CFDInterbank -Overview of Minimum Deposit, Spreads & Leverage
abstrak：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 | |
| Founded | 2018 |
| Registered Country/Region | Marshall Islands |
| Regulation | No regulation |
| Market Instruments | Forex pairs, indices, commodities, stocks, and cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| EUR/USD Spread | Floating around 2.6 pips |
| Trading Platform | MT4 |
| Min Deposit | $100 |
| Customer Support | 24/5 support |
| Tel: +61 871303564 | |
| Email: support@cfdinterbank.com | |
| Regional Restrictions | European 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 assets | Regional restrictions |
| Demo accounts available | Inaccessible website |
| Multiple account types | Lack of regulation |
| MT4 supported | Wide 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!
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 Type | Min Deposit |
| Silver | $1,000 |
| VIP | / |
| Platinum | / |
| Diamond | $50,000 |
Spread
| Account Type | Spread |
| Silver | / |
| VIP | From 0.5 pips |
| Platinum | From 1 pip |
| Diamond | From 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 Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, web, mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
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.
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Exchange Rate
