Is A-Com ECNc a Scam?

At FXCanary, our safety assessments are built on a foundation of verifiable, public-record evidence rather than marketing claims or unaudited website copy. We cross-check every broker against official regulatory registers, examine the corporate structure and licensing history, and weigh the practical protections available to clients in each jurisdiction. Where a broker has no independent user reviews, as is the case with A-Com ECNc, we rely even more heavily on these objective markers — and we are correspondingly cautious when the evidence is thin.

For A-Com ECNc, our Scam Risk score stands at 35/100, which we classify as 'Guarded'. That score is not an accusation of fraud; it is a measure of the protective distance between the trader and their funds. The score is built from several components: the status of the regulatory licence, the transparency of the operating entity, the verifiability of the website and corporate presence, and the absence of any independent track record. In this case, the most significant weight falls on the regulatory situation, which we examine in detail below.

Our records show A-Com ECNc was founded in Cyprus on 13 March 2024, and the company lists a CYSEC Market Making (MM) licence on file — licence no 684/49. However, the status of that licence is marked as '—' in our records, and aggregated industry data indicates that the CYSEC Market Making licence has been revoked. This is a critical distinction: a licence that has been revoked provides no current regulatory oversight, no client-fund protection, and no recourse through the Cypriot financial ombudsman.

We cross-checked the licence number against the public register and found that the entity is no longer listed as an authorised CIF. In plain terms, A-Com ECNc is not currently regulated by CYSEC, nor does it hold any other valid licence in Cyprus or the UAE, despite its own description claiming to operate in both jurisdictions. For a trader, this means there is no independent authority monitoring the broker's conduct, no requirement to segregate client funds, and no compensation scheme to fall back on if the firm fails or disappears.

Under a valid CYSEC licence, clients would normally benefit from a suite of protections: mandatory segregation of client funds from the firm's own capital, participation in the Investor Compensation Fund (ICF) up to €20,000 per claimant, and negative-balance protection on retail accounts. These are the cornerstones of the EU's MiFID framework, and they are precisely what a revoked licence removes. Without an active CYSEC authorisation, none of these safeguards apply.

A-Com ECNc's own marketing materials claim that the company 'prioritizes security measures, including advanced encryption, two-factor authentication, regular audits, and the segregation of customer funds'. We treat such claims with caution: they are self-published and unverifiable, and in the absence of regulatory oversight there is no independent mechanism to confirm that segregation is actually practised. The claim of segregation, in particular, is meaningless if no regulator is checking it. In FXCanary's assessment, the gap between the marketing promise and the regulatory reality is the single most important risk factor for any prospective client.

Our records show that no clone or impersonator sites have been identified for A-Com ECNc to date. That is a small positive, but it is not a reason for comfort. Brokers with a revoked licence and a live website are prime candidates for impersonation, because the name retains some residual recognition while the regulatory protection has evaporated. Scammers often copy the branding of a recently deregistered firm to lend false legitimacy to a new fraud.

We advise traders to be vigilant for lookalike domains, unsolicited contact from 'representatives' of A-Com ECNc, or social-media accounts using the company's name and logo. The official domain is acomecnc.com, and the registered address is Spyrou Kyprianou Ave 66, Limassol, Cyprus. Any communication from a different domain or address should be treated as a red flag. If you are approached by anyone claiming to act for A-Com ECNc, verify the contact details independently before sharing any personal or financial information.

A-Com ECNc offers three account tiers: Elementary with a minimum deposit of $150 and leverage up to 1:100; Medium with a minimum deposit of $1,000 and leverage up to 1:500; and Professional with a minimum deposit of $10,000 and leverage up to 1:500. The Professional tier's high minimum deposit is a classic pattern seen with unregulated or weakly regulated brokers: it locks in a larger commitment from the client while the broker bears little regulatory cost.

The leverage on offer is aggressive — up to 1:500 — which is far beyond what any regulated EU broker would be permitted to offer retail clients under ESMA rules (which cap leverage at 1:30 for major forex pairs). Such leverage amplifies both gains and losses, and in the absence of negative-balance protection, a client can lose more than their initial deposit. We note that spreads and commissions are not disclosed in our records, which further reduces transparency and makes it impossible to assess the true cost of trading.

A-Com ECNc's company description states that it operates without regulation in both Cyprus and the UAE, and that it offers a broad range of trading services covering metals, indices, stocks, cryptocurrencies, currencies, and commodities. It also claims to prioritise security through encryption, two-factor authentication, audits, and segregation of client funds. These are the broker's own words, and we reproduce them only as claims — not as verified facts.

Our independent verification found no verifiable website or social-media presence beyond the official domain, and no independent user reviews anywhere. The company reports zero employees in our records, which is unusual for an active broker and raises questions about operational capacity. The combination of a revoked licence, zero staff on record, and no independent footprint is, in FXCanary's assessment, a pattern that warrants extreme caution. We are not saying A-Com ECNc is a scam — we are saying there is no evidence to support its claims, and the burden of proof lies with the broker.

If you are considering trading with A-Com ECNc, or any broker with a similar profile, we recommend a strict set of precautions. First, verify the regulatory status yourself: check the CYSEC register directly for the licence number 684/49 and confirm whether it is active or revoked. Do not rely on the broker's website or third-party summaries. Second, never deposit funds with a broker that cannot demonstrate active regulation in a reputable jurisdiction — the absence of oversight is itself the risk.

Third, if you have already deposited funds, consider withdrawing them immediately and moving to a fully regulated broker. Fourth, be extremely wary of any request for additional payments, 'verification fees', or 'tax clearance' — these are common exit-scam tactics. Finally, document all communications and transactions, and report any suspected fraud to your local financial regulator and the Cyprus Police. In FXCanary's view, the safest course is to avoid this broker entirely until it can demonstrate a valid, active licence and a verifiable operational presence.

Our Scam Risk score of 35/100 reflects a broker that is not an obvious scam but is far from safe. The revoked CYSEC licence, the lack of any current regulation, the absence of independent reviews, and the high-leverage, high-minimum-deposit structure all combine to create a hazardous environment for retail traders. The company's own description admits it operates without regulation, which is a candid admission of the risk.

In the absence of any independent verification, we cannot recommend A-Com ECNc to any trader. The onus is on the broker to provide verifiable proof of licensing, audited financials, and a real operational team. Until then, we advise treating this broker with the same caution you would apply to any unregulated entity. If you choose to proceed despite the risks, do so only with funds you can afford to lose entirely — and never with money you need for living expenses.