
Overall, Ec Markets can be summarised as a reliable and trustworthy broker and is considered fairly low-risk with competitive trading spreads. Ec Markets has an overall trust score of 80 out of 99. Ec Markets offers 150+ tradable instruments and no commission fees for STD accounts.
Ec Markets At a Glance
Broker's Name | Ec Markets |
🏛️ Headquarters | Kingstown, St. Vincent and the Grenadines |
📅 Year Founded | 1957 |
⚖️ Regulating Authorities | Financial Services Authority of Seychelles with license number: SD009 |
🌐 Countries not accepted for trade | Residents in the UK, EU and USA |
📌 Accounts | ECN Account STD Account Mini Account |
☪️ Islamic account (swap-free) | No |
📒 Demo Account | Yes |
✴️ Institutional Accounts | No |
👨🏼💼 Managed Accounts | yes |
⬆️ Maximum Leverage | 1:500 |
👉 Sign Up Bonus | No |
💰 Minimum Deposit | $10 USD / R160 ZAR |
💳 Spread | From 0.00 - 1.2 pips |
💳Fees | No Deposit or withdrawal fees |
💳 Deposit Options | Bank transfer |
💳 Withdrawal Options | Bank transfer |
📊 Platform Types | MetaTrader 4, MT Mobile, and WebTrader |
📶 OS Compatibility | Web, Android, iOS |
📈 Tradable assets offered | Major FX Pairs, Minor FX Pairs, Precious Metals, CFD Indices, Crude Oil |
💬 Languages supported on Website | English, Chinese |
💬 Customer Support Languages | English, Chinese |
⏲️ Customer Service Hours | Monday to Friday 09:00 to 20:00 (GMT+8) |
🔎 Open an Account | 👉 Click Here |
Min Deposit
USD 10
Regulators
FSA
Trading Platform
MT4, MT Mobile, WebTrader
Crypto
No
Total Pairs
50+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Ec Markets below.
Ec Markets review – 17 key point quick overview:
Ec Markets At a Glance
Ec Markets Overview
Ec Markets Safety and Security
- Ec Markets Sign-Up Bonus
- Ec Markets Minimum Deposit
- Ec Markets Demo Account
- Ec Markets Leverage
- Ec Markets Accounts
- Ec Markets Market instruments
- Ec Markets Fees, Spreads & Commissions
- Ec Markets Deposit and withdrawal
- Ec Markets Trading platforms
- Ec Market Current Popularity Trend
- Ec Markets Pros and cons
- Ec Markets Conclusion
- Ec Markets Disclaimer
- Frequently Asked Questions
Ec Markets Overview
According to research in South Africa, Ec Markets is a forex broker incorporated in Saint Vincent and the Grenadines. The company head offices are in Kingstown.
Ec Markets offers the MetaTrader 4, MT Mobile, and WebTrader forex trading platforms to customers who can trade over 50 currency pairs, stocks, metals, oil, commodities, indices, and bonds.
Ec Markets does not accept residents in the UK, EU, and USA as clients.
Ec Markets Safety and Security
One of the best benchmarks to measure the safety of a broker like Ec Markets is to establish which regulating authorities are watchdogs over its actions.
Ec Markets seems not to be regulated by any financial authority but claims that the security of client funds is a priority to them and declares that customer deposits are kept separate from their own operating funds in order to protect clients’ assets.
Ec Markets maintains these funds in a client bank account at Barclays Bank, A Tier 1 bank, a bank with which they have trust certificates.
Ec Markets Sign-Up Bonus
Ec Markets does not offer new traders a sign-up bonus or also known as a welcome bonus when signing up.
Ec Markets Minimum Deposit
⭐ Features | ℹ️ Information |
💰 Minimum Deposit | $10 USD / R160 ZAR |
📊 Average spreads from | From 0.00 to 1.2 pips |
💳 Deposit / Withdrawal fees | None |
📊 Maximum leverage | 1:500 |
🔥 Bonus | none |
☎️ Customer support | 24/5 |
The minimum deposit amount required to register an Ec Markets trading account is $10. This minimum deposit is equivalent to R160 ZAR at the current exchange rate between the South African Rand & United States Dollar.
Ec Markets Demo Account
Ec Markets does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The Ec Markets demo account does not have a specific expiry date.
Ec Markets Leverage
Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.
Leverage amount is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate 500:1.
Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.
For example, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal or more than 100% to be able to open new trades, otherwise your trading account will be fully hedged.
Ec Markets does not give any information on their website regarding leverage ratios.
Min Deposit
USD 10
Regulators
FSA
Trading Platform
MT4, MT Mobile, WebTrader
Crypto
No
Total Pairs
50+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Ec Markets Accounts
💠Feature | 📈 ECN Account | 📈 STD Account | 📈 Mini Account |
📊 Minimum Deposit | $2000 USD / R 32 000 ZAR | $200 USD / R 3200 ZAR | $10 USD / R 160 ZAR |
📈 Spreads | 0.0 pips | 1.2 pips | 0.6 pips |
💵 Fees | No Deposit fees / No withdrawal fees | No Deposit fees / No withdrawal fees | No Deposit fees / No withdrawal fees |
💳 Leverage | 1:500 | 1:500 | 1:500 |
👉 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
A forex account at Ec Markets is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.
Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against the Islamic faith.
Often, the number and type of accounts that a trader can open with a broker company differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls.
Ec Markets seems to offer only one type of account, although suggests that they may open different types of accounts for different product types. No information regarding the differences is given, except for mentioning that a specific type of account will be opened after accepting an application form.
Mention is however made that Ec Markets provides professional accounts for professional traders, which guarantees that they can participate in global trading.
The trading cost of is claimed to be low to make trading as profitable as possible for customers. There is no mention of a minimum or suggested minimum deposit on the website.
Ec Markets offers spreads from 0.0 pips, EA-enabled strategy trading and API access, low latency, and low commission charges.
How to open an Ec Markets account
1. Step 1 – Register an account
Navigate to the Ec Markets website home page and select the option to open an account.
2. Step 2 – Select Registration
Select the option to register an account.
3. Step 3 – Complete information
Complete all information requested and select register.
4. Step 4 –Account Verification
Once the account it registered, the client will receive a verification email. Once the account is verified, the client can log in and start trading.
Ec Markets Market instruments
The most popular market instruments available from most brokers for trading include:
Forex
Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates.
Commodities
Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and plays a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.
Indices
Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.
Precious metals
The trading of gold and other precious metals, along with crude oil, copper or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.
Energy
The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions and global economic growth.
Ec Markets offers the following: Major FX Pairs, Minor FX Pairs, Precious Metals, CFDs, Indices and Crude Oil.
Ec Markets Fees, Spreads & Commissions
Cost depends on different factors, like spread and margins, and Ec Markets clients may also experience different fee structures according to their country or place of residence.
The spread of a currency pair is the difference between the bid and the ask rate. A pip represents the smallest increment that an exchange rate can move.
Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position and the leverage applied to your trading account.
Ec Markets stipulates that it offers trading spreads in non-differentiated markets and that trading cost is the primary factor affecting the trading profit of traders. The website continues to say that Ec Markets offers clients highly competitive low commissions and tight spreads.
Ec Markets offers spreads from 0.0 pips, EA-enabled strategy trading and API access, low latency and low commission charges. Such low transaction costs and speed of execution are supposed to help traders enhance their trading experience.
10 Best Forex Brokers in South Africa for 2025
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Review
Regulators
Min Deposit
Official Site
Ec Markets Deposit and withdrawal
Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done with the same ways, but sometimes differ.
In Ec Markets claims that customer interests always come first, hence they try to make account deposits and withdrawals easier.
The website describes the process to deposit funds in an Ec Markets account but does not give information on what methods customers may use to deposit money or what a minimum required deposit may be.
A similar process is described for an account withdrawal, but once again no indication is given about any method other than asking for bank details.
Ec Markets Trading platforms
The forex trading platform provided by Ec Markets to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms.
A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.
Ec Markets provides MetaTrader 4 MultiTerminal to account holders, allowing them to manage multiple MT4 accounts from one interface. It can also be used by money managers since by only using one master account and its password, one can manage multiple MT4 accounts for transactions on one operation interface simultaneously.
Many execution modes are provided to fulfill the requirements of percentage allocation, predefined volume, and capital proportion allocation.
Ec Market Current Popularity Trend
According to Google Trends, here is an overview of how frequently the search term – “Ec Markets” is entered into Google’s search engine over a given period of time.
Ec Markets Pros and cons
✔️ Pros | ❌ Cons |
Keep client funds in segregated accounts | Offshore broker |
Offers MTV as trading platform | Sign-up and welcome bonus not offered |
Social trading supported | Spreads are marked-up |
Loyalty program offered for loyal customers | Verification is complicated and time-consuming |
Low initial capital | |
Commission-free trading |
Ec Markets Conclusion
Ec Markets can be described as a company that claims to give customers access to multiple CFD markets in Forex, Indices and Commodities.
Their intuitive trading platform is designed to enhance the trading experience. Customers can trade instantly and securely from a mobile, tablet or desktop device.
Ec Markets Disclaimer
Ec Markets warns potential customers that Forex and CFDs trading always carries a high risk and may not be suitable for all investors.
Before deciding to trade with Ec Markets, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
Ec Markets warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence EC MARKETS cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.
Min Deposit
USD 10
Regulators
FSA
Trading Platform
MT4, MT Mobile, WebTrader
Crypto
No
Total Pairs
50+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Frequently Asked Questions
What are the tradable instruments offered by EC Markets?
Tradable instruments include Major Forex Pairs, Minor Forex Pairs, Precious Metals, CFD Indices and Crude Oil
What is the overall rating for EC Markets out of 10?
EC Markets overall rating is 8/10
Which platforms are supported by EC Markets?
EC Markets provides the following popular trading platforms:
- MetaTrader 4,
- MT Mobile,
- WebTrader.
Does EC Markets offer a Sign-up Bonus?
No, a sign-up bonus is not offered by this broker.
Does EC Markets offer a demo account?
Yes, EC Markets does have a demo account option.
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