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Regarding the legitimacy of ECN TRADE forex brokers, it provides a comprehensive investigation into the security aspects of regulatory ASIC, and WikiBit, as well as whether there are any negative scam reviews.

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License

ASIC Suspicious Clone

Is ECN TRADE safe?

The regulatory license is the strongest proof.

ASIC Market Making(MM)

Australia Securities & Investment Commission

Regulatory Agencies Introduction

Current Status:

Suspicious Clone
License Type:
Market Making(MM)

Licensed Institution:
ECN TRADE PTY LTD
Effective Date:
2011-05-20
Email Address of Licensed Institution:
shii@innoinvest.com.au
Sharing Status:
No Sharing
Website of Licensed Institution:
https://www.ecnfxtrade.com/
Expiration Time:
--
Address of Licensed Institution:

Level 11, 20 Martin Place, SYDNEY NSW 2000， Level 13, CitiGroup 2 Park Street, Sydney NSW 2000 Australia
Phone Number of Licensed Institution:
292470022
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3 More

Is ECN TRADE a scam, or is it legit?

The latest exposure and evaluation content of ECN TRADE brokers.

STEER CLEAR OF THIS BROKER

Opened an account with an ECN trade Account Manager who pressurized me to keep adding more to my account. Made profits on a number of trades but was told i couldn't take out investment until i make new deposits but I followed the money and had cases lodged with various fraud regulatory bodies inclusive of fintrack/ org for this reason the investment was released. Very poor advice from an incompetent trading platform

Scam Company

These guys trade against you and will never let you profit from CFD products - I'm pretty sure they do market manipulation, as the info they have on the app differs from info from Yahoo Finance and they will close your account once you try to make a withdrawal

This is alarming

Just Wow.... Ecn trade is a definite fraud!!! I can surely echo the bad reviews below! They managed to steal just shy of £30K within the space of a month . This company is not credible in any way

Glad this is all over

I was aware that even if I paid the tax fine and money laundering penalty they demanded, it wouldn't guarantee that I would receive my money back. Because of this, I reported the charge to assetsclaimback/com, and my money was swiftly transferred back to my cryptocurrency wallet. ECN Trade should be avoided at all costs. I had a lot of money with ECN Trade, and if I hadn't done my investigation and found this company after reading other exposures promoting the recovery firm, I would have lost everything.

ECN TRADE's latest industry rating score is 2.43, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. ECN TRADE If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

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