Score
East
China|2-5 years| https://www.east-century.com/En
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
China
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed East also viewed..
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Website
east-century.com
Server Location
Hong Kong
Website Domain Name
east-century.com
Server IP
116.213.40.205
Company Summary
Note: East's official website: https://www.east-century.com/ is currently inaccessible normally.
| EastReview Summary | |
| Founded | 1995 |
| Registered Country/Region | China |
| Regulation | Unregulated |
| Market Instruments | Forex, commodities, indices, CFDs |
| Demo Account | ✅ |
| Leverage | 1:100 |
| EUR/USD Spread | Fixed, 1 pip |
| Trading Platform | MT5 |
| Min Deposit | $100 |
| Customer Support | Email: info@east-century.com |
Established in 1995, East is a forex broker registered in China, offering various trading options, including Forex, commodities, indices, and CFDs via the leading MT5 platform. However, East operates without regulatory oversight from any reputable financial body.
Pros and Cons
| Pros | Cons |
| Diverse trading choices | Unregulated status |
| Demo accounts supported | Inaccessible website |
| MT5 platform | Limited payment options |
| Only email support |
Is East Legit?
No, East is not regulated currently. Please be aware of the risk!
What Can I Trade on East?
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFD | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
East offers a demo account for traders to practice with. However, the details for specific live account types are not mentioned.
Leverage
East Century provides leverage up to 1:100 – while not by much, this is still more than what regulatory bodies have deemed appropriate for retail traders.
Spread
As for the spread, we learn that the EUR/USD spread on the demo account is 1 pip fixed, a favourable Buy/Sell difference for traders.
Trading Platform
East Century provides access to the Metatrader5 (MT5) – a platform that is generally considered one of the best available. In this case, however, we dont recommend it – simply because East Century cannot be trusted. We would better suggest sticking with legit Metatrader5 brokers instead.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ❌ | / | Beginners |
| MT5 | ✔ | / | Experienced traders |
Deposit and Withdrawal
East accepts deposits via credit cards – this is quite beneficial. East has set its minimum deposit at $100.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Review 18
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FX2243631193
Taiwan
I deposited 30,000 but lost all of it. Stay away from it.
Exposure
2021-09-28
FX1169078433
Malaysia
after i requested for withdrawal, weirdly my position suffered a severe slippage. if you look at pictures attached below, my trading for the past few days has been going smoothly. up until i loss $13k usd on a single trade!
Exposure
2021-09-24
FX30059629787
Taiwan
Unable to withdraw. Please help.
Exposure
2021-09-17
Laurlan
Taiwan
Everyone has to keep your eyes open to see what is a real friend and what a fake friend is. I just used this black platform because I don’t know people well. Unable to withdraw money, only in and not out.
Exposure
2021-09-14
gustavo_fring
Malaysia
My position was liquidated out of nowhere. I set my stop loss and take profit, but still got wiped out. I opened a Sell Position for USOUSD (Crude Oil) at the price of $66.92, MT5 time 13:40:01. After that, in just a few minutes, the price spiked up to $69.67 at time 13:44, then followed by a new M1 candle (13:45) O: 69.67, H : 69.79, L :68.11, C : 68.16. Then it burst my account at price 69.69 ! Completely Stopped Out my Trading Account! I've opened a Demo Account with the same Broker and also other Brokers to check Crude Oil Price. But during that time, only my Broker's Chart price reached $69.69! Other Brokers, the highest price was $68.97! On the same day, I had requested to make a withdrawal of $4000. But the Customer Service said since it's my first time of making a withdrawal, they gonna need 24 hours to assess my withdrawal request. Since 14/5/2021, My trading was going smoothly. It's definitely not a coincidence that this happened.
Exposure
2021-08-26
FX1679298278
Taiwan
Currently unable to log in to the company’s website, change the name, scammer Everyone, pay attention to return my money. It's too damning.
Exposure
2021-07-04
咩咩55973
Taiwan
Ask for a 10% incom tax to withdraw funds! This is a fraud broker
Exposure
2021-07-02
咩咩55973
Taiwan
Can’t access MT5 today! As a result, the company’s website cannot be opened at all. Google EST found that the new website has changed the name to https://ecg-limited.com/Cn! With more than 40,000 US dollars of funds in me, I can't withdraw money at all! I hope everyone will pay attention because there is no way to ask for help. Who can tell me how to sue
Exposure
2021-07-02
FX3583063514
Venezuela
Hello, I invested in that platform. A staff contacted me on WhatsApp and he told me to invest in their platform. This is a broker, but they cooperated with the investment. I invested $550. A few days later they asked me For $570, I had a long conversation with the agent and only asked me to quit more, and in the end they lied to me.
Exposure
2021-06-25
张小姐
Hong Kong
Can’t withdraw funds without paying . The introducer doesn’t apply to me, neither does the broker
Exposure
2021-06-24
张小姐
Hong Kong
Unable to withdraw. A romance scam. Justice has long arms.... You will pay for what you did
Exposure
2021-06-23
张小姐
Hong Kong
Fraud broker. Unable to withdraw without paying unfreezing fees. Induce u to trade under the guise of building a relationship with u
Exposure
2021-06-23
FX1679298278
Taiwan
I wanna expose this platform. I have been cheated of T$100,000 I hope there will be no one cheated by 111. Pay attention!
Exposure
2021-06-08
kinlam hui
United Kingdom
I want to withdraw 100,000 but I should pay taxes first
Exposure
2021-06-06
kinlam hui
United Kingdom
I asked a customer service that I would like to withdraw one hundred thousand dollars, but the other party told me that I must pay taxes, so I paid another ten thousand dollars to be a customer service, but the customer service has been lost and can’t be contacted. Now, give me one hundred thousand dollars.
Exposure
2021-06-05
Dr Hii
Malaysia
The price of crude oil was from 66.87 to 69.67 at 13:44 of June 2, 2021. But then the price fell to 68.16(Open price was 69.67, the highest price was 69.70 and the lowest was 68.11, closing price was 68.16). My position was liquidated just within two minutes! I sold short at 13.40 with the price of 66.92 but the liquidation price is 69.69. What a coincidence! I compared the candlestick here with other’s. However, they are totally different. 69.69 was never hit. I believed that this is a fraud broker! If you used some other brokers, you can open the MT4/5 and see the chart. But you should see the price of two hours ago, cuz the price in EastCenturyGroup mt5 is 2-hour late. I applied for withdrawal in the afternoon of the same day. The customer service said it would took24 hours to handle the first withdrawal. But they made my positions wiped out at that night! It’s just a coincidence? My heart is broker... Stay away from the low-score broker! I think there are many other victims like me!
Exposure
2021-06-02
Jacky Chen99152
Taiwan
$2,000 has been required to activated the VIP account before I withdraw funds
Exposure
2021-05-08
Brad Adams
Australia
Try to withdraw and was told if I didn’t have my trading account above $50,000US I had to pay Profit tax!!! This is what they told me:- “Hello, sir, I have checked that your withdrawal amount is 39000 USD, and your withdrawal funds, I have checked that your funds have not reached the tax exemption standard of our exchange, and the tax exemption standard of our exchange is 50,000 USD. Then they wanted verification funds of 5% of the withdraw from the account the withdraw is to be deposited into.
Exposure
2021-04-16