EBRO foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.ebrofx.com/en/, about the company's legal and temporary regulatory information, the company's address L1, 256 Rundle St Adelaide SA.
Ebro, officially known as Ebro Financial Holding Co Group, was founded in 2008. The company is headquartered in Adelaide, Australia, with additional branches established in various countries including the United Kingdom, Canada, and across the Asia-Pacific region. Ebro operates as a private entity, focusing on providing customized financial solutions primarily to retail and institutional clients in the forex and financial markets.
Since its inception, Ebro has aimed to expand its market presence, particularly in the Asian market, following the establishment of its Australian branch in 2013. Over the years, Ebro has developed a reputation for offering a wide range of financial products and services, including forex trading, CFDs, and more. The companys commitment to customer service and innovative financial solutions has marked several milestones in its growth trajectory.
Ebro operates under a business model that includes retail forex trading and institutional services, catering to a diverse clientele. With its comprehensive approach to financial services, Ebro has positioned itself as a competitive player in the global forex market.
Ebro operates under the regulatory oversight of the Australian Securities and Investments Commission (ASIC). However, it is important to note that the broker's appointed representative license has been revoked, leading to concerns about its regulatory status. The license number previously held by Ebro was 001283355.
The brokers operations are currently considered high-risk due to the lack of valid regulation. Ebro does not have a valid license, which raises concerns regarding investor protection and compliance with financial regulations. The company claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, although the specifics of these measures are not clearly outlined.
Ebros client funds are reportedly held in segregated accounts, providing some level of security for investors. However, the absence of participation in an investor compensation fund is a significant drawback, as it means that clients may not have recourse in the event of insolvency.
Ebro offers a diverse range of trading products, primarily focusing on forex trading. The broker provides access to numerous currency pairs, including major, minor, and exotic pairs. However, the exact number of forex pairs available is not specified.
In addition to forex, Ebro provides Contracts for Difference (CFDs) on various asset classes including indices, commodities, stocks, and cryptocurrencies. The broker aims to keep its product offerings up-to-date, frequently reviewing and adding new instruments to meet market demand.
Ebro's retail trading services are designed for individual investors, while institutional services cater to larger clients, including asset managers and financial institutions. The broker also offers white-label solutions, allowing other businesses to utilize its trading platform under their own branding.
Ebro provides its clients with access to the popular MetaTrader 4 (MT4) trading platform, known for its robust features and user-friendly interface. The platform supports various trading strategies, including automated trading through Expert Advisors (EAs).
In addition to MT4, Ebro has developed its own proprietary trading platform, although details about its features and capabilities are limited. The broker offers a web-based trading platform that allows clients to trade from any device with internet access.
Mobile trading applications for both iOS and Android are also available, enabling traders to manage their accounts and execute trades on the go. Ebro operates on an ECN execution model, which is designed to provide fast order execution and competitive spreads.
The brokers technical infrastructure is reportedly supported by advanced servers, ensuring reliable and efficient trading operations. Ebro also offers API access for automated trading, catering to more advanced traders seeking to implement algorithmic trading strategies.
Ebro offers a variety of account types to cater to different trading needs. The standard account typically requires a minimum deposit of around $100, with spreads starting at competitive levels. The exact details of spreads and commissions are not clearly specified.
For more experienced traders, Ebro provides advanced account types, including VIP and professional accounts, which may offer enhanced features and lower trading costs. The broker also offers Islamic accounts for clients who require Sharia-compliant trading options.
Ebro allows for a minimum trade size of 0.01 lots, making it accessible for beginners. The maximum leverage offered by Ebro is up to 1:2000 for forex trading, which is considerably high and may appeal to traders looking for significant exposure.
The broker does not explicitly outline its overnight fees or swap rates, which are important considerations for traders who hold positions overnight.
Ebro supports a range of deposit methods, including bank transfers, credit cards, and popular e-wallets. The minimum deposit requirement varies by account type, with standard accounts typically starting at $100.
Deposit processing times are generally quick, often completed within 24 hours. However, specific details regarding deposit fees are not provided, which could be a point of concern for potential clients.
Withdrawals can be made through similar methods, but the broker does not clearly specify any withdrawal limits or fees. The processing time for withdrawals may vary, with some methods taking longer than others.
Ebro offers customer support through various channels, including phone, email, and live chat. The support team is reportedly available during business hours, providing assistance to clients across different time zones.
The broker supports multiple languages, catering to its diverse client base. Ebro also provides educational resources, including webinars, tutorials, and eBooks, to help traders enhance their knowledge and skills.
Market analysis services are available, with daily updates, news, and research reports provided to clients. Additionally, Ebro offers various trading tools, including calculators and economic calendars, to assist traders in making informed decisions.
Ebro primarily serves clients in Australia and the Asia-Pacific region, with a focus on expanding its presence in other international markets. The broker has established offices in several countries, including the United Kingdom and Canada.
However, Ebro does not accept clients from certain countries, including the United States, Iran, Japan, and North Korea. These restrictions are common among forex brokers and are typically in place to comply with local regulations.
In summary, Ebro broker presents a range of trading opportunities for clients, but potential investors should be aware of the regulatory concerns and the lack of investor protection measures. As with any financial decision, due diligence is crucial when considering trading with Ebro.
FX3294209382
Hong Kong
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.
Exposure
2022-09-13
觅儿(Ariel)
Hong Kong
There are still more than 700 dollars in the account. I don't know why it was suspended.
Exposure
2022-08-30
* A 美学设计(刘路)
Hong Kong
I advise everyone not to do foreign exchange, but to do domestic stocks, which is safer.
Exposure
2022-09-21