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Score
Australia
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 8
Exposure
Score
Regulatory Index0.00
Business Index6.93
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
EBROKER(llc) Group Limited
Company Abbreviation
EBRO
Platform registered country and region
Australia
Company website
Company summary
Pyramid scheme complaint
Expose
Deposit over 20 thousand USD but can’t withdraw funds, never be cheated.
I advise everyone not to do foreign exchange, but to do domestic stocks, which is safer.
Fraud platform that cannot withdraw nor contact the customer service. They have absconded.
Customer service phone can't be reached. This is the first time I encountered such a platform, and no one handles the emails. I really don’t know how these platforms are online.
They have already absconded. The fund cannot be withdrawn. Cannot contact the platform.
There are still more than 700 dollars in the account. I don't know why it was suspended.
I have been applying for withdrawal for a long time, but it has not been approved, and no one has responded to my email. The platform must have run away. It's a scam.
The customer service keep contacting you before you make deposit. Then, they disappear after you finished deposit. Now, you cannot withdraw and the account is disabled for no reason.
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.
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