CIBFX: Comprehensive Broker Review (Rated: 5.1/10)

Today, we are going to take a close look at Capital Investment Brokers Limited (CIBFX). They've been in the trading industry since 2005 and are keen on providing a variety of features to traders worldwide. However, do keep in mind that they do not cater to US Traders. Read on to determine if CIBFX fits your trading needs.

Account Specifications

The CIBFX minimum account size is fairly accessible, with a requirement of just $500. This is comparatively lower than many industry competitors and can make it an attractive option for traders just starting out or those with limited capital. The minimum position size is 0.01.

However, they fall short in the area of regulation. CIBFX is not seriously regulated, an important factor potential traders should consider for the safety of their investments.

Trading Features

CIBFX brings an array of features to boost your trading experience. The broker offers trading by phone which can be particularly useful for traders who can't always be near a computer. They also provide free educational resources, a key component to newcomer or seasoned traders for consistent learning and staying updated with the market trends.

Adding to the feature list, CIBFX offers Virtual Private Servers (VPS), segregated accounts, and trading contests. Additionally, a personal manager is assigned to guide you through your trading journey and to address your questions and needs promptly. On top of these, they also offer bonuses for motivation.

Leverage details weren't provided; it's encouraged to reach out to CIBFX directly for this information.

Spreads and Fees

CIBFX provides a low spread. For novice traders, a low spread broker can be beneficial as the cost to trade is less, and it's easier to make a profit. Remember, however, that lower spreads might come with disadvantages. Always be sure to take the whole picture into account.

Customer Support

It's important to note that this review lacks a reflection on CIBFX's customer support. We recommend potential users consider this in their overall evaluation of this broker.

Final Thoughts

CIBFX exhibits an average rating of 5.1/10. Considering the trading features provided by the broker, it would be ideal for individuals seeking a low initial investment and a varied trading experience. However, the lack of serious regulation is a significant drawback. Prospective traders need to weigh the benefits against the potential risks before making a decision.

Please remember, this review is provided only for information and it doesn't constitute financial advice. Always do your own research and think about your needs as a trader before deciding to use a particular broker.

Thanks for reading, and happy trading!