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CBERRY WT -

Score

1.33 /10
Danger

CBERRY WT

United Kingdom

1-2 years

Suspicious Regulatory License

Self-developed

Suspicious Scope of Business

High potential risk

https://www.cberrywtfx.com

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index5.19

Risk Management Index0.00

Software Index4.37

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

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

CBERRY WT FOREX LIMITED

Company Abbreviation

CBERRY WT

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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CBERRY WT · Company summary

Note: CBERRY WT' official website - https://www.cberrywtfx.com is currently inaccessible normally.

CBERRY WT Review Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsCurrencies, indices, cryptos and commodities
Demo Account✅($1,000,000 virtual funds)
Leverage/
EUR/USD SpreadFrom 2.1 pips
Trading PlatformWeb
Min Deposit/
Customer SupportEmail: info@cberrywt.org
Address: 50-60 Station Road, Cambridge, United Kingdom, CB1 2JH

CBERRY WT is an unregulated broker registered in the United Kingdom, offering trading in currencies, indices, cryptos and commodities through a web-based platform.

CBERRY WT's home page

Pros and Cons

Pros Cons
Many tradable productsInaccessible website
Demo accountsNewly established
Multiple account typesUnregulated
FCA warning
Falsely claims registration in the UK
Wide spreads
No reliable trading software
Only accept crypto payments
Only email support

Is CBERRY WT Legit?

According to FCA, it confirmed that CBERRY WT is not authorised by them. Therefore, it is not a regulated broker. Besides, as of now, their official website is not functional. It is not a legit broker!

FCA warning

What Can I Trade on CBERRY WT?

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

Account Type

Apart from demo accounts with $1,000,000 in virtual funds, CBERRY WT also offers three live account types, including Comprehensive, Finance and Financial STP accounts.

Account comparison

CBERRY WT Fees

It is clear that the spreads for major currency pairs are considerably higher than the industry average of up to 1.5 pips. For example, the spread for EURUSD is 2.1 pips, GBPUSD is 2.7 pips, and USDJPY is also 2.7 pips.

Currency PairSpread
EURUSD2.1 pips
GBPUSD2.7 pips
USDJPY

Trading Platform

Upon closer examination of Cberry Wt‘s platform, which is a clone of another website, it is evident that it is a fraudulent operation with no real trading activity. Therefore, traders are strongly advised against depositing any funds with Cberry Wt’s platform.

Trading PlatformSupported Available Devices Suitable for
Web-based✔Web/
MT4❌/Beginners
MT5❌/Experienced traders

Deposit and Withdrawal

CBERRY WT offers a notably limited selection of payment methods, confining options solely to cryptocurrencies. Fees vary depending on cryptos. Deposit and withdrawal requests are said to be processed within 24 hours.

User Reviews

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User comment

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Comments

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Benner
more than one year
CBERRY WT offers very good maximum leverage and a low minimum deposit, making it a great choice for traders looking to maximize their potential with minimal risk.
CBERRY WT offers very good maximum leverage and a low minimum deposit, making it a great choice for traders looking to maximize their potential with minimal risk.
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2024-07-12 19:01
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Aiko. Ishikawa
more than one year
CBERRY WT is very manipulative, they deliberately hit your SL. And price immediately went the other way, but in my other broker platform price didn't get to my stop, same currency pair same price. This has happened to me so many times.
CBERRY WT is very manipulative, they deliberately hit your SL. And price immediately went the other way, but in my other broker platform price didn't get to my stop, same currency pair same price. This has happened to me so many times.
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2024-06-28 15:35
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