FIRSTECN

FIRSTECN is not regulated and has a low core score of 1.57, indicating potential risks. Its safety and reliability cannot be assured.

No, FIRSTECN is not regulated.

The minimum deposit for all account types is 0.01 (currency unit not specified).

It is not publicly specified whether FIRSTECN supports MT4 or MT5.

Pros: Low minimum deposit, supports scalping, EA, and lock position, with maximum leverage of 1:200. Cons: Not regulated, low core score, short operating history (2-5 years), and registered in a suspicious operational region.

No user complaints are recorded in the broker's records.

It is not publicly specified whether FIRSTECN accepts clients from the US region.

Beginners should exercise caution due to the lack of regulation and low core score.

FIRSTECN offers PLATINUM, GOLD, and SILVER accounts. The available information does not indicate any differences between them.

The maximum leverage is 1:200. Due to the lack of regulation, the risk is considered high.

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

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