ECNSwiss Comments

In this section we will analyze the broker ECNSwiss (also called ecnswiss.com), is a Cryptocurrency and CFD broker. Is ECNSwiss really recommended for making an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.

You might be wondering why we are reviewing ECNSwiss. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for invest with an investment company.

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We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.

Essential information: Who does it belong to? Where is located? Is it a regulated broker?

The broker mentions being part of: does not mention it.

 

As to its location, The broker mentions having a base in: Germany, although it lacks the regulation of the German regulator, which it should have, which makes us think that it really has no base in Germany. 

 

If we analyze the regulation of the broker: it mentions being a company regulated by the FCA, which does not make much sense if it mentions being based supposedly in Germany, which makes us think that it is an unregulated broker. In addition to this, ECNSwiss does not provide the number of the alleged regulation, in order to verify it.

If now we go on to analyze account types offered by ECNSwiss, we note that they offer 3 different types of account / plans: the Bronze Account, the Gold Account and the Platinum Account. We leave an image with a little information about each type of account.

Bronze Account- $ 500 minimum initial deposit, variable spread, up to 1: 500 leverage, phone trading.

Gold Account- $ 10.000 minimum initial deposit, fixed spread, up to 1: 400 leverage, phone trading.

Platinum Account- $ 20.000 minimum initial deposit, variable spread, up to 1: 300 leverage, phone trading, personalized service.

ECNSwiss account types
ECNSwiss account types

In the following image you can have more information about the types of account. Click here to see the image in full size.

Las platforms to operate that ECNSwiss offers are: the MT5 platform.

We will now analyze the different resources and aids for traders that ECNSwiss provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.

ECNSwiss website
ECNSwiss website

ECNSwiss provides the following help or resources to traders or interested parties: explanation of some basic concepts of the world of trading, explanation of the financial products that ECNSwiss offers, really not much more than this.

 

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| Other information about ECNSwiss |

 

Some more information in case you want to contact the company, or see its website for yourself.

Website: www.ecnswiss.com

Phone number: unmentioned

Email address: [email protected]

 

>>> Assessment on ECNSwiss <<

 

Ending with this section, in our opinion Do we believe that ECNSwiss company is trustworthy? Should you invest your money with the company?

 

The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is not clear where it is based, it does not mention to which company it belongs, when looking for other reviews about ECNSwiss we mostly find negative reviews, the CNMV (regulator of Spain) has marked ECNSwiss as a financial chiringuito. We suggest using caution.

 

We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?

 

You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.

 

What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.

 

We leave a vote open so that traders, clients and users of the broker can vote.

 

What do you think of ECNSwiss? What has been your experience?

 

 

 

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