EBC Financial Group Review (Updated for 2024)
We tested EBC Financial Group using real-money live accounts. Our reviews are unbiased and driven purely by data collected from live account testing, regulatory data, and feedback from actual customers. No fees were charged for the review, and we maintain editorial independence in our evaluations. Learn more on our About Us page.EBC Financial Group Overall rating
Rating | Weight | |
Popularity |
3.3
|
3 |
Regulation |
5.0
|
2 |
Pricing rating |
4.6
|
1 |
User Rating |
Not rated
|
3 |
Features |
Not rated
|
1 |
Customer Support |
Not rated
|
1 |
EBC Financial Group holds a solid reputation for reliability, reflected in its expert rating of 4.1 out of 5. The broker has earned top-tier regulatory licenses from entities such as ASIC and FCA, enhancing its trustworthiness in the industry. These ratings showcase its competitive pricing and regulatory compliance, though there is still room for growth in user engagement and broader asset offerings.
Pros
- Regulated by top-tier authorities like ASIC and FCA.
- Competitive spreads, especially in forex (2.04 pips on average).
- Provides negative balance protection for most clients.
Cons
- No user reviews available to assess customer satisfaction.
- Higher-than-average swap rates compared to leading brokers.
- Limited to CFDs on forex, stocks, indices, and commodities—lacks broader asset classes like ETFs and bonds.
We tested EBC Financial Group through live accounts to ensure transparency and accuracy. All results are unbiased and derived from real-time trading data.
Trustworthiness & Regulation
EBC Financial Group, despite being a relatively new entrant (founded in 2020), holds licenses from reputable bodies like the ASIC in Australia and FCA in the UK. However, it is currently not accepting new retail accounts under these licenses. It offers services under several entities, including the Cayman Islands and Saint Vincent and the Grenadines, with different levels of leverage and client protection depending on jurisdiction.
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
EBC Financial Group (Australia) PTY Ltd* | 30 : 1 | |||||
EBC Financial Group (UK) Ltd** | up to £85,000 | 30 : 1 | ||||
EBC Financial Group (Cayman) Limited | 500 : 1 | |||||
EBC Financial Group (SVG) LLC
Saint Vincent and the Grenadines |
2000 : 1 |
Deposit Insurance
While EBC offers investor compensation schemes under its FCA-regulated entity, similar protection is not available under all jurisdictions, particularly in Saint Vincent and the Grenadines and the Cayman Islands.
EBC Financial Group Account types
Standard | Pro | |
Maximum leverage | 500:1 | |
Mobile Platform | MT4 Mobile | |
Trading platform | MT4 | |
Spread Type | Variable Spread | |
Minimum Deposit | 48 | 5000 |
Minimum Trade Size | 0.01 | |
Trailing Stops | ||
Scalping Allowed | ||
Hedging Allowed | ||
Islamic Accounts |
Standard | |
Maximum leverage | 500:1 |
Trading platform | MT4 |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 48 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
Pro | |
Maximum leverage | 500:1 |
Trading platform | MT4 |
Mobile platform | MT4 Mobile |
Spread type | Variable Spread |
Minimum deposit | 5000 |
Minimum Trade Size | 0.01 |
Trailing Stops | |
Scalping Allowed | |
Hedging Allowed | |
Islamic Accounts |
Spreads and Costs
EBC offers competitive spreads, averaging 2.04 pips for forex pairs, in line with the industry average. The broker also offers low commodity spreads, such as 0.12 for commodities. However, swaps can be higher than some competitors.
Combined Spread/Commission Costs by Asset Class Compared to Market Leading Brokers
Broker - Account Type | Crypto Average | Forex Average | Indices Average | Commodities Average |
---|---|---|---|---|
EBC Financial Group – Standard | - | 2.04 | - | 0.12 |
FBS – Standard | 24.41 | 2.13 | - | 0.19 |
IC Markets – Standard | 9.29 | 1.51 | 1.23 | 0.10 |
RoboForex – Pro | - | 1.92 | - | 0.10 |
FxPro – Standard | - | 2.56 | 3.68 | - |
ThinkMarkets – Standard | 24.73 | 3.80 | 3.02 | 0.20 |
IG – Standard | 51.55 | 2.16 | 3.23 | 0.23 |
EBC Financial Group Profile
Company Name | EBC Financial Group |
Categories | Forex Brokers, Forex Rebates |
Primary Category | Forex Brokers |
Year Founded | 2020 |
Headquarters | United Kingdom |
Office Locations | Australia, Hong Kong, Japan, Cayman Islands, Malaysia, Singapore, Thailand, United Kingdom |
Account Currency | USD |
Support Languages | Arabic, Chinese, English, Indonesian, Japanese, Korean, Portuguese, Russian, Spanish, Thai, Vietnamese |
Funding Methods | Bank Wire, China Union Pay, Credit/Debit Card, SticPay, Tether (USDT) |
Financial Instruments | Forex, Indices, Oil/Energies, Metals |
Prohibited Countries | Iran, United States |
Education
EBC Financial Group places a strong emphasis on trader education, partnering with renowned traders like Joe DiNapoli. This partnership integrates advanced tools like DiNapoli indicators and provides webinars, workshops, and seminars focused on advanced market analysis and trading strategies. Additionally, EBC regularly hosts financial literacy workshops in regions like Southern Thailand to help local traders improve their understanding of secure trading practices.
Promotions
EBC actively engages in promotional campaigns through partnerships and sponsorships, such as its collaboration with FC Barcelona, designed to increase its global visibility. Although specific trading-related promotions such as bonuses or rebates are not highlighted, the broker's recognition through awards like "Most Trusted FX Broker" and "Best CFD Broker" at the World Finance Awards 2024 reinforces its commitment to providing top-tier services.
Swap Rates and Financing Fees
EBC Financial Group's average swap rates are in line with those of industry-leading brokers, with a notable average swap rate of -2.94 compared to IC Markets' -2.27. Traders should consider these costs, especially if they plan to hold positions for extended periods.
Broker | Best | Average | NZDUSD Swap Short | NZDUSD Swap Long | USDJPY Swap Short | USDJPY Swap Long | XAUUSD Swap Short | XAUUSD Swap Long |
---|---|---|---|---|---|---|---|---|
EBC Financial Group | - | -2.94 | -0.13 | -0.12 | -2.93 | 0.86 | 15.91 | -31.23 |
FBS | - | -4.38 | -0.14 | -0.06 | -2.87 | 0.63 | 6.05 | -29.90 |
IC Markets | Best | -2.27 | -0.10 | -0.14 | -2.59 | 1.25 | 20.78 | -32.84 |
RoboForex | - | -5.81 | -0.23 | -0.30 | -3.56 | 1.22 | -3.00 | -29.00 |
FxPro | - | -4.03 | -0.14 | -0.15 | -3.33 | 1.02 | 19.15 | -40.75 |
ThinkMarkets | - | -3.27 | -0.14 | -0.14 | -2.61 | 1.08 | 19.57 | -37.37 |
IG | - | - | - | - | - | - | - | - |
Comparison to Other Brokers
While EBC Financial Group offers competitive forex and commodity spreads and is regulated by top-tier authorities, the lack of user reviews and higher swap rates may concern some traders. However, its award-winning customer service and advanced educational offerings help it stand out among newer brokers.
EBC Financial Group User Rating
EBC Financial Group reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.
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EBC Financial Group Cashback rebates
Standard | Pro | |
Forex | 0.30 Pips | $0.50 Per Lot |
Oil / Energies | 0.30 Pips | $0.50 Per Lot |
Metals | 0.30 Pips | $0.50 Per Lot |
Indices | 0.30 Pips | $0.50 Per Lot |
Payment Options |
Monthly Cash Back
|
Standard | |
Forex | 0.30 Pips |
Oil / Energies | 0.30 Pips |
Metals | 0.30 Pips |
Indices | 0.30 Pips |
Payment Options |
Monthly Cash Back
|
Pro | |
Forex | $0.50 Per Lot |
Oil / Energies | $0.50 Per Lot |
Metals | $0.50 Per Lot |
Indices | $0.50 Per Lot |
Payment Options |
Monthly Cash Back
|
Notes
What are EBC Financial Group rebates?
How do EBC Financial Group rebates work?
When a trader links their new or existing forex trading account to us, the broker pays us a volume based commission for every trade that's placed. We then pay most of this back to our clients. Unlike a few of our competitors your spreads will never increase as a result of using our service. Instead, you'll pay lower transaction costs and increase your win ratio. Ultimately, you get a better deal working with us than working only with the broker.How much EBC Financial Group rebates can I earn?
Which EBC Financial Group rebate program is the best?
Will my EBC Financial Group spreads increase?
How can it be better to work through a 'middle-man' than just working directly with EBC Financial Group?
EBC Financial Group rebates are similar in nature to a credit card rewards program. Let’s take a Visa credit card for example. When a consumer purchases something using a credit card the vendor incurs a fee of between 1.5% – 3% which they pay to Visa. Many consumers are enrolled in a credit card rewards program and receive approximately 1% cashback reward on any credit card purchase they make. Is it free money? Yes and no. It’s money the consumer would not have received if they were not signed up with the rewards program, however it’s paid for out of fees charged to the vendor who will naturally build such fees into the cost of their products.
A forex rebate provider typically has a contractual relationship with a number of different forex brokers and earns a commission for each trade placed by a trader they refer to the forex broker. The marketing benefits afforded to forex brokers by such a system are substantial, from actual referred clients to branding, added search engine visibility, etc. The rebate provider then pays the client a cash rebate from the commission they earn from the forex broker.
Are EBC Financial Group rebates worth the effort?
The biggest obstacle to any forex trader is the cost of the transaction. It may seem small, but in fact it’s the biggest factor that gives the trader less than a 50% chance of winning any particular trade. This seemingly small cost can be devastating when compounded, and in the long term if the trader relies on luck alone they are sure to continually lose on their investment. EBC Financial Group rebates reduce the cost of the transaction and increases a trader’s probability of winning. Still, a trader must rely on their trading skill to close the remainder of the gap.
Why don't you offer more forex rebate brokers?
We have chosen to focus on the more reliable, competitive and trustworthy brokers. If we were to add every forex broker that approached us we would have at least several hundred. Currently we have a relationship with all of the most popular broker’s across the globe. As a customer-focused company our paramount concern is that we send clients to broker’s where they will be able to withdraw their funds easily when the time comes; and experience fair trading conditions and good customer service.
EBC Financial Group Regulation / Money Protection
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
---|---|---|---|---|---|---|
EBC Financial Group (Australia) PTY Ltd* | 30 : 1 | |||||
EBC Financial Group (UK) Ltd** | up to £85,000 | 30 : 1 | ||||
EBC Financial Group (Cayman) Limited | 500 : 1 | |||||
EBC Financial Group (SVG) LLC
Saint Vincent and the Grenadines |
2000 : 1 |
EBC Financial Group Symbols
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