Capital Investment Brokers, CIBfx is an unregulated online FX and CFD brokerage firm that provides simple online trading solutions and educational resources to all levels of traders. The broker offers over 200 financial assets, including forex, metals, futures, indices, stocks, and CFDs, for trading online with spreads from 0.3 pips and leverage of up to 1:500 whilst charging zero commission on trades.
CIBfx Review, Pros & Cons
- User-friendly MetaTrader 4 trading platform
- A range of trading tools
- Some educational resources
- Multiple financial instruments
- Unregulated trading broker
- Located offshore
- Minimum $500 deposit
- No MetaTrader 5 or cTrader platforms
- No USA clients
In this detailed CIBfx review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Registered in Kingstown, Saint Vincent, and the Grenadines, CIBfx is an online trading broker that provides traders with the MetaTrader 4 trading platform for trading several financial markets online. CIBfx offers direct access to multiple liquidity providers with no dealing desk intervention. They provide traders with a range of useful trading and learning tools, whilst offering multiple account options to suit all levels of traders.
CIBfx limited is registered in Saint Vincent and the Grenadines with the IBC license number #24120. However, there is no regulatory information on the broker’s website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
The broker does not offer its services to residents of countries or jurisdictions where the use of such services would be contrary to local laws or regulations.
Some CIBfx features and products mentioned within this CIBfx review may not be available to traders from certain countries because of legal restrictions.
The broker provides traders with the MetaTrader 4 platform, which is known for its user-friendly interface that makes it suitable for both beginners and experienced traders. The MT4 trading platform is packed with some interesting tools, such as advanced charts and support for expert advisors. It is available as a desktop application for Windows and Mac computers, a WebTrader, and a mobile app that is compatible with Android and iOS devices.
CIBfx Trading Tools
The broker provides traders with a range of useful trading tools, such as Economic Calendar, Market Forecast, World Bank Interest Rates, Market Watch, and more.
Traders also benefit from a number of learning materials that help in their trading education. These include daily market news, video lessons, and more.
The broker offers the following trading instruments: forex, metals, futures, indices, stocks, and CFDs.
CIBfx Accounts & Fees
CIBfx offers a choice of different trading account types to meet the individual trading needs of clients. The account types and their corresponding minimum required deposits are as follows: Micro ($500), Standard ($1,000), and Executive ($10,000) Accounts. Swap-free Islamic accounts are available upon request, while demo accounts are provided for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this CIBfx review. It is imperative to ensure that you check and understand all of the latest information before you open a CIBfx broker account for online trading.
The broker provides traders with a customer support team that is prompt in response. They can be contacted via telephone, email, Live Chat, social media, and online form.
CIBfx Deposit & Withdrawal
The broker accepts the following payment methods for both account deposits and withdrawals:
- Bank wire transfer
- Credit Debit cards
- Online payment processors, such as Neteller and Skrill
CIBfx Account Opening
To open an account, click on the ‘Open Real Account’ button and proceed to provide the requested details in the account registration form.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
CIBfx is an online trading broker that offers several trading products via the intuitive MT4 trading platform whilst providing some useful trading and learning tools. There are multiple account options to suit all levels of traders. However, there is no regulatory information on the broker’s website at the moment. This may be a concern for some clients considering this broker.
There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss. When trading, you must always take into consideration your level of experience. If the risks involved seem unclear to you, please seek independent advice.