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Forex Broker Review – ECNTradeFX.com Georgia Based Forex Broker

Below is a Forex review of online forex broker ECNTradeFX.com. ECNTradeFX.com forex trading broker is based in Georgia. Below is a list of the most common questions about ECNTradeFX.com that traders ask about this broker.

 

ECNTradeFX is owned by GIA Financial Ltd.

Forex Broker reviews - ECNTradeFX.com

 

 

Where is ECNTradeFX.com currency broker based

ECNTradeFX is based in Georgia, its address is:

 

Flat 311 No 34 Pekini Street,

Tbilisi,

Georgia.

 

Is ECNTradeFX.com a licensed and regulated Forex broker

Details of the license, registration and regulation of this FX broker cannot be found on their website.

 

This Forex Broker is not regulated by any Financial Regulatory Authority

 

What is the execution method of ECNTradeFX.com

ECNTradeFX provides two execution methods:

 

Market maker dealing desk execution and

ECN, Electronic Communication network, STP Straight through processing of orders for ECN accounts.

 

 

What are the spreads of ECNTradeFX.com

The spreads of ECNTradeFX.com are:

 

ECNTradeFX.com

Currency

Spread

EURUSD

2 pips

GBPUSD

3 pips

USDJPY

2 pips

USDCHF

3 pips

 

Spreads may vary depending on forex account type and market volatility, ECN accounts include paying of commissions on top of spreads.

 

Financial Instruments provided for trading by ECNTradeFX.com

Currencies

Metals

CFDs

Indices

Equities

 

What are the forex account types of ECNTradeFX.com

Forex broker

  • ECN forex account
  • Mini forex account

 

Does ECNTradeFX.com have Islamic Forex Trading Accounts

ECNTradeFX does not provide swap free Islamic Accounts.

 

What are the terms for demo accounts for ECNTradeFX.com

ECNTradeFX provides forex demo trading account upon downloading their forex trading platform.

 

How is the withdraw and deposit process of ECNTradeFX.com

Wire transfer, Skrill, WebMoney, OKpay and Paypal money transfer methods are provided for deposit and withdraw of funds.

 

Wire transfer withdraw 3.2 % fees charged.

 

 

What is the minimum account opening capital for ECNTradeFX.com

  • Mini forex account - $100
  • ECN forex account - $1,000

 

Does ECNTradeFX.com give an account opening deposit bonus

20% account opening deposit bonus is given by ECNTradeFX

 

What is the security and reliability of ECNTradeFX.com

What is the broker rating for ECNTradeFX.com security and reliability

 

This Forex Broker is not regulated by any Financial Regulatory Authority

 

Does ECNTradeFX.com accept forex scalping

ECNTradeFX allows scalping trading on their ECN accounts.

 

Does ECNTradeFX.com give free forex education to traders

This broker does not provide a learn currency trading education for forex trading online.

 

What are the trading platforms of ECNTradeFX.com currency broker

Metatrader4

 

Is ECNTradeFX.com a MetaTrader 4 Forex broker

ECNTradeFX.com provides MetaTrader 4 software which is the best platform according to reviews.

 

The platform MetaTrader 4 can be downloaded from the brokers’ website.

 

Does ECNTradeFX.com allow automated forex trading

The broker automated trading policy on automated trading is:

 

ECNTradeFX allows Expert Advisors automated forex trading on their ECN forex accounts on their MetaTrader 4 platform.

 

What are ECNTradeFX.com broker website information sections

The website information sections are:

 

Forex Trading Accounts Section: where traders will find information about forex accounts such as demo practice account and live forex accounts provided by this Currency broker. Traders wanting to start trading can open an account from this section.

 

Contact Section: there is a section of contacts for this fx broker, where a trader can contact this forex broker.

 

Platforms Section: this section provides platforms where a trader can choose one for tradng.

 

 

Regulated Broker