WikiFX

Sagot

From my experience as a trader, verifying a broker’s regulatory oversight is absolutely non-negotiable, particularly with institutions offering complex services like Ebury. In Ebury’s case, they are indeed regulated in the United Kingdom, and this falls under the supervision of the UK Financial Conduct Authority (FCA). Ebury reportedly holds a Payment License and an Investment Advisory License with the FCA, which signals baseline regulatory engagement. However, I can’t ignore that their WikiFX report states both licenses are marked as “Exceeded.” This is a term that concerns me—typically, such a designation suggests the firm’s scope of activities may be outside what their current licenses officially allow, so there could be compliance gaps or evolving regulatory issues. While FCA oversight generally means adherence to a robust framework and good customer protection standards, the “Exceeded” licensing status, combined with risk alerts and warnings about high potential risk, made me approach with caution. For me, comprehensive transparency and up-to-date regulatory status are key, as lapses may affect the safety of client funds. In short, Ebury does operate under the FCA’s regulatory domain, but for any trader or business, I think it’s wise to independently check on the very latest licensing details and risk indicators before proceeding. This careful approach is important given the YMYL nature of financial platforms.