The rating, decomposed
EC Markets review
What produced EC Markets's rating - every factor, shown separately.
EC Markets has not been rated yet - we score a broker only once it has been assessed against every measure, so the number stays comparable. Regulated by ASIC (414198), FCA, FSCA (51886), FMA (FSP197465), FSC (GB21200130), FSA (SD009), offering MT4, MT5. What follows is drawn from the broker's own published material and covers the things that decide the account you end up with: who oversees them, what trading actually costs, and where the compromises sit.
Our rating
Not yet rated. We publish a score only once the broker has been assessed against every measure, so the number stays comparable across our sites. The specifications below are still accurate.
What it costs to trade
- Spread from
- 0.0 pips
- Minimum deposit
- $10
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
EC Markets lists a minimum deposit of $10. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Platforms
- Trading software
- MT4, MT5
MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.
MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.
Leverage, markets and funding
- Maximum leverage
- 1:1000
- Markets
- Not on record
- Funding
- Not on record
Leverage up to 1:1000 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.
Regulation and safety
- Regulated by
- ASIC (414198), FCA, FSCA (51886), FMA (FSP197465), FSC (GB21200130), FSA (SD009)
EC Markets holds tier-one authorisations from ASIC, FCA and FMA. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.
It also operates an offshore entity (FSC and FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.
ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.
The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.
The FSCA licenses derivative providers in South Africa without a fixed retail leverage cap, so headline leverage is often higher than an FCA or ASIC entity may offer.
Information is regularly updated. Last compiled from EC Markets's own website on 26 August 2026.