| Forex broker | |
|---|---|
| Official website | |
| Social network | |
| Date of foundation | 1970 |
| Head Office | Suite 305, Griffith Corporate Center, Beachmont, Kingstown, St. Vincent and the Grenadines |
| Company owner | Esplanade Market Solutions Ltd. |
| Types of support | |
| Phone Support | +35-722-00-94-60Europe +852-800-931-465Hong Kong +63-180-013-200-005Philippines +254-207-640-470Kenya +7-800-551-38-35Russia |
| Languages | English, Turkish, Russian, Spanish, Armenian, Indonesian |
| Terminals | MetaTrader 4 (PC, Web, Mobile) |
| Min. first deposit | From 1 USD |
| Brokerage commission | Up to $4 per lot on FX and Metals on ECN account type, no commission on other accounts |
| Lot size | Until 100000 For forex |
| Maximum open positions | 500 On ECN MINI account type, on other accounts no restrictions |
| Bonuses | 100 % First deposit bonus |
| Leverage | Until 1:1000 |
| Spreads | From 0 points, floating |
| Free demo account | |
| Adjustable | Yes |
| Regulators | SVG FSA |
| Licenses | Licensed 22514 IBC 2015 (Active) |
| Types of accounts | Demo, ECN, ECN FIX, ECN MINI |
| Margin call / Stop out | 100/40 on ECN, 50/20 on other accounts |
| Transaction volume | Up to 100 lots |
| Peculiarities of trade | The broker specializes in fast execution of orders using the Electronic Communication Network technology |
| Order execution | Instant Execution (precise execution), Market Execution (at market price) |
| Methods of replenishment | Bank card (Visa/MC), Advcash, FasaPay, Wire transfer, Cryptocurrencies |
| Withdrawal methods | Bank card (Visa/MC), Wire transfer, Cryptocurrencies, Advcash, FasaPay |
| Number of assets | 260+ |
| Types of assets | Currency pairs Precious metals Stocks Cryptocurrencies Indexes Commodities ETF |
| Account Currencies | USD |
| Liquidity providers | AMTS Solutions |
| Mobile apps | |
| Weekend trading | For cryptocurrencies |
| Tournaments/competitions | No |
| Trader training | No |
| Contract Difference Commission | From 0.1 point |
| Swaps | There are swap-free accounts |
| PAMM trading | Yes |
| Analytics | Robot advisor and analyst recommendations 24/7, economic calendar and calculator |
| Margin trading | Yes |
| Affiliate Program | RegistrationIB and Multilevel, up to 90% broker income |
| Advantages | Free deposit and withdrawal Wide range of CFDs, including exotic ETFs and REITs Free opening of cent and Islamic (swap-free) account Commentary and video analysis on news and world events |
| Company requisites | Legal name: Esplanade Market Solutions Ltd. Legal address: Suite 305, Griffith Corporate Center, Beachmont, Kingstown, St. Vincent and the Grenadines |
| Date of update | February 7, 2024 |
| Overall assessment | 8.1/10 |
ECN.Broker is this a scam? Review and Customers Reviews
Contents
The events of 2022 have made traders quite nervous. We continue to write about possible exits for those who want to avoid infrastructure risks but maintain diversification and access to foreign markets.
ECN.Broker specializes in fast order execution using Electronic Communication Network technology. Forex broker does not belong to the jurisdiction of the countries Europe.
From the obvious advantages of working with a broker ecn.broker – deposit and withdrawal without commission, more favorable conditions than the market average, a large number of instruments for trade, including a very rare. For whom, in our opinion, this broker is suitable:
- active traders who want to save on commissions;
- investors who want to avoid asset freezes and new waves of financial sanctions;
- those who want to trade freely on the markets without the status of a qualified investor;
- those who want to work with their assets in a safe place.
Terms of trade in ECN.Broker:
- three types of accounts;
- trade commissions from $0;
- spreads from 0 pp;
- Zero deposit and withdrawal fees;
- 260+ trading instruments: currency pairs, indices, stocks, commodities, cryptocurrencies;
- Metatrader 4 terminal: web version, desktop applications for MacOS, Windows, mobile applications for iOS, Android.
What accounts can be opened in ECN.Broker
Three main types of account on the site ecn.broker are designed for different traders. For each type, you can request a free cent or swap-free option.
ECN
The broker has a classic ECN account with 0 pips floating spread and market order execution without requotes. The minimum deposit is $50. Currency pairs, indices, stocks, cryptocurrencies, precious metals, commodities and ETFs are available for trading.
ECN FIX
The main conditions – commission $0, fixed spread from 3 points. Deals are executed according to the Instant execution scheme, which guarantees the absence of price slippage. All trading instruments are available for trading.
ECN MINI
A simplified version of the classic account with reduced margin requirements. There is no trading commission, the minimum deposit amount is only $1. Spread – floating from 2.5 points. Only basic instruments are available.
Registration, deposit, withdrawal
To start trading in ECN.Broker, you just need to fill the registration form on the website and confirm your email. At this moment you can deposit your balance and start trading in the MT4 terminal. To test the broker’s conditions, you can make a free demo or cent account. Additional verification takes a few hours. Withdrawal can take from a couple of hours to several days depending on the payment system.
Bonuses for customers
The broker offers bonuses and an affiliate program.
First deposit bonus
The broker’s permanent offer is a bonus up to 100% from the first deposit. The bonus fully participates in the drawdown and can be withdrawn from the account after working it off.
Affiliate Program
Traders who join the programs receive up to 90% of broker’s income with daily accrual. Partners can choose one of three programs:
- IB with three levels of reward;
- Multilevel with eight levels;
- The possibility of opening a representative office of a broker.
Site ecn-broker.live
A number of blocked domains and non-working versions of the site may lead users to believe that ECN.Broker is a fraud, but blocking foreign financial organizations is standard practice.
If there are any complaints about ECN.Broker, we will be sure to publish information on social networks. Sign up so you don’t miss anything!
Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!
User Agreement
Before planning a long-term cooperation with the broker, it makes sense to study the legal documents in the “About Us” tab: among other things, there will be a user agreement. It contains basic information about the principles of the resource, the rights and mutual obligations of the client and the broker, as well as a reminder of the risks. If you have any questions, you can clarify them with the support service of ECN.Broker.
ECN.Broker – is it a scam?
The broker has been operating for more than seven years and is considered one of the best for building an affiliate network and short-term trading. The service is especially popular in Asian countries.
Over the years, the team has ECN.Broker has earned a reputation as a reliable professional, responding quickly to clients’ problems and requests. The broker can even add a new trading instrument upon individual request.
Conclusion
Based on the technical and reputational characteristics we discussed above, ECN.Broker remains one of the best options for traders and investors. According to our estimates, the risks of working with the broker are minimal. If we have new information about the company, we will supplement and expand this review.
Reviews
- In ascending order of rating
- In descending order of rating
- New ones first
- First the old ones
- Popular ones first
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Feedback approved for publication Rate your review 000I love these guys
I am writing to all review sites because I finally found a good company to trade with and I advise everybody, they are the people to know everyone!
I’ve been trading at ECN for a couple of months now and geez, where were they before. Spreads, commissions, withdrawals – everything is honest, as written… Read more
Positive- damn that's it
- account conditions
- copy trading (I run my own strategy, subscribe)
- tickers are all you need
- withdraw without problems
Minuses- I didn’t understand everything right away
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Feedback approved for publication Rate your review 000Better than I thought
I didn’t expect such a comfortable trading experience. I left here after being banned from another broker who refused to work with the RF.
Now I hold funds at three different brokers, I diversify. My broker in Russia can banned western instruments, in american broker can banned me as a russian. But… Read more
Positive- spreads
- no commissions for deposits and withdrawals
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Feedback approved for publication Rate your review 000Finally good trading conditions
I traded a lot with different companies, but all the good conditions came to an end somehow quickly. It turned out that low commissions were given for a month, then There’s not even a demo account to look at the real trading conditions. And then you open an account and it turns out that everything is… Read more
Positive- Everything you need for real ECN trading
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Feedback approved for publication Rate your review 000normal broker
I came as an affiliate, I trade and get affiliate interest.
My style is conservative, I opened a swap-free.Some of the best trading conditions for me. Plus adequate support.
Positive- tools
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Rate your review 1+10Rumors don't lie)
I know that everyone has their own trading styles and principles and it’s silly to recommend one thing to everyone. I’ve heard a lot about ECN.Broker in the trading community, and I decided to open an account here, although I already have accounts at RoboForex and Alfa Forex. I was very satisfied with… Read more
Positive- Honest withdrawal without commissions
- many different instruments
- good conditions for short-term trading
Minuses- withdrawal of funds takes a long time
ECN.Broker reviews
- New0
- Resolved0
- Not resolved0
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