Brokers  /  ECN TRADE

ECN TRADE

Moderate risk
🇦🇺 Australia · 5-10 years · since 2017-09-07 · ECN TRADE PTY LTD
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Independent ratingshow third parties score this broker
WikiFX2.46/10
Trustpilot/5
Forex Peace Army/5
49
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • 16 user exposure/complaint reports filed
  • Withdrawal complaints in ~117% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing6835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameECN TRADE PTY LTD
Headquarters🇦🇺 Australia
Founded2017-09-07
Years operating5-10 years
Employees0
Official websiteecntrade.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
Level 11, 20 Martin Place Sydney, NSW 2000

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
ASICMarket Making (MM)388737Australia

Review analysis AI

Across 23 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (27 reports) — the classic warning sign in forex.

0
Period:
What users complain about
Where reviewers are from
Hong Kong17
Canada2
Ireland1
Australia1
United Arab Emirates1
United States1
Positive vs negative · last 2 months Pos Neg
May
Jul

Real user reviews

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About ECN TRADE

ECN TRADE is a forex and CFD broker based in Australia, with records dating to 2017-09-07. It reports oversight from ASIC.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full ECN TRADE review