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EBRO -

Score

1.50 /10
Danger

EBRO

Australia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Australia Appointed Representative(AR) Revoked

High potential risk

https://www.ebrofx.com/en

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Comparison

Quantity 8

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.94

Risk Management Index0.00

Software Index4.00

License Index0.00

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

Licenses

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

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2025-01-01
  • 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

Exposure

8 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Scam again in the name of others

Deposit over 20 thousand USD but can’t withdraw funds, never be cheated.

2020-11-26 11:27
Unable to Withdraw

Are they absconded? The account is suspended. The website cannot be entered. What is going on?

I advise everyone not to do foreign exchange, but to do domestic stocks, which is safer.

2022-09-21 10:17
Unable to Withdraw

The platform is absconded

Fraud platform that cannot withdraw nor contact the customer service. They have absconded.

2022-08-25 16:14
Unable to Withdraw

The platform can't be opened, and the website can't be opened either.

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.

2022-08-29 11:53
Unable to Withdraw

Absconded

They have already absconded. The fund cannot be withdrawn. Cannot contact the platform.

2022-07-20 19:40
Unable to Withdraw

Can't withdraw money from account

There are still more than 700 dollars in the account. I don't know why it was suspended.

2022-08-30 04:09
Unable to Withdraw

Withdrawal rejected

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.

2022-08-19 16:08
Unable to Withdraw

Do not withdraw. Cannot contact the customer service and the platform suspend the account for no reason

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.

2022-09-13 15:40
    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

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    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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