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Is EBSI overseen by any financial regulators, and if so, which authorities are responsible for its regulation?

Broker Issues
EBSI
Regulation
04-08
United States
WikiFX
Reply

As someone who takes regulatory oversight very seriously when assessing a broker, I made it a point to investigate EBSI’s status thoroughly before considering any trades with them. From my own review, I found that EBSI—operating formally as China Everbright Securities International Company Limited—does have verifiable regulation under the Securities and Futures Commission (SFC) of Hong Kong. Specifically, two of its subsidiaries, CES Commodities (HK) Limited and CES Forex (HK) Limited, are authorized by the SFC for dealing in futures contracts and leveraged foreign exchange trading, holding license numbers AAF237 and ACI995, respectively. In my experience, SFC regulation offers a measure of client protection and implies they’re subject to ongoing monitoring within Hong Kong’s financial system. However, I did notice that EBSI claims association with an HKGX (Hong Kong Gold Exchange) license. As a cautious trader, I have to point out that this particular HKGX license remains unverified by the relevant authority, which raises questions about whether they’re officially permitted to conduct all the activities they advertise under that banner. For me, this would require careful consideration before I engage in any products supposedly covered only by this unverified license. In summary, EBSI does benefit from established regulation via the SFC in Hong Kong, but I would not treat their broader regulatory claims as fully substantiated without further confirmation.

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