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CBF

United Kingdom|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|Clone Firm United Kingdom|High potential risk|

http://en.cbfforex.com/

Website

Rating Index

Contact

+44 2031295420
info@cbfforex.com
http://en.cbfforex.com/

Licenses

Licensed Institution:Axi Financial Services (UK) Limited

License No.:466201

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Open
Warning: Low score, please stay away!
2024-12-23
  • The claimed United KingdomFCA regulation (license number: 466201) is verified as a clone firm. Please pay attention to the risk!
2

Basic information

Registered region
United Kingdom
Operating period
5-10 years
Company Name
CBF FINACIAL SERVICES
Abbreviation
CBF
Company employee
--
Customer Service Email Address
info@cbfforex.com
Contact number
442031295420
Company website
Website
Company Summary
Review

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Official website

Website

  • cbfforex.com

    Server Location

    Hong Kong

    Website Domain Name

    cbfforex.com

    Website

    WHOIS.GODADDY.COM

    Company

    GODADDY.COM, LLC

    Domain Effective Date

    2014-12-24

    Server IP

    47.52.236.49

Company Summary

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 4Windows, 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.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Clone Firm United Kingdom
  • High potential risk
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