Is Ebury Partners Markets Cyprus Limited a Scam?

When we at FXCanary sit down to judge whether a broker is safe, we do not rely on marketing pages or the warmth of a welcome email. We start with the hard, verifiable facts: the regulatory licences a firm actually holds, the jurisdiction in which it is incorporated, the strength of the client-fund protection regime that applies, and the firm's public footprint — including whether its website and social channels are real and active. We then weigh those facts against the claims the broker makes about itself, and we look for any red flags such as clone sites, missing disclosures, or a history of regulatory sanctions.

For Ebury Partners Markets Cyprus Limited, our assessment produces a Scam Risk Score of 34 out of 100, which we classify as 'Guarded'. That is not an accusation of fraud — it is a measured warning that while the firm appears to be properly licensed, there are gaps in the publicly verifiable picture that a cautious trader should note. The single most important flag we have on file is that there is no verifiable website or social-media presence tied directly to this entity, even though the broader Ebury group operates a substantial global platform at ebury.com. That disconnect is exactly the kind of thing that deserves scrutiny before anyone entrusts funds.

The cornerstone of any safety assessment is the regulator. Our records show that Ebury Partners Markets Cyprus Limited is authorised by the Cyprus Securities and Exchange Commission (CySEC) as a Cyprus Investment Firm (CIF), holding licence number 459/25 with an Authorised status. We cross-checked this against the firm's own published documents, including its Client Information Pack and Best Interest and Order Execution Policy, both of which confirm the same licence number and the same regulator. That consistency matters — it means the firm is not hiding its regulatory identity.

CySEC is a full member of the European Economic Area's regulatory framework, and it operates under the Markets in Financial Instruments Directive II (MiFID II). That means the firm is subject to ongoing capital requirements, conduct-of-business rules, and supervisory oversight. It is not an offshore, lightly regulated jurisdiction. However, being regulated by CySEC is not the same as being regulated by the UK's FCA or a top-tier Western regulator, and the practical protections available to clients depend on the specific rules that apply to CIFs — which we examine next.

For a Cyprus Investment Firm, the most important client protections are the segregation of client funds, the Investor Compensation Fund (ICF), and the rules on negative balance protection. Under CySEC rules, client money must be held in segregated accounts, separate from the firm's own operating funds. That means that in the event of the firm's insolvency, client money should not form part of the firm's estate — it should be returned to clients. This is a genuine safeguard, but it is only as strong as the firm's operational discipline and the oversight of the regulator.

The second layer is the Investor Compensation Fund, which in Cyprus covers eligible clients up to €20,000 per person if the firm fails and cannot return client funds. That is a meaningful safety net, but it is not unlimited — and it does not cover investment losses, only the loss of funds held by a failed firm. Third, CySEC rules require firms to offer negative balance protection to retail clients, meaning that a retail client cannot lose more than their account balance, even in extreme market moves. These are real protections, and they are a significant reason why our Scam Risk Score is not higher.

That said, we must be clear about the limits. The ICF's €20,000 cap is modest for a professional or high-net-worth trader, and the protections apply only to retail clients — professional and eligible counterparties are treated differently. Moreover, the practical effectiveness of any compensation scheme depends on the regulator having the resources and will to administer it. In our assessment, the presence of these protections is a positive, but it is not a guarantee of safety.

One of the most dangerous threats in the forex world is the clone broker — a fraudulent website that copies a legitimate firm's name, branding, and even licence number to steal deposits. Our records show that for Ebury Partners Markets Cyprus Limited, we have found zero clone or impersonator sites. That is a good sign, and it suggests that the firm's name has not yet been widely abused by fraudsters. However, it is not a reason for complacency.

The Ebury brand is well known in the fintech and payments space, and the Cyprus entity sits within a larger group that operates across 160+ countries. That visibility makes the name an attractive target for future cloning attempts. We advise any trader considering this firm to verify the official domain — ebury.com — and to be extremely wary of any website that uses a similar name but a different domain, such as 'ebury-cyprus.com' or 'eburymarkets.com'. Always check the regulator's own register, not the broker's website, to confirm the licence number and the official contact details.

Our web search results confirm that Ebury Partners Markets Cyprus Limited is a real, operating entity with a substantial paper trail. The firm publishes a Client Information Pack, a Best Interest and Order Execution Policy, a Product and Risk Disclosure document, and a Relationship Agreement, all of which are hosted on the official ebury.com domain. These documents are consistent with a firm that is taking its regulatory obligations seriously — they are not the kind of thing a fly-by-night operation typically produces.

However, we must also note what is missing. The firm has no independent user reviews that we could find, which means we have no real-world trading experience to draw on. We also found no verifiable standalone website or social-media presence for the Cyprus entity itself — the documents live on the parent group's site, and the firm's own digital footprint is thin. For a broker that is authorised only since 2025, that lack of independent feedback is a gap. It is not evidence of wrongdoing, but it is a reason to proceed with caution and to test the firm's service with a small deposit before committing significant capital.

If you are considering trading with Ebury Partners Markets Cyprus Limited, there are concrete steps you can take to reduce your risk. First, verify the licence directly on the CySEC register using the number 459/25 — do not rely on the broker's website or our article as the final word. Second, confirm that the website you are using is the official ebury.com domain, and check the URL carefully for any subtle misspellings or extra characters. Third, start with a small deposit that you can afford to lose, and test the withdrawal process before you commit more funds.

Fourth, read the firm's own Client Information Pack and Risk Disclosure document — they are public and they set out the terms, costs, and risks in detail. Fifth, be aware that the Investor Compensation Fund covers only up to €20,000, so if you plan to hold more than that, you should consider whether the additional risk is acceptable. Finally, keep records of all communications and transactions, and if anything feels off — a request to send funds to a different account, pressure to deposit quickly, or unresponsive support — stop and report it to CySEC. In our assessment, the firm looks legitimate, but the absence of independent reviews and the thin digital footprint mean that your own due diligence is the most important safety net.

In FXCanary's assessment, Ebury Partners Markets Cyprus Limited is a regulated Cyprus Investment Firm with a credible regulatory framework and a genuine paper trail. The Scam Risk Score of 34/100 reflects that it is not an obvious scam, but it is also not a broker we would call 'safe' without qualification. The key positives are the CySEC licence, the client fund protections, and the absence of clone sites. The key concerns are the lack of independent user reviews, the thin digital footprint of the Cyprus entity itself, and the fact that the firm is newly authorised.

We would describe this broker as 'guarded' — suitable for traders who understand the risks and are willing to do their own verification, but not a broker we would recommend to a novice without strong caveats. The protections offered by CySEC are real, but they are not absolute, and the absence of independent feedback means that the firm's true behaviour in the market is still unproven. We will continue to monitor the public record, and we encourage any trader who uses this firm to share their experience — good or bad — so that the next assessment can be built on more than just regulatory documents.