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Pros

High reliability due to strict regulation by the Securities and Futures Commission (SFC) of Hong Kong.
Access to robust trading platforms, including MetaTrader 4 and FXTrader Pro, offering both fixed and variable spreads.
No additional trading fees on transactions, providing transparency in cost structure.

Cons

High minimum deposit requirement of $5,000, which may be a barrier for beginner traders.
Limited selection of trading instruments, focusing exclusively on forex with no access to CFDs or other asset classes.
The account opening process requires an in-person visit to their office, which can be inconvenient for some clients.

EBSI broker Accounts

EBSI Forex Account Type

EBSI Forex offers two main types of accounts for traders, each catering to different trading preferences:

  • MT4 Accounts:
    • Platform: MetaTrader 4 (MT4)
    • Spreads: Variable spreads starting from 1.1 pips.
    • Leverage: Available up to 1:20.
    • Ideal For: Traders who prefer flexibility in spreads based on market conditions.
    • FXTrader Pro Accounts:
      • Platform: FXTrader Pro
      • Spreads: Fixed spreads starting from 1.6 pips.
      • Leverage: Available up to 1:20.
      • Ideal For: Traders who prefer stable and predictable spreads regardless of market volatility.

      Both types of accounts require a minimum deposit of $5,000 or its equivalent in another currency and allow access to trade 38 currency pairs.

      EBSI Forex Broker Account Opening Process

      To open an account with EBSI Forex, follow these steps:

      • Visit the EBSI Forex Website: Navigate to the "Open an Account" section.
      • Make an Appointment: Call EBSI Forex at +852 3920 2720 or fill out the feedback form online to schedule a meeting.
      • Prepare Required Documents: Gather the necessary documents, typically including identification and financial information.
      • In-Person Visit: Go to the EBSI Forex office on the scheduled appointment date with your documents.
      • Fill Out Account Opening Forms: Complete the provided forms for individual, joint, or corporate accounts.
      • Submit Completed Forms: Hand over the completed forms along with your documents to the EBSI Forex representative.
      • Verification: Once your documents are verified, your account will be opened, and you can start trading.
      • This process emphasizes the importance of in-person verification, which may be a drawback for some traders, especially international clients.

EBSI accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
EBSI Account