Cbtrex positions itself as an innovative platform equipped with artificial intelligence. According to the information on the website, the company is registered with the number 412434 and is regulated by European Financial Security. In addition, an interactive map showing offices around the world is shown. How reliable is this platform? Our review will show you whether you can make money on its terminal and whether you should trust this broker.
How to Trade
Cbtrex encourages clients to make trades on its advanced platform. Web Trader 4, which was developed by the company’s programmers, can be used on Linux, Mac, or Windows-compatible devices.
You can trade more than 1000 instruments with Cbtrex. The broker will provide you with access to forex and CFDs on cryptocurrencies, metals, and other markets. You will get the following services after registering an account:
- Choice of tariff from 5 options with minimum deposit size from $250 to $500,000.
- Fair and clear pricing, spreads from 0.2 pips.
- Financial market analysis and advanced technical charts.
Cbtrex guarantees the security and confidentiality of user transaction history and personal data by storing information in secure databases. The company promises that you will not be charged for terminal usage, inactivity, or market data. The broker offers personalized education, online trading webinars, and assistance from professional staff.
Cbtrex Vital Info
The official website of the company does not have an “About Us” section, and the “Contact Us” page has very scant information about its location. In fact, the house and office numbers are not in the address reported by the site owner. In addition, the administration hides the history of the project and its start date. It is worth noting that the domain was registered only in January 2024.
We were unable to find a Cbtrex office in the specified London area based on the brand name. A certain European Financial Commission, listed in the footer with the number 412434, has no relation to the official regulator. In addition, the domain of this “commission” website was registered just a few days after the cbtrex.com domain. We have thoroughly checked all the resources that could help to confirm the company’s activity within the legal framework. However, all our efforts were unsuccessful. Finally, we do not understand why the broker does not advertise its activities on social networks, as its competitors actively do.
I have only a negative opinion about this platform. The charts that cbtrex provides for clients can't be used, because they are fake. In addition, prices change instantly on the terminal. I lost 2,360 euros here due to unstable software and I don't recommend dealing with this fake platform.
Managers can block trading on this platform at any time, and that’s what they did with me. I wanted to close profitable trades for profit, but the broker did not let me do it :( and tech support was not responding at that moment. As a result, I lost $452.
I don't understand who trades on cbtrex and why such dubious projects are needed? I think the right answer is that they are beneficial only for dishonest owners of such sites who take our money :( The company has no license, so it has no guarantees for traders at all. Meanwhile, although the broker offers good conditions, because of which I opened an account here, the actual trading differs very much from what is offered. I noticed that cbtrex.com is constantly being scammed :( Stop orders are triggered all the time, even when the market prices do not reach the levels I set. Swindlers play against me every trading session. Broker can suddenly block trading during a strong market movement and I lose up to 30 dollars every time. I write inquiries to support, but the operators reply by sending me references to the regulations, which say that the broker can do whatever it wants.
Even though I chose this company consciously and traded here of my own free will, I do not consider this platform a worthy broker. No one forced me to open an account here, no one called me, no one persuaded me to make a large deposit. However, I expected that I would receive honest and transparent service here, as well as I would be able to work with profit on an innovative terminal. I thought that this company gives quite acceptable conditions, and offers a working trading platform. Unfortunately, cbtrex did not meet my expectations. This is especially true for active trading. I did not enjoy the fact that there are requotes on every trade.
I'm absolutely stunned that a broker with an office in London has no regulation from the British Financial Authority! Cbtrex staff refused to provide me with the company's registration documents and to name the provider of quotes!!! This makes me have big doubts about the reliability of the company. I can't understand why they can't just share their information with a potential client if the brand is really legitimate?!! This seems very suspicious to me...
I opened an account just two weeks ago. I work only with currency pairs, and I plan to try metals. Transactions are different, there are losses of funds. The broker is suitable for beginners. The interface is intuitive, I quickly figured out how to work with my account. All the necessary information is always available. There are no slippages, orders are closed instantly, and for me, this is the main indicator of work. You can top up the deposit in any way without commission: both through online banking and electronic payments. The terminal pleased me with its quick reaction to my actions. Cbtrex withdraws money quickly. I like the regular access to the rebate service. I have contacted tech support several times, they answer quickly and to the point.