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ENMORE BROKERS foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://www.ecbsh.com//english/index.html, about the company's legal and temporary regulatory information, the company's address 7F, Block C, 999 Jinzhong Rd, Shanghai.

ENMORE BROKERS Forex Broker

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ENMORE BROKERS

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Company profile

Aspect Details Company Name Enmore Commodity Brokers Co. Ltd Registered Country China Founded Year 2019 Regulation None Tradable Assets Iron Ore, Naphtha, LPG, Coking Coal, Thermal Coal, RMD/USD physical and forward markets, OTC derivatives on SGX, CME, ICE Customer Support Email: op@ecbsh.com, Tel: +86-21-51554885, Contact form available Overview of ECB Enmore Commodity Brokers Co. Ltd (ECB), established in 2019 and based in China, is a collaborative venture between Enmore Group and TP ICAP Group. ECB provides expert commodity brokerage services, both within China and internationally. The broker deals in commodities such as iron ore, naphtha, LPG, coking coal, and thermal coal, and facilitates OTC derivative transactions on prominent exchanges like SGX, CME, and ICE. However, ECB operates without regulatory regulation. Pros and Cons ECB specializes in commodities markets, offering access to OTC derivative transactions on major exchanges such as SGX, CME, and ICE. Their partnership with prominent firms like Enmore Group and TP ICAP Group lends credibility to their operations. Additionally, ECB serves both domestic and international clients and provides a convenient contact form on their website for support inquiries. However, ECB is not regulated by any financial authority. The broker also does not offer coverage of forex, stocks, or indices, limiting the range of trading instruments available. There is a lack of transparency regarding account types, leverage, spreads, and fees. Furthermore, ECB does not provide any educational resources to support traders in improving their skills and knowledge. Pros Cons Specialization in commodities and energy markets Not regulated Access to OTC derivative transactions on major exchanges No coverage of forex, stocks, or indices Partnership with Enmore Group and TP ICAP Group Lack of transparency in account types Serves both domestic and international clients Obscurity of leverage, spreads and fees Contact form available No educational resources Is ECB legit or a scam？ ECB is currently not regulated by any financial regulatory body. This lack of regulation implies the absence of mandated protections and oversight typically provided by regulatory authorities. Market Instruments ECB offers trading instruments focused on commodities markets for both Chinese and international clients. These include iron ore, naphtha, LPG (liquefied petroleum gas), coking coal, and thermal coal. Furthermore, ECB facilitates OTC derivative transactions on major exchanges like SGX, CME, and ICE. How to Open an Account with ECB Since there is no direct registration button available on ECB's Website, reach out to customer support via email at op@ecbsh.com or call +86-21-51554885 to express your interest in opening an account. Customer Support Email: op@ecbsh.com Tel: +86-21-51554885 Address: 7F, Block C, 999 Jinzhong Rd, Shanghai A contact form is available on the ECB website. Conclusion ECB is a specialized commodity brokerage firm established in 2019 in China. It collaborates with prominent entities such as Enmore Group and TP ICAP Group, offering access to OTC derivatives on major exchanges like SGX, CME, and ICE. While ECB's focus on commodities markets and its international reach are strengths, its lack of regulatory oversight and transparency concerning account details, leverage, and fees are significant disadvantages. Additionally, the firm's limited range of tradable instruments and absence of educational resources could deter potential clients seeking a more well-rounded trading experience. FAQs Q: Is Enmore Commodity Brokers Co. Ltd (ECB) a regulated broker？ A: No, ECB operates without regulation from any financial authority. Q: What trading instruments are available at ECB？ A: ECB provides trading in commodities such as iron ore, naphtha, LPG, coking coal, and thermal coal, along with OTC derivatives on SGX, CME, and ICE. Q: How do I open an account with ECB？ A: To open an account, contact ECBs customer support via email at op@ecbsh.com or call +86-21-51554885, as there is no direct registration option on their website. Q: What advantages does ECB offer？ A: ECB specializes in commodities, offers access to major exchanges for OTC derivatives, and has reputable partnerships with Enmore Group and TP ICAP Group. Q: What are the disadvantages of ECB？ A: ECB lacks regulation, transparency in account details, leverage, and fees, and does not provide forex, stocks, indices, or educational resources. Q: How can I contact ECB for support？ A: You can reach ECB's customer support through email at op@ecbsh.com, phone at +86-21-51554885, or the contact form on their website. Risk Warning Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies. Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.
ENMORE BROKERS broker review
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Pros
Fast execution speed
Reliable chat support
Flexible account types
Cons
Lacks crypto CFDs
No proprietary trading platform
MT5 web trader unavailable

Basic Information

Registered Region
China
Operating Period
--
Company Name
Enmore Commodity Brokers Co. Ltd
Abbreviation
ENMORE BROKERS
Company employee
--
Customer Service Email Address
op@ecbsh.com
Company Website
http://www.ecbsh.com//english/index.html
Company Address
7F, Block C, 999 Jinzhong Rd, Shanghai
How to login to ENMORE BROKERS?
ecb Complete Account Guide: Registration, Account Opening, and Login Processes Welcome to the comprehensive guide on the ecb platform, where we will walk you through the entire process of account registration, opening, and login. This guide aims to provide you with clear, step-by-step instructions to ensure a smooth experience while using the ecb platform. Part One: Account Registration Process How to Register a ecb Account Registering for an ecb account is the first step towards accessing the platform's features. Follow these detailed steps to complete your ecb registration: Steps to Register: Accessing the Registration Page: Navigate to the official ecb website (insert link here) and locate the "Sign Up" or "Register" button, typically found on the homepage. Filling in Required Information: Complete the registration form by providing necessary details, including your name, email address, and phone number. Ensure that the information is accurate to avoid issues later. Email/Phone Verification: After submitting your information, you will receive a verification email or SMS. Click the verification link or enter the code sent to your phone to confirm your identity. Identity Verification (if required): Depending on your region, you may need to provide additional identification documents (such as a government-issued ID) to verify your identity. Follow the instructions provided during the registration process to upload these documents. Registration Confirmation: Once your information is verified, you will receive a confirmation message. This may include a welcome email with further instructions on how to proceed. Common Registration Issues and Solutions: Email Not Received: Check your spam folder or ensure that you entered the correct email address. Verification Code Issues: If you do not receive a code, request a new one or check your mobile network connection. Identity Verification Delays: Ensure that the documents are clear and legible. If issues persist, contact ecb support for assistance. Regional Differences in Registration: Some regions may have specific requirements or restrictions, such as additional documentation or age verification. Always check the ecb website for region-specific guidelines. Part Two: Account Opening Process ecb Account Opening Detailed Guide Once you have successfully registered, the next step is to open your ecb account. This process may differ slightly from registration, as it involves selecting an account type and submitting necessary documentation. Differences Between Registration and Account Opening: Registration creates your user profile, while account opening allows you to access specific services and features based on your selected account type. Preparation Work Before Account Opening: Before opening your ecb account, gather necessary documents such as proof of identity, proof of address, and any financial information that may be required. Steps to Open an Account: Selecting Account Type: Log into your ecb account and navigate to the account opening section. Choose the type of account you wish to open (e.g., individual, business, etc.). Submitting Required Documents: Upload the necessary documents for verification. This typically includes a government-issued ID and proof of address (like a utility bill). Account Review Process: After submission, your application will be reviewed by ecb's team. This may take a few business days, depending on the volume of applications. Account Activation: Upon approval, you will receive a notification confirming that your account is activated. You may need to set up additional security features at this stage. Initial Setup: Log into your ecb account and complete the initial setup, which may include setting preferences and enabling two-factor authentication for added security. Frequently Asked Questions About Account Opening: How long does the account opening process take？ Typically, it takes 3-5 business days for the account to be reviewed and activated. What if my application is denied？ You will receive an explanation for the denial. You may be able to reapply after addressing the issues stated. Next Steps After Opening an Account: Once your account is activated, familiarize yourself with the platform and consider making an initial deposit to start using the services offered. Part Three: Login Guide ecb Login Process Explained Logging into your ecb account is a straightforward process, allowing you to access your account and utilize the platform's features. Basic Web Login Process: Visit the ecb Website: Open your web browser and go to the ecb login page (insert link here). Enter Your Credentials: Input your registered email address and password in the respective fields. Two-Factor Authentication (if enabled): If you have two-factor authentication enabled, enter the code sent to your registered phone or email. Click Login: Once all fields are filled out, click the "Login" button to access your account. Dashboard Access: Upon successful login, you will be directed to your account dashboard, where you can manage your settings and transactions. Mobile App Login Process: If ecb has a mobile app, download it from the App Store or Google Play. Open the app, enter your credentials, and follow similar steps to log in. Other Login Methods: Some platforms may offer third-party login options (like Google or Facebook). If available, you can use these for quicker access. Common Login Issues and Solutions: Forgotten Password: Click the "Forgot Password？" link on the login page and follow the instructions to reset your password. Account Lockout: If your account is locked due to multiple failed login attempts, wait for a specified period or contact ecb support for assistance. Technical Issues: Ensure your browser is updated, clear your cache, or try a different browser if you encounter issues logging in. Special Instructions for First-Time Login: After your first login, you may be prompted to set up security questions or change your password for security reasons. Overview of Features After Login: Once logged in, you can access your account settings, transaction history, and various tools offered by the ecb platform. Additional Sections Account Security Recommendations Use a strong, unique password and change it regularly. Enable two-factor authentication for added security. Be cautious of phishing attempts; always verify URLs before entering your credentials. Best Practices for Account Management Regularly monitor your account activity for unauthorized transactions. Keep your contact information updated to ensure you receive important notifications. Familiarize yourself with ecb's security policies and procedures. How to Get Technical Support For technical issues, contact ecb support via their official help center or customer service email. Check the FAQ section on the ecb website for common problems and solutions. This guide provides a comprehensive overview of the ecb registration, account opening, and login processes. By following these steps, you can ensure a smooth and successful experience on the ecb platform. For further assistance, do not hesitate to reach out to ecb support.
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ECB Forex Broker - Complete Information Guide

1. Broker Overview

ECB Financial Group, founded in 2020, is a global CFD broker headquartered in London, United Kingdom. The company operates as a private entity and provides trading services primarily in the forex and CFD markets. Over the years, ECB Financial Group has established itself as a significant player in the trading industry, focusing on retail forex trading and catering to a diverse clientele that includes individual traders and institutional investors.

The broker's development has been marked by several milestones, such as its regulatory approvals from the Financial Conduct Authority (FCA) in the UK and the Cayman Islands Monetary Authority (CIMA). This regulatory framework has helped ECB Financial Group build a reputation for reliability and transparency in its operations. The firm has also expanded its offerings by partnering with various educational institutions and initiatives, reinforcing its commitment to client education and responsible trading practices.

The business model of ECB Financial Group revolves around providing retail forex trading services, offering a range of trading instruments, including CFDs on forex, indices, commodities, and shares. With a strong emphasis on technology, the broker utilizes popular trading platforms like MetaTrader 4 and MetaTrader 5, enabling traders to execute their strategies effectively.

2. Regulatory and Compliance Information

ECB Financial Group operates under the supervision of several regulatory bodies. The main regulatory authorities overseeing its operations are:

  • Financial Conduct Authority (FCA), United Kingdom - License Number: 927552
  • Cayman Islands Monetary Authority (CIMA) - License Number: 2038223

The regulatory licenses are valid for the respective jurisdictions and cover the broker's operations in those regions. ECB Financial Group maintains different legal entities to comply with regulatory requirements, ensuring that client funds are handled according to the highest standards.

Client funds are kept in segregated accounts, providing an additional layer of security. The broker participates in investor compensation schemes, offering protection up to £85,000 for clients under the FCA regulation. Additionally, ECB Financial Group adheres to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance measures, ensuring that all clients undergo thorough identity verification processes to prevent fraud and money laundering activities.

3. Trading Products and Services

ECB Financial Group offers a diverse range of trading products, primarily focusing on the following categories:

  • Forex: The broker provides access to 37 forex pairs, including major, minor, and exotic currencies.
  • CFD Products: Clients can trade CFDs on various asset classes, including:
  • Indices: 12 global indices, including popular options like the Dow Jones and FTSE 100.
  • Commodities: 5 commodities, such as gold and oil.
  • Shares: 51 CFDs on US stocks.
  • Cryptocurrencies: Currently, ECB Financial Group does not offer crypto CFDs, but plans to expand its product range in the future.

The broker is committed to regularly updating its product offerings, ensuring that clients have access to a competitive selection of instruments. Retail trading services are complemented by institutional client services, including white-label solutions for other firms looking to enter the forex market.

4. Trading Platforms and Technology

ECB Financial Group supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely recognized for their robust trading capabilities. These platforms offer advanced charting tools, automated trading options, and a user-friendly interface, making them suitable for traders of all experience levels.

The broker does not currently offer a proprietary trading platform but focuses on enhancing the functionality of MT4 and MT5. Additionally, ECB Financial Group provides a web-based trading platform that allows clients to trade directly from their browsers without the need to download software.

For mobile traders, the broker offers the MT5 mobile application, compatible with both iOS and Android devices. This app enables traders to manage their accounts and execute trades on the go.

The execution model employed by ECB Financial Group is a Principal Model, ensuring that all client orders are executed efficiently. The broker's servers are strategically located in over 50 locations worldwide, including major financial hubs such as London, New York, and Singapore, which contributes to low latency and fast execution speeds.

API access and automation support are also available, allowing clients to implement algorithmic trading strategies effectively.

5. Account Types and Trading Conditions

ECB Financial Group offers two main account types to suit different trading needs:

  • Standard Account:

  • Minimum Deposit: $100

  • Spreads: From 1.1 pips

  • Commission: No commission charges, as costs are reflected in spreads.

  • Professional Account:

  • Minimum Deposit: $5,000

  • Spreads: From 0.0 pips (raw spreads)

  • Commission: $6 per lot (round trip).

The broker also provides demo accounts for both account types, allowing traders to practice their strategies without risking real capital. Additionally, ECB Financial Group offers Islamic accounts, adhering to Sharia law principles.

Leverage options vary by regulatory entity, with a maximum of 1:100 under the FCA and 1:500 under CIMA. The minimum trading lot size is 0.01, and overnight fees are applied based on market conditions.

6. Fund Management

ECB Financial Group supports a variety of deposit methods, ensuring convenience for its clients. The available deposit options include:

  • Bank Wire Transfer
  • Credit/Debit Cards
  • Digital Wallets (e.g., Skrill, UnionPay)

The minimum deposit requirement varies by account type, with the standard account requiring $100 and the professional account requiring $5,000. Deposits are processed quickly, typically within 1-15 minutes for e-wallets and 2-5 business days for bank transfers, depending on the method used.

Importantly, ECB Financial Group does not charge any fees for deposits or withdrawals, which is a significant advantage for traders looking to maximize their trading capital. Withdrawal requests are processed efficiently, generally taking 1 business day for most methods.

7. Customer Support and Educational Resources

ECB Financial Group provides comprehensive customer support through multiple channels, including:

  • Live Chat
  • Email Support
  • Dedicated Account Managers for professional account holders.

Support is available in various languages, including English, Chinese, Thai, Vietnamese, Spanish, Portuguese, and Hindi, ensuring that clients from different backgrounds can receive assistance.

The broker also offers educational resources, including articles and tutorials designed to help traders understand the market and improve their trading skills. Market analysis services, such as daily insights and research reports, are also available, providing valuable information to clients.

8. Regional Coverage and Restrictions

ECB Financial Group serves clients globally, with a particular focus on markets in Europe, Asia, and North America. The broker has established regional offices in key locations to support its international clientele.

However, certain countries are restricted from opening accounts with ECB Financial Group, including:

  • United States
  • Canada
  • Russia
  • North Korea
  • Syria

These restrictions are in place to comply with international regulations and to ensure that the broker operates within the legal frameworks of the jurisdictions it serves.

In conclusion, ECB Financial Group presents itself as a robust option for traders seeking a reliable forex broker with a solid regulatory foundation, a diverse range of trading products, and advanced trading technology. With a commitment to client education and support, ECB Financial Group aims to empower traders in their trading endeavors.

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Latest Reviews

FX1478979502

FX1478979502

Malaysia

I came across ECB and decided to give it a try, but I regret my decision! Their website is not user-friendly, and it was difficult to find any relevant information about their services. Besides, I couldn't find any information about their trading platforms and conditions, which made me very suspicious. Everything is so non-transparent! Don’t waste your time and money on this broker. Based on my many years’ tarding experience, I would advise traders to stay away from ECB.

37130

2023-04-23

ENMORE BROKERS Forex Broker has an overall rating of 1.53, Regulatory Index 0.00, License Index 0.00, Business Index 7.14, Software Index 4.00 Risk Control Index 0.00.
ENMORE BROKERS