CBERRY WT Forex Broker

Note: CBERRY WT' official website - https://www.cberrywtfx.com is currently inaccessible normally.CBERRY WT Review SummaryFounded/Registered Country/RegionUnited KingdomRegulationUnregulatedMarket InstrumentsCurrencies, indices, cryptos and commoditiesDemo Account✅($1,000,000 virtual funds)Leverage/EUR/USD SpreadFrom 2.1 pipsTrading PlatformWebMin Deposit/Customer SupportEmail: info@cberrywt.orgAddress: 50-60 Station Road, Cambridge, United Kingdom, CB1 2JH CBERRY 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 ConsPros Cons Many tradable productsInaccessible websiteDemo accountsNewly establishedMultiple account typesUnregulatedFCA warningFalsely claims registration in the UKWide spreadsNo reliable trading softwareOnly accept crypto paymentsOnly email supportIs 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 PairSpread EURUSD2.1 pipsGBPUSD2.7 pipsUSDJPYTrading 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 PlatformSupported Available Devices Suitable for Web-based✔Web/MT4❌/BeginnersMT5❌/Experienced tradersDeposit 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.