ecos.am has been flagged by AMF (France) for "Unauthorised". Category: Crypto-actifs This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: ecos.am.
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. ecos.am recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Economic calendar|Tax reports included|Demo account available|Quick verification
Cons: No dark mode on mobile|Live chat only during business hours
I trusted ecos.am 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: Responsive team|Intuitive for beginners|Smooth onboarding
Cons: Currency conversion fee exists|Onboarding videos are outdated
What really bothers me about ecos.am is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them based on a colleague's recommendation and I fell for the polished exterior. Never again.
Pros: Clear documentation|Multiple order types
Cons: No fractional shares|Withdrawal takes 1-2 business days
Do not use ecos.am for anything serious. I used them for the past six 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: Good mobile app|No hidden fees|Copy trading available|Multi-device support
Cons: Alert system is basic
ecos.am has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Copy trading available|Regular platform improvements|Dedicated account manager
Cons: Wait times can be long during peak hours