Updated October 13, 2026 · BrokerCue Editorial Team
EC Markets vs Mitrade
Facts checked September 26, 2026.
EC Markets vs Mitrade: the differences
| Compare |  EC Markets |  Mitrade |
|---|---|---|
| Markets | Stocks, ETFs, Forex, CFDs, Crypto, MetalsCovers more | Stocks, ETFs, Forex, CFDs, Crypto |
| Regulators | SIPC | ASIC, CIMA, CySEC, FSC |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Platforms | MetaTrader 4, MetaTrader 5, EC Markets App | Mitrade trading platform |
| Minimum deposit | $10 | Not confirmed |
| Maximum retail leverage | 1:1000 | Not confirmed |
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Key differences
- Regulators: only EC Markets offers SIPC.
- Regulators: only Mitrade offers ASIC, CIMA, CySEC.
- Mitrade is licensed in 3 more countries.
- Markets: only EC Markets offers Metals.
- Platforms: only EC Markets offers MetaTrader 4, MetaTrader 5, EC Markets App.
- Platforms: only Mitrade offers Mitrade trading platform.
- Features: only Mitrade offers Crypto, Demo account.
Our verdict on each
EC Markets
EC Markets suits active traders who want retail leverage of 1:1000 across forex, CFDs, stocks and crypto in one account. The US entity behind the brand, RB INTERNATIONAL MARKETS (USA) LLC, sits under SIPC up to USD 500,000, so the safety side is easier to check than with an offshore-only broker.
Mitrade
Mitrade centres on CFDs covering forex, gold, oil and major indices through its own trading platform. It is an EU regulated broker within Mitrade Group and suits retail investors in Europe who want mobile and desktop CFD trading with segregated funds and negative balance protection.
Score breakdown
| Area | EC Markets | Mitrade |
|---|---|---|
| Cost | 9.0The $10 minimum deposit sits below the €4.64 site median, so the cost of opening an account is low. | Not confirmed |
| Offer | 9.5Higher | 8.8 |
| Trust | 8.6 | 9.9Higher |
Availability and regulation
| Country | EC Markets | Mitrade |
|---|---|---|
| Australia | Not confirmed | |
| Cayman Islands | Not confirmed | |
| Cyprus | Not confirmed | |
| Mauritius | Not confirmed | |
| United States | SIPC SIPC member 71021 | Not confirmed |
Where they rank in our lists
| Ranking | EC Markets | Mitrade |
|---|---|---|
| Stock and ETF brokers | 138 of 471 | 378 of 471 |
| Forex brokers | 58 of 147 | 127 of 147 |
| Low-spread forex brokers | 56 of 145 | 125 of 145 |
| CFD brokers | 47 of 122 | 106 of 122 |
What we checked
EC Markets
- ecmarkets.com: 5 facts, checked September 26, 2026
- sipc.org: 3 facts, checked September 26, 2026
Mitrade
- mtdaffiliates.com: 4 facts, checked September 26, 2026
- mitrade.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | EC Markets | Mitrade |
|---|---|---|
| Features | Mobile app | Crypto, Demo account, Mobile appCovers more |
| Legal entity | RB INTERNATIONAL MARKETS (USA) LLC | Not confirmed |
Where each stands against the rest
| Fact | EC Markets | Mitrade | Median |
|---|---|---|---|
| Minimum deposit | $10below the median | Not confirmed | $25 |
Median across 134 listed brokers.
Pros and cons
EC Markets
Pros
- One account spans stocks, etfs and forex, so you are not locked into a single asset class.
- You can trade on MetaTrader 4, MetaTrader 5 and EC Markets App, with the mobile app listed under mobile app.
Cons
- Retail leverage of 1:1000 magnifies losses, and on the site's forex list 72.13% of retail accounts lose money.
- The $10 entry point sits above CFI's $0 and Vantage's $5, so the cheapest way in is elsewhere.
Mitrade
Pros
- Licensed and regulated by CySEC as an EU regulated broker
- Client funds held in segregated accounts with reputable banks
- Negative balance protection limits losses to account balance
Cons
- CFD focused range which does not suit long term physical investors
Who each suits
EC Markets
Who it suits
- Active traders who want 1:1000 retail leverage on forex and CFDs
- US-based investors who want protection stated at SIPC up to USD 500,000
- Newcomers who can start at $10 and learn on MetaTrader 4, MetaTrader 5 and EC Markets App
Who should look elsewhere
- CFI, if you want to open an account with no minimum at $0
- Vantage, if the entry deposit matters more than the market list, since it starts at $5
- eToro, if you trade futures, which its market list stocks, etfs and forex covers
Mitrade
Who it suits
- Retail investors wanting mobile CFD trading
- Europeans seeking an EU regulated CFD provider
Who should look elsewhere
- Long term investors wanting direct share ownership
Questions about each
EC Markets
What is the minimum deposit at EC Markets?+
The minimum deposit is $10 to fund an account. That sits above the €4.64 site median, so it is a low entry point rather than the lowest one available. Anyone starting small should confirm which account the deposit applies to before adding funds.
Is money held at EC Markets protected?+
Protection is stated as SIPC up to USD 500,000, under the SIPC scheme named in the brand's licences. That figure is the scheme's stated ceiling rather than a promise of returns, and the scheme's own terms set the conditions, so read them before depositing.
Mitrade
What does Mitrade offer to retail investors?+
Mitrade offers CFD trading on global financial markets through its own trading platform. Investors can trade from desktop and through apps for iOS and Android. A demo account allows practice before trading live markets.
Which markets does Mitrade cover?+
Mitrade covers CFDs across forex, gold, oil and indices such as DAX. The range also spans stocks, ETFs and crypto as CFDs. The platform displays buy and sell prices with daily changes and charts to support strategy.
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