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.
Markets4you, is a global forex broker launched in 2007. It was established in the British Virgin Islands. This broker offers its global traders various market instruments.
Discover how MultiBank Group, a global leader in financial derivatives, secured three prestigious awards at Traders Fair Hong Kong 2024, highlighting its innovative trading solutions and industry excellence.
PT. Doo Financial Futures, a subsidiary of the global financial services brand Doo Group, has secured regulatory approval from Indonesia’s Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI).
Webull Canada launches options trading for TFSAs and RRSPs, offering Canadian investors tax-free growth and retirement savings optimization opportunities.