CIB FX-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

PT CERDAS INDONESIA BERJANGKA (“CIB FX”) is an Indonesia-based broker, offering forex currency pairs, commodities, oil trading services. CIB FX is not subject to any regulation, so it is unsafe to trade with this broker.

Official Website Unavailable

Since CIB FX official website cannot be opened at this moment, we can only find minimal information

Market Instruments

CIB FX offers trading in forex currency pairs, commodities, oil. Overall, trading assets available on the CIB FX platform is quite limited.

Minimum Deposit

CIB FX does not disclose its minimum deposit to start real trading. In most cases, most brokers would ask traders to fund around $100 to register a real trading account.

Leverage

The maximum trading leverage offered by CIB FX is up to 1:100. Some traders may hold that it is a little conservative, but given the fact that leverage can magnify returns as well as potential risks, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

CIB FX only advertises that it offers competitive spreads, but does not specify spreads on particular instruments. Obviously, this seems like an advertisement used by this broker trying to scam broker.

Trading Platform Available

When it comes to trading platforms available, CIB FX offers MT4, the industry-recognized and widely used platform. It has many powerful features, including 9 timeframes, large number of technical indicators, as well as EAs (Expert Advisors).

Deposit & Withdrawal

CIB FX seems only accept traders to fund their accounts through Bank Cards. Other more convenient methods like wire transfer, Skrill and Neteller are not available.