ECR Capitals review - Trading Instruments, Trading platforms, Broker features, and Traders ratings.

3.538 • 7 REVIEWS
Encore FX Limited
Updated: Jan 17, 2024
EncoreCapitals.com

What is ECR Capitals?

ECR Capitals, the operator of EncoreCapitals.com, is a forex broker with the platform of MetaTrader 5 (MT5) in PC and Mobile version.

Encore Capitals offers over 50 forex currency pairs, cfds, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.

Please read ECR Capitals Reviews below and share your live trading experiences with this broker.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 1000:1
Minimum to Open Live: $10
Established: 2019
Address: 130 Old Street, London, England, , EC1V 9BD , United Kingdom
Contact: support@encorecapitals.com, +44 1273 80 7865
Regional offices:
Regulators:
Prohibited countries:
Trading platforms: MT5
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (50+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (15+) Gold, Silver, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
News Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

Copy Trading: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Neteller, Payeer, PerfectMoney, Skrill
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Neteller, Payeer, PerfectMoney, Skrill
* Please check broker website for more information
3.538 • 7 REVIEWS

Recent User Reviews of ECR Capitals

H
houdezaiwu1992
hebei, China,
Jul 7, 2022,
Registered user

False dealer

Service use: Live Length of use: 0-3 Months
This is a fake trader, I can't get my money back right now, send them emails, and don't respond to me, I lost my money in a terrible experience!

False dealer
S
Sandeep Rai
Rewari, India,
Apr 25, 2022,
Guest

Best place for learning forex

Service use: Live Length of use: over 1 Year
I Started Trading with Encore Capitals from April 2021,
I didn't know about trading at that time then my friend refered me to Encore Capitals for their free weekly webinar class for beginners and advanced level and learned a lot from their sessions and now i am able to follow the market & started my trading with them with the help their business manager support and doing quite fine till today.

Thanks to the team for providing such valuable classes and make able to trade.

Some of the reasons to stay for such a long time are:
- genuine spreads
- fast deposit and withdrawals
- very good customer support

Highly recommended broker for those who needs genuine spreads!
H
haimiao
Zhejiang, China,
Apr 24, 2022,
Registered user

Swindle, cheat

Service use: Live Length of use: 0-3 Months
I couldn't withdraw my funds, I couldn't contact customer service, I couldn't get any support, they ate my deposits, and my profits, and in March of this year, I deposited $1,000, and I traded for a month and I made $900, so that's $1,900 in total. In my personal portal side from MT5 to purse, I have no permission to transfer funds, contact customer service, they always close my chat, I can't get any reply, a few days ago they changed my trading password secretly, don't let me to extract any cash, this is a scam, very hateful, I don't recommend you deal in his here

Apr 21, 2022 - 1 Star You can never to contact their customer service personnel, very not friendly, I tried to contact their whatsapp also did not respond, write email to them is no answer, very bad, in my personal portal side, I from the trading account transfer funds to my purse, prompt I don't have the right to transfer, from the trading account is transferred to another account, can't transfer. Very bad. That's the only bad. Bad customer service,I wouldn't give a star if I could

Apr 6, 2022 - 1 Star Their online customer service is basically not online. Whenever you contact them to communicate with them about a problem, you have to wait for a long time to reply to you, and then when you put forward a new problem, you have to wait for an endless long time. There is no reply in the email, which is a very bad experience for me. I will not recommend others to trade here.

Reply by Encore Capitals submitted Apr 15, 2022 Dear Haimiao,

Thank you for your valuable feedback!

As we have checked in our system we have received your query via our live chat regarding your account margin on Gold
spreads on Gold on our different account types.
Minimum deposits on our different account & your deposit methods via USDT TRX.

Our live support department have addressed all your queries and gave you solution from best of their knowledge as we have checked ticket raised by you on our live chat as well via mail.

Sometimes their is a delay over live chat as live chat agents were handling the queries of different people at the same time but still we will address all our clients query and try to close it within 48 business hours.

If still your any query remain unsolved and unaddressed please reach us at support@encorecapitals.com

We will be happy to addressed your further query.

Regards
Encore Capitals Support
T
tom5325
goa, India,
Mar 21, 2022,
Registered user

highly recommended

Service use: Live Length of use: 0-3 Months
great and thanks for the solution. i will trade with encore capitals only and recommend thos broker to my friends as well!

Mar 15, 2022 - 3 Stars Hello My name is tom Fernandis and am from Goa. I have been trading with Encore Capitals from last 3 months. They are charging swaps from customers which is only thing i have been issue with however if they can offer swap free account to indian customers than i can change my review in future. Apart from this i don't have any issue with this broker!

Reply by Encore Capitals submitted Mar 16, 2022 Dear Tom Fernandis,

Thank you for your valuable feedback !

The Forex swap, or Forex rollover, is a type of interest charged on positions held overnight on the Forex market. Depending on the swap rate and the position taken on the trade, the swap value can be either negative or positive.

We offer swap free accounts on Islamic right now, In Islamic finance, lenders are not allowed to charge interest.

However we are happy to inform you that on discussion with our prime liquidity providers we have started giving swap free account on our scalper account in which their will no swap charges for a week i.e. if a client hold their position for a week we will not charge any swap for that trade on our scalper account.

We hope we have listen to your query at our best knowledge and provided with you the best solution.

Regards
Encore Capitals
T
Tanisharma
India, India,
Mar 9, 2022,
Registered user

Trusted broker

Service use: Live Length of use: over 1 Year
Feels great to trade with encore capitals. Fastest withdrawal services and spreads are also very competitive.
V
Vishal Thakur
Lahaul Spiti, India,
Feb 17, 2022,
Registered user

Encore Capitals is an absolutely honest broker

Service use: Live Length of use: over 1 Year
Hello Everyone, First of all I would like to write that Encore Capitals is an absolutely honest broker who always keeps his commitment. I have never had any complaints about the money means deposits and withdrawals. I lost a lot of money in the beginning but that's not to say that the broker draws the chart himself. It's not easy to earn from forex but once you know how to trade this is the best investment option.
My manager from encore capitals helped me a lot to learn from forex and now the last profit i have withdrawn from encore capitals is USD 10000.
Thank You for everything Encore Capitals. You are really a blessing for me. Highly recommended broker!
N
neharajput
Himachal, India,
Feb 14, 2022,
Registered user

Great broker with genuine spreads

Service use: Live Length of use: over 1 Year
Hello everyone here I have been sharing my experience with encore capitals.

I have been trading in forex market from last 3 years and I hv changed broker after every 5 months due to ineffeciency of brokers.

At last I got recommendation of encore capitals from one of my friend. I registered with encore 1 year ago and till now I have been trading with this broker.

Some of the reasons to stay for such a long time are:
- genuine spreads
- fast deposit and withdrawals
- very good customer support

Highly recommended broker for those who needs genuine spreads!
N
Reply by Encore Capitals submitted Mar 14, 2022:
Thank you for sharing your valuable review