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CIBFX Review

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CIBFX
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2.90/5

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CIBFX is a well-established broker since 2005. CIBFX has a headquarter in Vanuatu. CIBFX to provide their Forex/CFD trading services to over 4 million clients.

This broker has also been regulated by VFSC 14637.


Company Information

🌐 Website
cibfx.com

Year Established
2005

🌎 Country
Vanuatu

💼 Regulation

Features

💰 Bonus offers

🏆 Trading contests

📖 Free education

👨‍💻 PAMM accounts

📁 Segregated accounts

📈 Managed accounts

🕋 Islamic accounts available

🗺 Vps

Account Information

Apart from the forex demo account, this broker offers Standard and Micro. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by CIBFX is up to 1:200. Meanwhile, you can open an account with a starting capital of $500.

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Min Deposit

$500

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Max Leverage

1:200

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Spread

Variable

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



💲 Min Deposit $1000

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

Instruments Traded

Besides lots of currency pair, CIBFX also offers some instruments you would like to trade on, such as Forex, CFD, Oil, Stocks, Futures, Indexes, Agriculture, Soft commodities, Metals, Energies and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Standard account, CIBFX specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Futures

Futures
1:200

Indexes

Indexes
1:200

Agriculture

Agriculture
1:200

Metals

Metals
1:200

Energies

Energies
1:200

Crypto

Crypto
1:2


💲 Min Deposit $500

💡 Min Position 0.01 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

Instruments Traded

Besides lots of currency pair, CIBFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Micro account, CIBFX specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Gold & silver

Gold & silver
1:200

Crypto

Crypto
1:2

Payment Methods

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

CIBFX also provides payment with AstroPay, UnionPay, OKPAY, Local bank transfer and Credit/debit cards



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, CIBFX offers you MetaTrader 4.

Customer Support

Do you have any question or find any trouble related to CIBFX? If you do, you should reach CIBFX's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

English
Portuguese
Spanish

Office Support

Email Support

Call Support

Chat Support



FAQ About CIBFX

Is CIBFX a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if CIBFX is a good broker for you or not by reviewing the criteria. In general, CIBFX provides trading service in Forex , CFD , Oil , Stocks , Futures , Indexes , Agriculture , Soft commodities , Metals , Energies , Crypto and Gold & silver . As for the payment methods, you can choose between AstroPay, Credit/debit cards, Local bank transfer, Neteller, OKPAY, Skrill, UnionPay, WebMoney and Wire transfer. The customer support is available via Callback, Email, Forum, Live chat, Office, Phone, Skype and Web form.


What is the minimum deposit for CIBFX?

The starting capital in CIBFX is $500.


Is CIBFX regulated?

CIBFX is regulated by VFSC 14637. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is CIBFX legit?

CIBFX is a brokerage company offering trading services for clients since 2005 with offices in Vanuatu.