ECHForex Broker Information
- Jurisdiction: Australia
- Regulators: CySEC, IFSC, FSC, ASIC, DFSA, SCB, FCA
- Founded: 2015
ECHForex Quick reference
ECHForex represents a segment of CFD brokers. They are popular now. Firstly, they provide access to a variety of contracts from one account. Secondly, they lend a shoulder by providing a solid leverage for traders.
ECH Forex offers more than 100 CFDs on Forex, Metals, Stocks, Commodities, Indices, ETFs, Cryptocurrencies for trading. The broker also has a high leverage - up to 1: 500.
ECH Forex declares its advantages:
- 4 years of “perfect work”,
- 246,500 open trading accounts,
- instant execution of orders,
- official regulation,
- participation in international exhibitions,
- 24/7 technical support.
The broker also reports on its rewards. It was recognized as “the best” in different categories, but it is not known which organizations did this.
Date of foundation. If you believe the information on the site echforex.com, the broker has been providing services since 2015.
The brand has two goals. The first is to save customers’ time and therefore integrate advanced trading technologies. The second goal is to grow and create a community.
Location. The broker reports that it is registered in Australia. There the office should be sought at the address 23, Sturt Street, Melbourne, VIC 3008, Australia.
Contacts. To contact the round-the-clock support service, you can call + 44 (0) 130 23 481 (international) or write to firstname.lastname@example.org. The site has a button for requesting a call back.
Regulation. ECH Forex declares that it is regulated from 7 sides. So, the first license with number 111/34 was allegedly issued by CySEC, the second license No. 60/354 / TS / 19 - was issued by IFSC, and the third one No. С124557398 - was issued by FSC Mauritius. Scan copies cannot be viewed.
The broker also reports that its activities are approved by ASIC, DFSA, SCB, FCA. However, the site does not contain document identifiers. We can’t talk about scans either.
Terminal. The broker offers a program developed by itself. The program provides instruments for technical and graphical analysis, it collects a history of quotes. It can also hedge risks.
ECH Forex trading terms
The broker offers a choice of 3 accounts: Basic, Advanced and Professional. As usual, the quantity and quality of services depends on the amount of money that a trader will deposit.
ECH Forex executes trades instantly.
Basic account - minimum replenishment is from $ 500. Leverage is 1:20. The user gets access to a limited number of trading instruments, but it is not specified.
Advanced account has minimum deposit of $ 1,000. Leverage is 1:500. The broker opens access to cryptocurrency trading and insures deposit.
Professional account has minimum deposit of $ 10,000. Leverage is 1:500. The client can trade in cryptocurrency and apply for insurance and protection of the deposit, as well as a personal support line.
The broker does not post analytical materials, but prepared short notes on markets and integrated contract specifications.
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