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East -

Score

1.48 /10
Danger

East

China

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.east-century.com/En

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Comparison

Quantity 20

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.77

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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

Regulatory disclosure

Warning

SG MAS
2021-06-02
Investor Alert List
East

Broker Information

More

Company Name

East Century Group Limited

Company Abbreviation

East

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2025-05-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 17 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Exposure

20 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw

I deposited 30,000 but lost all of it. Stay away from it.

FX2243631193
2021-09-28 00:27
Severe Slippage

huge loss and a bad slippage by this broker

after i requested for withdrawal, weirdly my position suffered a severe slippage. if you look at pictures attached below, my trading for the past few days has been going smoothly. up until i loss $13k usd on a single trade!

FX1169078433
2021-09-24 13:38
Unable to Withdraw

Request to Withdraw, Unable to Withdraw

I joined a group where there was a project claiming that an investment of 30,000 could yield a profit of 1.26 million. Subsequently, I initiated a withdrawal on the platform and arranged a face-to-face meeting with the manager, but I did not receive any money. The assistant manager handled it and then informed me that I needed to pay taxes. Later, they assigned a salesperson to assist me. He investigated and told me that my funds were stuck in the Netherlands. There are two solutions: one is to pay the taxes, and the other is tax avoidance, but my account must have 1.26 million.

FX2407792197
2025-02-24 20:14
Unable to Withdraw

Scam. Do not withdraw funds.

Because of the difficult life, I joined the group. At first, I observed for half a month and saw everyone in the community successfully withdraw money every day. So I put aside my guard and borrowed money from relatives and friends, and invested 600,000. However, when I finished the operation and wanted to withdraw money, they said I had changed my password, so the fund center asked me to provide 10% of the asset proof before they could withdraw money. Because I needed money urgently, I invested another 20,000. But later, they didn't respond anymore and they kicked me out of the group. My platform account was also canceled.

FX2795818602
2025-01-13 15:03
East · Company summary

Note: East's official website: https://www.east-century.com/ is currently inaccessible normally.

EastReview Summary
Founded1995
Registered Country/RegionChina
RegulationUnregulated
Market InstrumentsForex, commodities, indices, CFDs
Demo Account✅
Leverage1:100
EUR/USD SpreadFixed, 1 pip
Trading PlatformMT5
Min Deposit$100
Customer SupportEmail: info@east-century.com

Established in 1995, East is a forex broker registered in China, offering various trading options, including Forex, commodities, indices, and CFDs via the leading MT5 platform. However, East operates without regulatory oversight from any reputable financial body.

logo

Pros and Cons

ProsCons
Diverse trading choicesUnregulated status
Demo accounts supportedInaccessible website
MT5 platformLimited payment options
Only email support

Is East Legit?

No, East is not regulated currently. Please be aware of the risk!

Is East Legit?

What Can I Trade on East?

Tradable Instruments Supported
Forex✔
CFD✔
Commodities✔
Indices✔
Stocks❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Account Type

East offers a demo account for traders to practice with. However, the details for specific live account types are not mentioned.

Leverage

East Century provides leverage up to 1:100 – while not by much, this is still more than what regulatory bodies have deemed appropriate for retail traders.

Spread

As for the spread, we learn that the EUR/USD spread on the demo account is 1 pip fixed, a favourable Buy/Sell difference for traders.

Trading Platform

East Century provides access to the Metatrader5 (MT5) – a platform that is generally considered one of the best available. In this case, however, we dont recommend it – simply because East Century cannot be trusted. We would better suggest sticking with legit Metatrader5 brokers instead.

Trading PlatformSupported Available Devices Suitable for
MT4❌/Beginners
MT5✔/Experienced traders
Trading Platform

Deposit and Withdrawal

East accepts deposits via credit cards – this is quite beneficial. East has set its minimum deposit at $100.

User Reviews

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User comment

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Comments

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郑金来
more than one year
該死的平臺， 騙了我近5000美金，然後就逃之夭夭了。 聯系不上他們的工作人員， 都把我拉黑了。 又沒有朋友知道我的錢還能夠要回來嗎？ 如果能幫忙要回來， 我願意分給你一半！
該死的平臺， 騙了我近5000美金，然後就逃之夭夭了。 聯系不上他們的工作人員， 都把我拉黑了。 又沒有朋友知道我的錢還能夠要回來嗎？ 如果能幫忙要回來， 我願意分給你一半！
Translate to English
2022-12-13 15:31
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0
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FX2407792197
0-3months
加入一個群，有個專案3萬可獲利126萬，然後在平台做了提領動作，跟經理約面交，沒收到錢，副理在處理後，然後說要繳交稅金，然後，給了我一個業務，請他查詢，說我的資金卡在荷蘭那邊，有兩種方法，一是繳交稅金，二是避稅，但戶頭要有126萬，
加入一個群，有個專案3萬可獲利126萬，然後在平台做了提領動作，跟經理約面交，沒收到錢，副理在處理後，然後說要繳交稅金，然後，給了我一個業務，請他查詢，說我的資金卡在荷蘭那邊，有兩種方法，一是繳交稅金，二是避稅，但戶頭要有126萬，
Translate to English
+3
2025-02-24 20:14
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0
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20