EC Investment Bank Forex Broker provides real users with 2 positive reviews, * neutral reviews and * exposure review!
Risk Control
Software Index
Very kind on supporting you can ask them anything about the system if you have any concerns. Very prompt support when the problem happens. Thank you, guys.
I have a very happy trading experience with this broker. They can always offer excellent support, good suggestions and follow-up. I’m happy with EC Investment Bank.
Summary: EC Investment Bank has established itself as a reputable player in the forex and CFD market since its inception in 2008. It is well-regulated under the Labuan Financial Services Authority (Labuan FSA) and offers a range of financial services, including private wealth management and structured investments. However, user reviews suggest mixed experiences, particularly regarding customer support and the lack of popular trading platforms like MT4 or MT5.
Note: It is important to consider that EC Investment Bank operates through different entities across regions, which may lead to variations in services and regulations. This review synthesizes information from multiple sources to ensure fairness and accuracy.
| Category | Rating (Out of 10) |
|---|---|
| Account Conditions | 6.5 |
| Tools and Resources | 5.0 |
| Customer Service and Support | 5.5 |
| Trading Experience | 6.0 |
| Trustworthiness | 7.0 |
| User Experience | 6.0 |
We assess brokers based on a combination of user feedback, expert opinions, and factual data from reputable sources.
Founded in 2008, EC Investment Bank, officially known as European Credit Investment Bank Ltd., is a licensed offshore investment bank regulated by Malaysia's Labuan Financial Services Authority (Labuan FSA). The bank specializes in enhancing financial market liquidity and offers a wide array of services, including private wealth management and structured investment products. However, it does not support popular trading platforms like MT4 or MT5, which may limit its appeal to some traders. The bank primarily focuses on forex, CFDs, commodities, and indices.
Regulatory Regions:
EC Investment Bank is regulated in Malaysia by the Labuan FSA, which provides oversight for its market-making license. This regulatory framework ensures that the bank adheres to specific financial standards, enhancing its credibility in the market.
Deposit/Withdrawal Currencies:
The bank primarily operates in Malaysian Ringgit (MYR) and US Dollars (USD). There is no mention of support for cryptocurrencies in the available sources.
Minimum Deposit:
The minimum deposit required to open an account with EC Investment Bank is not explicitly stated in the sources. However, it is common for such institutions to require a minimum amount, typically ranging from $100 to $500 for trading accounts.
Bonuses/Promotions:
There are no significant bonuses or promotions mentioned in the reviews, which is a common practice among regulated banks that focus on transparency and regulatory compliance.
Tradeable Asset Classes:
EC Investment Bank offers various tradeable assets, including forex pairs, CFDs, commodities, and indices. However, the lack of popular trading platforms may deter some traders from utilizing their services.
Costs (Spreads, Fees, Commissions):
The reviews indicate that EC Investment Bank provides competitive spreads, but exact figures are not specified. Users should be aware of potential commissions associated with specific trades, although detailed fee structures are not widely available in the sources reviewed.
Leverage:
The leverage offered by EC Investment Bank is not explicitly mentioned in the sources. Traders should inquire directly with the bank for this information, as leverage can vary significantly based on regulatory standards and asset classes.
Permitted Trading Platforms:
The bank does not support widely used platforms such as MT4 or MT5, which could be a significant drawback for traders accustomed to these tools.
Restricted Regions:
There are no specific details about restricted regions; however, potential clients should verify whether services are available in their respective countries, especially considering the bank's regulatory framework.
Available Customer Service Languages:
Customer support appears to be primarily available in English, with contact options including phone support and email. However, the reviews indicate that response times may vary, and some users have expressed concerns about the quality of support received.
| Category | Rating (Out of 10) |
|---|---|
| Account Conditions | 6.5 |
| Tools and Resources | 5.0 |
| Customer Service and Support | 5.5 |
| Trading Experience | 6.0 |
| Trustworthiness | 7.0 |
| User Experience | 6.0 |
Account Conditions:
The account conditions are rated at 6.5, reflecting a moderate level of accessibility and flexibility. While the bank is regulated, the absence of a clear minimum deposit requirement may be a concern for prospective clients.
Tools and Resources:
With a score of 5.0, the bank falls short in providing advanced trading tools or educational resources. Users looking for comprehensive support in their trading journey may find this lacking.
Customer Service and Support:
Rated at 5.5, customer service experiences vary. Some users report prompt assistance, while others express dissatisfaction with response times and the quality of support provided.
Trading Experience:
With a rating of 6.0, the trading experience is average. The lack of popular trading platforms like MT4 or MT5 may hinder the overall trading experience for many users.
Trustworthiness:
Rated at 7.0, EC Investment Bank's regulatory compliance enhances its credibility. However, the mixed reviews regarding user experiences may raise concerns for some traders.
User Experience:
The user experience is rated at 6.0, reflecting an average level of satisfaction. While some users report positive interactions, others have highlighted areas for improvement, particularly in customer support.
In conclusion, EC Investment Bank presents a range of services that may appeal to specific investors, especially those interested in structured products and private wealth management. However, potential clients should consider the limitations in trading platforms and customer support when evaluating whether to engage with this broker.
