EC Markets

Sharaga was founded in 2011 and is a registered investment company in the Seychelles. The head office is also located there. Offshore jurisdictions are popular among financial scammers. Loyal legislation allows you to hide information about the ultimate beneficiaries of the organization.

According to legend, a scam Markets EC is strictly regulated by several leading financial authorities, highlighting its commitment to high standards of security and transparency. The company has received licenses from the following auditors:

• Financial Services Authority of Seychelles (FSA);
• Mauritius Financial Services Commission (FSC);
• UK Financial Conduct Authority (FCA).

Of the listed regulators, only the British auditor can be called reliable. However, this is not enough for legal activities in Russia. You must have a license from the Central Bank of the Russian Federation, which you do not have EC Markets official website the broker prefers to avoid such an important topic.

EU Markets includes several legal entities:

• Seychelles division;
• a company registered in England.

Traders from Russia are offered to open accounts in an offshore division, which is a priori unprofitable.

The presence of multiple licenses from leading regulators confirms the high level of reliability and security EC Markets as a broker. The company also offers negative balance protection and audits through independent third parties, providing an additional layer of protection for customers.

In reality, everything is less profitable: the office hides behind offshore registration and licenses from dubious departments, the authenticity of which cannot be confirmed. In Russia, sharaga services traders illegally, so it is better to refuse the company’s services.

Trading conditions and types of trading accounts EC Markets

The project offers three main types of trading accounts: Standard, ECN and Professional. Each of these accounts is designed to suit different trading strategies and experience levels:

• Standard: Ideal for experienced traders looking to reach the top in Forex. It offers spreads from 1.2 pips and leverage up to 500:1. Traders can trade standard spot contracts on foreign exchange, commodities and indices;
• ECN: Designed for professional traders looking for the best trading conditions with spreads as low as 0.0 pips and the same level of leverage as a Standard account. This account provides direct access to deep liquidity and more competitive pricing;
• Professional: Offers traders commission-free trading where the trading cost is as low as 0. This account is suitable for traders with high trading volume, giving them all the benefits of an ECN account without the additional costs.

MT4 is offered to traders as the main platform. MetaTrader 4 is one of the most popular trading terminals in the world due to its reliability, wide range of functions and flexibility:

• Powerful trading and analysis tools: Traders can use a wide range of advisors, custom indicators and more than 80 technical indicators to develop and test their trading strategies;
• Availability on all devices: MT4 is available on PC and Mac, as well as mobile apps for iOS and Android, allowing traders to trade anywhere, anytime;
• trading automation: the platform supports automation of trading operations using Expert Advisors, which gives traders the opportunity to execute strategies 24/7 without the need to constantly monitor the market;
• Multilingual support and customizable interface: MT4 supports multiple localizations and offers traders the opportunity to customize the interface according to their preferences.

At the same time, scammers hide information about liquidity providers EC Markets Investments on such dubious conditions are meaningless. Scammers independently manage quotes and will do everything to make the trader lose their savings.

EC Markets Expose

The project in question is a long-lived Forex scam, which in itself is a serious warning for potential clients. The site indicates that under the brand EC Markets Previously, there was another fraudulent project that used the registration of the company Safecap Investments Ltd in Cyprus, without having any real connection with it.

Most customer reviews warn that the broker does not live up to expectations. There are reports of manipulation of quotes, problems with withdrawals and complete loss of deposits. One of the clients from Japan spoke about the loss of a significant amount of money due to manipulation by the broker, as well as the impossibility of withdrawing the remaining funds.

Real risks:

• manipulations with quotes: EC Markets accused of distorting asset prices to ensure client losses and inability to withdraw funds;
• blocking of accounts and deposits: there are cases when, after attempts to withdraw funds, client accounts were blocked without the possibility of restoring access;
• problems with cashout: many clients are faced with the inability to withdraw their funds, while broker support stops responding to requests;
• high risks of losing investments: reviews mention that trading often ends in a complete loss of invested funds.

Everything points to fraud on the part of EC Markets personal account It is better not to register on this site, since the office will not allow you to make money from trading.