Ebury

Ebury Broker Overview

Ebury is a London based corporate financial services group that provides cross border payments, multi currency business accounts and currency risk management to companies and institutions. Its currency risk products are spot FX with limit orders, forward contracts, options contracts and non-deliverable forward contracts. It is not a retail trading broker. It publishes no trading terminal, no account tiers of the Standard or ECN kind, no leverage cap and no spread, and its United Kingdom investment permissions are held for professional clients and eligible counterparties rather than for retail customers.

The group dates its founding to 2009 and now operates through national subsidiaries across Europe, the Americas, Asia Pacific, the Middle East and Africa, with its head office at 100 Victoria Street in London. Clients reach the service through Ebury's own online portal and mobile app rather than through third party trading software.

Ebury Regulation and License

The entity that carries Ebury's United Kingdom investment permissions is Ebury Partners Markets Ltd, authorised by the Financial Conduct Authority under firm reference number 784063 with effect from 27 December 2017. The authorisation is confirmed on the regulator's own Financial Services Register, which shows the firm as authorised with permissions to advise on investments, arrange deals in investments, deal in investments as principal and agree to carry on a regulated activity. Those permissions are recorded for eligible counterparties and professional customers, and the dealing permission carries a matched principal limitation. A United Kingdom authorisation carries no expiry date.

Further authorities are named in connection with the wider group under separate entities, including an electronic money permission in the United Kingdom and a money services business registration in Canada held by Ebury Partners Canada Ltd. These group licences are confirmed on the relevant registers. A money services business registration is an anti money laundering registration rather than an authorisation to deal, and a company registration is not financial regulation at all.

Is Ebury Regulated?

Yes, for the United Kingdom investment business carried on by Ebury Partners Markets Ltd, which holds a confirmed Financial Conduct Authority authorisation under firm reference 784063. The qualification that matters is scope rather than existence: the permission covers professional and eligible counterparty business, so a retail client sits outside the client category it contemplates.

Ebury Partners Markets Ltd and the Ebury Group

Ebury is a brand operated by a group of separate companies rather than by a single entity. Ebury Partners Markets Ltd, company number 10841975, holds the United Kingdom investment permissions. Ebury Partners UK Limited, company number 07088713, is the longer established United Kingdom company associated with the brand's 2009 origin. Further companies operate in Australia, Belgium, Brazil, Canada, Chile, Cyprus, Hong Kong, Lithuania, Mexico, Singapore, South Africa, Switzerland and the United Arab Emirates among others, and the permissions each holds differ, so the company a client contracts with depends on where that client is based.

Is Ebury Safe?

Ebury's United Kingdom service is operated by a named company whose authorisation is confirmed on the regulator's own register, with a published head office, dedicated complaint channels and an openly stated group structure. Those factors remove much of the opacity that makes an unidentified operator risky. Regulation is still not proof of safety, and the firm's authorisation covers professional and eligible counterparty business, not retail clients.

The clearest limitation is one of fit rather than conduct. A retail client seeking a leveraged trading account falls outside the permissions Ebury holds, and its pricing is agreed with each client rather than published, so costs cannot be compared before making contact.

Ebury Account Types

Ebury offers corporate accounts rather than trading accounts. Two are recorded. Global Accounts hold and move multiple currencies from a single relationship, and Local Accounts provide local currency account details in the markets where Ebury holds them. Neither carries a published minimum deposit, a leverage cap or a commission rate, and accounts are opened through onboarding with Ebury rather than by funding a published minimum.

Ebury Spreads, Commissions and Fees

Ebury publishes no public tariff. Its own material describes low cost foreign exchange pricing agreed per client and per transaction, which means a prospective client cannot establish the cost of the service in advance from the website. Two charges are stated: transfers between Ebury clients through Ebury Instant are free of charge, and the virtual corporate card is issued free of charge. On payments sent or received through the banking network, other banks in the chain may deduct their own charges, which Ebury states it does not control and cannot recover.

Ebury Trading Platforms

Ebury provides no trading platform. Clients use the Ebury Online portal, reached from the login link on ebury.com, together with a mobile app for iOS and Android and an API for integrating payments into their own systems. MetaTrader 4, MetaTrader 5 and cTrader are not offered.

Ebury Deposits and Withdrawals

Funding is by bank transfer. A client pays money either into a Named Ebury Currency Account held in its own name or into one of Ebury's pooled collection accounts, with the details for each currency shown in the Accounts section of the Ebury Online dashboard. Outbound payments run over local rails where Ebury participates in them, including SEPA, Faster Payments, BACS and PIX, and over SWIFT for international transfers, with euro payments above 560,000 euro routed over SWIFT rather than SEPA. Ebury Instant settles in real time between Ebury clients. The multi currency Mastercard corporate card spends from existing balances and is not a route for paying money in. No card or electronic wallet deposit route is published, and no clearing time is published for incoming transfers.

Ebury Support

Support runs during business hours rather than around the clock, by telephone on +44 (0) 20 3872 6670, by live chat, through a help centre and by email at info@ebury.com. Complaints have their own address at complaints@ebury.com and suspected fraud at reportfraud@ebury.com. Service is offered in a wide set of European languages alongside English, and Ebury publishes local telephone numbers and office addresses for each country in which it operates.

Ebury Pros and Cons

The strengths are a confirmed United Kingdom authorisation held by a named entity, an openly published group structure of national companies and offices, a broad set of payment rails including free real time transfers inside the Ebury network, and dedicated complaint and fraud channels with multilingual support.

The limitations are that the authorisation covers professional and eligible counterparty business rather than retail clients, that no pricing is published, and that there is no trading platform, leverage or spread for anyone seeking a trading account.

Ebury Review and Assessment

Ebury is best understood as a corporate payments and currency risk institution that happens to be catalogued among brokers, not as a trading venue. For a company with cross border payment and hedging needs it presents an identifiable counterparty with a confirmed United Kingdom authorisation and a wide payments footprint. For an individual looking to trade it is the wrong provider, because the permissions, the account types and the absence of any trading platform all point away from retail trading. The point to settle before onboarding is price, since Ebury agrees its foreign exchange and payment costs privately and publishes no schedule against which they can be checked.