Score

7.55 /10
Good

CBCX

United Kingdom

10-15 years

Regulated in United Kingdom

Financial Service

MT4 Full License

AA

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index5.50

Business Index8.51

Risk Management Index8.90

Software Index9.32

License Index6.63

Time Machine
Website
  • The claim standard per customer is 1000 dollars

    IAP · Legal aid C

Licenses

VPS Standard
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1G

40G

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CBCX · Benchmark
Average transaction speed(ms)
421
The highest transaction speed(ms)
312 Poor
The highest speed of opening positions(ms)
312
The highest speed of closing position(ms)
313
The lowest speed of opening positions(ms)
1289 Good
The lowest speed of closing position(ms)
1796
Ranking: 25 / 125
Test user 197
Transactions 1,708
Ocuppied margin $359,893 USD
Data Source WikiFX Data provide
Updated: 2024-12-25 01:12:00
CBCX · Company summary
CBCX Review Summary
Founded2010
Registered Country/RegionSouth Africa, United Kingdom, Mauritius
RegulationFCA、FSCA、FSC
Market InstrumentsForex, Precious metals, commodities, indices
LeverageN/A
EUR/ USD Spreadfloating around 0.1 pips
Trading PlatformsMT4 and MT5
Minimum DepositN/A
Customer Support24/7 Phone, email, Facebook, Twitter, Instagram and Linkedin

What is CBCX?

Established in 2010, CBCX Group has garnered recognition as a leading liquidity provider with its headquarters in London and offices spanning South Africa and Singapore. CBCX MARKETS LIMITED simplifies market access, empowering traders to navigate the dynamic landscapes of forex, precious metals, commodities, indices, and futures. Catering to a global clientele, CBCX supports over 20 languages and equips traders with cutting-edge technology, competitive spreads, and the flexibility of MT4 and MT5 platforms. As a trusted liquidity provider, CBCX adheres to the stringent regulatory standards set forth by FCA, FSCA, and FSC.

CBCX's home page

We would like to invite you to read the article that follows, where we will assess the broker from multiple perspectives and present organized and concise information. At the end of the article, we will offer a brief summary that will give you a complete understanding of the broker's essential traits.

Pros & Cons

ProsCons
  • Regulated by FCA
  • Regional restrictions
  • MT4 and MT5 supported
  • Limited research selection
  • Tight spreads
  • Social media presence

Pros of CBCX:

-Regulated by FCA: CBCX is currently regulated by the top tier regulated-FCA, which means it operates under strict regulation in the United Kingdom.

- MT4 and MT5 Supported: CBCX supports popular trading platforms like MT4 and MT5, providing traders with access to a wide range of tools and indicators for efficient trading.

- Tight Spreads: CBCX offers competitive spreads, which can help traders maximize their profits by reducing trading costs.

- Social Media Presence: CBCX maintains an active presence on social media platforms, allowing traders to stay updated with market news, educational content, and promotions.

Cons of CBCX:

- Regional Restrictions: CBCX has restrictions on certain jurisdictions, limiting access to their services for traders from specific regions.

- Limited Research Selection: CBCX has a limited selection of research materials and market analysis tools, which could be a drawback for traders who rely heavily on comprehensive research for their trading decisions.

Is CBCX legit?

Currently, CBCX is regulated by FCA in the UK, FSCA in South Africa and FSC in Mauritius, which means it operates under strict regulatory framework.

Is CBCX legit?

Market Instruments

CBCX provides access to four classes of trading instruments across multiple asset classes, including:

- Forex: CBCX offers trading in major and minor currency pairs, including USD, EUR, JPY, GBP, AUD, NZD, and CAD, among others.

Forex

- Precious Metals: The broker enables trading of precious metals like gold, silver, platinum, and palladium, which are often used as safe-haven assets in times of economic uncertainty.

Precious Metals

- Commodities: CBCX provides access to a range of commodities, such as crude oil, natural gas, coffee, sugar, corn, wheat, and soybeans, among others.

Commodities

- Indices: The broker offers trading in a diverse range of global stock indices, including S&P500, NASDAQ, Dow Jones, FTSE, DAX, Nikkei, and more.

Indices:

Accounts

CBCX offers two live account types: Brokerage Margin accounts and Direct Trading accounts.

  • Brokerage Margin Accounts:

- FX & CFD Liquidity: CBCX provides access to liquidity for trading in foreign exchange (FX) markets and contracts for difference (CFDs). Traders can take advantage of price fluctuations in these markets without actually owning the underlying assets.

- API Connectivity: CBCX offers API connectivity, allowing traders to integrate their own trading systems or algorithms directly with the CBCX trading infrastructure.

- Equinix Matching Engine: CBCX utilizes the Equinix Matching Engine, a robust technology solution that ensures fast and reliable execution of trades.

  • Direct Trading Accounts:

- Web GUI: CBCX offers a web-based graphical user interface (GUI), allowing traders to access and manage their accounts directly from a web browser. This eliminates the need for downloading or installing additional software.

- Institutional Trading GUI: CBCX also provides an institutional-grade GUI tailored for professional traders or institutions. This GUI offers advanced features and functionality to meet the specific trading needs of institutional clients.

Both account types offer competitive pricing, reliable trade execution, and access to a wide range of trading instruments across various asset classes. Traders can choose the account type that aligns with their trading preferences and requirements.

Accounts

Spreads & Commissions

CBCX offers competitive spreads starting from 0.0 pips. The spread is the difference between the bid and ask price of a financial instrument, and a lower spread generally indicates better trading conditions for traders.

EUR/USD Spread

Regarding commissions, CBCX does not provide specific information about commissions on their website. This suggests that they may operate on a spread-only pricing model, where the cost of trading is embedded within the spread itself, and no separate commission is charged per trade. This type of pricing model can be beneficial for traders, as it simplifies the cost structure and allows for more transparency in trading expenses.

Trading Platforms

CBCX offers its clients access to both the MetaTrader 4 (MT4) and the MetaTrader 5 (MT5) platforms. Both platforms are widely used throughout the industry and offer a range of features designed to support traders in their strategies.

  • MT4

The MT4 platform is a popular choice among forex traders as it offers advanced charting and analysis tools alongside an intuitive user interface. Traders can customize and save chart templates, set alerts for certain price levels, and access a range of technical indicators. Additionally, the platform supports automated trading through the use of expert advisors, allowing traders to automate trades based on specific criteria.

MT4
  • MT5

The MT5 platform, on the other hand, offers even more features and functionality than its predecessor. In addition to the charting tools and technical indicators available on MT4, MT5 offers more advanced market analysis tools, a greater range of timeframes, and support for both traditional netting and hedging order accounting systems. Additionally, MT5 supports trading in a wider range of asset classes, including stocks and futures, making it a more versatile platform overall.

MT5

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +44(0) 2037288999, +27(0) 311000682 (24/7)

Email: support@cbcx.com, primeservices@cbcx.com

Physical Address:

20 Victoria St, London, SW1H 0NB, England, UK.

AMR Building 3, 9 Concorde East Road, Bedfordview, 2007, South Africa.

Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, Instagram and Linkedin.

X: https://x.com/CBCXMARKETS

Facebook: https://www.facebook.com/profile.php?id=61561567495270

Instagram: https://www.instagram.com/cbcxmarkets/

Linkedin: https://www.linkedin.com/company/cbcxgroup/?viewAsMember=true

contact details

CBCX provides an online messaging feature within their trading platform, enabling traders to communicate directly with customer support or other traders. This functionality offers a convenient means to receive real-time assistance or engage in discussions with fellow traders.

online messaging

Conclusion

In essence, CBCX is a reputable liquidity provider, regulated by FCA, FSCA, and FSC, offering diverse trading options and services to clients worldwide. CBCX facilitates access to a wide range of markets. This brokerage firm supports popular trading platforms like MT4 and MT5, catering to the needs of traders of all levels.

Frequently Asked Questions (FAQs)

How can I contact the customer support team at CBCX?

You can contact via telephone: +44(0) 2037288999 and +27(0) 311000682 and email: primeservices@cbcx.com.

Does CBCX offer the industry leading MT4 & MT5?

Yes. It offers MT4 and MT5.

At CBCX, are there any regional restrictions for traders?

Yes. The information on CBCX is not directed at residents of the United States, Belgium, Israel, Iran and North Korea, officially the Democratic People's Republic of Korea or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

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. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.