East Tech Trading has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 852 5307 6502
Addresses: 88 Century Avenue Pudong District Shanghai 200121 People's Republic of China This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.east-techtrading.com.
I trusted East Tech Trading with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Fast deposits|Intuitive for beginners|Stable platform|Multi-currency support
Cons: Cannot customize dashboard fully|Some tools only available on higher tiers
Do not use East Tech Trading for anything serious. I used them for about five months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Full transparency|Real-time alerts|Easy withdrawals
Cons: Minimum deposit could be lower
The spread at East Tech Trading is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a friend recommended them and initially thought the platform was good - until I started trading seriously.
Pros: Reliable uptime|No hidden fees|Responsive team
Cons: Would like more payment methods|Withdrawal takes 1-2 business days
I closed a profitable position at East Tech Trading and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Quick verification|Competitive fees|Intuitive for beginners|Easy withdrawals
Cons: Could offer more webinars
My card was charged twice by East Tech Trading on the same day. I had to dispute it with my bank. East Tech Trading then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: API access|Educational resources|Customizable dashboard
Cons: Research section could be deeper
After since the beginning of the year with East Tech Trading I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Helpful community forum|Instant funding|Portfolio tracking tools|Full transparency
Cons: Account statements could be more detailed|No fractional shares
After for roughly four months with East Tech Trading, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Fast execution|Regular platform improvements
Cons: Could offer more webinars|Onboarding videos are outdated
After spending for about ten months trying to make East Tech Trading work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Intuitive for beginners|Real-time alerts|Wide product range|Market news feed
Cons: Mobile app could be improved|Desktop app not available on Linux
East Tech Trading offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Copy trading available|Fast execution|Segregated accounts|Instant funding
Cons: Research section could be deeper|Nothing significant
I experienced a security concern with my East Tech Trading account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Multiple order types|Fast deposits
Cons: No crypto staking|No live chat on mobile