Established trading platform (MT4) with a range of customizable features.

Offers a variety of trading assets including forex, commodities, and indices.

Provides educational resources and market analysis tools for traders.

Unregulated and operates under a suspicious clone of FCA, raising concerns about security.

High minimum deposit requirement of $500, which is above the industry norm.

Multiple complaints regarding withdrawal issues and account bans from users, indicating potential trust issues.

ICBFX broker Accounts

CIBfx Account Type

CIBfx offers three different types of live accounts to cater to various trading needs:

Minimum Deposit: $500
Leverage: 1:200
Spreads: From 1 pip
Suitable For: Beginners or traders looking to test the platform at low risk.

Minimum Deposit: $10,000
Leverage: 1:100
Spreads: From 1 pip
Suitable For: More experienced traders seeking greater flexibility in their trades.

Minimum Deposit: $1,000
Leverage: 1:200
Spreads: From 1 pip
Suitable For: Beginners who want additional features such as a personal account manager and access to exclusive market analysis.

Opening an account with CIBfx involves the following steps:

Visit the CIBfx Website: Navigate to the official CIBfx website.
Select Account Type: Choose the account type that suits your trading needs (Micro, Standard 1, or Standard 2).
Fill Personal Information: Provide your personal details, including name, email, and contact information.
Upload Identification Documents: Submit necessary documents for identity verification, such as a government-issued ID and proof of address.
Complete the Application: Review and submit your application.
Deposit Funds: Fund your account according to the minimum deposit requirements for the selected account type.
Start Trading: Once your account is verified and funded, you can log in and begin trading on the CIBfx platform.