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ECN Trade review

ECN Trade review: regulation (Australian Securities and Investments Commission, and…), minimum deposit 500, leverage up to 400 1, platforms and current…

Open account
Minimum deposit500
Max. leverage400 1
Spread from1.8 pips
Founded2018

Trading conditions

Broker type
ECN
Minimum deposit
500
Maximum leverage
400 1
Minimum spread
1.8 pips
Platforms
MetaTrader 4
Account currencies
USD/EUR/AUD

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
Yes
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Bank transfer, credit card
Withdrawal methods
Bank transfer, credit card

Company

Regulation
Australian Securities and Investments Commission, and holds an AFS license 388737
Founded
2018
Country
Australia
Address
Level 13, CitiGroup 2 Park Street, SydneyNSW 2000 Australia
Website languages
English, Chinese
Phone
+61 -02-90047980
Email or Skype
[email protected]

ECN Trade pros and cons

Pros

  • Regulated by Australian Securities and Investments Commission, and…
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader 4
  • Client funds held in segregated accounts

Cons

  • No no-deposit bonus at the moment
  • Conditions and bonuses can differ by regulated entity

ECN Trade FAQ

Is ECN Trade a safe and regulated broker?

ECN Trade was founded in 2018 and is regulated by Australian Securities and Investments Commission, and holds an AFS license 388737. Client funds are held in segregated accounts. Your protection depends on which ECN Trade entity opens your account.

What is the minimum deposit at ECN Trade?

The minimum deposit at ECN Trade is 500. Payment providers may set their own minimum amount.

What is the maximum leverage at ECN Trade?

ECN Trade offers leverage up to 400 1. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does ECN Trade offer a no deposit bonus?

No. ECN Trade does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does ECN Trade offer?

ECN Trade supports MetaTrader 4. Mobile trading is available.

Does ECN Trade allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does ECN Trade offer an Islamic (swap-free) account?

Yes. ECN Trade offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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ECN Trade – NoOpen account