The Ecotex ML project positions itself as a modern trading intermediary that offers clients favorable conditions for transactions in the main financial markets, as well as a safe infrastructure for trading. The screenshot below shows the main page of the official website.
It is worth noting that "Ecotex ML" operates through several domains, namely:
- ecotex-m.info;
- ecotexlm.com;
- ecotex-ml.org.
The first two addresses lead to the official site with general information about the project, and the last link allows you to proceed to authorization and registration on the trading platform.
The company Ecotex ML claims to be registered at Lindwurmstrasse 221, 80337, München, Germany, without providing any registration documents. The broker's activities are controlled by CySEC and DFSA (regulators of Cyprus and UAE), with no information about cooperation with German regulatory authorities.
Ecotex ML Broker: Trading Conditions
This dealing center claims to be open to cooperation with both wealthy professional clients and traders who are just starting their journey in the financial markets. Therefore, various types of trading accounts have been developed, which are worth discussing separately.
- The first option is called Basic, it implies a deposit from $1000 and leverage up to 1:20, trading in basic assets is provided – currencies, stocks, metals, and commodities.
- The second option – Standard, with a deposit from $25000, leverage of 1:50, extended assets (adds cryptocurrencies), an option to create a PAMM account, and swap-free trading.
- Option №3 – Exclusive, requires a deposit from $50000, maximum leverage of 1:100, full access to all assets, capital insurance, individual support, and round-the-clock assistance.
It is worth noting that the broker hides trading commissions, margin, stop-out, minimum lot, and a number of other trading conditions.
Ecotex ML Trading Platform
The terminal developed by Ecotex ML is a web platform that works universally on different devices online, without the need for additional software installation.
The broker attributes the claimed advantages of its terminal to a variety of analytical tools, high standards of reliability and security, support for six types of orders, high performance and stability, as well as ease of interface with the possibility of personal customization.
As for the available assets, trading in currencies, stocks, metals, indices, ETFs, commodities, and cryptocurrencies is provided, depending on the type of account.
How to Withdraw Money from the Broker "Ecotex ML"
All financial transactions, including deposits and withdrawals, are carried out through the personal account of Ecotex ML. Bank cards, electronic payment systems, and cryptocurrency wallets can be used for deposits and withdrawals. According to the broker, withdrawal requests are processed within 48 hours, but there is no preliminary information about fees and limits.
Conclusion about ecotex-m.info
This financial intermediary has several advantages, including a wide selection of trading assets and a modern web platform, but still does not hold leading positions in the broker rankings. Despite licenses from the regulators of Cyprus and UAE, experts note the lack of legal information from German authorities, as well as the concealment of a number of cooperation conditions from potential clients. Considering these serious shortcomings, it is worth studying reviews about Ecotex ML before opening an account.
Moana1997
4 days ago
A typical cloned fake. I've seen many like this. In the past, there were at least minimal differences between the sites. Now they've become lazy and just have 100% matches, even the logos are the same. It's rock bottom.