CB Capital broker review
CB Capital, officially known as CB Capital Business Ltd, was established in 2019. The company is headquartered in Cyprus, specifically at 949 Eddie Dowling Highway, North Smithfield, RI 02896. It operates as a private entity and is primarily focused on providing forex and CFD trading services. The broker caters to a diverse clientele, including retail traders and institutional investors, offering a range of financial instruments.
Since its inception, CB Capital has made significant strides in the forex trading industry. The firm is regulated by the Cyprus Securities and Exchange Commission (CySEC), which is known for its robust financial regulations that ensure a safe trading environment. This regulatory framework has enabled CB Capital to establish a reputable presence in the market, attracting traders looking for reliable brokerage services.
The company operates under a market maker model, which means it takes the opposite side of client trades, providing liquidity and facilitating transactions. This model allows CB Capital to offer competitive spreads and leverage options, making it an attractive choice for traders seeking to maximize their trading potential.
CB Capital is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), holding a license number that ensures compliance with European Union regulations under the Markets in Financial Instruments Directive (MiFID). The firm is required to maintain a minimum capital of €730,000 and adhere to strict operational guidelines, including regular reporting and maintaining client funds in segregated accounts.
The regulatory license is valid across the European Union, allowing CB Capital to offer cross-border services to clients in various EU member states. Additionally, the broker is part of the Investor Compensation Fund, which provides compensation of up to €20,000 per person in the event of insolvency.
In terms of compliance, CB Capital adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that all client identities are verified and monitored to prevent fraudulent activities.
CB Capital offers a comprehensive range of trading products, including more than 50 currency pairs, covering major, minor, and exotic currencies. In addition to forex trading, the broker provides access to Contracts for Difference (CFDs) on various asset classes such as indices, commodities, stocks, and cryptocurrencies. This diverse product offering allows traders to engage in a wide array of market opportunities.
The broker regularly updates its product list to include new instruments based on market demand. Retail trading services are a significant focus, with features such as competitive spreads starting from 1.6 pips on major pairs like EUR/USD. Institutional clients can also benefit from tailored services, including liquidity provision and white-label solutions.
Moreover, CB Capital is committed to enhancing its trading environment by providing advanced trading tools and resources, which include market analysis and trading signals. This ensures that both novice and experienced traders have the necessary support to make informed trading decisions.
CB Capital supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, allowing traders to choose their preferred interface for executing trades. While both platforms offer a user-friendly experience, MT5 includes advanced features such as improved charting tools and more technical indicators.
The broker does not currently offer a proprietary trading platform but emphasizes the importance of reliable technology in its operations. The trading execution is based on STP (Straight Through Processing), which ensures that client orders are processed quickly and efficiently.
Additionally, CB Capital provides a mobile trading application for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go. The broker's servers are strategically located to minimize latency and ensure optimal trading conditions.
API access is also available for automated trading, allowing clients to implement their trading strategies seamlessly. This technological infrastructure supports CB Capital's goal of providing a robust trading environment for all clients.
CB Capital offers three primary account types tailored to different trading needs:
The broker allows clients to request leverage of up to 1:200, although the default leverage is set at 1:20, which is lower than the CySEC's minimum requirement of 1:50. The minimum trade size is typically 0.01 lots, and overnight fees apply for positions held beyond trading hours.
CB Capital does not currently offer a demo account, which may be a consideration for potential clients looking to practice before trading with real funds.
CB Capital provides various funding options for clients, including bank wire transfers, credit/debit cards, Skrill, and Neteller. The minimum deposit requirement varies by account type, starting from $500 for the Classic Account.
Deposits are typically processed within 24 hours, and there are no fees for deposits above $200. However, clients should check specific conditions for each funding method as fees may apply for smaller deposits.
Withdrawals can be made through the same methods, with processing times generally ranging from 1 to 3 business days. The broker has a transparent fee structure for withdrawals, with fees applicable based on the chosen withdrawal method.
Overall, CB Capital's fund management policies are designed to provide flexibility and security for clients, ensuring that their funds are handled with the utmost care.
CB Capital offers customer support through multiple channels, including telephone, email, and live chat. The support team is available during business hours and aims to assist clients promptly with any inquiries or issues.
The broker provides support in several languages, catering to its diverse client base. Educational resources are also available, including webinars, tutorials, and e-books, to help traders enhance their skills and knowledge.
Market analysis services are offered, featuring daily updates, news reports, and research articles to keep clients informed about market trends and trading opportunities. Additionally, traders can access various trading tools, such as calculators and economic calendars, to aid in their trading strategies.
CB Capital primarily serves clients in the European Union, leveraging its CySEC regulation to provide services across member states. The broker has a presence in several regions, with its main office located in Cyprus.
However, CB Capital does not accept clients from certain jurisdictions, including the United States, Canada, and countries under specific sanctions. These restrictions are in place to comply with international regulations and ensure a compliant trading environment.
In summary, CB Capital is a regulated forex broker that offers a comprehensive range of trading products and services, supported by advanced technology and customer-centric policies. With a focus on compliance and client satisfaction, the broker aims to establish a strong presence in the competitive forex market.