Fast withdrawals, a broker I trust
Been with EC markets for over a year trading FX majors and gold. Withdrawals clear in under 24 hours every single time and the spreads on majors stay tight even at the London open.
Broker Review
EC markets — regulated broker. Score: 9.24/10.
MT4
MT5| Overall Score | 9.2 / 10 |
|---|---|
| Regulation | FCA, ASIC, FMA, FSCA, Mauritius FSC and Seychelles FSA |
| Best For | Cost-conscious MT4/MT5 traders |
| Minimum Deposit | $10 on current Mauritius Standard and ECN pages |
| Spreads From | 0.0 pips on ECN and PRO |
| Maximum Leverage | Up to 1:1000 under current global terms |
| Platforms | MT4, MT5 and EC Markets App |
| Deposit Methods | Secure client portal methods, bank transfer, cards and local electronic methods |
| Withdrawal Speed | EC Markets advertises crediting within 2 hours |
| Verdict | EC Markets combines an unusually broad regulatory footprint with genuinely aggressive account pricing. Its ECN account advertises raw spreads from 0.0 pips plus a $1.50-per-side commission per standard lot, while the high-deposit PRO account pairs spreads from 0.0 pips with no commission. The decisive qualification is entity selection: the current global account pages operate under Mauritius terms with leverage up to 1:1000 and $10 entry deposits, whereas the MyTradingReviews snapshot shows a $100 minimum, spreads from 0.5 pips and leverage up to 1:500. Traders should treat the terms displayed during onboarding and in their client agreement as controlling. |
EC Markets combines an unusually broad regulatory footprint with genuinely aggressive account pricing. Its ECN account advertises raw spreads from 0.0 pips plus a $1.50-per-side commission per standard lot, while the high-deposit PRO account pairs spreads from 0.0 pips with no commission. The decisive qualification is entity selection: the current global account pages operate under Mauritius terms with leverage up to 1:1000 and $10 entry deposits, whereas the MyTradingReviews snapshot shows a $100 minimum, spreads from 0.5 pips and leverage up to 1:500. Traders should treat the terms displayed during onboarding and in their client agreement as controlling.
EC Markets earns its 9.2/10 rating through a rare combination of broad group-level oversight and very competitive trading terms, especially the $3 round-turn ECN commission and commission-free PRO pricing. MT4, MT5, market execution and 100+ instruments make it a practical fit for active forex and CFD traders rather than investors seeking direct ownership.
The trade-off is structural: the strong FCA, ASIC and FMA licences do not automatically protect every customer, and many international applicants are directed to the Mauritius entity, where leverage can reach 1:1000 and protections differ from top-tier regimes.
That entity distinction matters more than the number of regulator logos, and the current official $10 minimum and 1:1000 ceiling also differ materially from the $100 and 1:500 terms in the MTR profile snapshot.
EC Markets is a forex and CFD broker founded in 2010. It offers more than 100 instruments across currencies, precious metals, energies, indices, shares and cryptocurrencies through MetaTrader 4, MetaTrader 5 and its own mobile app.
The account range is built around three pricing tiers. Standard removes the separate commission but starts at wider spreads; ECN charges a low fixed commission for raw pricing; PRO requires substantially more capital and offers raw-style spreads without a separate commission. All three use market execution, support 0.01-lot trades and list a 50% margin-call level and 30% stop-out level.
EC Markets is a multi-entity group rather than one globally uniform brokerage. The legal entity named in the application and client agreement determines leverage, product access, dispute routes and regulatory safeguards. International website terms currently point to EC Markets Limited in Mauritius, so customers should not assume that an affiliated UK or Australian licence governs their account.
| Regulator | Jurisdiction | Licence Number | Protection Context |
|---|---|---|---|
| Financial Conduct Authority (FCA) | United Kingdom | FRN 571881 | EC Markets Group Ltd; UK conduct and client-asset rules apply only where this entity contracts with the client |
| Australian Securities and Investments Commission (ASIC) | Australia | AFSL 414198 | EC Markets Financial Limited; Australian retail leverage and conduct protections are entity-specific |
| Financial Markets Authority (FMA) | New Zealand | FSP197465 | EC Markets Financial Limited; licensed derivatives issuer framework |
| Financial Sector Conduct Authority (FSCA) | South Africa | FSP 51886 | EC Markets Financial Limited; local financial-services oversight, not equivalent to UK compensation cover |
| Financial Services Commission (FSC) | Mauritius | GB21200130 | EC Markets Limited; current global client route with higher leverage and offshore protections |
| Financial Services Authority (FSA) | Seychelles | SD009 | EC Markets Limited (Seychelles); offshore investment-dealer oversight |
| Capital Market Authority (CMA) | United Arab Emirates | 20200000281 | Category 5 promotion and advice licence; the entity is not authorised to hold client money or assets |
| Feature | Standard | ECN | PRO |
|---|---|---|---|
| Minimum Deposit | $10 | $10 | $5,000 |
| Spreads From | 1.0 pips | 0.0 pips | 0.0 pips |
| Commission | $0 | $1.50 per lot per side | $0 |
| Maximum Leverage | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 |
| Minimum Trade | 0.01 lots | 0.01 lots | 0.01 lots |
| Single-Order Limit | 50 lots | 50 lots | 50 lots |
| Platforms | MT4 and MT5 | MT4 and MT5 | MT4 and MT5 |
| Execution | Market | Market | Market |
| Margin Call / Stop Out | 50% / 30% | 50% / 30% | 50% / 30% |
| Best Fit | Casual and newer traders | Scalpers, EAs and active traders | High-volume traders with larger balances |
| Instrument / Cost | Pricing Model | Spread / Fee | Verdict |
|---|---|---|---|
| Standard forex | Spread-only | From 1.0 pips; no commission | Simple, but less competitive for frequent trading |
| ECN forex | Raw spread plus commission | From 0.0 pips + $1.50 per lot per side | Excellent headline all-in pricing |
| PRO forex | Raw-style spread | From 0.0 pips; no commission | Highly competitive, but requires $5,000 |
| EUR/USD on PRO | Variable spread | 0.1-pip stated average | Strong if realised in normal market conditions |
| Overnight financing | Swap | Varies by instrument and direction | Check the live specification before holding overnight |
| Swap-free option | On request | Eligibility and conditions vary | Not an automatic fee exemption for every client or instrument |
| Deposit fee | Broker charge | No deposit fee advertised | Banks and payment providers may still charge |
| Currency conversion | Account/funding cost | Not uniformly published | Relevant because public account tables list USD as the account currency |
The ECN commission equals $3 round turn per standard lot before the spread, which is notably lower than the $6–$7 commonly charged by raw-spread rivals. A 0.0-pip minimum is a floor rather than a typical spread and can widen with liquidity and volatility.
PRO looks cheaper on paper but its $5,000 deposit threshold changes the value calculation. Swap rates, conversion costs and any intermediary payment charges should be checked in the instrument specification and secure portal before funding.
| Platform | Desktop | Web | Mobile | EAs / Bots | Notes |
|---|---|---|---|---|---|
| MetaTrader 4 | Yes | Availability varies | iOS / Android | Yes | Familiar forex platform with EAs, custom indicators and one-click trading |
| MetaTrader 5 | Yes | Availability varies | iOS / Android | Yes | More timeframes, market depth, 80+ analytical tools and integrated signals |
| EC Markets App | No | No | iOS / Android | Not stated | Proprietary app for trading, account management and funding |
| Copy Trading | Via supported services | Platform-dependent | Platform-dependent | Automated replication | Availability and fees depend on account and jurisdiction |
| Asset Class | Coverage | Examples |
|---|---|---|
| Forex | Major, minor and selected exotic pairs | EUR/USD, GBP/USD, USD/JPY |
| Precious Metals | CFDs | Gold and silver |
| Energies | CFDs | Crude oil and other energy markets |
| Indices | Global index CFDs | Major US, European and Asian benchmarks |
| Stocks | Share CFDs | International listed companies |
| Cryptocurrencies | Crypto CFDs where permitted | Major digital-asset pairs |
EC Markets advertises 100+ instruments across six CFD categories. That is enough for diversified short-term trading but narrower than the thousands of securities available at larger multi-asset brokers.
Products are generally leveraged CFDs rather than directly owned shares or cryptocurrencies, and regional restrictions can reduce the available list.
| Trader Type | Maximum Leverage | Key Point |
|---|---|---|
| Global / Mauritius client | Up to 1:1000 | Current public account pages show high fixed leverage; actual limits can vary by instrument |
| UK retail client | Regulatory retail limits | FCA rules cap major FX at 1:30 and apply lower limits to riskier CFDs |
| Australian retail client | Regulatory retail limits | ASIC rules cap major FX at 1:30 and apply lower limits by asset class |
| Professional / eligible client | Entity-dependent | Higher limits may be available after eligibility assessment, with fewer retail protections |
The current global website promotes leverage up to 1:1000, above the 1:500 maximum shown in the MTR snapshot. Neither figure should be treated as universal: the contracting entity, instrument, account classification and current exposure determine the applied limit.
At 1:1000, a 0.1% adverse move can consume the margin posted for a fully leveraged position, so the maximum is unsuitable as a default risk setting.
| Method | Minimum / Fee | Processing Time |
|---|---|---|
| Secure client portal methods | $10 on Standard/ECN; no broker deposit fee advertised | Method and region dependent |
| Bank transfer | Bank or intermediary charges may apply | Typically slower than instant methods |
| Cards / local electronic methods | Availability and limits shown in portal | Often near-instant after approval |
| Method | Fee | Processing Time |
|---|---|---|
| Return to available funding route | No universal broker fee schedule published | EC Markets advertises crediting within 2 hours |
| Bank transfer | Intermediary or receiving-bank fees may apply | Bank settlement follows broker processing |
| Electronic method | Method-specific limits may apply | Availability and completion time vary by region |
The broker advertises no deposit fees and withdrawals credited within two hours, but that is a processing claim rather than a guarantee that funds reach every bank or wallet in two hours.
Identity checks, source-of-funds review, banking cut-offs and third-party settlement can extend the total time. The public account pages currently show $10 entry deposits for Standard and ECN, materially below the $100 MTR snapshot; the amount and methods shown inside the applicant’s portal should be treated as current.
| Channel | Available | Hours | Response Time |
|---|---|---|---|
| Yes | 24/5 service advertised | Not guaranteed; support@ecmarkets.com | |
| Website contact form | Yes | 24/5 service advertised | Not published |
| Live chat | Website/account dependent | 24/5 service advertised | Not independently timed |
| Multilingual assistance | Yes | Market-week coverage | Language and office availability vary |
EC Academy covers foundational and intermediate trading topics, while the glossary gives newer traders a reference for market terminology. The material is useful for orientation but does not replace a structured course with assessed progress.
The research lineup includes market analysis, market news, an economic calendar and EC Insights. MT5 adds integrated fundamental data, signals and technical analysis across 21 timeframes with more than 80 indicators and analytical tools.
Copy-trading guidance is available, and MT5 supports free or paid trading signals. Following another trader introduces strategy, execution and concentration risks; historical rankings do not establish future performance, and service availability can differ by legal entity.
| Pros | Cons |
|---|---|
| Broad group regulation spanning major and offshore jurisdictions | Many international clients may contract with the Mauritius entity |
| ECN commission of $1.50 per lot per side | 0.0-pip spreads are minimums, not typical guaranteed pricing |
| Commission-free PRO pricing from 0.0 pips | PRO requires a $5,000 minimum deposit |
| MT4 and MT5 with EA support | No broad proprietary desktop or web platform |
| Low $10 current minimum on Standard and ECN | Current terms conflict with the older MTR snapshot |
| 100+ markets across six CFD classes | Smaller range than large multi-asset competitors |
| Market execution and 0.01-lot minimum trades | Very high leverage materially increases loss risk |
| Education, analysis and economic calendar | Funding details and non-trading fee schedule are not fully standardised publicly |
The central case for EC Markets is cost-efficient active trading on MetaTrader, backed by a group with credible licences in several major markets.
The central caveat is that group credentials are not interchangeable: applicants need to identify their exact entity and compare its leverage, dispute mechanism and client-money framework before opening an account.
EC Markets is a legitimate multi-entity CFD broker with named licences in the UK, Australia, New Zealand, South Africa, Mauritius and Seychelles. Its UAE affiliate holds a promotion-and-advice category rather than permission to hold customer money. The breadth is a strength, but the customer’s own contract—not the group’s full licence list—defines the applicable safeguards.
Pricing is the strongest part of the offer. The ECN account combines raw spreads from 0.0 pips with a $3 round-turn commission per standard lot, and PRO removes the commission in exchange for a $5,000 entry threshold. Standard is easier to understand but its 1.0-pip starting spread is less compelling for frequent traders.
The 9.2/10 Editorial Score is justified for traders who value MT4/MT5, low transaction costs and flexible leverage. It is a less obvious choice for long-term investors, clients wanting direct asset ownership or anyone uncomfortable with an offshore contract and leverage up to 1:1000.
| Category | Score | Notes |
|---|---|---|
| Regulation & Safety | 9.4/10 | Wide network including FCA, ASIC and FMA, tempered by offshore onboarding |
| Trading Costs | 9.6/10 | Low ECN commission and strong PRO headline pricing |
| Platforms & Tools | 9.1/10 | MT4, MT5, mobile app, EAs and integrated signals |
| Markets | 8.7/10 | Six CFD classes and 100+ instruments, but not an expansive investment catalogue |
| Funding & Support | 8.8/10 | Low entry threshold and 24/5 support, with some public detail gaps |
| Education & Research | 8.9/10 | Academy, analysis, news, glossary and economic calendar |
| Overall | 9.2 / 10 | Locked MyTradingReviews Editorial Score |
Best suited to: active forex and CFD traders seeking low ECN costs, MetaTrader automation and a choice between spread-only and raw-pricing accounts.
Less suited to: buy-and-hold investors, traders needing thousands of cash securities, or clients who require a top-tier entity but are offered only the Mauritius route.
Before depositing, confirm the legal entity, leverage schedule, account pricing, withdrawal route and negative-balance terms shown in the client agreement. Current global conditions differ from the MTR snapshot, so the onboarding documents are decisive.
EC Markets is strongest on ECN commission and regulatory breadth, but alternatives may offer a larger market range, different platform mix or a clearer entity route.
| Alternative | Best For | Minimum Deposit | Regulation | Spreads From |
|---|---|---|---|---|
| Pepperstone | Platform choice and active trading | $0 in many regions | FCA, ASIC, CySEC, DFSA and others | Raw spreads from 0.0 pips plus commission |
| IC Markets | High-volume MetaTrader and cTrader users | $200 commonly advertised | ASIC, CySEC, FSA Seychelles and others | Raw spreads from 0.0 pips plus commission |
| AvaTrade | Beginners, options and copy trading | $100 | Multiple regulators including CBI, ASIC and FSCA | Forex spreads from about 0.9 pips |
Pepperstone is the more versatile platform alternative, IC Markets is a close raw-pricing comparison, and AvaTrade offers a broader beginner and copy-trading ecosystem. Minimums, spreads and entity access vary by country, so compare the exact account available in the same jurisdiction rather than global headline terms.
Yes. EC Markets group entities list regulation by the FCA, ASIC, FMA, FSCA, Mauritius FSC and Seychelles FSA. A UAE affiliate has a Category 5 promotion-and-advice licence and cannot hold client money. Your protections depend on the entity in your client agreement.
It has a credible multi-jurisdiction regulatory structure, but safety is not uniform across the group. A UK or Australian account operates under different rules from a Mauritius or Seychelles account, and leveraged CFDs remain high-risk regardless of regulator.
Current official global pages list $10 for Standard and ECN and $5,000 for PRO. The MTR snapshot lists $100, so applicants should use the amount displayed for their entity and payment route during onboarding.
Standard spreads start from 1.0 pips, while ECN and PRO start from 0.0 pips. PRO also states a 0.1-pip average on EUR/USD. These are variable figures, and the 0.0-pip minimum will not be available continuously.
The current ECN page lists $1.50 per standard lot per side, equal to $3 round turn, plus the raw spread. This is highly competitive, but the all-in cost still changes with the live spread and instrument.
The current global account pages advertise up to 1:1000, while the MTR snapshot shows 1:500. FCA- and ASIC-regulated retail accounts are subject to much lower regulatory caps. Entity, asset and client classification determine the actual limit.
Yes. Standard, ECN and PRO accounts list MetaTrader 4 and MetaTrader 5 for desktop and mobile. The broker also offers its own mobile app, while web access can vary by platform and region.
The ECN account is positioned for scalpers and expert-adviser users, and MT4/MT5 support automated strategies. Execution, latency, margin and prohibited-practice clauses in the applicable client agreement still govern activity.
EC Markets advertises withdrawals credited within two hours, but total delivery can be longer because of compliance checks, banking cut-offs and payment-provider settlement. It should be read as a broker processing target, not a universal guarantee.
The public account tables mention the feature but do not clearly establish uniform eligibility or terms across every entity. Confirm the protection in the legal documents for the specific account, especially where leverage reaches 1:1000.
This review was prepared by MyTradingReviews using publicly available information from EC Markets’ official website, account and pricing pages, legal and regulatory disclosures, official regulator sources, and other credible public sources. Regulation and current trading conditions were reviewed on September 15, 2026 against EC Markets’ public disclosures and available official regulator records. The 9.2/10 overall rating is the locked MyTradingReviews Editorial Score and was not recalculated.
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Trader-submitted reviews for EC markets
Across 4 trader reviews, EC markets holds 4.1 out of 5, rated great overall, with 3 reviews backed by verified proof. Reviewers most consistently highlight a solid platform and execution and fast, reliable payouts.
Been with EC markets for over a year trading FX majors and gold. Withdrawals clear in under 24 hours every single time and the spreads on majors stay tight even at the London open.
EC markets has been excellent for active trading. Spreads on majors stay competitive even at the New York overlap, and my withdrawals cleared within a single business day every time.
Funding and withdrawals on EC markets have been smooth from day one, and the spreads on majors are genuinely competitive. Verification was quick and the support team clearly knew their stuff.
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Editorial score 9.2/10 · CFDs carry a high risk of losing money.
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