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Ecorefx

China|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.ecorefx.com/

Website

Rating Index

Contact

support@ecorefx.com
https://www.ecorefx.com/

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!
Previous Detection : 2024-11-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Ecorefx · WikiFX Survey

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Ecorefx · Company Summary

Note: Ecorefx's official website: https://www.ecorefx.com/ is currently inaccessible normally.

Ecorefx Review Summary
Registered Country/RegionChina
RegulationNo Regulation
Market InstrumentsOver 50 trading instruments, including forex pairs, CFDs on stocks, commodities, and indices
Demo Account/
LeverageUp to 1:500
Spread/
Trading PlatformsMT4, MT5
Minimum Deposit$500
Customer SupportEmail: support@ecorefx.com

Ecorefx is an unregulated brokerage company. It provides access to over 50 trading instruments, including forex pairs and CFDs on stocks, commodities, and indices. It offers four account types and two secure trading platforms: MetaTrader 4 and MetaTrader 5.

Ecorefx

Pros and Cons

Pros Cons
Flexible leverage ratiosNon-functional Website
Diverse productsLack of transparency
Offer MT4 & MT5No regulation
Limited contact channels

Is Ecorefx Legit?

No license

Currently, Ecorefx lacks valid regulation, and its domain is not yet registered. We recommend considering other regulated brokers for a more secure trading experience.

What Can I Trade on Ecorefx?

There are over 50 trading instruments on Ecorefx, including forex pairs, CFDs on stocks, commodities, and indices.

Tradable Instruments Supported
Forex
CFDs
Commodities
Indices
Cryptocurrencies
Shares
ETFs
Bonds
Mutual Funds

Account Type

Ecorefx offers four types of accounts: Basic, Premium, Pro, and Enterprise. The required minimum deposits are $500, $1,000, $5,000, and $10,000, respectively.

BasicBasicProEnterprise
Minimum Deposits$500$1,000$5,000$10,000
Leverage1:5001:2001:501:50

Leverage

The leverage for the Basic, Premium, Pro, and Enterprise accounts is 1:500, 1:200, 1:50, and 1:50, respectively. Leverage can amplify profits, but it can also increase the risk of losses.

Trading Platform

EcoreFX claims to offer both MetaTrader 4 and MetaTrader 5, but their website is currently inaccessible, preventing us from verifying this information.

The Bottom Line

Though Ecorefx offers many products, MT4 &MT5, flexible leverage ratios, it is an unregulated brokerage with an inaccessible website. Given the lack of regulation, transparency, and functional customer support, it is not advisable to trade with Ecorefx.

FAQs

Is Ecorefx good for beginners?

No. It is not a good choice for beginners. Not only because of its unregulated condition but also because of its inaccessible website.

Is Ecorefx good for day trading?

Ecorefx offers high leverage that may appeal to day traders. However, the lack of regulation and inaccessible website make it a risky option.

Is it safe to trade with Ecorefx?

No, trading with Ecorefx is not safe due to the lack of regulation and the currently inaccessible website.

Broker Information

Company Name

Ecorefx

Abbreviation

Ecorefx

Regulatory Status

No Regulation

Platform registered country and region

China

Company website
Phone of the company

--

X

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@ecorefx.com

Company Summary

Review

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