FXIBA Forex Broker

Note: FXIBA's official website https://www.fxiba.com/ is currently inaccessible normally. FXIBAReview Summary Founded/ Registered Country/RegionUK RegulationNo regulation Market InstrumentsCurrency pairs and CFDs on commodities, indices and stocks Demo Account/ Leverage/ EUR/USD Spread3 pips Trading PlatformMT4 Min Deposit/ Customer SupportTel: +442034325958 Email: support@fxiba.com FXIBA is a financial company based on the UK, offering trading in currency pairs and CFDs on commodities, indices and stocks through the leading MT4 platform. However, this company is not regulated currently.Pros and Cons Pros Cons Various trading assetsInaccessible website MT4 supportedLack of regulation Popular payment optionsHigh spreads No info on minimum depositIs FXIBA Legit? No, FXIBA is not regulated by financial regulatory authorities in the UK. As is shown in the screenshot below, FXIBA is not regulated by FCA. Please be aware of the risks!What Can I Trade on FXIBA? FXIBA offers trading in currency pairs and CFDs on commodities, indices and stocks. Tradable Instruments Supported Currency pairs✔ CFDs✔ Commodities✔ Indices✔ Stocks✔ Bonds❌ Bonds❌ ETFs❌Account Type FXIBA offers 4 types of accounts, including Silver, Gold, VIP, and Premium. Besides, swap-free Islamic accounts are also available. However, it is not clear whether a free demo account is available or not, and the details of these accounts are also not clear.Spread FXIBA offers fixed spreads. For the EUR/USD pair, the spread is 3 pips.Trading Paltform Trading PlatformSupported Available Devices Suitable for MT4✔Web, desktop, mobileBeginners MT5❌/Experienced tradersDeposit and Withdrawal The payment options include bank transfers, credit/debit cards, Skrill, Neteller, cashU, and MegaTransfer. However, other details such as the minimum deposit/withdrawal, the processing time, fees are not clear.