ECCapital Journal (Broker out of business)

Journal status: closed
ECCapital out of business
ECCapital Profile
Website
eccapitals.com
Year
2021
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
...
Broker type
MM
Dealing book
A+B hybrid book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...

ECCapital Accounts
MM
Minimum Deposit
250 €
Leverage
30 : 1
Minimum Lot
0.01 lots
EURUSD spread
2.8 pips
Commission
0 $/lotRT
Volume
...
Margin Call
50 %
Stop Out
3 %
Execution
Market
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card
Base currency
EUR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is ECCapital safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is ECCapital trusted?

  • Information transparency: sufficient ★★★
  • Customer service: virtually non-existent
  • ECCapital website: semi-detailed, updated ★★★
  • ECCapital popularity (by visitor count): least visited

How ECCapital works



The transaction is executed at the prices the Client can see on the screen. Due to the high volatility of the markets during the confirmation process, the price may change, and the Company has the right to offer the Client a new price. In the event the Company offers the Client a new price, the Client can either accept the new price and execute the transaction or refuse the new price, thus cancel the execution of the transaction.

3.16. The Company has the right at its discretion to increase or decrease spreads on Financial Instruments depending on market conditions.

3.17. The Company has the right not to accept trading in all provided trading symbols, to be determined in its own absolute discretion, 2 minutes before and after a Critical News Release.


The Client is hereby advised that the transactions undertaken through the dealing services of the Company may be of a speculative nature.

7.2. Transactions may not be undertaken on a recognized or designated investment exchange and, accordingly, they may expose the Client to higher risks than exchange transactions. The terms and conditions and trading rules may be established solely by the Execution Venue. The Client may only be able to close an open position of any given contract during the opening hours of the Execution Venue. The Client may also have to close any position with the same counterparty with whom it was originally entered into.



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