Ebury
Pros and Cons
Pros
- Regulated by FCA, Bank of Spain, Bank of Portugal, NBB, and DFSA
- Diverse trading instruments: Forex, Commodities, Indices, Stocks, and Cryptocurrencies
- User-friendly online trading platform with comprehensive tools
- Multilingual customer support available through various channels
- Client funds protected through segregated accounts
Cons
- Limited trading instruments compared to other brokers
- High-pressure sales environment may deter some traders
- Inactivity fees may apply for dormant accounts
- Poor employee benefits and pension scheme
- Limited educational resources for traders
Basic Information
User Reviews
Ebury Overview
Ebury, established in the United Kingdom, has been operating for over 5 to 10 years, providing a range of financial services designed to facilitate international trade. As a regulated entity under the Financial Conduct Authority (FCA), Ebury is committed to maintaining high standards of compliance and financial integrity, which enhances its credibility in the forex broker market. This regulatory oversight ensures that clients can trade with confidence, knowing that their transactions are governed by strict financial regulations.
Ebury specializes in forex trading, offering a comprehensive platform that supports various trading instruments and services. The broker is known for its user-friendly online platform, which includes tools for managing payments, collections, and risk management, making it easier for businesses to navigate global financial transactions. Ebury emphasizes customer support, available in multiple languages through various channels, ensuring that traders receive timely assistance. With a focus on empowering businesses to operate internationally, Ebury stands out for its dedication to simplifying cross-border trade while providing tailored solutions to meet diverse client needs.
Is Ebury Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Financial Conduct Authority (FCA) | United Kingdom | Segregated Funds |
| Bank of Spain | Spain | Segregated Funds |
| Bank of Portugal | Portugal | Segregated Funds |
| National Bank of Belgium (NBB) | Belgium | Segregated Funds |
| Dubai Financial Services Authority (DFSA) | United Arab Emirates | Segregated Funds |
Is Ebury Regulated and How Are Client Funds Protected?
Ebury is a regulated entity under the Financial Conduct Authority (FCA) in the United Kingdom, ensuring a high level of compliance and financial integrity. Additionally, Ebury has received licenses from the Bank of Spain and the Bank of Portugal, as well as the National Bank of Belgium and the Dubai Financial Services Authority. These regulatory bodies oversee Ebury’s operations, enhancing its legitimacy and trustworthiness in the financial market.
Client funds are protected through segregation, meaning that client deposits are kept separate from the broker’s own funds, reducing risk in the event of financial difficulties. This regulatory framework provides clients with the confidence to engage in international trading while ensuring that their investments are safeguarded by strict financial regulations.
Trading Products and Services
What trading instruments does Ebury offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, Major & Minor Pairs | Many |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US (e.g. Apple, Tesla), UK (e.g. BP, Vodafone) | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
Ebury offers a diverse range of trading instruments across multiple asset categories, including Forex, Commodities, Indices, Stocks, and Cryptocurrencies. This variety caters to different types of traders, from beginners seeking basic trading opportunities to professionals looking for comprehensive tools for advanced strategies. The inclusion of various asset classes allows traders to build diversified portfolios, enabling them to manage risks effectively and adapt their trading strategies based on market conditions. With Ebury’s focus on facilitating international trade, users can access a versatile platform that supports their trading needs in today’s dynamic financial markets.
Account Types and Trading Conditions
What Account Types and Fees Does Ebury Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginner to intermediate traders | User-friendly platform with basic trading tools | Suitable for individual clients with small to medium capital |
| Professional Account | Experienced traders | Advanced tools and features, higher trading limits | Requires trading volume qualifications |
| Corporate Account | Businesses and corporate clients | Custom solutions for international trade | Requires corporate documentation |
| Islamic Account | Clients seeking Sharia-compliant trading | Swap-free trading options | Available for clients who meet specific criteria |
| Demo Account | New and inexperienced traders | Practice trading without real financial risk | Ideal for testing the platform’s features |
Account Opening Process
To open an account with Ebury, potential clients must complete several steps. Initially, you will need to submit personal information, including your name and contact details. Following that, you will provide employment information, detailing your current occupation and employer. Financial information, such as your source of income and financial status, is also required. To comply with regulatory standards, identity verification is necessary, which includes submitting a valid ID and proof of address. Ebury allows flexibility in account management, enabling clients to upgrade their accounts (for example, from a Retail to a Professional Account) as their trading needs evolve.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | Varies | Tight spreads for major currencies |
| Forex (Minor Pairs) | Varies | Varies | Competitively priced spreads |
| CFDs (Stocks) | Varies | Varies | Depends on the specific stock |
| CFDs (Indices) | Varies | Varies | Market-dependent pricing |
| CFDs (Commodities) | Varies | Varies | Competitive rates for commodities |
| Cryptocurrencies | Varies | Varies | Dependent on market conditions |
Other Fees
In addition to trading fees, clients should be aware of various other costs associated with their accounts. These may include deposit and withdrawal fees, which can vary based on the method used. Inactivity fees might apply if an account remains dormant for an extended period. There could also be platform usage fees, depending on the services utilized. Clients should consider the implications of overnight interest (swap rates) on their positions and be aware of any currency conversion fees that may apply when transacting in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Ebury Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| Web Version | Windows, macOS | Secure login, market search, multiple order types, price alerts, technical indicators | Demo account, enhanced reporting |
| Mobile App | iOS, Android | Secure login, one-click trading, push notifications, symbol lookup | Demo account |
| API Integration | Web-based | Automated trading, secure access, custom solutions | Easy setup, tailored integrations |
Ebury’s trading platforms cater to a variety of user needs. The Web Version provides robust tools for in-depth market analysis and reporting, making it suitable for those who prefer desktop trading. The Mobile App offers convenience for on-the-go trading with functionalities like price alerts and quick order execution. For more advanced users, the API Integration allows seamless automation and customization, enhancing operational efficiency. Ebury prioritizes secure logins and reliable infrastructure across all platforms, ensuring traders can execute transactions safely and efficiently.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min 50, Max 20k/day | EUR, GBP, USD |
| SEPA Transfer | 1-2 days | No platform fee | Min 50, Max 30k/day | EUR |
| Credit/Debit Card | Instant | No platform fee, but 2% charge for international cards | Min 50, Max 10k/day | EUR, GBP |
| e-Wallet (e.g., PayPal) | Instant | No platform fee, 1.5% charge on deposits | Min 50, Max 15k/day | EUR, GBP, USD |
Minimum Deposit
Ebury requires a minimum deposit of 50, which applies to all account types. This amount remains consistent regardless of the payment method or region, ensuring accessibility for both new and existing clients.
How to Withdraw
To withdraw funds from your Ebury account, follow these steps: 1. Log in to your Ebury account. 2. Navigate to the ‘Withdrawal’ section of the platform. 3. Select your preferred payment method from the available options. 4. Enter the amount you wish to withdraw, ensuring it adheres to the limits set for your selected method. 5. Confirm your request, and you will receive a notification once your withdrawal is processed.
Customer Support
Ebury Customer Support Overview
Support Channels
Ebury provides multiple contact methods to assist customers effectively. Clients can reach out via:
- Email: Customers can contact support through designated email addresses based on their region, ensuring tailored assistance.
- Live Chat: Immediate support is available through the live chat feature on Ebury’s platform, allowing for quick resolution of inquiries.
- Telephone: Ebury offers telephone support, enabling clients to speak directly with customer service representatives.
- Social Media: Ebury is active on various social media platforms, providing another avenue for customers to seek help.
Service Availability
Ebury’s customer support operates during business hours, ensuring clients receive assistance when needed. Multilingual support is available, accommodating various languages to cater to a diverse clientele.
Additional Resources
Ebury enhances customer service with educational resources, including video tutorials and market analysis, which help clients better understand trading and financial services.
Frequently Asked Questions
Ebury is regulated by the Financial Conduct Authority (FCA) in the United Kingdom and other regulatory bodies, which ensures high standards of compliance and financial integrity. Client funds are protected through segregation, meaning that client deposits are kept separate from the broker’s own funds. This reduces risk in the event of financial difficulties and provides clients with confidence in their investments.
Ebury offers several account types to cater to different traders, including Retail Accounts for beginner to intermediate traders, Professional Accounts for experienced traders, Corporate Accounts for businesses, Islamic Accounts for clients seeking Sharia-compliant trading, and Demo Accounts for new and inexperienced traders to practice without financial risk.
If you experience problems with your withdrawal, it’s recommended to log in to your Ebury account and navigate to the ‘Withdrawal’ section. Ensure that you follow the process correctly and meet the limits for your selected payment method. If issues persist, you can contact Ebury’s customer support via email, live chat, or telephone for assistance.
Yes, Ebury requires a minimum deposit of 50, which applies to all account types. This amount remains consistent regardless of the payment method or region, making it accessible for both new and existing clients.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.