CBERRY WT foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.cberrywt.cc/pc/#/layout, about the company's legal and temporary regulatory information, the company's address 50-60 Station Road, Cambridge, United Kingdom, CB1 2JH.
CBERRY WT Forex Broker
Basic information
United Kingdom
2-5 years Suspicious Regulatory License Self-developed Suspicious Scope of Business High potential riskCompany profile
Note: CBERRY WT' official website - https://www.cberrywtfx.com is currently inaccessible normally.
CBERRY WT Review SummaryCBERRY WT is an unregulated broker registered in the United Kingdom, offering trading in currencies, indices, cryptos and commodities through a web-based platform.
Pros and Cons
| Pros | Cons |
| Many tradable products | Inaccessible website |
| Demo accounts | Newly established |
| Multiple account types | Unregulated |
| FCA warning | |
| Falsely claims registration in the UK | |
| Wide spreads | |
| No reliable trading software | |
| Only accept crypto payments | |
| Only email support |
Is CBERRY WT Legit?
According to FCA, it confirmed that CBERRY WT is not authorised by them. Therefore, it is not a regulated broker. Besides, as of now, their official website is not functional. It is not a legit broker!
What Can I Trade on CBERRY WT?
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Apart from demo accounts with $1,000,000 in virtual funds, CBERRY WT also offers three live account types, including Comprehensive, Finance and Financial STP accounts.
CBERRY WT Fees
It is clear that the spreads for major currency pairs are considerably higher than the industry average of up to 1.5 pips. For example, the spread for EURUSD is 2.1 pips, GBPUSD is 2.7 pips, and USDJPY is also 2.7 pips.
| Currency Pair | Spread |
| EURUSD | 2.1 pips |
| GBPUSD | 2.7 pips |
| USDJPY |
Trading Platform
Upon closer examination of Cberry Wt‘s platform, which is a clone of another website, it is evident that it is a fraudulent operation with no real trading activity. Therefore, traders are strongly advised against depositing any funds with Cberry Wt’s platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| Web-based | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
CBERRY WT offers a notably limited selection of payment methods, confining options solely to cryptocurrencies. Fees vary depending on cryptos. Deposit and withdrawal requests are said to be processed within 24 hours.
Rating Index
CBERRY WT Similarly Rated Brokers
Latest Reviews
Aiko. Ishikawa
Turkey
CBERRY WT is very manipulative, they deliberately hit your SL. And price immediately went the other way, but in my other broker platform price didn't get to my stop, same currency pair same price. This has happened to me so many times.
Neutral
2024-06-28
J Thorston
United States
this site is a total pig butchering scam and the Chinese Thai man that runs this organization is a criminal.
Exposure
2024-06-22
Benner
Nigeria
CBERRY WT offers very good maximum leverage and a low minimum deposit, making it a great choice for traders looking to maximize their potential with minimal risk.
Positive
2024-07-12