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24trading-Some important Details about This Broker

CFDInterbank Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-03 14:50

Abstract:Established in 2018, Glastrox Trade Ltd is an STP broker based in the Marshall Islands, and CFDInterbank is its brand name. According to the official website, the trader is a licensed investment company regulated by the Marshall Islands Business Companies Act, but it does not actually hold any authorized licenses.

  Note: CFDInterbank's official website - https://cfdinterbank.com is currently inaccessible normally.

CFDInterbank Review Summary
Founded2018
Registered Country/RegionMarshall Islands
RegulationNo regulation
Market InstrumentsForex pairs, indices, commodities, stocks, and cryptocurrencies
Demo Account✅
LeverageUp to 1:500
EUR/USD SpreadFloating around 2.6 pips
Trading PlatformMT4
Min Deposit$100
Customer Support24/5 support
Tel: +61 871303564
Email: support@cfdinterbank.com
Regional RestrictionsEuropean Union, Canada, Israel and the United States

  Established in 2018, Glastrox Trade Ltd is an STP broker based in the Marshall Islands, and CFDInterbank is its brand name. According to the official website, the trader is a licensed investment company regulated by the Marshall Islands Business Companies Act, but it does not actually hold any authorized licenses.

Pros and Cons

Pros Cons
Diverse tradable assetsRegional restrictions
Demo accounts availableInaccessible website
Multiple account typesLack of regulation
MT4 supportedWide spreads
Popular payment options

Is CFDInterbank Legit?

  No, CFDInterbank is not regulated by the financial services regulatory authority in Marshall Islands, which means that the company lacks regulation from its registration site. Besides, its domain status shows that activities such as client transferring and updating are prohibited. Please note the potential risks!

No license
Domain information

What Can I Trade on CFDInterbank?

  CFDInterbank provides several types of products, including forex pairs, indices, commodities, stocks, and cryptocurrencies.

Tradable Instruments Supported
Forex Pairs✔
Indices✔
Commodities✔
Stocks✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌

Account Type

Account TypeMin Deposit
Silver$1,000
VIP/
Platinum/
Diamond$50,000

Spread

Account TypeSpread
Silver/
VIPFrom 0.5 pips
PlatinumFrom 1 pip
DiamondFrom 0 pips

Leverage

  The leverage can be up to 1:500. Traders need to consider carefully before investing, because high leverage is likely to bring high potential risks.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔PC, web, mobileBeginners
MT5❌/Experienced traders
MT4

Deposit and Withdrawal

  CFDInterbank supports VISA, MasterCard, and wire transfers, and the minimum deposit is $100. Note that the broker currently only accepts USD, EUR and GBP.

Related broker

No Regulation
CFDInterbank
Company name:Glastrox Trade Ltd.
Score
1.56
Website:https://cfdinterbank.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.56

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