Broker Ecotex ML: honest review, feedback, and fraud exposure

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The Ecotex ML project is a financial platform providing its services to users around the world. The broker operates several domain addresses:

  • ecotex-m.info - presentation website;
  • ecotex-ml.org - terminal;
  • ecotexlm.com - another domain with presentation materials.

The intermediary is supposedly registered in the Republic of Cyprus at Alkaiou 16, Larnaca 6045, Cyprus. Currently, it serves over 113,000 traders worldwide and boasts numerous awards for quality brokerage services. The broker claims to have been providing financial services since 2017. The company states that its activities are regulated by four major supervisory authorities:

  • “Cyprus Securities and Exchange Commission” (CySEC) - license 673686;
  • “Australian Securities and Investments Commission” (ASIC) - certificate number 523 249 148;
  • “Dubai Financial Services Authority” (DFSA) - A684374;
  • “Financial Conduct Authority” (FCA) - №79318020.

The broker promises 24/7 support to its clients, available via email, phone, and a feedback form on the official websites.

Broker Ecotex ML: Trading Conditions

To start trading on the ecotexlm.com platform, users need to provide their last and first names, phone number, email, come up with a password, and enter a promo code. Then, they are offered to choose the appropriate account type depending on financial capabilities for investment and desired conditions. The site offers the following types of accounts:

  • “Basic” account - minimum deposit amount 150 USD, basic trading tools, instant orders, leverage up to 1:100;
  • “Pro” account - deposit from 1,000 USD, leverage up to 1:500, access to cryptocurrency trading, account fund insurance;
  • “VIP” account - minimum deposit from 10,000 USD, leverage up to 1:500, 24/7 customer service, full protection and insurance of funds.

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A demo version with a balance of 50,000 virtual dollars is also available for beginners, where they can try out trading strategies. However, the platform does not specify conditions for spreads and commissions, which may create additional difficulties for participants.

Ecotex ML Trading Platform

The project provides traders access to the most demanded financial instruments:

  • currency pairs;
  • digital coins;
  • precious metals;
  • commodities;
  • indices;
  • stocks.

The web version of the trading platform is available at ecotex-ml.org and is compatible with any devices. Among the key advantages of the software, according to company representatives, are:

  • integration with API keys;
  • ability to personalize charts in an interactive format;
  • extensive selection of trading assets;
  • high system performance and fast order processing.

Additionally, this software allows setting up notifications about important events, optimizing platform configuration, activating additional account protection mechanisms, and requesting a callback from technical support.

How to Withdraw Money from Broker “Ecotex ML”

Several methods are provided for depositing and withdrawing funds on the ecotexlm.com website, suitable for most users:

  • cryptocurrency and bank transfers;
  • plastic cards;
  • electronic payment services.

There is no information on how long it takes to process applications, credit funds, or about any fees for transactions. Restrictions on transaction amounts are also not specified. Information about the company's financial policy is not provided. However, it is known that funds are withdrawn within 24 hours.

Conclusion about ecotex-m.info

Amidst numerous promises and attractive trading conditions, the broker Ecotex ML raises serious doubts about its reliability. Firstly, the company does not confirm its registration and licensing with documents. Although it claims to be regulated by several authoritative bodies, such data is not present on official platforms, and the license itself is not available in the public domain. The broker does not occupy leading positions in broker ratings, which is also alarming, as it indicates a lack of sufficient trust from market professionals. Instead, the company is registered in an offshore zone, which is always a red flag for any investor. Difficulties with withdrawing funds and lack of a clear financial policy are also concerning and confirm high risks for traders. Before deciding to deposit money, we recommend studying fresh reviews about Ecotex ML to avoid unpleasant consequences.

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Company Reviews Ecotex ML (3)

  • 2 weeks ago

    развод Экотекс МЛ это минус 2к, нервный срыв и куча эмоций… вывода нет.

     

  • 1 month ago

    Ну что за херня вообще творится????? Сначала они требуют, чтобы я заплатил налог, потом страховку. Все оплатил, как они сказали, а вывод все равно не подтверждают! И теперь они требуют какой-то налоговый код, о котором я нифига не слышал и понятия не имею, где его взять! В техподержке только болтают, что без кода вывод заблокирован, и все. Полная ерунда! Это вообще как то работает или нет? Чё за безобразие????!

     

  • 2 months ago

    Торговал с этими убогими мошениками на Ecotex ML и в какойто момент все пошло по наклоной. Вложил нормальную сумму и они начали гнобить меня на дополнительные деньги. Сначала говорят что нужно пополнить а когда деньги ушли они начинают втирать что для вывода средств требуется привлечь бенефициара 3лицо которое возьмет кредит чтобы перекинуть деньги через меня. Это просто пиздец… Они просто хотят чтобы ты влез в финансовые баги и забрали как можно больше твоих денег... 

     

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