EBX Markets is a forex broker officially registered on May 29, 2023. This broker provides users with a wide range of trading markets through platforms such as MT4, MT5, and cTrader, including forex, commodities, indices, bonds, digital currencies, stocks, futures, etc. However, it does not operate in the United States, Canada, Israel, New Zealand, Japan, and Iran, among other locations.
Corporate Registration Information and Regulatory Status:
Public information on the EBX Markets official website reveals that the broker's headquarters is in Sydney, with the registered entity being International Capital Markets Pty Ltd, ACN number 123 289 109. This entity is authorized and regulated by the Australian Securities and Investments Commission (ASIC), with license number 335 692. Additionally, at the bottom of the broker's page, it is claimed that IC TRADE MARKET is regulated by the U.S. Commodity Futures Trading Commission (CFTC), the Belize Financial Services Commission (IFSC), and the Cyprus Securities and Exchange Commission (CySEC), with headquarters in New York.
Upon verification, it was found that International Capital Markets Pty Ltd is the registered entity for the broker IC Markets in Australia, and IC TRADE MARKET is actually also IC Markets. Both have no relation to EBX Markets.
Opening an Account:
To open an account with EBX Markets: Navigate to the homepage of the broker's official website, click on “OPEN AN ACCOUNT” to enter the registration page, fill in the personal registration information as required and submit. Once submitted, the account will be successfully registered.
Trading Accounts:
The EBX Markets official website offers users three different types of trading accounts: Raw Account, cTrader Raw Spread Account, Standard Account and the corresponding Islamic accounts. However, details cannot be accessed as the trading account page does not open.
Trading Platforms:
The EBX Markets official website claims to offer trading platforms such as MT4, MT5, and cTrader, but their details pages do not open, and no broker named EBX Markets can be found on these platforms.
Deposits and Withdrawals:
EBX Markets supports deposits and withdrawals using credit/debit cards, electronic wallets, and other methods.
Conclusion:
Traderknows reminds investors that EBX Markets is actually an unregulated scam website. Investors are advised to choose brokers with transparent information, strong regulation, and a good reputation for their investment and trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as "suspected fraud" on Traderknows.
