CFDInterbank -Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

Established in 2014, 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.

Market Instruments

CFDInterbank offers investors a range of financial instruments, including Forex, stocks, bonds, commodities, indices, and cryptocurrencies.

Accounts & Leverage

CFDInterbank has four account types for investors to choose from, namely Silver, VIP, Platinum, and Diamond accounts. Account standards are set in terms of minimum deposits, ranging from $1,000 to $50,000. In addition, the trader offers leverage trading up to 500:1.

Currency Pairs & Spreads

Users can trade 51 currency pairs at CFDInterbank, trading 10,000 currency units at a time. The broker charges variable spreads, with higher account levels enjoying more favorable spreads. According to the official website, the spreads for VIP, Platinum and Diamond accounts start from 0.5 pips, 1 pip and 0 pips in that order.

Trading Platform

CFDInterbank offers its clients access to the world's financial markets via the MetaTrader 4 (MT4) platform, which is used by millions of traders worldwide and supports both PC and mobile use.

Deposit & Withdrawal

CFDInterbank supports more than one payment method for deposits/withdrawals, including bank wire transfers, credit/debit cards, and online payment methods. Note that the broker currently only accepts USD, EUR and GBP.

Customer Support

CFDInterbank supports a 24/5 service. Customers can contact their account manager or other support team via email, phone, or live chat for consultation.

Restricted Areas

CFDInterbank does not specify which countries it accepts traders from, but the company notes that it does not offer its services to residents of the European Union, Canada, Israel and the United States.