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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

ECG Brokers

Mauritius Mauritius | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.ecgbrokers.com/

Website

Rating Index

Contact

https://www.ecgbrokers.com/
K. Amanzholov Street 174, 090000 Uralsk, Western Kazakh Province, Kazakhstan.

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Mauritius
Operating Period
2-5 years
Company Name
ECG Brokers Limited
Customer Service Email Address
clientsupport@ecgbrokers.com
Company Address
K. Amanzholov Street 174, 090000 Uralsk, Western Kazakh Province, Kazakhstan.
Account
Website
Company Summary
Wiki Q&A
Comment

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Official Website

Website

  • ecgbrokers.com
    75.101.184.39
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Company Profile

Company Profile

Review summary

Note: MorsPrime's official website - https://www.ecgbrokers.com is currently inaccessible normally.

ECG Brokers Review Summary
Founded/
Registered Country/RegionMauritius
RegulationUnregulated
Market InstrumentsForex, stocks, cryptocurrencies, commodities, and indices
Demo Account
LeverageUp to 1:500
SpreadFrom 0.6 pips (Standard account)
Trading PlatformMT5
Min Deposit$0
Customer SupportEmail: clientsupport@ecgbrokers.com
Instagram, Facebook, LinkedIn, and Twitter

ECG Brokers is an unregulated broker registered in Mauritius, offering trading in forex, stocks, cryptocurrencies, commodities, and indices with leverage up to 1:500 and spread from 0.6 pips via the MT5 platform. Demo accounts are available but the minimum deposit requirement to open a live account is as high as $500.

ECG Brokers' homepage

Pros and Cons

Pros Cons
Diverse tradable asset classesInaccessible website
Demo accountsUnregulated
Multiple account typesOnly email support
Tight spreads
Commission-free accounts offered
MT5 trading platform
No minimum deposit
Popular payment options

Is ECG Brokers Legit?

No. ECG Brokers has no regulations currently. Please be aware of the risk!

No license

What Can I Trade on ECG Brokers?

Tradable Instruments Supported
Forex
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on ECG Brokers?

Account Type

Account TypeMin Deposit
Standard$0
Raw$1,000
Elite$10,000
Account comparison

Leverage

The leverage of ECG Brokers can be up to 1:500 for all account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

ECG Brokers Fees

Account TypeSpreadCommission
StandardFrom 0.6 pips
RawFrom 0.0 pips$3 per lot
Elite$1.5 per lot

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, Android, IOSBeginners
MT5Desktop, Android, iOSExperienced traders
MT4/5

Deposit and Withdrawal

ECG Brokers accepts payments via VISA, Mastercard, PayPal, Skrill, and NETELLER.

Payment options

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is ECG Brokers a legitimate and safe trading platform?

ECG Brokers Limited operates as an unregulated entity based in Mauritius, with a low overall score of 1.42. It does not hold a license from any recognized global financial authority, placing client funds outside the protections of formal oversight mechanisms such as segregated accounts or investor compensation schemes. This profile indicates a high-risk environment for traders.

Yesterday 14:39
United States

What is the license number of ECG Brokers?

ECG Brokers does not hold a verified license from any recognized financial regulatory authority, such as the FCA, ASIC, or CySEC. The broker's profile shows a regulatory index of 0.0, confirming it operates without mainstream regulatory oversight, which is a critical factor for traders to consider regarding fund security and operational transparency.

Yesterday 14:39
United States

How can I contact ECG Brokers?

Official contact details for ECG Brokers Limited, including a verified physical address, customer service phone number, and email, are not publicly disclosed in a standard, readily accessible format. This lack of transparent contact information is atypical for established financial service providers and complicates direct client communication and support inquiries.

Yesterday 14:39
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Yesterday 16:02
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

Yesterday 16:02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

Yesterday 16:02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Yesterday 16:02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

Yesterday 16:02
United States
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