Search

Cyber Futures Forex Broker provides real users with 1 positive reviews, * neutral reviews and * exposure review!

Cyber Futures Broker Review

2.08

WikiFX monitor

Software Index

White Label

License

No license

Cyber Futures Review 1

Latest All(1) Positive(1)
Positive

I've only been a customer for 1 week, for the time being it's been fine...always successful

marubosu528
2023-02-10

  

Cyber Futures 2025 Review: Everything You Need to Know

  Cyber Futures, an Indonesia-based forex broker, has garnered mixed reviews from various sources. While some users appreciate its wide range of trading instruments and the availability of the popular MetaTrader 4 (MT4) platform, others raise significant concerns about its lack of regulation and transparency. This review aims to provide a comprehensive overview of Cyber Futures, highlighting both its strengths and weaknesses based on user experiences and expert opinions.

  Note: It is crucial to consider the differences in regulatory environments across regions when assessing brokers like Cyber Futures. This review aims for fairness and accuracy based on the available data.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Setup (Experience) 5
Trustworthiness 2
User Experience 4

  We assess brokers based on user feedback, expert reviews, and factual data.

  

Broker Overview

  Cyber Futures, officially known as PT. Cyber Futures Forex, was established in 2004 and is headquartered in Jakarta, Indonesia. The broker primarily offers trading services through the MetaTrader 4 platform, which is favored for its user-friendly interface and extensive analytical tools. Cyber Futures provides access to various asset classes, including forex pairs, commodities, indices, and CFDs. However, it is important to note that Cyber Futures is not regulated by any major financial authorities, raising concerns about its credibility and safety.

  

Detailed Analysis

  •   Regulatory Environment: Cyber Futures operates without regulation from recognized financial authorities, which poses significant risks for traders. The absence of oversight can lead to potential misconduct and fraudulent activities. According to WikiFX, the broker has a "high potential risk" rating due to its lack of regulation.

  •   Deposit/Withdrawal Methods: The broker primarily utilizes local banking channels for deposits and withdrawals. However, specific details regarding payment methods, fees, and processing times are scarce, which could pose challenges for users. It is advisable for traders to directly contact Cyber Futures for comprehensive information.

  •   Minimum Deposit: The minimum deposit required to open an account with Cyber Futures is USD 200, which is relatively standard in the industry. However, the lack of clarity regarding account types may deter potential traders.

  •   Bonuses/Promotions: There is no detailed information available about any bonuses or promotions offered by Cyber Futures, which could be a drawback for traders looking for incentives.

  •   Asset Classes: Cyber Futures provides a diverse range of trading instruments, including major forex pairs, precious metals like gold and silver, indices such as the Hang Seng Index, and energy commodities like crude oil. This variety allows traders to implement various trading strategies.

  •   Costs (Spreads, Fees, Commissions): The broker offers competitive spreads starting from 0.1 pips for major currency pairs, but normal spreads can reach up to 3 pips depending on market conditions. Specific commission structures are not disclosed, which may raise concerns about transparency.

  •   Leverage: Cyber Futures offers leverage of up to 1:200, which can amplify both profits and losses. While higher leverage can provide greater trading opportunities, it also increases risk, particularly for inexperienced traders.

  •   Trading Platforms: Cyber Futures exclusively offers the MT4 trading platform, which is compatible with desktop and mobile devices. MT4 is well-regarded for its stability and support for automated trading through Expert Advisors (EAs), making it a popular choice among traders.

  •   Restricted Regions: There is no specific information available regarding restricted regions for trading with Cyber Futures, which may limit its accessibility for some users.

  •   Customer Support Languages: Customer support appears to be limited, with contact options primarily through phone and email. The lack of a functional website and online chat support may frustrate users seeking timely assistance.

      

  

Ratings Repeat

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Setup (Experience) 5
Trustworthiness 2
User Experience 4

  

Detailed Breakdown

  •   Account Conditions: The minimum deposit of USD 200 is standard, but the lack of transparent account types is a concern. As noted by WikiFX, the absence of clear information can deter potential clients.

  •   Tools and Resources: Cyber Futures provides access to the MT4 platform, which is well-regarded for its analytical capabilities. However, the lack of educational resources may hinder beginner traders.

  •   Customer Service and Support: Customer support is limited, with only phone and email available. The absence of a functional website and online chat options raises questions about the broker's commitment to customer service.

  •   Trading Setup (Experience): The trading experience is generally positive, with competitive spreads and the availability of various trading instruments. However, the lack of transparency regarding commissions may frustrate users.

  •   Trustworthiness: The absence of regulation is a significant red flag, as users may be exposed to higher risks. As highlighted by various sources, the broker's unregulated status raises concerns about its reliability.

  •   User Experience: User experiences are mixed, with some praising the trading platform and product offerings, while others express concerns about the broker's transparency and customer service.

  •   In conclusion, while Cyber Futures offers a range of trading instruments and a popular trading platform, its lack of regulation and transparency raises significant concerns. Potential traders should exercise caution and consider alternative, regulated options that prioritize security and accountability.

Cyber Futures review