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No valid regulatory information, please be aware of the risk!
Registered in the Saint Vincent and the Grenadines, ECCapital is a forex broker providing access to a massive financial market, such as Forex, Cryptocurrencies, Stocks, Futures. With the ECCapital platform, four trading accounts are available, with the minimum initial deposit to trade with this broker starting at€250, leverage that can be used up to 1:100.
ECCapital is not authorized or regulated by any regulatory authorities. Please be aware of the risk.
With the ECCapital platform, investors can get access to diversified range of trading instruments, including over 60 Currency Pairs, Cryptocurrencies, Stocks, Metals, Futures, Energies, Shares.
ECCapital provides four tiered trading accounts to accommodate different traders‘ trading needs, namely Bronze, Silver, Gold, Platinum. To open a Bronze account, you need to fund at least €250, much higher than most legit forex brokers’ requirements for this types of accounts. Other accounts also requires high deposits, with the Silver account from 2,500, the Gold account from €10,000, and the Platinum account from €50,000.
Extra vigilance should be taken when dealing with an unregulated forex asking high deposits.
How to open an account with ECCapital？
Opening an account with ECCapital is an easy and simple process:
1. Click the “Open Live Account” link, and fill up some required details on the popping-up page.
2. Upload your personal data for this company to verify your details.
3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.
Trading leverage differs depending on trading accounts, ranging from 1:30 to 1:100, higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.
Leverage can magnify gains, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.
Spreads & Commissions
ECCapital says it provides a zero-commission trading environment, with spreads offered by these four trading accounts from 2.8 pips, 2.5 pips, 1.5 pips, 0.1 pips, respectively.
What ECCapital offers is not the MT4 or MT5 trading platform, a Webtrader instead. Besides, Mobile App is also provided.
The minimum deposit is€250. ECCapital allows its clients to make a deposit and withdrawal through VISA, MasterCard.
Clients have any inquiries or trading-related issues can also get in touch with Culture Capital through the following channels:
A Contact Form
Registered Address: First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St Vincent and the Grenadines
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
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