Score

6.73 /10
Average

EBC

United Kingdom

5-10 years

Regulated in United Kingdom

Straight Through Processing (STP)

MT4 Full License

Global Business

Suspicious Overrun

High potential risk

Offshore Regulated

AA
A

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Comparison

Quantity 21

Exposure

Open Account
Website

Score

Regulatory Index7.07

Business Index7.60

Risk Management Index0.00

Software Index9.99

License Index7.07

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

EBC Financial Group (SVG) LLC

Company Abbreviation

EBC

Platform registered country and region

United Kingdom

Company website

Linkedin

Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 3
Previous Detection : 2025-11-20
  • WikiFX has received a total of 19 user complaints against this broker, please be aware of the risks and do not be scammed!
  • This broker exceeds the business scope regulated by Cayman Islands CIMA(license number: 2038223)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

EBC · Benchmark
Average transaction speed(ms)
432.6
The highest transaction speed(ms)
9 Perfect
The highest speed of opening positions(ms)
161 Good
The highest speed of closing position(ms)
9 Perfect
The lowest speed of opening positions(ms)
1989 Poor
The lowest speed of closing position(ms)
1970
Ranking: 41 / 123
Test user 1,027
Transactions 399,592
Ocuppied margin $23,705,443 USD
Data Source WikiFX Data provide
Updated: 2025-11-18 01:11:00
Pyramid scheme complaint
Expose
Scam

EBC's "low spread"

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.

2025-08-28 13:07
Severe Slippage

Can your EBC propaganda

Can your EBC propaganda be any more false? You claim to have "institutional-level spreads", but during normal trading, the spread of EUR/USD often suddenly expands to more than 2.5 points, and gold often soars to 6-8 points! The most disgusting thing is that during the non-farm and CPI data period, the spread can instantly explode to an outrageous level. On one occasion, the spread of GBP/USD expanded to 50 points! This is not a market liquidity problem at all. The platform deliberately raises the spread to reap customers. The spread of other mainstream platforms during the same period is less than half of yours! What's even more shameful is that you use very small fonts to mark "spreads may fluctuate" on your official website. This is simply a carefully designed word game trap! Under the guise of low spreads, customers are attracted to deposit funds, but the actual transaction costs are much higher than the industry average. Don't touch rogue platforms.

2025-08-26 13:30
Scam

Maliciously attributed the losses to my account.

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.

2025-08-30 00:31
Severe Slippage

ผมไม่เคยคิดเลยว่าแพล

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

2025-08-26 18:43
Severe Slippage

EBC caused me to lose

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.

2025-08-27 14:13
Severe Slippage

The EBC Forex platform

The EBC Forex platform is a complete scam! I was blinded to believe their deceptive propaganda, and now I regret it so much! I invested my money with complete faith, only to be met with endless obstacles when withdrawing. I submitted my documents countless times, but they refused, claiming they "failed to pass the review." Customer service either wouldn't respond for ages, leaving my funds stuck and unable to withdraw a single cent. Even more infuriating is the trading process. The slippage is ridiculously severe. My set stop-losses were repeatedly maliciously skipped. I watched my losses mount. When I confronted the platform, they blamed it on "market fluctuations," completely ignoring their losses. Their so-called "professional analysts" offered completely ineffective advice. I lost everything after following their advice a few times, and when I contacted them again, they simply lost contact. This dishonest platform, focused solely on scamming people, deserves to be exposed!

2025-08-25 14:27
Scam

I'm so unlucky I fell

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!

2025-08-30 18:20
Scam

EBC Forex is a complete

EBC Forex is a complete scam! I deposited $25,000 in March of this year. After trading for two weeks, I wanted to withdraw $8,000 for an emergency. After submitting my application, the platform initially said "bank card information is incorrect"—but I checked and confirmed it was exactly the same as when I deposited! After resubmitting, the withdrawal application was stuck at "identity verification." Customer service then said, "Additional proof of source of funds is required." They also requested the past three months of payroll and tax returns! When I contacted customer service to simplify the process, they sent me a taunting voice message: "If you don't have money, don't trade forex. If you can't even provide this little proof, I'm afraid your funds are not legitimate." After over a month of this, my withdrawal application still wasn't approved, and I couldn't access a single cent of my account! EBC is deliberately creating numerous obstacles to prevent investors from withdrawing

2025-08-25 16:35
Others

A friend recommended

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.

2025-08-26 16:03
Others

This is a scam. As a...

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.

2025-08-31 16:18
Scam

EBC You scammers!

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!

2025-08-31 18:13
Severe Slippage

EBC is like a "guide"

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!

2025-08-27 17:16
    Sources
    EBC · Company summary
    EBCReview Summary
    Founded1994
    Registered Country/RegionUnited Kingdom
    RegulationFCA / ASIC (regulated), CIMA (exceeded)
    Market InstrumentsCurrency pairs, precious metals and energies, indexes, stocks, ETFs
    Demo account
    LeverageUp to 1:500
    SpreadFrom 0.0 pips
    Trading PlatformMT4, MT5
    Minimum Deposit/
    Customer SupportPhone: +44 20 3376 9662
    Email: cs@ebc.com
    Physical Address: The Leadenhall Building, 122 Leadenhal Street, ondon, United Kingdom Ec3y 4AB

    EBC Information

    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.

    EBC Information

    Pros and Cons

    ProsCons
    FCA, ASIC regulatedExceeded license
    Demo account availableOnly 2 types of accounts offered
    Competitive spreads and low trading feesNo information about minimum deposit
    MT4, MT5 trading platform supportedNo Islamic trading account
    No deposit and withdrawal fees
    Various payment options
    Copy trading offered

    Is EBC Legit?

    Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
    United KingdomFinancial Conduct Authority (FCA)RegulatedEBC Financial Group (UK) LtdStraight Through Processing (STP)927552
    AustraliaAustralia Securities and Investment Commission (ASIC)RegulatedEBC FINANCIAL GROUP (AUSTRALIA) PTY LTDStraight Through Processing (STP)000500991
    Cayman IslandsCayman Islands Monetary Authority (CIMA)ExceededEBC Financial Group (Cayman) LimitedCommon Financial Service License2038223
    license
    license
    license

    What Can I Trade on EBC?

    EBC offers traders the opportunity to trade currency pairs, precious metals and energy, stock index CFDs, US stock CFDs, ETF CFDs.

    Tradable InstrumentsSupported
    Currency pairs
    Precious metals
    Energies
    Indexes
    Stocks
    ETFs
    Futures
    Options
    assets

    Account Types

    EBC offers 2 different types of accounts to traders, which are STD Standard Account, PRO Account. Besides, it also provides demo accounts.

    Account TypeSTD Standard AccountPRO Account
    SpreadsAs low as 1.1 pipsAs low as 0.0 pip
    Fees06 USD/lot
    Leverage500:1500:1
    Account Types

    EBC Fees

    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 Fees

    Trading Platform

    EBC's trading platform is MT4 and MT5, which support traders on PC, Mac, iPhone and Android.

    Trading PlatformSupportedAvailable DevicesSuitable for
    MT4PC, Mac, Web, MobileBeginners
    MT5PC, Mac, Web, MobileExperienced traders
    Trading Platform
    Trading Platform

    Deposit and Withdrawal

    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 MethodsSupported CurrenciesMinimum DepositDeposit Processing TimeWithdrawal Processing Time
    Local BanksCNY, THB, VND, IDR, JPY1101-15 minutes1 working day
    International Wire TransferUSD/EUR/GBP10002-5 working days1 working day
    E-walletUSD1101-15 minutes1 working day
    Digital CurrencyUSDT-TRC20/ERC20501-15 minutes1 working day
    Deposit and Withdrawal
    Deposit and Withdrawal

    Copy Trading

    EBC's copy trading provides traders opportunities to follow other successful traders.

    Copy Trading

    News

    NewsProfits on Paper, Losses at the Border: What Traders Must Know About Vietnam

    Vietnam is making waves in global trade headlines this year. Fruit exports are soaring, shrimp is dominating Chinese markets, and wood products are gaining traction in ESG-sensitive regions. On the su

    WikiFX
    2025-08-04 12:40
    Profits on Paper, Losses at the Border: What Traders Must Know About Vietnam

    NewsStrong GDP, Weak Investment, and Uncertain Trade: South Korea's Tug of War Continues

    South Korea's economy just pulled off a stronger-than-expected second quarter, but traders aren't cheering just yet. Beneath the surface of that 0.6% quarterly GDP growth, deeper tensions are building

    WikiFX
    2025-07-30 15:31
    Strong GDP, Weak Investment, and Uncertain Trade: South Korea's Tug of War Continues

    NewsTraders, Watch This Space: How ASEAN Is Quietly Rewriting the Tariff Playbook

    As global tariff tensions flare once again under President Trumps revived protectionist policies, Southeast Asia isnt standing still. Instead of falling into line or backing away, key regional players

    WikiFX
    2025-07-29 13:23
    Traders, Watch This Space: How ASEAN Is Quietly Rewriting the Tariff Playbook

    NewsThought Inflation Was Tamed? June's CPI Says Otherwise

    June's inflation print sent a clear signal: price pressures in the US economy are far from over. The Consumer Price Index (CPI) rose by 2.7% year-on-year, the highest reading since February, snapping

    WikiFX
    2025-07-28 13:29
    Thought Inflation Was Tamed? June's CPI Says Otherwise

    User Reviews

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    User comment

    378

    Comments

    Write a review

    FX2567324899
    0-3months
    交易环境好,点差稳定美盘也没有出现拉大的情况,出入金快捷,使用感受不错
    交易环境好,点差稳定美盘也没有出现拉大的情况,出入金快捷,使用感受不错
    Translate to English
    2025-11-12 17:09
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    nuttapong singchai
    0-3months
    ชอบการตอบกลับ การให้ความช่วยเหลือจากทาง support แต่อยากให้โบรกแก้ไขเรื่องกราฟให้ลื่นกว่าเดิม เข้าใจว่าตลาดผันผวน แต่ก็อยากให้ปรับดีขึ้นกว่านี้
    ชอบการตอบกลับ การให้ความช่วยเหลือจากทาง support แต่อยากให้โบรกแก้ไขเรื่องกราฟให้ลื่นกว่าเดิม เข้าใจว่าตลาดผันผวน แต่ก็อยากให้ปรับดีขึ้นกว่านี้
    Translate to English
    2025-09-06 21:21
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