Score
ECN Swiss
Germany|5-10 years| https://www.ecnswiss.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Germany
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
ecnswiss.com
Server Location
United States
Website Domain Name
ecnswiss.com
Server IP
104.27.144.145
Company Summary
Note: ECN Swiss's official website - https://www.ecnswiss.com/ is currently inaccessible normally.
| ECN Swiss Review Summary | |
| Founded | / |
| Registered Country/Region | Germany |
| Regulation | Not regulated |
| Market Instruments | CFDs on currency pairs, indices, metals, commodities and stocks |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | From 1 pip (Bronze account) |
| Trading Platform | MT4, MT5 |
| Min Deposit | $500 |
| Customer Support | Email: support@ecnswiss.com |
ECN Swiss is an unregulated broker, providing CFD trading on currency pairs, indices, metals, commodities and stocks with leverage up to 1:500 and spread from 1 pip on the Bronze account via the MT4 and MT5 platforms. The minimum deposit requirement to open a live account is as high as 500 USD.
Pros and Cons
| Pros | Cons |
| Various trading assets | Unavailable website |
| Multiple account types | Not regulated |
| Commission-free accounts offered | High minimum deposit |
| MT4/5 platform | Only email support |
| Popular payment options |
Is ECN Swiss Legit?
No, ECN Swiss is not regulated. The Spanish financial watchdog (the CNMV), has blacklisted it as a potential scammer. Besides, the Spanish CONSOB also issues a warning of it. Please be aware of the risk!
What Can I Trade on ECN Swiss?
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Currency pairs | ✔ |
| Indices | ✔ |
| Metals | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
| Bronze | $500 |
| Gold | $10,000 |
| Platinum | $20,000 |
Leverage
ECN Swiss allows its clients to use leverage of up to 1:500, higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.
| Account Type | Max Leverage |
| Bronze | 1:500 |
| Gold | 1:400 |
| Platinum | 1:300 |
Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.
Spread and Commission
| Account Type | Spread | Commission |
| Bronze | From 1 pip | ❌ |
| Gold | Fixed | ❌ |
| Platinum | From 0.0 pips | ✔ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Web, Desktop, Mobile | Beginners |
| MT5 | ✔ | Web, Desktop, Mobile | Experienced traders |
Deposit and Withdrawal
ECN Swiss accepts deposit and withdrawal via Visa, MasterCard, bank wire and WebMoney.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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