EC Markets offers a large mix of not only FX trading, but it also offers several different CFD markets, allowing traders to get involved in energy markets, futures, precious metals, indexes, bonds, and stock shares.
It is a good all-around trading solution for traders who want to take advantage of the worldwide nature of markets. It should be noted however, that the EC Markets dealer does not accept American clients for anything other than FX.
|Type of Broker||Other|
|Islamic Account (Swap Free)|
|Deposit Options||Bank Wire Transfer , Banklink , Cash-U , Credit Card , DineroMail , eKonto , EPS , eWire , Fast Bank Transfer , Instadebit , Lobanet , Mistercash , Moneybookers , Neosurf , Neteller , PayPal , Poli , Sofort , UseMyBank , Webmoney|
|Withdrawal Options||Bank Wire Transfer , Credit Card , Moneybookers , Neteller , PayPal , Webmoney|
Bonus & Rewards
|No Deposit Bonus|
|Bonus for First Deposit|
|Is the Bonus Based on the Volume of the Transaction?|
|Platform Type||ECMobile Trader, ECPro AutoTrader, ECTrader Lite, MT4|
|Platform Languages||English, Italian, Spanish, Russian, French|
|OS Compatibility||Mac OS , iOS , Windows , Android|
|Streaming News Feed|
|Trade From Charts|
|Guaranteed Stop Loss|
|Guaranteed Limit Orders|
|Interest on Margin|
|Customer Support Languages||English, Italian, Spanish, German, Russian, French, Portuguese, Greek, Turkish, Dutch, Arabic, Chinese, Japanese, Finnish, Swedish|
|Customer Service Hours||24h|
|Place Trades Over the Phone?|
ECMarkets - Review
EC Markets offers a large mix of not only FX trading, but it also offers several different CFD markets, allowing traders to get involved in energy markets, futures, precious metals, indexes, bonds, and stock shares. It is a good all-around trading solution for traders who want to take advantage of the worldwide nature of markets.
It should be noted however, that the EC Markets dealer does not accept American clients for anything other than FX.
EC Markets uses the well-known MetaTrader4, as well as the Mobile, Web, and Mobile versions of their proprietary platform ECTrader.
EC Markets offers live chat, phone support, and email support. It is available in several languages, and therefore it is also offered around the clock, while the markets are open.
EC Markets is a reliable dealer. The company is regulated in a few different countries, such as the United Kingdom and the Netherlands. The platforms are reliable as they are industry standards, and the ability to contact customer service around the clock allows for quick interaction between the trader and the firm in case of questions.
Commissions and Spreads
Spreads are tight at this dealer. For example, the AUD/USD is only 4 pips, while the more exotic EUR/AUD is only 10. This allows the trader to know the costs of placing a trade ahead of the actual act of doing so. This also protects them from adverse spikes in spreads during news announcements.
EC Markets offers a bonus on your deposit, based upon the size of the account you are opening. You can get up to $2000 Welcome Bonus.
EC Markets is a good all-around broker if you are looking to trade FX and other markets. They have time-tested technologies, and can be counted on to deliver various markets from around the world.
- Fixed spreads. This keeps the spread tight, which is one of your biggest expenses as a trader, which allows you to also profit from tight fixed spreads as well – if they choose to news trade.
- The MetaTrader platform is well-known and reliable. It has been being used for years, and is very stable.
- Accounts can be started with as little as $100.
- The deposit process is simple and quick, as you can use Wire Transfers, Credit Cards, Webmoney, and various local payment methods. Withdraw can be done in reverse.
- ECMarkets does not accept US traders.