Is EBC Legit? Regulation, Which Entity Holds Your Account, and the Risks

Short answer: EBC is a real group of companies and one of them, EBC Financial Group (Australia) Pty Ltd, holds ASIC licence 500991, which we confirmed on ASIC’s official dataset. But ebc.com is owned by EBC Financial Group (SVG) LLC in St Vincent and the Grenadines, and its Terms and Risk Disclosure come from that company. The St Vincent regulator says it does not issue forex or brokerage licences, and EBC says the Australian company gives no recourse for products on its website. Treat a global EBC account as an offshore account with no UK, Australian or Cayman protection.

EBC’s trust profile in four points. Source: ASIC dataset, St Vincent FSA, EBC website and legal documents, October 2026.

What “legit” can and cannot mean

Three questions sit under it. Is EBC a real company with real licences? Yes for some group companies. Do those licences protect you? Only if your account is with the licensed company. And will you make money? No broker can answer that, and CFDs are high-risk.

What we could check, and what failed

Check	Result
ASIC Australian Financial Services licensee dataset (updated 30 September 2026)	Found: EBC FINANCIAL GROUP (AUSTRALIA) PTY LTD, licence 500991, ABN 39619073237 in the file, licence start 24 January 2018, covering derivatives and foreign exchange contracts for retail and wholesale clients
St Vincent and the Grenadines FSA, Entity Name Search (updated 28 September 2026)	Found: EBC Financial Group (SVG) LLC, number 353, type LLC (Limited Liability Company), status Active, incorporated 4 May 2020, registered agent Euro-Caribbean Trustees Ltd
St Vincent FSA notices on forex licences	The Authority says it does not issue forex licences (see below)
FCA register (UK entity, 927552)	Could not verify. The register page loads as a script-driven app that returned no entry to us
CIMA register (Cayman, 2038223)	Could not verify. The search form rejected our request
FSCA register (South Africa, 51541)	Could not verify. The register host did not respond
Mauritius FSC (GB24203273)	Could not verify. The site returned an access error (HTTP 403)
Financial Commission membership	Could not verify. financialcommission.org did not resolve from our network
RBI Alert List, updated 19 November 2025	EBC not named

On the ASIC row, we used the licensee dataset that ASIC publishes on data.gov.au, not ASIC’s search page. EBC’s homepage gives the Australian company’s ACN as 619 073 237, and the dataset shows it with the ABN 39 619 073 237. The “could not verify” rows mean we saw no register entry, not that the entry is missing. Look the numbers up yourself.

The EBC entities

EBC says on its homepage that “EBC Financial Group is a co-brand shared by a group of entities” (source). It lists:

Entity	Regulator as stated by EBC	Number
EBC Financial Group (SVG) LLC	St Vincent and the Grenadines FSA (“authorised”)	Company 353 LLC 2020
EBC Financial Group (UK) Limited	Financial Conduct Authority	927552
EBC Financial Group (Cayman) Limited	Cayman Islands Monetary Authority	2038223
EBC Financial Group SA (Pty) Ltd	FSCA, South Africa	FSP 51541
EBC Financial (MU) Limited	Financial Services Commission, Mauritius	GB24203273
EBC Financial Group (Comoros) Limited	Anjouan Offshore Finance Authority	L 15637/EFGC
EBC Financial Group (Australia) Pty Ltd	ASIC	500991

Which entity holds your account

The Website Terms say EBC Financial Group (SVG) LLC “is the owner of www.ebc.com” (source). The Risk Disclosure and the Execution Policy are also issued by it (source), and the homepage footer reads “© 2026, EBC Financial Group (SVG) LLC” (source). The homepage compliance note says the website “is not specific to any entity” and that your “actual rights and obligations will be determined based on the entity and jurisdiction that you choose to be regulated”. EBC does not say how clients are assigned.

The Australian and UK companies. EBC says the Australian company “is a related entity of EBC Financial Group (SVG) LLC”, that the two are managed separately, that the products and services on this website “are NOT provided by the Australian entity”, and that “no recourse against the Australian entity is available”. For the UK company, EBC’s security page says it serves professional clients only, and ties UK FSCS cover of up to GBP 85,000 to that firm (source). So for a client using ebc.com, the ASIC and FCA licences are a group credential, not your protection.

What the St Vincent regulator says

EBC states that the SVG entity “is authorised by the St.Vincent and the Grenadines Financial Services Authority”, with the registration number 353 LLC 2020, and gives no licence number or category.

The Authority’s own register confirms the company exists and is active, as in the table above. It is a registration as a limited liability company. The register lists entity type, status, incorporation date and registered agent, and shows no licence category.

The Authority’s public notices go further. In a notice dated 2 February 2026 it says it “does NOT issue licences for Forex trading or brokerage activities in this jurisdiction” and “does NOT regulate or license Business Companies (BCs) or Limited Liability Companies (LLCs) engaged in Forex trading or brokerage”. It adds that such companies “MUST obtain the appropriate licence or authorisation from the jurisdiction(s) in which its clients are located” (source). A notice from 14 October 2025 says supervision goes no further than checking that companies comply with the Business Companies Act and the LLC Act (source).

These notices name other entities, not EBC, and we are not saying EBC claims a licence it does not hold. We are saying that we found no licence for forex dealing issued by the St Vincent regulator to EBC, and that the regulator says it does not issue them. If you hold an account with the SVG entity, ask EBC in writing which authority licenses your account, and under what number.

Client money and counterparty risk

EBC says funds are segregated, and that its UK and Cayman companies hold Barclays corporate accounts (source). Those two companies are not the one behind ebc.com. For the SVG entity, the Risk Disclosure says:

• “The Client Money shall be held on trust by us for the Client” and “segregated from our bank account at all times” (clause 5.4).
• But “We may hold the Client Money and the money of other clients in the same account and it might not be possible to segregate the Client’s Money from the other client” (clause 5.4).
• If a bank or third party fails, “the Client may be forced to liquidate its positions or may lose the money deposited” (clause 5.6).
• In EBC’s own insolvency, “the Client may not fully recover the funds or properties deposited in the Account” (clause 7.2.4.27).

The funding page calls fund safety “fully guaranteed”, and says funds sit in segregated accounts with top-tier insurance (source). The Risk Disclosure, which is the legal document, does not use that language. Weigh the document above the marketing.

The Execution Policy says “We act as a principal and not as an agent” and that EBC is the sole execution venue and counterparty to your trades. That is common for CFD brokers, but you carry EBC’s own credit risk.

Compensation and complaints

EBC says the SVG entity is a member of the Financial Commission, whose Compensation Fund offers cover of up to EUR 20,000 per client, subject to its terms (source). We could not open the Financial Commission’s website, so we have not verified the membership or the fund’s rules. The UK FSCS figure applies to the UK firm. The insurance EBC lists (directors and officers, cyber, professional indemnity and QBE cover) protects the companies, and EBC does not say it covers your trading losses.

To complain, the help centre says to email [email protected] (source). It does not name a regulator or ombudsman to escalate to.

Other risks and fake-site warnings

• Negative balances. EBC resets a negative balance to zero only if you apply, only between minus USD 1,000 and zero, and says it “does not provide unlimited protection” (source). See our EBC leverage page for Ultra Leverage, which can go to 1:Unlimited.
• Impersonators. EBC’s help centre says it never asks for passwords through websites, email or chat, does not send investment or deposit links, and that you can paste a suspect link into its Official Verification Centre (source).
• Withdrawal rules. See EBC withdrawal.

Where EBC is not available

EBC does not serve citizens or residents of the United States, Canada, Malaysia, Russia, Ukraine and 21 other listed jurisdictions, per a help centre list updated on 12 September 2026 (source). We do not recommend offshore brokers to US residents.

India. We did not find EBC on the RBI Alert List updated 19 November 2025. That does not make it authorised in India. Under FEMA, Indian residents may trade forex only through RBI-authorised routes, so check the rules before opening an account.

Bottom line

EBC is a real group with an ASIC licence we confirmed. For a client on ebc.com, though, the contract is with a St Vincent LLC. That regulator’s register shows an active company and its notices say it issues no forex licences. The Australian entity says no recourse is available, and the Terms say client money can be held with other clients’ money.

Our EBC review covers costs and accounts. If you still want an account, ask in writing which entity and which regulator apply to you, keep leverage well below the maximum, and only deposit money you can afford to lose.