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CBF Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-06 13:53

Abstract:CBF offers market instruments such as forward contracts, futures contracts, options contracts and swaps. CBF offers a maximum utilization of 1:500 Forex double and 1:200 other products. The minimum deposit is $100 and the withdrawal fee is $5. The company's trading platform is Meta Trader 4.

CBF Review Summary
Founded2020
Registered Country/RegionUnited Kingdom
RegulationClone
Market InstrumentsForwards, Futures, Opions, Swaps
Demo AccountUnavailable
Leverage1:500 (forex), 1:200 (other products)
Spread0.2 pips for forex, 0.5% for stocks
Trading PlatformMeta Trader 4
Min Deposit$100
Customer SupportPhone: +44 2031295420
Email: info@cbfforex.com

CBF Information

  CBFoffers market instruments such as forward contracts, futures contracts, options contracts and swaps. CBF offers a maximum utilization of 1:500 Forex double and 1:200 other products. The minimum deposit is $100 and the withdrawal fee is $5. The company's trading platform is Meta Trader 4.

Pros and Cons

Pros Cons
Regulated by the Financial Conduct AuthorityReported as clone
Maximum leverage of 1:500 on forex pairsUnaccessible website
Meta Trader 4 trading platform availableLimited Customer Support channels
Access to a network of ATMs for some Savings AccountsMinimum deposit requirement is as high as $100

Is CBF Legit?

  CBF is regulated by the UK Financial Conduct Authority (FCA, license number 466201), but this is reported as a clone.

Is CBF Legit?
Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense Number
Is CBF Legit?
FCAAxi Financial Services (UK) LimitedMarket Making(MM)466201

What Can I Trade on CBF?

  CBF offers traders the opportunity to have access to Forwards, Futures, Opions, Swaps contracts.

Tradable Instruments Supported
Forwards✔
Futures✔
Opions✔
Swaps✔
Binary Options❌
Mutual Funds❌

Account Types

  CBFoffers three live account types, namely Current accounts, Savings accounts, and Type C accounts.

  The Current Account offered by CBF is a basic account with no monthly fees.

Leverage

  CBF offers a maximum leverage of 1:500 on forex pairs and 1:200 on other products.

CB Fees

  The spread of the CBF forex pair is usually around 0.2 points, and the spread of the stock pair is usually around 0.5%.

  CBF does not charge commissions on most of its trading products, but charges a commission of $10 per round of trading on futures contracts.

  CBF has a minimum deposit requirement of $100.

Trading Platform

  Meta Trader 4 is a popular one chosen by CBF to serve clients.

Trading PlatformSupported Available Devices Suitable for
Meta Trader 4✔Windows, MAC, IOS, AndroidInvestors of all experience levels

Deposit and Withdrawal

  CBF allows deposits and withdrawals via bank transfers, credit and debit cards. There is no fee for depositing funds into a CBF account, but there is a $5 fee for withdrawing funds. The minimum daily deposit is $100 and the maximum daily withdrawal is $10,000.

  

Related broker

Clone Firm
CBF
Company name:CBF FINACIAL SERVICES
Score
1.58
Website:http://en.cbfforex.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | Regulated in United Kingdom
Score
1.58

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