ECG Brokers Forex Broker

Note: MorsPrime's official website - https://www.ecgbrokers.com is currently inaccessible normally.ECG Brokers Review SummaryFounded/Registered Country/RegionMauritiusRegulationUnregulatedMarket InstrumentsForex, stocks, cryptocurrencies, commodities, and indicesDemo Account✅LeverageUp to 1:500SpreadFrom 0.6 pips (Standard account)Trading PlatformMT5Min Deposit$0Customer SupportEmail: clientsupport@ecgbrokers.comInstagram, Facebook, LinkedIn, and Twitter ECG Brokers is an unregulated broker registered in Mauritius, offering trading in forex, stocks, cryptocurrencies, commodities, and indices with leverage up to 1:500 and spread from 0.6 pips via the MT5 platform. Demo accounts are available but the minimum deposit requirement to open a live account is as high as $500.Pros and ConsPros Cons Diverse tradable asset classesInaccessible websiteDemo accountsUnregulatedMultiple account typesOnly email supportTight spreadsCommission-free accounts offeredMT5 trading platformNo minimum depositPopular payment optionsIs ECG Brokers Legit? No. ECG Brokers has no regulations currently. Please be aware of the risk!What Can I Trade on ECG Brokers?Tradable Instruments Supported Forex✔Commodities✔Indices✔Stocks✔Cryptocurrencies✔Bonds❌Options❌ETFs❌Account TypeAccount TypeMin DepositStandard$0Raw$1,000Elite$10,000Leverage The leverage of ECG Brokers can be up to 1:500 for all account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.ECG Brokers FeesAccount TypeSpreadCommissionStandardFrom 0.6 pips❌RawFrom 0.0 pips$3 per lotElite$1.5 per lotTrading PlatformTrading PlatformSupported Available Devices Suitable forMT4✔Desktop, Android, IOSBeginnersMT5✔Desktop, Android, iOSExperienced tradersDeposit and Withdrawal ECG Brokers accepts payments via VISA, Mastercard, PayPal, Skrill, and NETELLER.