Cloud Bridge broker review
Cloud Bridge, officially known as Cloud Bridge Capital Pty Ltd, was established in 2021. The company is headquartered in Burwood, New South Wales, Australia, and operates as a private entity. The primary market served by Cloud Bridge includes retail forex trading, catering to a diverse clientele ranging from individual traders to institutional investors.
Since its inception, Cloud Bridge has focused on providing a robust trading environment for forex and CFD traders. The company has made significant strides in establishing itself as a reputable broker in the competitive forex market. Over the years, Cloud Bridge has achieved several milestones, including obtaining regulatory licenses and expanding its product offerings.
As a forex broker, Cloud Bridge operates under a retail business model, offering trading services in various financial instruments, including forex, commodities, indices, and cryptocurrencies. The company aims to provide its clients with competitive trading conditions, advanced trading platforms, and comprehensive educational resources.
Cloud Bridge operates under the oversight of the Australian Securities and Investments Commission (ASIC), holding the regulatory license number 001305759. This license ensures that Cloud Bridge adheres to stringent regulatory standards, providing a secure trading environment for its clients.
The regulatory license is valid and covers a wide range of trading activities, ensuring that the broker complies with local laws and regulations. Cloud Bridge is committed to maintaining high standards of transparency and accountability in its operations.
In terms of client protection, Cloud Bridge implements a client funds segregation policy, ensuring that clients' funds are kept separate from the company's operational funds. This practice helps protect client investments in the event of financial difficulties faced by the broker.
Furthermore, Cloud Bridge participates in investor compensation schemes, providing an additional layer of security for its clients. The broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that all clients undergo proper verification processes before accessing trading services.
Cloud Bridge offers a wide range of trading products, primarily focusing on the forex market. The broker provides access to over 50 currency pairs, including major, minor, and exotic pairs. Some of the key currency pairs available for trading include:
In addition to forex trading, Cloud Bridge also offers Contracts for Difference (CFDs) across various asset classes. These include:
Cloud Bridge frequently updates its product offerings, ensuring that clients have access to the latest financial instruments. The broker also provides retail trading services, enabling individual traders to participate in the global financial markets.
For institutional clients, Cloud Bridge offers tailored solutions, including white-label services and asset management options, catering to the specific needs of larger trading entities.
Cloud Bridge supports the widely recognized MetaTrader 4 (MT4) trading platform, providing clients with a user-friendly interface and a range of advanced trading tools. MT4 is known for its robust charting capabilities, technical indicators, and automated trading features, making it a popular choice among traders.
In addition to MT4, Cloud Bridge offers a proprietary web-based trading platform, allowing users to trade directly from their browsers without the need for downloads. This platform is designed to be intuitive and accessible, catering to traders of all skill levels.
For mobile trading, Cloud Bridge provides applications compatible with both iOS and Android devices, enabling clients to trade on the go. The mobile app includes essential trading features, real-time market data, and account management options.
The broker operates using an ECN (Electronic Communication Network) execution model, ensuring fast trade execution and minimal slippage. Cloud Bridge's servers are strategically located to enhance connectivity and improve trading performance.
Additionally, the broker supports API access, allowing clients to implement automated trading strategies and connect third-party trading tools seamlessly.
Cloud Bridge offers several account types to cater to different trading needs. The primary account types include:
Cloud Bridge also provides a demo account option, allowing new traders to practice their strategies in a risk-free environment. The leverage offered by the broker varies, with a maximum leverage ratio of 1:100 available for forex trading.
The minimum trade size is set at 0.01 lots, enabling traders to manage their risk effectively. Cloud Bridge has a transparent overnight fees policy, ensuring that clients are aware of any costs associated with holding positions overnight.
Cloud Bridge supports various deposit methods, including:
The minimum deposit requirement varies by account type, with the standard account requiring $300 and the ECN account requiring $5,000. Deposits are typically processed within 1-3 business days, depending on the chosen payment method.
Cloud Bridge imposes no deposit fees, allowing clients to fund their accounts without incurring additional costs. However, withdrawal methods may vary, and clients are encouraged to check with customer support for specific details regarding withdrawal options and any associated fees.
Withdrawal processing times generally range from 1 to 5 business days, depending on the method used. Cloud Bridge aims to maintain a transparent fee structure, ensuring that clients are informed of any costs related to withdrawals.
Cloud Bridge provides comprehensive customer support through various channels, including:
The support team is available during business hours, ensuring timely assistance for clients' inquiries. The broker also offers multilingual support, catering to clients from diverse backgrounds.
To enhance traders' knowledge and skills, Cloud Bridge provides a range of educational resources, including:
Additionally, Cloud Bridge offers trading tools such as economic calendars and profit calculators, aiding clients in their trading endeavors.
Cloud Bridge primarily serves clients in Australia and other regions globally. The broker has established a presence in various markets, providing trading services to a diverse clientele.
However, Cloud Bridge does not accept clients from certain countries due to regulatory restrictions. Specific countries where services are not offered include:
Clients are advised to check the broker's website for the most up-to-date information regarding regional availability and any restrictions that may apply.
In summary, Cloud Bridge is a regulated forex broker offering a wide range of trading products, competitive trading conditions, and robust customer support. The broker's commitment to compliance and client protection makes it a viable choice for traders looking to engage in the forex market.