Score
5-10 years Suspicious Regulatory License
MT4/5 full license
Regional Brokers
High potential risk
Influence
E
Score
License Index0.00
Business Index7.04
Risk Management Index0.00
Software Index6.91
Regulatory Index0.00
Influence
E
Single Core
1G
40G
English
+61 1300 733 452
More
Company Name
ECN TRADE PTY LTD
Company Abbreviation
ECN TRADE
Platform registered country and region
Australia
Company website
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
Unable to withdraw and I am blocked by the platform. The account cannot be logged in.
Reported to the police station. The fraud website cannot be opened at all, it is a scam from beginning to end.
Deposit hundres of thousands. I cannot withdraw a penny. Nobody answer everytime when I contact the customer service or the website is unable to open. Is there any department that can solve it?
These guys trade against you and will never let you profit from CFD products - I'm pretty sure they do market manipulation, as the info they have on the app differs from info from Yahoo Finance and they will close your account once you try to make a withdrawal
Induce fraud. Withdrawal demand to pay personal tax with deposit and keep asking you to deposit.
I contact the customer service, but they said that they only serve customer in Australia. All the customers in China are fake.
There is no phone number to contact the platform and the location of the company is unknown. Withdrawal requires deposit to platform for tax. I want to complain about it to relavant department.
After paying tax, my remaining still cannot be settled. The customer service informed me that my account is frozen due to a 35000 USDT deposit by third party. It violated the the anti-money laundering regulation. If I want to withdraw, I have to deposit 5500 USDT to my account
Unable to withdraw. Keep inducing to deposit and I was blocked later, and cannot log in platform.
Forcily removed from the platform and do not withdraw. This is a scam. Does anyone know where the complaint agency of this platform is?
Just Wow.... Ecn trade is a definite fraud!!! I can surely echo the bad reviews below! They managed to steal just shy of £30K within the space of a month . This company is not credible in any way
Opened an account with an ECN trade Account Manager who pressurized me to keep adding more to my account. Made profits on a number of trades but was told i couldn't take out investment until i make new deposits but I followed the money and had cases lodged with various fraud regulatory bodies inclusive of fintrack/ org for this reason the investment was released. Very poor advice from an incompetent trading platform
Scam. I cannot log in my account now and withdrawal has not processed. Which department should I contact.
Unable to withdraw. Ask deposit to personal account, and it will arrive the platform. After deposit several time, I cannot withdraw and getting blocked.
I started the account by sending $12,000 but when i ask to send the profit back to me then they ghosted me and never return the call and emails. Support changed my account manager four times but none of them gave me access to withdraw .
I was aware that even if I paid the tax fine and money laundering penalty they demanded, it wouldn't guarantee that I would receive my money back. Because of this, I reported the charge to assetsclaimback/com, and my money was swiftly transferred back to my cryptocurrency wallet. ECN Trade should be avoided at all costs. I had a lot of money with ECN Trade, and if I hadn't done my investigation and found this company after reading other exposures promoting the recovery firm, I would have lost everything.
