Crib Markets Forex Broker

Crib Markets Review Summary in 10 PointsFounded2022Registered Country/RegionMauritiusRegulationFSC of MauritiusMarket InstrumentsForex, Metals, Energies, Indices, Shares, Commodities, Cryptocurrencies, BondsDemo Account✔LeverageUp to 1:500SpreadFrom 0.0 pipsTrading PlatformsMT5, Vertex platformMinimum Deposit$10Customer SupportLive chat, contact formPhone: +971 4284 6688Email: support@thecribmarket.comCrib Markets Information Crib Markets is an unregulated brokerage firm registered in Mauritius while operates in Dubai. It provides traders with access to market instruments including Forex, Metals, Energies, Indices, Shares, Commodities, Cryptocurrencies, and Bonds.Pros & ConsProsCons• Popular trading instruments to trade• Limited info on commissions• Multiple account types• Inactivity fees charged• Demo account available• Not accept clients from some countries• MT5 trading platform• No deposit/withdrawal fees• Low minimum deposit amount ($10)• Negative balance protection• Multiple payment methods supportedIs Crib Markets Legit? Crib Markets is regulated by the Financial Services Commission (FSC) of Mauritius under license no. GB23201631, holding a Retail Forex License. As an offshore-regulated broker, it operates under Mauritius financial framework, which typically offers more flexible trading conditions (such as higher leverage) but with less stringent investor protection compared to major jurisdictions like the EU or UK.Market Instruments Crib Markets offers an extensive selection of popular and mainstream tradable instruments. Generally, its product offerings are rich compared to many other brokers. Forex: Crib Markets offers a wide selection of currency pairs, allowing traders to participate in the dynamic foreign exchange market. These pairs include major, minor, and exotic currencies. Metals: Precious metals like gold and silver are available for trading, providing a safe-haven option for investors during times of market volatility. Energies: Trading in energy commodities such as spot and futures contract in oil and natural gas enables investors to take positions in one of the world's most influential markets. Indices: Crib Markets offers access to global stock indices, allowing traders to speculate on the performance of major stock markets worldwide such as the UK 100. Shares: Traders can invest in individual company shares, offering exposure to specific industries and sectors. Commodities: In addition to metals and energies, Crib Markets provides a broader range of commodities, including agricultural products and soft commodities such as copper, coffee and sugar. Cryptocurrencies: The cryptocurrency market is available for traders interested in digital assets like Bitcoin, Ethereum, Litecoin and Ripple. Bonds: Crib Markets offers trading in government and corporate bonds, providing a way for traders to diversify their portfolios with fixed-income securities. For details traders can visit https://thecribmarket.com/contractSpecification for instrument list of this broker.Account Types Crib Markets offers four live trading accounts: Cent, Classic, Pro, and VIP, as well as a demo account and an Islamic account. Demo Account: Traders can start with a demo account, which allows them to practice trading strategies and familiarize themselves with the platform risk-free. CENT Account: The CENT Account offers a low minimum deposit of just USD 10, making it accessible to traders looking to start with a smaller initial investment. CLASSIC Account: With a minimum deposit of USD 100, the CLASSIC Account is suitable for traders seeking a standard trading experience with competitive trading conditions. PRO Account: The PRO Account, also requiring a minimum deposit of USD 100, provides advanced trading features and tighter spreads for more experienced traders. VIP Account: For traders with a higher risk tolerance and a minimum deposit of USD 500, the VIP Account offers premium trading conditions and personalized support. Islamic Account: Islamic Accounts that comply with Sharia law is available for all live accounts, allowing traders to participate in the financial markets while adhering to Islamic principles, such as avoiding interest-based transactions.Leverage Crib Markets provides traders with the opportunity to use maximum leverage up to 1:500, which can amplify both potential profits and losses. While higher leverage can enhance trading power, it also increases risk significantly. Traders, especially beginners, should employ risk management strategies, and fully understand the implications of leveraged trading before using such high leverage levels. It's crucial to ensure that leverage is used wisely and in accordance with one's risk tolerance and trading experience to mitigate the potential for substantial losses.Spreads & Commissions Spreads and commisssions you need to pay depend on what account types you are holding. Specifically, with pricier accounts, trading costs go down. CENT Account & CLASSIC Account: With a spread starting from 1.6 pips and no commission, the CENT and Classic Account is suitable for traders looking for a cost-effective option with a lower initial deposit requirement. PRO Account: Traders opting for the PRO Account can benefit from tighter spreads, ranging between 0.2 and 0.4 pips, but there is a commission associated with this account type, details not specified. This account is ideal for traders who prioritize low spreads and are comfortable with a commission-based model. VIP Account: The VIP Account offers the lowest spreads, starting from 0.0 pips, but it does come with a commission fee which is not specified on brokers webpage. This account is designed for traders seeking the tightest spreads and premium trading conditions.Trading Platforms Crib Markets provides traders with versatile options for accessing the financial markets. They offer the popular MT5 (MetaTrader 5) trading platform, which is available on PC, Android, iOS, and web browsers. This platform is known for its advanced charting tools, technical indicators, and algorithmic trading capabilities, making it suitable for traders of all levels. In addition to MT5, Crib Markets also offers the Vertix platform, accessible on both Android and Windows devices. Trading Tools Crib Markets provides traders with a comprehensive set of trading tools. The offerings include an economic calendar, which keeps traders informed about key economic events and their potential impact on the markets. Additionally, traders can access forex signals to help them make informed trading decisions. The integration of MQL5 allows for the development and use of custom trading indicators and scripts, adding a level of customization to trading strategies. Autochartist offers pattern recognition and market analysis, assisting traders in identifying potential trading opportunities. Lastly, Myfxbook Autotrade enables copy trading, allowing traders to automatically replicate the strategies of experienced traders.Deposits & Withdrawals CRIB MARKETS LTD offers a range of convenient deposit and withdrawal methods, including Visa/Mastercard, RuPay, bank wire, and cryptocurrency,available in multiple currencies such as USD, EUR, and GBP. There are no commission fees, and the minimum deposit and withdrawal amounts are USD/EUR/GBP 100 and 10, respectively. Deposits are processed instantly, with withdrawals taking approximately 1 working day for most methods and 3-5 working days for bank wire transfers. Additionally, the company offers a Zero Fees Policy for bank wire transfers starting from $5,000, covering transaction fees up to $100 upon submission of relevant documentation. Please note that funding fees may apply in cases of limited trading activity.Customer Service Phone: +971 4284 6688 Email: support@thecribmarket.com Registered Address: CRIB MARKETS (MAURITIUS) LTD, Premier Financial Services Limited, Premier Business Centre, 10th Floor, Sterling Tower, 14, Poudriere Street, Port-Louis, Mauritius. Regional Address: Office No. 204 API WORLD TOWER, Near World Trade Centre Metro Station, Sheikh Zayed Road, Dubai, UAE Moreover, traders can access real-time assistance through live chat, submit inquiries via a convenient “Contact Us” form, or engage with the broker through social media platforms such as Facebook, Twitter, Instagram.Education CRIB MARKETS LTD provides an educational resource in the form of an Academy to support traders in their journey to enhance their knowledge and skills in the financial markets. This Academy offers a range of valuable educational materials, including tutorials, articles and other resources designed to help traders understand various aspects of trading, from fundamental concepts to advanced strategies. However, its notable that the links led to homepage only instead of related detailed page. Interested traders should contact with broker directly for confirmation and resources.FAQs Does Crib Markets offer industry leading MT4 & MT5? Yes, it offers MT5 platform on windows, Android and iOS devices. Does Crib Markets offer demo accounts? Yes. What is the minimum deposit for Crib Markets? $10 At Crib Markets, are there any regional restrictions for traders? Yes. CRIB MARKETS LIMITED does not provide services for citizens/residents of the United States, Cuba, Iraq, Myanmar, North Korea, Sudan.Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors.