Abstract:CBF offers market instruments such as forward contracts, futures contracts, options contracts and swaps. CBF offers a maximum utilization of 1:500 Forex double and 1:200 other products. The minimum deposit is $100 and the withdrawal fee is $5. The company's trading platform is Meta Trader 4.
CBF Review Summary | |
Founded | 2020 |
Registered Country/Region | United Kingdom |
Regulation | Clone |
Market Instruments | Forwards, Futures, Opions, Swaps |
Demo Account | Unavailable |
Leverage | 1:500 (forex), 1:200 (other products) |
Spread | 0.2 pips for forex, 0.5% for stocks |
Trading Platform | Meta Trader 4 |
Min Deposit | $100 |
Customer Support | Phone: +44 2031295420 |
Email: info@cbfforex.com |
CBFoffers market instruments such as forward contracts, futures contracts, options contracts and swaps. CBF offers a maximum utilization of 1:500 Forex double and 1:200 other products. The minimum deposit is $100 and the withdrawal fee is $5. The company's trading platform is Meta Trader 4.
Pros | Cons |
Regulated by the Financial Conduct Authority | Reported as clone |
Maximum leverage of 1:500 on forex pairs | Unaccessible website |
Meta Trader 4 trading platform available | Limited Customer Support channels |
Access to a network of ATMs for some Savings Accounts | Minimum deposit requirement is as high as $100 |
CBF is regulated by the UK Financial Conduct Authority (FCA, license number 466201), but this is reported as a clone.
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
FCA | Axi Financial Services (UK) Limited | Market Making(MM) | 466201 |
CBF offers traders the opportunity to have access to Forwards, Futures, Opions, Swaps contracts.
Tradable Instruments | Supported |
Forwards | ✔ |
Futures | ✔ |
Opions | ✔ |
Swaps | ✔ |
Binary Options | ❌ |
Mutual Funds | ❌ |
CBFoffers three live account types, namely Current accounts, Savings accounts, and Type C accounts.
The Current Account offered by CBF is a basic account with no monthly fees.
CBF offers a maximum leverage of 1:500 on forex pairs and 1:200 on other products.
The spread of the CBF forex pair is usually around 0.2 points, and the spread of the stock pair is usually around 0.5%.
CBF does not charge commissions on most of its trading products, but charges a commission of $10 per round of trading on futures contracts.
CBF has a minimum deposit requirement of $100.
Meta Trader 4 is a popular one chosen by CBF to serve clients.
Trading Platform | Supported | Available Devices | Suitable for |
Meta Trader 4 | ✔ | Windows, MAC, IOS, Android | Investors of all experience levels |
CBF allows deposits and withdrawals via bank transfers, credit and debit cards. There is no fee for depositing funds into a CBF account, but there is a $5 fee for withdrawing funds. The minimum daily deposit is $100 and the maximum daily withdrawal is $10,000.