The project “Ecotex ML” positions itself as a company providing services to its users to begin their journey towards financial freedom through its trading platform, equipped with modern tools for effective investing.
On the homepage of the official website, available in several languages including Russian, it is stated that the organization has managed to attract 113,335 regular clients, with a daily turnover from all trading transactions of 4,686,926,647 USD, and a total balance of all company clients of 787,054,079 USD. The trading intermediary owns the following domains:
According to information published by the creators on the web resource, the company Ecotex ML was registered in the territory of the Republic of Cyprus in 2017, office address: Alkaiou 16, Larnaca 6045, Cyprus.
The trading agent claims to have licensing documents issued by the DFSA (United Arab Emirates), CySEC (Republic of Cyprus), ASIC (Australia), and FCA (United Kingdom). Relevant links can be found in the “Licenses” section of the site.
In other sections of the web resource, you can study the documentation regulating the internal activities of the organization, economic news of the world is also available, and answers to frequently asked questions. In the “Contacts” section, the main ways to contact technical support are published – email address and phone number.
Clients of the Ecotex ML trading platform have access to trade a wide range of investment assets, including currency pairs, company shares, indices, cryptocurrencies, commodities, and metals. The organization offers its users the following types of trading accounts:
The brokerage organization does not inform about commissions for its services. A demo account and automatic trading are available on the trading platform.
Before starting cooperation with the trading intermediary Ecotex ML, it is necessary to register, after which you can begin trading using the terminal provided by the organization. The main advantages of its trading platform, according to the broker, are fast order execution, an ergonomic interface, and the ability to trade directly from charts. However, potential clients may be suspicious that the trading agent does not disclose the name of its trading platform.
For account replenishment and fund withdrawal, the trading intermediary Ecotex ML offers its clients to use debit and credit cards, as well as electronic wallets, for withdrawal you need to create a request in the Ecotex ML personal account. However, the broker does not report about commission fees, transaction processing times, or withdrawal limits.
Due to the limited information provided about trading conditions and fund withdrawal, the brokerage company Ecotex ML finds it difficult to compete for top positions in broker rankings, even with licenses from regulatory bodies. Before working with such a trading agent, it is worth getting acquainted with information from independent sources and studying real reviews about Ecotex ML from users of the trading terminal.
To my own surprise, my work with Ecotex ML was quite successful and productive; the most typical set of trading tools in the terminal is also nothing revolutionary, and the support service resolves arising technical issues and answers any questions that come up.
The buggy and frequently crashing trading platform of this company could probably annoy even the calmest person, and sometimes it completely crashes the browser. Technical support is a bunch of incompetent people who can't even answer questions clearly!! So I do not recommend this brokerage firm.
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