July 06, 2020

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CIBFX Forex Broker Review

CIBFX Review 2020

Details
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 General Features of CIB FX

CIBFX Broker Review

Broker in review: CIBFX Capital Investment Brokers Limited

Established: 2015

Location: International House, 142 Cromwell Road, London, SW7 4EF; Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent. 

Regulation: VSFC (Vanuatu Financial Services Commission)

Direct market access: yes

Account Types and Trading Conditions

Account types: demo, micro, standard, executive

  • Micro - Suitable for new traders

    $ 500 Min. Deposit 

     FREE Daily Briefing & Research
     Desktop, Tablet & Mobile Trader
     Video Tutorials
     24 / 5 Customer Service
     Dedicated Account Manager
    From 1 pip Spreads
    All Trading Instruments
    1:200 Maximum Leverage
    0.01 Minimum trade size (Lots)
    0.01 Trade size increment
     Expert Advisors (EA)
    40% Margin Call
    5% Stop Out Level
     Personal Account Manager
     Telephone Trading
    No commission for forex pairs
     

    Standard - Suitable for experienced traders

    $ 1000 Min. Deposit

     FREE Daily Briefing & Research
     Desktop, Tablet & Mobile Trader
     Video Tutorials
     24 / 5 Customer Service
     Dedicated Account Manager
    From 1 pip Spreads
    All Trading Instruments:
    1:200 Maximum Leverage
    0.01 Minimum trade size (Lots)
    0.01 Trade size increment
     Expert Advisors (EA)
    50% Margin Call
    5% Stop Out Level
     Personal Account Manager
     Telephone Trading
    No commission for forex pairs

  • Executive - tailor made account

    $ 10,000 Min. Deposit

     FREE Daily Briefing & Research
     Desktop, Tablet & Mobile Trader
     Video Tutorials
     24 / 5 Customer Service
     Dedicated Account Manager
    Spreads
    All Trading Instruments:
    1:100 Maximum Leverage
    0.01 Minimum trade size (Lots)
    0.01 Trade size increment
     Expert Advisors (EA)
    50% Margin Call
    10% Stop Out Level
     Personal Account Manager
     Telephone Trading
    No commission for forex pairs

Daily market briefing and review: yes

Video tutorials: yes

Spreads: start from 1 pips

Maximum leverage: 200:1

Minimum trade size: 0.01 lots

Margin call: 40%

Stop out level: 5%

Personal account manager: yes

Telephone trading: yes

Trading instruments: 60+ currency pairs, 20 CFDs 

Instant execution, no confirmation delays: yes

Platforms and Social Trading 

Trading Platform: MetaTrader 4 (desktop, tablet and mobile trader)

The highly acclaimed Metatrader 4 or MT4 trading platform as it is commonly referred to, is one of the most renowned and widely used Forex trading platforms around today. It is the first choice amongst retail investors and traders alike and the benchmark platform amongst brokers.

  • User-friendly interface enabling new and experienced traders to master the platform and trade the markets to their best advantage.
  • With more than 30 languages; MT4 enables users across the world to convert the data in the MT4 platform to their language of choice.
  • Expert Advisors (EAs) enabling traders to automate their trades with an automated trading robot that best fits their trading style and strategies. The proprietary programming language (MQL4) allows for the easy creation of EAs and customized technical indicators. Essentially, the platform supports algorithmic trading.

Payment Methods

Minimum deposit: $500 (rather high compared to other forex brokers, such as Instaforex, Liteforex, XM, Avatrade and Octafx)

Payment options: Paypal, Skill, Credit Cards, Neteller

Customer support and Educational material

Customer representatives are available via phone, email, feedback form

CIBfx Limited is an online FX and CFD brokerage providing simple and secure trading solutions and education material for both beginners and pro’s.