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Home -

EBC -

Exposure Details -

FX2018614601

Within 1 year

Verified

Exposure

EBC ripped me off of RM72,000, leaving me with only RM25,000. On the 15th of last month, I traded USD/MYR. I set a buy price of 4.73, but the system froze for three seconds before displaying a trade at 4.765. A 35-point slippage resulted in a RM4,200 loss, and a 12% "cross-border clearing fee" was deducted from my withdrawal. I also traded the same trade on AmBank Forex, and the slippage was only 5 points. EBC relies on slippage to steal my money and deduct it from my withdrawals. As a small business owner, we can't afford to cheat you out of your hard-earned money. Such a shameless scam

Reply from official EBC

Dear Valued Client, Thank you for bringing this matter to our attention. We take your concerns very seriously. Please be advised that EBC has not yet launched any business operations in Malaysia, nor have we made the USD/MYR trading product available. In addition, the “.c”& ".a" suffix trading product shown in the image you provided is not one of the products currently offered by our company. To assist us in further verification, we kindly ask you to send your registration website address to the EBC customer service email so that we can confirm whether the website you registered with is an officially authorized site of our company. Thank you for your understanding and cooperation!

FX1491906256

EBC's "low spread"

FX9858882042

I'm so angry! Scammers cause financial losses

Regulated