Score

1.52 /10
Danger

CBFX

Suspicious Regulatory License

Suspicious Scope of Business

Clone Firm Cyprus

High potential risk

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Comparison

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Score

Regulatory Index0.00

Business Index7.10

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

CBFX Global Options Group Ltd

Company Abbreviation

CBFX

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 5
Previous Detection : 2024-12-22
  • The claimed CyprusCYSEC regulation (license number: 150/11) is verified as a clone firm. Please pay attention to the risk!
  • The claimed United KingdomFCA regulation (license number: 580193) is verified as a clone firm. Please pay attention to the risk!

WikiFX Verification

CBFX · Company summary

General Information

CBFX Global Options Group Ltd is a broker based in Cyprus, licensed and authorized by the Cyprus Securities and Exchange Commission (CySEC), as well as several major EU regulators including the Financial Conduct Authority (FCA) in the UK and BaFin in Germany.

Market Instruments

CBFX offers CFDs on over 1000 trading instruments, including forex pairs, precious metals, stocks, indices, commodities, bonds, ETFs and crypto currencies.

Account Types

There are four kinds of account types for investors to choose from at CBFX, namely Mini (minimum deposit of $500), Standard (minimum deposit of $1,000), Elite (minimum deposit of $3,000) and VIP (minimum deposit of $3,000).

Commission

No commission is charged for crypto trading.

Trading Platform

CBFX provides clients with access to the worlds financial markets through the MetaTrader 4 (MT4) and the MetaTrader 5 (MT5) platform.

Deposit & Withdrawal

Funding methods include VISA, MasterCard, Skrill, Sofort and bank wire.

Trading Hours

The trading times at CBFX depend on the specific markets. For example, the crypto market is open 24/5.

Customer Support

If clients have any questions or concerns, please call 15162312195 or email support@cbfxglobaloptions.com for consultation.

User Reviews

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User comment

3

Comments

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Aspect
more than one year
As a user of CBFX, I must warn everyone to be extremely cautious. This company is nothing but a clone scam. My aunt fell victim to their deceit and suffered greatly before passing away.
As a user of CBFX, I must warn everyone to be extremely cautious. This company is nothing but a clone scam. My aunt fell victim to their deceit and suffered greatly before passing away.
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2024-02-07 17:48
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WZH
more than one year
Total scam. Will not allow me to withdraw my funds! Unable to contact anyone who works there! Despite sending over 100 emails to their support team!
Total scam. Will not allow me to withdraw my funds! Unable to contact anyone who works there! Despite sending over 100 emails to their support team!
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2023-02-21 15:07
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