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Score

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The WikiFX Score of this broker is reduced because of too many complaints!

ECNMarkets

United Kingdom|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://ecn-markets.com/

Website

Rating Index

Contact

+44-203-519-8254
sales@ecn-markets.com
https://ecn-markets.com/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
United Kingdom
Operating period
5-10 years
Company Name
ECN Markets
Abbreviation
ECNMarkets
Company employee
--
Customer Service Email Address
sales@ecn-markets.com
Contact number
442035198254
Company website
Keywords 4
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

FX695459

United States

This broker is not a good one. At the moment, they are restricting user accounts and preventing withdrawals. After trading on Ecn market platform for about a 6 month, with an initial deposit of $2000 and additional investments totaling about $74,000, they made it impossible for me to log back into my account; I tried contacting them, but they had decided to ignore all of my effort. It ultimately took a lawsuit brought by the legal department of Assetsclaimback Advisory to recover my profits and investment.

Exposure

2022-07-04

FX4068196618

United States

Of course I may not be able to narrate all my experience with this firm, but for a fact they denied my withdrawal after investing a lot over a long period and asked me to deposit more money of which i ran out confidence and money to put in. I was denied withdrawal and had to seek advise from Fintrack .org It has been revealed ECN Markets is a scam and the quick report that was made solved my withdrawal issues.

Exposure

2022-07-04

Fx4679443

United Kingdom

I invested $109,000 with ECNMarkets and lost everything.my account manger was the one who constantly nagging me to make more and bigger investments. He'll know why I'm not going to spend any more when he sees that I've already spent $109,000. He hasn't defrauded me in a while. I wasn't even able to log into my account online. They have ceased all contact with me. I've complained to the company numerous times, but nothing appears to be working.

Exposure

2022-07-01

何昕擘

Hong Kong

Trading went smoothly before 2019. Now, there are always spread, network stuck and slippage with the broker.

Exposure

2020-01-10

4
Website
Company Summary
Review

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Official website

Website

  • ecn-markets.com

    Server Location

    United States

    Website Domain Name

    ecn-markets.com

    Server IP

    3.234.181.234

Company Summary

Note: ECNMarkets is to operate via the website - https://ecn-markets.com/, which states that it currently does not have any sponsors for us. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

image.png

General Information & Regulation

ECNMarkets is allegedly a forex broker registered in the United Kingdom that claims to provide its clients with various tradable financial instruments on the industry-standard MetaTrader4 trading platform.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its leverage, spreads, minimum deposit, etc.

As for regulation, it has been verified that ECNMarkets does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.46/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

ECNMarkets advertises that it offers access to a wide range of trading instruments in financial markets, including over 30 forex currency pairs, indices and precious metals.

Trading Platform Available

The platform available for trading at ECNMarkets is one of the most notable and preferred trading platforms the market offers - MetaTrader4. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Customer Support

ECNMarkets‘ customer support can be reached by telephone: +44-203-519-8254, +44-203-519-1107, email: sales@ecn-markets.com. However, this broker doesn’t disclose other more direct contact information like the company address that most transparent brokers offer.

Pros & Cons

Pros & Cons

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

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