CFDInterbank -Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2025-01-03 14:50

Abstract：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.