EBSI

Mansuber007

1-2 years

Does EBSI charge a commission per lot on their ECN or raw spread accounts?

WikiFX Reply

Based on my experience and the information currently available, I could not find any clear details specifying whether EBSI charges a commission per lot on ECN or raw spread accounts. EBSI holds a full license for the MetaTrader 4 platform and is regulated by the Securities and Futures Commission (SFC) in Hong Kong, which reflects a certain standard of credibility and oversight. However, the WikiFX data does not explicitly outline the fee structure for trading accounts, particularly regarding commission charges per lot for ECN or raw spread setups. In my own trading, having a transparent commission policy is crucial for cost management, especially when trading on ECN accounts where commissions are typically separate from spreads. The lack of clarity in EBSI’s publicly stated information raises concerns, as it's important for traders to have a complete understanding of all fees before committing funds. Given that EBSI also has an unverified HKGX license and is noted for a "medium potential risk," I would be especially cautious and would seek direct clarification from the broker’s support channels before opening or funding an account. For me, transparency and full disclosure on trading costs are essential when considering any broker for serious forex trading.

Broker Issues

EBSI

Fees and Spreads

09-04

United States

Prash_007

1-2 years

Are there any payment methods on EBSI that support immediate withdrawals?

WikiFX Reply

Drawing from my experience as a trader and careful research into EBSI, I find it important to be prudent when evaluating withdrawal speed and payment methods. EBSI emphasizes regulatory oversight under the SFC in Hong Kong, which generally reinforces customer protections and operational standards. However, based on all available information from EBSI’s own resources and recent user feedback, there is no clear evidence indicating that EBSI supports any immediate or instant withdrawal methods. For me, withdrawal speed is a significant consideration when choosing a broker. According to a recent user review, although fund withdrawals were ultimately credited to their bank, the process involved pending approval from the finance department and required phone contact for updates, especially since the website’s live chat function was unavailable. No mention was made of instant withdrawal options or real-time fund transfers. In my view, the fact that an experienced client needed to follow up via phone suggests that immediate processing cannot be depended upon. Furthermore, as EBSI’s primary payment processing apparently routes through traditional banking, standard wait times and internal reviews are the norm rather than exceptions. As a cautious trader, I interpret this as a signal to carefully read the broker’s terms and possibly discuss expectations directly with their support team before depositing significant capital, as liquidity and prompt withdrawals are essential for financial security. For now, I have not found any confirmation that EBSI offers instant withdrawal solutions.

Broker Issues

EBSI

Deposit

Withdrawal

09-02

United States

Nagarjuna

1-2 years

Is a free demo account available with EBSI, and if so, are there any restrictions such as a time limit?

WikiFX Reply

Based on my own experience and the feedback I have gathered from EBSI’s available resources, I can confirm that EBSI does offer a free demo account. This demo account closely replicates the conditions of a real trading environment, which I find useful when I want to test out new strategies without putting real capital at risk. The demo platform’s features mirror those of the live platform, an approach I appreciate for its practicality, especially for traders who value risk management and careful practice. From the perspective of usability, the main distinction I noticed is that the data updates on the demo account can be somewhat slower compared to the live environment. For me, this minor lag is not particularly disruptive, especially if my goal is education or rehearsal rather than high-frequency practice. Importantly, there do not appear to be explicit, short-term time restrictions on the demo account, allowing a new trader or someone like me who cycles between real and simulated trading to use it flexibly. In summary, in my daily trading workflow, having a demo account like EBSI’s—one that is functionally very similar to the live environment and lacks stringent time limits—provides a valuable, low-pressure setting to evaluate strategies and familiarize oneself with the platform. Nevertheless, I always recommend verifying with customer support for the most current conditions in case the broker updates its demo policies over time.

Broker Issues

EBSI

Instruments

Platform

Leverage

Account

08-21

United States

Xxpro

1-2 years

Can you tell me the typical spread for the EUR/USD currency pair on EBSI’s standard account?

WikiFX Reply

Based on my detailed evaluation of EBSI, I was not able to locate any specific disclosure of typical spreads for the EUR/USD currency pair on their standard account. While EBSI is firmly established in Hong Kong and regulated by the SFC, which gives a level of operational credibility, I always consider access to transparent trading costs as fundamental when choosing a broker. The available information suggests that EBSI offers MetaTrader 4 with full licensing, indicating they have the infrastructure to provide competitive trading conditions, but without a clear, published average spread or range for EUR/USD, I personally find it difficult to assess the true cost of trading with this broker. Whenever a broker does not clearly publish concrete data on spreads, especially for such a widely traded pair, I exercise additional caution. In my experience, spread transparency isn’t just a convenience—it speaks to a broker’s general attitude toward client information and fairness. As a trader, I would recommend directly contacting their support team to obtain up-to-date spread information before opening a live account, rather than relying on assumptions or general MT4 performance claims. This cautious approach helps ensure you fully understand your potential costs and risks.

Broker Issues

EBSI

Fees and Spreads

07-16

United States