According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $5,000
- MetaTrader4
- FXTrader PRO
- SFC
Our Evaluation of EBSI Forex
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
EBSI Forex is a moderate-risk broker with the TU Overall Score of 5 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by EBSI Forex clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
EBSI Forex is not oriented towards beginners, as it does not provide trading education, does not offer cent accounts, and requires a large deposit to start trading Forex. What is not in doubt is its reliability and responsible work following all the requirements of the financial regulator in Hong Kong.
Brief Look at EBSI Forex
EBSI Forex is part of the Everbright Securities International group, whose shares are listed on the Shanghai Stock Exchange (SSE) and the Hong Kong Stock Exchange (HKEX). The Forex division was established in 2010 and provides brokerage services to residents of Asia and other countries, except the USA. EBSI Forex operates under its regulator, the Securities and Futures Commission of Hong Kong (SFC). EBSI Forex specializes in the currency market and fast money transfers. Clients have access to trading 38 currency pairs with leverage up to 1:20 in the proprietary platform by FxPro and the classic MetaTrader 4.
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- High reliability due to the strict regulation in Hong Kong;
- The parent holding company has been operating for over 55 years;
- STP (Straight Through Processing) and DMA (Direct Market Access) execution models with direct market access without intermediaries;
- Accounts with fixed and floating spreads;
- No additional trading fees on any transactions;
- Choice of trading platform;
- Access to copy trading and algorithmic trading using expert advisors (EAs).
- Limited selection of trading instruments — only currency pairs, no access to trading CFDs on indices, stocks, metals, and other assets;
- The initial deposit amount is from $5,000 or its equivalent in another currency;
- High spreads, especially when trading on the FXTrader PRO platform;
- Opening an account with the EBSI Forex is only possible in its office.
TU Expert Advice
Financial expert and analyst at Traders Union
EBSI Forex operates on an STP (Straight Through Processing) model, meaning that all client orders are executed by liquidity providers, not the broker. The company claims to have no requotes and high order execution speed in any market situation, even during news releases and increases in volatility. EBSI Forex offers accounts with both floating and fixed spreads, allowing its clients to trade according to the most optimal scenario for them.
The broker allows trading exclusively with currency pairs, but their assortment is not very wide. There are only 38 of the most traded pairs. Access to CFDs is closed, which does not allow diversifying the portfolio and reducing overall risks. However, EBSI Forex is a regulated broker with a license, which ensures the high security of its clients' funds and the responsible fulfillment of all obligations.
TU analyzed EBSI Forex's fees and compared them with the fees of brokers from the top 3 rankings of TU. The result of the study: EBSI Forex's fees are higher than those of popular companies. This conclusion is based on the overall structure of fees and trading conditions offered by each of the brokers. This aspect is of great importance for those who are focused on optimizing costs and selecting the optimal broker for them.
EBSI Forex Trading Conditions
Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. EBSI Forex and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
| 💻 Trading platform: | FXTrader PRO, MetaTrader 4 |
|---|---|
| 📊 Accounts: | Demo, MT4, FXTrader PRO |
| 💰 Account currency: | HKD, USD, EUR, GBP, SGD, AUD, JPY, and others |
| 💵 Deposit / Withdrawal: | Bank transfer, Global Payments |
| 🚀 Minimum deposit: | $5,000 |
| ⚖️ Leverage: | Up to 1:20 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,10 pips |
| 🔧 Instruments: | Forex - 38 currency pairs |
| 💹 Margin Call / Stop Out: |
Margin call: when balance falls below 3% of the contract's gross value Stop out: when the balance falls below 1% of the contract's gross value |
| 🏛 Liquidity provider: | Macquarie Bank and other major quote providers |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Market; instant |
| ⭐ Trading features: | Accounts with variable and fixed spreads are available |
| 🎁 Contests and bonuses: | No |
EBSI Forex specializes in trading currency pairs and does not support CFD transactions. The type of spread depends on the type of account and whether the spreads are fixed or floating. Trading hours on EBSI Forex platforms are according to Hong Kong time, which is from 5:00 to 5:00 in summer and from 6:00 to 6:00 in winter. The market is open from Monday to Saturday. If the account is opened in Hong Kong, one of the 15 currencies can be used as the base currency. An international account can be opened in USD, EUR, GBP, or SGD. The currency for all settlements is the USD.
EBSI Forex Key Parameters Evaluation
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Trading Account Opening
To open an account with EBSI Forex, you can only do so at their office. To do this, make an appointment in advance by phone or through a feedback form. During a phone call, a company representative will inform you of the documents you need to bring with you. On the EBSI Forex website, in the "Open an Account" section, samples of forms for opening individual, joint, and corporate accounts are provided.
Regulation and safety
EBSI Forex has a safety score of 8/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Track record of less than 8 years
EBSI Forex Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 SFC HK |
Securities and Futures Commission of Hong Kong | Hong Kong | No specific fund | Tier-1 |
EBSI Forex Security Factors
| Foundation date | - |
| Negative balance protection | Yes |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker EBSI Forex have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
- Inactivity fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of EBSI Forex with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, EBSI Forex’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
EBSI Forex Standard spreads
| EBSI Forex | Pepperstone | OANDA | |
| EUR/USD min, pips | 1,3 | 0,5 | 0,1 |
| EUR/USD max, pips | 1,5 | 1,5 | 0,5 |
| GPB/USD min, pips | 1,6 | 0,4 | 0,1 |
| GPB/USD max, pips | 2,1 | 1,4 | 0,5 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
EBSI Forex RAW/ECN spreads
| EBSI Forex | Pepperstone | OANDA | |
| Commission ($ per lot) | 3,00 | 3 | 3,5 |
| EUR/USD avg spread | 0,10 | 0,1 | 0,15 |
| GBP/USD avg spread | 0,15 | 0,15 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with EBSI Forex. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
EBSI Forex Non-Trading Fees
| EBSI Forex | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 10 | 0 | 0 |
Account types
Opening an account with EBSI Forex is the first step to start trading with the broker. The fee size will depend on which platform the account was created. The minimum deposit amount in any case is $5,000 or its equivalent in another currency. The leverage size is also the same for all accounts, which is 1:1-1:20.
Account Types:
Demo versions of MT4 and FXTrader PRO platforms are also available. They can be requested on the broker's website through a special form or opened directly in the trading platforms. Trading on demo accounts does not require the deposit of real money, as transactions are made in a simulator using funds allocated by the broker, which are conditional.
EBSI Forex is a regulated Forex broker whose conditions may interest experienced traders using STP technology for trading on the over-the-counter foreign exchange market.
Deposit and withdrawal
EBSI Forex received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
EBSI Forex offers limited payment options and accessibility, which may impact its competitiveness.
- No deposit fee
- Minimum deposit below industry average
- No withdrawal fee
- Supports 5+ base account currencies
- BTC payments not accepted
- BTC not available as a base account currency
- Limited deposit and withdrawal flexibility, leading to higher costs
What are EBSI Forex deposit and withdrawal options?
EBSI Forex offers a limited selection of deposit and withdrawal methods, including Bank Wire. This limitation may restrict flexibility for users, making EBSI Forex less competitive for those seeking diverse payment options.
EBSI Forex Deposit and Withdrawal Methods vs Competitors
| EBSI Forex | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | No | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | No | No | No |
What are EBSI Forex base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. EBSI Forex supports the following base account currencies:
What are EBSI Forex's minimum deposit and withdrawal amounts?
The minimum deposit on EBSI Forex is $100, while the minimum withdrawal amount is $5000. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact EBSI Forex’s support team.
Markets and tradable assets
EBSI Forex offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 38 Forex pairs.
- Copy trading platform
- Multiple markets
- Small selection of currency pairs
- Bonds not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by EBSI Forex with its competitors, making it easier for you to find the perfect fit.
| EBSI Forex | Plus500 | Pepperstone | |
| Currency pairs | 38 | 60 | 90 |
| Total tradable assets | 2800 | 1200 | |
| Stocks | No | Yes | Yes |
| Commodity futures | No | Yes | Yes |
| Crypto | No | Yes | Yes |
| Stock indices | No | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products EBSI Forex offers for beginner traders and investors who prefer not to engage in active trading.
| EBSI Forex | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | No | Yes | Yes |
| Copy trading | Yes | No | Yes |
| PAMM investing | No | No | Yes |
| Managed accounts | No | No | No |
Customer support
Client service hours for Forex traders: from 6:00 on Monday to 5:00 on Saturday (GMT+8).
Advantages
- Round-the-clock support on days when the foreign exchange market is open
- Hotline for Forex traders
Disadvantages
- Real-time communication with the company is not available
- Slow response time via email
If a trader has a question, they can ask it:
-
By calling the hotline;
-
In an email.
The contact section contains a form for receiving responses by phone or email. When filling it out, specify the subject of the request, and you can also choose the time for a callback.
Contacts
| Registration address | CES Forex (HK) Ltd, 28/F Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong |
|---|---|
| Regulation | SFC |
| Official site | https://www.ebshkforex.com/en/ |
| Contacts |
+852 3920 2720
|
Education
Creating educational content is not a priority activity for EBSI Forex. The broker provides trading services and focuses on client support rather than education. The FAQs section is designed to assist clients in understanding the services and platforms offered by EBSI Forex.
The broker offers demo accounts where clients can trade with virtual funds. This is an excellent way to practice and test strategies without the risk of losing real money.
Comparison of EBSI Forex with other Brokers
| EBSI Forex | Eightcap | XM Group | RoboForex | VT Markets | TeleTrade | |
| Trading platform |
MetaTrader4, FXTrader PRO | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MetaTrader4, MetaTrader5, VT Markets App, Web Trader+ | MT4, MT5 |
| Min deposit | $5000 | $100 | $5 | $10 | $50 | $10 |
| Leverage |
From 1:1 to 1:20 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:1000 |
| Trust management | No | No | No | No | Yes | No |
| Accrual of % on the balance | No | No | No | 10.00% | No | 1.00% |
| Spread | From 1.1 point | From 0 points | From 0.8 points | From 0 points | From 0 points | From 0.2 points |
| Level of margin call / stop out |
3% / 1% | 80% / 50% | 100% / 50% | 60% / 40% | No / 50% | 70% / 20% |
| Order Execution | Market Execution, Instant Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | Yes | No | Yes |
Detailed review of EBSI Forex
EBSI Forex provides continuous streaming of real-time quotes, which are updated according to market changes. They are supplied by the largest liquidity providers in Forex. Requotes are excluded, even in cases of high market volatility. EBSI Forex operates on an STP model and offers several types of pricing depending on a client’s trading volume. The broker ensures ultra-fast execution and the security of client funds.
EBSI Forex by the numbers:
-
Doing business for over 14 years;
-
Number of trading instruments: 38 currency pairs;
-
Number of base account currencies: 15.
EBSI Forex is a broker for currency trading using STP and DMA models
EBSI Forex clients are offered a choice of two trading platforms, which are FxPro’s proprietary FXTrader PRO version and MetaTrader 4. Both are available in desktop versions, but only MT4 applications can be used for mobile trading. The broker does not offer web platforms. If a trader uses FXTrader Pro, they have access to working with one-cancel-the-other and stop limit orders, and direct market access (DMA). This ensures almost instant execution at the best bid and ask prices.
The MT4 platform allows placing market orders as well as limit and stop orders with expiration of "till canceled" or until a manually chosen date. Both trading platforms support two-factor authentication (2FA) and one-click trading. Additionally, the trader can enable trade execution notifications to restrict unauthorized trading.
Useful functions of EBSI Forex:
-
Real-time Forex quotes. They allow assessing the market situation without entering the trading platform. They are broadcasted on the broker's website in the "Rates and Instruments" section;
-
Online Global Payments money transfer platform. With its help, payments can be made in 15 currencies via bank transfer, but with higher speeds and without additional fees;
-
Demo accounts. They provide traders with the opportunity to practice trading on financial markets using virtual funds;
-
Market reviews. A daily informational bulletin with important market data on currencies is published on the company's website.
Advantages:
Provision of free trading signals for MT4;
Segregation of clients’ funds, which is a method of asset protection;
Increase in potential profit through the use of leverage provided by the broker;
Round-the-clock support on Forex trading days;
Absence of requotes and fast order execution speeds;
Clients are provided with fresh market information and specialized support via phone and email. They can also use advanced charts and analytical data.
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