Score

1.94 /10
Danger

EBRO

Australia

2-5 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

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Comparison

Quantity 8

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.85

Risk Management Index0.00

Software Index7.02

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

EBROKER(llc) Group Limited

Company Abbreviation

EBRO

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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    EBRO · Company summary

    General Information & Regulation

    Founded in London in 2008, EBROYiben belongs to Ebro Financial Holding Co Group offering customized financial solutions to serve the European market. In 2013, a branch was established in Australia to expand and serve the Asian market. EBRO has established service stations in many countries such as the United Kingdom, Canada, Australia, Frankfurt, Paris and Asia Pacific, and our business has covered more than 30 countries and regions around the world. EBRO (the Australia entity) holds an AR license authorized by ASIC.

    Market Instruments

    The EBRO platform involves five asset class trading products including foreign exchange, futures, commodities, energy, and digital currency.

    Minimum Deposit

    In terms of minimum deposit, EBRO does not make this part clear. In most cases, most brokers would requires traders to fund around $100 to start real trading.

    Leverage

    The highest leverage for forex trading is up to 1:2000, crazily high. The leverage for other instruments are: precious leverage up to 1:100, energy 1:25, CFD 1:50.

    Micro Trade Size

    The micro trade size allowed by EBRO is 0.01 lots, friendly to beginners, and the maximum number of lots is up to 100 lots.

    Spreads & Commissions

    EBRO does not make its spreads and commissions clear. Keep in mind that most unregulated brokers love to hide their actual trading costs to scam brokers. While legit brokers would make their transaction fees as transparent as possible.

    Trading Platform Available

    EBRO provides its traders with MT4 trading platform. MT4 is a powerful trading platform, supporting all kinds of EA quantitative trading operations. EBRO MT4 is available in Windows, Mac, iPhone and Android.

    Deposit & Withdrawal

    When it comes to payment methods working with this broker, EBRO does not make this part clear. Most brokers allow its traders to fund their accounts through VISA, MASTERCARD, MAESTRO, Wire Transfer, Skrill and Neteller.

    Customer Support

    The EBRO customer support can be reached through email: cs@ebrofx.com, as well as QQ, telephone: 0809-098009.

    Restricted Areas

    EBROEben does not provide services to residents of certain countries/regions, including but not limited to the United States, Iran, Japan and the Democratic Peoples Republic of Korea.

    User Reviews

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    User comment

    1

    Comments

    Write a review

    Ivo Zhang
    more than one year
    It's so bad that I saw a lot of people cheated by this company on the Internet! The website of EBRO is not open now. I don't know if these victims are likely to recover their losses.
    It's so bad that I saw a lot of people cheated by this company on the Internet! The website of EBRO is not open now. I don't know if these victims are likely to recover their losses.
    Translate to English
    2023-03-03 16:31
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