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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 should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

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

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

Yesterday 16:02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Yesterday 16:02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

Yesterday 16:02
United States
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