ECN Broker
ECN Broker presents itself as an investment company working directly with liquidity providers. The company offers its clients transparent cooperation conditions, minimal deposit rates, low spreads, and access to the most liquid trading instruments: stocks, indices, commodities, and the foreign exchange market (Forex).
In the “Documents” section on the official website, general organizational provisions are presented, but they are not related to the legal aspect of the matter. The website footer lists the address of Esplanade Market Solutions Ltd., Suite 305, Griffith Corporate Center, Beachmont, Kingstown, St. Vincent and the Grenadines. It should be noted that this is an offshore zone that does not provide protection of rights and appropriate legal support to clients from other countries. This address is indicated as the official place of registration, but lacks confirmation in the form of corresponding documentation.
Contact with clients is provided through phone and email. ECN Broker primarily focuses on the post-Soviet space, although services are also available in Europe, Kenya, the Philippines, and Hong Kong. Additionally, the company has a presence on social media.
Trading Conditions of ECN Broker
The MT4 platform is versatile and easy to manage. To make a deposit on the site, registration and verification procedures are required. Clients can participate in one of the offered partnership programs: IB, Multilevel, Representative. These programs offer clients the opportunity to invite new partners and earn passive income.
ECN Broker offers several types of trading accounts with different functionalities: ECN, ECN Fix, ECN Mini. Each account has its own characteristics in terms of spreads, leverage, minimum deposit, and available trading instruments.
Account Funding and Withdrawal from ECN Broker
The payment systems available for depositing and withdrawing funds are not specified on the company’s website. Users can request fund withdrawals with a single click, but the financial operation process is not described. Information on the maximum withdrawal amount and additional fees is not provided.
Conclusion
ECN Broker positions itself as a successful company serving clients from various countries. There are no official documents or licenses on the website, which should be taken into consideration. Registration in an offshore zone does not guarantee the protection of clients’ rights outside the jurisdiction of Saint Vincent and the Grenadines. The company offers diverse proposals and services, but the process of conducting financial transactions is not disclosed.