Abstract:ECN Swiss is an unregulated broker, providing CFD trading on currency pairs, indices, metals, commodities and stocks with leverage up to 1:500 and spread from 1 pip on the Bronze account via the MT4 and MT5 platforms. The minimum deposit requirement to open a live account is as high as 500 USD.
Note: ECN Swiss's official website - https://www.ecnswiss.com/ is currently inaccessible normally.
ECN Swiss Review Summary | |
Founded | / |
Registered Country/Region | Germany |
Regulation | Not regulated |
Market Instruments | CFDs on currency pairs, indices, metals, commodities and stocks |
Demo Account | / |
Leverage | Up to 1:500 |
Spread | From 1 pip (Bronze account) |
Trading Platform | MT4, MT5 |
Min Deposit | $500 |
Customer Support | Email: support@ecnswiss.com |
ECN Swiss is an unregulated broker, providing CFD trading on currency pairs, indices, metals, commodities and stocks with leverage up to 1:500 and spread from 1 pip on the Bronze account via the MT4 and MT5 platforms. The minimum deposit requirement to open a live account is as high as 500 USD.
Pros | Cons |
Various trading assets | Unavailable website |
Multiple account types | Not regulated |
Commission-free accounts offered | High minimum deposit |
MT4/5 platform | Only email support |
Popular payment options |
No, ECN Swiss is not regulated. The Spanish financial watchdog (the CNMV), has blacklisted it as a potential scammer. Besides, the Spanish CONSOB also issues a warning of it. Please be aware of the risk!
Tradable Instruments | Supported |
CFDs | ✔ |
Currency pairs | ✔ |
Indices | ✔ |
Metals | ✔ |
Commodities | ✔ |
Stocks | ✔ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Account Type | Min Deposit |
Bronze | $500 |
Gold | $10,000 |
Platinum | $20,000 |
ECN Swiss allows its clients to use leverage of up to 1:500, 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.
Account Type | Max Leverage |
Bronze | 1:500 |
Gold | 1:400 |
Platinum | 1:300 |
Since leverage can magnify gains as well as losses, 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.
Account Type | Spread | Commission |
Bronze | From 1 pip | ❌ |
Gold | Fixed | ❌ |
Platinum | From 0.0 pips | ✔ |
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Web, Desktop, Mobile | Beginners |
MT5 | ✔ | Web, Desktop, Mobile | Experienced traders |
ECN Swiss accepts deposit and withdrawal via Visa, MasterCard, bank wire and WebMoney.
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