Abstract:Established in 1995, East is a forex broker registered in China, offering various trading options, including Forex, commodities, indices, and CFDs via the leading MT5 platform. However, East operates without regulatory oversight from any reputable financial body.
Note: East's official website: https://www.east-century.com/ is currently inaccessible normally.
EastReview Summary | |
Founded | 1995 |
Registered Country/Region | China |
Regulation | Unregulated |
Market Instruments | Forex, commodities, indices, CFDs |
Demo Account | ✅ |
Leverage | 1:100 |
EUR/USD Spread | Fixed, 1 pip |
Trading Platform | MT5 |
Min Deposit | $100 |
Customer Support | Email: info@east-century.com |
Established in 1995, East is a forex broker registered in China, offering various trading options, including Forex, commodities, indices, and CFDs via the leading MT5 platform. However, East operates without regulatory oversight from any reputable financial body.
Pros | Cons |
Diverse trading choices | Unregulated status |
Demo accounts supported | Inaccessible website |
MT5 platform | Limited payment options |
Only email support |
No, East is not regulated currently. Please be aware of the risk!
Tradable Instruments | Supported |
Forex | ✔ |
CFD | ✔ |
Commodities | ✔ |
Indices | ✔ |
Stocks | ❌ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
East offers a demo account for traders to practice with. However, the details for specific live account types are not mentioned.
East Century provides leverage up to 1:100 – while not by much, this is still more than what regulatory bodies have deemed appropriate for retail traders.
As for the spread, we learn that the EUR/USD spread on the demo account is 1 pip fixed, a favourable Buy/Sell difference for traders.
East Century provides access to the Metatrader5 (MT5) – a platform that is generally considered one of the best available. In this case, however, we dont recommend it – simply because East Century cannot be trusted. We would better suggest sticking with legit Metatrader5 brokers instead.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ❌ | / | Beginners |
MT5 | ✔ | / | Experienced traders |
East accepts deposits via credit cards – this is quite beneficial. East has set its minimum deposit at $100.
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