Global Broker Regulation Inquiry App
WikiFX
Mansuber007
1-2 years

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

Broker Issues
EBSI
Fees and Spreads
09-04
United States
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.

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com