CIBfx is an offshore Forex brokerage firm that was founded in 2005. It offers a wide range of financial instruments for trading. The broker provides a user-friendly MT4 trading platform with a minimum deposit of a hefty $500 to open an account. The entity does not charge a commission on trades and has maximum leverage up to 1:500.
Is CIBfx Regulated?
CIBfx is an unregulated platform based in St.Vincent and the Grenadines. It claims to be regulated by the Vanuatu Vanuatu Financial Services Commission (VFSC). However, the entity fails to provide any legal evidence to prove its claim. Thus, entity legitimacy is a serious concern for investors.
Is It Safe To Invest With CIBfx?
CIBfx is a dubious platform. Its provided information is not coherent with reality. As the Forex markets involve a high degree of risk and uncertainties. Therefore, we recommend being cautious while associating with CIBfx for investment purposes.
How To Recover Your Lost Money From CIBfx?
CIBfx has received mixed feedback from the investors. Although, it has allegations for submitting fabricated positive reviews. The Spanish financial regulator CNMV has issued a public warning against the entity. In case, if you have been scammed by CIBfx, connect with us. We will assist you to recover your sum.
Were you deceived by this company? Leave your comment!