Cons
  • Large amount of negative reviews from traders over the net

Operated by CIBfx Limited Griffith Corp

Established: 2015

Location: Saint Vincent and the Grenadines

Regulation: VSFC (Vanuatu Financial Services Commission)

Languages: English, Spanish and Portuguese (some parts of the site is only in Spanish!)

Trading Conditions

Trading instruments: 60+ currency pairs, 20 CFDs 

Instant execution, no confirmation delays: yes

Account types: demo, micro, standard, executive

MICRO​

FOR NEW TRADERS

$500Minimum Deposit

  •  Free daily summary and research
  •  Desktop, tablet and mobile application
  •  Video tutorials
  •  Customer service 24/5
  •  Dedicated account manager
  •  From 1 pip Spreads
  •  FX, Metals
  •  1:200 Maximum leverage
  •  0.01 Increase in trade size
  •  Expert Advisors (EA)
  •  20% Margin call
  •  5% Stop Out level
  •  Personal account manager
  •  Telephone trading
  •  No commission for forex pairs

STANDARD

FOR NEW TRADERS

$1000 Minimum Deposit

  •  Free daily summary and research
  •  Desktop, tablet and mobile application
  •  Video tutorials
  •  Customer service 24/5
  •  Dedicated account manager
  •  From 1 pip Spreads
  •  FX, Metals, Commodities and some Stocks
  •  1:200 Maximum leverage
  •  0.01 Increase in trade size
  •  Expert Advisors (EA)
  •  25% Margin call
  •  5% Stop Out level
  •  Personal account manager
  •  Telephone trading
  •  No commission for forex pairs

SWAP-FREE (ISLAMIC ACCOUNTS)

Swap-free accounts are offered to those who cannot earn or pay interest for religious reasons. In compliance with these religious restrictions, these swap-free Forex accounts will not be charged, nor will they earn the interest that comes with supporting Forex trading.

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

24 / 5 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. Some tutorial videos are available on the site.

How was the rating of CIBfx performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on CIBfx FX broker performance and features. 

Overall our online CIBfx review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online CIBfx or you find inaccurate details CIBfx broker review please get in touch with us and the changes will be applied.  

CIBFX Details

Trading Platforms:
Payment Methods:
Account Options:
Languages:
Trading Instruments:
Minimum Deposit:
Educational Material:
Representative Offices:
© ForexExplore.com 2007 – 2024 Trading financial instruments carries high level of risk to your capital with the possibility of losing more than your initial investment. This site will not be held liable for any loss or damage in result from using the information within the site including forex Broker reviews 2024, market analysis, trading signals, learning resources and comparison tables. The data within this website is not necessarily real-time nor accurate and do not represent the recommendations of the employees. Currency trading is not suitable for all investors. Before deciding to trade currency or any other financial instrument please consider consider your investment objectives, level of experience, and risk appetite. While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice.