Eibank Review – Be Careful With The eibank.io Scam!

Is Eibank An Unlicensed Broker?

The Eibank regulation is a bogus. This supposedly offshore broker isn’t actually registered in Mauritius. The Financial Services Commission (FSC), has warned Eibank.

We were unable to locate any connection between this brokerage and Neopartner Online Sel S.R.L. in Romania, which is the company that the broker claims to be owned by. This company is not registered with the ASF of Romania, meaning it does not have a trading license.

Eibank is not authorized in Mauritius and is therefore not an EU member broker. This bogus website is owned by an anonymous fraudster.

The Mauritius FSC has not granted Eibank permission to offer trading services. This broker is a fraudster who has been scamming traders in the United Kingdom, United Arab Emirates, Germany, and Greece since November 2021.

Eibank Warnings

Scammers are flooding offshore domains. This is due to the lack of regulations and rules in place.

If an offshore regulator flags a broker for being a fraud, you will know what’s going on. This is what happened here. The Mauritius CSS has issued an advisory against Eibank, warning that the broker was using a fake license.

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – Trustpac, Bein Markets, FutureProfit.

Eibank Trading Assets

This broker promises CFDs on the following trading instruments:

• Forex pairs: EUR/USD, AUD/CAD, GBP/JPY…
• Indices: S&P500, DOW30, NIKKEI225…
• Commodities: crude oil, natural gas, silver…
• Shares: Amazon, Tesla, Visa…
• Crypto: BTC, ETH, BCH…

Eibank Trading Accounts

Eibank offers four types of accounts:

• Beginner: 500 EUR, leverage up to 1:20, commissions 1-2.5%;
• Silver: 5,000 EUR, leverage up to 1:50, commissions 0.5-2%;
• Gold: 10,000 EUR, leverage up to 1:100, commissions 0.5-2%;
• Platinum: 50,000 EUR, leverage up to 1:100, commissions 0.25-1.5%;

Accounts are expensive. 500 EUR is a lot to get started trading. Some accounts offer limited trading instruments.

If you take a look at the maximum leverage, you know Eibank can’t be licensed onshore. The FCA and ESMA both have a 1:30 leverage limit in place, while Eibank can offer up to 1:100. High leverage can be risky and lead to losses.

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

Eibank: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about Eibank. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Eibank!