About East
Overview
East is a forex broker registered in China. According to our records, it was founded on February 10, 2021. However, the company's own description claims an establishment date of 1995, creating a discrepancy. The broker operates under the domain east-century.com, which was found to be listed for sale, raising questions about its current operational status.
Limited public information is available on East, as the official domain appears inactive. This absence of an accessible website makes independent verification of the broker's claims challenging. Traders should be aware of the significant uncertainties surrounding this entity.
Background and Registration
East is registered in China, though no specific business registration number or address has been publicly verified. The company's founding date in our records is 2021, contradicting its own assertion of establishment in 1995. Such inconsistencies are a red flag for transparency.
The domain east-century.com, which should host the broker's official site, is instead listed for sale on a third-party domain marketplace. This suggests that the entity may no longer be actively trading, or that it never operated a live website as a broker. Without a functioning domain, the legitimacy of the broker is highly questionable.
Regulation and Safety
East does not hold any regulatory licence from a reputable financial authority. Our records confirm that no regulators are on file for this broker. The complete absence of oversight is a critical safety concern for any trader.
FXCanary's scam risk score for East is 75 out of 100, indicating a severe risk level. This score reflects the lack of regulation, contradictory information, and the inactive domain. Traders are strongly advised to avoid depositing funds with this broker until independent verification is possible.
Trading Platforms and Instruments
The broker claims to offer the MetaTrader 5 (MT5) platform, a widely used multi-asset trading interface. Instruments purported to be available include forex, commodities, indices, and CFDs. However, these claims cannot be confirmed due to the absence of an active website.
If the broker were operational, MT5 would provide advanced charting, automated trading, and market analysis tools. But given the domain status, it is unlikely that any trading platform is currently accessible. Traders should treat these claims with extreme caution.
Account Types and Funding
No specific account types or funding methods have been disclosed for East. Details such as minimum deposit, leverage ratios, spreads, and payment options are entirely absent from public records. This lack of transparency is typical of high-risk entities.
Without clear information on account conditions, traders cannot make informed decisions. The broker's failure to provide basic account details further undermines its credibility.
Target Audience
Based on its claims, East appears to target retail forex and CFD traders, particularly those interested in using MT5. However, the severe risk factors make it unsuitable for any prudent trader.
The intended audience would likely be inexperienced or uninformed traders seeking leveraged products. Regulated alternatives are widely available and should be preferred over this unverified entity.
Conclusion
East is a broker with severe risk indicators: unregulated, contradictory founding dates, and an inactive domain. Independent verification is impossible without a functioning website or regulatory oversight.
Traders are strongly cautioned against engaging with East. The risk of loss is extremely high, and no credible information supports the broker's claims. For safe trading, choose a regulated broker with a transparent track record.
Overview compiled by FXCanary from regulatory records and public data. full East review