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Score
United Kingdom
Regulated in United Kingdom
Straight Through Processing (STP)
MT4 Full License
Global Business
Suspicious Overrun
High potential risk
Offshore Regulated
Benchmark
Influence
Add brokers
Comparison
Quantity 26
Exposure
Score
Regulatory Index7.07
Business Index7.58
Risk Management Index0.00
Software Index9.99
License Index7.07
Single Core
1G
40G
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Company Name
EBC Financial Group (SVG) LLC
Company Abbreviation
EBC
Platform registered country and region
United Kingdom
Company website
Company summary
Pyramid scheme complaint
Expose
With the platform’s teacher, I have been cooperating, but my messages have not been replied to, which seems to be suspected fraud. They even maliciously attributed the losses to my account. When my account balance was at most just over USD 10,000, somehow the total loss reached more than USD 20,000 at the same time. After the account went negative, it was still able to incur an additional loss of more than USD 10,000. I request a refund of my principal of USD 10,000.
ผมไม่เคยคิดเลยว่าแพลตฟอร์มซื้อขายที่อ้างว่าเป็น "ระดับสถาบัน" จะทำผิดพลาดเล็กน้อยในการดำเนินการคำสั่งซื้อขายได้ขนาดนี้ ตลอดสามเดือนที่ซื้อขายบน EBC ผมพบปัญหาความล่าช้าและการปฏิเสธคำสั่งซื้อขายมากกว่าแพลตฟอร์มอื่นๆ ในช่วงสามปีที่ผ่านมารวมกัน คำสั่งตัดขาดทุนถูกดำเนินการที่ราคาต่ำกว่าราคาที่ตั้งไว้ 25 จุด และขาดทุนจากการซื้อขายครั้งเดียวเกิน 2,000 ดอลลาร์ ผมไม่เคยเห็นแพลตฟอร์มที่ไร้จริยธรรมเช่นนี้มาก่อน พวกเขาบิดเบือนการซื้อขายที่ทำกำไรของผมจนทำให้บัญชีของผมระเบิด เพียงเพื่อป้องกันไม่ให้ผมถอนกำไร และยังทำให้ผมสูญเสียเงินต้นทั้งหมด 15,000 ดอลลาร์ เกือบสองเดือนผ่านไปแล้ว พวกเขายังคงจงใจหลอกลวงและปฏิเสธที่จะคืนเงิน ผมโพสต์ที่นี่เพื่อเตือนทุกคนให้คว่ำบาตรแพลตฟอร์มนี้ร่วมกัน และอย่าลืมตรวจสอบคุณสมบัติของแพลตฟอร์มอย่างละเอียด
EBC's "low spread" is a lie. They advertise "fixed 4 pips spread for USD/JPY," but every time I trade during the evening in Thailand, the spread spikes to 28-32 pips. Last month on the 22nd, I traded XAU/USD—the spread showed 6 when I placed the order, but it changed to 19 after trade confirmation, forcing me to pay an additional 27,000 THB in commissions. Before and after market open, EBC's stock prices surged abnormally, especially with stop-loss orders clustered at key levels. 73% of my stop-loss orders were triggered by this abnormal volatility, with an average deviation of 2.8 pips from the set position. The same stop-loss orders set on other platforms were triggered only 22% of the time. This frustrated me so much that I sent complaint emails for seven consecutive days. EBC is a deceptive platform that exploits retail traders with spreads.
Everyone, stay away from this broker; it's a thief. In March 2025, I traded XAU/USD on EBC, with a 0.3-lot position, an account balance of RM68,000, and a net worth of RM52,000. The platform's advertised margin requirement was 1%. Based on the gold price of $2,050 per ounce at the time, the required margin was 2,050 x 100 x 0.3 x 1% x 4.5 (USD/MYR exchange rate) = RM276.75, a risk ratio far exceeding 100%. However, at 2:00 AM on March 10th, my account was suddenly liquidated. The calculation details showed that the platform calculated the margin requirement at 3% and fixed the exchange rate at 4.0 (actually 4.5), resulting in an inflated margin requirement of 28%. This forced liquidation resulted in a loss of $3,800 (approximately RM21,300). EBC accounts opened for Malaysian customers are calculated based on a 3% margin by default, which is seriously inconsistent with the 1% advertised on the official website.
EBC ripped me off of RM72,000, leaving me with only RM25,000. On the 15th of last month, I traded USD/MYR. I set a buy price of 4.73, but the system froze for three seconds before displaying a trade at 4.765. A 35-point slippage resulted in a RM4,200 loss, and a 12% "cross-border clearing fee" was deducted from my withdrawal. I also traded the same trade on AmBank Forex, and the slippage was only 5 points. EBC relies on slippage to steal my money and deduct it from my withdrawals. As a small business owner, we can't afford to cheat you out of your hard-earned money. Such a shameless scam
My first withdrawal of $500 USD was transferred to my account quickly. The second withdrawal of $1,200,000 USD was delayed due to exchange rate discrepancies, anti-money laundering measures, and tax issues. They gave me all sorts of excuses. After my account suffered heavy losses from platform slippage issues, customer service took three days to respond. Then they told me, 'If you don’t know how to trade, don’t play!' Is this how you treat your customers? When I requested proof of liquidity, they directly cited the user agreement and threatened to freeze my account if I kept complaining. This inappropriate behavior is just like how a casino operates—customers only have the right to lose money, not withdraw profits! Everyone, stay away from EBC.
I'm so pissed! Never fall for this broker. They say they'll investigate, but in reality, they just do it like a repeater. EBC's overnight interest rates are rip-offs. But I'm long EUR/MYR, and sometimes I'm charged RM300, sometimes RM900. There's no pattern. Last month, I checked my bill and found that EBC had overcharged me by RM5,400 in overnight interest. I applied for a RM80,000 withdrawal on March 15th, but the money still hadn't arrived by April 20th. Customer service gave 10 excuses: "Finance leave," "Bank delay," "Document re-approval," and each time told me to wait "next week." I contacted my bank (Public Bank), and they said they hadn't received the transfer request from EBC. It's clearly EBC deliberately withholding funds. Don't believe EBC's "fast withdrawal" scam. Don't touch a scam like this, where spreads and manipulation are used to rob you.
I'm so unlucky I fell for the EBC platform's lies! Your Thai team can't even maintain basic data accuracy. A few days ago, I followed your gold trading strategy exactly as it was supposed to. It showed a clear bullish signal, and I even double-checked it several times! The next day, I woke up and was stunned to find your platform's data was dozens of points off from the actual market conditions! I scrambled to check the records, only to discover that your Thai technicians had mistakenly marked a bullish signal as a bearish one, costing me over $20,000! I confronted customer service, but your Thai team acted as if it had nothing to do with me. Not only did they refuse to admit their mistake, they even turned against me. They charged exorbitant fees while providing data riddled with flaws and even distorted direction. Your Thai team has absolutely no moral composure at all. They're both unprofessional and unethical!
A friend recommended EBC to me. While promoting "0 pips," they concealed a hefty commission: a fixed $15 commission per lot ($30 round trip). Furthermore, slippage on the EBC platform severely impacted my trading results. In one stock trade, I set my buy price at $50 per share, but the actual transaction price was $52 per share, a 4% slippage. This slippage significantly increased my trading costs, turning a potentially profitable trade into a loss. I understand that over 10 investors have lost money on the EBC platform due to slippage in the past week, with cumulative losses exceeding $50,000. This scam, which conceals the true costs through a complex fee structure, preys on novice traders. Don't fall for it.
This is a scam. As a foreign trader living in Bangkok, my EUR/USD trade order triggered a warning signal on the night the Non-Farm Payroll data was released on the 15th. I couldn’t reach my account manager, and the system automatically closed my position the next morning, causing me a loss of 42,000 baht. What’s even more frustrating is that after I filed a complaint, the customer service responded in English, saying 'market volatility is normal,' ignoring the 17 unanswered calls I made. They delayed the process by claiming 'data maintenance,' and the remaining 20,000 baht in my account was frozen due to 'suspected abnormal trading.' Avoid brokers like this—they can lead to losses. They are utterly irresponsible, just trying to trick me into depositing money and profiting from my losses.
EBC, you are a bunch of heartless scammers! This lousy platform run by Malaysians not only provided terrible data that made me lose money, but now they won't even let me withdraw my funds. Are you trying to take away the money I worked so hard to earn? I believed your "data-driven" lies and followed your trades, only to lose a lot of money. I thought I'd quickly withdraw the remaining funds to stop the losses, but it's been almost a week since I submitted my withdrawal request, and the platform still shows "processing"! I don't think this is a data issue—it's because your Malaysian team is deliberately delaying withdrawals! My deposit was transferred instantly, but now withdrawing is unbelievably difficult. Isn't this clearly a scam? Stay away from EBC—this platform is like a bottomless pit. Malaysians have no moral conscience. Once you put money in, you can't figure out how to get it back!
EBC, you scammers! You specifically target businesses like ours in the foreign trade sector! I export electronic goods, and to mitigate exchange rate risks, I opened an account with your platform to trade USD/THB. But the data provided by your Thai team is extremely delayed! Normally, it should display when the foreign market is stable, but when crucial data is released, your prices lag behind the actual market by 2-3 minutes, causing all my hedging orders to execute at the worst possible prices! Even worse, you deliberately widen the spread in the backend, increasing the normal 3-pip spread to 20 pips during critical moments! I contacted customer service to confront them, but your Thai manager shamelessly claimed, 'This is normal market volatility!' I compared five different platforms, and none of them deceive us like you do! As a genuine exporter, our profits are already slim, and this scam has caused a loss of 2 million baht!
The claim of having no Slippage is an outright lie. The 167-point Slippage rate on non-farm payrolls the night before the announcement was a scam by EBC. This fraudulent platform should be shut down by the Thai police! The so-called "highly praised Slippage rate" treats Thai traders like ATMs. On the night before the non-farm payroll report, my GBP/CHF order dropped 167 points, causing my trading position to vanish instantly. My Trailing Stop was prematurely closed. Their so-called "five-level bid price" is nothing but a trick. During market volatility, spreads can suddenly widen more than fivefold. Do Thai people earn money easily? They get scammed by platforms like this for everything! Don’t believe their lies.
All Malay trading communities, boycott EBC. Never open an account on this platform, it will only make you lose money. Even if you make a profit, you cannot withdraw your money, otherwise they will intervene in your account, resulting in huge losses. I deposited 15k to copy trades from the master account, I made 25k and closed all trades, totaling 40k. Seeing my huge profits, they intervened in my account and magnified 7 large orders of 7.82 each, causing my account to collapse within 15 minutes. We work hard and invest our hard-earned money to improve the lives of our families, but they shamelessly steal from us. I complained to the platform, but they ignored it and even tried to squeeze more money from me. The act of sexually predating customer funds has completely destroyed the last bit of trust I had in EBC.
EBC caused me to lose $22,000 Canadian dollars. Their "no slippage" promise was a lie - in the gold transaction on April 12, I set the purchase price at $1,950, but the actual transaction price was $1,962. The 12-point slippage directly swallowed up my stop-loss space. EBC also deleted all negative reviews. Their customer service system is completely useless. I made 23 international calls, and when I got through, they only said "please email." Of the 17 emails I sent, 12 fell on deaf ears and 5 were automated replies. Even worse is the withdrawal process. I applied for a withdrawal of $8,000 in April, but only received $1,200 in June. The remaining amount was deducted as an "international transfer fee" at a rate of 35%. This is blatant robbery! I advise all Malaysian traders not to be fooled by EBC's low spreads. This is a typical fraudulent platform that specializes in defrauding retail investors.
EBC acts like a "Baht hunter" in the foreign exchange market. Last month, I traded USD/THB on the night of the non-farm payroll report. I set my buy order at 36.50 baht per dollar, but the system displayed a trading price of 36.72. The 22-pip pricing error cost me 44,000 baht, which was three months' profit from selling handmade essential oils in Siam Square. Even worse was the withdrawal issue. I requested a 200,000 baht withdrawal, but the platform stated, "5% cross-border processing fee deducted," despite their advertisement clearly stating "no withdrawal fees." EBC doesn’t even hold a basic Thai financial license. According to Thailand’s SEC, they are renting a virtual office on Sukhumvit Road in Bangkok to deceive customers. Over the past 30 days, I executed 25 trades, and 17 of them had abnormal slippage, averaging 18 pips per trade, totaling 186,000 baht in losses. The customer service rigidly replied in English with just "Normal market." EBC exploits slippage to steal money and deducts funds upon withdrawal. Thai friends should absolutely avoid it!
EBCReview Summary | |
Founded | 1994 |
Registered Country/Region | United Kingdom |
Regulation | FCA / ASIC (regulated), CIMA (exceeded) |
Market Instruments | Currency pairs, precious metals and energies, indexes, stocks, ETFs |
Demo account | ✅ |
Leverage | Up to 1:500 |
Spread | From 0.0 pips |
Trading Platform | MT4, MT5 |
Minimum Deposit | / |
Customer Support | Phone: +44 20 3376 9662 |
Email: cs@ebc.com | |
Physical Address: The Leadenhall Building, 122 Leadenhal Street, ondon, United Kingdom Ec3y 4AB |
EBC, founded in 1994, is a brokerage registered in the UK. The trading instruments it provides cover forex CFDs, commodities CFDs, shares CFDs, cryptocurrencies CFDs, indices CFDs. It provides 2 types of accounts and demo accounts.
Pros | Cons |
FCA, ASIC regulated | Exceeded license |
Demo account available | Only 2 types of accounts offered |
Competitive spreads and low trading fees | No information about minimum deposit |
MT4, MT5 trading platform supported | No Islamic trading account |
No deposit and withdrawal fees | |
Various payment options | |
Copy trading offered |
Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
United Kingdom | Financial Conduct Authority (FCA) | Regulated | EBC Financial Group (UK) Ltd | Straight Through Processing (STP) | 927552 |
Australia | Australia Securities and Investment Commission (ASIC) | Regulated | EBC FINANCIAL GROUP (AUSTRALIA) PTY LTD | Straight Through Processing (STP) | 000500991 |
Cayman Islands | Cayman Islands Monetary Authority (CIMA) | Exceeded | EBC Financial Group (Cayman) Limited | Common Financial Service License | 2038223 |
EBC offers traders the opportunity to trade currency pairs, precious metals and energy, stock index CFDs, US stock CFDs, ETF CFDs.
Tradable Instruments | Supported |
Currency pairs | ✔ |
Precious metals | ✔ |
Energies | ✔ |
Indexes | ✔ |
Stocks | ✔ |
ETFs | ✔ |
Futures | ❌ |
Options | ❌ |
EBC offers 2 different types of accounts to traders, which are STD Standard Account, PRO Account. Besides, it also provides demo accounts.
Account Type | STD Standard Account | PRO Account |
Spreads | As low as 1.1 pips | As low as 0.0 pip |
Fees | 0 | 6 USD/lot |
Leverage | 500:1 | 500:1 |
EBC charges $0 commissions for STD Standard Account, $6 per lot for PRO Account. EBC claims to offer low spreads. STD Standard Account spreads are as low as 1.1 pips. PRO Account spreads are as low as 0 pips.
EBC's trading platform is MT4 and MT5, which support traders on PC, Mac, iPhone and Android.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | PC, Mac, Web, Mobile | Beginners |
MT5 | ✔ | PC, Mac, Web, Mobile | Experienced traders |
EBC doesn't charge deposit fees or withdrawal fees. It supports 4 types of deposit and withdrawal methods, which are Local Banks, International Wire Transfer, E-wallet, Digital Currency.
Payment Methods | Supported Currencies | Minimum Deposit | Deposit Processing Time | Withdrawal Processing Time |
Local Banks | CNY, THB, VND, IDR, JPY | 110 | 1-15 minutes | 1 working day |
International Wire Transfer | USD/EUR/GBP | 1000 | 2-5 working days | 1 working day |
E-wallet | USD | 110 | 1-15 minutes | 1 working day |
Digital Currency | USDT-TRC20/ERC20 | 50 | 1-15 minutes | 1 working day |
EBC's copy trading provides traders opportunities to follow other successful traders.
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