jones | ✔ |
Bitcoin | ✔ |
EUR/USD | ✔ |
Boeing | ✔ |
Shares | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
ECHForex has account types: Base, Advanced, and Professional. Traders who want both low spreads and low leverage can choose a base account and those with sufficient budget can open a professional account.
Account Type | Base | Advanced | Professional |
Minimum deposit | $500 | $1000 | $10000 |
Leverage | 1:20 | 1:500 | 1:500 |
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
ECHForex supports 24-hour personal support and traders can contact ECHForex via phone and email.
Contact Options | Details |
Phone | +44 (0) 130 23 481 |
support@echforex.com | |
Supported Language | English/Chinese |
Website Language | English/Chinese |
Physical Address | 23, Sturt Street, Melbourne, Vlc 3008, Australia |
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