FXIBA

Note: FXIBA's official website https://www.fxiba.com/ is currently inaccessible normally.

FXIBA is a financial company based on the UK, offering trading in currency pairs and CFDs on commodities, indices and stocks through the leading MT4 platform. However, this company is not regulated currently.

Pros and Cons

Is FXIBA Legit?

No, FXIBA is not regulated by financial regulatory authorities in the UK. As is shown in the screenshot below, FXIBA is not regulated by FCA. Please be aware of the risks!

What Can I Trade on FXIBA?

FXIBA offers trading in currency pairs and CFDs on commodities, indices and stocks.

Account Type

FXIBA offers 4 types of accounts, including Silver, Gold, VIP, and Premium. Besides, swap-free Islamic accounts are also available. However, it is not clear whether a free demo account is available or not, and the details of these accounts are also not clear.

Spread

FXIBA offers fixed spreads. For the EUR/USD pair, the spread is 3 pips.

Trading Paltform

Deposit and Withdrawal

The payment options include bank transfers, credit/debit cards, Skrill, Neteller, cashU, and MegaTransfer. However, other details such as the minimum deposit/withdrawal, the processing time, fees are not clear.