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In my experience as a forex trader, I approach every broker with caution, especially when regulatory nuances and fee transparency are concerned. With Ebury, what stands out is the firm's niche in serving corporate and institutional clients, offering services that go beyond basic forex trading. Their platform caters to cross-border payments, FX risk management, and even business lending, which can be advantageous for organizations looking for comprehensive international financial solutions. Having access to an online portal, mobile app, and API connectivity makes account management and automation straightforward for larger businesses. However, despite these operational strengths, I notice significant gaps, especially for traders like myself who prioritize clarity and low risk in fee structures. Ebury does not provide much detail about its specific fees or trading costs on its public channels. This lack of transparency makes it harder to evaluate cost competitiveness and to plan trading or hedging strategies with confidence. Furthermore, the regulatory note that both its FCA Payment and Investment Advisory licenses are marked as "Exceeded" raises red flags for me. While Ebury is regulated, this status means I would be extra diligent before committing funds. In short, the advantage with Ebury is its broad, tailored suite of financial services designed for businesses with global needs; but for independent forex traders, the missing fee details and regulatory ambiguity mean I would approach with notable caution and only after in-depth due diligence.