EBC Financial Group

EBC Financial Group Review: Is EBC a Good Broker?

In the world of Forex and CFDs investing, choosing the right broker is important for every investor because brokers are the bridge that connects investors to the vast and volatile financial market. In this article, TrustFinance will talk about EBC Financial Group broker, which was founded in 2020 in London and has headquarters in several countries. We will take everyone to see how reliable this broker is, including the pros and cons that traders should know before deciding to use their services.

EBC Financial Group Overview and General Information

EBC Financial Group is a financial services provider founded in 2020 in London, UK, and led by executives with over three decades of experience in the financial markets industry. The company specializes in online trading, asset management, and investment consulting for expatriates, with offices in major financial centers around the world, including Tokyo, Sydney, Cayman Islands, Singapore, Bangkok, and Hong Kong, among others. The broker prioritizes the safety of its clients’ assets by adhering to strict financial regulations, including having accounts at Barclays with over $10,000,000 insured and CASS compliance. These measures effectively reduce the risks for clients.

EBC Financial Group's services cover trading in Forex, Commodities, Indices CFDs and Shares CFDs, all via the MT4 platform, which is the global standard for online trading. Although EBC currently supports only one device, it is unofficially known that EBC will soon upgrade to support the MT5 platform. Furthermore, EBC does not currently support Cryptocurrency trading.

Licensing and Trust

If you ask whether EBC Financial Group broker is good or not, you must start by considering the license factor first. This broker is licensed and regulated by several leading regulatory agencies as follows:

• EBC Financial Group (UK) Ltd is regulated by the Financial Conduct Authority (FCA) of the United Kingdom, a renowned regulatory authority with high standards (Reference Number: 927552).

• EBC Financial Group (Australia) Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC), a reputable authority for investor protection and the stability of financial markets (Reference Number: 500991).

• EBC Financial Group (Cayman) Ltd is regulated by the Cayman Islands Monetary Authority (CIMA), the authority that helps maintain financial standards and market confidence (Reference Number: 2038223).

• EBC Financial Group (SVG) LLC is regulated by the FINANCIAL SERVICES AUTHORITY St Vincent & The Grenadines (FSA) (Reference Number: 353LLC2020).

Warning⚠️:Each type of license has a different regulatory scope, such as the countries the agency is regulated in and the websites it is authorized to operate.

• FCA License No. 927552 regulates any activities that take place underwww.ebcfin.co.uk

• CIMA, license number 2038223, regulates any activities taking place underhttps://www.ebcgroup.ky

Examples of awards received

• Top 10 Most Popular Brokers Award from the announcement of FollowMe Most Popular Broker Awards in 2022

• Best FX Trading Platform and Best Trading Execution both won at the 2023 World Finance Forex Awards

• Best ECN Broker and Global Newcomer of The Year from Forex Awards – Retail 2023

• Most Transparent Broker  from Brokersview Outstanding Broker Selection 2024

• The Best-Rated Broker and Most Efficient Broker were awarded by FollowMe Trading Broker of the Year and FXDailyInfo Forex Brokers Award 2024.

EBC Financial Group Products and Services

• Forex: Offers Forex trading, the most liquid market in the world. Investors can freely trade major, sideways, and exotic currency pairs, making it a great option for investors looking to access the FX market with flexibility and profit opportunities.

• Commodities:Offering Commodity Futures Contracts (CFDs) including gold, oil, and other agricultural products such as coffee and cocoa, it provides investors with comprehensive access to global commodity markets.

• Index CFDs: It allows investors to access and trade leading stock indices from global markets such as the S&P 500, FTSE 100 and DAX. It also offers trading of specific indices such as technology or financial indices.

• Stock CFDs: It gives investors access to global stock markets. Investors can trade shares from the US, Europe and Asia using the leverage and flexibility of CFDs. It also allows investors to profit in both rising and falling markets.

Trading tools and platforms

EBC Financial Group supports a variety of trading platforms designed to cater to different trading needs and levels of experience. Below is an overview of the platforms they offer:

MetaTrader 4 (MT4)

• Features:

  • Renowned for its simplicity and reliability.

  • Professional charting tools and a variety of technical indicators.

  • Supports automated trading using Expert Advisors (EAs).

• Accessibility:

  • Available on desktop (Windows/Mac), mobile devices (iOS/Android), and web browser.
    

MetaTrader 5 (MT5)

• Features:

  • Offers more advanced tools compared to MT4.

  • Includes additional technical indicators, timeframes, and charting options.

  • Enhanced support for multi-asset trading and Expert Advisors (EAs).

Accessibility: Compatible with desktop (Windows/Mac), mobile devices (iOS/Android), and web browser.

Percentage Allocation Management Module (PAMM)

• A managed account solution designed for investors who wish to have professionals trade on their behalf.

• Funds from multiple investors are pooled together and traded by a skilled money manager.

• Profits (or losses) are distributed proportionally based on each investor's contribution.

• Ideal for passive investors seeking exposure to trading markets.

• Managed by experienced traders to optimize returns.

Account types and trading conditions

Standard Account

• Spreads start at 1.1 pips for currency pairs such as EURUSD.

• Maximum leverage 500:1

• Minimum deposit: 100 USD

• Commission: None

• Recommended for general investors

Professional Account

• Spreads start at 0.0 pips for currency pairs such as EURUSD.

• Spread for Gold: Minimum 0.8 pips (ECN)

• Maximum leverage 500:1

• Minimum deposit: 5,000 USD

• Commission: 6 USD/lot

• Recommended for professional investors

Deposit and Withdrawal Review

Deposit and withdrawal channels

Domestic Banks

• Supported currencies: CNY, THB, VND, IDR, JPY, PHP, COP, BRL, MXN, SOL

• Deposit limit per transaction: 110 - 29,000

• Deposit processing time: 1 - 15 minutes

• Withdrawal processing time: 1 business day

International money transfer

• Supported currencies: USD/EUR/GBP

• Deposit limit per transaction: 1,000 - 100,000

• Deposit processing time: 2 - 5 business days

• Withdrawal processing time: 1 business day

Digital wallet

• Supported currencies: USD

• Deposit limit per transaction: 110 - 1,000

• Deposit processing time: 1 - 15 minutes

• Withdrawal processing time: 1 business day

Cryptocurrency

• Supported currencies: USDT-TRC20/ERC20

• Deposit limit per transaction: 50 - 10,000

• Deposit processing time: 1 - 15 minutes

• Withdrawal processing time: 1 business day

Support and Customer Service

• Live Chat service on the website 24 hours a day

• Email:[email protected] 

• Telephone: +44 20 3376 9662

• Official website: www.ebc.com / Supports Thai and 13 other languages

• There is a customer service team via the Line application that supports Thai language. Service is available Monday to Friday from 8:00 a.m. to 11:00 p.m.

Conclusion: Is it worth trading with EBC Financial Group?

EBC Financial Group is an interesting broker for investors looking for high-quality, safe and stable financial and trading services in the Forex and CFDs markets. It is licensed and regulated by several leading authorities around the world, as well as having a hedged account with high security. However, there may be some limitations that investors should consider, such as not supporting the MT5 platform, limited account options and trading products, or the leverage offered may not be enough for traders with high risk appetites, etc.

Overall, this broker is a good choice for investors who prioritize security and quality service, but may not be suitable for investors who want to trade Cryptocurrency or use a wider range of trading platforms.

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EBC Financial Group Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.