EC Markets at a glance
EC Markets is a multi-jurisdictional forex and CFD broker offering Forex, Indices, Metals, Energies and Cryptocurrencies through MT4, MT5 and its proprietary mobile trading application.
EC Markets reports a founding year of 2012 and a head office in London, UK. It lists 3 regulators and 3 trading platforms.
BrokerBazaar verdict
EC Markets has a broad seven-jurisdiction regulatory footprint, including FCA, ASIC, FMA, FSCA, FSC Mauritius, Seychelles FSA and UAE CMA entities. However, regulatory protection varies substantially by entity, and the UAE licence is only a Category 5 introduction/promotion licence rather than a trading licence.
Legal entities, regulation and licences
EC Markets operates through 6 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by moderate-tier regulators only.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
EC Markets states that it accepts clients from UK, Bahamas, Hong Kong. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex, Indices, Precious Metals, Energies, Cryptocurrencies. Platforms: MT4, MT5, EC Markets App. Account types: Standard, ECN, Pro.
Best-for tags assigned by our team: Forex Traders, CFD Traders, MT4 Traders, MT5 Traders, ECN Traders, Active Traders, Professional Traders.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $10. Spreads start from 0.0 pips and commission is $1.50 per lot per side; PRO: $0. Maximum leverage is 1:1000, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (conditional). Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, Credit Card, Crypto, e-Wallets. Withdrawal methods: Bank Transfer, Credit Card, Crypto, e-Wallets.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Yes. Hedging: not specified. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account: CMA: Segregation of client funds required. Compensation: No central compensation scheme.
Complaints and dispute process
Formal complaints: compliance@ecmarkets.mu. Phone: +230 467 2000. For EC Markets Limited Mauritius, complaints are acknowledged within 48 hours. Simple complaints are targeted for resolution within 5 business days; EC Markets aims to resolve complaints within 4 weeks and states that, at the latest, complaints will be dealt with within 8 weeks. Complaints should include the trading account number, client name, contact details, description of the issue/transaction and date/time of the incident. UK complaints use the separate FCA entity procedure and are handled through the UK client-services/compliance channels, with eligible unresolved complaints potentially referred to the Financial Ombudsman Service.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: FCA regulated entity
- Strength: Institutional-grade liquidity
- Strength: MT4 and MT5 support
- Strength: Tight ECN spreads
- Limitation: Offshore entity for many clients
- Limitation: Limited independent reviews
- Limitation: Smaller brand outside Asia
Who this broker suits, and who it does not
EC Markets is most relevant to traders looking for: Forex Traders, CFD Traders, MT4 Traders, MT5 Traders, ECN Traders, Active Traders, Professional Traders.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
EC Markets change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for EC Markets yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about EC Markets
Data sources. Broker submission, the regulator registers linked above, web-archive and domain records, and third-party traffic data. No independent licence check date is recorded yet. External ratings: Trustpilot N/A/5; WikiFX 9.24/10; Forex Peace Army N/A/5; Google Play Store N/A/5; Apple App Store 5/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with EC Markets. How we make money. Trading leveraged products carries a high risk of loss.