Score

1.91 /10
Danger

ECG Brokers

Mauritius

2-5 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.79

Risk Management Index0.00

Software Index7.73

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

ECG Brokers Limited

Company Abbreviation

ECG Brokers

Platform registered country and region

Mauritius

Company website

X

Facebook

Instagram

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2025-05-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

ECG Brokers · Company summary

Note: MorsPrime's official website - https://www.ecgbrokers.com is currently inaccessible normally.

ECG Brokers Review Summary
Founded/
Registered Country/RegionMauritius
RegulationUnregulated
Market InstrumentsForex, stocks, cryptocurrencies, commodities, and indices
Demo Account
LeverageUp to 1:500
SpreadFrom 0.6 pips (Standard account)
Trading PlatformMT5
Min Deposit$0
Customer SupportEmail: clientsupport@ecgbrokers.com
Instagram, Facebook, LinkedIn, and Twitter

ECG Brokers is an unregulated broker registered in Mauritius, offering trading in forex, stocks, cryptocurrencies, commodities, and indices with leverage up to 1:500 and spread from 0.6 pips via the MT5 platform. Demo accounts are available but the minimum deposit requirement to open a live account is as high as $500.

ECG Brokers' homepage

Pros and Cons

Pros Cons
Diverse tradable asset classesInaccessible website
Demo accountsUnregulated
Multiple account typesOnly email support
Tight spreads
Commission-free accounts offered
MT5 trading platform
No minimum deposit
Popular payment options

Is ECG Brokers Legit?

No. ECG Brokers has no regulations currently. Please be aware of the risk!

No license

What Can I Trade on ECG Brokers?

Tradable Instruments Supported
Forex
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on ECG Brokers?

Account Type

Account TypeMin Deposit
Standard$0
Raw$1,000
Elite$10,000
Account comparison

Leverage

The leverage of ECG Brokers can be up to 1:500 for all account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

ECG Brokers Fees

Account TypeSpreadCommission
StandardFrom 0.6 pips
RawFrom 0.0 pips$3 per lot
Elite$1.5 per lot

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, Android, IOSBeginners
MT5Desktop, Android, iOSExperienced traders
MT4/5

Deposit and Withdrawal

ECG Brokers accepts payments via VISA, Mastercard, PayPal, Skrill, and NETELLER.

Payment options

User Reviews

More

User comment

5

Comments

Write a review

純爺們
more than one year
The information provided by this broker on its website is exhaustive. If there would be more - then it's too much, if there would be fewer - then it's too small. You know, it's kind of a balance. All the instruments are available such as forex, commodities, indices, cryptocurrencies and others. They are quite handy, but of course, traders don't use all of them.
The information provided by this broker on its website is exhaustive. If there would be more - then it's too much, if there would be fewer - then it's too small. You know, it's kind of a balance. All the instruments are available such as forex, commodities, indices, cryptocurrencies and others. They are quite handy, but of course, traders don't use all of them.
Translate to English
2023-03-16 18:06
Reply
0
0
jacob9237
more than one year
Great trading platform, Been trading with them for a while now and i have no come across any issues. They have got a really good educational platform as well.
Great trading platform, Been trading with them for a while now and i have no come across any issues. They have got a really good educational platform as well.
Translate to English
2023-06-12 18:57
Reply
0
0