Category | Details |
Regulation and License | FCA (UK), ASIC (Australia), FSA (Seychelles), FSC (Mauritius), FMA (New Zealand), FSCA (South Africa) |
Founding Year | 2012 |
Leverage Range | Up to 1:500 |
Platforms | MetaTrader 4, MetaTrader 5 (Desktop, Web, Mobile) |
Demo Account | Yes |
Base Currencies | USD |
Customer Support | Available during business hours (No 24/7 support) |
Crypto Trading | Yes (Cryptocurrency CFDs) |
Established in 2012, EC Markets is a globally recognized multi-asset broker offering traders access to over 100 financial instruments, including forex, precious metals, crude oil, indices, and cryptocurrency CFDs. The broker is committed to providing optimized trading conditions, featuring fast and reliable execution, highly competitive spreads starting from 0.0 pips, and leverage up to 500:1. With a focus on both novice and professional traders, EC Markets delivers seamless, lightning-fast, and robust solutions tailored to meet diverse trading objectives.
In this detailed review of EC Markets, we will explore its regulation, trading platforms, fees, tradable markets, and customer support services, helping traders determine if this broker aligns with their trading goals.
EC Markets operates under a strong regulatory framework, ensuring a safe and transparent trading environment. The broker is authorized and regulated by multiple reputable financial authorities:
Regulator | License Number | Entity |
Seychelles Financial Services Authority (FSA) | SD009 | EC Markets Limited |
Financial Conduct Authority (FCA) | 571881 | EC Markets Group Ltd |
Mauritius Financial Services Commission (FSC) | GB2100130 | EC Markets Limited |
Australian Securities and Investments Commission (ASIC) | 414198 | EC Markets Financial Limited |
New Zealand Financial Markets Authority (FMA) | FSP197465 | EC Markets Financial Limited |
South Africa Financial Sector Conduct Authority (FSCA) | 51886 | EC Markets Financial Limited |
EC Markets’ commitment to strict security and transparency standards is reinforced by these multiple regulatory licenses. The broker follows rigorous compliance policies, ensuring all client funds are held in segregated accounts with reputable banks.
To enhance client safety, EC Markets also provides negative balance protection, shielding traders from excessive losses due to sudden market movements. Additionally, the broker employs advanced SSL encryption to secure client data and financial transactions, further strengthening its commitment to a secure trading environment.
EC Markets offers a transparent and cost-effective fee structure across its three account types: ECN Account and Standard (STD) Account. Below is a breakdown of the trading costs associated with each account type:
Fee Type | ECN Account | STD Account | PRO Account |
Spreads | From 0.0 pips | From 1.0 pips | As low as 0.0 pips |
Commission | $3 per lot per side | None | None |
Deposit Fees | None | None | None |
Withdrawal Fees | None (may vary by payment provider) | None (may vary by payment provider) | None (may vary by payment provider) |
Inactivity Fees | None | None | None |
EC Markets is known for its low trading costs and tight spreads, which can start as low as 0.0 pips on the ECN Account. Traders using the ECN Account are charged a commission of $3 per lot per side, while the Standard Account is commission-free, making it a cost-effective choice for traders who prefer spread-based pricing.
Additionally, EC Markets does not charge deposit or withdrawal fees, although traders should be aware that third-party payment providers or banks may impose their own fees for international transactions. The broker also does not impose inactivity fees, allowing traders the flexibility to take breaks without incurring additional costs.
Because of its sophisticated functionality and dependability, MetaTrader 4 (MT4) is still one of the most widely used trading platforms on the market. It has features like these and is made for both inexperienced and seasoned traders.
Building on MT4's benefits MT5 offers more features for users looking for more sophisticated tools and asset classes. Key features include:
EC Markets offers a diverse range of financial products, enabling traders to diversify their portfolios across various asset classes. The broker provides access to over 150 tradable instruments, accommodating a variety of trading styles and preferences.
EC Markets' diverse range of instruments and favorable trading conditions provide traders with flexibility as they explore various markets. Understanding the specific characteristics and associated costs of each asset class is crucial for those considering trading with this broker.
EC Markets provides three main account types to cater to different trading styles and experience levels. Each account type offers distinct benefits, including competitive spreads, high leverage, and optimized execution speeds.
Feature | |||
Spreads | From 1.0 pips | From 0.0 pips | From 0.0 pips |
Commission | None | $3 round turn | None |
Leverage | Up to 500:1 (depending on the asset) | Up to 500:1 (depending on the asset) | Up to 500:1 (depending on the asset) |
Minimum Order Size | 0.01 lot | 0.01 lot | 0.01 lot |
Maximum Order Size | Unlimited | Unlimited | Unlimited |
Margin Call Level | 100% | 100% | 100% |
Stop-Out Level | 50% | 50% | 50% |
The Standard Account is designed for traders who prefer a spread-based, commission-free trading structure. It is an excellent choice for beginners and those who prioritize simplicity and convenience.
The ECN Account is tailored for professional traders looking for the tightest spreads and direct market access. This account is perfect for scalping and high-frequency trading.
The PRO Account is built for high-volume traders and institutions that require superior trading conditions, including zero commissions and tight spreads.
EC Markets ensures that each account type offers optimal trading conditions, giving traders the flexibility to choose an account that aligns with their trading style.
EC Markets offers a variety of convenient deposit and withdrawal methods to accommodate traders from different regions. The broker emphasizes efficiency and transparency in its funding processes, ensuring that clients can manage their accounts with ease.
The following deposit methods are available:
Payment Method | Processing Time | Deposit Fee | Account Currency |
UnionPay | Instant | 0% | CNY |
IndonesiaPay | Instant | 0% | IDR |
MalaysiaPay | Instant | 0% | MYR |
ThailandPay | Instant | 0% | THB |
VietnamPay | Instant | 0% | VND |
PoliPay | 30 minutes | 4% | NZD |
Note: Processing times and fees are subject to change. It's advisable to check the latest information on the official EC Markets website.
Withdrawals are processed efficiently, with the following details:
Payment Method | Processing Time | Exchange Rate | Account Currency |
UnionPay | Less than 2 hours (9:00 to 18:00, GMT+8); outside these hours: T+1 | Bank of China real-time exchange rate | CNY |
IndonesiaPay | T+1 | Real-time rate | IDR |
MalaysiaPay | T+1 | Real-time rate | MYR |
ThailandPay | T+1 | Real-time rate | THB |
VietnamPay | T+1 | Real-time rate | VND |
PoliPay | T+5 | Real-time rate | NZD |
Note: "T+1" indicates that the transaction will be processed on the next business day, while "T+5" indicates processing within five business days.
EC Markets is dedicated to providing traders with a robust selection of educational resources and analytical tools designed to enhance trading knowledge and improve decision-making. These resources cater to traders of all experience levels, from beginners learning the fundamentals to advanced traders refining their strategies.
Resource | Description |
A detailed glossary defining essential trading terms and financial jargon to help traders understand industry terminology. | |
Structured courses covering market fundamentals, technical analysis, risk management, and trading strategies, designed for traders at all levels. |
Tool | Description |
A regularly updated news section that provides insights into global economic events, financial trends, and potential trading opportunities. | |
A real-time event tracker that displays upcoming economic announcements, helping traders anticipate market volatility and adjust their trading strategies accordingly. | |
A plugin that enhances the MetaTrader 4 platform with advanced indicators like Analyst Views, Adaptive Candlesticks, and Adaptive Divergence Convergence for better market analysis. |
EC Markets ensures that traders have access to comprehensive learning materials and analytical tools, allowing them to stay informed, refine their strategies, and make well-informed trading decisions.
EC Markets offers a comprehensive Partnership Program designed to provide competitive commissions, flexible cooperation models, and instant payment processing, making it an attractive choice for introducing brokers (IBs) and affiliates. The program is backed by dedicated account managers and marketing teams, ensuring strong business growth and long-term collaboration.
Partnership Type | Description |
Introducing Broker (IB) Program | A partnership designed for individuals and businesses looking to refer clients to EC Markets in exchange for a highly competitive rebate structure. IBs earn commissions based on their referred clients' trading volume. |
Affiliate Program | A partnership for digital marketers, website owners, and social media influencers who can drive traffic to EC Markets. Affiliates receive performance-based commissions with the potential to scale earnings. |
EC Markets' highly rewarding Partnership Program ensures that affiliates and IBs can maximize their earnings while benefiting from transparent commission structures, advanced tracking tools, and dedicated support.
EC Markets is committed to providing exceptional customer support to assist traders with their inquiries and ensure a seamless trading experience. The broker offers multiple channels for clients to reach out to their support team.
Clients can contact EC Markets via telephone or email for prompt assistance with their trading accounts, platform issues, or any other concerns.
EC Markets values client feedback and encourages traders to share their experiences, suggestions, or questions. A contact form is available on their website for submitting inquiries directly to the support team.
By offering these support channels, EC Markets ensures that clients have access to timely and effective assistance, enhancing their overall trading experience.
Pros | Cons |
Regulated Broker: Overseen by multiple authorities (FSA, FCA, FSC, ASIC, FMA, FSCA), ensuring trader security. | No weekend customer support, which may be inconvenient for some traders. |
MT4 and MT5 Platforms: provides access to MetaTrader 4 and MetaTrader 5, two of the most widely used trading platforms with advanced tools and automation features. | No proprietary trading platform for tailored experiences. |
Diverse Instruments: Offers Forex, metals, crude oil, indices, and cryptocurrency CFDs, allowing traders to diversify their portfolios. | Does not include direct stock or ETF trading. |
Competitive Trading Conditions: Features tight spreads (as low as 0.0 pips on ECN accounts), high leverage up to 500:1, and fast execution speeds. | |
Fast Withdrawals: Withdrawals are processed within 2 hours during business hours, ensuring quick access to funds. |
EC Markets has positioned itself as a fully regulated and comprehensive trading broker, offering a secure and transparent trading environment. With over a decade of experience, the broker provides traders access to a diverse range of financial instruments, including Forex, metals, crude oil, indices, and cryptocurrency CFDs, allowing traders to implement various trading strategies.
To accommodate different trading styles, EC Markets offers three account types—Standard, ECN, and PRO—ensuring that traders can choose an account that aligns with their experience level and trading preferences. The availability of MetaTrader 4 and MetaTrader 5 enhances the trading experience, providing advanced charting tools, automation features, and real-time market analysis.
The broker also stands out for its educational resources and trading tools, including a Forex glossary, structured online courses, an economic calendar, financial news updates, and MT4 indicator plugins. These tools empower traders to make informed trading decisions and improve their market analysis skills.
EC Markets prioritizes efficiency and security in fund management, offering fast deposit and withdrawal processing times, with most withdrawals completed within 2 hours during business hours. The broker maintains a straightforward pricing structure with low trading costs, tight spreads (as low as 0.0 pips on ECN accounts), and no deposit or withdrawal fees from their side (though third-party fees may apply).
Additionally, the broker ensures strong customer support, offering 24/5 assistance through live chat, email, and phone. Traders can reach out anytime during trading hours for help with account issues, platform support, or general inquiries.
Yes, EC Markets is overseen by reputable financial authorities. The broker follows stringent regulatory guidelines to ensure transparency, fund safety, and compliance with international standards.
EC Markets offers three main account types to cater to different trading styles and experience levels:
Yes, EC Markets provides a demo account for traders to practice strategies and become familiar with the platform. The demo account is loaded with virtual funds and simulates live market conditions.
EC Markets supports the popular MetaTrader 4 (MT4) platform. MT4 provides advanced charting tools, automated trading via Expert Advisors (EAs), and support for desktop, web, and mobile devices.
EC Markets provides access to over 150 financial instruments, including:
EC Markets offers a variety of deposit and withdrawal options, including:
Withdrawals are processed in as little as 2 hours during business hours.
EC Markets does not charge deposit fees for the majority of payment methods. While the broker does not charge any withdrawal fees, traders should be aware that third-party providers or intermediary banks may charge additional fees.
Yes, EC Markets provides a range of educational materials, including:
Yes, EC Markets provides beginner-friendly features like the Standard Account, educational resources, and a demo account for practice. The platform's user-friendly design and 24-hour customer support also make it appropriate for new traders.
EC Markets provides 24/5 customer support through:
Additionally, traders can use the contact form on the website for inquiries.
Yes, EC Markets has a Partnership Program that includes flexible commission structures, professional marketing support, and automated settlement systems. The program is designed to help partners grow their business and earn competitive rewards.
Yes, EC Markets provides cryptocurrency CFDs, which enable traders to speculate on the price movements of popular digital currencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP).
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