ECMarkets Forex Review

| Leverage |
1:200 |
| Minimum Deposit |
$100 |
| Minimum Lot Size |
0.01 Lots |
| Broker Type |
Market Maker |
| Deposit methods |
Credit/Debit Cards; Moneybookers; Bank Wire |
| Spreads/Commission |
Fixed. From 4 Pips on Micro Accounts and 2 Pips on Platinum Accounts |
| Regulation |
FSA, MiFID, CySEC, Banque de France, CONSOB, CNMV, AFM, BaFin, FI, The Danish FSA |
| Trading Platform |
MT4, ECTrader Lite, EC Mobile Trader, ECPro Auto Trader, ECWeb Trader |
| Islamic/Swap Free Accounts |
Yes |
ECMarkets is a new forex broker that is backed by SafeCap Investments Ltd, based in Cyprus. SafeCap Investments Ltd is a popular business group that manages other big forex sites such as Markets.com. ECMarkets offers forex trading platforms from the regular desktop MT4 version to Mobile and web based forex trading platforms as well. A wide range of instruments in Forex, CFD’s and indices makes ECMarkets a unique forex broker that offers a good choice of instruments to trade with. ECMarkets is regulated by various financial firms across various geographical regions. This includes CySec (Cyprus), ASIC (Australia), CONSOB (Italy), BaFin (Germany), AFM (Netherlands) and many more.
ECMarkets – Account Types
ECMarkets offers three types of forex trading accounts, namely:
- ECMarkets Mini Account: A minimum deposit between $100 – $2,499 is required to open a ECMarkets Mini Account. This entitles the ECMarkets Mini Account Holder to take advantage of the ECMarkets Welcome Bonus of up to $250 and an optional access to exclusive Mobile News Service for an additional $20 a month.
- ECMarkets Standard Account: The minimum deposits need to be between $2,500 – $19,999 to open an ECMarkets Standard Account. The benefits of opening an ECMarkets Standard Account Holder includes a Welcome Bonus of up to $2000 and free access to the Mobile News Service. ECMarkets Standard Account holders will also be entitled to exclusive educational resources to help formulate a successful forex trading strategy.
- ECVIP Account: Requiring a minimum deposit of at least $20,000 , the ECVIP account holder benefits from having unrestricted usage of their very own Personal Market Dealer. The ECVIP account gives the account holder unlimited access to ECMarkets Mobile News Service as well as Free FX Signals (SMS). There are also opportunities for exclusive private one-to-one training/trading sessions with leading industry experts
- ECMarkets Demo Account: For traders who are beginners or for those who wish to sample the ECMarkets trading conditions a Demo Account is made available with a demo funds of $100,000. This is an ideal way to get started with EC Markets
ECMarkets – Trading Platforms
ECMarkets offers different kinds of forex trading platforms to choose from. Presently, ECMarkets offer a choice of 5 types of forex trading platforms including the very popular MT4 platform.
- MetaTrader 4: The MT4 trading platform offers a wide selection of trading tools and indicators enabling single-click trading directly from the charts. ECMarket’s MT4 platform offers an easy way to open and close trader positions, including acting on orders directly from the charts and quotes window. The MT4 trading platform combines the simplicity and efficiency that is flexible to be tailored to a trader’s specific needs as well as tools such as EA’s.
- ECTrader Lite: Easy-to-use downloadable platform, the ECTrader Lite is a comprehensive Foreign Currency and CFD trading platform suitable for every level of investor. This downloadable simple-to-use platform is easy to install and operate, and comes with a flexible, one-click drag-and-drop interface.
- ECMobile Trader: ECMarkets mobile traders allows for easy access to manage the trading portfolio from anywhere through an Internet enabled smartphone. The Mobile trader provides access to up-to-the-minute market news. ECMarkets clients can evaluate the financial data and trade instantaneously through the mobile phone. ECMarkets Mobile trader is supported on most phones including – Iphones, Smart Phones, and Androids etc.
- ECPro AutoTrader: The ECPro AutoTrader allows traders to mirror other trader’s strategies. Available in a downloadable version the ECPro automated trading platform allows every trader the opportunity to trade using proven successful trading strategies, even when away from the platform.
- ECWeb Trader: The ECWeb Trader platform is a perfect trading tool that enables access to the ECMarkets portfolio from anywhere in the world. No download or installation is required to access the ECWeb Trader. The ECWeb Trader is ideal for investors who use a non-Windows based computer
ECMarkets Trading Instruments
ECMarkets offers one of the biggest range of trading instruments across currencies, commodities, stocks and bonds. With over 47 currency pairs that includes both majors as well as exotic currency pairs, there is no shortage of excitement when trading currencies with ECMarkets. A collection of over 18 Indices across the Americas, European and Asian markets makes ECMarkets a trading platform for traders from around the world.
Trading forex with ECMarkets
ECMarkets is a new forex broker that is backed by one of the well known business group SafeCap Investments Ltd. Being licensed by financial authorities from different geographic locations, ECMarkets makes for a safe and reliable forex broker to trade with. The choice of trading accounts when coupled with the different types of trading platforms being offered at ECMarkets allows for complete flexibility of choice for those considering to trade forex with ECMarkets.
ECMarkets » Open Account
Jones LeBronteJan 19, 2012 at 11:45
This is a new broker, but they do a fairly good job. I initially tested them with a $500 deposit and the spreads are decent. Overall a good trading experience