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 crucial for every trader, as brokers are the bridge that connects traders to the vast and volatile financial market. In this article, TrustFinance will discuss about brokers.
EBC Financial Group founded in 2020 in London and headquartered in several countries, we will take you to see how reliable this broker is, as well as the pros and cons that traders should know before deciding to use the service.

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 global financial centers such as 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).

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 จาก Forex Awards – Retail 2023

• Most Transparent Broker  จาก Brokersview Outstanding Broker Selection ปี 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

MT4

MT4 Mobile App

EBC Financial Group offers unlimited trading opportunities via the MT4 mobile app, allowing investors to never miss a profitable opportunity, no matter where they are. Whether you are on the move or on the go, the app allows you to access the market anytime with maximum confidence and convenience, stable connection quality and fast execution.

MT4 desktop version

Traders can enhance their trading experience with the desktop version of the MT4 platform, which is known for its superior performance and is available on both Windows and OS X. The platform provides a smooth trading experience and access to analytical tools and trading functions suitable for all investment plans.

MT4 Web Trader

MT4 WebTrader gives traders instant access to trades on any browser, making it the perfect solution for those who don’t want to download or install additional software. The platform supports all popular browsers and offers the flexibility to trade from anywhere in the world without any restrictions.

PAMM (Percentage Allocation Management Module)

EBC Financial Group also offers the PAMM system, which is an ideal tool for investors who want a portfolio manager to trade for them. The PAMM system allows investors to spread their investments across multiple accounts controlled by the portfolio manager, thus spreading the risk and increasing the chances of making a profit.

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: 50 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: 500 USD

• Commission: 6 USD/lot

• Recommended for professional investors

Support and Customer Service

• Live Chat service on the website 24 hours a day

• Email: [email protected] 

• The 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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