CBF TRADE Forex Broker

Key Information Details Company Name CBF Global Markets Inc. Years of Establishment 2-5 years Headquarters United Kingdom Office Locations N/A Regulation Unregulated Tradable Assets Forex, stocks, indices, commodities, cryptocurrencies Account Types Standard Account, Premium Account Minimum Deposit $100 Leverage Up to 1:1000 Spread As low as 0.5 pip Deposit/Withdrawal Credit/debit card, wire transfer, E-wallets Trading Platforms MetaTrader 4 Customer Support Email, Phone Overview of CBF TRADE CBF Global Markets Inc. is an unregulated forex and CFD broker located in United Kingdoms offering trading services on forex, stocks, indices, commodities, and cryptocurrencies. Leverages range of up to 1:1000 with a a minimum deosit of $100. They provide two account types: Standard Account and Premium Account using the trading platform available is MetaTrader 4. Customers can reach out for support through email and phone. They offer deposit and withdrawal options via credit/debit card, wire transfer, and a variety of e-wallets, with a maximum withdrawal limit of $100,000 per day. Notably, the company operates without regulatory oversight or an accessible website. Regulation CBF Global Markets Inc. operates as an unregulated broker, meaning it does not have any regulatory authorities overseeing its activities. As a result, the company's operations lack external oversight and do not adhere to any specific regulatory guidelines set forth by financial governing bodies. The absence of regulation means that there are no established frameworks to monitor the broker's conduct, financial practices, or compliance with industry standards. Clients who choose to trade with an unregulated broker may have limited recourse in case of disputes or issues arising from their trading activities. Additionally, the lack of regulation may lead to potential risks related to data privacy, transparency, and the overall safety of client funds. Pros and Cons CBF Global Markets Inc. offers a range of account types with varying leverage options, allowing traders to choose an account that suits their risk tolerance. The availability of multiple deposit and withdrawal methods, including credit/debit cards, wire transfers, and various online payment platforms, provides convenience for clients in managing their funds. Additionally, the broker's offering of trading services across different asset classes, such as forex, stocks, indices, commodities, and cryptocurrencies, provides traders with diverse investment opportunities. The provision of a popular and widely used trading platform, MetaTrader 4, may attract traders who are familiar with its features and functionalities. Moreover, the broker's customer support options via email and phone offer essential channels for clients to seek assistance and resolve their queries. One significant drawback of CBF Global Markets Inc. is its lack of regulatory oversight, which may raise concerns about the safety and transparency of its operations. Being an unregulated broker means that the company's activities are not subject to external supervision, potentially exposing traders to higher risks and limited protection in case of disputes. Furthermore, the website's inaccessibility poses a notable disadvantage, as it hinders potential traders from obtaining essential information and creates obstacles for account registration. The minimum deposit requirements for both Standard and Premium accounts may be considered high by some traders, potentially limiting access to the platform for those with smaller budgets. Additionally, the absence of disclosed office locations may raise questions about the company's transparency and accessibility to clients. Pros Cons Multiple account types Unregulated Various deposit and withdrawal methods Inaccessible website Diverse assets High minimum deposit requirements MetaTrader 4 Absence of disclosed office locations Customer support via email and phone Inaccessible Website The website of CBF Global Markets Inc. appears to be inaccessible, which raises concerns about the company's credibility. The lack of website accessibility means that potential traders and clients may encounter difficulties in accessing essential information and services offered by the broker. Without a functioning website, individuals seeking to learn about the company's offerings, account types, tradable assets, and other relevant details may face significant obstacles in gathering necessary information. Moreover, the inability to access the website also hinders traders from creating trading accounts with this company. As the primary gateway to initiate an account registration process, an inaccessible website prevents potential clients from signing up and participating in the company's trading services. This limitation can be detrimental to the company's growth and reputation, as it restricts its ability to attract new clients and expand its customer base. Market Instruments CBF Global Markets Inc., along with its competitors, offers a range of market instruments, including forex, stocks, indices, commodities, and cryptocurrencies. Forex: CBF Global Markets Inc. offers forex trading, allowing clients to engage in currency pairs with leverage of up to 1:500 on the Standard Account and up to 1:1000 on the Premium Account. Traders can speculate on exchange rate movements without owning the underlying assets. Stocks: CBF Global Markets Inc. provides trading opportunities in stocks with a leverage ratio of up to 1:50. Clients can participate in the price fluctuations of individual company shares from various global stock markets. Indices: CBF Global Markets Inc. allows traders to trade on indices with leverage of up to 1:500. This enables clients to speculate on the overall performance of a basket of stocks representing a specific market. Commodities: CBF Global Markets Inc. offers commodity trading with leverage of 1:100, allowing traders to speculate on the price movements of various raw materials such as gold, silver, oil, and agricultural products. Cryptocurrencies: CBF Global Markets Inc. allows trading in cryptocurrencies with leverage of up to 1:100. Traders can participate in the price movements of popular digital assets like Bitcoin, Ethereum, and others. The following is a table that compares CBF Global Markets Inc. to competing brokerages: Broker Market Instruments CBF Global Forex, Stocks, Indices, Commodities, Cryptocurrencies FXPro Forex, Stocks, Indices, Commodities, Cryptocurrencies IC Markets Forex, Stocks, Indices, Commodities, Cryptocurrencies FBS Forex, Stocks, Indices, Commodities, Cryptocurrencies Exness Forex, Stocks, Indices, Commodities, Cryptocurrencies Account Types The account types offered by CBF Global Markets Inc. are Standard Account and Premium Account. Specifics are as follows: Standard Account: CBF Global Markets Inc. offers the Standard Account, requiring a minimum deposit of $100. Traders on this account can access leverage of up to 1:500 and trade with spreads starting from 1.0 pip. Additionally, clients can participate in the financial markets with a variety of assets, including forex, stocks, indices, commodities, and cryptocurrencies. The Standard Account suits traders with moderate risk appetite and a smaller initial investment. Premium Account: CBF Global Markets Inc. provides the Premium Account option, requiring a higher minimum deposit of $10,000. Traders on this account can access higher leverage of up to 1:1000, along with tighter spreads starting from 0.5 pip. Similar to the Standard Account, clients can trade a wide range of assets, including forex, stocks, indices, commodities, and cryptocurrencies. The Premium Account caters to more experienced and financially capable traders seeking enhanced trading conditions and higher leverage. The specifics of the account types are as follows: Account Type Minimum Deposit Leverage Spread Standard $100 Up to 1:500 From 1.0 pip Premium $10,000 Up to 1:1000 From 0.5 pip Minimum Deposit CBF Global Markets Inc. offers different minimum deposit rates for its account types. Traders can start with a minimum deposit of $100 for the Standard Account, while the Premium Account requires a higher initial investment of $10,000. These varying deposit requirements allow clients to choose an account type that aligns with their financial capabilities and risk preferences. Maximum WithdrawalCBF Global Markets Inc. imposes a maximum withdrawal limit of $100,000 per day. This limitation may be considered a disadvantage for traders who wish to withdraw larger amounts, as it restricts their ability to access their funds swiftly or in larger sums. Such restrictions may inconvenience traders who require more substantial withdrawals for various purposes, potentially leading to dissatisfaction with the company's withdrawal policy. Leverage CBF Global Markets Inc. provides varying leverage options for different account types. Traders can access leverage of up to 1:500 on the Standard Account and up to 1:1000 on the Premium Account. This flexibility allows clients to choose the level of leverage that suits their trading strategies and risk tolerance. The following table compares the maximum leverage offered by CBF Global Markets Inc. with that of other mentioned brokers: Broker Forex Stocks Indices Commodities Cryptocurrencies CBF Global Up to 1:500 Up to 1:50 Up to 1:500 Up to 1:100 Up to 1:100 FXPro Up to 1:500 Up to 1:5 Up to 1:500 Up to 1:20 Up to 1:2 IC Markets Up to 1:500 Up to 1:20 Up to 1:500 Up to 1:500 Up to 1:5 FBS Up to 1:3000 Up to 1:5 Up to 1:500 Up to 1:100 Up to 1:1000 Exness Up to 1:2000 Up to 1:5 Up to 1:200 Up to 1:125 Up to 1:200 Spread CBF Global Markets Inc. offers competitive spreads on its trading instruments. The spread for the Standard Account starts from 1.0 pip, while the Premium Account enjoys even tighter spreads starting from 0.5 pip. This allows traders to access cost-effective trading conditions, enabling them to execute trades with potentially lower transaction costs. Deposit & Withdrawal CBF Global Markets Inc. offers a range of deposit and withdrawal methods to facilitate seamless transactions for its clients. Specifics are as follows: Credit/Debit Cards and Wire Transfers: CBF Global Markets Inc. facilitates financial transactions through traditional methods such as credit/debit cards and wire transfers. These options provide a secure and familiar way for clients to fund their trading accounts or withdraw their funds. E-Wallets: For faster and more convenient transactions, the broker supports various e-wallet options. Traders can utilize e-wallet services like Skrill, Neteller, Perfect Money, WebMoney, and Fasapay, providing digital payment solutions that cater to clients seeking efficient fund transfers. China UnionPay: CBF Global Markets Inc. accepts China UnionPay as an additional payment method. This option is specifically beneficial for clients from China who prefer using this payment system for their trading transactions. Trading Platforms CBF Global Markets Inc. provides the MetaTrader 4 trading platform, a widely recognized and popular platform in the industry. MetaTrader 4 offers an intuitive interface, advanced charting tools, technical indicators, and automated trading capabilities through Expert Advisors (EAs). Traders can access a wide range of features to execute their trading strategies efficiently. Comparison of Trading Platforms of competing brokers: Broker Trading Platforms CBF Global MetaTrader 4 FXTM MetaTrader 4, MetaTrader 5, FXTM Trader, FXTM WebTrader, FXTM Invest Exness MetaTrader 4, MetaTrader 5, Exness Trader, Exness WebTerminal Pepperstone MetaTrader 4, MetaTrader 5, cTrader FP Markets MetaTrader 4, MetaTrader 5, IRESS, WebTrader Customer Support CBF Global Markets Inc. offers customer support through email and phone channels, allowing clients to communicate their questions or issues via two different communication channels: Email: CBF Global Markets Inc. offers email support as a means for clients to get in touch with their customer service team. Traders can reach customer support by sending their inquiries or concerns to the email address account@cbffx.com. Phone: For more direct and immediate assistance, the broker provides phone support. Clients can contact customer service by calling the phone number +60 3 2727 1728. Conclusion CBF Global Markets Inc. is an unregulated forex and CFD broker that has been operating for 2-5 years that offers a range of account types, including the Standard Account and the Premium Account. Traders can access various market instruments, such as forex, stocks, indices, commodities, and cryptocurrencies, and benefit from the popular trading platform MetaTrader 4. Clients can communicate with customer support through email and phone channels, making it accessible for assistance and inquiries. It is essential to note that the company operates without regulatory oversight and has an inaccessible website which makes for a broker with a high-risk factor. FAQs Q: What is the minimum deposit required for the Standard Account？ A: The minimum deposit for the Standard Account is $100. Q: What leverage is available for the Premium Account？ A: The Premium Account offers leverage of up to 1:1000. Q: How can clients reach customer support？ A: Clients can contact customer support via email and phone. Q: What is the maximum withdrawal limit per day？ A: The maximum withdrawal limit per day is $100,000. Q: Which trading platform does the company offer？ A: The company provides the MetaTrader 4 trading platform. Q: What payment methods are accepted by the broker？ A: The broker accepts credit/debit cards, wire transfers, and various e-wallet options for deposits and withdrawals.