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EBE Forex Broker provides real users with 1 positive reviews, * neutral reviews and 2 exposure review!

EBE Broker Review

1.51

WikiFX monitor

Business

Influence E

License

No license

EBE Review 3

Latest All(3) Positive(1) Exposure(2)

Positive

My experience with EBE was a nightmare. After freezing my account without any explanation, the company disappeared with my funds. I was left feeling frustrated and betrayed, and I realized too late that I had fallen victim to a scam. EBE presented itself as a trustworthy forex broker, but it's clear now that they were only interested in taking my money.

一砂天堂

2023-03-24

Exposure

Scammer

I deposited $50 and gained $250. But they did not give the money to me.

FX2800508822

2021-08-11

Exposure

Slow withdrawals

EBE you should definitely stop the company. The withdrawal time is too long. I applied to opt-out and received an automatic reply email, but even though I asked many times via email from here, it passed for about 3 weeks. This is not a serious company. If you don't contact the agent, you can't even log out.

Foxy

2021-06-30

EBE 2025 Review: Everything You Need to Know

　　In the world of forex trading, EBE has garnered significant attention, but not all of it is positive. Based on a comprehensive analysis of various sources, EBE is characterized by a troubling lack of regulation, leading to a generally negative perception among users. Key findings indicate a high-risk environment, particularly concerning user withdrawals and customer service experiences.

　　Note: It is crucial to recognize that EBE operates under different entities across regions, which may influence user experiences and regulatory oversight. This review aims to provide a fair and accurate assessment based on available information.

Ratings Overview

Category	Rating (out of 10)
Account Conditions	3
Tools and Resources	4
Customer Service and Support	2
Trading Experience	3
Trustworthiness	1
User Experience	2

　　How We Rate Brokers: Our ratings are based on comprehensive research, user feedback, and expert analysis.

Broker Overview

　　Founded in 2021, EBE operates under the name EBE Inc. and is primarily known for offering trading services via the MetaTrader 4 (MT4) platform. Despite its relatively recent establishment, it has already attracted scrutiny due to a lack of regulatory oversight in key markets. The broker claims to provide access to various asset classes, including forex, commodities, and indices. However, the absence of a valid regulatory body raises serious concerns about user security and ethical trading practices.

Detailed Breakdown

　　Regulated Regions: EBE does not have any significant regulatory oversight, which is a major red flag for potential users. According to sources, it lacks valid regulatory information, making it a high-risk choice for traders.
　　Deposit/Withdrawal Currencies: The platform appears to support multiple currencies for deposits and withdrawals, but specific details are scarce due to the lack of regulatory clarity.
　　Minimum Deposit: The minimum deposit requirement is reported to be as low as $50, which may appeal to new traders. However, this low entry point comes with high risks.
　　Bonuses/Promotions: There is limited information about bonuses or promotional offers, which is common among unregulated brokers.
　　Asset Classes Available for Trading: EBE claims to offer a variety of trading instruments, including forex pairs, commodities, and indices. However, the lack of transparency makes it difficult to ascertain the full range of options available.
　　Costs (Spreads, Fees, Commissions): User reviews indicate that spreads can vary significantly, leading to potential hidden costs. Additionally, many users have reported issues with withdrawal fees and slow processing times.
　　Leverage: EBE offers a maximum leverage of 1:500, which can amplify both gains and losses. High leverage is a common feature among unregulated brokers, but it poses substantial risks to traders.
　　Allowed Trading Platforms: The primary trading platform available is MT4, which is widely recognized but may not be sufficient for traders seeking advanced features.
　　Restricted Regions: There is no clear information on restricted regions, but the lack of regulation suggests that traders from various countries may face issues.
　　Available Customer Service Languages: Customer service is reportedly limited, with many users expressing dissatisfaction with the support they received. The primary language for customer service appears to be English, which may not cater to a diverse clientele.

Repeat Ratings Overview

Category	Rating (out of 10)
Account Conditions	3
Tools and Resources	4
Customer Service and Support	2
Trading Experience	3
Trustworthiness	1
User Experience	2

Detailed Analysis

　　Account Conditions (3/10): EBE's account conditions are concerning. While the minimum deposit is low, the lack of regulatory oversight raises questions about the safety of funds. Users have reported difficulties in withdrawing their money, with many citing long delays and unresponsive customer service.
　　Tools and Resources (4/10): The platform offers basic tools for trading, primarily through MT4. However, the lack of educational resources and market analysis tools limits the effectiveness of these offerings for less experienced traders.
　　Customer Service and Support (2/10): Customer service experiences have been overwhelmingly negative, with users reporting long wait times and unhelpful responses. Many have expressed frustration over the inability to effectively communicate their issues.
　　Trading Experience (3/10): Users have reported a generally poor trading experience, with issues ranging from slow execution times to unexpected account freezes. The high leverage offered can lead to significant losses, especially for inexperienced traders.
　　Trustworthiness (1/10): The absence of regulatory oversight and numerous reports of withdrawal issues contribute to a low trust rating. Many users have labeled EBE as a potential scam, with several complaints regarding unresponsive customer support and lost funds.
　　User Experience (2/10): Overall user experience is marred by the lack of support and transparency. Many users have reported feeling misled by the broker's promises, leading to a lack of confidence in the platform.

　　In conclusion, the EBE review highlights significant concerns regarding the broker's legitimacy and reliability. The lack of regulation, poor customer service, and numerous negative user experiences suggest that traders should exercise extreme caution when considering EBE as a trading platform.