
In this article, we are going to explore one of the fastest growing brokers: EC Markets. Founded in 2012, EC Markets has grown over 12 years to become the leading trusted name in the industry. With seven regulatory licenses, including FSC, FCA, SCA, FSCA, ASIC, FMA and FSA, EC Markets ensures a secure and transparent trading environment.
Why trade with EC Markets?
One of the most important factors when choosing a forex broker is regulation, and EC Market delivers on that front with seven global regulatory licenses: FCA (UK), ASIC (Australia), FMA (New Zealand), FSC (Mauritius), FSA (Seychelles), FSCA (South Africa), and SCA (UAE). These licenses are a reflection of EC Markets’ commitment to compliance within the international financial standards. For example, the FCA and ASIC are among the most respected regulators in the industry, and they aren’t easy to obtain. They require brokers to segregate client funds, maintain strict capital reserves, and submit to regular audits. So whether you're trading forex, stocks, or crypto CFDs, knowing that your broker is tightly regulated provides essential peace of mind that every trader is looking for.
When searching for the best forex broker or the best stock broker, it’s crucial to consider not just the regulations (as important as they are) but also the quality of execution and trading conditions. EC Markets is trusted worldwide due to its key benefits, including:
1. Tight spreads and competitive trading costs: spreads starting as low as 26-29 pips on gold, and on popular forex pairs, like EUR/USD, average spreads hover around 1.1 pips
2. High leverage up to 1:1000: more control and flexibility to maximize potential returns, especially useful for traders with higher risk appetites
3. Multiple account types: three main account types, including
- Standard account: ultra fast order execution with high liquidity
- PRO account: zero commissions, free trades, and ultra-fast execution
- ECN account: low spreads, fast execution, and access to deep liquidity
4. Extensive asset selection: cryptocurrency CFDs, indices, metals like gold, crude oil, and more
EC Markets trading platforms, account opening, deposits and withdrawals
The number one key component of a top forex broker is the quality of its trading platforms. EC Markets supports the industry leading platforms, MT4 and MT5. These platforms are known for their user friendly interface, powerful charting tools, and customizability.
Alongside the advanced trading platforms, EC Markets makes sure that getting started is just as easy, with a quick account opening process and flexible funding options. Clients can open an account with a minimum deposit of just $10. Multiple deposit methods are available including bank wire, credit/debit cards, and digital wallets.
Deposits with EC Markets:
Payment Method | Processing Time | Deposit Fee | Account Currency |
Union Pay | Instant | 0% | CNY |
OTC365 | Instant | 0% | CNY |
Wire Transfer | T+5 | 0% | USD |
Indonesia Pay | Instant | 0% | IDR |
Bank Transfer Malaysia | Instant | 0% | MYR |
Thai QR Payment | Instant | 0% | THB |
VN Pay | Instant | 0% | VND |
Poli | 30 mins | 4% | NZD |
Withdrawals with EC Markets are processed quickly, usually within 2 hours, with no withdrawal fees and reasonable transaction limits depending on the payment method. Traders can choose from several secure withdrawal methods, including local banking transfers, international bank wires, Sticpay, and OTC123 (for crypto-based transactions).
Withdrawals with EC Markets:
Payment Method | Processing Time | Exchange Rate | Account Currency |
Union Pay | Less than 2 hours (9:00–18:00, GMT+8), otherwise T+1 | Bank of China real-time exchange rate | CNY |
OTC365 | Less than 2 hours (9:00–18:00, GMT+8), otherwise T+1 | Real-time rate | CNY |
Wire Transfer | T+5 | Real-time rate | USD |
Indonesia Pay | T+1 | Real-time rate | IDR |
Bank Transfer Malaysia | T+1 | Real-time rate | MYR |
Thai QR Payment | T+1 | Real-time rate | THB |
VN Pay | T+1 | Real-time rate | VND |
Poli | T+5 | Real-time rate | NZD |
EC Markets: Important facts to know
- No inactivity or withdrawal fees
- Hedging and scalping allowed
- Swap-free accounts for clients who need them
- Multi-language support
- Instant account opening with a minimum deposit of $10
- Maximum leverage up to 1:1000
- Multiple account types: Standard, PRO, and ECN to suit different trader needs
- Tight spreads starting from 26-29 pips on gold and average 1.1 pips on EUR/USD
- 48 currency pairs and diverse asset classes including metals, indices, crude oil, and crypto CFDs
- Fast withdrawals, typically processed within 2 hours
- Demo accounts available for practice trading without risk
EC Markets: Designed for every type of trader
Not every trader has the same goal, and EC Markets recognizes that, so whether you’re an intraday scalper, a crypto swing trader, or a long term stock investor, the EC Markets platform gives you the tools to become a successful trader. With access to the MT4 and MT5, traders can build and automate their strategies, analyze the markets using advanced charts, and execute orders in real time. And for those still testing the waters, EC Markets offers a free demo account so traders can get comfortable before trading with real capital.
EC Markets goes beyond traditional trading, it offers a comprehensive ecosystem designed to support traders at every level, from beginners to highly experienced, professional traders. For traders just starting out or for those with years of experience, EC Markets’ wide range of account types, from Standard and PRO to ECN, ensures that traders can select the trading environment that best fits their style and goals. The Standard account is perfect for traders looking for reliability and simplicity, by offering ultra-fast order execution with high liquidity. The PRO account is ideal for cost-conscious traders looking to maximize their margins, by providing zero commissions and free trades. Lastly, for traders seeking the best in pricing and execution, the ECN account gives access to deep liquidity and some of the tightest spreads in the market.
Beyond the accounts, EC Markets’ high leverage of up to 1:1000 provides traders with the flexibility to tailor risk and position size according to their strategy and risk appetite. This level of leverage is particularly attractive for traders who are looking to amplify their potential returns while maintaining control of their account. EC Markets also supports hedging and scalping, making it well suited for active traders who generally use fast paced techniques to capitalize on short term market movements.
Transparency and client security are at the core of EC Markets’ offering, with no inactivity fees and no withdrawal charges, clients can trade without worrying about hidden costs drawing into their profits. EC Markets combines a mix of advanced technology, competitive pricing, diverse assets, and strong regulations to deliver to its clients a truly global trading experience tailored to every single trader’s needs. It’s this comprehensive approach that sets EC Markets apart as a broker you can trust for the long term.
In a world where brokers come and go, EC Markets has not only endured, it has evolved, with its commitment to regulations and client first trading solutions, EC Markets is a strong contender among the best forex brokers in the industry.