CBCX Markets Limited is a prominent forex broker that was established in 2010. The company is headquartered in Bedfordview, South Africa, with additional offices located in London, United Kingdom, and Singapore. As a private entity, CBCX has developed a robust presence in the financial services industry, primarily catering to a diverse clientele that includes retail traders, institutional clients, and professional traders.
Over the years, CBCX has achieved significant milestones, including the establishment of its regulatory framework and the expansion of its service offerings. The broker is recognized for simplifying market access, enabling traders to navigate the dynamic landscapes of forex, precious metals, commodities, indices, and futures. CBCX supports over 20 languages, ensuring that it meets the needs of a global audience.
The company's business model encompasses both retail forex trading and institutional services, providing liquidity solutions and advanced trading technologies to its clients. As a trusted liquidity provider, CBCX adheres to stringent regulatory standards, ensuring a secure trading environment for its users.
CBCX operates under the supervision of several regulatory bodies, which include:
The FCA license number for CBCX is 49700, which allows the broker to operate under a strict regulatory framework, ensuring the safety and security of client funds. CBCX's regulatory licenses are valid and encompass a wide range of financial services.
In terms of compliance, CBCX implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to prevent fraudulent activities and ensure the integrity of its operations. The broker also adheres to client fund segregation policies, ensuring that client funds are kept separate from operational funds, thereby enhancing security.
Additionally, CBCX participates in investor compensation schemes, providing an extra layer of protection for clients. This commitment to regulatory compliance and client safety reinforces CBCX's reputation as a reliable broker in the forex trading landscape.
CBCX offers a diverse array of trading products across multiple asset classes, catering to the needs of various traders. The broker provides access to:
Forex: CBCX facilitates trading in a broad range of currency pairs, including major, minor, and exotic pairs. The broker offers a significant number of forex pairs, allowing traders to capitalize on global market movements.
CFDs: Clients can trade Contracts for Difference (CFDs) on various instruments, including indices, commodities, and cryptocurrencies. This flexibility allows traders to diversify their portfolios and take advantage of price fluctuations across different markets.
Precious Metals: CBCX enables trading in precious metals such as gold, silver, platinum, and palladium, which are often sought after during times of economic uncertainty.
Commodities: The broker provides access to a range of commodities, including crude oil, natural gas, and agricultural products, allowing traders to explore various market opportunities.
Indices: CBCX offers trading in a variety of global stock indices, including the S&P 500, NASDAQ, and FTSE, enabling clients to participate in the performance of major market indices.
The broker frequently updates its product offerings to ensure clients have access to the latest market instruments. CBCX's commitment to providing a comprehensive trading experience is evident in its diverse range of products and services.
CBCX provides its clients with access to the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are widely recognized in the industry for their advanced features and user-friendly interfaces, making them suitable for traders of all levels.
MT4: Known for its robust charting tools and technical analysis capabilities, MT4 allows traders to customize their trading environment, set alerts, and utilize automated trading strategies through Expert Advisors (EAs).
MT5: This platform offers enhanced functionality compared to MT4, including additional timeframes, advanced market analysis tools, and support for trading a wider range of asset classes, including stocks and futures.
CBCX also provides a web-based trading platform that allows clients to manage their accounts directly from a browser, eliminating the need for software installation. Furthermore, the broker offers mobile applications for both iOS and Android devices, ensuring that traders can access their accounts and trade on-the-go.
In terms of execution, CBCX employs an ECN (Electronic Communication Network) model, which facilitates direct market access and ensures fast and reliable trade execution. The broker's servers are strategically located to provide low-latency connectivity, enhancing the overall trading experience.
Additionally, CBCX supports API access for automated trading, allowing institutional clients and professional traders to integrate their trading systems with the CBCX infrastructure seamlessly.
CBCX offers a variety of account types to cater to different trading preferences and requirements. The main account types include:
Brokerage Margin Accounts: These accounts provide access to liquidity for trading in foreign exchange (FX) markets and CFDs. Traders can take advantage of price fluctuations without owning the underlying assets.
Direct Trading Accounts: CBCX offers direct trading accounts that come with a web-based graphical user interface (GUI). This account type is designed for traders who prefer a straightforward trading experience without additional software.
Standard Account Conditions: CBCX provides competitive trading conditions, including low spreads starting from 0.0 pips. The broker operates on a spread-only pricing model, meaning that trading costs are embedded within the spread itself, providing transparency in trading expenses.
Leverage and Minimum Trade Size: CBCX offers flexible leverage options, although specific leverage ratios may vary based on the asset class. The broker also has a minimum trade size policy, allowing traders to manage their risk effectively.
Demo Account Policy: CBCX provides demo accounts for traders to practice their strategies in a risk-free environment. This feature is particularly beneficial for new traders looking to familiarize themselves with the trading platforms and market dynamics.
CBCX supports a variety of deposit and withdrawal methods to facilitate smooth fund management for its clients. The available deposit methods include:
The minimum deposit requirements may vary based on the account type, and the broker ensures that deposits are processed promptly. Typically, deposits are credited to the trading account almost instantly, allowing traders to start trading without delay.
In terms of withdrawal, CBCX offers multiple withdrawal methods, ensuring that clients can access their funds conveniently. Withdrawal processing times are generally swift, with most requests being processed within 24 hours. However, the exact processing time may depend on the chosen withdrawal method.
CBCX maintains a transparent fee structure for deposits and withdrawals, with minimal or no fees applied to transactions. This commitment to cost-effective fund management enhances the overall trading experience for clients.
CBCX prides itself on providing exceptional customer support to its clients. The broker offers multiple support channels, including:
The customer support team is well-trained and equipped to assist clients with a range of inquiries, from technical issues to trading-related questions. CBCX also provides support in multiple languages, catering to its diverse global clientele.
In addition to customer support, CBCX offers a range of educational resources to help traders enhance their skills and knowledge. These resources include:
CBCX's commitment to education and support ensures that traders have the tools and resources they need to succeed in the competitive forex market.
CBCX serves a global market, with a primary focus on regions such as Europe, Africa, and Asia. The broker has established offices in key financial centers, allowing it to cater to a diverse clientele.
However, CBCX does impose certain regional restrictions. The broker does not accept clients from specific countries, including:
These restrictions are in place to comply with local regulations and ensure that CBCX operates within the legal frameworks of the regions it serves. The broker advises potential clients to verify their eligibility before opening an account.
In conclusion, CBCX is a reputable forex broker that offers a comprehensive range of trading products and services. With a strong regulatory framework, diverse account options, and a commitment to customer support, CBCX positions itself as a reliable choice for traders worldwide. As the forex market continues to evolve, CBCX remains dedicated to providing innovative solutions and exceptional service to its clients.
Get rich quicK
Hong Kong
Not bad. At least they handled it for me. It took a month. At least the integrity is not bad.
37130
05-31
Get rich quicK
Hong Kong
They said that using a Malaysian ID card, there would be a 20% promotional discount. They assured me that there would be no issues with withdrawals. I just deposited money and haven’t even made a trade. Why can’t I withdraw my money? My application submitted at the beginning of May is still under review. Isn't this a typical black platform?
Exposure
05-29
小电驴
Hong Kong
The cbcx platform has leaked all customer information, including personal data, phone numbers, emails, and contact addresses. Currently, many customers are unable to withdraw funds. It is estimated that the platform is about to run away. It is recommended that customers check their emails and text messages more frequently to prevent their money from being transferred by the platform. Pictures will be uploaded later.
Exposure
06-07