Abstract: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.
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.
Founded in 2014, Olymp Trade has been operating for over a decade, expanding its services and user base considerably, now offering focused trading in fixed-time trades (previously known as binary options in some regions) and Forex. Specifically, Olymp Trade operates two trading modes: fixed-time trades and forex mode. Fixed-time trades refer to trades with predetermined expiration times, where traders predict market movement directions. Payouts typically range from 70-90% of the investment amount. Forex Mode is a more traditional forex trading approach with variable leverage (up to 1:500 for experienced traders). At the same time, it allows for more sophisticated trading strategies with customisable take-profit and stop-loss orders.
Novatech FX Ltd. (“Novatech”), founded in 2019, was registered in St. Vincent and the Grenadines, a jurisdiction known for its minimal regulations and booming unlicensed brokers. NovaTech, which said it was a leading forex and crypto trading platform, claimed to have its own trading software with deep liquidity. Mostly active from 2020 to 2023, they attracted investors by promising monthly returns of 3% to 5%. Accusing them of a $600 million investment fraud, the SEC filed charges on August 12, 2024, against NovaTech FX, Cynthia and Eddy Petion, and several promoters.
Maxxi Markets is a forex broker founded in Comoros that offers traders access to a diverse range of financial instruments. With product offerings spanning commodities, forex, indices, metals, cryptocurrencies, and bonds, the broker caters to a wide spectrum of trading interests. Backed by the Mwali International Services Authority (MISA) under an offshore Retail Forex License (license number T2023425), Maxxi Markets combines innovative technology with varied account options to serve both novice and experienced traders.
Selecting the right forex broker can make the difference between trading success and frustration for most investors, especially retail investors. As retail traders gain unprecedented access to global markets, the choice between platforms like JustForex and JustMarkets becomes increasingly significant. Both brokers offer some shining features within the forex and CFD trading space, but their approaches differ in some areas.